Dover Corporation
New York Stock ExchangeTotal Valuation
Dover Corporation carries a market capitalization of 25.46B, placing it among publicly traded companies globally. Its enterprise value stands at 31.80B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 25.46B |
| Enterprise Value | 31.80B |
Share Statistics
Dover Corporation currently has 135.07M shares outstanding.
| Shares Outstanding | 135.07M |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
Dover Corporation trades at a trailing price-to-earnings ratio of 26.83. The price-to-sales ratio is 3.62, and the price-to-book ratio stands at 3.93.
| PE Ratio | 26.83 |
| PS Ratio | 3.62 |
| PB Ratio | 3.93 |
| P/TBV Ratio | 44.24 |
| P/FCF Ratio | 19.04 |
| P/OCF Ratio | 21.90 |
Enterprise Valuation
On an enterprise value basis, Dover Corporation trades at an EV/EBITDA multiple of 17.55 and an EV/FCF ratio of 18.70. The EV/Sales ratio of 3.78 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 22.39 provides insight into valuation relative to core operating earnings.
| EV / Sales | 3.78 |
| EV / EBITDA | 17.55 |
| EV / EBIT | 22.39 |
| EV / FCF | 18.70 |
Financial Position
Dover Corporation maintains a current ratio of 1.98, meaning it holds 2.0x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 42.32, indicating elevated leverage, while an interest coverage ratio of 15.90 demonstrates strong ability to service its debt obligations.
| Current Ratio | 1.98 |
| Quick Ratio | 1.31 |
| Debt / Equity | 42.32 |
| Debt / EBITDA | 1.80 |
| Interest Coverage | 15.90 |
Financial Efficiency
Dover Corporation posts a return on equity of 14.98 and a return on invested capital of 10.57.
| Return on Equity (ROE) | 14.98 |
| Return on Assets (ROA) | 8.45 |
| Return on Invested Capital (ROIC) | 10.57 |
| Return on Capital Employed (ROCE) | 11.42 |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | 3.73 |
Taxes
Over the trailing twelve months, Dover Corporation has paid 284.02M in income taxes, reflecting an effective tax rate of 20.10.
| Income Tax | 284.02M |
| Effective Tax Rate | 20.10 |
Stock Price Statistics
Dover Corporation's stock has gained approximately 9.95115% over the past 52 weeks. The 50-day moving average sits at 204.74, while the 200-day moving average is 210.21.
| Beta (5Y) | N/A |
| 52-Week Price Change | 9.95115% |
| 50-Day Moving Average | 204.74 |
| 200-Day Moving Average | 210.21 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, Dover Corporation generated 8.42B in revenue and converted that into 1.13B in net income, yielding earnings per share of 8.27. EBITDA reached 1.81B, while operating income came in at 1.42B.
| Revenue | 8.42B |
| Gross Profit | 3.33B |
| Operating Income | 1.42B |
| Pretax Income | 1.41B |
| Net Income | 1.13B |
| EBITDA | 1.81B |
| EBIT | 1.42B |
| Earnings Per Share (EPS) | 8.27 |
Balance Sheet
Dover Corporation holds 1.76B in cash and equivalents against 3.26B in total debt, resulting in a net debt position of 1.50B. Total book value stands at 7.70B, with working capital of 2.45B providing operational flexibility.
| Cash & Cash Equivalents | 1.76B |
| Total Debt | 3.26B |
| Net Debt | 1.50B |
| Equity (Book Value) | 7.70B |
| Book Value Per Share | 57.04 |
| Working Capital | 2.45B |
Cash Flow
Dover Corporation produced 1.39B in operating cash flow over the past twelve months. After subtracting -218.73M in capital expenditures, free cash flow totaled 1.17B - equivalent to 8.63 per share.
| Operating Cash Flow | 1.39B |
| Capital Expenditures | -218.73M |
| Free Cash Flow | 1.17B |
| FCF Per Share | 8.63 |
Margins
Dover Corporation operates with a gross margin of 39.58, reflecting its pricing power and cost economics. The operating margin of 16.87 and net profit margin of 13.48 provide insight into operational efficiency.
| Gross Margin | 39.58 |
| Operating Margin | 16.87 |
| Pretax Margin | 16.78 |
| Profit Margin | 13.48 |
| EBITDA Margin | 21.52 |
Dividends & Yields
The company's payout ratio of 24.92 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 2.07 |
| Dividend Yield | N/A |
| Payout Ratio | 24.92 |
| Shareholder Yield | 2.16 |
| FCF Yield | 5.25 |
Stock Splits
Dover Corporation's most recent stock split took place on May 9, 2018 with a 500:619 split ratio.
| Last Split Date | 5/9/2018 |
| Split Ratio | 500:619 |
Scores
Dover Corporation posts an Altman Z-Score of 8.51, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 8.51 |