TRIMBLE INC (TRMB) Stock Fundamental Analysis
USA - NASDAQ:TRMB - US8962391004 - Common Stock
77.56 USD
+0.54 (+0.7%)
77.56 USD
0 (0%)
Taking everything into account, TRMB scores 5 out of 10 in our fundamental rating. TRMB was compared to 123 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 decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year TRMB was profitable.
TRMB had a positive operating cash flow in the past year.
In the past 5 years TRMB has always been profitable.
TRMB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
TRMB has a better Return On Assets (3.96%) than 65.85% of its industry peers.
TRMB's Return On Equity of 6.18% is fine compared to the rest of the industry. TRMB outperforms 61.79% of its industry peers.
The Return On Invested Capital of TRMB (5.99%) is better than 60.98% of its industry peers.
TRMB had an Average Return On Invested Capital over the past 3 years of 5.93%. This is below the industry average of 9.58%.
The last Return On Invested Capital (5.99%) for TRMB is above the 3 year average (5.93%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.96% | ||
| ROE | 6.18% | ||
| ROIC | 5.99% |
ROA(3y)8.44%
ROA(5y)7.58%
ROE(3y)14.74%
ROE(5y)13.51%
ROIC(3y)5.93%
ROIC(5y)6.42%
1.3 Margins
The Profit Margin of TRMB (9.93%) is better than 80.49% of its industry peers.
TRMB's Profit Margin has improved in the last couple of years.
The Operating Margin of TRMB (15.93%) is better than 89.43% of its industry peers.
In the last couple of years the Operating Margin of TRMB has remained more or less at the same level.
Looking at the Gross Margin, with a value of 68.34%, TRMB belongs to the top of the industry, outperforming 97.56% of the companies in the same industry.
TRMB's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.93% | ||
| PM (TTM) | 9.93% | ||
| GM | 68.34% |
OM growth 3Y-6.07%
OM growth 5Y0.96%
PM growth 3Y44.76%
PM growth 5Y20.99%
GM growth 3Y5.37%
GM growth 5Y3.58%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so TRMB is destroying value.
Compared to 1 year ago, TRMB has less shares outstanding
Compared to 5 years ago, TRMB has less shares outstanding
Compared to 1 year ago, TRMB has an improved debt to assets ratio.
2.2 Solvency
TRMB has an Altman-Z score of 4.54. This indicates that TRMB is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of TRMB (4.54) is better than 68.29% of its industry peers.
The Debt to FCF ratio of TRMB is 4.42, which is a neutral value as it means it would take TRMB, 4.42 years of fcf income to pay off all of its debts.
TRMB has a Debt to FCF ratio of 4.42. This is in the better half of the industry: TRMB outperforms 65.04% of its industry peers.
TRMB has a Debt/Equity ratio of 0.24. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.24, TRMB perfoms like the industry average, outperforming 40.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 4.42 | ||
| Altman-Z | 4.54 |
ROIC/WACC0.66
WACC9.13%
2.3 Liquidity
A Current Ratio of 1.00 indicates that TRMB should not have too much problems paying its short term obligations.
The Current ratio of TRMB (1.00) is worse than 91.06% of its industry peers.
A Quick Ratio of 0.86 indicates that TRMB may have some problems paying its short term obligations.
TRMB has a worse Quick ratio (0.86) than 86.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
TRMB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.60%, which is quite good.
The Earnings Per Share has been growing slightly by 7.45% on average over the past years.
TRMB shows a decrease in Revenue. In the last year, the revenue decreased by -0.86%.
TRMB shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.44% yearly.
EPS 1Y (TTM)16.6%
EPS 3Y2.33%
EPS 5Y7.45%
EPS Q2Q%15.71%
Revenue 1Y (TTM)-0.86%
Revenue growth 3Y0.22%
Revenue growth 5Y2.44%
Sales Q2Q%2.9%
3.2 Future
Based on estimates for the next years, TRMB will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.66% on average per year.
The Revenue is expected to grow by 4.95% on average over the next years.
EPS Next Y6.98%
EPS Next 2Y9.56%
EPS Next 3Y12%
EPS Next 5Y13.66%
Revenue Next Year-3.42%
Revenue Next 2Y1.63%
Revenue Next 3Y3.72%
Revenue Next 5Y4.95%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 25.68, TRMB can be considered very expensive at the moment.
68.29% of the companies in the same industry are more expensive than TRMB, based on the Price/Earnings ratio.
TRMB's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.89.
The Price/Forward Earnings ratio is 22.67, which indicates a rather expensive current valuation of TRMB.
61.79% of the companies in the same industry are more expensive than TRMB, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 34.59. TRMB is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.68 | ||
| Fwd PE | 22.67 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TRMB is on the same level as its industry peers.
The rest of the industry has a similar Price/Free Cash Flow ratio as TRMB.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 58.56 | ||
| EV/EBITDA | 25.12 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of TRMB may justify a higher PE ratio.
TRMB's earnings are expected to grow with 12.00% in the coming years. This may justify a more expensive valuation.
PEG (NY)3.68
PEG (5Y)3.45
EPS Next 2Y9.56%
EPS Next 3Y12%
5. Dividend
5.1 Amount
No dividends for TRMB!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
77.56
+0.54 (+0.7%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners100.41%
Inst Owner Change1.95%
Ins Owners0.23%
Ins Owner Change-2.12%
Market Cap18.46B
Revenue(TTM)3.60B
Net Income(TTM)357.60M
Analysts86
Price Target97.82 (26.12%)
Short Float %2.22%
Short Ratio3.92
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.95%
Min EPS beat(2)10.57%
Max EPS beat(2)11.33%
EPS beat(4)3
Avg EPS beat(4)5.69%
Min EPS beat(4)-1.36%
Max EPS beat(4)11.33%
EPS beat(8)7
Avg EPS beat(8)5.48%
EPS beat(12)10
Avg EPS beat(12)5.29%
EPS beat(16)12
Avg EPS beat(16)4.11%
Revenue beat(2)2
Avg Revenue beat(2)2.21%
Min Revenue beat(2)1.52%
Max Revenue beat(2)2.9%
Revenue beat(4)4
Avg Revenue beat(4)2.03%
Min Revenue beat(4)1.52%
Max Revenue beat(4)2.9%
Revenue beat(8)6
Avg Revenue beat(8)1.17%
Revenue beat(12)6
Avg Revenue beat(12)-0.12%
Revenue beat(16)8
Avg Revenue beat(16)-0.31%
PT rev (1m)0.63%
PT rev (3m)14.15%
EPS NQ rev (1m)0.59%
EPS NQ rev (3m)1.68%
EPS NY rev (1m)0.18%
EPS NY rev (3m)3.04%
Revenue NQ rev (1m)-0.06%
Revenue NQ rev (3m)3.7%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)2.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.68 | ||
| Fwd PE | 22.67 | ||
| P/S | 5.13 | ||
| P/FCF | 58.56 | ||
| P/OCF | 54.13 | ||
| P/B | 3.19 | ||
| P/tB | N/A | ||
| EV/EBITDA | 25.12 |
EPS(TTM)3.02
EY3.89%
EPS(NY)3.42
Fwd EY4.41%
FCF(TTM)1.32
FCFY1.71%
OCF(TTM)1.43
OCFY1.85%
SpS15.13
BVpS24.33
TBVpS-1.74
PEG (NY)3.68
PEG (5Y)3.45
Graham Number40.66
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.96% | ||
| ROE | 6.18% | ||
| ROCE | 7.39% | ||
| ROIC | 5.99% | ||
| ROICexc | 6.18% | ||
| ROICexgc | 35.02% | ||
| OM | 15.93% | ||
| PM (TTM) | 9.93% | ||
| GM | 68.34% | ||
| FCFM | 8.75% |
ROA(3y)8.44%
ROA(5y)7.58%
ROE(3y)14.74%
ROE(5y)13.51%
ROIC(3y)5.93%
ROIC(5y)6.42%
ROICexc(3y)6.28%
ROICexc(5y)6.78%
ROICexgc(3y)44.55%
ROICexgc(5y)43.47%
ROCE(3y)7.31%
ROCE(5y)7.92%
ROICexgc growth 3Y-2.08%
ROICexgc growth 5Y1.83%
ROICexc growth 3Y-12.53%
ROICexc growth 5Y-2.21%
OM growth 3Y-6.07%
OM growth 5Y0.96%
PM growth 3Y44.76%
PM growth 5Y20.99%
GM growth 3Y5.37%
GM growth 5Y3.58%
F-Score5
Asset Turnover0.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 4.42 | ||
| Debt/EBITDA | 1.79 | ||
| Cap/Depr | 12.77% | ||
| Cap/Sales | 0.72% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 43.95% | ||
| Profit Quality | 88.14% | ||
| Current Ratio | 1 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z | 4.54 |
F-Score5
WACC9.13%
ROIC/WACC0.66
Cap/Depr(3y)18.8%
Cap/Depr(5y)22.15%
Cap/Sales(3y)1.06%
Cap/Sales(5y)1.25%
Profit Quality(3y)96.26%
Profit Quality(5y)117.91%
High Growth Momentum
Growth
EPS 1Y (TTM)16.6%
EPS 3Y2.33%
EPS 5Y7.45%
EPS Q2Q%15.71%
EPS Next Y6.98%
EPS Next 2Y9.56%
EPS Next 3Y12%
EPS Next 5Y13.66%
Revenue 1Y (TTM)-0.86%
Revenue growth 3Y0.22%
Revenue growth 5Y2.44%
Sales Q2Q%2.9%
Revenue Next Year-3.42%
Revenue Next 2Y1.63%
Revenue Next 3Y3.72%
Revenue Next 5Y4.95%
EBIT growth 1Y37.37%
EBIT growth 3Y-5.86%
EBIT growth 5Y3.43%
EBIT Next Year7.68%
EBIT Next 3Y9.76%
EBIT Next 5Y7.58%
FCF growth 1Y-44.26%
FCF growth 3Y-10.93%
FCF growth 5Y-0.72%
OCF growth 1Y-43.57%
OCF growth 3Y-10.87%
OCF growth 5Y-1.9%
TRIMBLE INC / TRMB FAQ
Can you provide the ChartMill fundamental rating for TRIMBLE INC?
ChartMill assigns a fundamental rating of 5 / 10 to TRMB.
What is the valuation status of TRIMBLE INC (TRMB) stock?
ChartMill assigns a valuation rating of 4 / 10 to TRIMBLE INC (TRMB). This can be considered as Fairly Valued.
What is the profitability of TRMB stock?
TRIMBLE INC (TRMB) has a profitability rating of 8 / 10.
Can you provide the PE and PB ratios for TRMB stock?
The Price/Earnings (PE) ratio for TRIMBLE INC (TRMB) is 25.68 and the Price/Book (PB) ratio is 3.19.
Can you provide the expected EPS growth for TRMB stock?
The Earnings per Share (EPS) of TRIMBLE INC (TRMB) is expected to grow by 6.98% in the next year.