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:
Below please find a table outlining a discounted cash flow forecast for FTV, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Fortive Corp ranked in the 50th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. As for the metrics that stood out in our discounted cash flow analysis of Fortive Corp, consider:
The company's balance sheet shows it gets 79% of its capital from equity, and 21% of its capital from debt. Its equity weight surpasses that of merely 22.02% of free cash flow generating stocks in the Technology sector.
Fortive Corp's weighted average cost of capital (WACC) is 8%; for context, that number is higher than merely 17.59% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as FTV, try AMZN, FISV, IIVI, INOD, and ZBRA.
In this article we are going to list the 15 largest industrial companies in the US. Click to skip ahead and jump to the 5 largest industrial companies in the US. Before we get started, let’s first try to understand what an industrial company is. After all, all companies operate in either individual or multiple […]
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that it will webcast its earnings conference call for the fourth quarter 2020 on Thursday, February 4, 2021 beginning at 5:30 p.m. ET and lasting approximately 1 hour. The call and an accompanying slide presentation will be webcast on the "Investors" section of Fortive’s website, www.fortive.com, under "Events & Presentations." A replay of the webcast will be available at the same location shortly a
RALEIGH, N.C.--(BUSINESS WIRE)--Vontier Corporation (“Vontier”) (NYSE: VNT) today announced the pricing of its previously announced underwritten offering of 33,507,410 shares of its common stock, representing all of the shares of Vontier common stock currently owned by Fortive Corporation (“Fortive”), Vontier’s former parent company, at a price to the public of $33.50 per share. Fortive has agreed to exchange all of the shares of Vontier common stock to be sold in the offering for indebtedness
RALEIGH, N.C.--(BUSINESS WIRE)--Vontier Corporation (“Vontier”) (NYSE: VNT) today announced the commencement of an underwritten offering of 33,507,410 shares of its common stock, representing all of the shares of Vontier common stock currently owned by Fortive Corporation (“Fortive”), Vontier’s former parent company. Vontier is not selling any shares and will not receive any proceeds from the sale of the shares in the offering or the debt-for-equity exchange (as described below). Prior to the c