FortiveFTV +0.08%75 EV-to-FCF is 20.02 as of Jun. 24, 2026, which is 16% above its 10-year median of 17.20. GuruFocus rates FTV with a GF Score™ of 75/100 and a GF Value™ of $59.68 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,327 Hardware companies, Fortive ranks better than 55.92% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Fortive's Enterprise Value is $21,552 Mil.
Fortive's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $1,076 Mil. Therefore, Fortive's EV-to-FCF for today is 20.02.
The historical rank and industry rank for Fortive's EV-to-FCF or its related term are showing as below:
FTV'
s EV-to-FCF Range Over the Past 10 Years
Min: 12.45 Med: 17.2 Max: 26.54
Current: 20.02
During the past 13 years, the highest EV-to-FCF of Fortive was 26.54. The lowest was 12.45. And the median was 17.20.
FTV's EV-to-FCF is ranked better than 55.92% of 1327
companies
in the Hardware industry
Industry Median: 24.06
vs FTV: 20.02
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.
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.
Fortive's share price for today is $60.39.
Fortive'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 $1.670.
* 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.
Fortive EV-to-FCF Related Terms
Fortive EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Fortive'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 Scientific & Technical Instruments subindustry, Fortive'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.
Fortive EV-to-FCF vs Hardware Industry
For the Hardware industry and Technology sector, Fortive's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Fortive's EV-to-FCF falls into.
Fortive's current Enterprise Value is $21,552 Mil.
Fortive'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 $1,076 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 (FTV) has a EV-to-FCF of 20.02 as of Jun. 24, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Fortive and its competitors. This is 16% above median its historical median of 17.20. Over the past decade, Fortive's EV-to-FCF has ranged from 12.45 to 26.54. According to the industry distribution chart, Fortive ranks #585 out of 1327 companies in the Hardware industry, placing it in the top 44.1%.
Is Fortive's EV-to-FCF too high?
Fortive's current EV-to-FCF of 20.02 is 16% above median its 10-year median of 17.20. Over the past 10 years, this metric has ranged from a low of 12.45 to a high of 26.54. The Hardware industry median EV-to-FCF is 24.06. Fortive's value of 20.02 is 16.8% below this industry median. Based on the distribution chart, Fortive ranks #585 out of 1327 companies in the Hardware industry, which is above the industry midpoint. Overall, Fortive has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fortive's EV-to-FCF compare to MKSI and TRMB?
According to the Hardware industry distribution chart, Fortive ranks #585 out of 1327 companies for EV-to-FCF. This puts Fortive in the upper half of its industry. The industry median EV-to-FCF is 24.06. Fortive's value of 20.02 is 16.8% below this benchmark. Historically, Fortive's own EV-to-FCF has ranged from 12.45 to 26.54 over the past decade. While the company's 10-year median is 17.20 vs. the industry median of 24.06, Fortive 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-FCF for a Hardware company?
The median EV-to-FCF among Hardware companies is 24.06, based on 1,327 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. Fortive's current EV-to-FCF of 20.02 is 16.8% 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-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 Fortive and its competitors. For the Hardware industry, the median EV-to-FCF is 24.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortive's current EV-to-FCF is 20.02, which is 16% above median its own 10-year median of 17.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortive stock overvalued right now?
Based on GuruFocus' analysis, Fortive (FTV) is currently considered Fairly Valued. The stock's GF Value™ is $59.68, compared to a current price of $60.39 — trading 1.2% above its estimated fair value. The current EV-to-FCF is 20.02, which is 16% above median its 10-year median of 17.20 and 16.8% below the Hardware industry median of 24.06. Fortive's overall GF Score™ is 75/100 with 9 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 Fortive (FTV), the current EV-to-FCF is 20.02 as of Jun. 24, 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 Fortive (FTV) Overvalued in 2026?
Based on GuruFocus' analysis, Fortive stock appears to be overvalued.
The current stock price of $60.39 is trading 1.2% above its estimated GF Value™ of $59.68.
GuruFocus considers Fortive to be Fairly Valued.
Key valuation signals for FTV:
EV-to-FCF: 20.02 (16% above median its 10-year median of 17.20)
GF Value™: $59.68 vs. price of $60.39 (1.2% above fair value)
Industry Position: 16.8% below the Hardware median (#585 of 1327)
No single metric tells the full story. See the FTV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fortive Corp is a diversified industrial technology firm offering essential technologies, software, and services globally across several industries, such as manufacturing, utilities, medical, electronics, etc. It has two reportable segments: Intelligent Operating Solutions and Advanced Healthcare Solutions. Maximum revenue is generated from the Intelligent Operating Solutions segment, which offers professional instruments used in applications like maintenance, repair, measurement, and condition monitoring, connected worker safety, compliance solutions, etc. The products and services in this segment are marketed under various brands, including Fluke, Servicechannel, Gordian, Accruent, Industrial Scientific, and Intelex. Geographically, the firm generates maximum revenue from North America.
75GF Score
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