Ideanomics Inc
OTC:IDEX

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Ideanomics Inc
OTC:IDEX
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Price: 0.055 USD -8.33% Market Closed
Market Cap: 427.8k USD

Relative Value

The Relative Value of one IDEX stock under the Base Case scenario is 2.379 USD. Compared to the current market price of 0.055 USD, Ideanomics Inc is Undervalued by 98%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

IDEX Relative Value
Base Case
2.379 USD
Undervaluation 98%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
90
vs Industry
98
Median 3Y
0.5
Median 5Y
4.3
Industry
1.6
Forward
0
vs History
vs Industry
Median 3Y
-0.1
Median 5Y
-0.9
Industry
20.5
Forward
-0.2
vs History
vs Industry
Median 3Y
-0.3
Median 5Y
-1.9
Industry
14.4
vs History
vs Industry
Median 3Y
-0.3
Median 5Y
-0.3
Industry
20.2
vs History
vs Industry
Median 3Y
0.4
Median 5Y
1.1
Industry
1.8
vs History
79
vs Industry
52
Median 3Y
1.5
Median 5Y
4
Industry
1.7
Forward
0
vs History
vs Industry
Median 3Y
-10
Median 5Y
-7.3
Industry
6.1
vs History
vs Industry
Median 3Y
-0.3
Median 5Y
-1.8
Industry
12
Forward
0.4
vs History
vs Industry
Median 3Y
-0.3
Median 5Y
-1.7
Industry
15.8
Forward
-0.5
vs History
vs Industry
Median 3Y
-0.5
Median 5Y
-1.7
Industry
14.3
vs History
vs Industry
Median 3Y
-0.5
Median 5Y
-1.6
Industry
18.2
vs History
80
vs Industry
86
Median 3Y
0.4
Median 5Y
0.8
Industry
1.3

Multiples Across Competitors

IDEX Competitors Multiples
Ideanomics Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Ideanomics Inc
OTC:IDEX
427.8k USD 0 -0 -0.2 -0.2
US
Caterpillar Inc
NYSE:CAT
164.1B USD 2.6 16.5 12.2 14.1
SE
Volvo AB
STO:VOLV B
545.8B SEK 1.1 11.8 7 9.6
US
Paccar Inc
NASDAQ:PCAR
48.9B USD 1.5 14.1 9.4 11.1
US
Cummins Inc
NYSE:CMI
43.7B USD 1.3 15.7 9.8 12.5
JP
Toyota Industries Corp
TSE:6201
5.5T JPY 1.3 20.8 11.4 28.1
DE
Daimler Truck Holding AG
XETRA:DTG
30.4B EUR 0.6 10.6 7.3 9.4
US
Westinghouse Air Brake Technologies Corp
NYSE:WAB
34.1B USD 3.2 30.8 16.5 21.3
CN
CRRC Corp Ltd
SSE:601766
208.9B CNY 0.8 14.5 11.2 11.2
JP
Komatsu Ltd
TSE:6301
4T JPY 1 9 5.4 6.8
SE
Epiroc AB
STO:EPI A
258.2B SEK 4.1 29.6 17.3 22.2
P/E Multiple
Earnings Growth PEG
US
Ideanomics Inc
OTC:IDEX
Average P/E: 17.4
Negative Multiple: -0
N/A N/A
US
Caterpillar Inc
NYSE:CAT
16.5
2%
8.3
SE
Volvo AB
STO:VOLV B
11.8
3%
3.9
US
Paccar Inc
NASDAQ:PCAR
14.1
-3%
N/A
US
Cummins Inc
NYSE:CMI
15.7
-3%
N/A
JP
Toyota Industries Corp
TSE:6201
20.8
N/A N/A
DE
Daimler Truck Holding AG
XETRA:DTG
10.6
14%
0.8
US
Westinghouse Air Brake Technologies Corp
NYSE:WAB
30.8
21%
1.5
CN
CRRC Corp Ltd
SSE:601766
14.5
8%
1.8
JP
Komatsu Ltd
TSE:6301
9
N/A N/A
SE
Epiroc AB
STO:EPI A
29.6
10%
3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Ideanomics Inc
OTC:IDEX
Average EV/EBITDA: 10.8
Negative Multiple: -0.2
N/A N/A
US
Caterpillar Inc
NYSE:CAT
12.2
-4%
N/A
SE
Volvo AB
STO:VOLV B
7
0%
N/A
US
Paccar Inc
NASDAQ:PCAR
9.4
-7%
N/A
US
Cummins Inc
NYSE:CMI
9.8
10%
1
JP
Toyota Industries Corp
TSE:6201
11.4
-4%
N/A
DE
Daimler Truck Holding AG
XETRA:DTG
7.3
11%
0.7
US
Westinghouse Air Brake Technologies Corp
NYSE:WAB
16.5
9%
1.8
CN
CRRC Corp Ltd
SSE:601766
11.2
23%
0.5
JP
Komatsu Ltd
TSE:6301
5.4
0%
N/A
SE
Epiroc AB
STO:EPI A
17.3
7%
2.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Ideanomics Inc
OTC:IDEX
Average EV/EBIT: 14.6
Negative Multiple: -0.2
N/A N/A
US
Caterpillar Inc
NYSE:CAT
14.1
-2%
N/A
SE
Volvo AB
STO:VOLV B
9.6
1%
9.6
US
Paccar Inc
NASDAQ:PCAR
11.1
-5%
N/A
US
Cummins Inc
NYSE:CMI
12.5
11%
1.1
JP
Toyota Industries Corp
TSE:6201
28.1
N/A N/A
DE
Daimler Truck Holding AG
XETRA:DTG
9.4
11%
0.9
US
Westinghouse Air Brake Technologies Corp
NYSE:WAB
21.3
14%
1.5
CN
CRRC Corp Ltd
SSE:601766
11.2
9%
1.2
JP
Komatsu Ltd
TSE:6301
6.8
5%
1.4
SE
Epiroc AB
STO:EPI A
22.2
9%
2.5