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 18,260 - -
Change - -16.9% 13.83% 0.56% -32.61% 4.13% - -
Enterprise Value (EV) 1 30,496 25,274 27,633 28,915 20,366 20,932 20,406 19,766
Change - -17.12% 9.33% 4.64% -29.57% 2.78% -2.52% -3.13%
P/E 46.8x 30.6x 30.3x 31.8x 34.7x 29.9x 27x 24.8x
PBR 2.88x 2.34x 2.54x 2.6x 2.68x 2.92x 2.76x 2.61x
PEG - 1.1x 1.9x -11.04x -1.1x 1.1x 2.5x 2.76x
Capitalization / Revenue 5.21x 3.9x 4.27x 4.18x 4.22x 4.18x 4.02x 3.88x
EV / Revenue 5.8x 4.34x 4.56x 4.64x 4.9x 4.79x 4.5x 4.2x
EV / EBITDA 23.7x 16.7x 16.5x 16.4x 16.5x 15.9x 14.7x 13.5x
EV / EBIT 37.5x 25.6x 24.4x 24x 28.3x 24.8x 21.9x 20x
EV / FCF 33.5x 20.9x 22.2x 20.6x 20.8x 20.9x 20.1x 17.9x
FCF Yield 2.99% 4.78% 4.51% 4.86% 4.8% 4.79% 4.98% 5.58%
Dividend per Share 2 0.28 0.28 0.29 0.32 0.28 0.226 0.2688 0.2825
Rate of return 0.37% 0.44% 0.39% 0.43% 0.51% 0.37% 0.44% 0.47%
EPS 2 1.63 2.1 2.43 2.36 1.59 2.022 2.237 2.438
Distribution rate 17.2% 13.3% 11.9% 13.6% 17.6% 11.2% 12% 11.6%
Net sales 1 5,255 5,826 6,065 6,232 4,159 4,367 4,538 4,708
EBITDA 1 1,287 1,515 1,671 1,767 1,233 1,313 1,389 1,460
EBIT 1 812.8 987.4 1,134 1,207 720.2 843.3 930.3 986.5
Net income 1 573.9 755.2 865.8 832.9 532.7 617.9 677.4 738.9
Net Debt 1 3,140 2,542 1,757 2,894 2,830 2,672 2,146 1,506
Reference price 2 76.29 64.25 73.63 75.00 55.21 60.46 60.46 60.46
Nbr of stocks (in thousands) 358,578 353,808 351,434 346,949 317,612 302,017 - -
Announcement Date 2/3/22 A 2/1/23 A 1/31/24 A 2/7/25 A 2/4/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
32.46x5.53x20.27x0.78% 128B
27.55x5.08x17.69x2.19% 35.5B
22.88x1.96x14.06x2.05% 33.28B
31.57x4.19x15.85x0.11% 31.04B
21.67x3.66x11.56x1.49% 28.37B
22.49x3.26x14.05x1.04% 27.42B
24.88x3.03x13.05x1.51% 26.66B
99.08x35.73x81.72x0.37% 24.61B
26.35x3.31x16.18x1.71% 24.66B
Average 34.33x 7.31x 22.71x 1.25% 39.93B
Weighted average by Cap. 32.98x 6.45x 21.29x 1.15%

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

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  3. FTV Stock
  4. FTV * Stock
  5. Valuation Fortive Corporation