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 17,197 - -
Change - -16.9% 13.83% 0.56% -32.61% -1.93% - -
Enterprise Value (EV) 1 30,496 25,274 27,633 28,915 20,366 19,869 19,343 18,703
Change - -17.12% 9.33% 4.64% -29.57% -2.44% -2.65% -3.3%
P/E 46.8x 30.6x 30.3x 31.8x 34.7x 28.2x 25.5x 23.4x
PBR 2.88x 2.34x 2.54x 2.6x 2.68x 2.75x 2.6x 2.46x
PEG - 1.1x 1.9x -11.04x -1.1x 1x 2.4x 2.61x
Capitalization / Revenue 5.21x 3.9x 4.27x 4.18x 4.22x 3.94x 3.79x 3.65x
EV / Revenue 5.8x 4.34x 4.56x 4.64x 4.9x 4.55x 4.26x 3.97x
EV / EBITDA 23.7x 16.7x 16.5x 16.4x 16.5x 15.1x 13.9x 12.8x
EV / EBIT 37.5x 25.6x 24.4x 24x 28.3x 23.6x 20.8x 19x
EV / FCF 33.5x 20.9x 22.2x 20.6x 20.8x 19.8x 19x 17x
FCF Yield 2.99% 4.78% 4.51% 4.86% 4.8% 5.04% 5.25% 5.89%
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% 0.4% 0.47% 0.5%
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 56.94 56.94 56.94
Nbr of stocks (in thousands) 3,58,578 3,53,808 3,51,434 3,46,949 3,17,612 3,02,017 - -
Announcement Date 03/02/22 01/02/23 31/01/24 07/02/25 04/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
28.16x4.55x15.14x0.4% 1.72TCr
30.81x5.27x19.16x0.85% 12TCr
26.82x4.93x17.28x2.24% 3.55TCr
21.61x1.85x13.33x2.17% 3.14TCr
30.13x4.02x15.19x0.11% 2.96TCr
19.55x3.3x10.63x1.58% 2.7TCr
21.3x3.09x13.33x1.1% 2.6TCr
23.03x2.82x12.15x1.64% 2.47TCr
90.47x34.14x74.44x0.42% 2.36TCr
25.88x3.25x15.9x1.75% 2.4TCr
Average 31.77x 6.72x 20.65x 1.22% 3.6TCr
Weighted average by Cap. 30.94x 6.08x 19.81x 1.18%

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