Toro Co (TTC) fair value: what the stock is really worth
As of Nov 4, 2026: fair value (intrinsic value) of Toro Co stock $70.12, price $107, that is 34.8% below the price, quality 75 out of 100. Rating: overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 4, 2026.
How to read this chart
60‑month range $61.75 – $108.94 · fair‑value band $52.59 – $87.65 · the $107.49 price screens above the $70.12 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 4, 2026.
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The Toro Company provides professional turf maintenance equipment and services. It operates through Professional and Residential segments.
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It offers riding and walking mowers, greens rollers, all-wheel drive articulating tractors, turf sprayer, utility vehicles, aeration, bunker maintenance, and other turf equipment; sprinkler heads, controllers, turf sensors, valves, and operating software; and riding rotary and reel mowers and attachments, infield grooming equipment, multipurpose vehicles, debris management products, all-wheel drive articulating tractors, sidewalk snow and ice solution vehicles, and related attachments and accessories.
The company also provides zero-turn radius riding mowers, walk behind and stand-on mowers, turf application and renovation, tree care, horizontal directional drills, and drilling guidance and support equipment; walk and ride trenchers, vacuum excavators, utility locators and inspection systems, pipe rehabilitation, and replacement solutions; drive chucks and sub savers, drill pipe, starter rods and quick connects, bits and blades, rock tools, reamers, and swivels; and snow removal and ice management solutions.
In addition, it offers rotors, sprinkler bodies and nozzles, valves, drip tubing and subsurface irrigation, and electric control devices; wired and wireless rain, freeze, climate, and soil sensors; drip tape, polyethylene tubing, drip line, emitters, filters, fitting, and software related solutions; stand-on skid steers, walk-behind trenchers, stump grinders, material handlers, and other concrete construction equipment; walk power and zero-turn riding mowers, and snow throwers; and grass and hedge trimmers, blower-vacuums, chainsaws, edgers, cultivators, string mowers, and related parts and accessories.
The company sells its products through distributors, dealers, mass retailers, hardware retailers, equipment rental and home centers, and online. The company was founded in 1914 and is headquartered in Bloomington, Minnesota.
Stock analysis
Toro Co (TTC) currently trades at $107.49, while our model-based Fair Value estimate is $70.12, 35% 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 $81.00 per share, and 0 of the 26 models we run sit above the $107.49 price.
Bear case: the Earnings-Based group reads lowest at $18.10, and 26 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: $52.59 (bear) to $87.65 (bull), the price of $107.49 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 75/100 (high quality), in the Industrials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Toro Co reported revenue of $4.5B in FY2025 versus $4.0B in FY2021, a compound +3.3%/yr. Reported net income was $316M in FY2025, compounding −6.3%/yr from FY2021.
Key figures
Market cap $10.3B Large · P/E ratio 28.7 · P/S ratio 2.16 · EPS (TTM) $3.74 · Dividend yield 1.4% · Net margin 7.6% · Return on equity 26.5% · Return on assets (EBIT) 15.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 64 out of 100 (medium confidence).
What moves the price
The share trades about 1% below its 52-week high and 61% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −20% fair-value upside, at −35%, TTC screens richer than that median.
Fair Value models
Bear$52.59Fair Value $70.12Bull$87.65
Price $107.49 · Downside -34.8%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 12 months old). Earnings retained since then ($2.19 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
In the last 6 months, one officer or director bought shares worth $14,402, on Jun 16, 2026. Over the same period, 4 people sold shares worth $1.4M.
SaleEdric C FunkPresident & COO, Director2× since Jun 26, 2026: 1,528 shares, avg. $97.63$149,231Sep 8, 2026
SaleKurt D SvendsenVP, Technology6,600 shares at $93.09$614,394Jun 23, 2026
BuyAngela C DrakeVP & CFO160 shares at $90.01$14,402Jun 16, 2026
SalePeter D MoellerGroup VP, Undg, Spec Con & Inl2,000 shares at $93.41$186,826Jun 11, 2026
SaleGary Lee EllisDirector4,951 shares at $91.91$455,046Jun 9, 2026
SaleGregory S JaneyGroup VP, Landscapes & Contrac3,500 shares at $95.47$334,128Mar 24, 2026
SaleJames Calvin O'RourkeDirector4,951 shares at $99.40$492,129Mar 10, 2026
SaleRichard M OlsonChairman & CEO, Director119,400 shares at $100.15$12.0MMar 10, 2026
Plus 7 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.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.70/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−1.6%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+0.0%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+5.9%
Start year 2020 (pandemic). Over 10 years: +6.6% a year
Revenue growth 39 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+6.4%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: adjusted.
+5.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year+4.1%
Dividend (yield on the price)1.4%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.0.9% vs 6.0%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.13% → 11%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
Price in line with expectations
The price assumes about as much growth as the company has delivered so far and about what analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+6.4%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+4.8%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +3.9% a year for the price and +2.3% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (98 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Positive
Recent news coverage is more positive than average.
AI conclusion: Toro benefits from steady demand in professional construction and turf markets supported by productivity initiatives and portfolio additions, yet thin public signals leave durability of its moderate moat potential unproven over cycles.
Main risk: Continued investment required to scale autonomous and smart-connected solutions risks exceeding efficiency gains and thereby pressuring margins in the professional equipment businesses.
Toro draws steady demand in its professional businesses serving construction and turf markets, backed by productivity initiatives and recent portfolio additions. Its push into autonomous, smart-connected and alternative-power solutions creates scope for efficiency gains across customers. Will these technology bets expand margins and reach faster than they require ongoing investment to scale?
Price, fair value, quality and upside side by side.
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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.Tools & Accessories · 128 stocks
Beats the industry median on 7/15 measures
A mixed picture versus its industry peers.
Valuation
Quality Score75 · Top 25%
Fair Value upside−34.8% · Below median
Profitability
Return on equity (12 months)26.5% · Top 25%
Return on assets9.2% · Top 25%
Net margin (12 months)7.6% · Above median
Operating margin (12 months)14.0% · Above median
Growth and dividend
Revenue growth (quarter YoY)8.4% · Below median
Dividend yield (12 months)1.4% · Below median
Balance sheet
Debt / equity0.63× · Highest 25%
Valuation Multiplesvs Tools & Accessories median · lower = cheaper
P/E (12 months)28.7× · Pricier than median
P/B7.07× · Priciest 25%
P/S (12 months)2.16× · Pricier than median
Price / free cash flow17.8× · Cheaper than median
EV/EBITDA16.1× · Pricier than median
PEG1.46× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 9
FUTURE (revenue growth)42· sector 59
PAST (return on equity)100· sector 31
HEALTH (low debt)68· sector 96
DIVIDEND (yield)29· sector 40
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Toro Co Fair Value". https://www.fairvalue-calculator.com/stock/TTC
Frequently asked questions
Is Toro Co (TTC) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of $70.12 versus a price of $107.49, about 35% lower (overvalued).
What is the fair value of TTC?
Our model-based fair value for Toro Co is $70.12 (as of Nov 4, 2026), built from audited fundamentals. The current price: $107.49.
What is the quality score of TTC?
Toro Co has a Quality Score of 75/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Toro Co (TTC)?
Our model-based price target is the fair value of $70.12 (as of Nov 4, 2026) from 26 valuation models. Cautious scenario $52.59, optimistic scenario $87.65. It is a calculation from audited fundamentals, not an analyst target.
What is the Toro Co stock forecast for 2026?
Our models put fair value at $70.12, about 35% lower versus a price of $107.49 (overvalued). Cautious scenario $52.59, optimistic scenario $87.65. The calculation is refreshed regularly with new filings.
What is the revenue of Toro Co (TTC)?
Toro Co reported trailing-twelve-month revenue of about $4.8B (latest available figure, as of Nov 4, 2026).
Does Toro Co pay a dividend?
Toro Co currently shows a dividend yield of 1.44% relative to its recent price (as of Nov 4, 2026).
What growth is priced into Toro Co (TTC)?
For today's price to be fair in a discounted-cash-flow model, Toro Co would have to grow free cash flow by +6.4 % per year for five years (discount rate 8.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +6.0 % per year. As of Nov 4, 2026.
What discount rate (WACC) does the fair value of TTC use?
Our models discount Toro Co at 8.9 %: a base by market capitalisation (mid), damped by beta 0.67, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Toro Co that is +6.4 % per year a year over ten years, using the same discount rate (8.9 %) and the same formula as our fair value.
How much growth has Toro Co (TTC) delivered so far?
Over the past 5 years revenue at Toro Co grew +6.0 % a year. The price currently implies +6.4 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Toro Co (TTC) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into Toro Co (+6.4 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Toro Co (TTC)?
The free-cash-flow yield on the price is 5.63 %: that much free cash flow Toro Co produces per unit of market value. When it exceeds the discount rate of our models (8.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Toro Co (TTC)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Toro Co it is $70.12 per share (as of Nov 4, 2026), against a price of $107.49. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is Toro Co stock overvalued or undervalued in 2026?
As of Nov 4, 2026, TTC trades above its calculated fair value: price $107.49, fair value $70.12, a gap of about −35% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of TTC?
No. The price is what the market pays today ($107.49); the fair value is what the company's own numbers justify ($70.12). For Toro Co the two are $37.37 per share apart. That gap is exactly why we show both numbers side by side.
How much is Toro Co worth?
The market values Toro Co at about $10.3B (market capitalisation, as of Nov 4, 2026). Per share that is $107.49; our models calculate a fair value of $70.12 per share.
What do the bullish and bearish scenarios say about TTC?
Our models span a range for Toro Co: cautious scenario $52.59, base $70.12, optimistic $87.65 per share (as of Nov 4, 2026, price $107.49). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of TTC?
Toro Co trades at a price-to-earnings ratio of 28.7 (as of Nov 4, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $70.12 is built from several models across several years. Excluding one-off items of fiscal year 2025 it is 29.0 (reported for FY2025: 33.9). Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings, FY2023, FY2025 ex one-offs: 24.2. Other multiples: PEG 1.5, P/B 7.1, P/S 2.2, EV/EBITDA 16.1.
What is the PEG ratio of TTC?
The PEG ratio of Toro Co is 1.46 (P/E divided by earnings growth, as of Nov 4, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Toro Co (TTC)?
Balance-sheet figures for Toro Co (as of Nov 4, 2026): return on equity 26.5%, debt of 0.63 per unit of equity. They feed the Quality Score of 75/100, which measures business quality independently of the share price.
How far is TTC from its 52-week high?
Toro Co trades at $107.49, about 1% below its 52-week high of $108.84 and 61% above the low of $66.80 (as of Nov 4, 2026). Distance from the high says nothing about value: that is what the fair value of $70.12 is for.
Which stocks are comparable to Toro Co?
From the same area (Industrials) we also value Techtronic Industries Company, Snap-on Incorporated, Lincoln Electric Holdings, RBC Bearings Incorporated, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Toro Co stock attractive at the current price?
The data as of Nov 4, 2026: price $107.49, calculated fair value $70.12 (−35%), Quality Score 75/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of TTC calculated?
We run Toro Co through 26 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $70.12, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.6% above its aggregate fair value. Toro Co itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Toro Co (TTC)?
The closing price on Nov 4, 2026 was $107.49. Our model-based fair value is $70.12, about 35% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Toro Co right now?
A high-quality business (quality 75/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety. The price sits above even our optimistic bull case ($87.65). The favourable scenario is already priced in.
Where does the earnings growth of Toro Co (TTC) come from?
Earnings per share at Toro Co grew +7.6 % a year from 2014 to 2025. Broken into its drivers: revenue per share +8.9 %, EBIT margin −2.1 %, tax rate +2.0 %, residual (interest, one-offs) −1.1 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Toro Co
How large is the market capitalisation of Toro Co (TTC)?
The market capitalisation of Toro Co is $10.3B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Toro Co (TTC)?
The price-to-sales ratio of Toro Co is 2.16 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Toro Co (TTC)?
Earnings per share at Toro Co are $3.74 (price ÷ EPS = P/E 28.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Toro Co (TTC)?
The dividend yield of Toro Co is 1.4% (payout 35.4%, on adjusted earnings, reported 41.4%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Toro Co (TTC)?
The net margin of Toro Co is 7.6% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Toro Co (TTC)?
The return on equity (ROE) of Toro Co is 26.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Toro Co (TTC)?
On an EBIT basis the return on assets of Toro Co is 15.0% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Toro Co (TTC)?
The operating margin of Toro Co is 14.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Toro Co (TTC)?
Revenue at Toro Co is growing +8.4% versus a year earlier (3y avg 0.0%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Toro Co (TTC)?
Earnings per share at Toro Co are growing +49.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Toro Co (TTC) carry?
The net debt of Toro Co is $681M (fiscal year 2025, ≈ 1.2 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 4, 2026