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Fortive Corp.

  • Market Cap: Mid Cap
  • Industry: Electronics & Appliances
  • ISIN: US34959J1088
USD
53.38
-0.07 (-0.13%)

Dec 04

NYS

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  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

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Comparison
Company
Score
Quality
Valuation
Financial
Technical
Coherent Corp.
KLA Corp.
Rockwell Automation, Inc.
Keysight Technologies, Inc.
Cognex Corp.
NCR Voyix Corp.
Emerson Electric Co.
Onto Innovation, Inc.
Novanta, Inc.
Fortive Corp.
Sensata Technologies Holding Plc
Why is Fortive Corp. ?
1
Poor Management Efficiency with a low ROCE of 7.69%
  • The company has been able to generate a Return on Capital Employed (avg) of 7.69% signifying low profitability per unit of total capital (equity and debt)
2
Poor long term growth as Net Sales has grown by an annual rate of -2.97% and Operating profit at 2.02% over the last 5 years
  • ROCE(HY) Lowest at 7.36%
  • OPERATING PROFIT MARGIN(Q) Lowest at 26.38 %
  • INVENTORY TURNOVER RATIO(HY) Lowest at 4.18 times
3
With ROCE of 8.86%, it has a expensive valuation with a 2.10 Enterprise value to Capital Employed
  • The stock is trading at a discount compared to its peers' average historical valuations
  • Over the past year, while the stock has generated a return of -9.70%, its profits have fallen by -8.3%
4
Consistent Underperformance against the benchmark over the last 3 years
  • Along with generating -9.70% returns in the last 1 year, the stock has also underperformed S&P 500 in each of the last 3 annual periods
stock-recommendationReal-Time Research Report
Verdict Report
How much should you sell?
  1. All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electronics & Appliances)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Fortive Corp. for you?

Medium Risk, Low Return

Absolute
Risk Adjusted
Volatility
Fortive Corp.
-10.11%
-0.71
37.70%
S&P 500
13.22%
0.64
20.20%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors
Factor
Value
Sales Growth (5y)
-2.97%
EBIT Growth (5y)
2.02%
EBIT to Interest (avg)
7.91
Debt to EBITDA (avg)
1.83
Net Debt to Equity (avg)
0.29
Sales to Capital Employed (avg)
0.44
Tax Ratio
14.90%
Dividend Payout Ratio
13.55%
Pledged Shares
0
Institutional Holding
100.00%
ROCE (avg)
7.69%
ROE (avg)
7.44%
stock-recommendationValuation
Valuation Scorecard stock-summary
stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary
Factor
Value
P/E Ratio
30
Industry P/E
Price to Book Value
2.42
EV to EBIT
23.74
EV to EBITDA
16.23
EV to Capital Employed
2.10
EV to Sales
4.50
PEG Ratio
NA
Dividend Yield
34.15%
ROCE (Latest)
8.86%
ROE (Latest)
8.06%
stock-recommendationTechnicals
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
No Trend
Mildly Bearish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
Analyse All Technical Factors stock-recommendation
stock-recommendationFinancial Trend
Financial Trend Scorecard stock-summary
stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

5What is working for the Company
OPERATING CASH FLOW(Y)

Highest at USD 1,514.1 MM

DIVIDEND PAYOUT RATIO(Y)

Highest at 16.41%

RAW MATERIAL COST(Y)

Fallen by 1.41% (YoY

-6What is not working for the Company
ROCE(HY)

Lowest at 7.36%

OPERATING PROFIT MARGIN(Q)

Lowest at 26.38 %

INVENTORY TURNOVER RATIO(HY)

Lowest at 4.18 times

EPS(Q)

Lowest at USD 0.49

Here's what is working for Fortive Corp.
Operating Cash Flow
Highest at USD 1,514.1 MM and Grown
In each year in the last three years
MOJO Watch
The company has generated higher cash revenues from business operations

Operating Cash Flows (USD MM)

Dividend Payout Ratio
Highest at 16.41%
in the last five years
MOJO Watch
Company is distributing higher proportion of profits generated as dividend

DPR (%)

Raw Material Cost
Fallen by 1.41% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin

Raw Material Cost as a percentage of Sales

Depreciation
Highest at USD 137.5 MM
in the last five periods
MOJO Watch
The expenditure on assets done by the company may have gone into operation

Depreciation (USD MM)

Here's what is not working for Fortive Corp.
Operating Profit Margin
Lowest at 26.38 % and Fallen
In each period in the last five periods
MOJO Watch
Company's profit margin has deteriorated

Operating Profit to Sales

EPS
Lowest at USD 0.49
in the last five periods
MOJO Watch
Declining profitability; company has created lower earnings for shareholders

EPS (USD)

Inventory Turnover Ratio
Lowest at 4.18 times
in the last five Semi-Annual periods
MOJO Watch
Company's pace of selling inventory has slowed

Inventory Turnover Ratio

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