Trimble Shares Outstanding vs. EBITDA
| TRMB Stock | USD 72.97 0.54 0.75% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.59 | 0.5561 |
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For Trimble profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Trimble to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Trimble utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Trimble's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Trimble over time as well as its relative position and ranking within its peers.
Trimble |
Trimble's Revenue Breakdown by Earning Segment
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Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Trimble. If investors know Trimble will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Trimble listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.47) | Earnings Share 5.98 | Revenue Per Share 14.768 | Quarterly Revenue Growth (0.09) | Return On Assets 0.0321 |
The market value of Trimble is measured differently than its book value, which is the value of Trimble that is recorded on the company's balance sheet. Investors also form their own opinion of Trimble's value that differs from its market value or its book value, called intrinsic value, which is Trimble's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Trimble's market value can be influenced by many factors that don't directly affect Trimble's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Trimble's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trimble is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trimble's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Trimble EBITDA vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Trimble's current stock value. Our valuation model uses many indicators to compare Trimble value to that of its competitors to determine the firm's financial worth. Trimble is currently regarded as top stock in shares outstanding category among its peers. It also is currently regarded as top stock in ebitda category among its peers totaling about 3.15 of EBITDA per Shares Outstanding. At present, Trimble's EBITDA is projected to increase significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Trimble's earnings, one of the primary drivers of an investment's value.Trimble EBITDA vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Trimble |
| = | 244.21 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Trimble |
| = | 768.6 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Trimble EBITDA Comparison
Trimble is currently under evaluation in ebitda category among its peers.
Trimble Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Trimble, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Trimble will eventually generate negative long term returns. The profitability progress is the general direction of Trimble's change in net profit over the period of time. It can combine multiple indicators of Trimble, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -152.1 M | -144.5 M | |
| Operating Income | 494.4 M | 519.1 M | |
| Income Before Tax | 357 M | 374.9 M | |
| Total Other Income Expense Net | -137.4 M | -130.5 M | |
| Net Income | 311.3 M | 326.9 M | |
| Income Tax Expense | 45.7 M | 48 M | |
| Net Income Applicable To Common Shares | 517.2 M | 543 M | |
| Net Income From Continuing Ops | 333.9 M | 291.8 M | |
| Non Operating Income Net Other | 148.7 M | 156.1 M | |
| Interest Income | 6.8 M | 6 M | |
| Net Interest Income | -137.4 M | -130.5 M | |
| Change To Netincome | 26.6 M | 22.8 M | |
| Net Income Per Share | 1.96 | 2.06 | |
| Income Quality | 1.52 | 1.02 | |
| Net Income Per E B T | 0.86 | 0.97 |
Trimble Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Trimble. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Trimble position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Trimble's important profitability drivers and their relationship over time.
Use Trimble in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Trimble position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Trimble will appreciate offsetting losses from the drop in the long position's value.Trimble Pair Trading
Trimble Pair Trading Analysis
The ability to find closely correlated positions to Trimble could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Trimble when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Trimble - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Trimble to buy it.
The correlation of Trimble is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Trimble moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trimble moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Trimble can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Trimble position
In addition to having Trimble in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Cigarettes Thematic Idea Now
Cigarettes
Tobacco makers and distributors across globe. The Cigarettes theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Cigarettes Theme or any other thematic opportunities.
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Check out World Market Map. For information on how to trade Trimble Stock refer to our How to Trade Trimble Stock guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
To fully project Trimble's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Trimble at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Trimble's income statement, its balance sheet, and the statement of cash flows.