0.13%
8.99%
14.43%
13.76%
4.55%
15.88%
30.37%
AI Spotlight on FTV
Company Description
Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide.Its Intelligent Operating Solutions segment offers connected reliability tools; environment, health, safety, and quality enterprise software products; facility and asset lifecycle software; pre-construction planning and construction procurement solutions; ruggedized professional test tools; electric, pressure, and temperature calibration tools; and portable gas detection tools for a range of vertical end markets including manufacturing, process industries, healthcare, utilities and power, communications and electronics, and others.It markets its products and services under the ACCRUENT, FLUKE, GORDIAN, INDUSTRIAL SCIENTIFIC, INTELEX, PRUFTECHNIK, and SERVICECHANNEL brands.
The company's Precision Technologies segment provides electrical test and measurement instruments and services; energetic material devices; and sensor and control system solutions for power and energy, medical equipment, food and beverage, aerospace and defense, off-highway vehicles, electronics, semiconductors, and other general industrial markets.This segment markets its products under the ANDERSON-NEGELE, GEMS, SETRA, HENGSTLER-DYNAPAR, QUALITROL, PACIFIC SCIENTIFIC, KEITHLEY, and TEKTRONIX brands.Its Advanced Healthcare Solutions segment offers hardware and software products and services, including instrument and device reprocessing, instrument tracking, biomedical test tools, radiation safety monitoring, and asset management services; subscription-based surgical inventory management systems to facilitate inventory management and regulatory compliance, as well as technical, analytical, and compliance services to determine radiation exposure services under the ASP, CENSIS, CENSITRAC, EVOTECH, FLUKE BIOMEDICAL, INVETECH, LANDAUER, RAYSAFE, and STERRAD brands.
Fortive Corporation was incorporated in 2015 and is headquartered in Everett, Washington.
Market Data
| Last Price | 81.74 |
| Change Percentage | 0.13% |
| Open | 81.92 |
| Previous Close | 81.63 |
| Market Cap ( Millions) | 28360 |
| Volume | 62704 |
| Year High | 87.1 |
| Year Low | 66.15 |
| M A 50 | 77.26 |
| M A 200 | 75.25 |
Financial Ratios
| FCF Yield | 4.78% |
| Dividend Yield | 0.39% |
| ROE | 8.50% |
| Debt / Equity | 36.57% |
| Net Debt / EBIDTA | 185.54% |
| Price To Book | 2.7 |
| Price Earnings Ratio | 32.08 |
| Price To FCF | 20.94 |
| Price To sales | 5.1 |
| EV / EBITDA | 19.11 |
News
- Jan -29 - Final Trades: Chubb, Fortive Corp, Palo Alto and Taiwan Semi
- Jan -29 - Fortive Announces Board Chair Transition
- Dec -23 - Fortive Schedules Fourth Quarter 2024 Earnings Conference Call
- Dec -16 - Fortive Recommends Rejection by Shareholders of the Mini-Tender Offer by TRC Capital Investment Corporation
- Dec -12 - Fluke Survey Reveals How Data is Powering the Future for Solar Energy Innovation and Growth
- Dec -09 - Fluke Networks Adds Advanced Wi-Fi 6E Troubleshooting Capabilities to LinkIQ
- Dec -09 - 3 Electronics Testing Stocks to Watch From a Prospering Industry
- Dec -05 - Fluke Survey Reveals 79% of Manufacturers Will Leverage AI to Tackle High-Skilled Labour Shortage
- Nov -08 - Fortive to Present at the Baird Global Industrial Conference
- Oct -31 - Fortive Q3 Earnings Beat Estimates, Revenues Up Y/Y, Outlook Raised
- Oct -31 - After Plunging -7.16% in 4 Weeks, Here's Why the Trend Might Reverse for Fortive (FTV)
- Oct -30 - Fortive Corporation (FTV) Q3 2024 Earnings Call Transcript
- Oct -30 - Compared to Estimates, Fortive (FTV) Q3 Earnings: A Look at Key Metrics
- Oct -30 - Fortive (FTV) Surpasses Q3 Earnings Estimates
- Oct -30 - Fortive lifts annual profit view as automation demand drives quarterly beat
- Oct -30 - Fortive Reports Strong Third Quarter 2024 Results; Raises Full Year 2024 Outlook
- Oct -28 - Fortive Gears Up to Report Q3 Earnings: What's in the Offing?
- Oct -15 - Fluke Delivers Unmatched Safety to Solar Professionals With Tools Specifically Designed For High-voltage Solar Environments
- Oct -10 - Fluke Reliability's EAM solution eMaint positioned as a Leader in Green Quadrant for Enterprise Asset Management
- Oct -02 - Fortive Schedules Third Quarter 2024 Earnings Conference Call
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Intelligent Operating Solutions
Expected Growth : 7.5 %
What the company do ?
Intelligent Operating Solutions from Fortive Corporation provides industrial automation and IoT solutions, enabling real-time data-driven decision making and optimized operations.
Why we expect these perspectives ?
Fortive's Intelligent Operating Solutions segment growth is driven by increasing demand for industrial automation, IoT adoption, and digital transformation. The segment benefits from its diversified portfolio of software and services, strong brand recognition, and strategic acquisitions. Additionally, the growing need for operational efficiency, cost savings, and data-driven decision making in industries such as manufacturing, healthcare, and energy also contribute to its 7.5% growth.
Segment n°2 -> Precision Technologies
Expected Growth : 7.8 %
What the company do ?
Precision Technologies from Fortive Corporation provides advanced testing and measurement solutions for industrial, medical, and aerospace industries, ensuring precision and accuracy in critical applications.
Why we expect these perspectives ?
Precision Technologies from Fortive Corporation's 7.8% growth is driven by increasing demand for precision testing and measurement solutions in industries such as aerospace, automotive, and healthcare. Additionally, the segment benefits from Fortive's strategic acquisitions, investments in R&D, and expansion into emerging markets, further fueling growth.
Segment n°3 -> Advanced Healthcare Solutions
Expected Growth : 8.2 %
What the company do ?
Advanced Healthcare Solutions from Fortive Corporation provides medical technology and analytics to improve healthcare outcomes and reduce costs.
Why we expect these perspectives ?
Advanced Healthcare Solutions' 8.2% growth is driven by increasing demand for healthcare technology, strategic acquisitions, and expansion into emerging markets. Additionally, the segment benefits from Fortive's operational excellence and digital transformation initiatives, leading to improved efficiency and productivity. Furthermore, the growing need for healthcare providers to reduce costs and improve patient outcomes also contributes to the segment's growth.
Fortive Corporation Products
| Product Range | What is it ? |
|---|---|
| Professional Instrumentation | Provides a range of professional instrumentation products, including electrical safety testers, circuit testers, and wire tracers. |
| Industrial Scientific | Offers a range of industrial scientific products, including thermal imaging cameras, gas detection instruments, and portable analytical instruments. |
| Transportation Technology | Provides a range of transportation technology products, including fleet management systems, route optimization software, and vehicle safety systems. |
| Franchise Distribution | Distributes a range of products, including electrical and industrial supplies, to customers in various industries. |
| Telemetry Products | Offers a range of telemetry products, including remote monitoring systems, data loggers, and sensors. |
| Environmental and Health and Safety | Provides a range of environmental and health and safety products, including air and water quality monitoring systems, and personal protective equipment. |
Fortive Corporation's Porter Forces
Threat Of Substitutes
Fortive Corporation's products and services have some substitutes, but they are not easily replaceable due to their unique features and quality.
Bargaining Power Of Customers
Fortive Corporation's customers have limited bargaining power due to the company's strong brand reputation and diversified product offerings.
Bargaining Power Of Suppliers
Fortive Corporation's suppliers have some bargaining power due to the company's dependence on them for raw materials and components, but the company's size and scale mitigate this power.
Threat Of New Entrants
The threat of new entrants is low for Fortive Corporation due to the high barriers to entry in the industries it operates in, including significant capital requirements and regulatory hurdles.
Intensity Of Rivalry
The intensity of rivalry is high in Fortive Corporation's industries, with many established players competing for market share and customers.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 26.31% |
| Debt Cost | 3.95% |
| Equity Weight | 73.69% |
| Equity Cost | 9.93% |
| WACC | 8.36% |
| Leverage | 35.70% |
Fortive Corporation : Quality Control
Fortive Corporation passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| INTU | Intuit Inc. provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four … |
| KEYS | Keysight Technologies, Inc. provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the … |
| DELL | Dell Technologies Inc. designs, develops, manufactures, markets, sells, and supports information technology (IT) solutions, products, and services worldwide. The company operates through three segments: Infrastructure Solutions Group (ISG), Client Solutions … |
| APH | Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors in the United States, China, and internationally. It operates through three segments: Harsh … |
| GLW | Corning Incorporated engages in display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses worldwide. The company's Display Technologies segment offers glass substrates for liquid crystal displays and … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
🥇
Amphenol
A-Score
1-Year Total Return ->
🥈
Corning
A-Score
1-Year Total Return ->
🥉
Dell Technologies
A-Score
1-Year Total Return ->
4
Fortive
A-Score
1-Year Total Return ->
5
Intuit
A-Score
1-Year Total Return ->
6
