TRIMBLE INC (TRMB)
US8962391004 - Common Stock
Taking everything into account, TRMB scores 5 out of 10 in our fundamental rating. TRMB was compared to 124 industry peers in the Electronic Equipment, Instruments & Components industry. TRMB scores excellent on profitability, but there are some minor concerns on its financial health. TRMB has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
TRMB had positive earnings in the past year.
In the past year TRMB had a positive cash flow from operations.
Each year in the past 5 years TRMB has been profitable.
Each year in the past 5 years TRMB had a positive operating cash flow.
1.2 Ratios
TRMB's Return On Assets of 14.97% is amongst the best of the industry. TRMB outperforms 97.56% of its industry peers.
The Return On Equity of TRMB (25.14%) is better than 94.31% of its industry peers.
With a decent Return On Invested Capital value of 4.41%, TRMB is doing good in the industry, outperforming 61.79% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for TRMB is in line with the industry average of 8.68%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.97% | ||
| ROE | 25.14% | ||
| ROIC | 4.41% |
ROA(3y)5.46%
ROA(5y)5.96%
ROE(3y)10.17%
ROE(5y)11.57%
ROIC(3y)7.04%
ROIC(5y)6.78%
1.3 Margins
Looking at the Profit Margin, with a value of 40.67%, TRMB belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
TRMB's Profit Margin has declined in the last couple of years.
With an excellent Operating Margin value of 11.50%, TRMB belongs to the best of the industry, outperforming 84.55% of the companies in the same industry.
In the last couple of years the Operating Margin of TRMB has grown nicely.
TRMB has a better Gross Margin (63.11%) than 96.75% of its industry peers.
TRMB's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.5% | ||
| PM (TTM) | 40.67% | ||
| GM | 63.11% |
OM growth 3Y-2.76%
OM growth 5Y4.23%
PM growth 3Y-12.86%
PM growth 5Y-2.07%
GM growth 3Y3.27%
GM growth 5Y2.58%
2. Health
2.1 Basic Checks
TRMB has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for TRMB remains at a similar level compared to 1 year ago.
TRMB has less shares outstanding than it did 5 years ago.
TRMB has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.69 indicates that TRMB is not in any danger for bankruptcy at the moment.
TRMB's Altman-Z score of 3.69 is fine compared to the rest of the industry. TRMB outperforms 61.79% of its industry peers.
The Debt to FCF ratio of TRMB is 3.75, which is a good value as it means it would take TRMB, 3.75 years of fcf income to pay off all of its debts.
TRMB has a Debt to FCF ratio of 3.75. This is in the better half of the industry: TRMB outperforms 63.41% of its industry peers.
A Debt/Equity ratio of 0.24 indicates that TRMB is not too dependend on debt financing.
The Debt to Equity ratio of TRMB (0.24) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 3.75 | ||
| Altman-Z | 3.69 |
ROIC/WACC0.44
WACC9.99%
2.3 Liquidity
A Current Ratio of 1.16 indicates that TRMB should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.16, TRMB is doing worse than 90.24% of the companies in the same industry.
A Quick Ratio of 1.07 indicates that TRMB should not have too much problems paying its short term obligations.
TRMB has a Quick ratio of 1.07. This is in the lower half of the industry: TRMB underperforms 79.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.16 | ||
| Quick Ratio | 1.07 |
3. Growth
3.1 Past
TRMB shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -1.89%.
The Earnings Per Share has been growing slightly by 6.93% on average over the past years.
Looking at the last year, TRMB shows a decrease in Revenue. The Revenue has decreased by -2.43% in the last year.
TRMB shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.09% yearly.
EPS 1Y (TTM)-1.89%
EPS 3Y6.35%
EPS 5Y6.93%
EPS Q2Q%2.94%
Revenue 1Y (TTM)-2.43%
Revenue growth 3Y6.47%
Revenue growth 5Y4.09%
Sales Q2Q%-8.51%
3.2 Future
The Earnings Per Share is expected to grow by 8.89% on average over the next years. This is quite good.
TRMB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.46% yearly.
EPS Next Y7.8%
EPS Next 2Y6.66%
EPS Next 3Y8.89%
EPS Next 5YN/A
Revenue Next Year-3.56%
Revenue Next 2Y-3.08%
Revenue Next 3Y1.46%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 27.58 indicates a quite expensive valuation of TRMB.
Based on the Price/Earnings ratio, TRMB is valued a bit cheaper than the industry average as 65.85% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 28.96. TRMB is around the same levels.
TRMB is valuated rather expensively with a Price/Forward Earnings ratio of 23.51.
Based on the Price/Forward Earnings ratio, TRMB is valued a bit cheaper than the industry average as 61.79% of the companies are valued more expensively.
TRMB's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.58 | ||
| Fwd PE | 23.51 |
4.2 Price Multiples
TRMB's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, TRMB is valued a bit cheaper than the industry average as 61.79% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.5 | ||
| EV/EBITDA | 27.48 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates TRMB does not grow enough to justify the current Price/Earnings ratio.
TRMB has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)3.54
PEG (5Y)3.98
EPS Next 2Y6.66%
EPS Next 3Y8.89%
5. Dividend
5.1 Amount
No dividends for TRMB!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TRIMBLE INC
NASDAQ:TRMB (11/21/2024, 8:00:01 PM)
Premarket: 72.18 +0.75 (+1.05%)71.43
+0.95 (+1.35%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap17.44B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.58 | ||
| Fwd PE | 23.51 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)3.54
PEG (5Y)3.98
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.97% | ||
| ROE | 25.14% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 11.5% | ||
| PM (TTM) | 40.67% | ||
| GM | 63.11% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.37
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.16 | ||
| Quick Ratio | 1.07 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-1.89%
EPS 3Y6.35%
EPS 5Y
EPS Q2Q%
EPS Next Y7.8%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-2.43%
Revenue growth 3Y6.47%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y