Fortive Corp (FTV) is overvalued and Trimble Inc (TRMB) is overvalued.
Both trade above our estimate of their intrinsic value. TRMB is the closer of the two: -75%, against -170% for FTV.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 9.4% (average of 3 methods) values the shares at $20.74; the price of $55.95 is 170% above that value, and 74% of that value comes from beyond year five.
Leak Score 27/100 on 3 of 12 signals
Discounting its cash flows at 10.6% (average of 2 methods) values the shares at $33.92; the price of $59.30 is 75% above that value, and 70% of that value comes from beyond year five.
Leak Score 0/100 on 2 of 12 signals
| Metric | FTV | TRMB |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $55.95 | $59.30 |
| Intrinsic value | $20.74 | $33.92 |
| Margin of safety | -170% | -75% |
| Leak Score | 27/100 (3/12) | 0/100 (2/12) |
| Market cap | $16.9B | $13.8B |
| Revenue growth, 5 years | -2.1% | 2.6% |
| Operating margin | 18.2% | 18.7% |
| Net margin | 12.4% | -2.8% |
| Return on equity | 7.3% | -1.9% |
| Debt to equity | 0.58 | 0.29 |
| P/E | 33.0x | — |
| Forward P/E | 17.2x | 14.4x |
| P/B | 2.8x | 2.7x |
| Dividend yield | 0.4% | — |