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 $98.32 per share. The share price was $57.33 on September 25, 2026, 42% 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% | $47.95 | -16% |
| Base | 12.0% | 9.0% | $98.32 | +71% |
| Bull | 17.0% | 8.0% | $198.67 | +247% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $136.71 | $148.58 | $163.09 | $181.23 | $204.55 |
| 8.0% | $107.95 | $115.65 | $124.74 | $135.66 | $149.01 |
| 9.0% | $86.98 | $92.25 | $98.32 | $105.41 | $113.78 |
| 10.0% | $71.06 | $74.80 | $79.04 | $83.89 | $89.49 |
| 11.0% | $58.57 | $61.31 | $64.38 | $67.83 | $71.74 |
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