---
title: Trimble (TRMB) — intrinsic value and fair price
canonical: https://sweetvaluelab.com/stocks/trmb
ticker: TRMB
as_of: 2026-10-17
sector: Technology
industry: Hardware, Equipment & Parts
---
# Trimble (TRMB)

Trimble (TRMB) closed at $59.46 on Oct 16, 2026, overvalued by 55% vs its model value of $38.25 (from a five-year discounted cash flow).

## Key figures

| Figure | Value |
| --- | ---: |
| Last close | $59.46 (Oct 16, 2026) |
| Model value (from a five-year discounted cash flow) | $38.25 |
| Price vs model | overvalued by 55% vs model |
| Range of that model | $25.91 – $70.65 |
| Market value | $13.9B |
| P/E (fiscal 2026) | 33.8 |
| Net margin (fiscal 2026) | 11.8% |
| Free cash flow (fiscal 2026) | $360.9M |
| Dividend yield (trailing twelve months) | 0.00% |
| Beta | 1.34 |
| Cost of capital (WACC) | 9.66% |
| Business classification | Mature & Stable (Revenue declining (~-3% recent), Moderate margins (12% net margin), Highly cyclical earnings) |

## Valuation models

Each model's value per share and the role the engine gave it for this business. The headline above is one model's value; every other model is listed with its own, and each has a page of its own under the valuation. Computed Oct 17, 2026.

| Model | Role | Value per share | Low | High |
| --- | --- | ---: | ---: | ---: |
| DCF · Perpetuity growth · 5y | primary | $38.25 | $25.91 | $70.65 |
| DCF · Perpetuity growth · 10y | cross check | $42.97 | $29.82 | $76.94 |
| DCF · EBITDA exit · 5y | cross check | $70.32 | $53.99 | $89.40 |
| DCF · EBITDA exit · 10y | cross check | $69.85 | $51.33 | $94.08 |
| P/E · peers | cross check | $74.54 | $73.04 | $87.88 |
| P/E · own history | cross check | $85.61 | $71.90 | $110.49 |
| PEG | sanity check | $91.77 | $91.77 | $91.77 |
| EV/EBITDA · peers | cross check | $74.67 | $64.85 | $89.19 |
| EV/Revenue · peers | cross check | $73.82 | $47.52 | $105.60 |
| Earnings power value | cross check | $9.52 | $7.61 | $12.14 |
| Dividend discount | cross check | $0.00 | $0.00 | $0.00 |

## Insider activity (SEC Form 4)

Past 90 days: 0 open-market buys ($0) and 1 open-market sale ($103,080); 10b5-1 plan sales included.

| Date | Insider | Relationship | Transaction | Shares | Value |
| --- | --- | --- | --- | ---: | ---: |
| Sep 15, 2026 | Bement Kenneth B | Chief Accounting Officer | Grant / award | 1,689 | $0 |
| Sep 2, 2026 | Bement Kenneth B | Chief Accounting Officer | Option/RSU exercise | 4,056 | $239,060.6 |
| Sep 2, 2026 | Bement Kenneth B | Chief Accounting Officer | Tax withholding | 1,167 | $68,783 |
| Sep 2, 2026 | Bement Kenneth B | Chief Accounting Officer | Option/RSU exercise | 4,056 | $0 |
| Aug 4, 2026 | Gabriel Kaigham | Director | Open-market sell (10b5-1 plan) | 1,718 | $103,080 |

## Recent SEC filings

| Filed | Form | What | Filing |
| --- | --- | --- | --- |
| Oct 2, 2026 | 8-K | 1.01 Entry into a Material Agreement; 2.03 Creation of a Direct Financial Obligation; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/864749/000086474926000111/trmb-20261002.htm |
| Aug 12, 2026 | 10-Q | Quarterly report | https://www.sec.gov/Archives/edgar/data/864749/000086474926000108/trmb-20260703.htm |
| Aug 12, 2026 | 8-K | 2.02 Results of Operations (Earnings); 8.01 Other Events; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/864749/000086474926000106/trmb-20260812.htm |
| May 27, 2026 | 8-K | 5.07 Submission of Matters to a Shareholder Vote; 8.01 Other Events | https://www.sec.gov/Archives/edgar/data/864749/000086474926000073/trmb-20260526.htm |
| May 26, 2026 | 8-K | 5.02 Departure/Election of Directors or Officers; 8.01 Other Events | https://www.sec.gov/Archives/edgar/data/864749/000086474926000071/trmb-20260526.htm |

## About

Trimble Inc. develops and supplies technology solutions globally, empowering professionals and field workers to significantly improve or revolutionize their operational workflows. Through its Buildings and Infrastructure segment, the company delivers a comprehensive array of digital tools for the construction sector. This includes software for route planning, 3D design, and data exchange, along with systems for guiding construction machinery and for monitoring and managing assets, personnel, and equipment. The segment also offers advanced Building Information Modeling (BIM), Enterprise Resource Planning (ERP), and project management platforms. Furthermore, it provides integrated solutions for site layout, measurement, cost estimation, scheduling, and project control, alongside specialized applications tailored for subcontractors and various trades. The Geospatial segment focuses on advan…

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Source: https://sweetvaluelab.com/stocks/trmb (SweetValueLab, free, no account). Prices and statements from Financial Modeling Prep; filings from SEC EDGAR. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.