Company Valuation: Fortive Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 27,356 22,732 25,876 26,021 17,535 16,554 - -
Change - -16.9% 13.83% 0.56% -32.61% -5.6% - -
Enterprise Value (EV) 1 30,496 25,274 27,633 28,915 20,366 19,240 18,666 17,959
Change - -17.12% 9.33% 4.64% -29.57% -5.53% -2.98% -3.79%
P/E 46.8x 30.6x 30.3x 31.8x 34.7x 27.2x 24.5x 22.3x
PBR 2.88x 2.34x 2.54x 2.6x 2.68x 2.65x 2.51x 2.37x
PEG - 1.1x 1.9x -11.04x -1.1x 1x 2.2x 2.2x
Capitalization / Revenue 5.21x 3.9x 4.27x 4.18x 4.22x 3.79x 3.65x 3.51x
EV / Revenue 5.8x 4.34x 4.56x 4.64x 4.9x 4.41x 4.11x 3.81x
EV / EBITDA 23.7x 16.7x 16.5x 16.4x 16.5x 14.7x 13.5x 12.3x
EV / EBIT 37.5x 25.6x 24.4x 24x 28.3x 22.9x 20.1x 18x
EV / FCF 33.5x 20.9x 22.2x 20.6x 20.8x 19.3x 18.4x 16.4x
FCF Yield 2.99% 4.78% 4.51% 4.86% 4.8% 5.17% 5.43% 6.11%
Dividend per Share 2 0.28 0.28 0.29 0.32 0.28 0.26 0.274 0.294
Rate of return 0.37% 0.44% 0.39% 0.43% 0.51% 0.47% 0.5% 0.54%
EPS 2 1.63 2.1 2.43 2.36 1.59 2.013 2.234 2.461
Distribution rate 17.2% 13.3% 11.9% 13.6% 17.6% 12.9% 12.3% 11.9%
Net sales 1 5,255 5,826 6,065 6,232 4,159 4,368 4,539 4,713
EBITDA 1 1,287 1,515 1,671 1,767 1,233 1,309 1,386 1,457
EBIT 1 812.8 987.4 1,134 1,207 720.2 840.2 927.5 996.7
Net income 1 573.9 755.2 865.8 832.9 532.7 615.6 678.1 746.5
Net Debt 1 3,140 2,542 1,757 2,894 2,830 2,687 2,113 1,406
Reference price 2 76.29 64.25 73.63 75.00 55.21 54.81 54.81 54.81
Nbr of stocks (in thousands) 358,578 353,808 351,434 346,949 317,612 302,017 - -
Announcement Date 2/3/22 2/1/23 1/31/24 2/7/25 2/4/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
27.53x4.45x14.83x0.47% 16.73B
31.02x5.4x19.55x0.83% 122B
34.67x5.45x20.65x1.55% 96.9B
42.25x8.56x25.06x-.--% 61.4B
26.92x3.08x17.81x0.77% 58.81B
39.58x6.16x27.17x1.96% 57.33B
26.77x4.92x17.21x2.25% 34.98B
30.18x4.03x15.22x0.11% 29.67B
20.39x1.74x12.55x2.3% 29.67B
20.22x3.48x11.13x1.51% 28.14B
Average 29.95x 4.73x 18.12x 1.18% 53.6B
Weighted average by Cap. 31.84x 5.16x 19.64x 1.14%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. FTV Stock
  4. Valuation Fortive Corporation