Fortive Corporation (FTV)
Total Valuation
Fortive has a market cap or net worth of $20.17 billion. The enterprise value is $23.23 billion.
Market Cap | 20.17B |
Enterprise Value | 23.23B |
Important Dates
The next earnings date is Thursday, August 4, 2022, after market close.
Estimated Earnings Date | Aug 4, 2022 |
Ex-Dividend Date | May 26, 2022 |
Share Statistics
Fortive has 358.45 million shares outstanding. The number of shares has increased by 6.11% in one year.
Shares Outstanding | 358.45M |
Shares Change (YoY) | +6.11% |
Shares Change (QoQ) | +0.03% |
Owned by Insiders (%) | 1.45% |
Owned by Institutions (%) | 101.74% |
Float | 349.12M |
Valuation Ratios
The trailing PE ratio is 30.92 and the forward PE ratio is 17.45. Fortive's PEG ratio is 1.52.
PE Ratio | 30.92 |
Forward PE | 17.45 |
PS Ratio | 3.76 |
PB Ratio | 2.11 |
P/FCF Ratio | 20.69 |
PEG Ratio | 1.52 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 18.49, with a EV/FCF ratio of 23.82.
EV / Earnings | 35.95 |
EV / Sales | 4.32 |
EV / EBITDA | 18.49 |
EV / EBIT | 27.67 |
EV / FCF | 23.82 |
Financial Position
The company has a current ratio of 0.96, with a Debt / Equity ratio of 0.39.
Current Ratio | 0.96 |
Quick Ratio | 0.63 |
Debt / Equity | 0.39 |
Debt / EBITDA | 2.98 |
Debt / FCF | 3.83 |
Financial Efficiency
Return on equity (ROE) is 6.90%, which is not very high. The company has a high ROIC of 28.00%.
Return on Equity (ROE) | 6.90% |
Return on Assets (ROA) | 4.20% |
Return on Capital (ROIC) | 28.00% |
Revenue Per Employee | $298,444 |
Profits Per Employee | $35,894 |
Employee Count | 18,000 |
Asset Turnover | 0.35 |
Inventory Turnover | 4.48 |
Taxes
In the past 12 months, Fortive has paid $82.00 million in taxes.
Income Tax | 82.00M |
Effective Tax Rate | 11.26% |
Stock Price Statistics
The stock price has decreased by -19.78% in the last 52 weeks. The beta is 1.15, so Fortive's price volatility has been higher than the market average.
Beta (1Y) | 1.15 |
52-Week Price Change | -19.78% |
50-Day Moving Average | 58.72 |
200-Day Moving Average | 63.82 |
Average Volume (30 Days) | 2,761,248 |
Short Selling Information
The latest short interest is 4.11 million, so 1.15% of the outstanding shares have been sold short.
Short Interest | 4.11M |
Short % of Shares Out | 1.15% |
Short % of Float | 1.18% |
Short Ratio (days to cover) | 1.31 |
Income Statement
In the last 12 months, Fortive had revenue of $5.37 billion and earned 646.10 million in profits. Earnings per share was $1.82.
Revenue | 5.37B |
Gross Profit | 3.09B |
Operating Income | 827.50M |
Pretax Income | 745.30M |
Net Income | 663.30M |
Net Income Common | 646.10M |
EBITDA | 1.26B |
EBIT | 839.60M |
Earnings Per Share (EPS) | $1.82 |
Balance Sheet
The company has $684.30 million in cash and $3.74 billion in debt, giving a net cash position of -$3.05 billion or -$8.52 per share.
Cash & Cash Equivalents | 684.30M |
Total Debt | 3.74B |
Net Cash | -3.05B |
Net Cash Per Share | -$8.52 |
Book Value | 9.56B |
Book Value Per Share | 26.67 |
Working Capital | -113.90M |
Cash Flow
In the last 12 months, operating cash flow was $1.03 billion and capital expenditures -$55.90 million, giving a free cash flow of $975.20 million.
Operating Cash Flow | 1.03B |
Capital Expenditures | -55.90M |
Free Cash Flow | 975.20M |
FCF Per Share | $2.72 |
Margins
Gross margin is 57.47%, with operating and profit margins of 15.40% and 12.03%.
Gross Margin | 57.47% |
Operating Margin | 15.40% |
Pretax Margin | 13.87% |
Profit Margin | 12.03% |
EBITDA Margin | 23.38% |
EBIT Margin | 15.63% |
FCF Margin | 18.15% |
Dividends & Yields
This stock pays an annual dividend of $0.28, which amounts to a dividend yield of 0.50%.
Dividend Per Share | $0.28 |
Dividend Yield | 0.50% |
Earnings Yield | 3.20% |
FCF Yield | 4.83% |
Dividend Growth (YoY) | 0.00% |
Payout Ratio | 15.40% |
Buyback Yield | -7.81% |
Shareholder Yield | -7.32% |
Analyst Forecast
The average price target for Fortive is $78.26, which is 39.05% higher than the current price. The consensus rating is "Buy".
Price Target | $78.26 |
Price Target Difference | 39.05% |
Analyst Consensus | Buy |
Analyst Count | 26 |
Stock Splits
The last stock split was on October 9, 2020. It was a forward split with a ratio of 1195:1000.
Last Split Date | Oct 9, 2020 |
Split Type | Forward |
Split Ratio | 1195:1000 |