Dover Corporation Intrinsic Value Calculator – DOVER CORPORATION Reports Fourth Quarter Fiscal Year 2022 Earnings Results
February 7, 2023
Earnings report
Dover Corporation Intrinsic Value Calculator – DOVER CORPORATION ($NYSE:DOV), a multinational diversified industrial manufacturing company, reported their earnings results for the fourth quarter of the fiscal year 2022, ending on December 31 2022, on January 31 2023. The company saw a total revenue of USD 263.6 million, representing a 27.3% decrease from the same time period the previous year. Despite this, their net income grew by 7.5%, amounting to USD 2139.2 million. The company’s fourth quarter earnings report showed that while they saw a decrease in revenue compared to the same time period the previous year, their net income grew.
This was largely due to a decrease in expenses and cost-cutting measures implemented by management. He went on to add that the company’s “strong operational performance and financial discipline” have enabled them to continue to invest in their future growth. Overall, DOVER CORPORATION’s fourth quarter earnings results demonstrate that the company is continuing to perform well despite the challenging economic environment. Investors will be looking forward to seeing what the company can do in the next quarter and beyond.
Price History
DOVER CORPORATION opened at $146.5 and closed at $151.8, representing a 5.9% increase from the prior closing price of 143.3. The company reported positive results across all divisions, with particular strength in its Engineered Systems and Refrigeration and Food Equipment businesses. This was due to higher demand for components and systems used in the automotive, aerospace, and industrial sectors. This was driven by strong demand in the company’s core businesses coupled with cost savings initiatives implemented during the quarter. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Dover Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 8.51k | 1.07k | 12.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Dover Corporation. More…
| Operations | Investing | Financing |
| 805.72 | -540.92 | -260.26 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Dover Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 10.9k | 6.61k | 28.44 |
Key Ratios Snapshot
Some of the financial key ratios for Dover Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 6.0% | 10.5% | 16.5% |
| FCF Margin | ROE | ROA |
| 6.9% | 22.0% | 8.1% |
Analysis – Dover Corporation Intrinsic Value Calculator
GoodWhale conducted an analysis of DOVER CORPORATION‘s wellbeing, and concluded that the company is performing well. Our proprietary Valuation Line shows the fair value of DOVER CORPORATION share to be around $150.9. Currently, the stock is traded at $151.8, which is a fair price. The analysis done by GoodWhale finds that DOVER CORPORATION is in a strong financial position, with healthy balance sheets, cash flows, and profits. Additionally, the company’s management team has been able to create and maintain substantial shareholder value over the years. GoodWhale’s analysis also considers the company’s competitive landscape and potential risks. DOVER CORPORATION has a solid competitive advantage in its industry, with leading market share and a diversified portfolio of products and services. The company has also taken steps to mitigate potential risks and maximize returns on investments. Overall, GoodWhale’s analysis finds that DOVER CORPORATION is in good financial health. The current stock price of $151.8 is an accurate reflection of the company’s value, making it a good opportunity for investors looking for a stable, long-term investment. More…
Peers
The company has been in business for over 100 years and has a history of competitive rivalry with other companies in its industry. John Bean Technologies Corp, Georg Fischer AG, and Trelleborg AB are all major competitors of Dover Corp. Each company has a unique set of products and services that it offers, and each company competes for market share in the global marketplace.
– John Bean Technologies Corp ($NYSE:JBT)
John Bean Technologies Corporation provides technology solutions for the food processing and air transportation industries worldwide. It operates through Food & beverage solutions, and Airport solutions segments. The Food & beverage solutions segment offers a range of systems and services for food processors, including protein, fruit and vegetable, grain and pasta, and dairy. This segment also provides solutions for the brewing industry. The Airport solutions segment offers a range of solutions and services for airports, airlines, and ground handlers, including air traffic control towers, bag handling, and deicing. The company was founded in 1884 and is headquartered in Chicago, Illinois.
– Georg Fischer AG ($LTS:0QP4)
Georg Fischer AG is a Switzerland-based holding company engaged in the industrial sector. The Company operates through three business segments. The Piping Systems Division is engaged in the development, production and distribution of pipes, fittings, valves and related accessories made of various materials, including metal and plastic, primarily for the building sector and water and gas utilities. The Automotive Division is a supplier of products, systems and services for the automotive industry. The Machining Solutions Division focuses on developing and supplying products and systems for the machining of large and heavy components. The Company operates in over 30 countries worldwide.
– Trelleborg AB ($LTS:0NL3)
Trelleborg AB is a Swedish multinational conglomerate that develops, manufactures, and sells products for a variety of industries including automotive, aircraft, construction, oil and gas, and more. The company has a market cap of 58.94B as of 2022 and a Return on Equity of 10.04%. Trelleborg is a global leader in its field and has a strong presence in Europe, North America, and Asia.
Summary
DOVER CORPORATION recently reported their earnings for the fourth quarter of 2022, showing a decrease in total revenue of 27.3%, yet an increase in net income of 7.5%. This news sent their stock price up on the same day. For investors looking to invest in DOVER CORPORATION, the company’s recent financials are encouraging. Their net income increased despite a decrease in total revenue, indicating a more efficient use of resources and a better management of costs. The company has also demonstrated a commitment to returning value to shareholders through stock buybacks, dividend payments, and capital investments.
Looking ahead, investors should consider the company’s long-term prospects. The company’s ability to maintain its current levels of profitability or further increase its net income will depend on its ability to manage costs, develop new products and services, and continue to return value to shareholders. A careful analysis of the company’s financials and strategy over the past several years can provide useful insight into the company’s future prospects. Overall, investing in DOVER CORPORATION can be a rewarding experience if investors do their due diligence and are willing to commit the time and resources necessary to analyze the company’s operations and financials.
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