Trimble Navigation applies technology to make field and mobile workers in businesses and government significantly more productive. Solutions are focused on applications requiring position or location, including surveying, construction, agriculture, fleet and asset management, public safety and mapping. The company was founded in 1978 and is based in Sunnyvale, California.
TRMB Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Trimble Inc. To summarize, we found that Trimble Inc ranked in the 29th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 51%. The most interesting components of our discounted cash flow analysis for Trimble Inc ended up being:
Trimble Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than just 0% of US stocks with positive free cash flow.
The weighted average cost of capital for the company is 8. This value is greater than only 20.07% stocks in the Technology sector that generate free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as TRMB, try GLOB, IIVI, BLKB, COHR, and FN.
Global automotive telematics market is projected to reach $415.93B by 2027 from $63.83B in 2019, according to Emergen Research report.Growth expected at CAGR of 26.4%.The increased usage of cloud-based technology in vehicles coupled with government's strict rules on property identification is likely to drive the sector's growth."Vehicles across every fleet...
TORONTO--(BUSINESS WIRE)-- #ABIResearch--Geotab, a global leader in IoT and connected transportation, today announced that it has been named the number one commercial telematics provider worldwide by ABI Research for the second year in a row. Through ABI Research’s competitive analysis, Geotab placed first with an overall score of 85, edging out Verizon and Trimble, and reaffirming Geotab’s position as the top commercial telematics provider in the world. ABI Research, a global tech market advisory firm, condu