TRMB Trimble Inc.
too hard · 48
Owner-earnings value$3.38
Price$59.85
Margin of safety
-94.4%
Quality gate · 48/100
⚠ sub-hurdle returns (median roic 8% < 9%) · over-levered (net debt/EBITDA 4.1x > 4x)
Median ROIC8.1%
Gross margin69.8%
Net debt / EBITDA4.1x
FCF conversion66%
Share count / yr-1.5%
Profitable years4/4
Moat & management
Owner-earnings inputs
| Owner earnings (TTM) | 71.40M |
| Owner-earnings yield | 0.5% |
| Free-cash-flow yield | 5.5% |
| Growth used (normalized) | 0.0% |
| Market-implied growth (reverse DCF) | 25.0% |
| Terminal growth | 3.0% |
| Discount rate (hurdle) | 11.3% |
Projected owner earnings
| Yr | Owner earnings | Growth | PV |
|---|---|---|---|
| 1 | 71.40M | 0.0% | 64.17M |
| 2 | 71.64M | 0.3% | 57.86M |
| 3 | 72.12M | 0.7% | 52.34M |
| 4 | 72.84M | 1.0% | 47.51M |
| 5 | 73.81M | 1.3% | 43.26M |
| 6 | 75.04M | 1.7% | 39.53M |
| 7 | 76.54M | 2.0% | 36.23M |
| 8 | 78.32M | 2.3% | 33.32M |
| 9 | 80.41M | 2.7% | 30.74M |
| 10 | 82.83M | 3.0% | 28.46M |
⚠ maintenance capex ≈ min(capex, D&A), capped at FCF · Price pays for ~25%/yr owner-earnings growth over 10y (reverse DCF); model credits 0%.