Fortive Corp Stock Book Value Per Share
FTV Stock | USD 86.02 1.13 1.33% |
Fortive Corp fundamentals help investors to digest information that contributes to Fortive Corp's financial success or failures. It also enables traders to predict the movement of Fortive Stock. The fundamental analysis module provides a way to measure Fortive Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Fortive Corp stock.
Fortive | Book Value Per Share |
Fortive Book Value Per Share Analysis
Fortive Corp's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 503.1M | 594.8M | 600.5M | 430.0M | Total Assets | 16.5B | 15.9B | 16.9B | 13.6B |
Book Value per Share | = | Common EquityAverage Shares |
Current Fortive Corp Book Value Per Share | 29.42 X |
Most of Fortive Corp's fundamental indicators, such as Book Value Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Fortive Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Fortive Book Value Per Share Driver Correlations
Understanding the fundamental principles of building solid financial models for Fortive Corp is extremely important. It helps to project a fair market value of Fortive Stock properly, considering its historical fundamentals such as Book Value Per Share. Since Fortive Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Fortive Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Fortive Corp's interrelated accounts and indicators.
Click cells to compare fundamentals
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
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Fortive Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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In accordance with the recently published financial statements, the book value per share of Fortive Corp is about 29.424 times. This is 28.23% lower than that of the Machinery sector and 151.92% higher than that of the Industrials industry. The book value per share for all United States stocks is 98.48% higher than that of the company.
Fortive Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fortive Corp's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Fortive Corp could also be used in its relative valuation, which is a method of valuing Fortive Corp by comparing valuation metrics of similar companies.Fortive Corp is currently under evaluation in book value per share category among related companies.
Fortive Corp ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Fortive Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Fortive Corp's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Fortive Fundamentals
Return On Equity | 0.0865 | |||
Return On Asset | 0.0431 | |||
Profit Margin | 0.14 % | |||
Operating Margin | 0.19 % | |||
Current Valuation | 32.15 B | |||
Shares Outstanding | 351.38 M | |||
Shares Owned By Insiders | 0.25 % | |||
Shares Owned By Institutions | 96.50 % | |||
Number Of Shares Shorted | 3.36 M | |||
Price To Earning | 35.27 X | |||
Price To Book | 2.93 X | |||
Price To Sales | 4.99 X | |||
Revenue | 3.59 B | |||
Gross Profit | 3.36 B | |||
EBITDA | 1.13 B | |||
Net Income | 865.8 M | |||
Cash And Equivalents | 709.2 M | |||
Cash Per Share | 1.99 X | |||
Total Debt | 3.81 B | |||
Debt To Equity | 0.38 % | |||
Current Ratio | 0.94 X | |||
Book Value Per Share | 29.42 X | |||
Cash Flow From Operations | 1.35 B | |||
Short Ratio | 2.47 X | |||
Earnings Per Share | 2.43 X | |||
Price To Earnings To Growth | 1.45 X | |||
Target Price | 86.07 | |||
Number Of Employees | 18 K | |||
Beta | 1.18 | |||
Market Capitalization | 30.27 B | |||
Total Asset | 16.91 B | |||
Retained Earnings | 7.51 B | |||
Working Capital | 1.88 B | |||
Current Asset | 1.59 B | |||
Current Liabilities | 1.32 B | |||
Z Score | 5.96 | |||
Annual Yield | 0 % | |||
Five Year Return | 0.40 % | |||
Net Asset | 16.91 B | |||
Last Dividend Paid | 0.29 |
About Fortive Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fortive Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fortive Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fortive Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Fortive Corporation was incorporated in 2015 and is headquartered in Everett, Washington. Fortive Corp operates under Scientific Technical Instruments classification in the United States and is traded on New York Stock Exchange. It employs 18000 people.
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When running Fortive Corp's price analysis, check to measure Fortive Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortive Corp is operating at the current time. Most of Fortive Corp's value examination focuses on studying past and present price action to predict the probability of Fortive Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortive Corp's price. Additionally, you may evaluate how the addition of Fortive Corp to your portfolios can decrease your overall portfolio volatility.
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Is Fortive Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fortive Corp. If investors know Fortive will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fortive Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.162 | Dividend Share 0.29 | Earnings Share 2.43 | Revenue Per Share 17.207 | Quarterly Revenue Growth 0.035 |
The market value of Fortive Corp is measured differently than its book value, which is the value of Fortive that is recorded on the company's balance sheet. Investors also form their own opinion of Fortive Corp's value that differs from its market value or its book value, called intrinsic value, which is Fortive Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fortive Corp's market value can be influenced by many factors that don't directly affect Fortive Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fortive Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortive Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortive Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.