TRIMBLE NAVIGATION
TRIMBLE NAVIGATION operates in Diversified Metals & Mining.
TRIMBLE NAVIGATION (TB5) - Net Assets
Latest net assets as of December 2023: €4.50 Billion EUR
Based on the latest financial reports, TRIMBLE NAVIGATION (TB5) has net assets worth €4.50 Billion EUR as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€9.54 Billion) and total liabilities (€5.04 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €4.50 Billion |
| % of Total Assets | 47.17% |
| Annual Growth Rate | 10.03% |
| 5-Year Change | 44.22% |
| 10-Year Change | N/A |
| Growth Volatility | 5.23 |
TRIMBLE NAVIGATION - Net Assets Trend (2016–2023)
This chart illustrates how TRIMBLE NAVIGATION's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TRIMBLE NAVIGATION (2016–2023)
The table below shows the annual net assets of TRIMBLE NAVIGATION from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €4.50 Billion | +11.11% |
| 2022-12-31 | €4.05 Billion | +2.67% |
| 2021-12-31 | €3.94 Billion | +9.62% |
| 2020-12-31 | €3.60 Billion | +15.32% |
| 2019-12-31 | €3.12 Billion | +16.66% |
| 2018-12-31 | €2.67 Billion | +13.05% |
| 2017-12-31 | €2.37 Billion | +2.62% |
| 2016-12-31 | €2.31 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to TRIMBLE NAVIGATION's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 107.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €2.44 Billion | 54.16% |
| Other Components | €2.06 Billion | 45.84% |
| Total Equity | €4.50 Billion | 100.00% |
TRIMBLE NAVIGATION Competitors by Market Cap
The table below lists competitors of TRIMBLE NAVIGATION ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bitcoin Fund Unit
TO:QBTC
|
$640.77K |
|
NEW YORK TIMES -A- - Dusseldorf Stock Exchang
DU:NYT
|
$640.89K |
|
S2Medical AB
ST:S2M
|
$641.00K |
|
Wisconsin Electric Power Company PFD 3.60%
OTCQB:WELPP
|
$641.42K |
|
Twin Vee Powercats Co
NASDAQ:VEEE
|
$640.56K |
|
ARCHER-DANIELS MID. - Dusseldorf Stock Exchang
DU:ADM
|
$640.54K |
|
Fold Holdings, Inc. Warrant
NASDAQ:FLDDW
|
$640.41K |
|
JULIUS BAER GRP N (JGE.SG)
STU:JGE
|
$639.51K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TRIMBLE NAVIGATION's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 4,050,200,000 to 4,500,100,000, a change of 449,900,000 (11.1%).
- Net income of 311,300,000 contributed positively to equity growth.
- Share repurchases of 100,000,000 reduced equity.
- New share issuances of 6,700,000 increased equity.
- Other factors increased equity by 231,900,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €311.30 Million | +6.92% |
| Share Repurchases | €100.00 Million | -2.22% |
| Share Issuances | €6.70 Million | +0.15% |
| Other Changes | €231.90 Million | +5.15% |
| Total Change | €- | 11.11% |
Book Value vs Market Value Analysis
This analysis compares TRIMBLE NAVIGATION's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.70x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 7.10x to 3.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €9.51 | €67.50 | x |
| 2018-12-31 | €10.66 | €67.50 | x |
| 2019-12-31 | €12.48 | €67.50 | x |
| 2020-12-31 | €14.34 | €67.50 | x |
| 2021-12-31 | €15.72 | €67.50 | x |
| 2022-12-31 | €16.40 | €67.50 | x |
| 2023-12-31 | €18.26 | €67.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TRIMBLE NAVIGATION utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.92%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.19%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 2.12x
- Recent ROE (6.92%) is below the historical average (9.91%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 5.74% | 5.60% | 0.64x | 1.59x | €-98.18 Million |
| 2017 | 5.12% | 4.56% | 0.62x | 1.82x | €-115.50 Million |
| 2018 | 10.57% | 9.10% | 0.54x | 2.16x | €15.36 Million |
| 2019 | 16.49% | 15.76% | 0.49x | 2.13x | €202.40 Million |
| 2020 | 10.84% | 12.39% | 0.46x | 1.91x | €30.21 Million |
| 2021 | 12.49% | 13.47% | 0.52x | 1.80x | €98.33 Million |
| 2022 | 11.10% | 12.23% | 0.51x | 1.79x | €44.68 Million |
| 2023 | 6.92% | 8.19% | 0.40x | 2.12x | €-138.71 Million |
Industry Comparison
This section compares TRIMBLE NAVIGATION's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TRIMBLE NAVIGATION (TB5) | €4.50 Billion | 5.74% | 1.12x | $640.70K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |