Trimble Inc Intrinsic Value Calculation – Jana Partners Pitch Boosts Trimble Inc Shares at Conference
December 12, 2023

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Trimble Inc ($NASDAQ:TRMB), a global technology company that focuses on the use of location intelligence and autonomous technologies, experienced a boost in its stock after Jana Partners gave a presentation about it at a recent conference. During the presentation, Jana Partners spoke positively about Trimble Inc’s business model, emphasizing its strong ability to create value for its shareholders. This positive outlook encouraged investors to purchase Trimble Inc’s stock, leading to an increase in its share price. Trimble Inc is well-known for its industry-leading technology, which has been used in a variety of applications from mapping to surveying and engineering.
It helps customers effectively navigate the ever-changing world of location intelligence and autonomous technology, with its advanced products and services. The company has also continually diversified its portfolio in order to remain competitive in the market, making strategic investments in related industries and developing new products. This forward-thinking approach was praised by Jana Partners during the conference, and investors responded in kind.
Price History
At the Jana Partners Conference on Monday, TRIMBLE INC experienced a surge in their shares. Opening at $46.8 and seeing a 2.4% increase from the last closing price of $46.9, TRIMBLE INC’s stock closed the day at $48.0. Investors were evidently pleased with what they heard as their reactions were swift and positive. It appears that TRIMBLE INC is off to an impressive start in the new year, and investors are confident in the company’s future prospects. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Trimble Inc. More…
| Total Revenues | Net Income | Net Margin |
| 3.72k | 333.9 | 9.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Trimble Inc. More…
| Operations | Investing | Financing |
| 604.3 | -2.14k | 1.44k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Trimble Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 9.33k | 4.99k | 17.49 |
Key Ratios Snapshot
Some of the financial key ratios for Trimble Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 5.8% | 4.6% | 14.1% |
| FCF Margin | ROE | ROA |
| 15.2% | 7.6% | 3.5% |
Analysis – Trimble Inc Intrinsic Value Calculation
At GoodWhale, we have performed an analysis of TRIMBLE INC‘s financials and our proprietary Valuation Line suggests that the intrinsic value of TRIMBLE INC share is around $67.8. Currently, the stock is trading at $48.0, undervalued by 29.2%. This provides a great opportunity for investors to buy TRIMBLE INC shares at a discount. More…

Peers
The competition among Trimble Inc, SRT Marine Systems PLC, Shanghai Huace Navigation Technology Ltd, and Topcon Corp is fierce. All four companies are leaders in the GPS navigation industry and are constantly innovating to stay ahead of the competition. Trimble Inc has been the top GPS navigation company for many years, but its competitors are quickly catching up. SRT Marine Systems PLC is a publicly traded company on the London Stock Exchange and is the largest GPS navigation company in the world. Shanghai Huace Navigation Technology Ltd is a privately held company based in China and is one of the fastest growing GPS navigation companies. Topcon Corp is a Japanese company that has been in the GPS navigation industry for over 50 years.
– SRT Marine Systems PLC ($LSE:SRT)
SRT Marine Systems PLC is a marine technology company that provides integrated solutions for the maritime industry. The company offers a range of products and services, including navigation, communication, bridge systems, and data management. It also provides engineering and support services. The company has a market cap of 59.17M as of 2022 and a return on equity of -44.18%.
– Shanghai Huace Navigation Technology Ltd ($SZSE:300627)
Shanghai Huace Navigation Technology Ltd is a Chinese company that manufactures and sells navigation and communication products. The company has a market capitalization of $16.9 billion as of 2022 and a return on equity of 8.69%. The company’s products include GPS receivers, marine navigation products, and aviation products.
– Topcon Corp ($TSE:7732)
Topcon Corporation is a Japanese technology company that manufactures precision instruments and equipment for measuring, surveying, and machine control. The company has a market capitalization of 168.63 billion as of 2022 and a return on equity of 11.65%. Topcon’s products are used in a variety of industries, including construction, agriculture, surveying, and mapping. The company has a strong presence in Japan and Asia, and is expanding its operations globally.
Summary
Trimble Inc. has seen an uptick in investor interest following a presentation from activist investor Jana Partners at a recent conference. Investors are encouraged by the company’s growth potential and have been looking to capitalize on the increased demand for its products. Trimble is a leading provider of advanced positioning, navigation, and communications technology and services for a broad range of industries, including surveying, construction, agriculture, geospatial, and transportation. Analysts believe that the company may benefit from increased demand for its products, which include GPS devices, advanced software, and high-accuracy positioning technology. They also highlight the company’s strong balance sheet and competitive advantages.
In addition, the company’s investments in research and development are expected to drive future growth. Investors who are interested in investing in Trimble should consider the company’s potential for future gains.
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