DOVER CORP (DOV) Stock Fundamental Analysis
NYSE:DOV - US2600031080 - Common Stock
175.08 USD
-3.78 (-2.11%)
We assign a fundamental rating of 6 out of 10 to DOV. DOV was compared to 128 industry peers in the Machinery industry. DOV has an excellent profitability rating, but there are some minor concerns on its financial health. DOV has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
DOV had positive earnings in the past year.
In the past year DOV had a positive cash flow from operations.
In the past 5 years DOV has always been profitable.
DOV had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of DOV (17.42%) is better than 97.66% of its industry peers.
Looking at the Return On Equity, with a value of 30.81%, DOV belongs to the top of the industry, outperforming 95.31% of the companies in the same industry.
DOV has a Return On Invested Capital of 10.00%. This is in the better half of the industry: DOV outperforms 70.31% of its industry peers.
DOV had an Average Return On Invested Capital over the past 3 years of 10.97%. This is in line with the industry average of 9.99%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.42% | ||
| ROE | 30.81% | ||
| ROIC | 10% |
ROA(3y)13.55%
ROA(5y)11.78%
ROE(3y)28.11%
ROE(5y)26.27%
ROIC(3y)10.97%
ROIC(5y)11.33%
1.3 Margins
DOV has a better Profit Margin (29.29%) than 100.00% of its industry peers.
DOV's Profit Margin has improved in the last couple of years.
The Operating Margin of DOV (17.16%) is better than 79.69% of its industry peers.
DOV's Operating Margin has improved in the last couple of years.
DOV has a Gross Margin of 39.67%. This is in the better half of the industry: DOV outperforms 71.88% of its industry peers.
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 | 17.16% | ||
| PM (TTM) | 29.29% | ||
| GM | 39.67% |
OM growth 3Y-0.14%
OM growth 5Y2.31%
PM growth 3Y34.81%
PM growth 5Y29.67%
GM growth 3Y0.85%
GM growth 5Y0.98%
2. Health
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.
The number of shares outstanding for DOV has been reduced compared to 5 years ago.
The debt/assets ratio for DOV has been reduced compared to a year ago.
2.2 Solvency
DOV has an Altman-Z score of 5.16. This indicates that DOV is financially healthy and has little risk of bankruptcy at the moment.
DOV has a Altman-Z score of 5.16. This is in the better half of the industry: DOV outperforms 78.91% of its industry peers.
DOV has a debt to FCF ratio of 5.52. This is a neutral value as DOV would need 5.52 years to pay back of all of its debts.
With a Debt to FCF ratio value of 5.52, DOV perfoms like the industry average, outperforming 46.09% of the companies in the same industry.
DOV has a Debt/Equity ratio of 0.36. This is a healthy value indicating a solid balance between debt and equity.
DOV's Debt to Equity ratio of 0.36 is fine compared to the rest of the industry. DOV outperforms 60.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 5.52 | ||
| Altman-Z | 5.16 |
ROIC/WACC0.99
WACC10.11%
2.3 Liquidity
DOV has a Current Ratio of 1.95. 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 Current ratio of 1.95. This is comparable to the rest of the industry: DOV outperforms 46.88% of its industry peers.
DOV has a Quick Ratio of 1.35. 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 Quick ratio (1.35) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.95 | ||
| Quick Ratio | 1.35 |
3. Growth
3.1 Past
DOV shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -1.65%.
The Earnings Per Share has been growing by 8.13% on average over the past years. This is quite good.
Looking at the last year, DOV shows a decrease in Revenue. The Revenue has decreased by -8.23% in the last year.
Measured over the past years, DOV shows a small growth in Revenue. The Revenue has been growing by 1.65% on average per year.
EPS 1Y (TTM)-1.65%
EPS 3Y4.79%
EPS 5Y8.13%
EPS Q2Q%3.39%
Revenue 1Y (TTM)-8.23%
Revenue growth 3Y-0.68%
Revenue growth 5Y1.65%
Sales Q2Q%-5.91%
3.2 Future
The Earnings Per Share is expected to grow by 5.98% on average over the next years.
DOV is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.13% yearly.
EPS Next Y9.08%
EPS Next 2Y9.33%
EPS Next 3Y8.17%
EPS Next 5Y5.98%
Revenue Next Year4.17%
Revenue Next 2Y4.73%
Revenue Next 3Y4.49%
Revenue Next 5Y4.13%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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. Valuation
4.1 Price/Earnings Ratio
DOV is valuated rather expensively with a Price/Earnings ratio of 19.54.
Based on the Price/Earnings ratio, DOV is valued a bit cheaper than 67.97% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.13, DOV is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 16.68, the valuation of DOV can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of DOV indicates a somewhat cheap valuation: DOV is cheaper than 68.75% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.76. DOV is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.54 | ||
| Fwd PE | 16.68 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as DOV.
Based on the Price/Free Cash Flow ratio, DOV is valued a bit more expensive than 67.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 43.15 | ||
| EV/EBITDA | 15.56 |
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.
DOV has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)2.15
PEG (5Y)2.4
EPS Next 2Y9.33%
EPS Next 3Y8.17%
5. Dividend
5.1 Amount
DOV has a Yearly Dividend Yield of 1.15%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.78, DOV pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.15, DOV pays less dividend than the S&P500 average, which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.15% |
5.2 History
The dividend of DOV has a limited annual growth rate of 0.91%.
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)0.91%
Div Incr Years34
Div Non Decr Years34
5.3 Sustainability
DOV pays out 12.36% of its income as dividend. This is a sustainable payout ratio.
DOV's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP12.36%
EPS Next 2Y9.33%
EPS Next 3Y8.17%
NYSE:DOV (9/2/2025, 1:54:29 PM)
175.08
-3.78 (-2.11%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners87.15%
Inst Owner Change0.04%
Ins Owners1%
Ins Owner Change-0.47%
Market Cap24.01B
Analysts77.5
Price Target215.23 (22.93%)
Short Float %1.44%
Short Ratio1.85
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.15% |
Yearly Dividend2.04
Dividend Growth(5Y)0.91%
DP12.36%
Div Incr Years34
Div Non Decr Years34
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.76%
Min EPS beat(2)1.05%
Max EPS beat(2)2.47%
EPS beat(4)3
Avg EPS beat(4)1.58%
Min EPS beat(4)-2.05%
Max EPS beat(4)4.86%
EPS beat(8)7
Avg EPS beat(8)1.98%
EPS beat(12)8
Avg EPS beat(12)0.81%
EPS beat(16)12
Avg EPS beat(16)1.65%
Revenue beat(2)0
Avg Revenue beat(2)-1%
Min Revenue beat(2)-1.63%
Max Revenue beat(2)-0.36%
Revenue beat(4)0
Avg Revenue beat(4)-2%
Min Revenue beat(4)-3.99%
Max Revenue beat(4)-0.36%
Revenue beat(8)2
Avg Revenue beat(8)-1.64%
Revenue beat(12)2
Avg Revenue beat(12)-1.65%
Revenue beat(16)4
Avg Revenue beat(16)-1.18%
PT rev (1m)4%
PT rev (3m)6.39%
EPS NQ rev (1m)0.09%
EPS NQ rev (3m)-1.14%
EPS NY rev (1m)1.48%
EPS NY rev (3m)1.6%
Revenue NQ rev (1m)0.47%
Revenue NQ rev (3m)2.01%
Revenue NY rev (1m)0.37%
Revenue NY rev (3m)1.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.54 | ||
| Fwd PE | 16.68 | ||
| P/S | 3.07 | ||
| P/FCF | 43.15 | ||
| P/OCF | 32.11 | ||
| P/B | 3.23 | ||
| P/tB | 140.79 | ||
| EV/EBITDA | 15.56 |
EPS(TTM)8.96
EY5.12%
EPS(NY)10.49
Fwd EY5.99%
FCF(TTM)4.06
FCFY2.32%
OCF(TTM)5.45
OCFY3.11%
SpS57.09
BVpS54.26
TBVpS1.24
PEG (NY)2.15
PEG (5Y)2.4
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.42% | ||
| ROE | 30.81% | ||
| ROCE | 12.22% | ||
| ROIC | 10% | ||
| ROICexc | 11.3% | ||
| ROICexgc | 44.7% | ||
| OM | 17.16% | ||
| PM (TTM) | 29.29% | ||
| GM | 39.67% | ||
| FCFM | 7.11% |
ROA(3y)13.55%
ROA(5y)11.78%
ROE(3y)28.11%
ROE(5y)26.27%
ROIC(3y)10.97%
ROIC(5y)11.33%
ROICexc(3y)11.99%
ROICexc(5y)12.23%
ROICexgc(3y)42.19%
ROICexgc(5y)45.45%
ROCE(3y)14.24%
ROCE(5y)14.39%
ROICexcg growth 3Y-7.13%
ROICexcg growth 5Y-2%
ROICexc growth 3Y-4.68%
ROICexc growth 5Y-1.94%
OM growth 3Y-0.14%
OM growth 5Y2.31%
PM growth 3Y34.81%
PM growth 5Y29.67%
GM growth 3Y0.85%
GM growth 5Y0.98%
F-Score7
Asset Turnover0.59
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 5.52 | ||
| Debt/EBITDA | 1.58 | ||
| Cap/Depr | 54.78% | ||
| Cap/Sales | 2.44% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 44.17% | ||
| Profit Quality | 24.26% | ||
| Current Ratio | 1.95 | ||
| Quick Ratio | 1.35 | ||
| Altman-Z | 5.16 |
F-Score7
WACC10.11%
ROIC/WACC0.99
Cap/Depr(3y)60.37%
Cap/Depr(5y)59.92%
Cap/Sales(3y)2.41%
Cap/Sales(5y)2.38%
Profit Quality(3y)62.15%
Profit Quality(5y)81.58%
High Growth Momentum
Growth
EPS 1Y (TTM)-1.65%
EPS 3Y4.79%
EPS 5Y8.13%
EPS Q2Q%3.39%
EPS Next Y9.08%
EPS Next 2Y9.33%
EPS Next 3Y8.17%
EPS Next 5Y5.98%
Revenue 1Y (TTM)-8.23%
Revenue growth 3Y-0.68%
Revenue growth 5Y1.65%
Sales Q2Q%-5.91%
Revenue Next Year4.17%
Revenue Next 2Y4.73%
Revenue Next 3Y4.49%
Revenue Next 5Y4.13%
EBIT growth 1Y-6.71%
EBIT growth 3Y-0.82%
EBIT growth 5Y4%
EBIT Next Year29.22%
EBIT Next 3Y14.02%
EBIT Next 5Y8.46%
FCF growth 1Y-33.05%
FCF growth 3Y-14.96%
FCF growth 5Y-5.2%
OCF growth 1Y-28.09%
OCF growth 3Y-12.47%
OCF growth 5Y-4.56%