Dover Corporation
AI Valuation
AI-generated fair value estimate for this company.
AI Fair Value
$172.15
Market Price
$191.88
Overvalued By
11.5%
Method: 10-year unlevered FCF DCF: $1,120M annual FCF base (FY2025 reported FCF, up 92.4% YoY); 6% FCF growth years 1-5, 4% years 6-10; 8.5% discount rate; 3% terminal growth; $1,540M net debt ($1.76B cash less $3.3B total debt); 134.68M shares outstanding.
Reasoning: Dover is a diversified industrial manufacturer with recovering free cash flow and a long history of steady mid-single-digit organic growth supplemented by M&A, so a standard FCF DCF with moderate growth and discount-rate assumptions is appropriate.