4.08%
9.50%
8.50%
11.48%
37.15%
20.90%
80.43%
AI Spotlight on DOV
Company Description
Dover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide.The Engineered Products segment provides various equipment, component, software, solution, and services that are used in aftermarket vehicle service, solid waste handling, industrial automation, aerospace and defense, industrial winch and hoist, and fluid dispensing end-market.This segment also offers manual and power clamp, rotary and linear mechanical indexer, conveyor, pick and place unit, glove port, and manipulator, as well as end-of-arm robotic gripper, slide, and end effector.
Its Clean Energy & Fueling segment offers component, equipment, and software and service solution enabling safe transport of traditional and clean fuel, and other hazardous substance along with supply chain, as well as operation of convenience retail, retail fueling, and vehicle wash establishment.The Imaging and Identification segment provides precision marking and coding; packaging intelligence; product traceability equipment; brand protection; and digital textile printing equipment, as well as related consumable, software, and service to packaged and consumer good, pharmaceutical, industrial manufacturing, fashion and apparel, and other end-market.Its Pumps and Process Solutions segment manufactures specialty pump, connector, and flow meter, fluid connecting solution, plastics and polymer processing equipment, and engineered components for rotating and reciprocating machines.
The Climate & Sustainability Technologies segment manufactures refrigeration system, refrigeration display case, commercial glass refrigerator and freezer door, and brazed plate heat exchanger for industrial heating and cooling, and residential climate control applications.It sells its products directly and through a network of distributors.The company was incorporated in 1947 and is headquartered in Downers Grove, Illinois.
Market Data
| Last Price | 205.42 |
| Change Percentage | 4.08% |
| Open | 210 |
| Previous Close | 197.36 |
| Market Cap ( Millions) | 28182 |
| Volume | 1870981 |
| Year High | 213.7 |
| Year Low | 148.45 |
| M A 50 | 196.25 |
| M A 200 | 186.74 |
Financial Ratios
| FCF Yield | 3.90% |
| Dividend Yield | 1.00% |
| ROE | 46.57% |
| Debt / Equity | 42.13% |
| Net Debt / EBIDTA | 49.44% |
| Price To Book | 4.05 |
| Price Earnings Ratio | 10.45 |
| Price To FCF | 25.65 |
| Price To sales | 3.44 |
| EV / EBITDA | 13.34 |
News
- Jan -30 - Dover Earnings Surpass Estimates in Q4, Revenues Increases Y/Y
- Jan -30 - Dover Corporation (DOV) Q4 2024 Earnings Call Transcript
- Jan -30 - Compared to Estimates, Dover (DOV) Q4 Earnings: A Look at Key Metrics
- Jan -30 - Dover Corporation (DOV) Tops Q4 Earnings Estimates
- Jan -30 - Dover Reports Fourth Quarter and Full Year 2024 Results
- Jan -29 - CPC Launches Industry-First Product for Cell and Gene Therapy Sterile Processing
- Jan -28 - Markem-Imaje Launches New Bi-Jet Continuous Inkjet Printer
- Jan -28 - Industrial Stocks Reporting Q4 Earnings This Week: CAT, GWW & More
- Jan -27 - Advansor Launches Three New CO2 Climate Solutions
- Jan -24 - Dover to Report Q4 Earnings: What's in the Cards for the Stock?
- Jan -24 - What Can The Dividend Kings Deliver In 2025?
- Jan -23 - Belvac Expands Global Customer Base with Turnkey Integration Project in New Zealand
- Jan -21 - Dover Boosts PSG Business Portfolio With Cryo-Mach Acquisition
- Jan -20 - Dover Adds Cryogenic Pumps to Its Pumps & Process Solutions Segment
- Jan -16 - BASE Engineering Releases New Long-Range Chipset to Improve Communications in Challenging Industrial Operating Environments
- Jan -13 - Dover Acquires Dryer Manufacturer Technology for the Global Processing Industry
- Jan -09 - Dover Announces Fourth Quarter 2024 Earnings Release Date, Conference Call and Webcast
- Jan -07 - 4 Industrial Manufacturing Stocks to Buy Despite Industry Headwinds
- Dec -31 - Dover Unit Opens Large-Scale Facility for Propane Testing
- Dec -30 - SWEP Opens Large Scale Propane Testing Facility
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Engineered Products
Expected Growth : 3.5 %
What the company do ?
Engineered Products from Dover Corporation provides a range of products and solutions for various industries, including pumps, compressors, and fueling systems.
Why we expect these perspectives ?
Dover Corporation's Engineered Products segment growth of 3.5% is driven by increasing demand for pumps and valves in the oil and gas industry, expansion in the industrial pumps market, and growth in the aerospace and defense sector. Additionally, the segment benefits from Dover's strategic acquisitions and investments in digital technologies, enhancing operational efficiency and driving innovation.
Segment n°2 -> Clean Energy & Fueling
Expected Growth : 5.0 %
What the company do ?
Clean Energy & Fueling from Dover Corporation provides sustainable fueling solutions, including electric vehicle charging and alternative fueling systems, for a cleaner energy future.
Why we expect these perspectives ?
Dover Corporation's Clean Energy & Fueling segment growth is driven by increasing adoption of alternative fuels, government regulations and incentives promoting sustainable energy, rising demand for electric vehicle charging infrastructure, and strategic acquisitions expanding product offerings and geographic reach.
Segment n°3 -> Climate & Sustainability Technologies
Expected Growth : 6.0 %
What the company do ?
Dover Corporation's Climate & Sustainability Technologies segment provides products and solutions that support the reduction of greenhouse gas emissions and promote sustainable practices.
Why we expect these perspectives ?
Dover Corporation's Climate & Sustainability Technologies segment growth is driven by increasing demand for energy-efficient solutions, stringent regulations on emissions, and rising adoption of renewable energy sources. Additionally, growing concerns over climate change and water scarcity are fueling investments in sustainable technologies, contributing to the 6.0% growth rate.
Segment n°4 -> Pumps & Process Solutions
Expected Growth : 3.0 %
What the company do ?
Pumps & Process Solutions from Dover Corporation provides a range of pumps, compressors, and processing equipment for various industries, including oil and gas, chemical, and power generation.
Why we expect these perspectives ?
Dover Corporation's Pumps & Process Solutions segment growth is driven by increasing demand for efficient fluid handling systems in oil and gas, chemical processing, and water treatment industries. Additionally, the segment benefits from Dover's strategic acquisitions, expanding product portfolios, and investments in digitalization and IoT technologies, enabling customers to optimize their operations and reduce costs.
Segment n°5 -> Imaging & Identification
Expected Growth : 4.5 %
What the company do ?
Imaging & Identification from Dover Corporation provides products and services for marking, coding, and traceability solutions for industrial and commercial applications.
Why we expect these perspectives ?
Dover Corporation's Imaging & Identification segment growth of 4.5% is driven by increasing demand for digital printing and marking technologies, expansion in e-commerce and packaging industries, and growing adoption of product identification and tracking solutions. Additionally, strategic acquisitions and investments in emerging markets contribute to the segment's growth.
Segment n°6 -> Intersegment Eliminations
Expected Growth : 2.0 %
What the company do ?
Intersegment Eliminations from Dover Corporation refers to the elimination of transactions between Dover's business segments, ensuring accurate financial reporting by removing internal sales and profits.
Why we expect these perspectives ?
Dover Corporation's 2.0% Intersegment Eliminations growth is driven by increasing demand for industrial products, strategic acquisitions, and operational efficiencies. The company's diversified portfolio, including refrigeration, food equipment, and pumps, benefits from a rebound in industrial production and infrastructure investments. Additionally, Dover's focus on digitalization and cost savings initiatives contributes to the growth.
Dover Corporation Products
| Product Range | What is it ? |
|---|---|
| Pumps and Compressors | Dover Corporation's Pumps and Compressors segment provides a range of pumps, compressors, and related equipment for various industries such as oil and gas, chemical, power generation, and water treatment. |
| Refrigeration and Food Equipment | This segment offers refrigeration systems, display cases, and food service equipment for supermarkets, convenience stores, and food service providers. |
| Fluid Solutions | Dover Corporation's Fluid Solutions segment provides a range of pumps, valves, and dispensing systems for various industries such as fueling, chemical, and industrial processes. |
| Engineered Systems | This segment provides a range of engineered systems, including automation and control systems, for various industries such as oil and gas, chemical, and power generation. |
Dover Corporation's Porter Forces
Threat Of Substitutes
Dover Corporation operates in a niche market with limited substitutes, but there are some alternatives available, making the threat of substitutes moderate.
Bargaining Power Of Customers
Dover Corporation's customers have limited bargaining power due to the company's diversified product portfolio and strong brand presence.
Bargaining Power Of Suppliers
Dover Corporation's suppliers have moderate bargaining power due to the company's dependence on a few key suppliers, but the company's large scale of operations helps to mitigate this risk.
Threat Of New Entrants
The threat of new entrants is low due to the high barriers to entry in Dover Corporation's industries, including significant capital requirements and regulatory hurdles.
Intensity Of Rivalry
The intensity of rivalry in Dover Corporation's industries is high due to the presence of several established competitors, leading to a competitive market environment.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 41.89% |
| Debt Cost | 4.29% |
| Equity Weight | 58.11% |
| Equity Cost | 10.21% |
| WACC | 7.73% |
| Leverage | 72.10% |
Dover Corporation : Quality Control
Dover Corporation passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| ROP | Roper Technologies, Inc. designs and develops software, and engineered products and solutions. The company offers management, campus solutions, diagnostic and laboratory information management, enterprise management, information solutions, transportation management, financial … |
| OTIS | Otis Worldwide Corporation manufactures, installs, and services elevators and escalators in the United States, China, and internationally. The company operates in two segments, New Equipment and Service. The New Equipment … |
| EMR | Emerson Electric Co., a technology and engineering company, provides various solutions for customers in industrial, commercial, and residential markets in the Americas, Asia, the Middle East, Africa, and Europe. The … |
| IR | Ingersoll Rand Inc. provides various mission-critical air, fluid, energy, specialty vehicle and medical technologies in the United States, Europe, the Middle East, Africa, and the Asia Pacific. It operates through … |
| AME | AMETEK, Inc. manufactures and sells electronic instruments and electromechanical devices worldwide. It operates in two segments, Electronic Instruments (EIG) and Electromechanical (EMG). The company's EIG segment offers advanced instruments for … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Dover
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Otis
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Emerson Electric
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4
AMETEK
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5
Ingersoll Rand
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6
