Fortive Corporation owns and operates industrial units that manufacture testing and measurement equipment. The company was incorporated in 2015 and is based in Everett, Washington.
FTV Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Fortive Corp. To summarize, we found that Fortive Corp ranked in the 40th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. As for the metrics that stood out in our discounted cash flow analysis of Fortive Corp, consider:
Fortive Corp's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 6.41. This coverage rate is greater than that of 60.81% of stocks we're observing for the purpose of forecasting via discounted cash flows.
The weighted average cost of capital for the company is 7. This value is greater than just 9.75% stocks in the Technology sector that generate free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Fortive Corp? See ACN, DBX, ROG, TXN, and FLIR.