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Fortive (BSP:F1TV34) EV-to-EBIT : 27.33 (As of Apr. 26, 2024)


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What is Fortive EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Fortive's Enterprise Value is R$155,155 Mil. Fortive's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was R$5,677 Mil. Therefore, Fortive's EV-to-EBIT for today is 27.33.

The historical rank and industry rank for Fortive's EV-to-EBIT or its related term are showing as below:

BSP:F1TV34' s EV-to-EBIT Range Over the Past 10 Years
Min: 10.72   Med: 26.31   Max: 351.53
Current: 26.05

During the past 12 years, the highest EV-to-EBIT of Fortive was 351.53. The lowest was 10.72. And the median was 26.31.

BSP:F1TV34's EV-to-EBIT is ranked worse than
69.92% of 1712 companies
in the Hardware industry
Industry Median: 16.195 vs BSP:F1TV34: 26.05

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Fortive's Enterprise Value for the quarter that ended in Mar. 2024 was R$168,329 Mil. Fortive's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was R$5,677 Mil. Fortive's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.37%.


Fortive EV-to-EBIT Historical Data

The historical data trend for Fortive'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.

* Premium members only.

Fortive EV-to-EBIT Chart

Fortive Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.85 15.35 39.36 26.13 24.90

Fortive Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.52 27.11 25.59 24.90 29.04

Competitive Comparison of Fortive's EV-to-EBIT

For the Scientific & Technical Instruments subindustry, Fortive'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.


Fortive's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Fortive's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Fortive's EV-to-EBIT falls into.



Fortive EV-to-EBIT Calculation

Fortive's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=155154.606/5676.66
=27.33

Fortive's current Enterprise Value is R$155,155 Mil.
Fortive's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$5,677 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.


Fortive  (BSP:F1TV34) EV-to-EBIT Explanation

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.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Fortive's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=5676.66/168328.621
=3.37 %

Fortive's Enterprise Value for the quarter that ended in Mar. 2024 was R$168,329 Mil.
Fortive's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$5,677 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.


Fortive EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Fortive's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Fortive (BSP:F1TV34) Business Description

Traded in Other Exchanges
Address
6920 Seaway Boulevard, Everett, WA, USA, 98203
Fortive is a diversified industrial technology firm with a broad portfolio of mission-critical products and services that include field solutions, product realization, health, and sensing technologies. The company serves a wide range of end markets, including manufacturing, utilities, medical, and electronics. Fortive generated roughly $5.8 billion in revenue and $1.4 billion in adjusted operating income in 2022.

Fortive (BSP:F1TV34) Headlines

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