SpinCo = Ralliant (RAL), RemainCo = Fortive (FTV)
Early read:
FTV at $53 = ~18.8x FCF ($2.82/sh)
RAL at $48 = ~14x FCF ($3.40/sh)
I think there's some risk to my FCF estimates for RAL... planning to watch it
Early read:
FTV at $53 = ~18.8x FCF ($2.82/sh)
RAL at $48 = ~14x FCF ($3.40/sh)
I think there's some risk to my FCF estimates for RAL... planning to watch it