TEX Stock Overview
Terex Corporation manufactures and sells aerial work platforms and materials processing machinery worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$32.80|
|52 Week High||US$55.58|
|52 Week Low||US$30.91|
|1 Month Change||-5.77%|
|3 Month Change||-22.90%|
|1 Year Change||-39.92%|
|3 Year Change||15.29%|
|5 Year Change||0.24%|
|Change since IPO||238.14%|
Recent News & Updates
At US$34.86, Is Terex Corporation (NYSE:TEX) Worth Looking At Closely?
Terex Corporation ( NYSE:TEX ), is not the largest company out there, but it received a lot of attention from a...
|TEX||US Machinery||US Market|
Return vs Industry: TEX underperformed the US Machinery industry which returned -18.2% over the past year.
Return vs Market: TEX underperformed the US Market which returned -10.4% over the past year.
|TEX Average Weekly Movement||6.3%|
|Machinery Industry Average Movement||5.6%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.7%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: TEX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: TEX's weekly volatility (6%) has been stable over the past year.
About the Company
Terex Corporation manufactures and sells aerial work platforms and materials processing machinery worldwide. It operates in two segments, Aerial Work Platforms (AWP) and Materials Processing (MP). The AWP segment designs, manufactures, services, and markets aerial work platform equipment, utility equipment, and telehandlers under the Terex and Genie brands.
Terex Fundamentals Summary
|TEX fundamental statistics|
Is TEX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TEX income statement (TTM)|
|Cost of Revenue||US$3.26b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||3.32|
|Net Profit Margin||5.72%|
How did TEX perform over the long term?See historical performance and comparison
1.6%Current Dividend Yield
Is Terex undervalued compared to its fair value and its price relative to the market?
Valuation Score 6/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TEX ($32.8) is trading below our estimate of fair value ($75.28)
Significantly Below Fair Value: TEX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TEX is good value based on its PE Ratio (9.9x) compared to the US Machinery industry average (21.5x).
PE vs Market: TEX is good value based on its PE Ratio (9.9x) compared to the US market (15.6x).
Price to Earnings Growth Ratio
PEG Ratio: TEX is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: TEX is good value based on its PB Ratio (2x) 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 15 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TEX's forecast earnings growth (17.8% per year) is above the savings rate (1.9%).
Earnings vs Market: TEX's earnings (17.8% per year) are forecast to grow faster than the US market (12.6% per year).
High Growth Earnings: TEX's earnings are forecast to grow, but not significantly.
Revenue vs Market: TEX's revenue (6.6% per year) is forecast to grow slower than the US market (8% per year).
High Growth Revenue: TEX's revenue (6.6% 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 high in 3 years time (22.8%)
How has Terex performed over the past 5 years?
Past Performance Score6/6
Past Performance Score 6/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TEX has high quality earnings.
Growing Profit Margin: TEX's current net profit margins (5.7%) are higher than last year (2.4%).
Past Earnings Growth Analysis
Earnings Trend: TEX has become profitable over the past 5 years, growing earnings by 28.3% per year.
Accelerating Growth: TEX's earnings growth over the past year (213.5%) exceeds its 5-year average (28.3% per year).
Earnings vs Industry: TEX earnings growth over the past year (213.5%) exceeded the Machinery industry 29.3%.
Return on Equity
High ROE: TEX's Return on Equity (20.7%) is considered high.
How is Terex's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: TEX's short term assets ($1.8B) exceed its short term liabilities ($919.5M).
Long Term Liabilities: TEX's short term assets ($1.8B) exceed its long term liabilities ($906.3M).
Debt to Equity History and Analysis
Debt Level: TEX's net debt to equity ratio (46.8%) is considered high.
Reducing Debt: TEX's debt to equity ratio has reduced from 73.2% to 66.4% over the past 5 years.
Debt Coverage: TEX's debt is not well covered by operating cash flow (14%).
Interest Coverage: TEX's interest payments on its debt are well covered by EBIT (7.9x coverage).
What is Terex current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TEX's dividend (1.59%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: TEX's dividend (1.59%) is low compared to the top 25% of dividend payers in the US market (4.05%).
Stability and Growth of Payments
Stable Dividend: TEX has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TEX's dividend payments have increased, but the company has only paid a dividend for 8 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.9%), TEX's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (115.9%), TEX's dividend payments are not well covered by cash flows.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John Garrison (60 yo)
Mr. John L. Garrison, Jr. has been Chief Executive Officer and President of Terex Corporation since November 2, 2015 and has been its Chairman of the Board since August 15, 2018. Mr. Garrison has been Dire...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD9.54M) is above average for companies of similar size in the US market ($USD5.45M).
Compensation vs Earnings: John's compensation has increased by more than 20% in the past year.
Experienced Management: TEX's management team is seasoned and experienced (6 years average tenure).
Experienced Board: TEX's board of directors are considered experienced (6.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TEX insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Terex Corporation's 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
- Implied Market Cap: US$2.273b
- Shares outstanding: 69.30m
- Website: https://www.terex.com
Number of Employees
- Terex Corporation
- 45 Glover Avenue
- 4th Floor
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/14 00:00|
|End of Day Share Price||2022/05/13 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.