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:
We started the process of determining a valid price forecast for Fortive Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Fortive Corp ranked in the 40th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. In terms of the factors that were most noteworthy in this DCF analysis for FTV, they are:
Fortive Corp's weighted average cost of capital (WACC) is 7%; for context, that number is higher than merely 24.94% of tickers in our DCF set.
Relative to other stocks in its sector (Technology), Fortive Corp has a reliance on debt greater than 69.26% of them.
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 MTLS, STM, CCMP, EXLS, and FLIR.
Technavio has been monitoring the 5G testing equipment and it is poised to grow by USD 263.66 million during 2020-2024, progressing at a CAGR of about 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200630005673/en/ Technavio has announced its latest market research report titled Global 5G Testing Equipment Market 2020-2024 (Graphic: Business Wire). Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19 . Please Request Free Sample Report on COVID-19 Impact The market is fragmented, and the de...
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) announced that President and Chief Executive Officer, James A. Lico and Senior Vice President and Chief Financial Officer, Chuck McLaughlin, will participate in a fireside chat hosted by Barclays on Tuesday, June 16, 2020 at 12:30 p.m. ET. The audio will be simultaneously webcast and will be archived on www.fortive.com. ABOUT FORTIVE Fortive is a diversified industrial technology growth company comprised of Professiona