Dover Corp (DOV) Files 10-K for the Fiscal Year Ended on December 31, 2017
- By insider
Dover Corp (DOV) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Dover Corp is a multi-business operator in North America. It has footprint in engineered systems, energy, fluids and refrigeration and food equipment businesses. Dover Corp has a market cap of $15.17 billion; its shares were traded at around $97.35 with a P/E ratio of 18.91 and P/S ratio of 1.96. The dividend yield of Dover Corp stocks is 1.86%. Dover Corp had annual average EBITDA growth of 4.90% over the past ten years.
Warning! GuruFocus has detected 6 Warning Signs with DOV. Click here to check it out.
The intrinsic value of DOV
For the last quarter Dover Corp reported a revenue of $2 billion, compared with the revenue of $1.8 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $7.8 billion, an increase of 15.2% from last year. For the last five years Dover Corp had an average revenue growth rate of 1.6% a year.
The reported diluted earnings per share was $5.15 for the year, an increase of 58.5% from previous year. Over the last five years Dover Corp had an average EPS decline of 2.2% a year. The Dover Corp had a decent operating margin of 11.68%, compared with the operating margin of 10.52% a year before. The 10-year historical median operating margin of Dover Corp is 14.36%. The profitability rank of the company is 8 (out of 10).
At the end of the fiscal year, Dover Corp has the cash and cash equivalents of $754.0 million, compared with $349.1 million in the previous year. The long term debt was $3 billion, compared with $3.2 billion in the previous year. The interest coverage to the debt is 6.3. Dover Corp has a financial strength rank of 5 (out of 10).
At the current stock price of $97.35, Dover Corp is traded at 39% premium to its historical median P/S valuation band of $70.05. The P/S ratio of the stock is 1.96, while the historical median P/S ratio is 1.41. The stock gained 26.05% during the past 12 months.
For the complete 20-year historical financial data of DOV, click here.
This article first appeared on GuruFocus.
Warning! GuruFocus has detected 6 Warning Signs with DOV. Click here to check it out.
The intrinsic value of DOV
