We’ve recently updated our valuation analysis.

Terex Valuation

Is TEX undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TEX?

Other financial metrics that can be useful for relative valuation.

TEX key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1x
Enterprise Value/EBITDA9.9x
PEG Ratio1.8x

Price to Earnings Ratio vs Peers

How does TEX's PE Ratio compare to its peers?

The above table shows the PE ratio for TEX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average24.9x
FSS Federal Signal
31.4x16.1%US$3.3b
ALSN Allison Transmission Holdings
8.4x-0.8%US$4.2b
OSK Oshkosh
39x23.0%US$6.8b
ALG Alamo Group
20.7x13.4%US$1.9b
TEX Terex
13.3x7.2%US$3.5b


Price to Earnings Ratio vs Industry

How does TEX's PE Ratio compare vs other companies in the US Machinery Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a11.8%
n/an/an/a


Price to Earnings Ratio vs Fair Ratio

What is TEX's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TEX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.3x
Fair PE Ratio17.3x

Price-To-Earnings vs Fair Ratio: TEX is good value based on its Price-To-Earnings Ratio (13.3x) compared to the estimated Fair Price-To-Earnings Ratio (17.3x).


Share Price vs Fair Value

What is the Fair Price of TEX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst TEX forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$52.28
US$50.34
-3.7%
13.0%US$64.00US$38.00n/a16
Feb ’24US$51.70
US$50.34
-2.6%
13.0%US$64.00US$38.00n/a16
Jan ’24US$42.72
US$49.03
+14.8%
11.5%US$64.00US$38.00n/a16
Dec ’23US$45.29
US$45.84
+1.2%
15.7%US$64.00US$35.00n/a16
Nov ’23US$40.97
US$45.53
+11.1%
15.5%US$64.00US$35.00n/a16
Oct ’23US$29.74
US$44.94
+51.1%
19.8%US$64.00US$33.00n/a16
Sep ’23US$33.19
US$44.94
+35.4%
19.8%US$64.00US$33.00n/a16
Aug ’23US$33.49
US$42.97
+28.3%
24.2%US$64.00US$30.00n/a16
Jul ’23US$27.93
US$48.28
+72.9%
17.7%US$64.00US$33.00n/a16
Jun ’23US$35.14
US$49.53
+41.0%
15.9%US$64.00US$38.00n/a16
May ’23US$34.00
US$51.66
+51.9%
14.4%US$64.00US$38.00n/a16
Apr ’23US$35.33
US$55.78
+57.9%
13.2%US$68.00US$41.50n/a16
Mar ’23US$38.66
US$55.47
+43.5%
13.5%US$68.00US$41.00n/a15
Feb ’23US$43.09
US$55.80
+29.5%
12.6%US$65.00US$41.00US$51.7015
Jan ’23US$43.95
US$55.60
+26.5%
12.6%US$65.00US$41.00US$42.7215
Dec ’22US$40.99
US$55.67
+35.8%
12.2%US$65.00US$41.00US$45.2915
Nov ’22US$46.82
US$55.07
+17.6%
12.7%US$67.00US$41.00US$40.9715
Oct ’22US$43.12
US$58.16
+34.9%
11.9%US$74.00US$40.50US$29.7416
Sep ’22US$49.82
US$58.47
+17.4%
11.7%US$74.00US$40.50US$33.1916
Aug ’22US$47.92
US$57.25
+19.5%
15.6%US$72.00US$28.00US$33.4916
Jul ’22US$47.35
US$55.00
+16.2%
16.5%US$72.00US$28.00US$27.9316
Jun ’22US$54.12
US$54.69
+1.0%
16.3%US$72.00US$28.00US$35.1416
May ’22US$46.99
US$51.31
+9.2%
14.2%US$60.00US$28.00US$34.0016
Apr ’22US$46.27
US$45.63
-1.4%
14.8%US$55.00US$25.00US$35.3316
Mar ’22US$43.42
US$43.88
+1.0%
13.3%US$50.00US$25.00US$38.6616
Feb ’22US$36.45
US$40.44
+10.9%
13.6%US$50.00US$25.00US$43.0916


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