Terex Corporation (TEX) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Terex Corporation stock $33.94, price $54.96, that is 38.2% below the price, quality 35 out of 100. Rating: strongly overvalued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.
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Terex Corporation
TEX · USOur calculation puts a fair price 38% below what the stock costs today.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 3, 2026.
How to read this chart
60‑month range $25.94 – $74.39 · fair‑value band $18.33 – $44.55 · the $54.96 price screens above the $33.94 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 2 fiscal years are left out: there the valuation rested on only a fraction of the usual models. As of Nov 3, 2026.
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Company profile
Terex Corporation manufactures industrial equipment for materials processing machinery, waste and recycling solutions, mobile elevating work platforms, and equipment for the electric utility industry worldwide.
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The MP segment offers crushers, washing systems, screens, trommels, apron feeders, material handlers, pick and carry cranes, wood processing, biomass and recycling equipment, concrete mixer trucks and concrete pavers, conveyors, and replacement parts under the Terex, Powerscreen, Fuchs, EvoQuip, Canica, Cedarapids, CBI, Simplicity, Franna, Terex Ecotec, Finlay, ProAll, ZenRobotics, Terex Washing Systems, Terex MPS, Terex Jaques, Advance, Bid-Well, MDS, MARCO, MAGNA, Green-Tec, and Terex Recycling Systems brands.
Its products are used in construction, infrastructure, and recycling projects; quarrying, mining, and material handling applications; maintenance applications to lift equipment or material; and landscaping and biomass production industries.
The Aerials segment provides aerial work platform equipment, and telehandlers under the Terex and Genie brands; and portable material lifts, portable aerial work platforms, trailer-mounted articulating booms, self-propelled articulating and telescopic booms, and scissor lifts for construction and maintenance of industrial, commercial, institutional, and residential buildings and facilities, commercial operations, and tree trimming and various infrastructure projects.
The ES segments offers refuse collection bodies, hydraulic cart lifters, automated carry cans, utility equipment, compaction, balers, recycling equipment, diggers derricks, transmission and distribution lines, construction and foundation drilling applications, insulated aerial devices, and cameras under the Heil, Marathon, 3rd Eye, Soft-Pak, Connected Collections, Parts Central, Curotto-Can, and Bayne Thinline brands; and waste hauler software solutions.
The company was founded in 1933 and is based in Norwalk, Connecticut.
Stock analysis
Terex Corporation (TEX) currently trades at $54.96, while our model-based Fair Value estimate is $33.94, 38% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of $42.45 per share, and 1 of the 24 models we run sit above the $54.96 price.
Bear case: the Dividend Discount group reads lowest at $5.25, and 23 of the 24 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $18.33 (bear) to $44.55 (bull), the price of $54.96 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 35/100 (below-average quality), in the Industrials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Terex Corporation reported revenue of $5.4B in FY2025 versus $3.9B in FY2021, a compound +8.7%/yr. Reported net income was $221M in FY2025, compounding +0.0%/yr from FY2021.
Key figures
Market cap $6.3B Mid · P/E ratio 25.4 · P/S ratio 0.94 · EPS (TTM) $2.16 · Dividend yield 1.2% · Net margin 2.2% · Return on equity 4.2% · Return on assets (EBIT) 11.9% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 36 out of 100 (low confidence).
What moves the price
The last reported earnings sit well below what analysts expect (earnings in transition, for example after write-downs or an earnings dip); whether the stock is cheap or expensive hinges on the expected recovery actually arriving. Read the fair value with that caveat.
The share trades about 26% below its 52-week high and 33% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at 10% fair-value upside, at −38%, TEX screens richer than that median.
Fair Value models
All 24 models by family
The fair value above starts from this blend and is adjusted for dilution from new shares.
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Insider trades
In the last 6 months, one officer or director sold shares worth $142,945 and none bought.
- SaleStephen JohnstonFormer VP CAO and Controller2× since Jun 4, 2026: 2,081 shares, avg. $68.69$142,945Jun 23, 2026
- SaleJoshua GrossPresident - Aerials5,874 shares at $61.53$361,427May 4, 2026
- SaleKieran HegartyPresident, Materials Processin11,980 shares at $69.24$829,495Feb 17, 2026
- SaleMichael Edward VirnigPresident, Specialty Vehicles16,330 shares at $67.35$1.1MFeb 12, 2026
Plus 22 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Source: SEC Form 4, as of Nov 6, 2026. All filings at the SEC ↗
Revenue & earnings trend
Growth Forecast
TEX screens overvalued: fair value 38% below the price. Compare with Caterpillar Inc →
Recent news
- TEX Q3 Earnings Beat, Stock Up 15.7% on Strong Sales Growth
- Why FPA Queens Road Small Cap Value Fund Sees Value in Terex Corporation (TEX)
- Interpreting Terex (TEX) International Revenue Trends
- The 5 most interesting analyst questions from Terex’s Q3 earnings call
Compare Terex Corporation with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Farm & Heavy Construction Machinery · 145 stocks
Valuation Multiplesvs Farm & Heavy Construction Machinery median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Industrials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Fair value gap by industry
- Return on assets by industry
- Stock screener with 62 metrics
- Undervalued stocks: Industrials
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Farm & Heavy Construction Machinery stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Sinotruk (Hong Kong) Limited 3808 | HK$34.98 | HK$56.97 | +63% | vs TEX |
| XCMG Construction Machinery Co 000425 | ¥7.17 | ¥9.74 | +36% | vs TEX |
| Daimler Truck Holding DTG | €40.49 | €49.70 | +23% | vs TEX |
| PACCAR Inc PCAR | $101.98 | $114.95 | +13% | vs TEX |
| Metso Oyj METSO | €16.99 | €18.69 | +10% | vs TEX |
| Sany Heavy Industry Co 600031 | ¥19.50 | ¥20.84 | +7% | vs TEX |
| Traton SE 8TRA | €33.78 | €32.85 | −3% | vs TEX |
| CNH Industrial N.V CNH | $11.56 | $8.65 | −25% | vs TEX |
| Caterpillar Inc CAT | $558.63 | $283.68 | −49% | vs TEX |
| Deere & Company DE | $671.65 | $263.46 | −61% | vs TEX |
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Key figures of Terex Corporation
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