FORTIVE CORP (F03.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:F03 - US34959J1088 - Common Stock
46.59 EUR
+0.19 (+0.41%)
F03 gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 113 industry peers in the Machinery industry. F03 has an excellent profitability rating, but there are some minor concerns on its financial health. F03 has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year F03 was profitable.
F03 had a positive operating cash flow in the past year.
In the past 5 years F03 has always been profitable.
Each year in the past 5 years F03 had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.07%, F03 is in the better half of the industry, outperforming 68.14% of the companies in the same industry.
With a decent Return On Equity value of 9.26%, F03 is doing good in the industry, outperforming 60.18% of the companies in the same industry.
F03 has a better Return On Invested Capital (8.52%) than 70.80% of its industry peers.
F03 had an Average Return On Invested Capital over the past 3 years of 6.67%. This is below the industry average of 8.69%.
The last Return On Invested Capital (8.52%) for F03 is above the 3 year average (6.67%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.07% | ||
| ROE | 9.26% | ||
| ROIC | 8.52% |
ROA(3y)4.92%
ROA(5y)5.57%
ROE(3y)8.12%
ROE(5y)9.53%
ROIC(3y)6.67%
ROIC(5y)5.86%
1.3 Margins
F03 has a Profit Margin of 10.68%. This is amongst the best in the industry. F03 outperforms 86.73% of its industry peers.
F03's Profit Margin has declined in the last couple of years.
The Operating Margin of F03 (16.42%) is better than 85.84% of its industry peers.
F03's Operating Margin has improved in the last couple of years.
F03 has a better Gross Margin (60.33%) than 83.19% of its industry peers.
In the last couple of years the Gross Margin of F03 has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.42% | ||
| PM (TTM) | 10.68% | ||
| GM | 60.33% |
OM growth 3Y6.19%
OM growth 5Y12.39%
PM growth 3Y6.96%
PM growth 5Y-1.86%
GM growth 3Y1.52%
GM growth 5Y1.93%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so F03 is destroying value.
Compared to 1 year ago, F03 has less shares outstanding
F03 has more 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.
F03 has a Altman-Z score of 3.21. This is in the better half of the industry: F03 outperforms 72.57% of its industry peers.
F03 has a debt to FCF ratio of 2.98. This is a good value and a sign of high solvency as F03 would need 2.98 years to pay back of all of its debts.
F03 has a better Debt to FCF ratio (2.98) than 71.68% of its industry peers.
A Debt/Equity ratio of 0.33 indicates that F03 is not too dependend on debt financing.
F03 has a Debt to Equity ratio of 0.33. This is comparable to the rest of the industry: F03 outperforms 51.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 2.98 | ||
| Altman-Z | 3.21 |
ROIC/WACC0.89
WACC9.55%
2.3 Liquidity
F03 has a Current Ratio of 0.70. This is a bad value and indicates that F03 is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.70, F03 is not doing good in the industry: 95.58% of the companies in the same industry are doing better.
A Quick Ratio of 0.58 indicates that F03 may have some problems paying its short term obligations.
With a Quick ratio value of 0.58, F03 is not doing good in the industry: 87.61% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.7 | ||
| Quick Ratio | 0.58 |
3. Growth
3.1 Past
The earnings per share for F03 have decreased strongly by -11.59% in the last year.
Measured over the past 5 years, F03 shows a small growth in Earnings Per Share. The EPS has been growing by 2.25% on average per year.
Looking at the last year, F03 shows a decrease in Revenue. The Revenue has decreased by -8.96% in the last year.
F03 shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.43% yearly.
EPS 1Y (TTM)-11.59%
EPS 3Y12.49%
EPS 5Y2.25%
EPS Q2Q%-29.9%
Revenue 1Y (TTM)-8.96%
Revenue growth 3Y5.85%
Revenue growth 5Y6.43%
Sales Q2Q%-33.07%
3.2 Future
The Earnings Per Share is expected to decrease by -0.22% on average over the next years.
Based on estimates for the next years, F03 will show a decrease in Revenue. The Revenue will decrease by -5.05% on average per year.
EPS Next Y-31.81%
EPS Next 2Y-14.13%
EPS Next 3Y-6.91%
EPS Next 5Y-0.22%
Revenue Next Year-33.9%
Revenue Next 2Y-17.48%
Revenue Next 3Y-10.9%
Revenue Next 5Y-5.05%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 16.64, which indicates a correct valuation of F03.
Compared to the rest of the industry, the Price/Earnings ratio of F03 indicates a somewhat cheap valuation: F03 is cheaper than 70.80% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.55, F03 is valued a bit cheaper.
The Price/Forward Earnings ratio is 19.00, which indicates a rather expensive current valuation of F03.
F03's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.78, F03 is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.64 | ||
| Fwd PE | 19 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, F03 is valued a bit more expensive than the industry average as 65.49% of the companies are valued more cheaply.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of F03 indicates a somewhat cheap valuation: F03 is cheaper than 61.06% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.67 | ||
| EV/EBITDA | 14.58 |
4.3 Compensation for Growth
F03 has an outstanding profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as F03's earnings are expected to decrease with -6.91% in the coming years.
PEG (NY)N/A
PEG (5Y)7.41
EPS Next 2Y-14.13%
EPS Next 3Y-6.91%
5. Dividend
5.1 Amount
F03 has a yearly dividend return of 0.43%, which is pretty low.
Compared to an average industry Dividend Yield of 1.58, F03 is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 1.87, F03's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.43% |
5.2 History
The dividend of F03 decreases each year by -7.91%.
Dividend Growth(5Y)-7.91%
Div Incr YearsN/A
Div Non Decr YearsN/A
5.3 Sustainability
16.72% of the earnings are spent on dividend by F03. This is a low number and sustainable payout ratio.
F03's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP16.72%
EPS Next 2Y-14.13%
EPS Next 3Y-6.91%
FRA:F03 (12/9/2025, 7:00:00 PM)
46.59
+0.19 (+0.41%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners103.31%
Inst Owner ChangeN/A
Ins Owners0.17%
Ins Owner ChangeN/A
Market Cap14.80B
Revenue(TTM)5.64B
Net Income(TTM)602.30M
Analysts67.5
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.43% |
Yearly Dividend0.27
Dividend Growth(5Y)-7.91%
DP16.72%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7.32%
Min EPS beat(2)-3.21%
Max EPS beat(2)17.85%
EPS beat(4)2
Avg EPS beat(4)4.27%
Min EPS beat(4)-3.21%
Max EPS beat(4)17.85%
EPS beat(8)6
Avg EPS beat(8)3.46%
EPS beat(12)9
Avg EPS beat(12)3%
EPS beat(16)13
Avg EPS beat(16)3.03%
Revenue beat(2)1
Avg Revenue beat(2)0.12%
Min Revenue beat(2)-0.65%
Max Revenue beat(2)0.89%
Revenue beat(4)1
Avg Revenue beat(4)-0.8%
Min Revenue beat(4)-2.24%
Max Revenue beat(4)0.89%
Revenue beat(8)2
Avg Revenue beat(8)-1.04%
Revenue beat(12)5
Avg Revenue beat(12)-0.66%
Revenue beat(16)7
Avg Revenue beat(16)-0.55%
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.64 | ||
| Fwd PE | 19 | ||
| P/S | 3.08 | ||
| P/FCF | 15.67 | ||
| P/OCF | 14.23 | ||
| P/B | 2.67 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.58 |
EPS(TTM)2.8
EY6.01%
EPS(NY)2.45
Fwd EY5.26%
FCF(TTM)2.97
FCFY6.38%
OCF(TTM)3.27
OCFY7.03%
SpS15.14
BVpS17.46
TBVpS-8.16
PEG (NY)N/A
PEG (5Y)7.41
Graham Number33.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.07% | ||
| ROE | 9.26% | ||
| ROCE | 9.84% | ||
| ROIC | 8.52% | ||
| ROICexc | 8.93% | ||
| ROICexgc | N/A | ||
| OM | 16.42% | ||
| PM (TTM) | 10.68% | ||
| GM | 60.33% | ||
| FCFM | 19.64% |
ROA(3y)4.92%
ROA(5y)5.57%
ROE(3y)8.12%
ROE(5y)9.53%
ROIC(3y)6.67%
ROIC(5y)5.86%
ROICexc(3y)7.24%
ROICexc(5y)6.49%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)7.7%
ROCE(5y)6.77%
ROICexgc growth 3YN/A
ROICexgc growth 5Y22.28%
ROICexc growth 3Y6.66%
ROICexc growth 5Y17.49%
OM growth 3Y6.19%
OM growth 5Y12.39%
PM growth 3Y6.96%
PM growth 5Y-1.86%
GM growth 3Y1.52%
GM growth 5Y1.93%
F-Score7
Asset Turnover0.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 2.98 | ||
| Debt/EBITDA | 1.53 | ||
| Cap/Depr | 24.22% | ||
| Cap/Sales | 1.98% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 87.89% | ||
| Profit Quality | 183.93% | ||
| Current Ratio | 0.7 | ||
| Quick Ratio | 0.58 | ||
| Altman-Z | 3.21 |
F-Score7
WACC9.55%
ROIC/WACC0.89
Cap/Depr(3y)22.1%
Cap/Depr(5y)19.73%
Cap/Sales(3y)1.78%
Cap/Sales(5y)1.59%
Profit Quality(3y)157.54%
Profit Quality(5y)143.9%
High Growth Momentum
Growth
EPS 1Y (TTM)-11.59%
EPS 3Y12.49%
EPS 5Y2.25%
EPS Q2Q%-29.9%
EPS Next Y-31.81%
EPS Next 2Y-14.13%
EPS Next 3Y-6.91%
EPS Next 5Y-0.22%
Revenue 1Y (TTM)-8.96%
Revenue growth 3Y5.85%
Revenue growth 5Y6.43%
Sales Q2Q%-33.07%
Revenue Next Year-33.9%
Revenue Next 2Y-17.48%
Revenue Next 3Y-10.9%
Revenue Next 5Y-5.05%
EBIT growth 1Y-21.25%
EBIT growth 3Y12.4%
EBIT growth 5Y19.62%
EBIT Next Year-8.87%
EBIT Next 3Y0.47%
EBIT Next 5Y3.03%
FCF growth 1Y-12.16%
FCF growth 3Y15.57%
FCF growth 5Y3.95%
OCF growth 1Y-11.05%
OCF growth 3Y16.68%
OCF growth 5Y3.73%
FORTIVE CORP / F03.DE FAQ
What is the ChartMill fundamental rating of FORTIVE CORP (F03.DE) stock?
ChartMill assigns a fundamental rating of 4 / 10 to F03.DE.
What is the valuation status for F03 stock?
ChartMill assigns a valuation rating of 4 / 10 to FORTIVE CORP (F03.DE). This can be considered as Fairly Valued.
How profitable is FORTIVE CORP (F03.DE) stock?
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 16.64 and the Price/Book (PB) ratio is 2.67.
What is the earnings growth outlook for FORTIVE CORP?
The Earnings per Share (EPS) of FORTIVE CORP (F03.DE) is expected to decline by -31.81% in the next year.