Fortive Corporation (FTV) vs Sensata Technologies Holding N.V. (ST)

Fortive Corporation and Sensata Technologies Holding N.V. are both Scientific & Technical Instruments companies. Fortive Corporation is the larger, with a market value of $16.7B against $6.0B — 2.8× the size. Fortive Corporation trades at the lower P/E: 32.6× against 69.2×. Fortive Corporation grew revenue faster over the last twelve months: 43.2% against 0.80%. Fortive Corporation has the higher net margin (12.4% vs 2.38%) and the higher return on invested capital (5.34% vs 3.55%). Both pay a dividend; Sensata Technologies Holding N.V. yields more (1.46% vs 0.38%). Across the 23 metrics below, Fortive Corporation leads on 14 and Sensata Technologies Holding N.V. on 9.

Valuation

Metric FTV ST Scientific & Technical Instruments median
P/E 32.61 69.16 35.93
P/S 3.95 1.63 4.46
P/B 2.81 2.07 3.00
Price to free cash flow 18.20 10.60 24.96
EV/EBITDA 17.09 10.85 19.60
EV/Sales 4.89 2.17 4.98
Earnings yield 3.07% 1.45% 0.53%
Free cash flow yield 5.50% 9.44% 1.12%

Profitability

Metric FTV ST Scientific & Technical Instruments median
Gross margin 63.23% 29.50% 45.75%
Operating margin 18.23% 7.53% 7.34%
Net margin 12.38% 2.38% 1.56%
Free cash flow margin 21.72% 15.34% 5.84%
Return on equity 6.49% 3.08% 2.87%
Return on assets 3.58% 1.30% 0.99%
Return on invested capital 5.34% 3.55% 3.88%

Growth

Metric FTV ST Scientific & Technical Instruments median
Revenue growth (TTM) 43.22% 0.80% 11.28%
EPS growth (last fiscal year) (26.69%) (75.29%) —
Revenue growth, 5-year CAGR (2.14%) 3.99% 7.89%
Net income growth, 5-year CAGR (17.81%) (28.22%) 0.00%

Health

Metric FTV ST Scientific & Technical Instruments median
Debt to equity 0.58 0.83 0.00
Current ratio 1.24 2.29 2.24
Net debt to EBITDA 2.44 3.14 0.44

Dividend

Metric FTV ST Scientific & Technical Instruments median
Dividend yield 0.38% 1.46% 0.72%
Payout ratio 0.13 0.18 0.00

Size

Metric FTV ST Scientific & Technical Instruments median
Market cap 16.74b 5.98b 483.67m

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