Dover Stock Valuation

DOV
 Stock
  

USD 123.22  4.64  3.91%   

What is the acquisition price tag of Dover Corp? Calculating the true value of any business is not as easy as it may seem. While the market cap of a public entity, such as Dover Corp, is its stock price multiplied by the total number of shares outstanding, calculating Dover Corp's enterprise value requires a different approach. It uses Dover Corp's balance sheet items such as long-term debt, the book value of the preferred stock, minority interest, and other important financials.
Free Cash Flow is likely to drop to about 853.7 M in 2022. Enterprise Value is likely to drop to about 24.7 B in 2022.
Dover Corp shows a prevailing Real Value of $141.19 per share. The current price of the firm is $123.22. At this time, the firm appears to be undervalued. Our model computes the value of Dover Corp from reviewing the firm fundamentals such as Shares Outstanding of 143.98 M, profit margin of 13.81 %, and Current Valuation of 22.02 B as well as analyzing its technical indicators and Probability Of Bankruptcy. In general, we advise buying undervalued instruments and disposing overvalued instruments since, at some point, asset prices and their ongoing real values will submerge.
  
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Dover Corp Valuation Module provides a unique way to ballpark how much the company is worth today. It is done using both, our quantitative analysis of the company fundamentals as well as its intrinsic market price estimation to project the real value. We also take into consideration other essential factors such as Dover Corp's management style, its c-level domain expertise and tenure, its overall leadership history as well as current capital structure, and future earnings potential.

Dover Most Recent Valuation Data

Price Book
3.97
Price Sales
2.2
Forward Annual Dividend Yield
0.0168
EBITDA
1.6 B
Dividend Share
2.0
Ex Dividend Date
2022-05-27
Beta
1.4
Undervalued
Today 123.22
Please note that Dover Corp's price fluctuation is very steady at this time. Calculation of the real value of Dover Corp is based on 3 months time horizon. Increasing Dover Corp's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Dover Corp is useful when determining the fair value of the Dover stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Dover Corp. Since Dover Corp is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Dover Stock. However, Dover Corp's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
110.90
Downside
141.19
Real Value
143.21
Upside
Estimating the potential upside or downside of Dover Corp helps investors to forecast how Dover stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Dover Corp more accurately as focusing exclusively on Dover Corp's fundamentals will not take into account other important factors:
Earnings
Estimates (7)
LowProjected EPSHigh
7.487.517.59
Details
Hype
Prediction
LowEstimated ValueHigh
120.23122.25124.27
Details
Potential
Annual Dividend
LowIncome Per ShareHigh
0.650.660.67
Details
12 Analysts
Consensus
LowTarget PriceHigh
147.00186.27206.00
Details
Traditionally analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Dover Corp's intrinsic value based on its ongoing forecasts of Dover Corp's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Dover Corp's closest peers. When choosing an evaluation method for Dover Corp, ensure it is appropriate for the firm given its current financial situation and market classification. If more than one evaluation category is relevant, we suggest using both methods to arrive at a better estimate.

Dover Valuation Drivers Correlation

Many accounts on the financial statements of Dover Corp are highly interrelated and sometimes correlated. Consequently, when conducting Dover's valuation analysis, one should examine all of the accounts reported to obtain a complete picture of its financial situation. We provide a unique feature to present a conventional correlation table purposely composed against different valuation-related drivers of Dover
Click cells to compare fundamentals

Dover Valuation Trend

Knowing Dover Corp's actual value is paramount for traders to make sound investment determinations. Dover Corp's real value is not only important for the investor to make better decisions but also for a more accurate overall view of Dover Corp's financial worth over time since having this information enables investors and analysts to forecast the earnings more efficiently. Using both Dover Corp's enterprise value as well as its market capitalization is the best way to gauging the value of the company and is usually enough for investors to make market timing descisions.

Dover Market Cap

Dover Corp is rated below average in market capitalization category among related companies. Market capitalization of Specialty Industrial Machinery industry is currently estimated at about 1.06 Trillion. Dover Corp claims roughly 17.74 Billion in market capitalization contributing just under 2% to equities listed under Specialty Industrial Machinery industry.
Capitalization  Workforce  Revenue  Total debt  Valuation

Dover Corp Valuation Ratios as Compared to Competition

Comparative valuation techniques use various fundamental indicators to help in determining Dover Corp's current stock value. Our valuation model uses many indicators to compare Dover Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Dover Corp competition to find correlations between indicators driving Dover Corp's intrinsic value. More Info.
Dover Corp is rated below average in beta category among related companies. It is one of the top stocks in price to sales category among related companies fabricating about  1.59  of Price to Sales per Beta. Price to Sales Ratio is likely to drop to 2.93 in 2022. Comparative valuation analysis is a catch-all model that can be used if you cannot value Dover Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Dover Corp's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Dover Corp's earnings, one of the primary drivers of an investment's value.
Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Dover Corp's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Dover Corp and how it compares across the competition.

About Dover Corp Valuation

The equity valuation mechanism determines the current worth of Dover Corp on a weekly basis. We use both absolute as well as relative valuation methodologies to arrive at the intrinsic value of Dover Corp. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Dover Corp based exclusively on its fundamental and basic technical indicators. By analyzing Dover Corp's financials, quarterly and monthly indicators, and its related drivers such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of Dover Corp's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of Dover Corp. We calculate exposure to Dover Corp's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Dover Corp's related companies.
Last ReportedProjected for 2022
Gross ProfitB2.7 B
Profit Margin 0.14  0.12 
Dover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide. The Engineered Products segment provides various equipment, component, software, solution, and services that are used in aftermarket vehicle service, solid waste handling, industrial automation, aerospace and defense, industrial winch and hoist, and fluid dispensing end-market. This segment also offers manual and power clamp, rotary and linear mechanical indexer, conveyor, pick and place unit, glove port, and manipulator, as well as end-of-arm robotic gripper, slide, and end effector. Its Clean Energy Fueling segment offers component, equipment, and software and service solution enabling safe transport of traditional and clean fuel, and other hazardous substance along with supply chain, as well as operation of convenience retail, retail fueling, and vehicle wash establishment. The Imaging and Identification segment provides precision marking and coding packaging intelligence product traceability equipment brand protection and digital textile printing equipment, as well as related consumable, software, and service to packaged and consumer good, pharmaceutical, industrial manufacturing, fashion and apparel, and other end-market. Its Pumps and Process Solutions segment manufactures specialty pump, connector, and flow meter, fluid connecting solution, plastics and polymer processing equipment, and engineered components for rotating and reciprocating machines. The Climate Sustainability Technologies segment manufactures refrigeration system, refrigeration display case, commercial glass refrigerator and freezer door, and brazed plate heat exchanger for industrial heating and cooling, and residential climate control applications. It sells its products directly and through a network of distributors. The company was incorporated in 1947 and is headquartered in Downers Grove, Illinois.

Dover Corp Quarterly Enterprise Value

25.34 Billion

Share
Dover Corp's stock price is the clearest measure of market expectations about its performance. Without stock valuation, investors cannot independently discern whether Dover Corp's value is low or high relative to the company's performance and growth projections. Determining the market value of Dover Corp can be done in different ways, such as multiplying its stock price by its outstanding shares.
A single share of Dover Corp represents a small ownership stake in the entity. As a stockholder of Dover, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.

Dover Corp Dividends Analysis For Valuation

Dover Corp Dividend Yield is fairly stable at the moment as compared to the past year. Dover Corp reported Dividend Yield of 0.011 in 2021. Dividends per Basic Common Share is likely to climb to 2.02 in 2022, whereas Payment of Dividends and Other Cash Distributions is likely to drop (309.5 M) in 2022. . Accumulated Retained Earnings Deficit is likely to climb to about 9.6 B in 2022, whereas Earning Before Interest and Taxes EBIT is likely to drop slightly above 1.3 B in 2022.
Last ReportedProjected for 2022
Payment of Dividends and Other Cash Distributions-286.9 M-309.5 M
Dividend Yield 0.011  0.0141 
Dividends per Basic Common Share 1.99  2.02 
There are various types of dividends Dover Corp can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of Dover shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from Dover Corp directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When Dover pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of Dover Corp by the value of the dividends paid out.

Dover Corp Valuation Growth Rates

Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines. Note, investing in growth stocks can be very risky. If the company such as Dover Corp does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
Quick Ratio0.77
Earnings Quarterly Growth-2.80%
Revenue Growth9.90%
Payout Ratio25.94%
Enterprise Value To Ebitda13.79
Earnings Growth-3.10%
Enterprise Value To Revenue2.72

Dover Corp Current Valuation Indicators

Valuation refers to the process of determining the present value of Dover Corp and all of its assets. It can be calculated using a number of techniques. As many analysts who try to value Dover we look at many different elements of the entity such as Dover's management, its prospective future earnings, the current market value of the company's assets, as well as its capital structure formation. Dover Corp's valuation analysis is also a process of estimating the intrinsic value of all assets and outstanding equities. There are different methodologies and models we use to develop the final Dover Corp's valuation. The techniques such as discounted cash flow and fundamental indicators such as book value per share or market capitalization are well known and widely used across most financial advisers and money managers.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as Dover Corp, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use Dover Corp's valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes Dover Corp's worth.
Continue to Investing Opportunities. Note that the Dover Corp information on this page should be used as a complementary analysis to other Dover Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Dover Corp price analysis, check to measure Dover 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 Dover Corp is operating at the current time. Most of Dover Corp's value examination focuses on studying past and present price action to predict the probability of Dover Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Dover Corp's price. Additionally, you may evaluate how the addition of Dover Corp to your portfolios can decrease your overall portfolio volatility.
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Is Dover 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 Dover Corp. If investors know Dover 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 Dover 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 YOY
-0.031
Market Capitalization
17.8 B
Quarterly Revenue Growth YOY
0.099
Return On Assets
0.0823
Return On Equity
0.29
The market value of Dover Corp is measured differently than its book value, which is the value of Dover that is recorded on the company's balance sheet. Investors also form their own opinion of Dover Corp's value that differs from its market value or its book value, called intrinsic value, which is Dover 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 Dover Corp's market value can be influenced by many factors that don't directly affect Dover 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 Dover Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Dover Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dover 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.