TRIMBLE INC (TRMB) Stock Fundamental Analysis
USA - NASDAQ:TRMB - US8962391004 - Common Stock
78.9 USD
+0.08 (+0.1%)
78.9 USD
0 (0%)
TRMB gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 124 industry peers in the Electronic Equipment, Instruments & Components industry. While TRMB has a great profitability rating, there are some minor concerns on its financial health. TRMB has a correct valuation and a medium growth rate.
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.
Each year in the past 5 years TRMB had a positive operating cash flow.
1.2 Ratios
TRMB has a Return On Assets of 3.15%. This is in the better half of the industry: TRMB outperforms 62.10% of its industry peers.
The Return On Equity of TRMB (5.04%) is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 5.54%, TRMB is in the better half of the industry, outperforming 60.48% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for TRMB is below the industry average of 9.51%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.15% | ||
| ROE | 5.04% | ||
| ROIC | 5.54% |
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
With a decent Profit Margin value of 8.02%, TRMB is doing good in the industry, outperforming 74.19% of the companies in the same industry.
TRMB's Profit Margin has improved in the last couple of years.
TRMB has a better Operating Margin (14.76%) than 87.90% of its industry peers.
In the last couple of years the Operating Margin of TRMB has remained more or less at the same level.
TRMB has a better Gross Margin (67.56%) than 96.77% of its industry peers.
In the last couple of years the Gross Margin of TRMB has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.76% | ||
| PM (TTM) | 8.02% | ||
| GM | 67.56% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), TRMB is destroying value.
Compared to 1 year ago, TRMB has less shares outstanding
TRMB has less shares outstanding than it did 5 years ago.
The debt/assets ratio for TRMB has been reduced compared to a year ago.
2.2 Solvency
TRMB has an Altman-Z score of 4.38. This indicates that TRMB is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of TRMB (4.38) is better than 66.13% of its industry peers.
The Debt to FCF ratio of TRMB is 5.27, which is a neutral value as it means it would take TRMB, 5.27 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 5.27, TRMB is in the better half of the industry, outperforming 61.29% of the companies in the same industry.
TRMB has a Debt/Equity ratio of 0.25. This is a healthy value indicating a solid balance between debt and equity.
TRMB has a Debt to Equity ratio (0.25) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 5.27 | ||
| Altman-Z | 4.38 |
ROIC/WACC0.6
WACC9.17%
2.3 Liquidity
A Current Ratio of 0.94 indicates that TRMB may have some problems paying its short term obligations.
With a Current ratio value of 0.94, TRMB is not doing good in the industry: 91.13% of the companies in the same industry are doing better.
A Quick Ratio of 0.81 indicates that TRMB may have some problems paying its short term obligations.
TRMB's Quick ratio of 0.81 is on the low side compared to the rest of the industry. TRMB is outperformed by 86.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.81 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 16.60% over the past year.
TRMB shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.45% yearly.
The Revenue has decreased by -3.04% in the past year.
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)-3.04%
Revenue growth 3Y0.22%
Revenue growth 5Y2.44%
Sales Q2Q%2.9%
3.2 Future
TRMB is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.66% yearly.
TRMB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.95% yearly.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
The Price/Earnings ratio is 26.13, which means the current valuation is very expensive for TRMB.
Compared to the rest of the industry, the Price/Earnings ratio of TRMB indicates a somewhat cheap valuation: TRMB is cheaper than 68.55% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 25.83. TRMB is around the same levels.
TRMB is valuated rather expensively with a Price/Forward Earnings ratio of 23.06.
TRMB's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. TRMB is cheaper than 65.32% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 32.68. TRMB is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.13 | ||
| Fwd PE | 23.06 |
4.2 Price Multiples
TRMB's Enterprise Value to EBITDA is on the same level as the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as TRMB.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 65.4 | ||
| EV/EBITDA | 27.29 |
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.
The decent profitability rating of TRMB may justify a higher PE ratio.
A more expensive valuation may be justified as TRMB's earnings are expected to grow with 12.00% in the coming years.
PEG (NY)3.74
PEG (5Y)3.51
EPS Next 2Y9.56%
EPS Next 3Y12%
5. Dividend
5.1 Amount
TRMB does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
78.9
+0.08 (+0.1%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners100.41%
Inst Owner Change1.02%
Ins Owners0.23%
Ins Owner Change-12.95%
Market Cap18.78B
Revenue(TTM)3.68B
Net Income(TTM)286.70M
Analysts86
Price Target97.82 (23.98%)
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)6.78%
Min EPS beat(2)2.23%
Max EPS beat(2)11.33%
EPS beat(4)3
Avg EPS beat(4)5.81%
Min EPS beat(4)-1.36%
Max EPS beat(4)11.33%
EPS beat(8)7
Avg EPS beat(8)5.56%
EPS beat(12)9
Avg EPS beat(12)4.24%
EPS beat(16)12
Avg EPS beat(16)4%
Revenue beat(2)2
Avg Revenue beat(2)2.26%
Min Revenue beat(2)1.63%
Max Revenue beat(2)2.9%
Revenue beat(4)3
Avg Revenue beat(4)1.48%
Min Revenue beat(4)-0.68%
Max Revenue beat(4)2.9%
Revenue beat(8)5
Avg Revenue beat(8)0.62%
Revenue beat(12)5
Avg Revenue beat(12)-0.64%
Revenue beat(16)8
Avg Revenue beat(16)-0.4%
PT rev (1m)0.63%
PT rev (3m)14.56%
EPS NQ rev (1m)0.59%
EPS NQ rev (3m)1.2%
EPS NY rev (1m)0.23%
EPS NY rev (3m)3.09%
Revenue NQ rev (1m)-0.06%
Revenue NQ rev (3m)3.26%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)2.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.13 | ||
| Fwd PE | 23.06 | ||
| P/S | 5.25 | ||
| P/FCF | 65.4 | ||
| P/OCF | 60.16 | ||
| P/B | 3.3 | ||
| P/tB | N/A | ||
| EV/EBITDA | 27.29 |
EPS(TTM)3.02
EY3.83%
EPS(NY)3.42
Fwd EY4.34%
FCF(TTM)1.21
FCFY1.53%
OCF(TTM)1.31
OCFY1.66%
SpS15.03
BVpS23.9
TBVpS-2.41
PEG (NY)3.74
PEG (5Y)3.51
Graham Number40.3
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.15% | ||
| ROE | 5.04% | ||
| ROCE | 6.84% | ||
| ROIC | 5.54% | ||
| ROICexc | 5.74% | ||
| ROICexgc | 35.86% | ||
| OM | 14.76% | ||
| PM (TTM) | 8.02% | ||
| GM | 67.56% | ||
| FCFM | 8.03% |
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-Score6
Asset Turnover0.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 5.27 | ||
| Debt/EBITDA | 1.97 | ||
| Cap/Depr | 12.2% | ||
| Cap/Sales | 0.7% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 42.58% | ||
| Profit Quality | 100.14% | ||
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.81 | ||
| Altman-Z | 4.38 |
F-Score6
WACC9.17%
ROIC/WACC0.6
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)-3.04%
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 1Y22.2%
EBIT growth 3Y-5.86%
EBIT growth 5Y3.43%
EBIT Next Year7.68%
EBIT Next 3Y9.76%
EBIT Next 5Y7.58%
FCF growth 1Y-43.35%
FCF growth 3Y-10.93%
FCF growth 5Y-0.72%
OCF growth 1Y-42.26%
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 7 / 10.
Can you provide the PE and PB ratios for TRMB stock?
The Price/Earnings (PE) ratio for TRIMBLE INC (TRMB) is 26.13 and the Price/Book (PB) ratio is 3.3.
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.