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DoverDOV +2.22%92 EV-to-EBIT is 18.81 as of Jul. 27, 2026, which is 8% above its 10-year median of 17.41. GuruFocus rates DOV with a GF Score™ of 92/100 and a GF Value™ of $202.43 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,373 Industrial Products companies, Dover ranks better than 50.74% on this metric.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Dover's Enterprise Value is $28,736 Mil.
Dover's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $1,527 Mil. Therefore, Dover's EV-to-EBIT for today is 18.81.
The historical rank and industry rank for Dover's EV-to-EBIT or its related term are showing as below:
DOV'
s EV-to-EBIT Range Over the Past 10 Years
Min: 12.95 Med: 17.41 Max: 24.28
Current: 18.81
During the past 13 years, the highest EV-to-EBIT of Dover was 24.28. The lowest was 12.95. And the median was 17.41.
DOV's EV-to-EBIT is ranked better than 50.74% of 2373
companies
in the Industrial Products industry
Industry Median: 19.05
vs DOV: 18.81
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Dover's Enterprise Value for the quarter that ended in Jun. 2026 was $31,798 Mil.
Dover's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,527 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Dover EV-to-EBIT Related Terms
Dover EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for Dover's EV-to-EBIT can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Specialty Industrial Machinery subindustry, Dover's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Dover EV-to-EBIT vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Dover's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Dover's EV-to-EBIT falls into.
Dover's current Enterprise Value is $28,736 Mil.
Dover's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,527 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Dover (DOV) has a EV-to-EBIT of 18.81 as of Jul. 27, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Dover and its competitors. This is near median its historical median of 17.41. Over the past decade, Dover's EV-to-EBIT has ranged from 12.95 to 24.28. According to the industry distribution chart, Dover ranks #1169 out of 2373 companies in the Industrial Products industry, placing it in the top 49.3%.
Is Dover's EV-to-EBIT too high?
Dover's current EV-to-EBIT of 18.81 is near median its 10-year median of 17.41. Over the past 10 years, this metric has ranged from a low of 12.95 to a high of 24.28. The Industrial Products industry median EV-to-EBIT is 19.05. Dover's value of 18.81 is 1.3% below this industry median. Based on the distribution chart, Dover ranks #1169 out of 2373 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Dover has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dover's EV-to-EBIT compare to OTIS and XYL?
According to the Industrial Products industry distribution chart, Dover ranks #1169 out of 2373 companies for EV-to-EBIT. This puts Dover in the upper half of its industry. The industry median EV-to-EBIT is 19.05. Dover's value of 18.81 is 1.3% below this benchmark. Historically, Dover's own EV-to-EBIT has ranged from 12.95 to 24.28 over the past decade. While the company's 10-year median is 17.41 vs. the industry median of 19.05, Dover has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for an Industrial Products company?
The median EV-to-EBIT among Industrial Products companies is 19.05, based on 2,373 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dover's current EV-to-EBIT of 18.81 is 1.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Dover and its competitors. For the Industrial Products industry, the median EV-to-EBIT is 19.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dover's current EV-to-EBIT is 18.81, which is near median its own 10-year median of 17.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dover stock overvalued right now?
Based on GuruFocus' analysis, Dover (DOV) is currently considered Fairly Valued. The stock's GF Value™ is $202.43, compared to a current price of $202.20 — trading 0.1% below its estimated fair value. The current EV-to-EBIT is 18.81, which is near median its 10-year median of 17.41 and 1.3% below the Industrial Products industry median of 19.05. Dover's overall GF Score™ is 92/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Dover (DOV), the current EV-to-EBIT is 18.81 as of Jul. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Dover (DOV) Overvalued in 2026?
Based on GuruFocus' analysis, Dover stock appears to be undervalued.
The current stock price of $202.20 is trading 0.1% below its estimated GF Value™ of $202.43.
GuruFocus considers Dover to be Fairly Valued.
Key valuation signals for DOV:
EV-to-EBIT: 18.81 (near median its 10-year median of 17.41)
GF Value™: $202.43 vs. price of $202.20 (0.1% below fair value)
Industry Position: 1.3% below the Industrial Products median (#1169 of 2373)
No single metric tells the full story. See the DOV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1955 by George Ohrstrom, Dover has become an industrial behemoth through the acquisition of dozens of esteemed brands. The company is organized into five segments through which it designs and manufactures highly engineered components, such as vehicle repair, factory automation, welding, aerospace, fuel dispensing, printing, liquid handling, refrigeration, and can-making equipment. It has operations around the globe but generates over half of its revenue in the United States.
92GF Score
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