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 7,169 - -
Change - -6.84% 35.31% -20.16% 13.42% 104.74% - -
Enterprise Value (EV) 1 3,475 3,329 4,120 5,283 5,314 8,969 8,637 8,166
Change - -4.19% 23.73% 28.25% 0.57% 68.78% -3.69% -5.45%
P/E Ratio 14.1x 9.89x 7.58x 9.32x 16x 18.3x 11.5x 10.4x
PBR 2.76x 2.42x 2.35x 1.71x 1.65x 1.44x 1.36x 1.28x
PEG - 0.3x 0.1x -0.3x -0.5x 5.59x 0.2x 1x
Capitalization / Revenue 0.79x 0.65x 0.75x 0.6x 0.65x 0.9x 0.84x 0.8x
EV / Revenue 0.89x 0.75x 0.8x 1.03x 0.98x 1.13x 1.02x 0.91x
EV / EBITDA 9.19x 7.13x 5.95x 8.23x 7.34x 9.06x 7.59x 6.59x
EV / EBIT 10.6x 7.93x 6.47x 10x 9.39x 10.4x 8.71x 7.4x
EV / FCF 14.9x 22x 12.4x 28x 16.3x 18x 15.4x -
FCF Yield 6.73% 4.55% 8.06% 3.58% 6.12% 5.57% 6.51% -
Dividend per Share 2 0.48 0.52 0.64 0.68 0.68 0.7135 0.7237 0.6825
Rate of return 1.09% 1.22% 1.11% 1.47% 1.27% 1.14% 1.15% 1.09%
EPS 2 3.12 4.32 7.58 4.96 3.33 3.439 5.468 6.04
Distribution rate 15.4% 12% 8.44% 13.7% 20.4% 20.7% 13.2% 11.3%
Net sales 1 3,887 4,418 5,152 5,127 5,421 7,935 8,498 8,986
EBITDA 1 378.2 467.2 692.9 642 724 989.5 1,137 1,238
EBIT 1 328 420 636.5 526 566 865.9 991.2 1,103
Net income 1 220.9 300 518 335 221 329.7 579.8 686.7
Net Debt 1 407.2 471.4 252.5 2,196 1,812 1,799 1,468 996.6
Reference price 2 43.95 42.72 57.46 46.22 53.38 62.78 62.78 62.78
Nbr of stocks (in thousands) 69,800 66,900 67,300 66,800 65,600 114,200 - -
Announcement Date 2/10/22 2/9/23 2/8/24 2/6/25 2/11/26 - - -
1USD in Million2USD
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.26x1.13x9.06x1.14% 7.17B
20.66x1.87x15.64x2.7% 61.88B
16.01x1.63x9.11x3.01% 35.92B
12.98x1.09x11.37x4.4% 35.86B
32.19x4.69x18.63x1.55% 31.66B
13.64x1.53x10.78x1.96% 19.14B
22.5x2.08x11.41x2.21% 18.13B
12.7x - - 0.76% 15.24B
20.38x2.3x12.3x2.95% 13.84B
26.46x0.84x15.97x2.53% 12.85B
Average 19.58x 1.91x 12.70x 2.32% 25.17B
Weighted average by Cap. 19.68x 2.03x 13.31x 2.59%

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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