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 7,482 - -
Change - -6.84% 35.31% -20.16% 13.42% 113.68% - -
Enterprise Value (EV) 1 3,475 3,329 4,120 5,283 5,314 9,276 8,933 8,479
Change - -4.19% 23.73% 28.25% 0.57% 74.56% -3.7% -5.08%
P/E 14.1x 9.89x 7.58x 9.32x 16x 20.7x 12x 11x
PBR 2.76x 2.42x 2.35x 1.71x 1.65x 1.46x 1.35x 1.34x
PEG - 0.3x 0.1x -0.3x -0.5x -4.16x 0.2x 1.18x
Capitalization / Revenue 0.79x 0.65x 0.75x 0.6x 0.65x 0.94x 0.88x 0.84x
EV / Revenue 0.89x 0.75x 0.8x 1.03x 0.98x 1.17x 1.05x 0.95x
EV / EBITDA 9.19x 7.13x 5.95x 8.23x 7.34x 9.39x 7.79x 6.82x
EV / EBIT 10.6x 7.93x 6.47x 10x 9.39x 10.7x 8.95x 7.69x
EV / FCF 14.9x 22x 12.4x 28x 16.3x 17.4x 14x -
FCF Yield 6.73% 4.55% 8.06% 3.58% 6.12% 5.74% 7.12% -
Dividend per Share 2 0.48 0.52 0.64 0.68 0.68 0.7133 0.7237 0.6825
Rate of return 1.09% 1.22% 1.11% 1.47% 1.27% 1.09% 1.1% 1.04%
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% 22.5% 13.3% 11.4%
Net sales 1 3,887 4,418 5,152 5,127 5,421 7,944 8,533 8,949
EBITDA 1 378.2 467.2 692.9 642 724 988.3 1,147 1,243
EBIT 1 328 420 636.5 526 566 868.5 997.8 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 1,793 1,450 996.6
Reference price 2 43.95 42.72 57.46 46.22 53.38 65.52 65.52 65.52
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.($)
20.71x1.17x9.39x1.09% 7.48B
21.55x1.98x16.25x2.57% 64.81B
13.6x1.11x11.56x4.26% 37.33B
15.53x1.52x8.64x3% 35.31B
30.55x4.48x17.76x1.62% 30.16B
13.72x1.54x10.56x1.92% 19.24B
23.05x2.14x11.67x2.09% 18.62B
13.53x - - 0.72% 16.11B
21.58x2.42x12.99x2.79% 14.57B
26.81x0.85x16.25x2.47% 13.11B
Average 20.06x 1.91x 12.78x 2.25% 25.67B
Weighted average by Cap. 19.89x 2.01x 13.37x 2.53%

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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