What is Trimble Inc. worth?
With the base-case assumptions below, a discounted cash flow model on Trimble Inc.'s reported free cash flow gives $18.48 per share. The share price was $57.85 on September 25, 2026, 213% above that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | -2.5% | 10.0% | $9.56 | -83% |
| Base | 2.5% | 9.0% | $18.48 | -68% |
| Bull | 7.5% | 8.0% | $35.85 | -38% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $24.75 | $26.64 | $28.95 | $31.84 | $35.56 |
| 8.0% | $20.09 | $21.31 | $22.76 | $24.50 | $26.63 |
| 9.0% | $16.67 | $17.51 | $18.48 | $19.61 | $20.94 |
| 10.0% | $14.06 | $14.66 | $15.34 | $16.11 | $17.00 |
| 11.0% | $12.01 | $12.45 | $12.93 | $13.48 | $14.11 |
Where the presets come from
Base: years 1 to 5 grow at Trimble Inc.'s revenue growth rate over the last 5 fiscal years (2.6% 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