QualityDipStocks / Industrials · Industrial machinery
Trimble TRMB
Outside our quality screen, so we don’t track its dips. It’s 22% below its 52-week high.
Outside our quality screen, trading above our fair value estimate, 5% over its Market Value.
- Fair value est.
- $52.58−19%
- Market Value
- $61.59price +5%
- Off 52-wk high
- −22%
- Risk vs market
- Market-likebeta 1.06
5 bullish · 5 bearish See why
Key levels
Every level vs today’s $64.94
- 52-wk lowlowest close, 1 year$48.87−24.7%
- Fair value est.base case$52.58−19.0%
- Market Valueavg paid since Oct 2$61.59−5.2%
- PriceFri Oct 30 close$64.94you are here
- 52-wk highhighest close, 1 year$83.52+28.6%
Fair value estimate
How the range is computed
Ten-year free-cash-flow DCF. Same 10-year free-cash-flow model as the base: discount rate 9.5% ±1 point and growth 3.0% ±2 points. Bear = 10.5% and 1.0%; bull = 8.5% and 5.0% (both fade to 3%). A model estimate from public filings, not a forecast of where the price will go.
Price sits inside the range.
What the price implies To be worth today’s price, TRMB’s free cash flow would need to grow about 7% a year for five years; our estimate uses 3%.
Risk vs market
How risk vs market is measured
One year of daily returns (Oct 30 to Oct 30, 252 sessions). Beta = how much TRMB moved for each 1% move in the S&P 500 (SPY); 1.0 moves with the market. Volatility is the yearly standard deviation of daily returns. Past behavior, not a forecast.
Moves about in line with the market, and its own price swings are 2.5× the S&P 500’s.
- Beta vs S&P 500
- 1.06
- Volatility
- 32% vs 13% SPY
- Correlation SPY
- 0.42
- Correlation QQQ
- 0.27
Bull vs bear
Rule-based from the data on this page, strongest first. Not advice.
Top bullish points 5 of 5
Cash returnsFree cash flow grew 169% over the last 12 months vs the 12 months before.
Balance sheetPaid down debt: $1.4B at FY2026, 61% less than at FY2023.
ProfitabilityGross margin widened to 69.1% in FY2026 from 61.4% in FY2023 (SEC filings).
ProfitabilityOperating margin widened to 16.5% in FY2026 from 11.8% in FY2023 (SEC filings).
ValuationFree-cash-flow yield of 5.1% (price / FCF 19.6×): $773M of free cash in the last 12 months.
Top bearish points 5 of 5
ValuationOur DCF fair value estimate is $52.58, 19% below the price.
GrowthDiluted EPS fell 71% to $1.76 in FY2026.
ProfitabilityLost $105M over the last 12 months (net income, SEC filings).
GrowthSales grew only −0.8% a year from FY2022 to FY2026.
QualityDoesn’t pass our quality screen: ROE under 12% and ROIC under 10%.
Who’s talking about it
Notable investors, executives, analysts and public figures on Trimble in the last 48 hours. Headlines as published, each linked. Their words, not ours.
No notable mentions in the last 48 hours. Checked Nov 1, 9:09 PM ET.
Compare with peers
Closest in size in Industrial machinery
All fundamentals
FCF yield 5.1% · ROE -2% · Sales +6%
Valuation
- P/E
- n/aloss over the last 12 months
- Price / FCF
- 19.6×
- FCF yield
- 5.1%
- EV / EBITDA
- 19.4×
- Price / sales
- 4.00×
- Price / book
- 2.96×
- Market cap
- $15.1Bprice × diluted shares
- Enterprise value
- $16.4B
Growth
- Revenue, 12 months
- $3.8B
- Sales growth, 12 months
- +5.8%vs the 12 months before
- Sales growth, 3 yrs
- −0.8%/yrfrom FY2022
- Diluted EPS, 12 months
- −$0.48
- EPS growth, last FY
- −71.1%
- Net income, 12 months
- −$105M
- Net income growth
- n/anot reported in its SEC filings
Profitability
- Gross margin
- 69.8%
- Operating margin
- 17.0%
- Net margin
- −2.8%
- FCF margin
- 20.4%
- Return on equity
- −2%
- Return on invested capital
- 8%
Balance sheet
- Cash & short-term inv.
- $214M
- Total debt
- $1.5B
- Net cash
- −$1.2B
- Debt / equity
- 0.29×
- Interest coverage
- 8.1×operating income / interest
Cash flow & returns
- Free cash flow, 12 months
- $773M
- FCF growth, 12 months
- +169%
- Dividend yield
- 0%
- Payout ratio
- n/anot reported in its SEC filings
- Buybacks, 12 months
- $515M3.4% of market cap
- Share count, 1 year
- −2.8%diluted shares vs a year ago
- Stock-based comp
- $155M
Trailing 12 months to Jul 3, 2026; balance sheet at Jul 3, 2026. From Trimble’s SEC filings. Sparklines show up to six fiscal years. n/a means we don’t hold that number, with the reason. How each is computed.
Valuation details
DCF $52.58 · MV $61.59 · FCF value $73.70
Assumes 3.0% growth for 5 years (revenue grew -0.8% a year FY22–FY26; floored at 3%), fading to 3%; 9.5% discount rate, 3% terminal growth. FCF base $3.32 a share (trailing 12 months to Jul 3, 2026), from the 10-Q filed Aug 12, 2026. Net debt $1.2B, not deducted.
Setup & signals
No setup armed
No setup armed, so there’s no trigger or stop to track yet. Reversal signal rules only run on companies that pass our quality screen.
Momentum & 52-week range
RSI 67 · 5 days +2.3%
The business
FCF $0.7B · Sales +11%
- Free cash flow, 12 months$0.7B
- Free-cash-flow yield4.5%
- Free-cash-flow margin18%
- Gross margin72%
- Operating margin15%
- Return on invested capital7%
- Return on equity−2%
- Sales growth (latest quarter vs year-ago quarter)+11%
- Net debt / EBITDA1.4×
Next report
Nov 4
- DateWed Nov 4, before the open
- Consensus EPS$0.73
- Year-ago EPS$0.70
- QuarterSep/2026
From Nasdaq’s earnings calendar. A report resets Market Value.
Information only, not investment advice. Fair value estimates and talking points are rule-based model output from public data and can be wrong; stop levels are reference points, not orders. How every number is computed.
TRMB is outside our quality screen
One text when a published rule fires on one of the 333 quality companies we track: the ticker, the price, the stop and a link to the numbers. Nothing else.