F

Fortrea Holdings Inc
NASDAQ:FTRE

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Fortrea Holdings Inc
NASDAQ:FTRE
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Price: 19.17 USD 2.24% Market Closed
Market Cap: 1.7B USD
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Relative Value

The Relative Value of one FTRE stock under the Base Case scenario is 58.39 USD. Compared to the current market price of 19.17 USD, Fortrea Holdings Inc is Undervalued by 67%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

FTRE Relative Value
Base Case
58.39 USD
Undervaluation 67%
Relative Value
Price
F
Worst Case
Base Case
Best Case

Valuation Multiples

0.6
P/S
P/S
Price to Sales
0.6
vs History
57
vs Industry
88
Median 3Y
0.7
Median 5Y
0.7
Industry
4.1
Forward
0.6
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
37
Median 3Y
-6
Median 5Y
-6
Industry
32.7
Forward
36.1
More Details
6.7
P/OCF
P/OCF
Price to OCF
6.7
vs History
84
vs Industry
34
Median 3Y
10.4
Median 5Y
10.4
Industry
22.1
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
35
Median 3Y
1.6
Median 5Y
1.6
Industry
33.6
More Details
1.1
P/B
P/B
Price to Book Value
1.1
vs History
84
vs Industry
62
Median 3Y
1.5
Median 5Y
1.5
Industry
2.6
More Details
1
EV/S
EV/S
Enterprise Value to Sales
1
vs History
52
vs Industry
79
Median 3Y
1
Median 5Y
1
Industry
3.9
Forward
1
More Details
5.3
EV/GP
EV/GP
Enterprise Value to Gross Profit
5.3
vs History
52
vs Industry
47
Median 3Y
5.5
Median 5Y
5.5
Industry
8.6
More Details
883.5
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
883.5
vs History
5
vs Industry
13
Median 3Y
28.2
Median 5Y
28.2
Industry
18.5
Forward
12.1
More Details
Negative
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
N/A
vs History
vs Industry
2
Median 3Y
11.1
Median 5Y
11.1
Industry
23.7
Forward
15.2
More Details
10.6
EV/OCF
EV/OCF
Enterprise Value to OCF
10.6
vs History
84
vs Industry
20
Median 3Y
16.5
Median 5Y
16.5
Industry
21.4
More Details
12.4
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
12.4
vs History
84
vs Industry
16
Median 3Y
25.4
Median 5Y
25.4
Industry
28.8
More Details
0.8
EV/IC
EV/IC
Enterprise Value to IC
0.8
vs History
84
vs Industry
67
Median 3Y
1
Median 5Y
1
Industry
2.4
More Details

Multiples Across Competitors

FTRE Competitors Multiples
Fortrea Holdings Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Fortrea Holdings Inc
NASDAQ:FTRE
1.7B USD 0.6 -5.7 883.5 -31.5
US
PerkinElmer Inc
LSE:0KHE
1.2T USD 455.6 4 876 1 530.4 3 279.1
US
Thermo Fisher Scientific Inc
NYSE:TMO
201.6B USD 4.8 32.9 21.3 30.5
US
Danaher Corp
NYSE:DHR
167B USD 7.9 42.9 26.9 40.5
KR
Samsung Biologics Co Ltd
KRX:207940
66.5T KRW 15.2 63.2 34.2 49.2
CH
Lonza Group AG
SIX:LONN
38.9B CHF 5.8 67.6 45.8 45.6
US
Agilent Technologies Inc
NYSE:A
38.7B USD 6 30.1 22.4 26.1
US
IQVIA Holdings Inc
NYSE:IQV
36.4B USD 2.4 25.9 14.3 21.7
US
Mettler-Toledo International Inc
NYSE:MTD
27B USD 7.2 33.9 24.3 27.1
US
West Pharmaceutical Services Inc
NYSE:WST
24.2B USD 8.4 48.4 32.4 40.8
US
Waters Corp
NYSE:WAT
22.4B USD 7.7 35.9 22.9 28.1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
F
Fortrea Holdings Inc
NASDAQ:FTRE
Average EV/EBIT: 358.9
Negative Multiple: -31.5
228%
N/A
US
P
PerkinElmer Inc
LSE:0KHE
3 279.1
130%
25.3
US
Thermo Fisher Scientific Inc
NYSE:TMO
30.5
57%
0.5
US
Danaher Corp
NYSE:DHR
40.5
59%
0.7
KR
Samsung Biologics Co Ltd
KRX:207940
49.2
76%
0.6
CH
Lonza Group AG
SIX:LONN
45.6
37%
1.2
US
Agilent Technologies Inc
NYSE:A
26.1
42%
0.6
US
IQVIA Holdings Inc
NYSE:IQV
21.7
70%
0.3
US
Mettler-Toledo International Inc
NYSE:MTD
27.1
22%
1.3
US
West Pharmaceutical Services Inc
NYSE:WST
40.8
13%
3.2
US
Waters Corp
NYSE:WAT
28.1
23%
1.2

See Also

Summary
FTRE intrinsic value, competitors valuation, and company profile.
DCF Valuation
FTRE stock valuation using Discount Cash Flow valuation method.
Relative Valuation
FTRE stock valuation using valuation multiples.
Wall Street Estimates
FTRE price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
FTRE stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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