DoverDOV -2.07%88 EV-to-FCF is 28.24 as of Jun. 27, 2026, which is 9% above its 10-year median of 25.80. GuruFocus rates DOV with a GF Score™ of 88/100 and a GF Value™ of $197.25 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,735 Industrial Products companies, Dover ranks worse than 53.31% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Dover's Enterprise Value is $32,076 Mil.
Dover's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $1,136 Mil. Therefore, Dover's EV-to-FCF for today is 28.24.
The historical rank and industry rank for Dover's EV-to-FCF or its related term are showing as below:
DOV'
s EV-to-FCF Range Over the Past 10 Years
Min: 15.25 Med: 25.8 Max: 51.44
Current: 28.24
During the past 13 years, the highest EV-to-FCF of Dover was 51.44. The lowest was 15.25. And the median was 25.80.
DOV's EV-to-FCF is ranked worse than 53.31% of 1735
companies
in the Industrial Products industry
Industry Median: 26.71
vs DOV: 28.24
EV-to-FCF 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 (2026-06-27), Dover's stock price is $225.96.
Dover's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $8.020. Therefore, Dover's PE Ratio (TTM) for today is 28.17.
Dover (NYSE:DOV) EV-to-FCF Explanation
EV-to-FCF 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 $225.96.
Dover's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.020.
* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Dover EV-to-FCF Related Terms
Dover EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Dover's EV-to-FCF 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-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Dover's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Dover's EV-to-FCF falls into.
Dover's current Enterprise Value is $32,076 Mil.
Dover's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,136 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-FCF of 28.24 as of Jun. 27, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Dover and its competitors. This is near median its historical median of 25.80. Over the past decade, Dover's EV-to-FCF has ranged from 15.25 to 51.44. According to the industry distribution chart, Dover ranks #925 out of 1735 companies in the Industrial Products industry, placing it in the top 53.3%.
Is Dover's EV-to-FCF too high?
Dover's current EV-to-FCF of 28.24 is near median its 10-year median of 25.80. Over the past 10 years, this metric has ranged from a low of 15.25 to a high of 51.44. The Industrial Products industry median EV-to-FCF is 26.71. Dover's value of 28.24 is 5.7% above this industry median. Based on the distribution chart, Dover ranks #925 out of 1735 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Dover has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dover's EV-to-FCF compare to IR and OTIS?
According to the Industrial Products industry distribution chart, Dover ranks #925 out of 1735 companies for EV-to-FCF. This places Dover in the lower half of its industry. The industry median EV-to-FCF is 26.71. Dover's value of 28.24 is 5.7% above this benchmark. Historically, Dover's own EV-to-FCF has ranged from 15.25 to 51.44 over the past decade. While the company's 10-year median is 25.80 vs. the industry median of 26.71, 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-FCF for an Industrial Products company?
The median EV-to-FCF among Industrial Products companies is 26.71, based on 1,735 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dover's current EV-to-FCF of 28.24 is 5.7% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Dover and its competitors. For the Industrial Products industry, the median EV-to-FCF is 26.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dover's current EV-to-FCF is 28.24, which is near median its own 10-year median of 25.80. 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 Modestly Overvalued. The stock's GF Value™ is $197.25, compared to a current price of $225.96 — trading 14.6% above its estimated fair value. The current EV-to-FCF is 28.24, which is near median its 10-year median of 25.80 and 5.7% above the Industrial Products industry median of 26.71. Dover's overall GF Score™ is 88/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Dover (DOV), the current EV-to-FCF is 28.24 as of Jun. 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 overvalued.
The current stock price of $225.96 is trading 14.6% above its estimated GF Value™ of $197.25.
GuruFocus considers Dover to be Modestly Overvalued.
Key valuation signals for DOV:
EV-to-FCF: 28.24 (near median its 10-year median of 25.80)
GF Value™: $197.25 vs. price of $225.96 (14.6% above fair value)
Industry Position: 5.7% above the Industrial Products median (#925 of 1735)
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.
88GF Score
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