NYSE
FTV
Last Price
US $60.68
KEY FIGURES
MKT CAP
$18.5B
EPS
TTM
$1.76
PEG
TTM
N/M
P/E
TTM
34.55x
P/S
TTM
3.97x
YIELD
0.40%
GROWTH
Revenue Y/Y
Profit margin
Current Ratio
Capital Returns
7.39%
Return on equity
ROIC: 7.29%
Valuation History
36.8X
Price to Earnings
EV/EBITDA: 18.1X
Cash flow
Profit margin
2.10%
(FY vs FY)
EBITDA Y/Y
-10.06%
(FY vs FY)
Cash flow Y/Y
-6.39%
(FY vs FY)
Cash Flow (DCF)
Fair Value
Market $60.68
-69.76%
Default assumptions
EBITDA Multiple
Fair Value
Market $60.68
-71.08%
Default assumptions
Base valuations use default assumptions. Customize in the Valuator.
Valuation
Financial
Performance
Financial stability - Cash flow debt coverage.
Fortive Corporation cash flow to debt ratio of 33.79% indicates that the company generates enough cash to cover its debts. This level indicates strong financial health.
Financial risk - Healthy cash flow growth.
Fortive Corporation's free cash flow has decreased -30.45% from $1.41G last year to $978.10M, signaling decreasing performance
Financial stability - Healthy debt to equity ratio.
Fortive Corporation's debt to equity ratio is 0.57, which means that the company's assets are healthy financed, signaling financial stability. READ MORE: A ratio under 0.60 means the company finances its assets with own equity, signaling financial stability and good management.
Financial risk - Healthy debt to equity ratio development.
Fortive Corporation's debt has increased relative to shareholder equity from 0.38 last year to 0.57 today, signaling weakened financials
Financial stability - Net debt/EBITDA.
Fortive Corporation has a net debt to EBITDA ratio of 2.36x, which is below the 3.00x threshold, indicating healthy leverage and financial stability
Financial stability - ICR.
Fortive Corporation's interest coverage ratio of 6.99 indicates that earnings with good margin can cover interest payments on company debt
Financial risk - Profit margin growth.
Fortive Corporation's profit margin has decreased (-14.14%) in the last year from 13.37% to 11.48%, signaling decreasing performance
Financial risk - Short term assets vs short term liabilities.
Fortive Corporation's short-term liabilities of $2.25G exceed its short-term assets of $1.61G, signaling financial risk
Decreasing performance - ROA.
Fortive Corporation's return on assets of 4.69% is lower than the 5.00% threshold, indicating inefficient asset utilization
Decreasing performance - Absolute return on equity.
Fortive Corporation's return on equity of 7.39%, is lower than 15.00%, indicating bad performance
Increasing performance - Earnings quality.
Fortive Corporation's operating cash flow exceeds its net income, indicating high-quality earnings backed by actual cash generation
Increasing performance - Earnings stability.
Fortive Corporation had positive net income in 5.00 out of 5 years, indicating stable and consistent earnings
Increasing performance - Free cash flow.
Fortive Corporation has positive free cash flow, indicating the company generates cash after capital expenditures
Increasing performance - FCF yield.
Fortive Corporation has a free cash flow yield of 5.29%, which is above the 2.00% threshold, indicating strong cash generation relative to market value
Decreasing performance - Healthy earnings growth.
Fortive Corporation's yearly earnings has decreased -30.46% since last year from $832.90M to $579.20M, signaling decreasing performance
Decreasing performance - Healthy revenue growth.
Fortive Corporation's yearly revenue has decreased -17.48% since last year from $6.23G to $5.14G, signaling decreasing performance
Increasing performance - ROIC.
ROIC 7.29% (Source: FMP key-metrics). In the 5–10% partial-credit band. Score: 1 of 2. This band sits within the typical US weighted-average cost of capital range. Methodology choice can change the conclusion: under FMP's invested-capital definition the company is at or near its cost of capital; under narrower operating-capital definitions the same company may score higher. Invested capital here includes equity, non-current liabilities, and short-term debt. Cash is not subtracted. See methodology.
Decreasing performance - 3-year revenue CAGR.
Fortive Corporation's 3-year revenue CAGR of -4.07% is negative, indicating declining revenue over the past 3 years
Increasing performance - Revenue consistency.
Fortive Corporation had revenue growth in 4.00 out of 5 years, indicating consistent revenue performance
Increasing performance - ROE consistency.
Fortive Corporation had positive ROE in 5.00 out of 5 years, indicating consistent and reliable returns on equity
Overvalued - DCF valuation.
Fortive Corporation is overvalued relative to its fair value price of 18.35 based on Discounted Cash Flow model
Overvalued - Earnings yield.
Fortive Corporation has an earnings yield of 2.89%, which is below the 4.00% threshold, indicating the stock may be expensive relative to its earnings
Overvalued - EBITDA valuation.
Fortive Corporation is overvalued relative to its fair value price of 17.55 based on EBITDA multiple model
Undervalued - EV/EBITDA.
Fortive Corporation has an EV/EBITDA ratio of 17.77x, which is below the 20.00x threshold, indicating reasonable valuation relative to its operating earnings
Overvalued - PEG ratio value.
Fortive Corporation has no meaningful EPS growth rate; PEG ratio cannot be computed.
Undervalued - P/B ratio.
Fortive Corporation has a price-to-book ratio of 3.09x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value
Undervalued - P/S ratio.
Fortive Corporation has a price-to-sales ratio of 3.97x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue