Fortive Corporation (FTV)
Fortive Statistics
Share Statistics
Fortive has 339.88M shares outstanding. The number of shares has increased by -3.33% in one year.
| Shares Outstanding | 339.88M |
| Shares Change (YoY) | -3.33% |
| Shares Change (QoQ) | -1.92% |
| Owned by Institutions (%) | 94.82% |
| Shares Floating | 338.25M |
| Failed to Deliver (FTD) Shares | 978 |
| FTD / Avg. Volume | 0.03% |
Short Selling Information
The latest short interest is 6.64M, so 1.95% of the outstanding shares have been sold short.
| Short Interest | 6.64M |
| Short % of Shares Out | 1.95% |
| Short % of Float | 2.58% |
| Short Ratio (days to cover) | 1.64 |
Valuation Ratios
The PE ratio is 31.44 and the forward PE ratio is 15.77. Fortive's PEG ratio is -11.05.
| PE Ratio | 31.44 |
| Forward PE | 15.77 |
| PS Ratio | 4.2 |
| Forward PS | 3.1 |
| PB Ratio | 2.57 |
| P/FCF Ratio | 18.62 |
| PEG Ratio | -11.05 |
Enterprise Valuation
Fortive has an Enterprise Value (EV) of 29.25B.
| EV / Sales | 4.69 |
| EV / EBITDA | 17.56 |
| EV / EBIT | 19.16 |
| EV / FCF | 20.8 |
Financial Position
The company has a current ratio of 1.16, with a Debt / Equity ratio of 0.38.
| Current Ratio | 1.16 |
| Quick Ratio | 0.91 |
| Debt / Equity | 0.38 |
| Debt / EBITDA | 2.33 |
| Debt / FCF | 2.76 |
| Interest Coverage | 7.9 |
Financial Efficiency
Return on Equity is 8.17% and Return on Invested Capital is 6.82%.
| Return on Equity | 8.17% |
| Return on Assets | 4.89% |
| Return on Invested Capital | 6.82% |
| Revenue Per Employee | $346.21K |
| Profits Per Employee | $46.27K |
| Employee Count | 18,000 |
| Asset Turnover | 0.37 |
| Inventory Turnover | 4.59 |
Taxes
| Income Tax | 136.7M |
| Effective Tax Rate | 14.1% |
Stock Price Statistics
The stock price has increased by -12.35% in the last 52 weeks. The beta is 1.17, so Fortive's price volatility has been higher than the market average.
| Beta | 1.17 |
| 52-Week Price Change | -12.35% |
| 50-Day Moving Average | 72.27 |
| 200-Day Moving Average | 74.8 |
| Relative Strength Index (RSI) | 43.82 |
| Average Volume (20 Days) | 2.86M |
Income Statement
In the last 12 months, Fortive had revenue of 6.23B and earned 832.9M in profits. Earnings per share was 2.39.
| Revenue | 6.23B |
| Gross Profit | 3.73B |
| Operating Income | 1.21B |
| Net Income | 832.9M |
| EBITDA | 1.67B |
| EBIT | 1.12B |
| Earnings Per Share (EPS) | 2.39 |
Balance Sheet
The company has 813.3M in cash and 3.88B in debt, giving a net cash position of -3.06B.
| Cash & Cash Equivalents | 813.3M |
| Total Debt | 3.88B |
| Net Cash | -3.06B |
| Retained Earnings | 8.23B |
| Total Assets | 17.02B |
| Working Capital | 353.9M |
Cash Flow
In the last 12 months, operating cash flow was 1.53B and capital expenditures -120.4M, giving a free cash flow of 1.41B.
| Operating Cash Flow | 1.53B |
| Capital Expenditures | -120.4M |
| Free Cash Flow | 1.41B |
| FCF Per Share | 4.03 |
Margins
Gross margin is 59.87%, with operating and profit margins of 19.36% and 13.37%.
| Gross Margin | 59.87% |
| Operating Margin | 19.36% |
| Pretax Margin | 15.56% |
| Profit Margin | 13.37% |
| EBITDA Margin | 26.74% |
| EBIT Margin | 19.36% |
| FCF Margin | 22.57% |
Dividends & Yields
FTV pays an annual dividend of $0.4, which amounts to a dividend yield of 0.46%.
| Dividend Per Share | $0.40 |
| Dividend Yield | 0.46% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 16.95% |
| Earnings Yield | 3.18% |
| FCF Yield | 5.37% |
Analyst Forecast
The average price target for FTV is $85, which is 27.4% higher than the current price. The consensus rating is "Buy".
| Price Target | $85 |
| Price Target Difference | 27.4% |
| Analyst Consensus | Buy |
| Analyst Count | 13 |
Stock Splits
The last stock split was on Oct 9, 2020. It was a forward split with a ratio of 239:200.
| Last Split Date | Oct 9, 2020 |
| Split Type | forward |
| Split Ratio | 239:200 |
Scores
| Altman Z-Score | 3.34 |
| Piotroski F-Score | 8 |