FORTIVE CORP (F03.DE) Fundamental Analysis & Valuation
FRA:F03 • US34959J1088
Current stock price
48.42 EUR
+0.26 (+0.54%)
Last:
This F03.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. F03.DE Profitability Analysis
1.1 Basic Checks
- In the past year F03 was profitable.
- F03 had a positive operating cash flow in the past year.
- F03 had positive earnings in each of the past 5 years.
- F03 had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- The Return On Assets of F03 (4.93%) is better than 67.29% of its industry peers.
- Looking at the Return On Equity, with a value of 8.98%, F03 is in the better half of the industry, outperforming 61.68% of the companies in the same industry.
- With a decent Return On Invested Capital value of 6.24%, F03 is doing good in the industry, outperforming 61.68% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for F03 is below the industry average of 7.88%.
- The 3 year average ROIC (4.67%) for F03 is below the current ROIC(6.24%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.93% | ||
| ROE | 8.98% | ||
| ROIC | 6.24% |
ROA(3y)4.98%
ROA(5y)4.64%
ROE(3y)8.51%
ROE(5y)7.87%
ROIC(3y)4.67%
ROIC(5y)4.79%
1.3 Margins
- F03's Profit Margin of 11.26% is amongst the best of the industry. F03 outperforms 91.59% of its industry peers.
- In the last couple of years the Profit Margin of F03 has declined.
- F03 has a better Operating Margin (16.35%) than 87.85% of its industry peers.
- F03's Operating Margin has improved in the last couple of years.
- F03 has a better Gross Margin (60.96%) than 85.98% of its industry peers.
- In the last couple of years the Gross Margin of F03 has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.35% | ||
| PM (TTM) | 11.26% | ||
| GM | 60.96% |
OM growth 3Y0.12%
OM growth 5Y7.54%
PM growth 3Y2.42%
PM growth 5Y-16.01%
GM growth 3Y3.23%
GM growth 5Y2.44%
2. F03.DE Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so F03 is destroying value.
- F03 has less shares outstanding than it did 1 year ago.
- F03 has less shares outstanding than it did 5 years ago.
- F03 has a worse debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 3.21 indicates that F03 is not in any danger for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 3.21, F03 is in the better half of the industry, outperforming 75.70% of the companies in the same industry.
- The Debt to FCF ratio of F03 is 3.28, which is a good value as it means it would take F03, 3.28 years of fcf income to pay off all of its debts.
- F03 has a better Debt to FCF ratio (3.28) than 70.09% of its industry peers.
- A Debt/Equity ratio of 0.36 indicates that F03 is not too dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.36, F03 is in line with its industry, outperforming 50.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 3.28 | ||
| Altman-Z | 3.21 |
ROIC/WACC0.67
WACC9.3%
2.3 Liquidity
- F03 has a Current Ratio of 0.71. This is a bad value and indicates that F03 is not financially healthy enough and could expect problems in meeting its short term obligations.
- F03's Current ratio of 0.71 is on the low side compared to the rest of the industry. F03 is outperformed by 94.39% of its industry peers.
- F03 has a Quick Ratio of 0.71. This is a bad value and indicates that F03 is not financially healthy enough and could expect problems in meeting its short term obligations.
- F03 has a worse Quick ratio (0.58) than 84.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.71 | ||
| Quick Ratio | 0.58 |
3. F03.DE Growth Analysis
3.1 Past
- F03 shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -22.82%.
- Measured over the past years, F03 shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.33% on average per year.
- Looking at the last year, F03 shows a very negative growth in Revenue. The Revenue has decreased by -17.48% in the last year.
- F03 shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -2.14% yearly.
EPS 1Y (TTM)-22.82%
EPS 3Y-1.5%
EPS 5Y-0.33%
EPS Q2Q%-23.08%
Revenue 1Y (TTM)-17.48%
Revenue growth 3Y-10.62%
Revenue growth 5Y-2.14%
Sales Q2Q%-30.72%
3.2 Future
- F03 is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.10% yearly.
- Based on estimates for the next years, F03 will show a small growth in Revenue. The Revenue will grow by 3.94% on average per year.
EPS Next Y-1.1%
EPS Next 2Y3.17%
EPS Next 3Y5.48%
EPS Next 5Y7.1%
Revenue Next Year4.41%
Revenue Next 2Y4.18%
Revenue Next 3Y4.13%
Revenue Next 5Y3.94%
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 accelerating.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. F03.DE Valuation Analysis
4.1 Price/Earnings Ratio
- F03 is valuated rather expensively with a Price/Earnings ratio of 18.62.
- 68.22% of the companies in the same industry are more expensive than F03, based on the Price/Earnings ratio.
- F03 is valuated rather cheaply when we compare the Price/Earnings ratio to 26.54, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 18.79, the valuation of F03 can be described as rather expensive.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of F03 is on the same level as its industry peers.
- F03's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 21.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.62 | ||
| Fwd PE | 18.79 |
4.2 Price Multiples
- F03's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. F03 is more expensive than 63.55% of the companies in the same industry.
- The rest of the industry has a similar Price/Free Cash Flow ratio as F03.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.61 | ||
| EV/EBITDA | 15.69 |
4.3 Compensation for Growth
- The excellent profitability rating of F03 may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y3.17%
EPS Next 3Y5.48%
5. F03.DE Dividend Analysis
5.1 Amount
- With a yearly dividend of 0.43%, F03 is not a good candidate for dividend investing.
- F03's Dividend Yield is slightly below the industry average, which is at 1.39.
- With a Dividend Yield of 0.43, F03 pays less dividend than the S&P500 average, which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.43% |
5.2 History
- The dividend of F03 decreases each year by -10.29%.
Dividend Growth(5Y)-10.29%
Div Incr YearsN/A
Div Non Decr YearsN/A
5.3 Sustainability
- F03 pays out 15.92% of its income as dividend. This is a sustainable payout ratio.
DP15.92%
EPS Next 2Y3.17%
EPS Next 3Y5.48%
F03.DE Fundamentals: All Metrics, Ratios and Statistics
FRA:F03 (3/10/2026, 7:00:00 PM)
48.42
+0.26 (+0.54%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Industry Strength63.35
Industry Growth55.9
Earnings (Last)02-04 2026-02-04/bmo
Earnings (Next)04-29 2026-04-29
Inst Owners109.52%
Inst Owner ChangeN/A
Ins Owners0.17%
Ins Owner ChangeN/A
Market Cap14.91B
Revenue(TTM)5.14B
Net Income(TTM)579.20M
Analysts65
Price Target49.33 (1.88%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.43% |
Yearly Dividend0.24
Dividend Growth(5Y)-10.29%
DP15.92%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.16%
Min EPS beat(2)6.47%
Max EPS beat(2)17.85%
EPS beat(4)2
Avg EPS beat(4)5.03%
Min EPS beat(4)-3.21%
Max EPS beat(4)17.85%
EPS beat(8)6
Avg EPS beat(8)3.83%
EPS beat(12)9
Avg EPS beat(12)3.26%
EPS beat(16)13
Avg EPS beat(16)3.4%
Revenue beat(2)2
Avg Revenue beat(2)1.28%
Min Revenue beat(2)0.89%
Max Revenue beat(2)1.68%
Revenue beat(4)2
Avg Revenue beat(4)-0.08%
Min Revenue beat(4)-2.24%
Max Revenue beat(4)1.68%
Revenue beat(8)2
Avg Revenue beat(8)-0.86%
Revenue beat(12)5
Avg Revenue beat(12)-0.6%
Revenue beat(16)8
Avg Revenue beat(16)-0.12%
PT rev (1m)0%
PT rev (3m)N/A
EPS NQ rev (1m)0.79%
EPS NQ rev (3m)2.55%
EPS NY rev (1m)3.68%
EPS NY rev (3m)3.52%
Revenue NQ rev (1m)0.1%
Revenue NQ rev (3m)1.85%
Revenue NY rev (1m)0.16%
Revenue NY rev (3m)1.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.62 | ||
| Fwd PE | 18.79 | ||
| P/S | 3.35 | ||
| P/FCF | 17.61 | ||
| P/OCF | 15.9 | ||
| P/B | 2.67 | ||
| P/tB | N/A | ||
| EV/EBITDA | 15.69 |
EPS(TTM)2.6
EY5.37%
EPS(NY)2.58
Fwd EY5.32%
FCF(TTM)2.75
FCFY5.68%
OCF(TTM)3.04
OCFY6.29%
SpS14.46
BVpS18.14
TBVpS-8.53
PEG (NY)N/A
PEG (5Y)N/A
Graham Number32.577 (-32.72%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.93% | ||
| ROE | 8.98% | ||
| ROCE | 8.86% | ||
| ROIC | 6.24% | ||
| ROICexc | 6.49% | ||
| ROICexgc | N/A | ||
| OM | 16.35% | ||
| PM (TTM) | 11.26% | ||
| GM | 60.96% | ||
| FCFM | 19.02% |
ROA(3y)4.98%
ROA(5y)4.64%
ROE(3y)8.51%
ROE(5y)7.87%
ROIC(3y)4.67%
ROIC(5y)4.79%
ROICexc(3y)5.06%
ROICexc(5y)5.15%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)6.63%
ROCE(5y)6.81%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y-0.71%
ROICexc growth 5Y7.73%
OM growth 3Y0.12%
OM growth 5Y7.54%
PM growth 3Y2.42%
PM growth 5Y-16.01%
GM growth 3Y3.23%
GM growth 5Y2.44%
F-Score7
Asset Turnover0.44
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 3.28 | ||
| Debt/EBITDA | 1.8 | ||
| Cap/Depr | 24.02% | ||
| Cap/Sales | 2.04% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 84.72% | ||
| Profit Quality | 168.87% | ||
| Current Ratio | 0.71 | ||
| Quick Ratio | 0.58 | ||
| Altman-Z | 3.21 |
F-Score7
WACC9.3%
ROIC/WACC0.67
Cap/Depr(3y)23.25%
Cap/Depr(5y)20.59%
Cap/Sales(3y)2.42%
Cap/Sales(5y)1.97%
Profit Quality(3y)160.54%
Profit Quality(5y)160.05%
High Growth Momentum
Growth
EPS 1Y (TTM)-22.82%
EPS 3Y-1.5%
EPS 5Y-0.33%
EPS Q2Q%-23.08%
EPS Next Y-1.1%
EPS Next 2Y3.17%
EPS Next 3Y5.48%
EPS Next 5Y7.1%
Revenue 1Y (TTM)-17.48%
Revenue growth 3Y-10.62%
Revenue growth 5Y-2.14%
Sales Q2Q%-30.72%
Revenue Next Year4.41%
Revenue Next 2Y4.18%
Revenue Next 3Y4.13%
Revenue Next 5Y3.94%
EBIT growth 1Y-28.53%
EBIT growth 3Y-10.52%
EBIT growth 5Y5.24%
EBIT Next Year35.93%
EBIT Next 3Y14.84%
EBIT Next 5Y11.06%
FCF growth 1Y-30.45%
FCF growth 3Y-6.78%
FCF growth 5Y-6.39%
OCF growth 1Y-29.05%
OCF growth 3Y-5.98%
OCF growth 5Y-5.49%
FORTIVE CORP / F03.DE Fundamental Analysis FAQ
What is the ChartMill fundamental rating of FORTIVE CORP (F03.DE) stock?
ChartMill assigns a fundamental rating of 5 / 10 to F03.DE.
What is the valuation status of FORTIVE CORP (F03.DE) stock?
ChartMill assigns a valuation rating of 3 / 10 to FORTIVE CORP (F03.DE). This can be considered as Overvalued.
Can you provide the profitability details for FORTIVE CORP?
FORTIVE CORP (F03.DE) has a profitability rating of 8 / 10.
What are the PE and PB ratios of FORTIVE CORP (F03.DE) stock?
The Price/Earnings (PE) ratio for FORTIVE CORP (F03.DE) is 18.62 and the Price/Book (PB) ratio is 2.67.
How sustainable is the dividend of FORTIVE CORP (F03.DE) stock?
The dividend rating of FORTIVE CORP (F03.DE) is 2 / 10 and the dividend payout ratio is 15.92%.