Terex Corporation manufactures and sells aerial work platforms, materials processing machinery, and cranes worldwide. More Details
Moderate growth potential with mediocre balance sheet.
Share Price & News
How has Terex's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TEX has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: TEX underperformed the US Machinery industry which returned 10.6% over the past year.
Return vs Market: TEX underperformed the US Market which returned 14.5% over the past year.
Price Volatility Vs. Market
How volatile is Terex's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StTerex's (NYSE:TEX) Shareholders Are Down 53% On Their Shares
3 weeks ago | Simply Wall StHow Much Are Terex Corporation (NYSE:TEX) Insiders Taking Off The Table?
1 month ago | Simply Wall StIs Now An Opportune Moment To Examine Terex Corporation (NYSE:TEX)?
Is Terex undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TEX ($20.94) is trading above our estimate of fair value ($6.95)
Significantly Below Fair Value: TEX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TEX is poor value based on its PE Ratio (34.4x) compared to the US Machinery industry average (25x).
PE vs Market: TEX is poor value based on its PE Ratio (34.4x) compared to the US market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: TEX is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: TEX is good value based on its PB Ratio (1.8x) compared to the US Machinery industry average (2.2x).
How is Terex forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TEX's forecast earnings growth (77.3% per year) is above the savings rate (2.2%).
Earnings vs Market: TEX's earnings (77.3% per year) are forecast to grow faster than the US market (23.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TEX's revenue (8.3% per year) is forecast to grow slower than the US market (9.7% per year).
High Growth Revenue: TEX's revenue (8.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TEX's Return on Equity is forecast to be low in 3 years time (16.2%).
How has Terex performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TEX has high quality earnings.
Growing Profit Margin: TEX's current net profit margins (1.3%) are lower than last year (5%).
Past Earnings Growth Analysis
Earnings Trend: TEX's earnings have grown by 12.6% per year over the past 5 years.
Accelerating Growth: TEX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TEX had negative earnings growth (-81.1%) over the past year, making it difficult to compare to the Machinery industry average (-13.1%).
Return on Equity
High ROE: TEX's Return on Equity (5.4%) is considered low.
How is Terex's financial position?
Financial Position Analysis
Short Term Liabilities: TEX's short term assets ($1.7B) exceed its short term liabilities ($675.6M).
Long Term Liabilities: TEX's short term assets ($1.7B) exceed its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: TEX's debt to equity ratio (130.4%) is considered high.
Reducing Debt: TEX's debt to equity ratio has increased from 97.9% to 130.4% over the past 5 years.
Debt Coverage: TEX's debt is well covered by operating cash flow (22.4%).
Interest Coverage: TEX's interest payments on its debt are not well covered by EBIT (1.6x coverage).
What is Terex current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TEX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TEX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TEX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TEX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: TEX is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TEX's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John Garrison (59 yo)
Mr. John L. Garrison, Jr. serves as President of Terex Aerial Work Platforms at Terex Corporation since June 8, 2020. He has been Chief Executive Officer and President of Terex Corporation since November 2 ...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD8.33M) is above average for companies of similar size in the US market ($USD4.57M).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
|President of Terex Aerial Work Platforms||4.83yrs||US$8.33m||1.33% |
|Senior VP & CFO||3.58yrs||US$3.24m||0.40% |
|Senior VP of Human Resources & Chief Human Resources Officer||0.75yr||US$1.00m||0.19% |
|President of Terex Materials Processing||10.5yrs||US$1.97m||0.31% |
|Chief Accounting Officer||11.25yrs||no data||0.095% |
|Chief Information Officer & VP||3.83yrs||no data||no data|
|Director of Investor Relations||no data||no data||no data|
|Chief Ethics & Compliance Officer and VP||12.67yrs||no data||no data|
|Senior VP||0.75yr||no data||0.084% |
|Chief Risk Officer of Finance||6.83yrs||no data||no data|
|Senior Vice President of Strategic Sourcing & Execute To Win||3.5yrs||no data||no data|
|President of Terex Parts & Services||2.25yrs||no data||no data|
Experienced Management: TEX's management team is considered experienced (3.8 years average tenure).
|President of Terex Aerial Work Platforms||4.83yrs||US$8.33m||1.33% |
|Independent Director||21.67yrs||US$255.00k||0.23% |
|Independent Director||12.33yrs||US$267.50k||0.076% |
|Director Emeritus||3.75yrs||US$242.50k||no data|
|Independent Lead Director||7.33yrs||US$276.00k||0.71% |
|Independent Director||16.25yrs||US$242.50k||0.075% |
|Independent Director||3.08yrs||US$242.50k||0.044% |
|Independent Director||7.83yrs||US$245.00k||0.031% |
|Independent Director||0.50yr||no data||0.021% |
Experienced Board: TEX's board of directors are considered experienced (7.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TEX insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Terex Corporation's company bio, employee growth, exchange listings and data sources
- Name: Terex Corporation
- Ticker: TEX
- Exchange: NYSE
- Founded: 1986
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: US$1.502b
- Shares outstanding: 69.30m
- Website: https://www.terex.com
Number of Employees
- Terex Corporation
- 200 Nyala Farm Road
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TEX||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jan 1980|
|TXG||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1980|
Terex Corporation manufactures and sells aerial work platforms, materials processing machinery, and cranes worldwide. The company operates in two segments, Aerial Work Platforms (AWP) and Material Processi ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/18 05:39|
|End of Day Share Price||2020/09/17 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.