Deere (DEER) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Deere C$9.80, price C$34.99, upside -72.0%, quality 51 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? Yes
- Add to watchlist
Deere
DEER · NEOStretched ValuationStrong overvaluation with only moderate quality.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 28, 2026.
How to read this chart
32‑month range C$17.98 – C$36.10 · fair‑value band C$6.28 – C$16.79 · the C$34.99 price screens above the C$9.80 fair value. Dashed = 300-day average. As of Sep 28, 2026.
Every Wednesday you see whether Deere CDR (CAD Hedged) is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Company profile
Deere & Company engages in the manufacture and distribution of various equipment worldwide. The company operates through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services.
Show more
Deere & Company engages in the manufacture and distribution of various equipment worldwide. The company operates through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment provides four-wheel-drive track and row crop tractors, harvesters, cotton pickers and strippers, sugarcane harvesters and loaders, soil preparation, tillage, seeding, and crop care equipment, as well as application equipment, including sprayers and nutrient management, soil preparation machinery, and related attachments and service parts. The Small Agriculture and Turf segment offers specialty, utility, and compact tractors; self-propelled forage harvesters and attachments; rotary mowers, hay and forage equipment, and utility vehicles; turf and utility equipment, including riding lawn, commercial mowing, and golf course equipment, and utility vehicles, as well as implements for mowing, tilling, snow and debris handling, aerating, residential, commercial, golf, and sports turf care applications. The Construction and Forestry segment provides backhoe loaders, crawler dozers and loaders, four-wheel-drive loaders, excavators, motor graders, articulated dump trucks, skid-steer loaders, milling machines, recyclers, slipform and asphalt pavers, surface miners, compactors, tandem, static rollers, mobile crushers and screens, mobile and stationary asphalt plants, and log harvesters; and road building and rehabilitation equipment. The Financial Services segment finances sales and leases agriculture and turf, and construction and forestry equipment. It also offers wholesale financing to dealers of the foregoing equipment; and extended equipment warranties, as well as finances retail revolving charge accounts. The company was founded in 1837 and is headquartered in Moline, Illinois.
Stock analysis
Deere CDR (CAD Hedged) (DEER) currently trades at C$34.99, while our model-based Fair Value estimate is C$9.80, 72.0% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of C$17.51 per share, and 0 of the 22 models we run sit above the C$34.99 price.
Bear case: the Asset-Based group reads lowest at C$3.56, and 22 of the 22 models stay below the price. Evidence for this calculation is medium.
Scenario range: C$6.28 (bear) to C$16.79 (bull), the price of C$34.99 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 51/100 (solid quality), in the Industrials sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Deere CDR (CAD Hedged) reported revenue of $44.7B in FY2025 versus $51.3B in FY2022, a compound −4.5%/yr. Reported net income was $5.0B in FY2025, compounding −11.0%/yr from FY2022.
Key figures
Market cap C$222B (≈ $156B) · P/E ratio 30.2 · P/S ratio 3.40 · EPS (TTM) C$0.9900 · Net margin 11.3% · Return on equity 20.4% · Return on assets (EBIT) 10.7% · Operating margin 12.4%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 58 out of 100 (medium confidence).
What moves the price
The share trades about 3% below its 52-week high and 51% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at 10% fair-value upside, at −72%, DEER screens richer than that median.
Fair Value models
All 22 models by family
Notify me when DEER reaches fair value
Put DEER on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.
Set up alert →Quality Score breakdown
Of which business quality 48 · Market factors (momentum, volatility) 71
Revenue & earnings trend
Growth Forecast
DEER screens overvalued: fair value 72% below the price. Compare with Caterpillar Inc →
Compare Deere CDR (CAD Hedged) 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 · 144 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 Consumer Discretionary sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Canadian Stocks
- Valuation of the Canada 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 |
|---|---|---|---|
| Caterpillar Inc CAT | $810.79 | $308.45 | −62% |
| Deere & Company DE | $671.55 | $258.17 | −62% |
| PACCAR Inc PCAR | $109.81 | $120.79 | +10% |
| Daimler Truck Holding DTG | €42.54 | €50.36 | +18% |
| Sany Heavy Industry Co 600031 | ¥17.20 | ¥20.84 | +21% |
| CNH Industrial N.V CNH | $13.06 | $8.65 | −34% |
| Traton SE 8TRA | €34.04 | €32.82 | −4% |
| Metso Oyj METSO | €17.08 | €18.79 | +10% |
| XCMG Construction Machinery Co 000425 | ¥7.17 | ¥14.52 | +103% |
| Sinotruk (Hong Kong) Limited 3808 | HK$35.30 | HK$56.32 | +60% |
Explore undervalued stocks
More undervalued Industrials stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is Deere (DEER) overvalued or undervalued?
What is the fair value of DEER?
What is the quality score of DEER?
What is the price target for Deere (DEER)?
What is the Deere CDR (CAD Hedged) stock forecast for 2026?
What is the revenue of Deere (DEER)?
What growth is priced into Deere (DEER)?
What discount rate (WACC) does the fair value of DEER use?
What is a reverse DCF?
How much growth has Deere (DEER) delivered so far?
How fast is the sector of Deere (DEER) growing?
What is the free cash flow yield of Deere (DEER)?
What is the intrinsic value of Deere (DEER)?
Is Deere CDR (CAD Hedged) stock overvalued or undervalued in 2026?
Is fair value the same as the market price of DEER?
How much is Deere CDR (CAD Hedged) worth?
What do the bullish and bearish scenarios say about DEER?
What is the P/E ratio of DEER?
What is the PEG ratio of DEER?
How solid is the balance sheet of Deere (DEER)?
How far is DEER from its 52-week high?
Which stocks are comparable to Deere CDR (CAD Hedged)?
Is Deere CDR (CAD Hedged) stock attractive at the current price?
How is the fair value of DEER calculated?
Is it still worth investing in stocks now?
What is the share price of Deere (DEER)?
What should I pay attention to with Deere CDR (CAD Hedged) right now?
Key figures of Deere CDR (CAD Hedged)
How large is the market capitalisation of Deere (DEER)?
What is the P/S ratio of Deere (DEER)?
What are the earnings per share of Deere (DEER)?
What is the net margin of Deere (DEER)?
What is the return on equity of Deere (DEER)?
What is the EBIT return on assets of Deere (DEER)?
What is the operating margin of Deere (DEER)?
How fast is revenue growing at Deere (DEER)?
How fast are earnings growing at Deere (DEER)?
How much net debt does Deere (DEER) carry?
Continue in the live analysis
Fair value and trend for 35,000+ stocks, watchlist, comparison and the diversification check. You can also try 14 days of Pro there, no card.
Open the live analysis →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.