Ratings Fortive Corporation

Equities

Market Closed - Nyse Other stock markets 01:30:02 14/09/2024 am IST			5-day change	1st Jan Change
73.60 ^USD	+0.38%		+4.15%	-0.04%

12/09	Fortive Seeks M&A	CI
12/09	Transcript : Fortive Corporation Presents at Morgan Stanley?s 12th Annual Laguna Conference 2024, Sep-12-2024 10:30 AM

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.

The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
The company returns high margins, thereby supporting business profitability.
Predictions on business development from analysts polled by Standard & Poor's are tight. This results from either a good visibility into core activities or accurate earnings releases.
The group usually releases upbeat results with huge surprise rates.

With a 2024 P/E ratio at 27.88 times the estimated earnings, the company operates at rather significant levels of earnings multiples.
The company's enterprise value to sales, at 4.53 times its current sales, is high.
The company is not the most generous with respect to shareholders' compensation.
For the last four months, the sales outlook for the coming years has been revised downwards. No recovery of the group's activities is yet foreseen.

Source: Surperformance

Source: Refinitiv

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Composite Fundamentals	Composite Valuation	Composite Momentum	Capi. ($)
	FORTIVE CORPORATION				25.79B
	ATLAS COPCO AB				82.7B
	PARKER-HANNIFIN CORPORATION				76.04B
	INGERSOLL RAND INC.				36.73B
	XYLEM INC.				31.78B
	FANUC CORPORATION				25.97B
	DOVER CORPORATION				25.44B
	SANDVIK AB				25.33B
	TECHTRONIC INDUSTRIES CO. LTD.				24.67B
	ALFA LAVAL AB				18.76B
	Average				37.32B
	Weighted average by Cap.