Trimble
Market Cap
US$19.1b
Last Updated
2021/05/07 03:29 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. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet with questionable track record.
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
Stable Share Price: TRMB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: TRMB's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-9.3%
TRMB
-4.1%
US Electronic
-1.7%
US Market
1 Year Return
108.3%
TRMB
70.2%
US Electronic
51.8%
US Market
Return vs Industry: TRMB exceeded the US Electronic industry which returned 70.2% over the past year.
Return vs Market: TRMB exceeded the US Market which returned 51.8% over the past year.
Shareholder returns
| TRMB | Industry | Market | |
|---|---|---|---|
| 7 Day | -9.3% | -4.1% | -1.7% |
| 30 Day | -8.4% | -2.5% | 1.5% |
| 90 Day | 5.1% | 4.2% | 3.1% |
| 1 Year | 108.3%108.3% | 73.9%70.2% | 54.4%51.8% |
| 3 Year | 121.0%121.0% | 65.1%58.2% | 63.0%52.8% |
| 5 Year | 218.7%218.7% | 176.4%158.7% | 127.2%101.9% |
Long-Term 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
3 weeks ago | Simply Wall St
Trimble (NASDAQ:TRMB) Has A Pretty Healthy Balance Sheet1 month ago | Simply Wall St
If You Had Bought Trimble (NASDAQ:TRMB) Shares Five Years Ago You'd Have Earned 191% Returns1 month ago | Simply Wall St
What Does Trimble Inc.'s (NASDAQ:TRMB) Share Price Indicate?Valuation
Is Trimble undervalued compared to its fair value and its price relative to the market?
43.03x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TRMB ($75.92) is trading above our estimate of fair value ($59.09)
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 (43x) compared to the US Electronic industry average (24.2x).
PE vs Market: TRMB is poor value based on its PE Ratio (43x) compared to the US market (20.2x).
Price to Earnings Growth Ratio
PEG Ratio: TRMB is poor value based on its PEG Ratio (4.2x)
Price to Book Ratio
PB vs Industry: TRMB is overvalued based on its PB Ratio (5.2x) compared to the US Electronic industry average (2.7x).
Future Growth
How is Trimble forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
10.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TRMB's forecast earnings growth (10.2% per year) is above the savings rate (2%).
Earnings vs Market: TRMB's earnings (10.2% per year) are forecast to grow slower than the US market (15.4% per year).
High Growth Earnings: TRMB's earnings are forecast to grow, but not significantly.
Revenue vs Market: TRMB's revenue (7.8% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: TRMB's revenue (7.8% 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 (14.5%).
Past Performance
How has Trimble performed over the past 5 years?
32.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TRMB has high quality earnings.
Growing Profit Margin: TRMB's current net profit margins (13.6%) are lower than last year (15.8%).
Past Earnings Growth Analysis
Earnings Trend: TRMB's earnings have grown significantly by 32.4% per year over the past 5 years.
Accelerating Growth: TRMB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TRMB had negative earnings growth (-13.9%) over the past year, making it difficult to compare to the Electronic industry average (9.4%).
Return on Equity
High ROE: TRMB's Return on Equity (12.1%) is considered low.
Financial Health
How is Trimble's financial position?
Financial Position Analysis
Short Term Liabilities: TRMB's short term assets ($1.3B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: TRMB's short term assets ($1.3B) do not cover its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: TRMB's debt to equity ratio (36.9%) is considered satisfactory.
Reducing Debt: TRMB's debt to equity ratio has increased from 29.6% to 36.9% over the past 5 years.
Debt Coverage: TRMB's debt is well covered by operating cash flow (54.9%).
Interest Coverage: TRMB's interest payments on its debt are well covered by EBIT (6.9x coverage).
Balance Sheet
Dividend
What is Trimble current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TRMB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TRMB'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 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
How experienced are the management team and are they aligned to shareholders interests?
1.7yrs
Average management tenure
CEO
Rob Painter (48 yo)
1.33yrs
Tenure
US$12,590,537
Compensation
Mr. Robert G. Painter, also known as Rob, has been Chief Executive Officer, President and Director of Trimble Inc. (also known as Trimble Outdoors) since January 4, 2020. He served as the Chief Financial O...
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($USD12.59M) is about average for companies of similar size in the US market ($USD11.15M).
Compensation vs Earnings: Rob's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
Experienced Management: TRMB's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
Experienced Board: TRMB's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TRMB insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
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$19.082b
- Shares outstanding: 251.34m
- Website: https://www.trimble.com
Number of Employees
Location
- Trimble Inc.
- 935 Stewart Drive
- Sunnyvale
- California
- 94085
- United States
Listings
Biography
Trimble Inc. provides technology solutions that enable professionals and field mobile workers to enhance or transform their work processes worldwide. It operates through four segments: Buildings and Infras...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/07 03:29 |
| End of Day Share Price | 2021/05/06 00:00 |
| Earnings | 2021/04/02 |
| Annual Earnings | 2021/01/01 |
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.