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DCF Valuation
Base-case fair value
$22.63
Intrinsic $30.17 · 25% MOS
Current price: $54.19
Base-case summary
Our base-case DCF for Trimble Inc. (TRMB) projects 10 years of free cash flow growth at 2.0% for years 1–5 and 1.0% for years 6–10, anchored to a default 8% growth assumption, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $481M in trailing free cash flow, this produces an intrinsic value of $30.17 per share. A 25% safety margin gives a fair value of $22.63, suggesting the stock is currently 58% overvalued against the $54.19 market price.
See 3 scenarios side by side
Conservative, Base, and Optimistic fair values, plus the sensitivity matrix and FCF history. Free account.
Model inputs
TTM Free Cash Flow
$481M
Cash & equivalents
$234M
Total debt
$1.4B
Shares outstanding
237M