DOVER CORP (DOV) Fundamental Analysis & Valuation
NYSE:DOV • US2600031080
Current stock price
205.38 USD
-1.92 (-0.93%)
At close:
205.38 USD
0 (0%)
After Hours:
This DOV fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. DOV Profitability Analysis
1.1 Basic Checks
- DOV had positive earnings in the past year.
- DOV had a positive operating cash flow in the past year.
- DOV had positive earnings in each of the past 5 years.
- In the past 5 years DOV always reported a positive cash flow from operatings.
1.2 Ratios
- DOV has a Return On Assets of 8.15%. This is in the better half of the industry: DOV outperforms 74.81% of its industry peers.
- Looking at the Return On Equity, with a value of 14.77%, DOV is in the better half of the industry, outperforming 74.05% of the companies in the same industry.
- DOV has a Return On Invested Capital of 10.46%. This is in the better half of the industry: DOV outperforms 77.10% of its industry peers.
- DOV had an Average Return On Invested Capital over the past 3 years of 10.37%. This is in line with the industry average of 10.17%.
- The last Return On Invested Capital (10.46%) for DOV is above the 3 year average (10.37%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.15% | ||
| ROE | 14.77% | ||
| ROIC | 10.46% |
ROA(3y)13.01%
ROA(5y)11.92%
ROE(3y)24.75%
ROE(5y)25.19%
ROIC(3y)10.37%
ROIC(5y)11.11%
1.3 Margins
- DOV's Profit Margin of 13.52% is amongst the best of the industry. DOV outperforms 81.68% of its industry peers.
- In the last couple of years the Profit Margin of DOV has grown nicely.
- Looking at the Operating Margin, with a value of 17.67%, DOV belongs to the top of the industry, outperforming 81.68% of the companies in the same industry.
- DOV's Operating Margin has improved in the last couple of years.
- Looking at the Gross Margin, with a value of 40.16%, DOV is in the better half of the industry, outperforming 73.28% of the companies in the same industry.
- In the last couple of years the Gross Margin of DOV has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.67% | ||
| PM (TTM) | 13.52% | ||
| GM | 40.16% |
OM growth 3Y1.9%
OM growth 5Y3.86%
PM growth 3Y-0.16%
PM growth 5Y5.74%
GM growth 3Y2.66%
GM growth 5Y1.49%
2. DOV Health Analysis
2.1 Basic Checks
- DOV has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- DOV has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, DOV has less shares outstanding
- The debt/assets ratio for DOV is higher compared to a year ago.
2.2 Solvency
- An Altman-Z score of 5.38 indicates that DOV is not in any danger for bankruptcy at the moment.
- DOV has a better Altman-Z score (5.38) than 79.39% of its industry peers.
- DOV has a debt to FCF ratio of 2.99. This is a good value and a sign of high solvency as DOV would need 2.99 years to pay back of all of its debts.
- DOV has a better Debt to FCF ratio (2.99) than 70.99% of its industry peers.
- DOV has a Debt/Equity ratio of 0.35. This is a healthy value indicating a solid balance between debt and equity.
- The Debt to Equity ratio of DOV (0.35) is better than 62.60% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 2.99 | ||
| Altman-Z | 5.38 |
ROIC/WACC1.05
WACC9.96%
2.3 Liquidity
- DOV has a Current Ratio of 1.79. This is a normal value and indicates that DOV is financially healthy and should not expect problems in meeting its short term obligations.
- Looking at the Current ratio, with a value of 1.79, DOV is doing worse than 61.83% of the companies in the same industry.
- A Quick Ratio of 1.28 indicates that DOV should not have too much problems paying its short term obligations.
- DOV has a Quick ratio of 1.28. This is comparable to the rest of the industry: DOV outperforms 53.44% of its industry peers.
- DOV does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.79 | ||
| Quick Ratio | 1.28 |
3. DOV Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an nice 9.57% over the past year.
- DOV shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.15% yearly.
- Looking at the last year, DOV shows a decrease in Revenue. The Revenue has decreased by -1.14% in the last year.
- Measured over the past years, DOV shows a small growth in Revenue. The Revenue has been growing by 3.90% on average per year.
EPS 1Y (TTM)9.57%
EPS 3Y4.38%
EPS 5Y11.15%
EPS Q2Q%14.09%
Revenue 1Y (TTM)-1.14%
Revenue growth 3Y1.04%
Revenue growth 5Y3.9%
Sales Q2Q%8.77%
3.2 Future
- DOV is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.55% yearly.
- DOV is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.98% yearly.
EPS Next Y10.63%
EPS Next 2Y9.57%
EPS Next 3Y9.3%
EPS Next 5Y6.55%
Revenue Next Year6.09%
Revenue Next 2Y5.29%
Revenue Next 3Y4.97%
Revenue Next 5Y4.98%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. DOV Valuation Analysis
4.1 Price/Earnings Ratio
- DOV is valuated rather expensively with a Price/Earnings ratio of 21.35.
- Based on the Price/Earnings ratio, DOV is valued a bit cheaper than 64.89% of the companies in the same industry.
- DOV is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 25.60, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 19.30, DOV is valued on the expensive side.
- DOV's Price/Forward Earnings ratio is in line with the industry average.
- When comparing the Price/Forward Earnings ratio of DOV to the average of the S&P500 Index (22.84), we can say DOV is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.35 | ||
| Fwd PE | 19.3 |
4.2 Price Multiples
- DOV's Enterprise Value to EBITDA is on the same level as the industry average.
- Based on the Price/Free Cash Flow ratio, DOV is valued a bit cheaper than the industry average as 60.31% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.88 | ||
| EV/EBITDA | 16.22 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- The excellent profitability rating of DOV may justify a higher PE ratio.
PEG (NY)2.01
PEG (5Y)1.91
EPS Next 2Y9.57%
EPS Next 3Y9.3%
5. DOV Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 1.01%, DOV has a reasonable but not impressive dividend return.
- DOV's Dividend Yield is a higher than the industry average which is at 1.21.
- With a Dividend Yield of 1.01, DOV pays less dividend than the S&P500 average, which is at 1.90.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.01% |
5.2 History
- The dividend of DOV has a limited annual growth rate of 1.05%.
- DOV has been paying a dividend for at least 10 years, so it has a reliable track record.
- DOV has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)1.05%
Div Incr Years34
Div Non Decr Years34
5.3 Sustainability
- 25.87% of the earnings are spent on dividend by DOV. This is a low number and sustainable payout ratio.
- DOV's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP25.87%
EPS Next 2Y9.57%
EPS Next 3Y9.3%
DOV Fundamentals: All Metrics, Ratios and Statistics
205.38
-1.92 (-0.93%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)01-29 2026-01-29/bmo
Earnings (Next)04-23 2026-04-23
Inst Owners92.18%
Inst Owner Change1.34%
Ins Owners1.05%
Ins Owner Change2.7%
Market Cap27.70B
Revenue(TTM)8.09B
Net Income(TTM)1.09B
Analysts77.69
Price Target233.28 (13.58%)
Short Float %2.22%
Short Ratio2.17
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.01% |
Yearly Dividend2.08
Dividend Growth(5Y)1.05%
DP25.87%
Div Incr Years34
Div Non Decr Years34
Ex-Date02-27 2026-02-27 (0.52)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.73%
Min EPS beat(2)0.03%
Max EPS beat(2)3.42%
EPS beat(4)4
Avg EPS beat(4)1.74%
Min EPS beat(4)0.03%
Max EPS beat(4)3.42%
EPS beat(8)7
Avg EPS beat(8)2.37%
EPS beat(12)9
Avg EPS beat(12)0.94%
EPS beat(16)12
Avg EPS beat(16)1.14%
Revenue beat(2)0
Avg Revenue beat(2)-1.36%
Min Revenue beat(2)-2.54%
Max Revenue beat(2)-0.19%
Revenue beat(4)0
Avg Revenue beat(4)-1.18%
Min Revenue beat(4)-2.54%
Max Revenue beat(4)-0.19%
Revenue beat(8)2
Avg Revenue beat(8)-1.03%
Revenue beat(12)2
Avg Revenue beat(12)-1.82%
Revenue beat(16)3
Avg Revenue beat(16)-1.52%
PT rev (1m)2.16%
PT rev (3m)7.17%
EPS NQ rev (1m)0.03%
EPS NQ rev (3m)-4.13%
EPS NY rev (1m)0.05%
EPS NY rev (3m)0.38%
Revenue NQ rev (1m)0.05%
Revenue NQ rev (3m)-0.83%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)0.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.35 | ||
| Fwd PE | 19.3 | ||
| P/S | 3.42 | ||
| P/FCF | 24.88 | ||
| P/OCF | 20.77 | ||
| P/B | 3.74 | ||
| P/tB | 128.51 | ||
| EV/EBITDA | 16.22 |
EPS(TTM)9.62
EY4.68%
EPS(NY)10.64
Fwd EY5.18%
FCF(TTM)8.25
FCFY4.02%
OCF(TTM)9.89
OCFY4.81%
SpS60
BVpS54.91
TBVpS1.6
PEG (NY)2.01
PEG (5Y)1.91
Graham Number109.02
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.15% | ||
| ROE | 14.77% | ||
| ROCE | 13.12% | ||
| ROIC | 10.46% | ||
| ROICexc | 12.36% | ||
| ROICexgc | 55.99% | ||
| OM | 17.67% | ||
| PM (TTM) | 13.52% | ||
| GM | 40.16% | ||
| FCFM | 13.76% |
ROA(3y)13.01%
ROA(5y)11.92%
ROE(3y)24.75%
ROE(5y)25.19%
ROIC(3y)10.37%
ROIC(5y)11.11%
ROICexc(3y)11.88%
ROICexc(5y)12.24%
ROICexgc(3y)48.57%
ROICexgc(5y)48.26%
ROCE(3y)13.23%
ROCE(5y)14.37%
ROICexgc growth 3Y9.86%
ROICexgc growth 5Y4.59%
ROICexc growth 3Y0.1%
ROICexc growth 5Y1.81%
OM growth 3Y1.9%
OM growth 5Y3.86%
PM growth 3Y-0.16%
PM growth 5Y5.74%
GM growth 3Y2.66%
GM growth 5Y1.49%
F-Score6
Asset Turnover0.6
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 2.99 | ||
| Debt/EBITDA | 1.45 | ||
| Cap/Depr | 58.03% | ||
| Cap/Sales | 2.72% | ||
| Interest Coverage | 13.77 | ||
| Cash Conversion | 73.69% | ||
| Profit Quality | 101.77% | ||
| Current Ratio | 1.79 | ||
| Quick Ratio | 1.28 | ||
| Altman-Z | 5.38 |
F-Score6
WACC9.96%
ROIC/WACC1.05
Cap/Depr(3y)55.91%
Cap/Depr(5y)59.65%
Cap/Sales(3y)2.42%
Cap/Sales(5y)2.43%
Profit Quality(3y)77.47%
Profit Quality(5y)74.45%
High Growth Momentum
Growth
EPS 1Y (TTM)9.57%
EPS 3Y4.38%
EPS 5Y11.15%
EPS Q2Q%14.09%
EPS Next Y10.63%
EPS Next 2Y9.57%
EPS Next 3Y9.3%
EPS Next 5Y6.55%
Revenue 1Y (TTM)-1.14%
Revenue growth 3Y1.04%
Revenue growth 5Y3.9%
Sales Q2Q%8.77%
Revenue Next Year6.09%
Revenue Next 2Y5.29%
Revenue Next 3Y4.97%
Revenue Next 5Y4.98%
EBIT growth 1Y5%
EBIT growth 3Y2.96%
EBIT growth 5Y7.91%
EBIT Next Year31.05%
EBIT Next 3Y13.08%
EBIT Next 5Y9.12%
FCF growth 1Y91.67%
FCF growth 3Y23.25%
FCF growth 5Y3.46%
OCF growth 1Y78.2%
OCF growth 3Y18.29%
OCF growth 5Y3.84%
DOVER CORP / DOV Fundamental Analysis FAQ
What is the fundamental rating for DOV stock?
ChartMill assigns a fundamental rating of 6 / 10 to DOV.
What is the valuation status of DOVER CORP (DOV) stock?
ChartMill assigns a valuation rating of 4 / 10 to DOVER CORP (DOV). This can be considered as Fairly Valued.
How profitable is DOVER CORP (DOV) stock?
DOVER CORP (DOV) has a profitability rating of 8 / 10.
What is the financial health of DOVER CORP (DOV) stock?
The financial health rating of DOVER CORP (DOV) is 7 / 10.
How sustainable is the dividend of DOVER CORP (DOV) stock?
The dividend rating of DOVER CORP (DOV) is 6 / 10 and the dividend payout ratio is 25.87%.