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 7,362 - -
Change - -6.84% 35.31% -20.16% 13.42% 110.24% - -
Enterprise Value (EV) 1 3,475 3,329 4,120 5,283 5,314 9,184 8,715 8,335
Change - -4.19% 23.73% 28.25% 0.57% 72.83% -5.1% -4.37%
P/E 14.1x 9.89x 7.58x 9.32x 16x 24.6x 12.1x 10.6x
PBR 2.76x 2.42x 2.35x 1.71x 1.65x 1.39x 1.52x 1.51x
PEG - 0.3x 0.1x -0.3x -0.5x -1.2x 0x 0.7x
Capitalization / Revenue 0.79x 0.65x 0.75x 0.6x 0.65x 0.91x 0.84x 0.79x
EV / Revenue 0.89x 0.75x 0.8x 1.03x 0.98x 1.13x 1x 0.9x
EV / EBITDA 9.19x 7.13x 5.95x 8.23x 7.34x 9.2x 7.49x 6.58x
EV / EBIT 10.6x 7.93x 6.47x 10x 9.39x 10.3x 8.54x 7.35x
EV / FCF 14.9x 22x 12.4x 28x 16.3x 28.6x 18.3x 13.4x
FCF Yield 6.73% 4.55% 8.06% 3.58% 6.12% 3.49% 5.47% 7.44%
Dividend per Share 2 0.48 0.52 0.64 0.68 0.68 0.71 0.7257 0.7533
Rate of return 1.09% 1.22% 1.11% 1.47% 1.27% 1.1% 1.13% 1.17%
EPS 2 3.12 4.32 7.58 4.96 3.33 2.622 5.323 6.078
Distribution rate 15.4% 12% 8.44% 13.7% 20.4% 27.1% 13.6% 12.4%
Net sales 1 3,887 4,418 5,152 5,127 5,421 8,124 8,736 9,270
EBITDA 1 378.2 467.2 692.9 642 724 998.3 1,163 1,266
EBIT 1 328 420 636.5 526 566 887.5 1,020 1,135
Net income 1 220.9 300 518 335 221 289.1 595 694.6
Net Debt 1 407.2 471.4 252.5 2,196 1,812 1,822 1,353 972.6
Reference price 2 43.95 42.72 57.46 46.22 53.38 64.41 64.41 64.41
Nbr of stocks (in thousands) 69,800 66,900 67,300 66,800 65,600 114,300 - -
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.($)
24.56x1.13x9.2x1.1% 7.36B
22.2x2.07x17.05x2.46% 69.51B
14.71x1.19x12.12x3.8% 43.34B
15.67x1.57x8.95x2.91% 38.44B
30.06x4.38x17.5x1.66% 29.54B
13.46x1.52x10.44x1.95% 19.51B
23.6x2.19x11.88x2.03% 19.36B
13.73x - - 0.71% 16.45B
22.98x2.56x13.8x2.62% 15.46B
25.9x0.81x13.35x2.12% 13.39B
Average 20.69x 1.93x 12.70x 2.13% 27.24B
Weighted average by Cap. 20.19x 2.02x 13.54x 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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