Analyzing the Quality Characteristics of FORTIVE CORP (NYSE:FTV).

In this article we will dive into FORTIVE CORP (NYSE:FTV) as a possible candidate for quality investing. Investors should always do their own research, but we noticed FORTIVE CORP showing up in our Caviar Cruise quality screen, which makes it worth to investigate a bit more.

Why NYSE:FTV may be interesting for quality investors.

• The 5-year revenue growth of FORTIVE CORP has been remarkable, with 6.43% increase. This showcases the company's strong performance in driving revenue growth and indicates its competitiveness within the market.
• FORTIVE CORP demonstrates impressive performance in terms of ROIC excluding cash and goodwill, with a 217.0% ratio. This highlights the company's efficient utilization of capital and its focus on maximizing returns for investors.
• FORTIVE CORP maintains a healthy Debt/Free Cash Flow Ratio of 2.64, indicating a strong financial position and prudent debt management. This ratio suggests the company has sufficient free cash flow to cover its debt obligations and highlights its ability to generate cash from operations.
• With a robust Profit Quality (5-year) ratio of 144.0%, FORTIVE CORP highlights its ability to consistently generate high-quality profits. This metric reflects the company's effective management and operational excellence in delivering reliable earnings over the long term.
• The 5-year EBIT growth of FORTIVE CORP has been remarkable, with 18.93% increase. This demonstrates the company's ability to improve its operational efficiency and indicates its competitiveness within the market.
• With EBIT 5-year growth outpacing its Revenue 5-year growth, FORTIVE CORP showcases its effective cost management and enhanced operational performance. This suggests the company's ability to generate higher earnings from its revenue streams.

How does the complete fundamental picture look for NYSE:FTV?

At ChartMill, a crucial aspect of their analysis is the assignment of a Fundamental Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous fundamental indicators and properties.

Overall FTV gets a fundamental rating of 6 out of 10. We evaluated FTV against 128 industry peers in the Machinery industry. While FTV belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. FTV has a correct valuation and a medium growth rate.

Our latest full fundamental report of FTV contains the most current fundamental analsysis.

Our Caviar Cruise screen will find you more ideas suited for quality investing.

Disclaimer

This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.