Dover: Dropping Coverage
We will discontinue analyst coverage of Dover on or about Dec. 21. We provide analyst research and ratings on over 1,500 companies globally and periodically adjust our coverage according to investor interest and staffing.
We will discontinue analyst coverage of Dover on or about Dec. 21. We provide analyst research and ratings on over 1,500 companies globally and periodically adjust our coverage according to investor interest and staffing.
Dover is a vastly different business from the days it held Apergy and its returns on invested capital should continue to materially improve and eventually take it to the 20s.
Dover will struggle to keep up with the pace of innovation in its engineered systems segment, which has inherently shorter product lifecycles.
Metric
|
DOV
|
ITW
|
IEX
|
---|---|---|---|
Price/Earnings (Normalized) | 16.90 | 25.99 | 24.48 |
Price/Book Value | 4.16 | 24.81 | 4.59 |
Price/Sales | 2.39 | 4.70 | 4.73 |
Price/Cash Flow | 15.01 | 22.57 | 22.68 |
Metric
|
DOV
|
ITW
|
IEX
|
---|---|---|---|
Quick Ratio | 0.84 | 1.04 | 2.04 |
Current Ratio | 1.58 | 1.58 | 3.11 |
Interest Coverage | 10.39 | 16.85 | 16.01 |
Metric
|
DOV
|
ITW
|
IEX
|
---|---|---|---|
Return on Assets (Normalized) | 11.07% | 19.64% | 11.61% |
Return on Equity (Normalized) | 26.90% | 99.66% | 20.25% |
Return on Invested Capital (Normalized) | 16.28% | 29.07% | 14.59% |
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Economic Moat
|
Market Cap
|
---|---|---|---|---|
SIEGY
| Siemens AG ADR | Dztg | $137.7 Bil | |
GE
| General Electric Co | Rgzdtc | $130.0 Bil | |
ETN
| Eaton Corp PLC | Ttxqmxr | $91.0 Bil | |
ITW
| Illinois Tool Works Inc | Tbhcdwq | $74.5 Bil | |
PH
| Parker Hannifin Corp | Pzsbctf | $55.7 Bil | |
EMR
| Emerson Electric Co | Bvd | $50.6 Bil | |
AME
| AMETEK Inc | Bljycyk | $36.0 Bil | |
OTIS
| Otis Worldwide Corp Ordinary Shares | Nhdn | $35.5 Bil | |
CMI
| Cummins Inc | Wltfkj | $32.7 Bil | |
ROK
| Rockwell Automation Inc | Xdxz | $31.9 Bil |
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