(DOV) Dover - Ratings and Ratios
Equipment, Components, Software, Pumps, Refrigeration
DOV EPS (Earnings per Share)
DOV Revenue
Description: DOV Dover October 16, 2025
Dover Corporation (NYSE:DOV) is a diversified industrial manufacturer that delivers equipment, components, consumables, aftermarket parts, software, and digital solutions across six primary segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions, Climate & Sustainability Technologies, and a legacy focus on aftermarket support services.
The Engineered Products segment serves vehicle aftermarket, aerospace & defense, industrial winch & hoist, and fluid dispensing markets, offering everything from vehicle lift systems and diagnostic tools to radio-frequency filters and soldering equipment. The Clean Energy & Fueling segment provides storage and transport solutions for fuel, cryogenic gases, and hazardous fluids, as well as retail fueling and vehicle-wash infrastructure. Imaging & Identification supplies precision marking, traceability, and digital textile printing tools for consumer goods, pharma, and industrial manufacturers. Pumps & Process Solutions manufactures specialty pumps, connectors, flow meters, and polymer-processing equipment, while Climate & Sustainability Technologies produces refrigeration systems, display cases, and brazed-plate heat exchangers for commercial and residential climate control.
Financially, Dover reported FY 2023 revenue of roughly **$8.5 billion** with an operating margin of **~9 %**, reflecting steady demand in its aerospace and clean-energy lines. The company’s free cash flow conversion has averaged **~75 %** of earnings over the past three years, supporting a dividend yield near **3.5 %** and a modest share-repurchase program. Its balance sheet remains strong, with a debt-to-EBITDA ratio of **≈2.2×**, indicating manageable leverage for a capital-intensive business.
Key macro drivers include: (1) **U.S. defense spending**, which underpins the Engineered Products segment’s aerospace orders; (2) the **electrification of transportation and growth of alternative-fuel infrastructure**, boosting demand for Clean Energy & Fueling solutions; and (3) **global refrigeration efficiency standards**, which fuel the Climate & Sustainability Technologies segment’s product upgrades. Conversely, a slowdown in vehicle aftermarket activity or tighter credit conditions could pressure earnings.
For a deeper quantitative view of DOV’s valuation metrics and scenario analysis, the ValueRay platform offers a free dashboard that can help you test your assumptions.
DOV Stock Overview
| Market Cap in USD | 24,855m |
| Sub-Industry | Industrial Machinery & Supplies & Components |
| IPO / Inception | 1985-07-01 |
DOV Stock Ratings
| Growth Rating | 17.2% |
| Fundamental | 60.9% |
| Dividend Rating | 35.4% |
| Return 12m vs S&P 500 | -20.5% |
| Analyst Rating | 4.0 of 5 |
DOV Dividends
| Dividend Yield 12m | 1.15% |
| Yield on Cost 5y | 1.93% |
| Annual Growth 5y | 1.00% |
| Payout Consistency | 44.4% |
| Payout Ratio | 10.5% |
DOV Growth Ratios
| Growth Correlation 3m | -42.8% |
| Growth Correlation 12m | -67.7% |
| Growth Correlation 5y | 69% |
| CAGR 5y | 12.94% |
| CAGR/Max DD 3y (Calmar Ratio) | 0.49 |
| CAGR/Mean DD 3y (Pain Ratio) | 1.75 |
| Sharpe Ratio 12m | -1.16 |
| Alpha | -27.54 |
| Beta | 1.259 |
| Volatility | 23.94% |
| Current Volume | 1021.7k |
| Average Volume 20d | 1165.3k |
| Stop Loss | 174.7 (-3%) |
| Signal | -0.21 |
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income (2.25b TTM) > 0 and > 6% of Revenue (6% = 475.4m TTM) |
| FCFTA 0.04 (>2.0%) and ΔFCFTA -4.99pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 28.99% (prev 17.15%; Δ 11.84pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.06 (>3.0%) and CFO 785.3m <= Net Income 2.25b (YES >=105%, WARN >=100%) |
| Net Debt (1.52b) to EBITDA (1.81b) ratio: 0.84 <= 3.0 (WARN <= 3.5) |
| Current Ratio 2.04 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (138.0m) change vs 12m ago -0.14% (target <= -2.0% for YES) |
| Gross Margin 39.67% (prev 37.85%; Δ 1.82pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 62.55% (prev 66.50%; Δ -3.95pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 13.16 (EBITDA TTM 1.81b / Interest Expense TTM 109.9m) >= 6 (WARN >= 3) |
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 (Balance) 14.01b / Total Assets 13.42b |
| warn (B) unusual magnitude: 1.04 — check mapping/units |
| (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 |
| Total Rating: 7.86 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 60.86
| 1. Piotroski 5.50pt = 0.50 |
| 2. FCF Yield 2.15% = 1.08 |
| 3. FCF Margin 7.17% = 1.79 |
| 4. Debt/Equity 0.40 = 2.42 |
| 5. Debt/Ebitda 0.84 = 1.98 |
| 6. ROIC - WACC (= 1.62)% = 2.03 |
| 7. RoE 30.80% = 2.50 |
| 8. Rev. Trend -40.52% = -3.04 |
| 9. EPS Trend 32.13% = 1.61 |
What is the price of DOV shares?
Over the past week, the price has changed by -0.60%, over one month by +8.10%, over three months by -0.86% and over the past year by -5.63%.
Is Dover a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of DOV is around 172.07 USD . This means that DOV is currently overvalued and has a potential downside of -4.48%.
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 | 214.5 | 19.1% |
| Analysts Target Price | 214.5 | 19.1% |
| ValueRay Target Price | 193.7 | 7.5% |
DOV Fundamental Data Overview October 26, 2025
P/E Trailing = 23.5944
P/E Forward = 16.1812
P/S = 3.1369
P/B = 3.073
P/EG = 2.1281
Beta = 1.259
Revenue TTM = 7.92b USD
EBIT TTM = 1.45b USD
EBITDA TTM = 1.81b USD
Long Term Debt = 2.53b USD (from longTermDebt, last fiscal year)
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 = 26.37b USD (24.85b + Debt 3.07b - CCE 1.55b)
Interest Coverage Ratio = 13.16 (Ebit TTM 1.45b / Interest Expense TTM 109.9m)
FCF Yield = 2.15% (FCF TTM 568.1m / Enterprise Value 26.37b)
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 = 1.97 (Enterprise Value 26.37b / 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 = 16.75% (Net Income 2.25b / Total Assets 13.42b)
RoE = 30.80% (Net Income TTM 2.25b / Total Stockholder Equity 7.30b)
RoCE = 14.73% (EBIT 1.45b / Capital Employed (Equity 7.30b + L.T.Debt 2.53b))
RoIC = 11.18% (NOPAT 1.14b / Invested Capital 10.17b)
WACC = 9.56% (E(24.85b)/V(27.93b) * Re(10.65%) + D(3.07b)/V(27.93b) * Rd(0.89%) * (1-Tc(0.21)))
Discount Rate = 10.65% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.75%
[DCF Debug] Terminal Value 70.69% ; FCFE base≈780.4m ; Y1≈840.3m ; Y5≈1.03b
Fair Price DCF = 86.53 (DCF Value 11.87b / Shares Outstanding 137.2m; 5y FCF grow 8.63% → 3.0% )
EPS Correlation: 32.13 | EPS CAGR: 7.27% | SUE: 0.04 | # QB: 0
Revenue Correlation: -40.52 | Revenue CAGR: -1.05% | SUE: -0.33 | # QB: 0
Additional Sources for DOV Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle