DE
Deere & Co
Price:  
386.01 
USD
Volume:  
1,318,447.00
United States | Machinery
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Deere Fair Value

120.29 %
Upside

As of 2024-05-23, the Fair Value of Deere & Co (DE) is 850.34 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 386.01 USD, the upside of Deere & Co is 120.29%.

386.01 USD
Stock Price
850.34 USD
Fair Price
FAIR VALUE CALCULATION

Deere Fair Value

Peter Lynch's formula is:

Deere Fair Value
= Earnings Growth Rate x TTM EPS
Deere Fair Value
= 25.00 x 34.01
Deere Fair Value
= 850.34

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-11-03 2020-11-01 2021-10-31 2022-10-30 2023-10-29 5Y Avg
Net income 3,253.00 2,751.00 5,963.00 7,131.00 10,166.00 5,852.80
YoY growth 37.37% -15.43% 116.76% 19.59% 42.56% 40.17%

Deere Fair Value - Key Data

Market Cap (mil) 107,449.74
P/E 11.35x
Forward P/E 13.44x
EPS 34.01
Avg earnings growth rate 40.17%
TTM earnings 9,468.00