Fortive Corp
NYSE:FTV

Watchlist Manager
Fortive Corp Logo
Fortive Corp
NYSE:FTV
Watchlist
Price: 74.06 USD -0.52%
Market Cap: 25.7B USD
Have any thoughts about
Fortive Corp?
Write Note

Relative Value

The Relative Value of one FTV stock under the Base Case scenario is 83.79 USD. Compared to the current market price of 74.06 USD, Fortive 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.

FTV Relative Value
Base Case
83.79 USD
Undervaluation 12%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
63
vs Industry
14
Median 3Y
4.1
Median 5Y
4.4
Industry
1.6
Forward
4.1
vs History
66
vs Industry
22
Median 3Y
31
Median 5Y
30.4
Industry
20.7
Forward
19
vs History
58
vs Industry
28
Median 3Y
19.1
Median 5Y
18.3
Industry
14.8
vs History
63
vs Industry
39
Median 3Y
13.3
Median 5Y
11.9
Industry
21.3
vs History
61
vs Industry
27
Median 3Y
2.4
Median 5Y
2.6
Industry
1.8
vs History
60
vs Industry
12
Median 3Y
4.5
Median 5Y
4.8
Industry
1.7
Forward
4.5
vs History
71
vs Industry
31
Median 3Y
7.7
Median 5Y
8.3
Industry
6.2
vs History
84
vs Industry
24
Median 3Y
17.8
Median 5Y
19.2
Industry
12.4
Forward
15.7
vs History
87
vs Industry
19
Median 3Y
25.6
Median 5Y
28.5
Industry
16
Forward
21.2
vs History
53
vs Industry
25
Median 3Y
20.5
Median 5Y
19.7
Industry
14.8
vs History
55
vs Industry
23
Median 3Y
22.3
Median 5Y
21.5
Industry
18.1
vs History
42
vs Industry
28
Median 3Y
1.8
Median 5Y
1.8
Industry
1.4

Multiples Across Competitors

FTV Competitors Multiples
Fortive Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Fortive Corp
NYSE:FTV
25.6B USD 4.1 28.8 16.6 24
US
Parker-Hannifin Corp
NYSE:PH
82.7B USD 4.1 28.6 18 22.1
US
Illinois Tool Works Inc
NYSE:ITW
76.7B USD 4.8 22.1 17.8 19.5
SE
Atlas Copco AB
STO:ATCO A
825.8B SEK 4.7 28.6 18.4 22.6
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
7.5T JPY 1.5 31.6 14.7 21.5
US
Otis Worldwide Corp
NYSE:OTIS
37.2B USD 2.6 22.8 18.9 20.5
US
Ingersoll Rand Inc
NYSE:IR
36.9B USD 5.2 44 21.2 28.3
CH
Schindler Holding AG
SIX:SCHP
26.8B CHF 2.4 44 19.4 26.8
US
Xylem Inc
NYSE:XYL
28.5B USD 3.4 34.3 17.2 25.4
US
Dover Corp
NYSE:DOV
25.8B USD 3.1 16.5 16.6 20.5
FI
Kone Oyj
OMXH:KNEBV
24.3B EUR 2.2 24.6 14.9 18.3
P/E Multiple
Earnings Growth P/E to Growth
US
Fortive Corp
NYSE:FTV
Average P/E: 29.6
28.8
84%
0.3
US
Parker-Hannifin Corp
NYSE:PH
28.6
50%
0.6
US
Illinois Tool Works Inc
NYSE:ITW
22.1
16%
1.3
SE
Atlas Copco AB
STO:ATCO A
28.6
23%
1.3
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
31.6
63%
0.5
US
Otis Worldwide Corp
NYSE:OTIS
22.8
31%
0.7
US
Ingersoll Rand Inc
NYSE:IR
44
108%
0.4
CH
Schindler Holding AG
SIX:SCHP
44
75%
0.6
US
Xylem Inc
NYSE:XYL
34.3
113%
0.3
US
Dover Corp
NYSE:DOV
16.5
35%
0.5
FI
K
Kone Oyj
OMXH:KNEBV
24.6
34%
0.7
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Fortive Corp
NYSE:FTV
Average EV/EBITDA: 17.6
16.6
30%
0.6
US
Parker-Hannifin Corp
NYSE:PH
18
28%
0.7
US
Illinois Tool Works Inc
NYSE:ITW
17.8
15%
1.2
SE
Atlas Copco AB
STO:ATCO A
18.4
16%
1.1
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
14.7
64%
0.2
US
Otis Worldwide Corp
NYSE:OTIS
18.9
21%
0.9
US
Ingersoll Rand Inc
NYSE:IR
21.2
43%
0.5
CH
Schindler Holding AG
SIX:SCHP
19.4
43%
0.5
US
Xylem Inc
NYSE:XYL
17.2
74%
0.2
US
Dover Corp
NYSE:DOV
16.6
16%
1
FI
K
Kone Oyj
OMXH:KNEBV
14.9
26%
0.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Fortive Corp
NYSE:FTV
Average EV/EBIT: 22.7
24
46%
0.5
US
Parker-Hannifin Corp
NYSE:PH
22.1
36%
0.6
US
Illinois Tool Works Inc
NYSE:ITW
19.5
15%
1.3
SE
Atlas Copco AB
STO:ATCO A
22.6
18%
1.3
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
21.5
N/A N/A
US
Otis Worldwide Corp
NYSE:OTIS
20.5
21%
1
US
Ingersoll Rand Inc
NYSE:IR
28.3
72%
0.4
CH
Schindler Holding AG
SIX:SCHP
26.8
62%
0.4
US
Xylem Inc
NYSE:XYL
25.4
108%
0.2
US
Dover Corp
NYSE:DOV
20.5
22%
0.9
FI
K
Kone Oyj
OMXH:KNEBV
18.3
28%
0.7

See Also

Discover More
Back to Top