Financials Trimble, Inc.

Equities

TRMB

US8962391004

Software

Market Closed - Nasdaq 21:00:00 22/04/2024 BST 5-day change 1st Jan Change
58.94 USD +1.67% Intraday chart for Trimble, Inc. -0.79% +10.79%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 10,456 16,454 21,938 12,450 13,234 14,394 - -
Enterprise Value (EV) 1 12,110 17,764 22,906 13,699 16,071 15,813 15,139 14,477
P/E ratio 20.7 x 42.4 x 45.1 x 28 x 42.6 x 37.6 x 32.2 x 24.3 x
Yield - - - - - - - -
Capitalization / Revenue 3.2 x 5.22 x 6 x 3.39 x 3.48 x 3.98 x 3.83 x 3.46 x
EV / Revenue 3.7 x 5.64 x 6.26 x 3.73 x 4.23 x 4.38 x 4.03 x 3.48 x
EV / EBITDA 16.3 x 22.2 x 24.4 x 14.9 x 15.9 x 16.4 x 14.9 x 12.7 x
EV / FCF 23.5 x 28.9 x 32.5 x 39.4 x 29 x 28 x 20.4 x 16.2 x
FCF Yield 4.26% 3.46% 3.08% 2.54% 3.45% 3.57% 4.9% 6.19%
Price to Book 3.4 x 4.61 x 5.63 x 3.12 x 2.93 x 3.61 x 3.29 x -
Nbr of stocks (in thousands) 249,134 250,176 251,008 246,625 248,768 244,208 - -
Reference price 2 41.97 65.77 87.40 50.48 53.20 58.94 58.94 58.94
Announcement Date 12/02/20 10/02/21 09/02/22 08/02/23 12/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 3,271 3,152 3,659 3,676 3,799 3,613 3,756 4,155
EBITDA 1 743 798.7 936.9 917.3 1,010 961.9 1,018 1,142
EBIT 1 667.8 719.6 857 841.5 934.7 885.8 933.6 1,065
Operating Margin 20.41% 22.83% 23.42% 22.89% 24.61% 24.52% 24.86% 25.64%
Earnings before Tax (EBT) 1 344.8 395 574.6 569.1 357 446.9 542 721
Net income 1 514.3 389.9 492.7 449.7 311.3 364.7 422.9 585
Net margin 15.72% 12.37% 13.47% 12.23% 8.19% 10.09% 11.26% 14.08%
EPS 2 2.030 1.550 1.940 1.800 1.250 1.566 1.830 2.430
Free Cash Flow 1 516 615.2 704.4 348 555.1 564.1 742.5 896
FCF margin 15.77% 19.52% 19.25% 9.47% 14.61% 15.61% 19.77% 21.56%
FCF Conversion (EBITDA) 69.45% 77.03% 75.18% 37.94% 54.98% 58.65% 72.95% 78.42%
FCF Conversion (Net income) 100.33% 157.78% 142.97% 77.38% 178.32% 154.7% 175.55% 153.16%
Dividend per Share 2 - - - - - - - -
Announcement Date 12/02/20 10/02/21 09/02/22 08/02/23 12/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 901.4 926 993.7 941.2 884.9 856.5 915.4 993.6 957.3 932.4 917.8 882 877.5 936 887.3
EBITDA 1 233.4 222.9 253.3 227.5 228.1 208.4 248.8 251.5 268.2 241.2 234 224.7 234.9 266.7 230.8
EBIT 1 214.7 204.5 233.1 210.7 209.9 187.8 226.1 231 251 226.6 217.1 206.2 214.2 245.9 203.4
Operating Margin 23.82% 22.08% 23.46% 22.39% 23.72% 21.93% 24.7% 23.25% 26.22% 24.3% 23.66% 23.38% 24.41% 26.28% 22.93%
Earnings before Tax (EBT) 1 156.7 118.1 138.5 221.6 117.9 91.1 160.6 57.5 79.4 59.5 90.7 86.86 111.2 158.2 88.07
Net income 1 124 115.3 110.3 168 85.8 85.6 128.8 44.6 74.9 63 66.84 67.22 83.45 120.4 74.16
Net margin 13.76% 12.45% 11.1% 17.85% 9.7% 9.99% 14.07% 4.49% 7.82% 6.76% 7.28% 7.62% 9.51% 12.86% 8.36%
EPS 2 0.4900 0.4500 0.4400 0.6700 0.3400 0.3400 0.5200 0.1800 0.3000 0.2500 0.3125 0.3150 0.3900 0.5450 0.3000
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 03/11/21 09/02/22 05/05/22 05/08/22 02/11/22 08/02/23 03/05/23 03/08/23 01/11/23 12/02/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,654 1,310 968 1,249 2,837 1,420 745 83.6
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.226 x 1.64 x 1.033 x 1.362 x 2.81 x 1.476 x 0.7322 x 0.0731 x
Free Cash Flow 1 516 615 704 348 555 564 742 896
ROE (net income / shareholders' equity) 17.4% 16.7% 13.1% 16.5% 15.5% 18.4% 14.5% -
ROA (Net income/ Total Assets) - - 7.05% 9.19% 7.9% 7.4% 7.7% -
Assets 1 - - 6,988 4,893 3,942 4,928 5,493 -
Book Value Per Share 2 12.30 14.30 15.50 16.20 18.20 16.30 17.90 -
Cash Flow per Share 2.310 2.660 2.950 - - - - -
Capex 1 69 56.8 46.1 43.2 42 47.4 48.9 51
Capex / Sales 2.11% 1.8% 1.26% 1.18% 1.11% 1.31% 1.3% 1.23%
Announcement Date 12/02/20 10/02/21 09/02/22 08/02/23 12/02/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
12
Last Close Price
58.94 USD
Average target price
68.27 USD
Spread / Average Target
+15.82%
Consensus
  1. Stock Market
  2. Equities
  3. TRMB Stock
  4. Financials Trimble, Inc.