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DoverDOV +0.14%92 EV-to-OCF is 21.53 as of Aug. 09, 2026, which is 2% above its 10-year median of 21.03. GuruFocus rates DOV with a GF Score™ of 92/100 and a GF Value™ of $203.45 (Fairly Valued). The stock has 2 warning signs investors should review. Among 3,073 Industrial Products companies, Dover ranks worse than 66.09% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Dover's Enterprise Value is $29,939 Mil.
Dover's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $1,390 Mil. Therefore, Dover's EV-to-OCF for today is 21.53.
The historical rank and industry rank for Dover's EV-to-OCF or its related term are showing as below:
DOV'
s EV-to-OCF Range Over the Past 10 Years
Min: 12.46 Med: 21.03 Max: 39.39
Current: 21.53
During the past 13 years, the highest EV-to-OCF of Dover was 39.39. The lowest was 12.46. And the median was 21.03.
DOV's EV-to-OCF is ranked worse than 66.09% of 3073
companies
in the Industrial Products industry
Industry Median: 11.76
vs DOV: 21.53
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
As of today (2026-08-09), Dover's stock price is $211.13.
Dover's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $8.300. Therefore, Dover's PE Ratio (TTM) for today is 25.44.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Dover's share price for today is $211.13.
Dover's Earnings per Share (Diluted) 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 $8.300.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Dover EV-to-OCF Related Terms
Dover EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Dover's EV-to-OCF 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-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Dover's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Dover's EV-to-OCF falls into.
Dover's current Enterprise Value is $29,939 Mil.
Dover's Cash Flow from Operations 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 $1,390 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-OCF of 21.53 as of Aug. 09, 2026. This is near median its historical median of 21.03. Over the past decade, Dover's EV-to-OCF has ranged from 12.46 to 39.39. According to the industry distribution chart, Dover ranks #2031 out of 3073 companies in the Industrial Products industry, placing it in the top 66.1%.
Is Dover's EV-to-OCF too high?
Dover's current EV-to-OCF of 21.53 is near median its 10-year median of 21.03. Over the past 10 years, this metric has ranged from a low of 12.46 to a high of 39.39. The Industrial Products industry median EV-to-OCF is 11.76. Dover's value of 21.53 is 83.1% above this industry median. Based on the distribution chart, Dover ranks #2031 out of 3073 companies in the Industrial Products industry, which is below 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-OCF compare to OTIS and XYL?
According to the Industrial Products industry distribution chart, Dover ranks #2031 out of 3073 companies for EV-to-OCF. This places Dover in the lower half of its industry. The industry median EV-to-OCF is 11.76. Dover's value of 21.53 is 83.1% above this benchmark. Historically, Dover's own EV-to-OCF has ranged from 12.46 to 39.39 over the past decade. While the company's 10-year median is 21.03 vs. the industry median of 11.76, Dover has consistently been above 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-OCF for an Industrial Products company?
The median EV-to-OCF among Industrial Products companies is 11.76, based on 3,073 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dover's current EV-to-OCF of 21.53 is 83.1% above 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median EV-to-OCF is 11.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dover's current EV-to-OCF is 21.53, which is near median its own 10-year median of 21.03. 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 $203.45, compared to a current price of $211.13 — trading 3.8% above its estimated fair value. The current EV-to-OCF is 21.53, which is near median its 10-year median of 21.03 and 83.1% above the Industrial Products industry median of 11.76. Dover's overall GF Score™ is 92/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Dover (DOV), the current EV-to-OCF is 21.53 as of Aug. 09, 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 overvalued.
The current stock price of $211.13 is trading 3.8% above its estimated GF Value™ of $203.45.
GuruFocus considers Dover to be Fairly Valued.
Key valuation signals for DOV:
EV-to-OCF: 21.53 (near median its 10-year median of 21.03)
GF Value™: $203.45 vs. price of $211.13 (3.8% above fair value)
Industry Position: 83.1% above the Industrial Products median (#2031 of 3073)
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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