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Dover (DOV) Net Cash per Share : $-42.48 (As of Sep. 2024)


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What is Dover Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Dover's Net Cash per Share for the quarter that ended in Sep. 2024 was $-42.48.

The historical rank and industry rank for Dover's Net Cash per Share or its related term are showing as below:

DOV's Price-to-Net-Cash is not ranked *
in the Industrial Products industry.
Industry Median: 9.46
* Ranked among companies with meaningful Price-to-Net-Cash only.

Dover Net Cash per Share Historical Data

The historical data trend for Dover's Net Cash per Share 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.

Dover Net Cash per Share Chart

Dover Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -36.31 -36.54 -40.46 -44.59 -41.77

Dover Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Cash per Share 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 -40.43 -41.77 -42.96 -40.74 -42.48

Competitive Comparison of Dover's Net Cash per Share

For the Specialty Industrial Machinery subindustry, Dover's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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's Price-to-Net-Cash Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dover's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Dover's Price-to-Net-Cash falls into.



Dover Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Dover's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(398.561-6241.908-0)/139.896
=-41.77

Dover's Net Cash per Share for the quarter that ended in Sep. 2024 is calculated as

Net Cash per Share (Q: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(386.766-6214.973-0)/137.192
=-42.48

* 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  (NYSE:DOV) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Dover Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Dover's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Dover Business Description

Traded in Other Exchanges
Address
3005 Highland Parkway, Downers Grove, IL, USA, 60515
Dover Corp is a diversified manufacturer and solutions provider delivering equipment and components, consumable supplies, aftermarket parts, software digital solutions, and support services. It operates through five segments: engineered systems, clean energy, and fueling solutions, imaging and identification, pumps and process solutions, and climate and sustainability technologies equipment.
Executives
Ivonne M Cabrera officer: SVP and General Counsel C/O DOVER CORPORATION, 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Girish Juneja officer: SVP, Chief Digital Officer 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Brad M Cerepak officer: Senior Vice President and CFO C/O DOVER CORPORATION, 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Richard J Tobin director, officer: CEO and President 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Stephen M. Todd director C/O DOVER CORPORATION, 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 606515
Anthony K Kosinski officer: Vice President, Tax 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Marc A Howze director DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
Danita K Ostling director 1665 UTICA AVENUE, ST. LOUIS PARK MN 55416
Michael Mark Manley director 1000 CHRYSLER DRIVE, CIMS 485-09-96, AUBURN HILLS MI 48326
David J. Malinas officer: SVP, Operations 36411 SOUTH PARK DRIVE, AVON OH 44011
Kristiane C Graham director C/O DOVER CORPORATION, 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Kimberly Bors officer: SVP, Human Resources C/O DOVER CORPORATION, 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
James M Moran officer: Vice President, Treasurer C/O DOVER CORPORATION, 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Ryan Paulson officer: VP, Controller 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Deborah L Dehaas director 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515