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DCF Valuation
Base-case fair value
$32.39
Intrinsic $43.19 · 25% MOS
Current price: $61.28
Base-case summary
Our base-case DCF for Fortive Corp (FTV) projects 10 years of free cash flow growth at 2.0% for years 1–5 and 1.0% for years 6–10, anchored to 1.2% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $966M in trailing free cash flow, this produces an intrinsic value of $43.19 per share. A 25% safety margin gives a fair value of $32.39, suggesting the stock is currently 47% overvalued against the $61.28 market price.
See 3 scenarios side by side
Conservative, Base, and Optimistic fair values, plus the sensitivity matrix and FCF history. Free account.
Model inputs
TTM Free Cash Flow
$966M
Cash & equivalents
$356M
Total debt
$3.6B
Shares outstanding
313M