Projected Income Statement: Trimble, Inc.
| Fiscal Period: January | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,659 | 3,676 | 3,799 | 3,683 | 3,587 | 3,931 | 4,240 | 4,591 |
| Change | - | 0.47% | 3.33% | -3.04% | -2.61% | 9.58% | 7.87% | 8.29% |
| EBITDA 1 | 936.9 | 917.3 | 1,010 | 1,000 | 1,046 | 1,174 | 1,281 | 1,390 |
| Change | - | -2.09% | 10.07% | -0.92% | 4.58% | 12.21% | 9.16% | 8.44% |
| EBIT 1 | 857 | 841.5 | 934.7 | 937.2 | 988.1 | 1,115 | 1,227 | 1,359 |
| Change | - | -1.81% | 11.08% | 0.27% | 5.43% | 12.84% | 10.07% | 10.75% |
| Interest Paid 1 | -65.4 | -71.1 | -161 | -90.7 | -74.4 | -81.65 | -75.53 | -66.22 |
| Earnings before Tax (EBT) 1 | 574.6 | 569.1 | 357 | 2,006 | 509.4 | 38.49 | 806.9 | 888 |
| Change | - | -0.96% | -37.27% | 461.88% | -74.6% | -92.44% | 1,996.53% | 10.05% |
| Net income 1 | 492.7 | 449.7 | 311.3 | 1,504 | 424 | -59.98 | 689.7 | 829.9 |
| Change | - | -8.73% | -30.78% | 383.26% | -71.82% | -114.15% | 1,249.87% | 20.32% |
| Announcement Date | 2/9/22 A | 2/8/23 A | 2/12/24 A | 2/19/25 A | 2/10/26 A | - | - | - |
Forecast Balance Sheet: Trimble, Inc.
| Fiscal Period: January | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 968 | 1,249 | 2,837 | 652 | 1,139 | 1,043 | 374 | -712 |
| Change | - | 29.03% | 127.14% | -77.02% | 74.69% | -8.41% | -64.14% | -290.37% |
| Announcement Date | 2/9/22 A | 2/8/23 A | 2/12/24 A | 2/19/25 A | 2/10/26 A | - | - | - |
Cash Flow Forecast: Trimble, Inc.
| Fiscal Period: January | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|---|
| CAPEX 1 | 46.1 | 43.2 | 42 | 33.6 | 25.3 | 27.47 | 26.6 | 50.33 |
| Change | - | -6.29% | -2.78% | -20% | -24.7% | 8.58% | -3.17% | 89.22% |
| Free Cash Flow (FCF) 1 | 704.4 | 348 | 555.1 | 497.8 | 360.9 | 815.5 | 947 | 1,125 |
| Change | - | -50.6% | 59.51% | -10.32% | -27.5% | 125.96% | 16.13% | 18.79% |
| Announcement Date | 2/9/22 A | 2/8/23 A | 2/12/24 A | 2/19/25 A | 2/10/26 A | - | - | - |
Forecast Financial Ratios: Trimble, Inc.
| Fiscal Period: January | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|---|
Profitability | ||||||||
| EBITDA Margin (%) | 25.6% | 24.95% | 26.58% | 27.16% | 29.16% | 29.86% | 30.22% | 30.26% |
| EBIT Margin (%) | 23.42% | 22.89% | 24.61% | 25.44% | 27.54% | 28.37% | 28.95% | 29.61% |
| EBT Margin (%) | 15.7% | 15.48% | 9.4% | 54.46% | 14.2% | 0.98% | 19.03% | 19.34% |
| Net margin (%) | 13.47% | 12.23% | 8.19% | 40.84% | 11.82% | -1.53% | 16.27% | 18.07% |
| FCF margin (%) | 19.25% | 9.47% | 14.61% | 13.52% | 10.06% | 20.75% | 22.34% | 24.5% |
| FCF / Net Income (%) | 142.97% | 77.38% | 178.32% | 33.09% | 85.12% | -1,359.55% | 137.3% | 135.56% |
Profitability | ||||||||
| ROA | 7.05% | 9.19% | 7.9% | 7.4% | 8.05% | 9.39% | 10.38% | 10.86% |
| ROE | 13.07% | 16.52% | 15.52% | 13.75% | 13.06% | 15.16% | 16.8% | 17.12% |
Financial Health | ||||||||
| Leverage (Debt/EBITDA) | 1.03x | 1.36x | 2.81x | 0.65x | 1.09x | 0.89x | 0.29x | - |
| Debt / Free cash flow | 1.37x | 3.59x | 5.11x | 1.31x | 3.16x | 1.28x | 0.4x | - |
Capital Intensity | ||||||||
| CAPEX / Current Assets (%) | 1.26% | 1.18% | 1.11% | 0.91% | 0.71% | 0.7% | 0.63% | 1.1% |
| CAPEX / EBITDA (%) | 4.92% | 4.71% | 4.16% | 3.36% | 2.42% | 2.34% | 2.08% | 3.62% |
| CAPEX / FCF (%) | 6.54% | 12.41% | 7.57% | 6.75% | 7.01% | 3.37% | 2.81% | 4.47% |
Items per share | ||||||||
| Cash flow per share 1 | 2.951 | - | - | - | - | - | - | - |
| Change | - | - | - | - | - | - | - | - |
| Dividend per Share 1 | - | - | - | - | - | - | - | - |
| Change | - | - | - | - | - | - | - | - |
| Book Value Per Share 1 | 15.51 | 16.19 | 18.15 | 23.4 | 24.17 | 22.83 | 25.09 | 28.57 |
| Change | - | 4.36% | 12.14% | 28.92% | 3.27% | -5.53% | 9.89% | 13.87% |
| EPS 1 | 1.94 | 1.8 | 1.25 | 6.09 | 1.76 | -0.2775 | 3.025 | 3.736 |
| Change | - | -7.22% | -30.56% | 387.2% | -71.1% | -115.77% | 1,190.02% | 23.5% |
| Nbr of stocks (in thousands) | 251,008 | 246,625 | 248,768 | 244,208 | 237,921 | 233,180 | 233,180 | 233,180 |
| Announcement Date | 2/9/22 A | 2/8/23 A | 2/12/24 A | 2/19/25 A | 2/10/26 A | - | - | - |
| 2026 * | 2027 * | |
|---|---|---|
| P/E | -229x | 21x |
| PBR | 2.78x | 2.53x |
| EV / Sales | 4.03x | 3.58x |
| Yield | - | - |
EPS & Dividend
Y-o-Y evolution of P/E
Trader
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Investor
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Global
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Quality
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ESG MSCI
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Quarterly revenue - Rate of surprise
