(DOV) Dover - Overview

Sector: Industrials | Industry: Specialty Industrial Machinery | Exchange: NYSE (USA) | Market Cap: 27.352m USD | Total Return: 16% in 12m

Stock Equipment, Components, Software, Services, Fluids
Total Rating 64
Safety 90
Buy Signal 0.02
Specialty Industrial Machinery -8.1
Industrial Machinery & Supplies & Components -5.8
Market Cap: 27,352m
Avg Trading Vol: 213M USD
ATR: 2.94%
Peers RS (IBD): 66.1
Risk 5d forecast
Volatility28.4%
Rel. Tail Risk-11.8%
Reward TTM
Sharpe Ratio0.64
Alpha1.27
Character TTM
Beta1.071
Beta Downside0.979
Drawdowns 3y
Max DD26.59%
CAGR/Max DD0.54
EPS (Earnings per Share) EPS (Earnings per Share) of DOV over the last years for every Quarter: "2021-03": 1.81, "2021-06": 2.06, "2021-09": 1.98, "2021-12": 1.78, "2022-03": 1.9, "2022-06": 2.14, "2022-09": 2.26, "2022-12": 2.16, "2023-03": 1.94, "2023-06": 2.05, "2023-09": 2.35, "2023-12": 2.45, "2024-03": 1.95, "2024-06": 2.36, "2024-09": 2.27, "2024-12": 2.2, "2025-03": 2.05, "2025-06": 2.44, "2025-09": 2.62, "2025-12": 2.51,
EPS CAGR: 7.71%
EPS Trend: 58.8%
Last SUE: 0.48
Qual. Beats: 0
Revenue Revenue of DOV over the last years for every Quarter: 2021-03: 1867.901, 2021-06: 2031.676, 2021-09: 2018.269, 2021-12: 1989.235, 2022-03: 2051.901, 2022-06: 2158.715, 2022-09: 2158.291, 2022-12: 2139.181, 2023-03: 2079.023, 2023-06: 2100.086, 2023-09: 1958.428, 2023-12: 2105.757, 2024-03: 1883.719, 2024-06: 1948.782, 2024-09: 1983.542, 2024-12: 1929.866, 2025-03: 1866.059, 2025-06: 2049.592, 2025-09: 2077.841, 2025-12: 2099.079,
Rev. CAGR: 0.61%
Rev. Trend: -42.5%
Last SUE: 0.20
Qual. Beats: 0
Description: DOV Dover

Dover Corporation (NYSE: DOV) is a diversified global manufacturer operating through five specialized segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions, and Climate & Sustainability Technologies. The company’s portfolio spans industrial equipment, consumable supplies, and digital solutions for end-markets including aerospace, defense, retail fueling, and pharmaceutical manufacturing.

The business model relies on a decentralized structure, allowing individual operating units to maintain high margins through specialized engineering and aftermarket parts sales. As a member of the Industrial Machinery sub-industry, Dover benefits from high switching costs and a large installed base that generates recurring revenue through maintenance and software services. Investors may find it useful to examine ValueRay for deeper insights into the companys valuation metrics.

Headquartered in Downers Grove, Illinois, and incorporated in 1947, Dover focuses on niche markets where precision and safety are critical, such as cryogenic gas storage and marking and coding for consumer goods. This diversification helps mitigate cyclicality within specific industrial sectors while maintaining exposure to long-term trends in clean energy and automation.

Headlines to Watch Out For
  • Industrial demand for specialized components drives revenue growth
  • Energy transition investments boost Clean Energy & Fueling segment
  • Vehicle aftermarket sales impact Engineered Products segment performance
  • Raw material cost fluctuations affect manufacturing margins
  • Global economic slowdown reduces capital equipment spending
Piotroski VR‑10 (Strict) 8.5
Net Income: 1.09b TTM > 0 and > 6% of Revenue
FCF/TA: 0.08 > 0.02 and ΔFCF/TA 3.66 > 1.0
NWC/Revenue: 24.57% < 20% (prev 29.54%; Δ -4.97% < -1%)
CFO/TA 0.10 > 3% & CFO 1.34b > Net Income 1.09b
Net Debt (2.10b) to EBITDA (1.86b): 1.13 < 3
Current Ratio: 1.79 > 1.5 & < 3
Outstanding Shares: last quarter (138.0m) vs 12m ago -0.19% < -2%
Gross Margin: 39.77% > 18% (prev 0.38%; Δ 3.94k% > 0.5%)
Asset Turnover: 62.41% > 50% (prev 61.92%; Δ 0.49% > 0%)
Interest Coverage Ratio: 13.52 > 6 (EBITDA TTM 1.86b / Interest Expense TTM 109.8m)
Altman Z'' 7.69
A: 0.15 (Total Current Assets 4.51b - Total Current Liabilities 2.52b) / Total Assets 13.42b
B: 1.06 (Retained Earnings 14.22b / Total Assets 13.42b)
C: 0.11 (EBIT TTM 1.48b / Avg Total Assets 12.97b)
D: 2.38 (Book Value of Equity 14.31b / Total Liabilities 6.02b)
Altman-Z'' Score: 7.69 = AAA
Beneish M -3.05
DSRI: 0.97 (Receivables 1.37b/1.35b, Revenue 8.09b/7.75b)
GMI: 0.96 (GM 39.77% / 38.20%)
AQI: 1.03 (AQ_t 0.58 / AQ_t-1 0.56)
SGI: 1.04 (Revenue 8.09b / 7.75b)
TATA: -0.02 (NI 1.09b - CFO 1.34b) / TA 13.42b)
Beneish M-Score: -3.05 (Cap -4..+1) = AA
What is the price of DOV shares? As of April 03, 2026, the stock is trading at USD 208.45 with a total of 860,581 shares traded.
Over the past week, the price has changed by -1.83%, over one month by -9.28%, over three months by +5.16% and over the past year by +15.97%.
Is DOV a buy, sell or hold? Dover has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy DOV.
  • StrongBuy: 9
  • Buy: 2
  • Hold: 9
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the DOV price?
Wallstreet Target Price 231.8 11.2%
Analysts Target Price 231.8 11.2%
DOV Fundamental Data Overview as of 01 April 2026
P/E Trailing = 25.4467
P/E Forward = 19.8413
P/S = 3.3799
P/B = 3.8131
P/EG = 1.8591
Revenue TTM = 8.09b USD
EBIT TTM = 1.48b USD
EBITDA TTM = 1.86b USD
Long Term Debt = 2.62b USD (from longTermDebt, last quarter)
Short Term Debt = 763.5m USD (from shortTermDebt, last quarter)
Debt = 3.78b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.10b USD (from netDebt column, last quarter)
Enterprise Value = 29.45b USD (27.35b + Debt 3.78b - CCE 1.68b)
Interest Coverage Ratio = 13.52 (Ebit TTM 1.48b / Interest Expense TTM 109.8m)
EV/FCF = 26.42x (Enterprise Value 29.45b / FCF TTM 1.11b)
FCF Yield = 3.79% (FCF TTM 1.11b / Enterprise Value 29.45b)
FCF Margin = 13.78% (FCF TTM 1.11b / Revenue TTM 8.09b)
Net Margin = 13.52% (Net Income TTM 1.09b / Revenue TTM 8.09b)
Gross Margin = 39.77% ((Revenue TTM 8.09b - Cost of Revenue TTM 4.87b) / Revenue TTM)
Gross Margin QoQ = 39.10% (prev 40.12%)
Tobins Q-Ratio = 2.19 (Enterprise Value 29.45b / Total Assets 13.42b)
Interest Expense / Debt = 0.74% (Interest Expense 28.1m / Debt 3.78b)
Taxrate = 19.31% (65.8m / 340.5m)
NOPAT = 1.20b (EBIT 1.48b * (1 - 19.31%))
Current Ratio = 1.79 (Total Current Assets 4.51b / Total Current Liabilities 2.52b)
Debt / Equity = 0.51 (Debt 3.78b / totalStockholderEquity, last quarter 7.41b)
Debt / EBITDA = 1.13 (Net Debt 2.10b / EBITDA 1.86b)
Debt / FCF = 1.89 (Net Debt 2.10b / FCF TTM 1.11b)
Total Stockholder Equity = 7.41b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.44% (Net Income 1.09b / Total Assets 13.42b)
RoE = 14.76% (Net Income TTM 1.09b / Total Stockholder Equity 7.41b)
RoCE = 14.79% (EBIT 1.48b / Capital Employed (Equity 7.41b + L.T.Debt 2.62b))
RoIC = 11.38% (NOPAT 1.20b / Invested Capital 10.52b)
WACC = 8.64% (E(27.35b)/V(31.13b) * Re(9.75%) + D(3.78b)/V(31.13b) * Rd(0.74%) * (1-Tc(0.19)))
Discount Rate = 9.75% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.91%
[DCF] Terminal Value 78.18% ; FCFF base≈901.3m ; Y1≈1.04b ; Y5≈1.45b
[DCF] Fair Price = 150.4 (EV 22.38b - Net Debt 2.10b = Equity 20.28b / Shares 134.8m; r=8.64% [WACC]; 5y FCF grow 17.42% → 3.0% )
EPS Correlation: 58.79 | EPS CAGR: 7.71% | SUE: 0.48 | # QB: 0
Revenue Correlation: -42.47 | Revenue CAGR: 0.61% | SUE: 0.20 | # QB: 0
EPS next Quarter (2026-06-30): EPS=2.71 | Chg7d=-0.005 | Chg30d=-0.005 | Revisions Net=+0 | Analysts=18
EPS current Year (2026-12-31): EPS=10.58 | Chg7d=-0.007 | Chg30d=-0.008 | Revisions Net=+1 | Growth EPS=+10.1% | Growth Revenue=+5.9%
EPS next Year (2027-12-31): EPS=11.51 | Chg7d=+0.006 | Chg30d=+0.025 | Revisions Net=+2 | Growth EPS=+8.8% | Growth Revenue=+4.6%
[Analyst] Revisions Ratio: +0.00 (5 Up / 5 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 5.8% (Discount Rate 9.8% - Earnings Yield 3.9%)
[Growth] Growth Spread = +0.9% (Analyst 6.7% - Implied 5.8%)
External Resources
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