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Diversified industrial manufacturer making electronics components, food-service equipment and engineered products.
Diversified industrial manufacturer making electronics components, food-service equipment and engineered products.
Operates as a portfolio of small niche businesses, each selling components or equipment specified into customers' products, such as relays and sensors, textures for engraving and refrigerated display cases, and adds to the mix by acquisition. Sales go mostly through OEMs and specialist channels rather than mass retail.
Moat: narrow (switching costs, process know-how). Niche, specified components across diverse end markets with limited but sticky customer relationships.
Headquarters: Salem, New Hampshire, US · Founded: 1955 · Employees: 4,100
Size Standex International (SXI) is a United States Industrials company (Electronic Equipment/Instruments) with a market value of $2.76B, the 1596th largest of 3,117 United States companies the cockpit tracks. Shares closed at $228.36 on 6 Nov 2026.
Performance Over six months the shares fell 12.7%, against -13.1% for the median peer and -1.1% for the United States market (cap-weighted) — 8th highest of 15 in its peer set.
Growth Revenue grew 8.3% over the last twelve months (peer median +6.6%); the operating margin is 17.6% (peer median 12.9%).
Valuation It trades at 20.9× forward earnings against a peer median of 18.8× (5th most expensive of 13).
Price implies For today's price to make sense, revenue must grow about 15% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is +9 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 0.9 points above its cost of capital (9.4% WACC).
Short interest Short interest is 5.5% of the free float (15 Oct 2026).
Next results Next results expected around 4 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|---|
| Revenue | $907M | $892M | $790M | $721M | $741M |
| Revenue growth | — | +13% | +10% | -3% | — |
| Gross profit | $383M | $372M | $315M | $282M | $285M |
| EBITDA | $198M | $191M | $156M | $139M | $140M |
| Net income | $114M | $105M | $55.8M | $73.1M | $139M |
| Free cash flow | $63.0M | $64.4M | $41.3M | $72.4M | $66.5M |
| Capital expenditure | $25.3M | $25.2M | $28.3M | $20.3M | $24.3M |
| Total debt | $564M | $566M | $604M | $188M | $207M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Standex International SXI | $2.76B | -13% | +8% | 18% | 20.9× | 15.2% |
| Ametek AME | $52.4B | -1% | +14% | 27% | 24.8× | 18.5% |
| Middleby MIDD | $6.17B | +3% | -7% | 17% | 18.5× | 6.9% |
| Littelfuse LFUS | $9.04B | -22% | +19% | 18% | 16.3× | 15.3% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | SXI | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -18.8% | -8.6% | 5th lowest of 15 |
| 6-month return | -12.7% | -13.1% | 8th highest of 15 |
| Distance from 52-week high | -37.2% | -26.9% | 5th lowest of 15 |
| Revenue growth (TTM) | +8.3% | +6.6% | 6th highest of 15 |
| Operating margin | 17.6% | 12.9% | 3rd highest of 15 |
| Forward P/E | 20.9× | 18.8× | 5th most expensive of 13 |
| Growth the price implies (Req g, 7 yrs) | 15.2% | 8.3% | 4th most demanding of 10 |
| Growth delivered (Del g) | +6.3% | +6.8% | 5th lowest of 10 |
| Hurdle (Req g minus delivered) | +8.9 pp | +1.6 pp | 4th most demanding of 10 |
| ROIC minus cost of capital | +0.9 pp | +3.3 pp | 6th lowest of 15 |
| EV / EBITDA | 16.2× | 14.9× | 6th most expensive of 12 |
| Net debt / EBITDA | 2.3× | 0.2× | 2nd most indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Standex International SXI | United States | $2.76B | -13% | +8% | 18% | 20.9× | 15.2% | +6.3% |
| Honeywell Automation India HONAUT.NS | India | $2.81B | -2% | +5% | 13% | 39.5× | 32.9% | +9.2% |
| Shihlin Electric & Engineering 1503.TW | Taiwan | $2.51B | -20% | +8% | 12% | 18.9× | 11.5% | +7.7% |
| Azbil 6845.T | Japan | $4.63B | -2% | +1% | 15% | 18.7× | 5.5% | +3.9% |
| Sensata Technologies ST | United States | $5.72B | -13% | +4% | 16% | 9.9× | 5.2% | +4.1% |
| Yokogawa Electric 6841.T | Japan | $6.24B | -30% | +7% | 13% | 15.5× | 6.8% | +10.1% |
| APAR Industries APARINDS.NS | India | $6.25B | +10% | +23% | 9% | 34.6× | n/a | n/a |
| MSA Safety MSA | United States | $6.55B | 0% | +8% | 22% | 17.5× | 8.3% | +6.8% |
| ESCO Technologies ESE | United States | $7.14B | -24% | +17% | 16% | 25.8× | 25.5% | +8.4% |
| China Railway Signal & Communication 3969.HK | Hong Kong | $7.40B | -15% | +6% | 12% | 7.4× | -6.9% | -3.6% |
| Ralliant RAL | United States | $7.49B | +43% | -4% | 15% | 19.2× | 20.5% | -0.3% |
| Genus Power Infrastructures GENUSPOWER.NS | India | $922M | -14% | +74% | 18% | 12.2× | n/a | n/a |
| Spectrum Electrical Industries SPECTRUM.NS | India | $800M | +262% | +104% | 13% | n/a | n/a | n/a |
| FuelCell Energy FCEL | United States | $796M | -27% | +1% | -88% | n/a | n/a | n/a |
| Posco Future M 003670.KS | South Korea | $10.6B | -36% | -9% | 2% | 282.1× | n/a | n/a |