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About The Company

CEO

Mr. James A. Lico

Market Cap

28.18 Billion USD

Sector

Technology

Website

https://www.fortive.com

Last Update

2/22/2024, 12:00:00 PM

Description

Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide.

Read More

Overview

Value

32

Growth

64

Health

55

Management

48

Analyst Opinion

74

Total

55

All Scores Out Of 100

Best Features

  • Very strong cashflow and earnings growth
  • Has a low level of debt
  • Low risk of bankruptcy
  • Liked by analysts
  • Low preportion of income is paid as dividend

Risk Factors

  • Earnings growth has slowed down recently
  • There is a history of diluting shareholders
  • Disliked by Twitter users
  • Price-to-earnings ratio of 34.4 is higher than the market average (19.6x)

Market Peers

FTV

Key Figures

PE Ratio (TTM)

34.38

Margin Of Safety (DCF)

9.76%

Revenue Growth (5 Year Average)

12.77%

Ratings Consensus

Buy

Share Buybacks

-0.09%

Dividend Yeild (TTM)

0.34%

Valuation

Value Score

32

  • Estimated intrinsic-value of 92.45 USD is higher than current price ( 80.20 USD)
  • Price-to-earnings ratio of 34.4 is higher than the market average (19.6x)
  • Free-cashflow-yeild of 4.21% is worse than the market average (4.7%)
  • Margin-of-safety of 9.76% is worse than the market average (17.95%)

Desired Margin Of Safety

0%

Tip: Set your desired Margin Of Safety

Free Cash Flow Type

Annual Cashflow Growth

0%

Discount Rate

0%

Buy Target: < 65.8 USD

Current Price: 84.2 USD

How Does This Work?

Show Advanced Options

This calculator helps investors estimate the Intrinsic Value of a company based on the current value of future cash flows. To use the tool, simply input a desired Margin Of Safety, which is an additional discount applied to the present value of the expected future cash flows. The tool calculates the present value using a discount rate that reflects the risk and time value of money, and provides an estimated target price for the company based on the selected margin of safety. The calculator defaults to using 5 Year Free Cash Flow Growth % and a discount rate based on the US 10-year treasury bond coupon rate. Use our performance analyser to get a feel the impact this has on longterm investment returns and discover a margin of safety you are comfortable with. This can be a useful tool for investors looking to make informed decisions about whether to buy or sell shares of a particular company.

Price/Earnings

34.38x

Free Cashflow Yeild

4.21%

PE/Earnings Growth

1.08

Price/Book

2.87x

Growth

Growth Score

64

  • 5 Year Average Revenue growth of 12.77% is higher than the market average (10.97%)
  • 5 Year Average Earnings growth of 21.55% is higher than the market average (14.48%)
  • 5 Year Average Cashflow growth of 15.59% is higher than the market average (12.35%)
  • Revenue growth has slowed this year
  • Earnings growth has slowed this year
  • Free Cashflow growth has slowed this year

Revenue Growth

12.77%

Earnings Growth

21.55%

Cashflow Growth

15.59%

Health

Health Score

55

  • Low risk of bankruptcy
  • Has a low level of debt
  • Assets cover liabilities
  • Debt repayments do not significantly impact cashflow
  • Requires debt for normal operation to be sustainable

Altman Z Score

3.97

Piostroski Score

6.00

Debt/Equity

0.35x

Current Assets/Liabilities

1.02x

Free Cashflow/Total Debt

0.35x

Debt/Capital

1.38x

Dividend

Secure Dividend Score

70

  • Dividend is likely safe
  • Long term dividend payout ratio of 13.48% is considered good
  • Payout ratio (TTM) of 11.78% is lower than the average (40%)
  • Dividends have shown growth over the last 5 years
  • Spending a lower percentage of their income on dividends than last 5 years
  • Dividend yeild of 0.34% is less than the market average (1.85%)
  • Dividend growth has been slowing recently

Dividend Yeild

0.34%

Dividend Growth

-16.95%

Payout Ratio (Earnings)

11.78%

Payout Ratio (Cashflow)

8.19%

Management

Management Score

48

  • Has issued new shares to finance growth when share price is high
  • Has returned higher dividends when earnings have risen
  • Return-on-capital-employed of 10.32% is higher than the market average (10%)
  • Has a history of diluting shareholders to finance activity
  • Return-on-equity of 7.84% is lower than the market average (15%)

Average Buybacks/Dilution

-0.09%

Recent Buybacks/Dilution

0.68%

5 Year Price Volitility

10.27%

Return On Assets

4.78%

Return On Capital Employed

10.32%

Return On Equity

7.84%

Return On Free Cashflow

N/A

Return On Investments

N/A

Social Sentiment

Social Sentiment Score

0

Twitter Sentiment

N/A

Stocktwits Sentiment

N/A

Analysts

Analyst Opinion

74

  • Ratings consensus is Buy

SEC Filings

Find yearly (10-K), quaterly (10-Q) and disclosure (8-K) report here, on the Securities and Exchange Commission's EDGAR database. If reading through reports isn't your cup of tea, don't worry. We've made it easy for you by summarizing all the important bits.

Other Information

Company Name

Fortive Corporation

Currency

USD

Beta

1.19433

Vol Avg

2090200

Ceo

Mr. James A. Lico

Cik

0001659166

Cusip

34959J108

Exchange

New York Stock Exchange

Full Time Employees

18000

Industry

Scientific & Technical Instruments

Sector

Technology

Ipo Date

2016-07-05

Address

6920 Seaway Boulevard

City

Everett

State

WA

Country

US

Zip

98203

Phone

425 446 5000

Analysis Last Updated

2/22/2024, 12:00:00 PM

All financial data provided by FMP

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