What is Terex Corp worth?
With the base-case assumptions below, a discounted cash flow model on Terex Corp's reported free cash flow gives $100.27 per share. The share price was $57.05 on November 10, 2026, 43% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 7.0% | 10.0% | $49.89 | -13% |
| Base | 12.0% | 9.0% | $100.27 | +76% |
| Bull | 17.0% | 8.0% | $200.62 | +252% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $138.66 | $150.53 | $165.04 | $183.18 | $206.50 |
| 8.0% | $109.89 | $117.59 | $126.69 | $137.61 | $150.95 |
| 9.0% | $88.93 | $94.19 | $100.27 | $107.35 | $115.73 |
| 10.0% | $73.00 | $76.75 | $80.99 | $85.84 | $91.43 |
| 11.0% | $60.52 | $63.26 | $66.33 | $69.78 | $73.69 |
Where the presets come from
Base: years 1 to 5 grow at Terex Corp's revenue growth rate over the last 5 fiscal years (12.0% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions