Added to YB: 2025-06-25
Pitch date: 2025-06-23
FTV [neutral]
Fortive Corporation
+3.46%
current return
Author Info
Value Don't Lie is a value investor who focuses on small cap and special situations Sign up for the newsletter.
Company Info
Fortive Corporation designs, develops, manufactures, and markets products, software, and services in the United States, China, and internationally.
Market Cap
$16.4B
Pitch Price
$53.09
Price Target
N/A
Dividend
0.47%
EV/EBITDA
11.20
P/E
20.00
EV/Sales
3.09
Sector
Machinery
Category
special_situation
Quick Value - FTV/RAL spin-off
FTV (spin off overview): Fortive spinning Ralliant 6/28. FTV at 17.1x FCF pre-split, cheap vs industrial peers at 20-23x despite quality ops. RemainCo = organic growth play w/ 50% recurring rev, 29% EBITDA margins, solid FCF growth. SpinCo Ralliant = cash cow (T&M, sensors) for M&A & buybacks, 3-5% growth, 23.5% margins, 1.9x leverage.
Read full article (4 min)