(DOV) Dover - Ratings and Ratios
Equipment, Components, Pumps, Refrigeration, Software
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 1.12% |
| Yield on Cost 5y | 1.88% |
| Yield CAGR 5y | 0.99% |
| Payout Consistency | 38.7% |
| Payout Ratio | 22.3% |
| Risk via 5d forecast | |
|---|---|
| Volatility | 23.3% |
| Value at Risk 5%th | 33.7% |
| Relative Tail Risk | -12.04% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.19 |
| Alpha | -10.32 |
| CAGR/Max DD | 0.55 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.531 |
| Beta | 1.078 |
| Beta Downside | 1.109 |
| Drawdowns 3y | |
|---|---|
| Max DD | 26.59% |
| Mean DD | 7.65% |
| Median DD | 7.59% |
Description: DOV Dover December 19, 2025
Dover Corporation (NYSE:DOV) is a diversified industrial technology company that designs, manufactures, and services equipment and components across six distinct segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions, Climate & Sustainability Technologies, and a legacy corporate services function.
The Engineered Products segment supplies vehicle-aftermarket lifts, diagnostics, and collision-repair tools, as well as aerospace-defense winches, hoists, and RF/microwave filters. The Clean Energy & Fueling segment focuses on safe storage and dispensing of fuels, cryogenic gases, and hazardous fluids, supporting retail fueling stations and vehicle-wash operations. Imaging & Identification offers precision marking, traceability, and digital textile printing solutions for consumer goods, pharma, and industrial markets. Pumps & Process Solutions manufactures specialty pumps, connectors, flow meters, and polymer-processing equipment. Climate & Sustainability Technologies produces commercial refrigeration systems, display cases, and brazed-plate heat exchangers for industrial and residential climate control.
Key financial snapshots (FY 2023) show total revenue of approximately $8.5 billion, with the Engineered Products and Climate & Sustainability Technologies segments each contributing roughly 25 % of sales. The company generated $1.2 billion in free cash flow and returned a dividend yielding about 2.5 % to shareholders, reflecting its emphasis on capital discipline and shareholder returns.
From a macro-economic perspective, Dover’s performance is tied to three primary drivers: (1) U.S. and global industrial capital-expenditure cycles, as measured by the PMI and infrastructure spending bills; (2) defense budget allocations that sustain demand for aerospace-and-military winch and hoist products; and (3) the accelerating transition to electric and alternative-fuel vehicles, which fuels growth in the Clean Energy & Fueling segment’s fueling infrastructure solutions.
Assuming current fiscal-year guidance holds, the company’s operating margin is expected to remain in the high-teens, but a slowdown in manufacturing activity or a significant drop in defense spending would materially pressure earnings. Conversely, a faster-than-expected rollout of EV charging and hydrogen-fuel stations could lift the Clean Energy segment’s top line by double-digit percentages.
For a deeper quantitative view of DOV’s valuation metrics, you might explore the ValueRay platform.
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income: 2.25b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA -4.99 > 1.0 |
| NWC/Revenue: 28.99% < 20% (prev 17.15%; Δ 11.84% < -1%) |
| CFO/TA 0.06 > 3% & CFO 785.3m > Net Income 2.25b |
| Net Debt (1.52b) to EBITDA (1.81b): 0.84 < 3 |
| Current Ratio: 2.04 > 1.5 & < 3 |
| Outstanding Shares: last quarter (138.0m) vs 12m ago -0.14% < -2% |
| Gross Margin: 39.67% > 18% (prev 0.38%; Δ 3929 % > 0.5%) |
| Asset Turnover: 62.55% > 50% (prev 66.50%; Δ -3.95% > 0%) |
| Interest Coverage Ratio: 13.16 > 6 (EBITDA TTM 1.81b / Interest Expense TTM 109.9m) |
Altman Z'' 7.86
| A: 0.17 (Total Current Assets 4.50b - Total Current Liabilities 2.21b) / Total Assets 13.42b |
| B: 1.04 (Retained Earnings 14.01b / Total Assets 13.42b) |
| C: 0.11 (EBIT TTM 1.45b / Avg Total Assets 12.67b) |
| D: 2.44 (Book Value of Equity 14.06b / Total Liabilities 5.76b) |
| Altman-Z'' Score: 7.86 = AAA |
Beneish M -2.94
| DSRI: 1.04 (Receivables 1.48b/1.43b, Revenue 7.92b/7.92b) |
| GMI: 0.95 (GM 39.67% / 37.85%) |
| AQI: 0.97 (AQ_t 0.58 / AQ_t-1 0.60) |
| SGI: 1.00 (Revenue 7.92b / 7.92b) |
| TATA: 0.11 (NI 2.25b - CFO 785.3m) / TA 13.42b) |
| Beneish M-Score: -2.94 (Cap -4..+1) = A |
ValueRay F-Score (Strict, 0-100) 62.37
| 1. Piotroski: 5.50pt |
| 2. FCF Yield: 1.88% |
| 3. FCF Margin: 7.17% |
| 4. Debt/Equity: 0.40 |
| 5. Debt/Ebitda: 0.84 |
| 6. ROIC - WACC: 2.02% |
| 7. RoE: 30.80% |
| 8. Revenue Trend: -45.75% |
| 9. EPS Trend: 62.92% |
What is the price of DOV shares?
Over the past week, the price has changed by +3.19%, over one month by +3.77%, over three months by +17.04% and over the past year by +7.20%.
Is DOV a buy, sell or hold?
- Strong Buy: 9
- Buy: 2
- Hold: 9
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the DOV price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 221.5 | 6.6% |
| Analysts Target Price | 221.5 | 6.6% |
| ValueRay Target Price | 226.9 | 9.2% |
DOV Fundamental Data Overview January 24, 2026
P/E Forward = 19.802
P/S = 3.6252
P/B = 3.7484
P/EG = 2.6043
Revenue TTM = 7.92b USD
EBIT TTM = 1.45b USD
EBITDA TTM = 1.81b USD
Long Term Debt = 2.67b USD (from longTermDebt, last quarter)
Short Term Debt = 400.6m USD (from shortTermDebt, last quarter)
Debt = 3.07b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.52b USD (from netDebt column, last quarter)
Enterprise Value = 30.24b USD (28.72b + Debt 3.07b - CCE 1.55b)
Interest Coverage Ratio = 13.16 (Ebit TTM 1.45b / Interest Expense TTM 109.9m)
EV/FCF = 53.23x (Enterprise Value 30.24b / FCF TTM 568.1m)
FCF Yield = 1.88% (FCF TTM 568.1m / Enterprise Value 30.24b)
FCF Margin = 7.17% (FCF TTM 568.1m / Revenue TTM 7.92b)
Net Margin = 28.37% (Net Income TTM 2.25b / Revenue TTM 7.92b)
Gross Margin = 39.67% ((Revenue TTM 7.92b - Cost of Revenue TTM 4.78b) / Revenue TTM)
Gross Margin QoQ = 40.12% (prev 39.92%)
Tobins Q-Ratio = 2.25 (Enterprise Value 30.24b / Total Assets 13.42b)
Interest Expense / Debt = 0.89% (Interest Expense 27.2m / Debt 3.07b)
Taxrate = 21.48% (83.0m / 386.2m)
NOPAT = 1.14b (EBIT 1.45b * (1 - 21.48%))
Current Ratio = 2.04 (Total Current Assets 4.50b / Total Current Liabilities 2.21b)
Debt / Equity = 0.40 (Debt 3.07b / totalStockholderEquity, last quarter 7.66b)
Debt / EBITDA = 0.84 (Net Debt 1.52b / EBITDA 1.81b)
Debt / FCF = 2.67 (Net Debt 1.52b / FCF TTM 568.1m)
Total Stockholder Equity = 7.30b (last 4 quarters mean from totalStockholderEquity)
RoA = 17.75% (Net Income 2.25b / Total Assets 13.42b)
RoE = 30.80% (Net Income TTM 2.25b / Total Stockholder Equity 7.30b)
RoCE = 14.52% (EBIT 1.45b / Capital Employed (Equity 7.30b + L.T.Debt 2.67b))
RoIC = 11.02% (NOPAT 1.14b / Invested Capital 10.31b)
WACC = 9.00% (E(28.72b)/V(31.80b) * Re(9.89%) + D(3.07b)/V(31.80b) * Rd(0.89%) * (1-Tc(0.21)))
Discount Rate = 9.89% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.91%
[DCF Debug] Terminal Value 75.68% ; FCFF base≈780.4m ; Y1≈840.1m ; Y5≈1.03b
Fair Price DCF = 97.77 (EV 14.93b - Net Debt 1.52b = Equity 13.41b / Shares 137.2m; r=9.00% [WACC]; 5y FCF grow 8.63% → 2.90% )
EPS Correlation: 62.92 | EPS CAGR: 10.86% | SUE: 2.41 | # QB: 1
Revenue Correlation: -45.75 | Revenue CAGR: 1.17% | SUE: -0.33 | # QB: 0
EPS next Quarter (2026-03-31): EPS=2.35 | Chg30d=+0.003 | Revisions Net=+2 | Analysts=13
EPS next Year (2026-12-31): EPS=10.63 | Chg30d=+0.030 | Revisions Net=+5 | Growth EPS=+11.0% | Growth Revenue=+5.6%
Additional Sources for DOV Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle