Dover Corp
NYSE:DOV

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Dover Corp
NYSE:DOV
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Price: 161.085 USD -2.88%
Market Cap: 22.1B USD

Relative Value

The Relative Value of one DOV stock under the Base Case scenario is 183.154 USD. Compared to the current market price of 161.085 USD, Dover Corp is Undervalued by 12%.

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.

DOV Relative Value
Base Case
183.154 USD
Undervaluation 12%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
26
vs Industry
23
Median 3Y
2.7
Median 5Y
2.6
Industry
1.5
Forward
2.7
vs History
98
vs Industry
60
Median 3Y
17
Median 5Y
19.2
Industry
19.5
Forward
17.2
vs History
6
vs Industry
17
Median 3Y
19.9
Median 5Y
19.2
Industry
14.2
vs History
6
vs Industry
0
Median 3Y
21.8
Median 5Y
22.5
Industry
20
vs History
98
vs Industry
20
Median 3Y
4.4
Median 5Y
4.6
Industry
1.7
vs History
44
vs Industry
22
Median 3Y
3
Median 5Y
3
Industry
1.6
Forward
2.9
vs History
50
vs Industry
32
Median 3Y
8
Median 5Y
8
Industry
5.8
vs History
55
vs Industry
29
Median 3Y
14.8
Median 5Y
15.2
Industry
11.7
Forward
8
vs History
50
vs Industry
28
Median 3Y
18.2
Median 5Y
18.8
Industry
15.3
Forward
14.8
vs History
6
vs Industry
15
Median 3Y
22.7
Median 5Y
21.5
Industry
14.2
vs History
7
vs Industry
12
Median 3Y
28.2
Median 5Y
25.4
Industry
17.2
vs History
20
vs Industry
16
Median 3Y
2.6
Median 5Y
2.6
Industry
1.3

Multiples Across Competitors

DOV Competitors Multiples
Dover Corp Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Dover Corp
NYSE:DOV
22.1B USD 2.9 8.2 14.4 18.2
JP
Ishii Iron Works Co Ltd
TSE:6362
304.2T JPY 28 119.8 363 670.8 171 820.3 210 169.2
US
Parker-Hannifin Corp
NYSE:PH
76.8B USD 3.9 24.3 16.8 20.6
US
Illinois Tool Works Inc
NYSE:ITW
69.1B USD 4.3 19.8 16.1 17.6
SE
Atlas Copco AB
STO:ATCO A
727.7B SEK 4.1 24.5 15.8 19.4
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
8.4T JPY 1.7 32.9 16.3 23.9
US
Otis Worldwide Corp
NYSE:OTIS
37.5B USD 2.6 22.8 18.9 20.6
CH
Schindler Holding AG
SIX:SCHP
27.6B CHF 2.4 45.2 19.9 27.6
US
Ingersoll Rand Inc
NYSE:IR
29.5B USD 4.1 35.2 16.9 22.5
FI
Kone Oyj
OMXH:KNEBV
25.1B EUR 2.3 26.4 15 18.4
US
Xylem Inc
NYSE:XYL
26.9B USD 3.1 30.2 17 25.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Dover Corp
NYSE:DOV
Average EV/EBITDA: 15 635.2
14.4
9%
1.6
JP
I
Ishii Iron Works Co Ltd
TSE:6362
171 820.3
N/A N/A
US
Parker-Hannifin Corp
NYSE:PH
16.8
8%
2.1
US
Illinois Tool Works Inc
NYSE:ITW
16.1
3%
5.4
SE
Atlas Copco AB
STO:ATCO A
15.8
7%
2.3
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
16.3
19%
0.9
US
Otis Worldwide Corp
NYSE:OTIS
18.9
11%
1.7
CH
Schindler Holding AG
SIX:SCHP
19.9
13%
1.5
US
Ingersoll Rand Inc
NYSE:IR
16.9
9%
1.9
FI
K
Kone Oyj
OMXH:KNEBV
15
10%
1.5
US
Xylem Inc
NYSE:XYL
17
12%
1.4
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Dover Corp
NYSE:DOV
Average EV/EBIT: 19 125.8
18.2
11%
1.7
JP
I
Ishii Iron Works Co Ltd
TSE:6362
210 169.2
N/A N/A
US
Parker-Hannifin Corp
NYSE:PH
20.6
13%
1.6
US
Illinois Tool Works Inc
NYSE:ITW
17.6
4%
4.4
SE
Atlas Copco AB
STO:ATCO A
19.4
8%
2.4
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
23.9
N/A N/A
US
Otis Worldwide Corp
NYSE:OTIS
20.6
12%
1.7
CH
Schindler Holding AG
SIX:SCHP
27.6
18%
1.5
US
Ingersoll Rand Inc
NYSE:IR
22.5
16%
1.4
FI
K
Kone Oyj
OMXH:KNEBV
18.4
11%
1.7
US
Xylem Inc
NYSE:XYL
25.9
18%
1.4