Company Valuation: Terex Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,068 2,858 3,867 3,087 3,502 7,825 - -
Change - -6.84% 35.31% -20.16% 13.42% 123.46% - -
Enterprise Value (EV) 1 3,475 3,329 4,120 5,283 5,314 9,620 9,278 8,827
Change - -4.19% 23.73% 28.25% 0.57% 81.04% -3.56% -4.86%
P/E 14.1x 9.89x 7.58x 9.32x 16x 21.7x 12.5x 11.5x
PBR 2.76x 2.42x 2.35x 1.71x 1.65x 1.53x 1.41x 1.4x
PEG - 0.3x 0.1x -0.3x -0.5x -4.36x 0.2x 1.24x
Capitalization / Revenue 0.79x 0.65x 0.75x 0.6x 0.65x 0.98x 0.92x 0.87x
EV / Revenue 0.89x 0.75x 0.8x 1.03x 0.98x 1.21x 1.09x 0.99x
EV / EBITDA 9.19x 7.13x 5.95x 8.23x 7.34x 9.73x 8.09x 7.1x
EV / EBIT 10.6x 7.93x 6.47x 10x 9.39x 11.1x 9.3x 8.01x
EV / FCF 14.9x 22x 12.4x 28x 16.3x 18.1x 14.6x -
FCF Yield 6.73% 4.55% 8.06% 3.58% 6.12% 5.54% 6.86% -
Dividend per Share 2 0.48 0.52 0.64 0.68 0.68 0.71 0.7237 0.6825
Rate of return 1.09% 1.22% 1.11% 1.47% 1.27% 1.04% 1.06% 1%
EPS 2 3.12 4.32 7.58 4.96 3.33 3.164 5.462 5.97
Distribution rate 15.4% 12% 8.44% 13.7% 20.4% 22.4% 13.3% 11.4%
Net sales 1 3,887 4,418 5,152 5,127 5,421 7,945 8,534 8,950
EBITDA 1 378.2 467.2 692.9 642 724 988.3 1,147 1,243
EBIT 1 328 420 636.5 526 566 868.4 997.7 1,102
Net income 1 220.9 300 518 335 221 329.2 585.6 675
Net Debt 1 407.2 471.4 252.5 2,196 1,812 1,795 1,453 1,002
Reference price 2 43.95 42.72 57.46 46.22 53.38 68.52 68.52 68.52
Nbr of stocks (in thousands) 69,800 66,900 67,300 66,800 65,600 114,200 - -
Announcement Date 10/2/22 9/2/23 8/2/24 6/2/25 11/2/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.65x1.21x9.73x1.04% 7.82B
22.73x2.11x17.37x2.43% 68.81B
13.66x1.14x11.66x4.1% 39.53B
16.02x1.56x8.88x2.9% 36.03B
29.83x4.35x17.39x1.67% 28.73B
23.96x2.22x12.1x2.01% 19.25B
13.86x1.55x10.63x1.9% 19.21B
13.17x - - 0.74% 15.59B
21.89x2.45x13.2x2.75% 14.69B
26.88x0.86x16.32x2.46% 13.17B
Average 20.37x 1.94x 13.03x 2.2% 26.28B
Weighted average by Cap. 20.23x 2.02x 13.74x 2.47%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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