DOVER CORP (DOV) Fundamental Analysis & Valuation

NYSE:DOV • US2600031080

Current stock price

203.93 USD
+0.13 (+0.06%)
At close:
200.861 USD
-3.07 (-1.5%)
After Hours:

This DOV fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

8

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.
  • Each year in the past 5 years DOV has been profitable.
  • In the past 5 years DOV always reported a positive cash flow from operatings.
DOV Yearly Net Income VS EBIT VS OCF VS FCFDOV Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B

1.2 Ratios

  • The Return On Assets of DOV (8.15%) is better than 75.57% of its industry peers.
  • With a decent Return On Equity value of 14.77%, DOV is doing good in the industry, outperforming 74.05% of the companies in the same industry.
  • DOV has a better Return On Invested Capital (10.46%) than 76.34% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for DOV is in line with the industry average of 10.16%.
  • 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 RankSector 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%
DOV Yearly ROA, ROE, ROICDOV Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30

1.3 Margins

  • Looking at the Profit Margin, with a value of 13.52%, DOV belongs to the top of the industry, outperforming 82.44% of the companies in the same industry.
  • 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.
  • DOV's Gross Margin of 40.16% is fine compared to the rest of the industry. DOV outperforms 74.05% of its industry peers.
  • DOV's Gross Margin has been stable in the last couple of years.
Industry RankSector 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%
DOV Yearly Profit, Operating, Gross MarginsDOV Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

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7

2. DOV Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), DOV is creating some value.
  • The number of shares outstanding for DOV has been reduced compared to 1 year ago.
  • DOV has less shares outstanding than it did 5 years ago.
  • DOV has a worse debt/assets ratio than last year.
DOV Yearly Shares OutstandingDOV Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M
DOV Yearly Total Debt VS Total AssetsDOV Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

2.2 Solvency

  • An Altman-Z score of 5.36 indicates that DOV is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 5.36, DOV is in the better half of the industry, outperforming 77.86% of the companies in the same industry.
  • The Debt to FCF ratio of DOV is 2.99, which is a good value as it means it would take DOV, 2.99 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of DOV (2.99) is better than 70.23% of its industry peers.
  • A Debt/Equity ratio of 0.35 indicates that DOV is not too dependend on debt financing.
  • DOV's Debt to Equity ratio of 0.35 is fine compared to the rest of the industry. DOV outperforms 61.07% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.35
Debt/FCF 2.99
Altman-Z 5.36
ROIC/WACC1.14
WACC9.19%
DOV Yearly LT Debt VS Equity VS FCFDOV Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

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.
  • DOV has a worse Current ratio (1.79) than 61.83% of its industry peers.
  • A Quick Ratio of 1.28 indicates that DOV should not have too much problems paying its short term obligations.
  • The Quick ratio of DOV (1.28) is comparable to the rest of the industry.
  • The current and quick ratio evaluation for DOV is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
Industry RankSector Rank
Current Ratio 1.79
Quick Ratio 1.28
DOV Yearly Current Assets VS Current LiabilitesDOV Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. DOV Growth Analysis

3.1 Past

  • DOV shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.57%, which is quite good.
  • DOV shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.15% yearly.
  • DOV shows a decrease in Revenue. In the last year, the revenue decreased by -1.14%.
  • 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

  • Based on estimates for the next years, DOV will show a small growth in Earnings Per Share. The EPS will grow by 6.55% on average per year.
  • 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 Year6.11%
Revenue Next 2Y5.25%
Revenue Next 3Y4.88%
Revenue Next 5Y4.98%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
DOV Yearly Revenue VS EstimatesDOV Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2B 4B 6B 8B 10B
DOV Yearly EPS VS EstimatesDOV Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2 4 6 8 10

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4

4. DOV Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 21.20, the valuation of DOV can be described as rather expensive.
  • 66.41% of the companies in the same industry are more expensive than DOV, based on the Price/Earnings ratio.
  • The average S&P500 Price/Earnings ratio is at 25.70. DOV is around the same levels.
  • Based on the Price/Forward Earnings ratio of 19.16, the valuation of DOV can be described as rather expensive.
  • Based on the Price/Forward Earnings ratio, DOV is valued a bit cheaper than the industry average as 61.83% of the companies are valued more expensively.
  • DOV's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.84.
Industry RankSector Rank
PE 21.2
Fwd PE 19.16
DOV Price Earnings VS Forward Price EarningsDOV Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

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 61.07% of the companies in the same industry.
Industry RankSector Rank
P/FCF 24.7
EV/EBITDA 16.1
DOV Per share dataDOV EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates DOV does not grow enough to justify the current Price/Earnings ratio.
  • The excellent profitability rating of DOV may justify a higher PE ratio.
PEG (NY)1.99
PEG (5Y)1.9
EPS Next 2Y9.57%
EPS Next 3Y9.3%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. DOV Dividend Analysis

5.1 Amount

  • DOV has a Yearly Dividend Yield of 1.02%.
  • DOV's Dividend Yield is a higher than the industry average which is at 1.16.
  • With a Dividend Yield of 1.02, DOV pays less dividend than the S&P500 average, which is at 1.89.
Industry RankSector Rank
Dividend Yield 1.02%

5.2 History

  • The dividend of DOV has a limited annual growth rate of 1.05%.
  • DOV has paid a dividend for at least 10 years, which is a reliable track record.
  • DOV has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)1.05%
Div Incr Years34
Div Non Decr Years34
DOV Yearly Dividends per shareDOV Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5 2

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 Yearly Income VS Free CF VS DividendDOV Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B
DOV Dividend Payout.DOV Dividend Payout, showing the Payout Ratio.DOV Dividend Payout.PayoutRetained Earnings

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DOV Fundamentals: All Metrics, Ratios and Statistics

DOVER CORP

NYSE:DOV (3/13/2026, 8:21:28 PM)

After market: 200.861 -3.07 (-1.5%)

203.93

+0.13 (+0.06%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)01-29
Earnings (Next)04-22
Inst Owners92.18%
Inst Owner Change1.34%
Ins Owners1.05%
Ins Owner Change3.13%
Market Cap27.50B
Revenue(TTM)8.09B
Net Income(TTM)1.09B
Analysts77.6
Price Target228.34 (11.97%)
Short Float %2.6%
Short Ratio2.75
Dividend
Industry RankSector Rank
Dividend Yield 1.02%
Yearly Dividend2.08
Dividend Growth(5Y)1.05%
DP25.87%
Div Incr Years34
Div Non Decr Years34
Ex-Date02-27
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)1.13%
PT rev (3m)5.36%
EPS NQ rev (1m)0.03%
EPS NQ rev (3m)-3.96%
EPS NY rev (1m)0.05%
EPS NY rev (3m)0.49%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.03%
Revenue NY rev (1m)0.16%
Revenue NY rev (3m)0.63%
Valuation
Industry RankSector Rank
PE 21.2
Fwd PE 19.16
P/S 3.4
P/FCF 24.7
P/OCF 20.62
P/B 3.71
P/tB 127.6
EV/EBITDA 16.1
EPS(TTM)9.62
EY4.72%
EPS(NY)10.64
Fwd EY5.22%
FCF(TTM)8.25
FCFY4.05%
OCF(TTM)9.89
OCFY4.85%
SpS60
BVpS54.91
TBVpS1.6
PEG (NY)1.99
PEG (5Y)1.9
Graham Number109.02
Profitability
Industry RankSector 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 RankSector 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 5.36
F-Score6
WACC9.19%
ROIC/WACC1.14
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 Year6.11%
Revenue Next 2Y5.25%
Revenue Next 3Y4.88%
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.


What is the profitability of DOV stock?

DOVER CORP (DOV) has a profitability rating of 8 / 10.


What is the valuation of DOVER CORP based on its PE and PB ratios?

The Price/Earnings (PE) ratio for DOVER CORP (DOV) is 21.2 and the Price/Book (PB) ratio is 3.71.


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%.