Joel Greenblatt fit · Magic Formula - high ROIC + cheap EV/EBIT
Is IDEXX Laboratories, Inc. (IDXX) a Joel Greenblatt Stock?
High-quality business at a cheap price - strong Magic Formula fit.
83/100
CMixed signals
2/5 criteria passed
+8 sector-quality lift. Top-quintile within its sector on 4 of 5 quality metrics. Raw pillar score 75 → lifted to 83 before grade derivation.
Capped from A to C. EV/EBIT over 30 means EBIT yield below ~3% - too expensive to qualify for Magic Formula What are deal-breaker caps?
Joel Greenblatt's Criteria, Applied to IDXX
EBIT/EV yield ≥ 10%
key3.1%
ROIC ≥ 25%
key40.7%
EV/EBIT ≤ 12
32.6x
Gross margin ≥ 30%
62.1%
How IDXX Scores on Other Strategies
Live Financial Snapshot
Market cap
$39.81B
P/E (TTM)
40.3x
ROIC (TTM)
40.66%
Gross margin
62.05%
Other Joel Greenblatt fit reports
Frequently Asked Questions
What is IDXX's Joel Greenblatt fit score?
IDXX scores 83/100 on our Joel Greenblatt fit engine - grade C. High-quality business at a cheap price - strong Magic Formula fit.
Does Joel Greenblatt actually own IDXX?
Our score is computed from financial fundamentals against Joel Greenblatt's published criteria. We don't claim that Joel Greenblatt personally owns or recommends IDXX.
How often is this score updated?
IDXX's Joel Greenblatt fit score is recomputed daily from the latest TTM financials. The page below shows when it was last refreshed.
Educational tool, not investment advice. Scores are computed from publicly-available financial data against published investing-strategy criteria. We do not claim that Joel Greenblatt personally owns or recommends IDXX.