Company Valuation: Dover Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 26,148 19,005 21,517 25,737 26,778 28,583 - -
Change - -27.32% 13.21% 19.62% 4.04% 6.74% - -
Enterprise Value (EV) 1 28,887 22,303 24,561 26,822 28,429 29,699 29,015 28,486
Change - -22.79% 10.12% 9.21% 5.99% 4.47% -2.3% -1.82%
P/E 23.5x 18.2x 20.5x 9.65x 24.6x 23.4x 20.7x 19.1x
PBR 6.24x 4.51x 4.21x 3.72x 3.61x 3.57x 3.27x 3.01x
PEG - -4.4x 15.21x 0x -0.4x 1.6x 1.6x 2.23x
Capitalization / Revenue 3.31x 2.23x 2.55x 3.32x 3.31x 3.3x 3.16x 3.02x
EV / Revenue 3.65x 2.62x 2.91x 3.46x 3.51x 3.43x 3.2x 3.01x
EV / EBITDA 17.9x 13.5x 13.9x 16.1x 15.3x 14.8x 13.5x 12.5x
EV / EBIT 21.9x 16.6x 17.2x 17.6x 16.7x 16.2x 14.8x 13.2x
EV / FCF 30.6x 38.1x 21.5x 29.1x 25.4x 22.9x 19.6x 17.7x
FCF Yield 3.27% 2.62% 4.66% 3.43% 3.93% 4.37% 5.09% 5.66%
Dividend per Share 2 1.99 2.01 2.03 2.05 2.07 2.133 2.192 2.204
Rate of return 1.1% 1.48% 1.32% 1.09% 1.06% 1% 1.03% 1.04%
EPS 2 7.74 7.42 7.52 19.45 7.94 9.069 10.26 11.13
Distribution rate 25.7% 27.1% 27% 10.5% 26.1% 23.5% 21.4% 19.8%
Net sales 1 7,907 8,508 8,438 7,746 8,093 8,649 9,059 9,477
EBITDA 1 1,610 1,648 1,765 1,670 1,861 2,006 2,150 2,279
EBIT 1 1,320 1,340 1,430 1,524 1,703 1,832 1,964 2,154
Net income 1 1,124 1,065 1,057 2,697 1,094 1,231 1,369 1,463
Net Debt 1 2,739 3,297 3,044 1,085 1,651 1,116 431.4 -97.41
Reference price 2 181.60 135.41 153.81 187.60 195.24 212.26 212.26 212.26
Nbr of stocks (in thousands) 1,43,985 1,40,354 1,39,890 1,37,192 1,37,153 1,34,661 - -
Announcement Date 27/01/22 31/01/23 01/02/24 30/01/25 29/01/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.61x3.46x14.93x1% 2.88TCr
35.42x6.08x22.56x0.76% 12TCr
31.97x5.93x20.49x1.89% 3.94TCr
32.99x4.23x15.61x0.11% 3.09TCr
131.02x45.34x106.3x0.29% 3.08TCr
20.59x1.7x12.48x2.36% 2.93TCr
26.59x3.19x13.91x1.42% 2.89TCr
25.09x3.94x13.23x1.45% 2.82TCr
26.13x3.38x16.15x1.74% 2.42TCr
94.45x6.48x34.12x - 2.31TCr
Average 44.78x 8.37x 26.98x 1.22% 3.85TCr
Weighted average by Cap. 42.05x 8.01x 26.12x 1.11%

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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