Dover Corp
NYSE:DOV

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Dover Corp
NYSE:DOV
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Price: 186.01 USD -0.37% Market Closed
Market Cap: 25.5B USD

Relative Value

The Relative Value of one DOV stock under the Base Case scenario is 188.98 USD. Compared to the current market price of 186.01 USD, Dover Corp is Undervalued by 2%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

DOV Relative Value
Base Case
188.98 USD
Undervaluation 2%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
7
vs Industry
23
Median 3Y
2.7
Median 5Y
2.7
Industry
1.6
Forward
3.2
vs History
90
vs Industry
60
Median 3Y
16.7
Median 5Y
18.8
Industry
20.6
Forward
19.7
vs History
3
vs Industry
17
Median 3Y
20
Median 5Y
19.2
Industry
14.6
vs History
vs Industry
0
Median 3Y
20.5
Median 5Y
20.9
Industry
20.2
vs History
95
vs Industry
20
Median 3Y
4.3
Median 5Y
4.5
Industry
1.8
vs History
17
vs Industry
22
Median 3Y
3.1
Median 5Y
3
Industry
1.7
Forward
3.3
vs History
26
vs Industry
32
Median 3Y
8.2
Median 5Y
8
Industry
6.2
vs History
28
vs Industry
29
Median 3Y
14.8
Median 5Y
15.2
Industry
12.3
Forward
9.3
vs History
30
vs Industry
28
Median 3Y
18.2
Median 5Y
18.8
Industry
16.2
Forward
17.2
vs History
3
vs Industry
15
Median 3Y
22.7
Median 5Y
21.6
Industry
14.5
vs History
3
vs Industry
12
Median 3Y
28.4
Median 5Y
25.6
Industry
18.5
vs History
41
vs Industry
16
Median 3Y
2.5
Median 5Y
2.6
Industry
1.4

Multiples Across Competitors

DOV Competitors Multiples
Dover Corp Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Dover Corp
NYSE:DOV
25.5B USD 3.2 11.1 15.7 19.7
JP
Ishii Iron Works Co Ltd
TSE:6362
304.2T JPY 28 119.8 363 670.8 171 820.3 210 169.2
US
Parker-Hannifin Corp
NYSE:PH
86.6B USD 4.4 25.5 18.7 22.9
SE
Atlas Copco AB
STO:ATCO A
803.9B SEK 4.6 27.5 17.6 21.8
US
Illinois Tool Works Inc
NYSE:ITW
73.7B USD 4.7 21.9 18.1 19.8
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
9.7T JPY 1.9 39.5 18 25.5
US
Otis Worldwide Corp
NYSE:OTIS
39B USD 2.7 25.4 23.3 25.7
CH
Schindler Holding AG
SIX:SCHP
32.5B CHF 2.9 34.2 18.2 23
US
Ingersoll Rand Inc
NYSE:IR
33.7B USD 4.6 40.9 18.9 25.2
FI
Kone Oyj
OMXH:KNEBV
29.1B EUR 2.6 30.3 18.2 22.5
US
Xylem Inc
NYSE:XYL
31.1B USD 3.6 34.4 19.1 29
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Dover Corp
NYSE:DOV
Average EV/EBITDA: 15 636.9
15.7
9%
1.7
JP
I
Ishii Iron Works Co Ltd
TSE:6362
171 820.3
N/A N/A
US
Parker-Hannifin Corp
NYSE:PH
18.7
8%
2.3
SE
Atlas Copco AB
STO:ATCO A
17.6
6%
2.9
US
Illinois Tool Works Inc
NYSE:ITW
18.1
3%
6
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
18
N/A N/A
US
Otis Worldwide Corp
NYSE:OTIS
23.3
8%
2.9
CH
Schindler Holding AG
SIX:SCHP
18.2
8%
2.3
US
Ingersoll Rand Inc
NYSE:IR
18.9
10%
1.9
FI
K
Kone Oyj
OMXH:KNEBV
18.2
10%
1.8
US
Xylem Inc
NYSE:XYL
19.1
12%
1.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Dover Corp
NYSE:DOV
Average EV/EBIT: 19 127.7
19.7
11%
1.8
JP
I
Ishii Iron Works Co Ltd
TSE:6362
210 169.2
N/A N/A
US
Parker-Hannifin Corp
NYSE:PH
22.9
12%
1.9
SE
Atlas Copco AB
STO:ATCO A
21.8
5%
4.4
US
Illinois Tool Works Inc
NYSE:ITW
19.8
3%
6.6
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
25.5
N/A N/A
US
Otis Worldwide Corp
NYSE:OTIS
25.7
9%
2.9
CH
Schindler Holding AG
SIX:SCHP
23
10%
2.3
US
Ingersoll Rand Inc
NYSE:IR
25.2
15%
1.7
FI
K
Kone Oyj
OMXH:KNEBV
22.5
10%
2.3
US
Xylem Inc
NYSE:XYL
29
20%
1.5