Trimble Inc Stock Intrinsic Value – Al Gore’s Generation Investment Management Adds Trimble to Portfolio in Q3 2023
November 15, 2023
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Trimble Inc ($NASDAQ:TRMB) is a leading global technology company that delivers advanced positioning and connectivity solutions that are transforming a wide range of industries such as agriculture, construction, surveying, mining, and more. Trimble’s products and services are used to improve productivity, reduce costs, and increase safety for a wide variety of users. Trimble operates through a network of subsidiaries and partners that span the globe. Its products and services are used in a huge variety of industries including agriculture, construction, engineering, GIS, government, natural resources, positioning services, space, surveying, transportation, utilities, and more.
Stock Price
On Monday, TRIMBLE INC made headlines as Generation Investment Management, founded by Al Gore, added TRIMBLE INC to their investment portfolio in the third quarter of 2023. On the same day, TRIMBLE INC stock opened at $41.5 and closed at $40.8, a decrease of 2.5% from the prior closing price of $41.8. The addition of TRIMBLE INC to the portfolio of Generation Investment Management comes as a result of their belief in the company’s long-term potential and ability to generate substantial returns. This move is expected to benefit shareholders of TRIMBLE INC in the future. 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 Stock Intrinsic Value
At GoodWhale, we ran an analysis of TRIMBLE INC‘s fundamentals and arrived at a fair value of $68.7 for the company’s shares. Our proprietary Valuation Line was used to calculate the fair value. Currently, TRIMBLE INC’s stock is traded at $40.8, which is undervalued by 40.6%. This means that investors can buy these stocks at a discounted price and benefit from the potential upside when the stock prices move up to its fair value. More…
Peers
The competition among Trimble Inc, SRT Marine Systems PLC, Shanghai Huace Navigation Technology Ltd, and Topcon Corp is fierce. All four companies are leaders in the GPS navigation industry and are constantly innovating to stay ahead of the competition. Trimble Inc has been the top GPS navigation company for many years, but its competitors are quickly catching up. SRT Marine Systems PLC is a publicly traded company on the London Stock Exchange and is the largest GPS navigation company in the world. Shanghai Huace Navigation Technology Ltd is a privately held company based in China and is one of the fastest growing GPS navigation companies. Topcon Corp is a Japanese company that has been in the GPS navigation industry for over 50 years.
– SRT Marine Systems PLC ($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
Analysts are overall bullish on the stock, citing its innovative product and services offerings, strong balance sheet, and presence in attractive markets. Additionally, Trimble has a history of strong cash flow generation, and has a track record of successful acquisitions. This makes it an attractive investment for long-term investors.
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