Trimble (MEX:TRMB) Net-Net Working Capital: MXN-196.64 (As of Mar. 2026)

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MEX:TRMB Trimble Inc MEX:TRMB
84 GF Score
Price MXN935.00
GF Value MXN1,076.88
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Trimble Net-Net Working Capital?

Trimble MEX:TRMB 84 Net-Net Working Capital is MXN-196.64 as of Mar. 2026. GuruFocus rates MEX:TRMB with a GF Score™ of 84/100 and a GF Value™ of MXN1,076.88 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,205 Hardware companies, Trimble ranks worse than 82987.47% on this metric.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Trimble's Net-Net Working Capital for the quarter that ended in Mar. 2026 was MXN-196.64.

The industry rank for Trimble's Net-Net Working Capital or its related term are showing as below:

MEX:TRMB's Price-to-Net-Net-Working-Capital is not ranked *
in the Hardware industry.
Industry Median: 8.24
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Trimble  (MEX:TRMB) Net-Net Working Capital Explanation

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


Trimble Net-Net Working Capital Related Terms


Trimble Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Trimble's Net-Net Working Capital can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Trimble Net-Net Working Capital Chart

Trimble Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -178.15 -178.78 -286.57 -200.47 -189.77

Trimble Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -232.73 -209.71 -192.96 -189.77 -196.64

MEX:TRMB vs CGNX, ESE, ST: Net-Net Working Capital Comparison

For the Scientific & Technical Instruments subindustry, Trimble's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Trimble Price-to-Net-Net-Working-Capital vs Hardware Industry

For the Hardware industry and Technology sector, Trimble's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Trimble's Price-to-Net-Net-Working-Capital falls into.


MEX:TRMB
84GF Score
Trimble Inc MEX:TRMB
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trimble Net-Net Working Capital Calculation

Trimble's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net-Net Working Capital(A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4562.644+0.75 * 15412.879+0.5 * 3354.462-62584.212
-0-0)/236.000
=-189.77

Trimble's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2026 is calculated as

Net-Net Working Capital(Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4221.455+0.75 * 11135.192+0.5 * 3390.148-60478.069
-0-0)/235.000
=-196.64

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

This is a conservative way of estimating the company's value.

What does a Net-Net Working Capital of MXN-196.64 mean?
Trimble (MEX:TRMB) has a Net-Net Working Capital of MXN-196.64 as of Mar. 2026. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Trimble According to the industry distribution chart, Trimble ranks #999999 out of 1205 companies in the Hardware industry.
Is Trimble's Net-Net Working Capital too high?
Trimble's current Net-Net Working Capital is MXN-196.64. Based on the distribution chart, Trimble ranks #999999 out of 1205 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Trimble has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Trimble's Net-Net Working Capital compare to CGNX and ESE?
According to the Hardware industry distribution chart, Trimble ranks #999999 out of 1205 companies for Net-Net Working Capital. This places Trimble in the lower half of its industry. The industry median Net-Net Working Capital is 8.24. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Hardware company?
The median Net-Net Working Capital among Hardware companies is 8.24, based on 1,205 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Trimble For the Hardware industry, the median Net-Net Working Capital is 8.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trimble's current Net-Net Working Capital is MXN-196.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trimble stock overvalued right now?
Based on GuruFocus' analysis, Trimble (MEX:TRMB) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN1,076.88, compared to a current price of MXN935.00 — trading 13.2% below its estimated fair value. The current Net-Net Working Capital is MXN-196.64. Trimble's overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Trimble (MEX:TRMB), the current Net-Net Working Capital is MXN-196.64 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Trimble (MEX:TRMB) Overvalued in 2026?

Based on GuruFocus' analysis, Trimble stock appears to be undervalued. The current stock price of MXN935.00 is trading 13.2% below its estimated GF Value™ of MXN1,076.88. GuruFocus considers Trimble to be Modestly Undervalued.

Key valuation signals for MEX:TRMB:

  • Net-Net Working Capital: MXN-196.64
  • GF Value™: MXN1,076.88 vs. price of MXN935.00 (13.2% below fair value)
  • GF Score™: 84/100 with 2 warning signs

No single metric tells the full story. See the MEX:TRMB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Trimble Business Description

Address 10368 Westmoor Drive, Westminister, CO, USA, 80021
Trimble Inc is a technology solutions provider that enables office and mobile professionals to connect their workflows and asset lifecycles to drive a more productive, sustainable future. The company has three reportable segments: Architects, Engineers, Construction, and Owners (AECO). This segment provides software solutions that sell through a direct channel to customers in the construction industry. Field Systems. This segment provides hardware and associated software solutions that sell through dealer partner channels. Transportation and Logistics (T&L). This segment provides solutions for customers working in long-haul trucking and freight shipping markets.
84GF Score

Get the complete analysis for MEX:TRMB

Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN935.00
Price
MXN1,076.88
GF Value