FORTIVE CORP (FTV) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FTV - US34959J1088 - Common Stock
54.68 USD
-0.83 (-1.5%)
54.68 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to FTV. FTV was compared to 132 industry peers in the Machinery industry. While FTV has a great profitability rating, there are some minor concerns on its financial health. FTV has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- In the past year FTV was profitable.
- FTV had a positive operating cash flow in the past year.
- Each year in the past 5 years FTV has been profitable.
- In the past 5 years FTV always reported a positive cash flow from operatings.
1.2 Ratios
- Looking at the Return On Assets, with a value of 5.07%, FTV is in the better half of the industry, outperforming 61.36% of the companies in the same industry.
- FTV's Return On Equity of 9.26% is in line compared to the rest of the industry. FTV outperforms 59.09% of its industry peers.
- With a decent Return On Invested Capital value of 8.52%, FTV is doing good in the industry, outperforming 62.12% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for FTV is below the industry average of 10.25%.
- The last Return On Invested Capital (8.52%) for FTV is above the 3 year average (6.67%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.07% | ||
| ROE | 9.26% | ||
| ROIC | 8.52% |
ROA(3y)4.92%
ROA(5y)5.57%
ROE(3y)8.12%
ROE(5y)9.53%
ROIC(3y)6.67%
ROIC(5y)5.86%
1.3 Margins
- The Profit Margin of FTV (10.68%) is better than 75.76% of its industry peers.
- FTV's Profit Margin has declined in the last couple of years.
- With a decent Operating Margin value of 16.42%, FTV is doing good in the industry, outperforming 78.03% of the companies in the same industry.
- FTV's Operating Margin has improved in the last couple of years.
- FTV's Gross Margin of 60.33% is amongst the best of the industry. FTV outperforms 96.97% of its industry peers.
- In the last couple of years the Gross Margin of FTV has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.42% | ||
| PM (TTM) | 10.68% | ||
| GM | 60.33% |
OM growth 3Y6.19%
OM growth 5Y12.39%
PM growth 3Y6.96%
PM growth 5Y-1.86%
GM growth 3Y1.52%
GM growth 5Y1.93%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FTV is destroying value.
- Compared to 1 year ago, FTV has less shares outstanding
- The number of shares outstanding for FTV has been increased compared to 5 years ago.
- FTV has a worse debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 3.21 indicates that FTV is not in any danger for bankruptcy at the moment.
- FTV has a Altman-Z score of 3.21. This is comparable to the rest of the industry: FTV outperforms 53.03% of its industry peers.
- The Debt to FCF ratio of FTV is 2.98, which is a good value as it means it would take FTV, 2.98 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of FTV (2.98) is better than 69.70% of its industry peers.
- FTV has a Debt/Equity ratio of 0.33. This is a healthy value indicating a solid balance between debt and equity.
- With a decent Debt to Equity ratio value of 0.33, FTV is doing good in the industry, outperforming 62.88% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 2.98 | ||
| Altman-Z | 3.21 |
ROIC/WACC0.91
WACC9.4%
2.3 Liquidity
- FTV has a Current Ratio of 0.70. This is a bad value and indicates that FTV is not financially healthy enough and could expect problems in meeting its short term obligations.
- With a Current ratio value of 0.70, FTV is not doing good in the industry: 92.42% of the companies in the same industry are doing better.
- FTV has a Quick Ratio of 0.70. This is a bad value and indicates that FTV is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Quick ratio of FTV (0.58) is worse than 87.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.7 | ||
| Quick Ratio | 0.58 |
3. Growth
3.1 Past
- FTV shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -11.59%.
- The Earnings Per Share has been growing slightly by 2.25% on average over the past years.
- FTV shows a decrease in Revenue. In the last year, the revenue decreased by -8.96%.
- FTV shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.43% yearly.
EPS 1Y (TTM)-11.59%
EPS 3Y12.49%
EPS 5Y2.25%
EPS Q2Q%-29.9%
Revenue 1Y (TTM)-8.96%
Revenue growth 3Y5.85%
Revenue growth 5Y6.43%
Sales Q2Q%-33.07%
3.2 Future
- FTV is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -0.22% yearly.
- FTV is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -5.05% yearly.
EPS Next Y-31.61%
EPS Next 2Y-14.13%
EPS Next 3Y-7.15%
EPS Next 5Y-0.22%
Revenue Next Year-33.9%
Revenue Next 2Y-17.48%
Revenue Next 3Y-10.9%
Revenue Next 5Y-5.05%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- FTV is valuated correctly with a Price/Earnings ratio of 16.67.
- Based on the Price/Earnings ratio, FTV is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
- The average S&P500 Price/Earnings ratio is at 27.30. FTV is valued slightly cheaper when compared to this.
- The Price/Forward Earnings ratio is 19.01, which indicates a rather expensive current valuation of FTV.
- Based on the Price/Forward Earnings ratio, FTV is valued a bit cheaper than 64.39% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 24.04. FTV is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.67 | ||
| Fwd PE | 19.01 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FTV indicates a somewhat cheap valuation: FTV is cheaper than 61.36% of the companies listed in the same industry.
- 83.33% of the companies in the same industry are more expensive than FTV, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.68 | ||
| EV/EBITDA | 14.59 |
4.3 Compensation for Growth
- FTV has a very decent profitability rating, which may justify a higher PE ratio.
- A cheap valuation may be justified as FTV's earnings are expected to decrease with -7.15% in the coming years.
PEG (NY)N/A
PEG (5Y)7.42
EPS Next 2Y-14.13%
EPS Next 3Y-7.15%
5. Dividend
5.1 Amount
- With a yearly dividend of 0.43%, FTV is not a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 0.80, FTV has a dividend in line with its industry peers.
- With a Dividend Yield of 0.43, FTV pays less dividend than the S&P500 average, which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.43% |
5.2 History
- The dividend of FTV decreases each year by -7.91%.
- FTV has paid a dividend for at least 10 years, which is a reliable track record.
- As FTV did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)-7.91%
Div Incr Years2
Div Non Decr Years8
5.3 Sustainability
- 16.72% of the earnings are spent on dividend by FTV. This is a low number and sustainable payout ratio.
- The Dividend Rate of FTV has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP16.72%
EPS Next 2Y-14.13%
EPS Next 3Y-7.15%
54.68
-0.83 (-1.5%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)10-29 2025-10-29/bmo
Earnings (Next)02-04 2026-02-04/amc
Inst Owners103.24%
Inst Owner Change-0.08%
Ins Owners0.17%
Ins Owner Change0.09%
Market Cap17.37B
Revenue(TTM)5.64B
Net Income(TTM)602.30M
Analysts67.5
Price Target57.87 (5.83%)
Short Float %3.88%
Short Ratio3.99
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.43% |
Yearly Dividend0.32
Dividend Growth(5Y)-7.91%
DP16.72%
Div Incr Years2
Div Non Decr Years8
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7.32%
Min EPS beat(2)-3.21%
Max EPS beat(2)17.85%
EPS beat(4)2
Avg EPS beat(4)4.27%
Min EPS beat(4)-3.21%
Max EPS beat(4)17.85%
EPS beat(8)6
Avg EPS beat(8)3.46%
EPS beat(12)9
Avg EPS beat(12)3%
EPS beat(16)13
Avg EPS beat(16)3.03%
Revenue beat(2)1
Avg Revenue beat(2)0.12%
Min Revenue beat(2)-0.65%
Max Revenue beat(2)0.89%
Revenue beat(4)1
Avg Revenue beat(4)-0.8%
Min Revenue beat(4)-2.24%
Max Revenue beat(4)0.89%
Revenue beat(8)2
Avg Revenue beat(8)-1.04%
Revenue beat(12)5
Avg Revenue beat(12)-0.66%
Revenue beat(16)7
Avg Revenue beat(16)-0.55%
PT rev (1m)0.22%
PT rev (3m)0.07%
EPS NQ rev (1m)0.15%
EPS NQ rev (3m)3.34%
EPS NY rev (1m)0.3%
EPS NY rev (3m)5.19%
Revenue NQ rev (1m)0.09%
Revenue NQ rev (3m)-0.18%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.67 | ||
| Fwd PE | 19.01 | ||
| P/S | 3.08 | ||
| P/FCF | 15.68 | ||
| P/OCF | 14.24 | ||
| P/B | 2.67 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.59 |
EPS(TTM)3.28
EY6%
EPS(NY)2.88
Fwd EY5.26%
FCF(TTM)3.49
FCFY6.38%
OCF(TTM)3.84
OCFY7.02%
SpS17.76
BVpS20.48
TBVpS-9.57
PEG (NY)N/A
PEG (5Y)7.42
Graham Number38.87
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.07% | ||
| ROE | 9.26% | ||
| ROCE | 9.84% | ||
| ROIC | 8.52% | ||
| ROICexc | 8.93% | ||
| ROICexgc | N/A | ||
| OM | 16.42% | ||
| PM (TTM) | 10.68% | ||
| GM | 60.33% | ||
| FCFM | 19.64% |
ROA(3y)4.92%
ROA(5y)5.57%
ROE(3y)8.12%
ROE(5y)9.53%
ROIC(3y)6.67%
ROIC(5y)5.86%
ROICexc(3y)7.24%
ROICexc(5y)6.49%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)7.7%
ROCE(5y)6.77%
ROICexgc growth 3YN/A
ROICexgc growth 5Y22.28%
ROICexc growth 3Y6.66%
ROICexc growth 5Y17.49%
OM growth 3Y6.19%
OM growth 5Y12.39%
PM growth 3Y6.96%
PM growth 5Y-1.86%
GM growth 3Y1.52%
GM growth 5Y1.93%
F-Score7
Asset Turnover0.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 2.98 | ||
| Debt/EBITDA | 1.53 | ||
| Cap/Depr | 24.22% | ||
| Cap/Sales | 1.98% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 87.89% | ||
| Profit Quality | 183.93% | ||
| Current Ratio | 0.7 | ||
| Quick Ratio | 0.58 | ||
| Altman-Z | 3.21 |
F-Score7
WACC9.4%
ROIC/WACC0.91
Cap/Depr(3y)22.1%
Cap/Depr(5y)19.73%
Cap/Sales(3y)1.78%
Cap/Sales(5y)1.59%
Profit Quality(3y)157.54%
Profit Quality(5y)143.9%
High Growth Momentum
Growth
EPS 1Y (TTM)-11.59%
EPS 3Y12.49%
EPS 5Y2.25%
EPS Q2Q%-29.9%
EPS Next Y-31.61%
EPS Next 2Y-14.13%
EPS Next 3Y-7.15%
EPS Next 5Y-0.22%
Revenue 1Y (TTM)-8.96%
Revenue growth 3Y5.85%
Revenue growth 5Y6.43%
Sales Q2Q%-33.07%
Revenue Next Year-33.9%
Revenue Next 2Y-17.48%
Revenue Next 3Y-10.9%
Revenue Next 5Y-5.05%
EBIT growth 1Y-21.25%
EBIT growth 3Y12.4%
EBIT growth 5Y19.62%
EBIT Next Year-8.64%
EBIT Next 3Y0.45%
EBIT Next 5Y3.03%
FCF growth 1Y-12.16%
FCF growth 3Y15.57%
FCF growth 5Y3.95%
OCF growth 1Y-11.05%
OCF growth 3Y16.68%
OCF growth 5Y3.73%
FORTIVE CORP / FTV FAQ
Can you provide the ChartMill fundamental rating for FORTIVE CORP?
ChartMill assigns a fundamental rating of 4 / 10 to FTV.
What is the valuation status of FORTIVE CORP (FTV) stock?
ChartMill assigns a valuation rating of 5 / 10 to FORTIVE CORP (FTV). This can be considered as Fairly Valued.
Can you provide the profitability details for FORTIVE CORP?
FORTIVE CORP (FTV) has a profitability rating of 7 / 10.
What are the PE and PB ratios of FORTIVE CORP (FTV) stock?
The Price/Earnings (PE) ratio for FORTIVE CORP (FTV) is 16.67 and the Price/Book (PB) ratio is 2.67.
Can you provide the expected EPS growth for FTV stock?
The Earnings per Share (EPS) of FORTIVE CORP (FTV) is expected to decline by -31.61% in the next year.