TRMB · Intrinsic value
Is Trimble Inc. (TRMB) overvalued or undervalued?
As of Oct 21, 2026, TickerWorth's valuation lenses put Trimble Inc. (TRMB) at $18.77 – $92.05, too broad a range to say where the delayed market price of $62.12 sits in it, so we do not call it over- or undervalued. It is a model estimate, and every input behind it is sourced below.
Model by Miraaj Patel · generated from SEC filings and market data · Updated Oct 21, 2026 · How these pages are made
What is TRMB worth?
- Fair-value range
- $18.77 – $92.05
- Market price
- $62.12
- Gap to fair value
- —
- Verdict
- Too wide to call
Reverse DCF: Today's price implies revenue growth of more than 25%/yr. Above about 25% a year the reverse-DCF stops being informative. It solves for revenue growth alone — holding margins, capital intensity and the forecast horizon fixed — so a price well above our cash-flow model's value has nowhere to go but growth, and the solver returns a rate the model can't reconcile. Read it as "the price implies growth we can't justify", not as a forecast.
What is TRMB's TickerWorth Score?
A weaker business than most companies
Compared with Technology companies in US
Its strongest point: looks cheap on the numbers. Its weakest: trades above our estimate of what it's worth.
- Value · 67 of 100
Cheaper than 67% of Technology companies in US
- Price vs worth · 30 of 100
- Quality · 41 of 100
More profitable than 41% of Technology companies in US
- Financial health · 32 of 100
Financially stronger than 32% of Technology companies in US
- Growth · 31 of 100
Growing faster than 31% of Technology companies in US
- Momentum · 37 of 100
Outperformed 37% of Technology companies in US over the past year
Confidence: Medium confidence · Scored
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Why TRMB gets a range, not one number
At a recent price of $62.12, Trimble Inc. (TRMB) sits inside a range too wide to call either way: our valuation lenses put the business somewhere between $18.77 and $92.05 per share. They disagree too widely for us to state a single fair value. We publish the range rather than a midpoint because a number that precise would claim more than the methods can support. This is an educational model, not a price target or a recommendation.
Read the full reasoning
The valuation discounts Trimble Inc.'s projected free cash flows at a weighted-average cost of capital (WACC) of 11.1%, with a long-run terminal growth rate of 2.5%. About 66% of the enterprise value comes from the terminal value — the portion beyond the explicit forecast window — which is typical for a stable, cash-generative business and a reminder that small changes in the discount rate or terminal growth assumption swing the intrinsic value meaningfully.
Running the DCF in reverse — solving for the growth the current price already assumes — TRMB would need sustained revenue growth of more than 25%/yr to justify today's price, against about 5.6% a year compounded in our base case. We don't quote a precise figure here, because past about 25% a year the reverse-DCF stops being informative: it solves for revenue growth alone, holding margins, capital intensity and the forecast horizon fixed, so a price well above our fair value has nowhere to go but growth. The honest reading is that the price implies growth this model can't reconcile — not that we forecast it.
Sensitivity matters more than any single number. Across a reasonable band of discount-rate assumptions, TRMB's modeled DCF value ranges from about $14.09 to $27.23 per share. If that range still sits below today's price, the market is optimistic relative to the model across the whole band; if it brackets the price, the stock is roughly fairly valued on our assumptions. Use the interactive slider to see exactly where your own cost-of-capital view lands.
How to read this page: the DCF fair value is what Trimble Inc. would be worth if its cash flows grow as modeled and are discounted at the stated WACC. The assumptions table shows every input and its source; the reverse-DCF shows what the market believes; the sensitivity band shows how fragile the answer is. None of this is investment advice — it is a transparent, auditable framework for forming your own view of TRMB's intrinsic value. Figures update as new filings and prices come in.
Every input behind TRMB's DCF
| Input | Value |
|---|---|
| Base-year revenueTRIMBLE INC. FY2025 10-K (accession 0000864749-26-000015): us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, FY2025 full year. | $3,587,300,000 |
| Base EBIT marginTRIMBLE INC. FY2025 10-K (accession 0000864749-26-000015): us-gaap:OperatingIncomeLoss 592,000,000 / revenue 3,587,300,000 = 16.50%, FY2025. | 16.5% |
| Forecast revenue growthESTIMATEAssumption — TickerWorth's 5-year explicit forecast | 7% → 6% → 6% → 5% → 4% |
| Risk-free rateLive feed — US 10-year Treasury yield (^TNX) | 5.3% |
| BetaLive feed — yfinance, 5-year monthly beta vs the S&P 500 (clamped to 0.4–2.5) | 1.36 |
| Terminal growthESTIMATEAssumption — TickerWorth house default 2.5%, held below WACC | 2.5% |
| Diluted sharesTRIMBLE INC. FY2025 10-K (accession 0000864749-26-000015): WeightedAverageNumberOfDilutedSharesOutstanding = 241,500,000 shares, FY2025. | 242M |
| Market priceBackup price feed · as of 2026-10-21 00:02 UTC | $62.12 |
Change TRMB's assumptions
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What does Trimble Inc. do?
What does it do?
Trimble Inc. offers technology solutions and platform that enable office professionals and field workers to connect workflows and industry lifecycles in North America, Europe, the Asia Pacific, and internationally. It operates in the Scientific & Technical Instruments industry (Technology sector), headquartered in United States. The company employs roughly 11,500 people.
How does it make money?
The business turns $3.6B in annual revenue into profit. Out of every $100 of sales, about $15 is left as operating profit (operating margin of 15.1%), after a 72% gross margin on the products/services it sells. After all costs, taxes and interest, -2.8% of revenue becomes bottom-line net profit.
Is it financially healthy?
Financially it looks stretched: carries modest debt (0.3× equity), may struggle to cover its short-term bills (1.0× current ratio), and is currently lossmaking.
Who at TRMB filed insider trades?
| Date | Insider | Relationship | What happened | Value | Filing |
|---|---|---|---|---|---|
| Bement Kenneth B | Chief Accounting Officer | Option exercise | $239,060.64 | Form 4 for Bement Kenneth B (opens sec.gov in a new tab) | |
| Bement Kenneth B | Chief Accounting Officer | Shares withheld (tax) | $68,782.98 | Form 4 for Bement Kenneth B (opens sec.gov in a new tab) | |
| Gabriel Kaigham | Director | Open-market sale | $103,080.00 | Form 4 for Gabriel Kaigham (opens sec.gov in a new tab) | |
| Gabriel Kaigham | Director | Option exercise | $201,799.72 | Form 4 for Gabriel Kaigham (opens sec.gov in a new tab) | |
| Lloyd Meaghan | Director | Option exercise | $201,799.72 | Form 4 for Lloyd Meaghan (opens sec.gov in a new tab) | |
| EKHOLM BORJE | Director | Option exercise | $201,799.72 | Form 4 for EKHOLM BORJE (opens sec.gov in a new tab) |
A disclosure, not a signal to trade. Source: SEC EDGAR (Form 4). Older filings and the 90-day buying-and-selling read are part of Pro. See plans
Common questions
What is TRMB's intrinsic value?
TickerWorth's valuation lenses put Trimble Inc. (TRMB) between $18.77 and $92.05 per share, versus a market price of $62.12. They disagree too widely for us to state a single fair value, so we publish the range.
Is TRMB overvalued or undervalued?
At $62.12 the price sits inside a range too wide to call either way. We don't call TRMB overvalued or undervalued from a range this wide. This is an educational estimate, not advice.
What discount rate is used for TRMB?
A WACC of 11.1% and a terminal growth rate of 2.5%.
Is Trimble stock undervalued?
TickerWorth's fair-value range for Trimble Inc. (TRMB) is $18.77 – $92.05 against a market price of $62.12. Too wide to call. We publish a range here, not one number, so we do not call it over- or undervalued. This is a model estimate, not investment advice.
Trimble (TRMB) DCF valuation and fair value
Our fair-value range for Trimble Inc. (TRMB) is $18.77 – $92.05, built on a 11.1% discount rate (WACC) and 2.5% terminal growth. It blends our discounted-cash-flow model with other valuation lenses. Every assumption is listed on this page with its source.
What growth is priced into Trimble stock?
Today's price implies revenue growth of more than 25%/yr. Above about 25% a year the reverse-DCF stops being informative. It solves for revenue growth alone — holding margins, capital intensity and the forecast horizon fixed — so a price well above our cash-flow model's value has nowhere to go but growth, and the solver returns a rate the model can't reconcile. Read it as "the price implies growth we can't justify", not as a forecast. This is a reverse DCF: it holds our cash-flow model's other inputs and solves for the revenue growth that makes the model equal today's price of $62.12. A model estimate, not investment advice.
Trimble (TRMB) insider trading
The most recent insider filing (SEC Form 4) for Trimble Inc. (TRMB): Bement Kenneth B, Chief Accounting Officer, option exercise on 2026-09-02. The latest filings are listed on this page. A disclosure, not a signal to trade.
Other ways into the coverage
Not investment advice. TickerWorth Score is a model output.
Educational tool. Every output reflects the assumptions shown — not a prediction and not investment advice. TickerWorth is not a licensed investment adviser, and these figures are estimates from public filings and market data that can be wrong.
Save this valuation
TRMB goes on your watchlist, where its valuation is re-run as new filings land — so you read the current number, not the one from today.