ESCO Technologies Inc. (ESE) vs Fortive Corporation (FTV)

ESCO Technologies Inc. and Fortive Corporation are both Scientific & Technical Instruments companies. Fortive Corporation is the larger, with a market value of $19.5B against $7.0B — 2.8× the size. ESCO Technologies Inc. trades at the lower P/E: 19.0× against 30.7×. ESCO Technologies Inc. grew revenue faster over the last twelve months: 34.3% against 6.98%. ESCO Technologies Inc. has the higher net margin (24.4% vs 14.8%) and the higher return on invested capital (7.76% vs 5.93%). Both pay a dividend; Fortive Corporation yields more (0.38% vs 0.14%). Across the 23 metrics below, ESCO Technologies Inc. leads on 14 and Fortive Corporation on 9.

Valuation

Metric ESE FTV Scientific & Technical Instruments median
P/E 18.99 30.73 28.21
P/S 4.63 4.46 4.46
P/B 3.69 3.29 3.10
Price to free cash flow 30.38 18.06 24.15
EV/EBITDA 19.38 18.00 18.28
EV/Sales 4.64 5.38 4.64
Earnings yield 5.27% 3.25% 0.68%
Free cash flow yield 3.29% 5.54% 1.98%

Profitability

Metric ESE FTV Scientific & Technical Instruments median
Gross margin 42.01% 63.47% 47.24%
Operating margin 15.66% 19.63% 8.96%
Net margin 24.39% 14.83% 1.92%
Free cash flow margin 15.23% 24.69% 10.59%
Return on equity 21.39% 10.46% 2.66%
Return on assets 12.73% 5.57% 1.12%
Return on invested capital 7.76% 5.93% 4.79%

Growth

Metric ESE FTV Scientific & Technical Instruments median
Revenue growth (TTM) 34.33% 6.98% 9.26%
EPS growth (last fiscal year) 193.15% (26.69%) 13.24%
Revenue growth, 5-year CAGR 8.44% (2.14%) 7.89%
Net income growth, 5-year CAGR 24.66% (17.81%) 0.00%

Health

Metric ESE FTV Scientific & Technical Instruments median
Debt to equity 0.05 0.59 0.00
Current ratio 1.38 1.23 2.30
Net debt to EBITDA 0.34 2.44 0.45

Dividend

Metric ESE FTV Scientific & Technical Instruments median
Dividend yield 0.14% 0.38% 0.62%
Payout ratio 0.03 0.12 0.22

Size

Metric ESE FTV Scientific & Technical Instruments median
Market cap 7.00b 19.47b 549.07m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack