Agilent Technologies Inc (A) is overvalued and Idexx Laboratories Inc (IDXX) is overvalued.
Both trade above our estimate of their intrinsic value. A is the closer of the two: -105%, against -108% for IDXX.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 10.5% (average of 3 methods) values the shares at $81.41; the price of $167.26 is 105% above that value, and 71% of that value comes from beyond year five.
Leak Score 55/100 on 10 of 12 signals
Discounting its cash flows at 11.8% (average of 3 methods) values the shares at $251.30; the price of $521.50 is 108% above that value, and 67% of that value comes from beyond year five.
Leak Score 76/100 on 10 of 12 signals
| Metric | A | IDXX |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $167.26 | $521.50 |
| Intrinsic value | $81.41 | $251.30 |
| Margin of safety | -105% | -108% |
| Leak Score | 55/100 (10/12) | 76/100 (10/12) |
| Market cap | $47.2B | $41.1B |
| Revenue growth, 5 years | 5.4% | 9.7% |
| Operating margin | 24.1% | 32.1% |
| Net margin | 19.5% | 25.0% |
| Return on equity | 21.0% | 74.2% |
| Debt to equity | 0.54 | 0.68 |
| P/E | 32.9x | 36.6x |
| Forward P/E | 24.8x | 31.1x |
| P/B | 6.4x | 25.5x |
| Dividend yield | 0.6% | — |