NYSE:FTV (USA) Also trade in: Germany Mexico UK

Fortive Corp

$ 78.84 0.5 (0.64%)
Volume: 1,369,971 Avg Vol (1m): 1,511,072
Market Cap $: 26.42 Bil Enterprise Value $: 28.49 Bil
P/E (TTM): 30.78 P/B: 3.92
Earnings Power Value 24.3
Net Current Asset Value -8.86
Tangible Book -5.17
Projected FCF 0
Median P/S Value 78.2
Graham Number 0
Peter Lynch Value 0
DCF (FCF Based) 0
DCF (Earnings Based) 0
1Y (-%)

Financial Strength : 6/10

GuruFocus Financial Strength Rank measures how strong a company's financial situation is . It is based on these factors
1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
Current vs industry vs history
Cash-to-Debt 0.65
Cash-To-Debt ranked lower than
78.81% of 2317 companies
in the Scientific & Technical Instruments industry.
Industry Max: 395734.25, Med: 1.26, Min: -0.33
FTV: 0.65
Ranked among companies with meaningful Cash-To-Debt only.
Cash-To-Debt range over the past 10 years
Min: 0.14, Med: 0.25, Max: 0.65
Current: 0.65
0.14
0.65
Equity-to-Asset 0.44
Equity-to-Asset ranked lower than
58.19% of 2282 companies
in the Scientific & Technical Instruments industry.
Industry Max: 0.99, Med: 0.55, Min: -23.03
FTV: 0.44
Ranked among companies with meaningful Equity-to-Asset only.
Equity-to-Asset range over the past 10 years
Min: 0.3, Med: 0.4, Max: 0.73
Current: 0.44
0.3
0.73
Debt-to-Equity 0.84
Debt-to-Equity ranked lower than
62.89% of 1765 companies
in the Scientific & Technical Instruments industry.
Industry Max: 52, Med: 0.36, Min: 0.01
FTV: 0.84
Ranked among companies with meaningful Debt-to-Equity only.
Debt-to-Equity range over the past 10 years
Min: 0.52, Med: 1.03, Max: 1.42
Current: 0.84
0.52
1.42
Debt-to-EBITDA 4.30
Debt-to-EBITDA ranked lower than
52.37% of 1627 companies
in the Scientific & Technical Instruments industry.
Industry Max: 8396.27, Med: 1.99, Min: 0.01
FTV: 4.3
Ranked among companies with meaningful Debt-to-EBITDA only.
Debt-to-EBITDA range over the past 10 years
Min: 2.38, Med: 2.75, Max: 4.3
Current: 4.3
2.38
4.3
Interest Coverage 10.82
Interest Coverage ranked lower than
57.35% of 1836 companies
in the Scientific & Technical Instruments industry.
Industry Max: 42131692, Med: 18.76, Min: 0.09
FTV: 10.82
Ranked among companies with meaningful Interest Coverage only.
Interest Coverage range over the past 10 years
Min: 10.82, Med: 10000, Max: 10000
Current: 10.82
10.82
10000
Piotroski F-Score 7
0
1
2
3
4
5
6
7
8
9
Altman Z-Score 2.99
DISTRESS
GREY
SAFE
Beneish M-Score -2.13
Not Manipulator
Manipulator
WACC vs ROIC %
ROIC 10.9%
WACC 8.56%

Profitability & Growth : 6/10

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.
Current vs industry vs history
Operating Margin % 16.77
Operating Margin ranked higher than
91.52% of 2300 companies
in the Scientific & Technical Instruments industry.
Industry Max: 108500, Med: 4.64, Min: -409420
FTV: 16.77
Ranked among companies with meaningful Operating Margin only.
Operating Margin range over the past 10 years
Min: 16.77, Med: 19.65, Max: 20.55
Current: 16.77
16.77
20.55
Net Margin % 44.68
Net Margin ranked higher than
98.61% of 2299 companies
in the Scientific & Technical Instruments industry.
Industry Max: 90164.29, Med: 3.48, Min: -416260
FTV: 44.68
Ranked among companies with meaningful Net Margin only.
Net Margin range over the past 10 years
Min: 13.2, Med: 13.98, Max: 45.16
Current: 44.68
13.2
45.16
ROE % 47.68
ROE ranked higher than
98.11% of 2278 companies
in the Scientific & Technical Instruments industry.
Industry Max: 1227.84, Med: 6.72, Min: -5002.35
FTV: 47.68
Ranked among companies with meaningful ROE only.
ROE range over the past 10 years
Min: 16.6, Med: 27.22, Max: 55.44
Current: 47.68
16.6
55.44
ROA % 21.65
ROA ranked higher than
97.85% of 2329 companies
in the Scientific & Technical Instruments industry.
Industry Max: 456.48, Med: 3.43, Min: -9683.72
FTV: 21.65
Ranked among companies with meaningful ROA only.
ROA range over the past 10 years
Min: 11.18, Med: 11.98, Max: 24.9
Current: 21.65
11.18
24.9
ROC (Joel Greenblatt) % 92.51
ROC (Joel Greenblatt) ranked higher than
96.47% of 2326 companies
in the Scientific & Technical Instruments industry.
Industry Max: 422087.5, Med: 12.21, Min: -439759.26
FTV: 92.51
Ranked among companies with meaningful ROC (Joel Greenblatt) only.
ROC (Joel Greenblatt) range over the past 10 years
Min: 92.51, Med: 143.13, Max: 274.51
Current: 92.51
92.51
274.51
3-Year Total Revenue Growth Rate 1.50
3-Year Revenue Growth Rate ranked lower than
56.24% of 2196 companies
in the Scientific & Technical Instruments industry.
Industry Max: 790.1, Med: 2.8, Min: -100
FTV: 0.9
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
3-Year Revenue Growth Rate range over the past 10 years
Min: -3.8, Med: -1.35, Max: 2.2
Current: 0.9
-3.8
2.2
3-Year Total EBITDA Growth Rate -0.20
3-Year EBITDA Growth Rate ranked lower than
61.52% of 1871 companies
in the Scientific & Technical Instruments industry.
Industry Max: 662.6, Med: 5.1, Min: -549.3
FTV: -0.7
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
3-Year EBITDA Growth Rate range over the past 10 years
Min: -4.4, Med: -1.5, Max: 4.4
Current: -0.7
-4.4
4.4
3-Year EPS w/o NRI Growth Rate 3.40
3-Year EPS w/o NRI Growth Rate ranked lower than
54.72% of 1725 companies
in the Scientific & Technical Instruments industry.
Industry Max: 852.9, Med: 6.6, Min: -393.2
FTV: 3.4
Ranked among companies with meaningful 3-Year EPS w/o NRI Growth Rate only.
3-Year EPS w/o NRI Growth Rate range over the past 10 years
Min: 0, Med: -0.35, Max: 3.4
Current: 3.4
0
3.4

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Financials (Next Earnings Date: 2019-07-26)

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Business Description

Industry Computer Hardware » Scientific & Technical Instruments    NAICS : 334220    SIC : 3823
Compare OSTO:HEXA B NAS:GRMN NYSE:KEYS NAS:CGNX NAS:TRMB NYSE:ST TSE:7701 NAS:FLIR NYSE:TDY NAS:MKSI NYSE:GDI HKSE:00241 NAS:COHR LSE:SXS TSE:6856 NAS:ORBK TSE:7779 NAS:ITRI NAS:IIVI TPE:2360
Traded in other countries F03.Germany 0IRE.UK
Address 6920 Seaway Boulevard, Everett, WA, USA, 98203
Fortive Corporation is a United States-based diversified industrial growth company encompassing businesses that are recognized leaders in attractive markets. It has well-known brands in field solutions, transportation technology, sensing, product realization, automation and specialty, and franchise distribution markets. The company's two separate business segments consisting of Professional Instrumentation and Industrial Technologies. The Professional Instrumentation segment consists of its Advanced Instrumentation and Solutions, and Sensing Technologies businesses. The Industrial Technologies segment consists of its Transportation Technologies, Automation & Specialty Components, and Franchise Distribution businesses.

Ratios

Current vs industry vs history
PE Ratio (TTM) 9.79
PE Ratio ranked higher than
77.62% of 1711 companies
in the Scientific & Technical Instruments industry.
Industry Max: 3250, Med: 16.75, Min: 0.02
FTV: 9.79
Ranked among companies with meaningful PE Ratio only.
PE Ratio range over the past 10 years
Min: 7.82, Med: 24.83, Max: 38.47
Current: 9.79
7.82
38.47
Forward PE Ratio 21.60
Forward P/E ranked lower than
82.63% of 259 companies
in the Scientific & Technical Instruments industry.
Industry Max: 2000, Med: 14.71, Min: 4.21
FTV: 21.6
Ranked among companies with meaningful Forward P/E only.
N/A
PE Ratio without NRI 30.78
PE without NRI ranked lower than
73.49% of 1690 companies
in the Scientific & Technical Instruments industry.
Industry Max: 3250, Med: 16.78, Min: 0.09
FTV: 30.78
Ranked among companies with meaningful PE without NRI only.
PE without NRI range over the past 10 years
Min: 22.87, Med: 25.76, Max: 38.47
Current: 30.78
22.87
38.47
Price-to-Owner-Earnings 8.89
Price-to-Owner-Earnings ranked lower than
100.00% of 1041 companies
in the Scientific & Technical Instruments industry.
Industry Max: 445473.98, Med: 22.3, Min: 0.21
FTV: 8.89
Ranked among companies with meaningful Price-to-Owner-Earnings only.
Price-to-Owner-Earnings range over the past 10 years
Min: 8.56, Med: 9.28, Max: 9.95
Current: 8.89
8.56
9.95
PB Ratio 3.92
PB Ratio ranked lower than
88.48% of 2309 companies
in the Scientific & Technical Instruments industry.
Industry Max: 223290.54, Med: 1.47, Min: 0.02
FTV: 3.92
Ranked among companies with meaningful PB Ratio only.
PB Ratio range over the past 10 years
Min: 3.32, Med: 6.76, Max: 7.69
Current: 3.92
3.32
7.69
PS Ratio 4.35
PS Ratio ranked lower than
86.58% of 2318 companies
in the Scientific & Technical Instruments industry.
Industry Max: 14063.96, Med: 0.98, Min: 0.01
FTV: 4.35
Ranked among companies with meaningful PS Ratio only.
PS Ratio range over the past 10 years
Min: 2.59, Med: 4.32, Max: 5.06
Current: 4.35
2.59
5.06
Price-to-Free-Cash-Flow 22.50
Price-to-Free-Cash-Flow ranked lower than
54.41% of 930 companies
in the Scientific & Technical Instruments industry.
Industry Max: 522414.18, Med: 20.39, Min: 0.17
FTV: 22.5
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
Price-to-Free-Cash-Flow range over the past 10 years
Min: 15.54, Med: 23.15, Max: 28.22
Current: 22.5
15.54
28.22
Price-to-Operating-Cash-Flow 20.61
Price-to-Operating-Cash-Flow ranked lower than
65.93% of 1350 companies
in the Scientific & Technical Instruments industry.
Industry Max: 197884.61, Med: 14.25, Min: 0.06
FTV: 20.61
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
Price-to-Operating-Cash-Flow range over the past 10 years
Min: 13.96, Med: 21.1, Max: 25.26
Current: 20.61
13.96
25.26
EV-to-EBIT 26.92
EV-to-EBIT ranked lower than
73.17% of 1789 companies
in the Scientific & Technical Instruments industry.
Industry Max: 20815.39, Med: 12.83, Min: 0.03
FTV: 26.92
Ranked among companies with meaningful EV-to-EBIT only.
EV-to-EBIT range over the past 10 years
Min: 15.3, Med: 24.15, Max: 31.4
Current: 26.92
15.3
31.4
EV-to-EBITDA 21.18
EV-to-EBITDA ranked lower than
73.56% of 1910 companies
in the Scientific & Technical Instruments industry.
Industry Max: 20815.39, Med: 10.14, Min: 0.03
FTV: 21.18
Ranked among companies with meaningful EV-to-EBITDA only.
EV-to-EBITDA range over the past 10 years
Min: 13.4, Med: 21.05, Max: 26
Current: 21.18
13.4
26
EV-to-Revenue 4.51
EV-to-Revenue ranked lower than
86.56% of 2307 companies
in the Scientific & Technical Instruments industry.
Industry Max: 25302, Med: 0.99, Min: 0.02
FTV: 4.51
Ranked among companies with meaningful EV-to-Revenue only.
EV-to-Revenue range over the past 10 years
Min: 3.1, Med: 4.65, Max: 5.7
Current: 4.51
3.1
5.7
Current Ratio 2.20
Current Ratio ranked lower than
70.52% of 2256 companies
in the Scientific & Technical Instruments industry.
Industry Max: 218.8, Med: 1.89, Min: 0.01
FTV: 2.2
Ranked among companies with meaningful Current Ratio only.
Current Ratio range over the past 10 years
Min: 0.98, Med: 1.7, Max: 2.2
Current: 2.2
0.98
2.2
Quick Ratio 1.97
Quick Ratio ranked lower than
61.26% of 2256 companies
in the Scientific & Technical Instruments industry.
Industry Max: 218.8, Med: 1.39, Min: 0.01
FTV: 1.97
Ranked among companies with meaningful Quick Ratio only.
Quick Ratio range over the past 10 years
Min: 0.79, Med: 1.32, Max: 1.97
Current: 1.97
0.79
1.97
Days Inventory 74.16
Days Inventory ranked higher than
62.25% of 2249 companies
in the Scientific & Technical Instruments industry.
Industry Max: 938.15, Med: 77.36, Min: 0.22
FTV: 74.16
Ranked among companies with meaningful Days Inventory only.
Days Inventory range over the past 10 years
Min: 29.13, Med: 61.19, Max: 74.16
Current: 74.16
29.13
74.16
Days Sales Outstanding 66.38
Days Sales Outstanding ranked higher than
70.50% of 2261 companies
in the Scientific & Technical Instruments industry.
Industry Max: 886.46, Med: 79.6, Min: 0.01
FTV: 66.38
Ranked among companies with meaningful Days Sales Outstanding only.
Days Sales Outstanding range over the past 10 years
Min: 55.08, Med: 61.01, Max: 67.6
Current: 66.38
55.08
67.6
Days Payable 80.14
Days Payable ranked higher than
55.93% of 2219 companies
in the Scientific & Technical Instruments industry.
Industry Max: 986.04, Med: 65.83, Min: -140.71
FTV: 80.14
Ranked among companies with meaningful Days Payable only.
Days Payable range over the past 10 years
Min: 69.2, Med: 78.22, Max: 90.3
Current: 80.14
69.2
90.3

Dividend & Buy Back

Current vs industry vs history
Dividend Yield % 0.36
Trailing Dividend Yield ranked lower than
95.05% of 1880 companies
in the Scientific & Technical Instruments industry.
Industry Max: 94.27, Med: 1.09, Min: 0.02
FTV: 0.36
Ranked among companies with meaningful Trailing Dividend Yield only.
Trailing Dividend Yield range over the past 10 years
Min: 0.13, Med: 0.36, Max: 0.44
Current: 0.36
0.13
0.44
Dividend Payout Ratio 0.12
Dividend Payout Ratio ranked higher than
88.86% of 1374 companies
in the Scientific & Technical Instruments industry.
Industry Max: 29.59, Med: 0.36, Min: 0.01
FTV: 0.12
Ranked among companies with meaningful Dividend Payout Ratio only.
Dividend Payout Ratio range over the past 10 years
Min: 0.07, Med: 0.11, Max: 0.12
Current: 0.12
0.07
0.12
Forward Dividend Yield % 0.36
Forward Dividend Yield ranked lower than
95.54% of 1815 companies
in the Scientific & Technical Instruments industry.
Industry Max: 30.48, Med: 2.65, Min: 0.02
FTV: 0.36
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield-on-Cost (5-Year) % 0.36
Yield-on-Cost (5y) ranked lower than
94.55% of 1852 companies
in the Scientific & Technical Instruments industry.
Industry Max: 329.08, Med: 2.89, Min: 0.01
FTV: 0.36
Ranked among companies with meaningful Yield-on-Cost (5y) only.
Yield-on-Cost (5y) range over the past 10 years
Min: 0.13, Med: 0.36, Max: 0.44
Current: 0.36
0.13
0.44
3-Year Share Buyback Rate 1.00
3-Year Share Buyback Rate ranked higher than
87.92% of 1532 companies
in the Scientific & Technical Instruments industry.
Industry Max: 72.5, Med: -3, Min: -2936.6
FTV: 1
Ranked among companies with meaningful 3-Year Share Buyback Rate only.
3-Year Share Buyback Rate range over the past 10 years
Min: -0.3, Med: -0.05, Max: 1
Current: 1
-0.3
1

Valuation & Return

Current vs industry vs history
Price-to-Median-PS-Value 1.01
Price-to-Median-PS-Value ranked lower than
64.44% of 2112 companies
in the Scientific & Technical Instruments industry.
Industry Max: 502.67, Med: 0.94, Min: 0.02
FTV: 1.01
Ranked among companies with meaningful Price-to-Median-PS-Value only.
Price-to-Median-PS-Value range over the past 10 years
Min: 0.64, Med: 0.99, Max: 1.14
Current: 1.01
0.64
1.14
Earnings Yield (Joel Greenblatt) % 3.71
Earnings Yield (Greenblatt) ranked lower than
54.87% of 2382 companies
in the Scientific & Technical Instruments industry.
Industry Max: 3214.8, Med: 5.45, Min: -833.33
FTV: 3.71
Ranked among companies with meaningful Earnings Yield (Greenblatt) only.
Earnings Yield (Greenblatt) range over the past 10 years
Min: 3.2, Med: 4.1, Max: 6.5
Current: 3.71
3.2
6.5

More Statistics

Revenue (TTM) (Mil) $ 6,304.9
EPS (TTM) $ 8.07
Beta 1.23
Volatility % 27.57
52-Week Range $ 62.89 - 89.48
Shares Outstanding (Mil) 335.1

Analyst Estimate

Piotroski F-Score Details

Piotroski F-Score 7
Positive ROA Y
Positive CFROA Y
Higher ROA yoy Y
CFROA > ROA N
Lower Leverage yoy Y
Higher Current Ratio yoy Y
Less Shares Outstanding yoy Y
Higher Gross Margin yoy Y
Higher Asset Turnover yoy N