FTV Stock Analysis — Fortive
Sector: Industrial Technology
AI Verdict
Fortive trades at 18.7x next year's earnings while the market expects profits to nearly double, making it cheap for the growth you're getting if its sticky industrial contracts keep delivering.
Competitive Moat
Fortive owns a portfolio of industrial automation, instrumentation, and sensing businesses, many of which are deeply embedded in customer workflows, creating high switching costs. Its defensibility comes from long-term service contracts and proprietary measurement technologies that are costly for industrial clients to replace.
Summary
Fortive's forward P/E of 18.7x with 94.8% expected EPS growth makes it a rare value standout in industrial tech.
Where It Stands
Fortive is up 29.31% over the past year, trades at 18.7x next year's earnings (well below the 20x industrials median), and its RSI of 47.9 signals neutral momentum.
Key Metrics
- RSI: 47.9 — Neutral
- Trailing P/E: 36.4x
- Forward P/E: 18.7x
- PEG Ratio: 0.38
- Earnings Growth: +0.9%
- Revenue Growth: -0.3%
- Market Cap: $18.7B
- Dividend Yield: 0.00%
- 1-Year Return: 29.31%
- 52-Week High: $64.56
- 52-Week Low: $46.54
Analyst Consensus
7 Buy · 12 Hold · 2 Sell (21 analysts)
Bull Case
Analysts expect 94.8% EPS growth next year, so you're paying just 18.7x forward earnings for nearly a doubling in profits.
Bear Case
If the forward P/E reverts to the current trailing P/E of 36.4x without earnings materializing, shares could see a sharp de-rating despite the neutral RSI of 47.9.
Catalyst to Watch
Watch the next quarterly earnings release to confirm that the forecasted 94.8% EPS growth is actually materializing.