Dover Corp
NYSE:DOV

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Dover Corp
NYSE:DOV
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Price: 177.55 USD 0.83%
Market Cap: 24.3B USD

Relative Value

The Relative Value of one DOV stock under the Base Case scenario is 189.44 USD. Compared to the current market price of 177.55 USD, Dover Corp is Undervalued by 6%.

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
189.44 USD
Undervaluation 6%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
19
vs Industry
23
Median 3Y
2.7
Median 5Y
2.7
Industry
1.6
Forward
3
vs History
92
vs Industry
60
Median 3Y
16.7
Median 5Y
18.8
Industry
20.9
Forward
18.7
vs History
7
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
20.6
vs History
96
vs Industry
20
Median 3Y
4.3
Median 5Y
4.5
Industry
1.8
vs History
36
vs Industry
22
Median 3Y
3.1
Median 5Y
3
Industry
1.7
Forward
3.1
vs History
49
vs Industry
32
Median 3Y
8.2
Median 5Y
8
Industry
6.2
vs History
52
vs Industry
29
Median 3Y
14.8
Median 5Y
15.2
Industry
12.1
Forward
8.6
vs History
52
vs Industry
28
Median 3Y
18.2
Median 5Y
18.8
Industry
16
Forward
16.1
vs History
7
vs Industry
15
Median 3Y
22.7
Median 5Y
21.6
Industry
14.7
vs History
7
vs Industry
12
Median 3Y
28.4
Median 5Y
25.6
Industry
18.7
vs History
53
vs Industry
16
Median 3Y
2.5
Median 5Y
2.6
Industry
1.3

Multiples Across Competitors

DOV Competitors Multiples
Dover Corp Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Dover Corp
NYSE:DOV
24.1B USD 3.1 10.6 14.9 18.7
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
84.4B USD 4.3 24.9 18.3 22.4
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
11.3T JPY 2.3 46.2 21 29.8
SE
Atlas Copco AB
STO:ATCO A
743.3B SEK 4.2 25.4 16.3 20.2
US
Illinois Tool Works Inc
NYSE:ITW
71.1B USD 4.5 21.1 17.5 19.2
CH
Schindler Holding AG
SIX:SCHP
31.6B CHF 2.8 33.2 19.9 25.2
US
Otis Worldwide Corp
NYSE:OTIS
37.3B USD 2.6 24.3 22.4 24.7
US
Barnes Group Inc
NYSE:B
34.9B USD 2.6 15 5.3 7.3
US
Ingersoll Rand Inc
NYSE:IR
32.7B USD 4.5 39.7 18.4 24.5
FI
Kone Oyj
OMXH:KNEBV
28B EUR 2.5 29.2 17.5 21.6
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Dover Corp
NYSE:DOV
Average EV/EBITDA: 15 635.6
14.9
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
18.3
8%
2.3
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
21
12%
1.8
SE
Atlas Copco AB
STO:ATCO A
16.3
4%
4.1
US
Illinois Tool Works Inc
NYSE:ITW
17.5
3%
5.8
CH
Schindler Holding AG
SIX:SCHP
19.9
8%
2.5
US
Otis Worldwide Corp
NYSE:OTIS
22.4
8%
2.8
US
Barnes Group Inc
NYSE:B
5.3
16%
0.3
US
Ingersoll Rand Inc
NYSE:IR
18.4
9%
2
FI
K
Kone Oyj
OMXH:KNEBV
17.5
9%
1.9