TRIMBLE INC. (TRMB)

Measuring & Controlling Devices, NEC

Latest Price

$57.06

TTM P/E

29.87

Normalized P/E

21.14

Div Yield

Book Value

24.04

P/B Ratio

2.37

Valuation metrics

EPS: $1.76

Book value / share: $24.73

Formula: √(22.5 × EPS × BVPS)

Graham Number

$31.29

45% downside

Norm. op. income: $511M (median of 5yr)

Tax rate: 16%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$13.47

76% downside

Base FCF: $516M (median of recent 5yr)

Growth: 5%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$32.46

43% downside

EPS: $1.76

Target P/E: 21×

Formula: EPS × P/E

P/E Fair Value

$36.96

35% downside

91.7% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	19.48M	$1.27B	8.41%	+434.7K	2026-03-31
VANGUARD CAPITAL MANAGEMENT LLC	15.34M	$1.00B	6.62%	--	2026-03-31
VANGUARD PORTFOLIO MANAGEMENT LLC	12.46M	$812.0M	5.38%	--	2026-03-31
STATE STREET CORP	10.80M	$704.0M	4.66%	-89.0K	2026-03-31
MORGAN STANLEY	10.10M	$658.0M	4.36%	-1.66M	2026-03-31
GENERATION INVESTMENT MANAGEMENT LLP	7.78M	$507.0M	3.36%	+186.5K	2026-03-31
GEODE CAPITAL MANAGEMENT, LLC	6.47M	$420.0M	2.79%	+162.5K	2026-03-31
WELLINGTON MANAGEMENT GROUP LLP	5.80M	$378.0M	2.50%	-403.3K	2026-03-31
Select Equity Group, L.P.	5.61M	$365.0M	2.42%	-1.69M	2026-03-31
Invesco Ltd.	4.92M	$320.0M	2.12%	+747.6K	2026-03-31