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 7,975 - -
Change - -6.84% 35.31% -20.16% 13.42% 127.73% - -
Enterprise Value (EV) 1 3,475 3,329 4,120 5,283 5,314 9,770 9,428 8,977
Change - -4.19% 23.73% 28.25% 0.57% 83.86% -3.5% -4.78%
P/E 14.1x 9.89x 7.58x 9.32x 16x 22.1x 12.8x 11.7x
PBR 2.76x 2.42x 2.35x 1.71x 1.65x 1.56x 1.44x 1.43x
PEG - 0.3x 0.1x -0.3x -0.5x -4.44x 0.2x 1.26x
Capitalization / Revenue 0.79x 0.65x 0.75x 0.6x 0.65x 1x 0.93x 0.89x
EV / Revenue 0.89x 0.75x 0.8x 1.03x 0.98x 1.23x 1.1x 1x
EV / EBITDA 9.19x 7.13x 5.95x 8.23x 7.34x 9.89x 8.22x 7.22x
EV / EBIT 10.6x 7.93x 6.47x 10x 9.39x 11.3x 9.45x 8.15x
EV / FCF 14.9x 22x 12.4x 28x 16.3x 18.3x 14.8x -
FCF Yield 6.73% 4.55% 8.06% 3.58% 6.12% 5.45% 6.75% -
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% 1.02% 1.04% 0.98%
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 69.83 69.83 69.83
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.($)
22.07x1.23x9.89x1.02% 7.97B
23.14x2.15x17.6x2.41% 69.6B
13.73x1.15x11.69x4.08% 39.77B
16.07x1.56x8.9x2.9% 36.17B
30.32x4.42x17.69x1.64% 29.46B
24.26x2.24x12.24x1.98% 19.51B
13.86x1.55x10.63x1.9% 19.24B
13.23x - - 0.73% 15.68B
23.45x2.63x14.19x2.48% 15.9B
28.22x0.89x17.02x2.34% 13.83B
Average 20.83x 1.98x 13.32x 2.15% 26.71B
Weighted average by Cap. 20.65x 2.07x 13.98x 2.43%

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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