Trimble
Market Cap
US$9.8b
Last Updated
2019/10/22 23:41 UTC
Data Sources
Company Financials +
Executive Summary
Trimble Inc. provides technology solutions that enable professionals and field mobile workers to enhance or transform their work processes worldwide.
Snowflake
Fundamentals
Solid track record with mediocre balance sheet.
Similar Companies
Share Price & News
How has Trimble's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
0.6%
TRMB
2.4%
US Electronic
0.07%
US Market
1 Year Return
2.6%
TRMB
16.3%
US Electronic
8.9%
US Market
Return vs Industry: TRMB underperformed the US Electronic industry which returned 16.3% over the past year.
Return vs Market: TRMB underperformed the US Market which returned 8.9% over the past year.
Shareholder returns
| TRMB | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.6% | 2.4% | 0.07% |
| 30 Day | 1.1% | 3.7% | -0.3% |
| 90 Day | -13.8% | 2.3% | -1.6% |
| 1 Year | 2.6%2.6% | 17.5%16.3% | 11.3%8.9% |
| 3 Year | 36.1%36.1% | 55.8%51.4% | 46.3%36.8% |
| 5 Year | 26.1%26.1% | 83.7%74.7% | 62.1%44.3% |
Price Volatility Vs. Market
How volatile is Trimble's share price compared to the market and industry in the last 5 years?
Simply Wall St News
8 hours ago | Simply Wall St
Is Trimble (NASDAQ:TRMB) A Risky Investment?2 weeks ago | Simply Wall St
Should Trimble Inc.’s (NASDAQ:TRMB) Weak Investment Returns Worry You?3 weeks ago | Simply Wall St
Does Trimble Inc.'s (NASDAQ:TRMB) CEO Pay Compare Well With Peers?Valuation
Is Trimble undervalued compared to its fair value and its price relative to the market?
30.89x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TRMB ($38.99) is trading above our estimate of fair value ($32.98)
Significantly Below Fair Value: TRMB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TRMB is poor value based on its PE Ratio (30.9x) compared to the Electronic industry average (19.6x).
PE vs Market: TRMB is poor value based on its PE Ratio (30.9x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: TRMB is poor value based on its PEG Ratio (2.6x)
Price to Book Ratio
PB vs Industry: TRMB is overvalued based on its PB Ratio (3.5x) compared to the US Electronic industry average (2x).
Next Steps
Future Growth
How is Trimble forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
12.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TRMB's forecast earnings growth (12.1% per year) is above the savings rate (2.7%).
Earnings vs Market: TRMB's earnings (12.1% per year) are forecast to grow slower than the US market (14.5% per year).
High Growth Earnings: TRMB's earnings are forecast to grow, but not significantly.
Revenue vs Market: TRMB's revenue (6.2% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: TRMB's revenue (6.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TRMB's Return on Equity is forecast to be low in 3 years time (16.9%).
Next Steps
Past Performance
How has Trimble performed over the past 5 years?
5.8%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: TRMB's earnings have grown by 5.8% per year over the past 5 years.
Accelerating Growth: TRMB's earnings growth over the past year (120.6%) exceeds its 5-year average (5.8% per year).
Earnings vs Industry: TRMB earnings growth over the past year (120.6%) exceeded the Electronic industry 58.6%.
Return on Equity
High ROE: TRMB's Return on Equity (11.2%) is considered low.
Return on Assets
ROA vs Industry: TRMB has a higher Return on Assets than the Electronic industry average last year.
Return on Capital Employed
ROCE Improving: TRMB has significantly improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is Trimble's financial position?
Financial Position Analysis
Short Term Liabilities: TRMB's short term assets ($1.1B) exceeds its short term liabilities ($1.1B)
Long Term Liabilities: TRMB's short term assets (1.1B) do not cover its long term liabilities (2.0B)
Debt to Equity History and Analysis
Debt Level: TRMB's debt to equity ratio (61.7%) is considered high
Reducing Debt: TRMB's debt to equity ratio has increased from 26.8% to 61.7% over the past 5 years.
Debt Coverage: TRMB's debt is well covered by operating cash flow (31.2%).
Interest Coverage: TRMB's interest payments on its debt are well covered by EBIT (4.7x coverage).
Balance Sheet
Inventory Level: TRMB has a low level of unsold assets or inventory.
Debt Coverage by Assets: TRMB's debt is not covered by short term assets (assets are 0.6x debt).
Next Steps
Dividend
What is Trimble's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate TRMB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate TRMB's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stable Dividend: Insufficient data to determine if TRMB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TRMB's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TRMB's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
What is the CEO of Trimble's salary, the management and board of directors tenure and is there insider trading?
3.9yrs
Average management tenure
CEO
Steve Berglund (67yo)
20.6yrs
Tenure
US$11,177,172
Compensation
Mr. Steven W. Berglund, also known as Steve, has been the Chief Executive Officer, President and Director of Trimble Inc. since March 1999. Mr. Berglund has diverse industry experience, including engineeri ...
CEO Compensation Analysis
Compensation vs. Market: Steve's total compensation ($USD11.18M) is about average for companies of similar size in the US market ($USD11.18M).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
Management Age and Tenure
3.9yrs
Average Tenure
58.5yo
Average Age
Experienced Management: TRMB's management team is considered experienced (3.9 years average tenure).
Board Age and Tenure
7.9yrs
Average Tenure
60yo
Average Age
Experienced Board: TRMB's board of directors are considered experienced (7.9 years average tenure).
Insider Trading
Insider Buying: TRMB insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Legal Officer Senior VP |
| Shares | 2,700 |
| Max Price | US$38.03 |
| Entity | Individual |
| Shares | 985 |
| Max Price | US$38.20 |
| Entity | Individual |
| Shares | 6,000 |
| Max Price | US$42.41 |
| Entity | Individual |
| Role | Chief Technology Officer Senior VP & Chief Technology Officer |
| Shares | 9,000 |
| Max Price | US$41.37 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 8,000 |
| Max Price | US$40.59 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 3,500 |
| Max Price | US$41.03 |
| Entity | Individual |
| Role | Chief Legal Officer Senior VP |
| Shares | 5,000 |
| Max Price | US$41.10 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 100,000 |
| Max Price | US$42.15 |
| Entity | Individual |
| Shares | 10,000 |
| Max Price | US$40.50 |
| Entity | Individual |
| Shares | 9,534 |
| Max Price | US$40.50 |
| Entity | Individual |
| Shares | 7,078 |
| Max Price | US$40.00 |
| Entity | Individual |
| Shares | 9,500 |
| Max Price | US$40.18 |
| Entity | Individual |
| Role | Senior Key Executive Senior Vice President |
| Shares | 2,400 |
| Max Price | US$40.47 |
| Entity | Individual |
| Shares | 14,000 |
| Max Price | US$40.39 |
| Entity | Individual |
| Shares | 3,977 |
| Max Price | US$39.52 |
| Entity | Individual |
| Role | Chief Legal Officer Senior VP |
| Shares | 6,620 |
| Max Price | US$39.86 |
| Entity | Individual |
| Shares | 8,805 |
| Max Price | US$40.15 |
| Entity | Individual |
| Role | Chief Financial Officer CFO & Senior VP |
| Shares | 3,693 |
| Max Price | US$38.81 |
| Entity | Individual |
| Role | Chief Legal Officer Senior VP |
| Shares | 1,584 |
| Max Price | US$39.37 |
| Entity | Individual |
| Role | Senior Key Executive Senior Vice President |
| Shares | 2,400 |
| Max Price | US$37.22 |
Ownership Breakdown
Management Team
Steve Berglund (67yo)
President
- Tenure: 20.6yrs
- Compensation: US$11.18m
Michael Lesyna (58yo)
Senior Vice President of Strategy & Corporate Development
- Tenure: 2.6yrs
- Compensation: US$242.74k
Bryn Fosburgh (56yo)
Senior Vice President
- Tenure: 0yrs
- Compensation: US$2.60m
Jim Kirkland (59yo)
Senior VP
- Tenure: 11.3yrs
- Compensation: US$2.03m
Julie Shepard (61yo)
VP of Finance & Chief Accounting Officer
- Tenure: 12.4yrs
- Compensation: US$968.58k
Tom Fansler (62yo)
Senior VP & Chief Technology Officer
- Tenure: 0.08yrs
Darryl Matthews (51yo)
Senior Vice President
- Tenure: 4.1yrs
- Compensation: US$2.12m
Leah Lambertson
Senior VP of Operations & Chief Information Officer
- Tenure: 2.6yrs
Rob Painter (47yo)
CFO & Senior VP
- Tenure: 3.7yrs
- Compensation: US$2.93m
Michael Leyba
Director of Investor Relations
- Tenure: 0yrs
Board Members
Steve Berglund (67yo)
President
- Tenure: 20.6yrs
- Compensation: US$11.18m
Ron Nersesian (60yo)
Independent Director
- Tenure: 7.9yrs
- Compensation: US$337.01k
Mark Peek (61yo)
Independent Director
- Tenure: 9.6yrs
- Compensation: US$337.01k
Ulf Johansson (74yo)
Independent Chairman of the Board
- Tenure: 12.8yrs
- Compensation: US$337.01k
Ken Gabriel (63yo)
Independent Director
- Tenure: 4.8yrs
- Compensation: US$337.01k
Merit Janow (60yo)
Independent Director
- Tenure: 11.6yrs
- Compensation: US$337.01k
Johan Wibergh (56yo)
Independent Director
- Tenure: 1.7yrs
- Compensation: US$337.01k
Meaghan Lloyd (44yo)
Independent Director
- Tenure: 3.8yrs
- Compensation: US$337.01k
Sandra Macquillan (52yo)
Independent Director
- Tenure: 1yrs
- Compensation: US$176.58k
Company Information
Trimble Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Trimble Inc.
- Ticker: TRMB
- Exchange: NasdaqGS
- Founded: 1978
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: US$9.817b
- Shares outstanding: 251.79m
- Website: https://www.trimble.com
Number of Employees
Location
- Trimble Inc.
- 935 Stewart Drive
- Sunnyvale
- California
- 94085
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TRMB | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Jul 1990 |
| TB5 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jul 1990 |
| TRMB * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Jul 1990 |
Biography
Trimble Inc. provides technology solutions that enable professionals and field mobile workers to enhance or transform their work processes worldwide. The company operates in four segments: Buildings and In ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/22 23:41 |
| End of Day Share Price | 2019/10/22 00:00 |
| Earnings | 2019/06/28 |
| Annual Earnings | 2018/12/28 |
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.