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Fortive Corporation (0IRE.L)

Category: Company Financial Metrics Sector: Industrials Industry: Industrial - Capital Goods Live Price: $55.04

Price & Enterprise Value Ratios

AVG 3AVG 5AVG 10TTM2024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-31
Price / Earnings
23.38x
22.88x
19.70x
24.01x
24.01x
22.91x
23.23x
33.24x
11.03x
26.56x
6.10x
15.24x
18.15x
18.32x
17.90x
19.03x
20.70x
PEG Ratio
-1.27x
-0.85x
-0.86x
-6.32
-6.32
1.56
0.96
-0.53
0.09
-0.36
0.03
0.77
18.45
-8.26
2.83
2.16
2.35
Price / Free Cash Flow
14.89x
15.99x
15.60x
14.22x
14.22x
15.92x
14.53x
22.20x
13.08x
16.40x
14.44x
14.94x
15.72x
17.80x
18.73x
16.66x
18.08x
Price / Book
1.90x
1.96x
2.67x
1.96x
1.96x
1.92x
1.81x
2.13x
1.99x
2.66x
2.70x
4.20x
5.89x
3.06x
3.02x
3.09x
-
Price / Tangible Book
-7.44x
-7.72x
-7.41x
-6.05x
-6.05x
-10.11x
-6.15x
-5.73x
-10.56x
-5.73x
-8.83x
-7.85x
-7.77x
33.56x
41.97x
56.14x
-
Price / Sales
3.16x
3.44x
3.17x
3.21x
3.21x
3.27x
3.01x
3.85x
3.84x
4.30x
2.76x
2.76x
2.54x
2.56x
2.49x
2.65x
2.73x
EV / EBITDA
13.78x
16.49x
15.81x
13.86x
13.86x
13.70x
13.77x
19.52x
21.58x
30.37x
13.95x
14.24x
12.93x
10.76x
10.89x
11.88x
12.02x
EV / EBIT
19.66x
23.75x
21.25x
19.63x
19.63x
19.19x
20.15x
28.32x
31.45x
47.09x
16.90x
16.37x
14.50x
12.23x
12.42x
13.50x
13.51x
EV / Revenue
3.59x
3.93x
3.65x
3.71x
3.71x
3.59x
3.48x
4.48x
4.41x
5.46x
3.11x
3.30x
2.95x
2.56x
2.49x
2.65x
2.73x
EV / Free Cash Flow
16.88x
18.31x
17.87x
16.42x
16.42x
17.46x
16.77x
25.85x
15.03x
20.82x
16.26x
17.84x
18.25x
17.80x
18.73x
16.66x
18.08x

Financial Health & Risk Metrics

AVG 3AVG 5AVG 10TTM2024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-31
Altman Z-Score
2.1834
2.0134
2.0336
2.1884
2.1884
2.2746
2.0873
1.7319
1.7846
1.1501
1.9084
1.5856
1.7829
3.8422
3.9395
3.8275
Piotroski F-Score (9pt)
7.0000
6.8000
6.5000
6.0000
6.0000
8.0000
7.0000
7.0000
6.0000
5.0000
6.0000
7.0000
7.0000
6.0000
5.0000
0.0000
Beneish M-Score
-4.4087
-4.4102
-4.3646
-4.4053
-4.4053
-4.4083
-4.4126
-4.4101
-4.4149
-4.3523
-4.3367
-4.2724
-4.2330
-4.3999
-4.4113
-4.4185
Degree of Fin. Leverage
1.1266
1.1635
1.1186
1.1492
1.1492
1.1223
1.1084
1.1417
1.2960
1.3688
1.0000
1.0000
1.0000
1.0000
1.0000
1.0000
Liabilities / Assets
0.3935
0.4087
0.4599
0.4008
0.4008
0.3895
0.3903
0.4220
0.4410
0.5757
0.4876
0.6373
0.6714
0.1835
0.1747
0.1764
Interest Coverage
9.0359
7.9087
—
7.7009
7.7009
9.1798
10.2269
8.0572
4.3785
3.7118
-
-
-
-
-
-
Debt / Equity
0.3534
0.3907
0.5649
0.3675
0.3675
0.3570
0.3358
0.4162
0.4771
0.8564
0.5201
1.0693
1.2493
0.0000
0.0000
0.0000
Debt / Assets
0.2141
0.2299
0.2574
0.2200
0.2200
0.2178
0.2046
0.2404
0.2665
0.3628
0.2658
0.3860
0.4100
0.0000
0.0000
0.0000
Current Ratio
1.3632
1.2642
1.3566
1.1317
1.1317
2.0497
0.9083
0.6770
1.5544
1.0639
1.4466
1.8329
1.6970
1.2045
1.3100
1.2961
Quick Ratio
0.3333
0.3564
0.3722
0.2752
0.2752
0.4490
0.2757
0.2518
0.5304
0.2088
0.3772
0.2962
0.3180
0.7399
0.7442
0.7138

Cash Flow & Liquidity Metrics

AVG 3AVG 5AVG 10TTM2024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-31
Cash to Revenue Ratio
0.19
0.22
0.19
0.13
0.13
0.31
0.12
0.16
0.39
0.26
0.18
0.17
0.13
0.00
0.00
0.00
Cash to Short-Term Debt Ratio
17.64
10.91
—
1.97
1.97
50.23
0.71
0.38
1.26
0.80
2.59
-
-
-
-
-
Cash to Long-Term Debt Ratio
0.36
0.43
—
0.24
0.24
0.52
0.31
0.45
0.64
0.25
0.40
0.24
0.24
-
-
-
Cash to Total Debt Ratio
0.31
0.31
—
0.21
0.21
0.50
0.21
0.20
0.41
0.19
0.34
0.24
0.24
-
-
-
Cash Ratio
0.56
0.51
0.46
0.36
0.36
1.05
0.26
0.22
0.64
0.35
0.54
0.60
0.55
0.00
0.00
0.00
Cash Conversion Cycle
48.85
52.61
51.36
42.93
42.93
53.73
49.89
57.26
59.24
65.44
52.21
48.95
41.50
42.41
42.60
41.34
Operating Cash Flow to Free Cash Flow Ratio
1.09
1.07
1.09
1.09
1.09
1.09
1.08
1.05
1.06
1.06
1.09
1.10
1.13
1.14
1.12
1.09
Operating Cash Flow to Current Liabilities Ratio
0.64
0.54
0.59
0.68
0.68
0.76
0.48
0.26
0.50
0.37
0.61
0.73
0.78
0.76
0.74
0.81
Cash Return On Capital Employed
0.10
0.10
0.12
0.10
0.10
0.09
0.10
0.08
0.11
0.09
0.13
0.13
0.17
0.17
0.16
0.17
Cash Flow Return on Assets
0.08
0.08
0.10
0.09
0.09
0.08
0.08
0.06
0.09
0.07
0.10
0.11
0.14
0.14
0.13
0.14
Free Cash Flow Conversion Ratio
1.58
1.41
1.23
1.69
1.69
1.44
1.60
1.50
0.84
1.62
0.42
1.02
1.15
1.03
0.96
1.14
Operating Cash Flow Yield
0.07
0.07
0.07
0.08
0.08
0.07
0.07
0.05
0.08
0.06
0.08
0.07
0.07
0.06
0.06
0.07
Free Cash Flow Yield
0.07
0.07
0.07
0.07
0.07
0.06
0.07
0.05
0.08
0.06
0.07
0.07
0.06
0.06
0.05
0.06
Unlevered Free Cash Flow Yield
0.06
0.06
0.06
0.06
0.06
0.06
0.06
0.04
0.07
0.05
0.06
0.06
0.05
0.06
0.05
0.06
Levered Free Cash Flow Yield
0.07
0.07
0.07
0.07
0.07
0.06
0.07
0.05
0.08
0.06
0.07
0.07
0.06
0.06
0.05
0.06

Capital & Working Capital Metrics

AVG 3AVG 5AVG 10TTM2024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-31
Total Capital Turnover
0.44
0.41
0.60
0.44
0.44
0.43
0.44
0.38
0.34
0.33
0.64
0.73
1.03
1.19
1.21
1.16
Total Capital to Net Income Efficiency
0.06
0.07
0.11
0.06
0.06
0.06
0.06
0.04
0.12
0.05
0.29
0.13
0.14
0.17
0.17
0.16
Total Equity to Total Capital Ratio
0.73
0.71
0.67
0.72
0.72
0.73
0.74
0.70
0.67
0.53
0.66
0.48
0.44
1.00
1.00
1.00
Working Capital Turnover
0.36
-0.08
6.00
21.13
21.13
3.23
-23.29
-4.38
2.92
20.60
6.59
4.31
6.09
22.83
15.91
15.77
Working Capital to Total Assets
0.04
0.03
0.05
0.02
0.02
0.11
-0.02
-0.07
0.10
0.01
0.08
0.13
0.12
0.04
0.05
0.05
Operating Cash Flow Working Capital Ratio
0.23
0.16
1.36
5.18
5.18
0.72
-5.21
-0.80
0.91
5.74
1.37
0.88
1.11
3.73
2.38
2.72
Working Capital Days
38.25
31.26
39.00
17.27
17.27
113.15
-15.67
-83.35
124.92
17.72
55.38
84.62
59.94
15.99
22.95
23.15
Capital Employed Turnover
0.42
0.40
0.56
0.42
0.42
0.40
0.44
0.41
0.35
0.33
0.60
0.65
0.93
1.05
1.04
1.00
Net Working Capital to Capital Employed Ratio
0.04
0.03
0.06
0.02
0.02
0.12
-0.02
-0.09
0.12
0.02
0.09
0.15
0.15
0.05
0.07
0.06
Equity to Capital Employed Ratio
0.70
0.71
0.64
0.69
0.69
0.68
0.74
0.75
0.68
0.53
0.62
0.43
0.40
0.88
0.86
0.86
Invested Capital Turnover
0.44
0.41
0.60
0.44
0.44
0.43
0.44
0.38
0.34
0.33
0.64
0.73
1.03
1.19
1.21
1.16
Invested Capital to Assets Ratio
0.83
0.83
0.80
0.83
0.83
0.84
0.82
0.83
0.84
0.80
0.78
0.75
0.74
0.72
0.71
0.71
Equity to Invested Capital Ratio
0.73
0.71
0.67
0.72
0.72
0.73
0.74
0.70
0.67
0.53
0.66
0.48
0.44
1.00
1.00
1.00

Debt Metrics & Leverage Ratios

AVG 3AVG 5AVG 10TTM2024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-31
Cash to Short Term Debt Ratio
17.64
10.91
—
1.97
1.97
50.23
0.71
0.38
1.26
0.80
2.59
-
-
-
-
-
Operating Cash Flow to Short Term Debt Ratio
13.67
8.49
—
3.70
3.70
36.00
1.30
0.45
0.99
0.85
2.95
-
-
-
-
-
Long Term Debt to Total Assets
0.19
0.17
0.22
0.20
0.20
0.22
0.14
0.11
0.18
0.28
0.23
0.39
0.41
0.00
0.00
0.00
Short Term Debt to Current Assets Ratio
0.19
0.35
0.23
0.16
0.16
0.01
0.40
0.86
0.33
0.41
0.14
0.00
0.00
0.00
0.00
0.00
Short Term Debt to Current Liabilities Ratio
0.19
0.33
0.23
0.18
0.18
0.02
0.37
0.58
0.51
0.43
0.21
0.00
0.00
0.00
0.00
0.00
Total Debt to Total Assets Ratio
0.23
0.24
0.27
0.23
0.23
0.23
0.22
0.25
0.28
0.37
0.27
0.39
0.41
0.00
0.00
0.00
Total Debt to Shareholders Equity Ratio
0.37
0.41
0.58
0.38
0.38
0.37
0.35
0.44
0.50
0.88
0.52
1.07
1.25
0.00
0.00
0.00
Total Debt to EBITDA Ratio
2.36
3.05
3.10
2.35
2.35
2.40
2.32
3.44
4.73
7.92
2.39
3.04
2.36
0.00
0.00
0.00
Total Debt to Free Cash Flow Ratio
2.89
3.30
3.19
2.78
2.78
3.06
2.83
4.55
3.29
5.43
2.78
3.81
3.33
0.00
0.00
0.00
Total Debt to Total Capital Ratio
0.27
0.29
0.33
0.28
0.28
0.27
0.26
0.30
0.33
0.47
0.34
0.52
0.56
0.00
0.00
0.00
Total Debt to Working Capital Ratio
0.54
0.20
4.02
13.27
13.27
2.03
-13.68
-3.45
2.82
29.34
3.50
3.04
3.29
0.00
0.00
0.00
Total Debt to Capital Employed Ratio
0.26
0.29
0.32
0.26
0.26
0.25
0.26
0.32
0.34
0.47
0.32
0.46
0.50
0.00
0.00
0.00
Total Debt to Invested Capital Ratio
0.27
0.29
0.33
0.28
0.28
0.27
0.26
0.30
0.33
0.47
0.34
0.52
0.56
0.00
0.00
0.00

Management & Efficiency Metrics

AVG 3AVG 5AVG 10TTM2024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-31
Equity to Assets
60.61%
59.09%
52.97%
59.88%
59.88%
61.02%
60.94%
57.77%
55.85%
42.36%
51.11%
36.10%
32.82%
71.83%
71.09%
70.76%
-
Inventories to Assets
3.25%
3.14%
4.13%
3.20%
3.20%
3.17%
3.38%
3.11%
2.84%
2.39%
4.45%
4.83%
6.65%
7.25%
6.95%
6.83%
-
Inventory Turnover
4.59
4.52
5.05
4.59
4.59
4.60
4.59
4.38
4.43
4.97
5.45
5.59
5.85
6.07
6.42
6.24
-
Inventory to Revenue
8.94%
9.28%
9.04%
8.74%
8.74%
8.85%
9.21%
9.76%
9.83%
9.12%
8.90%
8.80%
8.75%
8.46%
8.07%
8.29%
-
Asset Turnover
0.36
0.34
0.46
0.37
0.37
0.36
0.37
0.32
0.29
0.26
0.50
0.55
0.76
0.86
0.86
0.82
-
Days Inventory
79.46
80.83
73.25
79.52
79.52
79.30
79.56
83.36
82.40
73.50
67.01
65.29
62.44
60.15
56.85
58.45
-
Days Sales Outstanding
63.10
63.54
63.46
62.28
62.28
64.32
62.68
64.61
63.82
71.23
67.60
64.71
55.44
57.85
55.08
55.80
-
Days Payable
93.70
91.76
85.35
98.87
98.87
89.89
92.35
90.71
86.98
79.29
82.40
81.05
76.38
75.59
69.33
72.92
-
Cost of Goods to Revenue
41.05%
41.88%
45.49%
40.13%
40.13%
40.74%
42.27%
42.72%
43.54%
45.29%
48.50%
49.21%
51.14%
51.35%
51.79%
51.79%
51.89%
Capex to Revenue
1.78%
1.59%
1.73%
1.93%
1.93%
1.78%
1.64%
0.95%
1.63%
1.63%
1.74%
1.93%
2.08%
1.94%
1.62%
1.36%
1.20%
Capex to Operating Income
9.76%
9.39%
9.95%
10.23%
10.23%
9.51%
9.53%
6.01%
11.64%
14.08%
9.47%
9.56%
10.22%
9.28%
8.06%
6.92%
5.95%
Capex to Operating Cash Flow
7.73%
6.73%
8.06%
7.89%
7.89%
7.96%
7.35%
5.20%
5.27%
5.86%
8.35%
9.44%
11.40%
11.90%
10.84%
7.87%
7.37%
Intangibles to Assets
76.94%
75.28%
68.35%
79.31%
79.31%
72.62%
78.89%
79.21%
66.35%
62.00%
66.71%
55.39%
57.71%
65.29%
65.97%
66.87%
-
Scaled Net Operating Assets
0.54
0.52
0.47
0.55
0.55
0.50
0.57
0.53
0.45
0.36
0.42
0.27
0.23
0.82
0.83
0.82
-
Shares Buyback Ratio
0.06%
0.78%
0.25%
-0.79%
-0.79%
-1.44%
2.41%
-1.87%
5.59%
-3.05%
-0.54%
1.53%
0.61%
0.00%
0.00%
0.00%
-
Buyback Yield
5.32%
3.19%
1.59%
8.73%
8.73%
2.64%
4.57%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
-
Sloan Ratio
-3.47%
-2.29%
-0.88%
-4.08%
-4.08%
-2.88%
-3.45%
-2.14%
1.10%
-3.05%
12.16%
-1.26%
-3.23%
-2.01%
-0.86%
-2.75%
-