What is BIM and why is Trimble's connection to BIM important?

BIM (Building Information Modeling) is the process of creating and managing a digital 3D model of a building or infrastructure project that contains not just geometry but also data about materials, costs, schedules, and performance. Architects design in BIM software (Autodesk Revit, Bentley); engineers add structural and MEP systems in BIM; contractors use BIM to plan construction sequences and coordinate trades. Trimble's connection to BIM is critical because its construction software bridges the office (BIM design) and field (machines, workers) — transferring the digital design to the site as machine control data and tracking actual construction progress against the BIM model. This 'connected construction' workflow is Trimble's core value proposition in construction productivity.

What is Topcon's ophthalmic equipment business and how large is it?

Topcon's eye care business makes diagnostic instruments for ophthalmologists and optometrists: fundus cameras photograph the retina and optic nerve; OCT (optical coherence tomography) systems create cross-sectional images of retinal layers to diagnose macular degeneration and diabetic retinopathy; visual field analyzers test peripheral vision for glaucoma diagnosis; and slit lamps examine the front of the eye. This division represents approximately 30-35% of Topcon's revenue and benefits from aging population demographics driving eye disease incidence. The ophthalmic business provides revenue diversification from Topcon's construction and survey technology segments, with different cyclical characteristics.

How is precision agriculture changing farming efficiency?

Precision agriculture uses positioning, sensing, and data analytics to optimize farming inputs and maximize yield. Key technologies: GPS-guided AutoSteering (tractors follow exact parallel paths reducing overlap waste in field operations — a farmer can reduce fuel and seed waste by 5-10% from eliminating overlap); variable-rate technology (VRT) applying different amounts of seed, fertilizer, or pesticide based on soil sampling data across different zones in the field; yield monitors in combine harvesters mapping crop yield across the field to identify underperforming zones; and drone and satellite imagery monitoring crop health. Together, these technologies can improve farm profitability by 5-15% through reduced input waste and improved targeting — significant when input costs represent 60-70% of farm operating expenses.

brimindinvest.com / compare / trimble-vs-topconLIVE

TRMB

Trimble Inc. · Technology - Precision Positioning & Software

$52.40

-2.29% this month

VERSUS

⟷

COMPARE

7732.T

Topcon Corporation (7732.T) · Technology - Precision Instruments (Japan)

N/A

N/A this month

Scoreboard verdict

Across AI score, momentum, valuation, upside, operating margin

TRMB

0

7732.T

0

MIXED SETUP

Comparison scoreboard

MIXED SETUP

AI Score

TRMB 37.7

7732.T N/A

1Y Return

TRMB -33.36%

7732.T N/A

Fwd P/E

TRMB 13.01

7732.T N/A

Target Up.

TRMB +58.53%

7732.T N/A

Op. Margin

TRMB 15.87%

7732.T N/A

Metrics last refreshed: 7/9/2026

Quick take

TRMB vs Topcon Stock Comparison: AI Score, Valuation, Performance and Upside

TRMB (Trimble) and Topcon are competing precision positioning and construction technology companies — both provide GPS/GNSS-based machine control and surveying solutions for construction and agriculture, with Trimble leading in North American construction software platforms and agriculture precision farming, while Topcon leads in optical surveying instruments and has a significant eye care diagnostic equipment business. Topcon is Japanese-listed with currency exposure; Trimble is U.S.-listed and further along in software transformation.

Trimble vs Topcon is U.S. construction/agriculture technology software platform transformation (Trimble's shift from GPS hardware to recurring cloud software subscriptions for construction workflows and precision farming) versus Japanese precision instruments and construction technology company (Topcon's optical surveying heritage plus machine control with an additional healthcare dimension in eye care diagnostics).

Live analysis · updated 7/9/2026

TRMB and 7732.T are closely matched — they split the tracked metrics evenly.

Normalized 1Y performance

TRMB

7732.T

Not enough data to chart yet.

Recent returns

TRMB

7732.T

Analyst price targets & sentiment

TRMB · 10 analysts

STRONG BUYHOLDSTRONG SELL

Buy (1.6/5.0)

Price target range

analyst low$77.00
analyst high$88.60
analyst mean$84.08
current price$52.40

+58.5% upside to analyst mean

7732.T

Price target data unavailable

N/A

Who should consider this stock?

TRMB may suit investors who:

→Want U.S.-listed precision positioning and construction technology software exposure — Trimble's transformation toward recurring ARR from construction workflow software and agriculture precision farming subscriptions
→Value Trimble's construction digital transformation platform connecting BIM design to machine control in the field as a growing software revenue opportunity in the large construction industry
→Prefer a U.S.-listed company with straightforward USD-denominated revenue versus a Japanese-listed competitor with JPY/USD currency translation exposure

Topcon may suit investors who:

→Want exposure to Topcon's precision instruments franchise including optical surveying equipment, construction machine control, and a growing ophthalmic diagnostic equipment business serving eye care professionals globally
→Value geographic and business model diversification — Topcon's presence in Japan, Asia, and globally through precision instruments and eye care provides different market dynamics than Trimble's North American construction software concentration
→Accept the Japanese stock market listing, lower U.S. investor familiarity, and currency exposure as part of international diversification in precision technology instruments

Performance & AI score

Metric	TRMB	7732.T
AI score	37.7	N/A
AI rank	#1320	N/A
Latest close	$52.40	N/A
1M return	-2.29%	N/A
6M return	-35.74%	N/A
1Y return	-33.36%	N/A

$10,000 invested — hypothetical growth (dividends reinvested)

How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?

Period	TRMB	7732.T
1Y ago	$6.61K (-33.9%) started 2025-07-08	N/A
5Y ago	$6.29K (-37.1%) started 2021-07-09	N/A
10Y ago	$21.41K (+114.1%) started 2016-07-11	N/A

Hypothetical — past performance does not guarantee future results.

Valuation & upside potential

Metric	TRMB	7732.T
Market cap	$12.36B	N/A
Trailing P/E	27.77	N/A
Forward P/E	13.01	N/A
Price/Sales	4.83	N/A
EV/Revenue	3.67	N/A
Analyst target	$84.08	N/A
Target upside	+58.53%	N/A

Growth, profitability & risk

Metric	TRMB	7732.T
Revenue growth	11.80%	N/A
Earnings growth	55.60%	N/A
EPS growth	+55.60%	N/A
FCF margin	+10.04%	N/A
Operating margin	15.87%	N/A
Profit margin	12.38%	N/A
ROIC proxy	8.25%	N/A
Return on equity	8.25%	N/A
Dividend yield	N/A	N/A
Beta	1.38	N/A
Debt/equity	25.06	N/A
Current ratio	1.01	N/A
Quick ratio	0.62	N/A

Drawdown & downside risk

Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.

1Y risk snapshot

TRMB max drawdown42.67%

7732.T max drawdownN/A

TRMB max wkly drop17.35%

7732.T max wkly dropN/A

5Y risk snapshot

TRMB max drawdown57.35%

7732.T max drawdownN/A

TRMB max wkly drop17.35%

7732.T max wkly dropN/A

10Y risk snapshot

TRMB max drawdown57.35%

7732.T max drawdownN/A

TRMB max wkly drop38.07%

7732.T max wkly dropN/A

Performance metrics by period

Period	Metric	TRMB	7732.T
1Y	Growth	-33.94%	N/A
	CAGR	-33.98%	N/A
	Sharpe ratio	-1.41	N/A
	Max drawdown	42.67%	N/A
	Max daily drop	7.24%	N/A
	Max wkly drop	17.35%	N/A
5Y	Growth	-37.06%	N/A
	CAGR	-8.85%	N/A
	Sharpe ratio	-0.25	N/A
	Max drawdown	57.35%	N/A
	Max daily drop	13.09%	N/A
	Max wkly drop	17.35%	N/A
10Y	Growth	+114.14%	N/A
	CAGR	+7.92%	N/A
	Sharpe ratio	0.26	N/A
	Max drawdown	57.35%	N/A
	Max daily drop	18.60%	N/A
	Max wkly drop	38.07%	N/A

Business comparison

Category	TRMB	7732.T
Company	Trimble Inc.	Topcon Corporation (7732.T)
Sector	Technology	Technology - Precision Instruments (Japan)
Industry	Scientific & Technical Instruments	N/A
Core business	Trimble provides positioning, modeling, and workflow software solutions for construction, agriculture, transportation, and geospatial markets — integrating GPS/GNSS positioning with sensors, software, and cloud platforms to improve productivity and reduce costs in physical work. Trimble is transforming from a hardware company to a software and services business through its Trimble Works Transformation strategy.	Topcon Corporation is a Japanese precision instruments company providing positioning technology (GNSS/GPS systems), optical surveying instruments (total stations, levels, laser scanners), machine control systems for construction equipment, and ophthalmic diagnostic instruments for eye care professionals. Topcon is listed on the Tokyo Stock Exchange (ticker: 7732).
Investor focus	Investors track Trimble's Annual Recurring Revenue (ARR) growth as software and subscriptions displace one-time hardware sales, the construction productivity software platform (Trimble Construction One), agriculture precision farming subscriptions, margins as software mix increases, and the transformation timeline toward a recurring revenue model.	International investors evaluate Topcon on its construction and positioning technology revenue, agriculture positioning systems, smart infrastructure solutions, eye care diagnostic equipment as a growing healthcare segment, and the JPY/USD currency impact on international sales. Topcon's ADR or international shares are less liquid than Trimble's U.S.-listed stock.

TRMB strengths

→Software transformation — Trimble is converting from selling GPS hardware to selling integrated cloud software platforms (Trimble Construction One for construction workflows, Agriculture software for crop planning), increasing ARR and improving the recurring revenue profile
→Construction productivity platform — Trimble's connected site solutions (machine control, surveying, BIM) connect the office (design/BIM) to field (machines, workers) in a digital workflow that reduces rework and improves construction efficiency
→Agriculture precision farming platform — Trimble's farming software, AutoSteering systems, and yield mapping provide integrated precision agriculture solutions that improve input efficiency and crop yields

7732.T strengths

→Optical surveying instrument heritage — Topcon's total stations and laser levels have decades of professional surveyor loyalty; precision optical manufacturing expertise developed for surveying instruments also supports the ophthalmic equipment business
→Machine control solutions for construction — Topcon's MAGNET software and machine control systems guide excavators, graders, and pavers using GNSS positioning, competing directly with Trimble's heavy equipment control systems
→Eye care diagnostic diversification — Topcon's fundus cameras, OCT systems, and visual field analyzers for ophthalmologists provide a healthcare revenue stream independent of construction and agriculture cycles

Risks to watch — TRMB

→Hardware to software transition takes time — construction and agricultural customers purchasing Trimble software must change decades-old workflows; adoption can be slower than expected
→Competitive pressure from John Deere (Operations Center, Precision Ag), CNH (AFS/PLM), and Leica Geosystems (Hexagon) in segments where Trimble has established market positions
→Construction and agricultural end market cycles affect Trimble — building and farming capex downturns reduce both hardware sales and new software subscriptions

Risks to watch — 7732.T

→Japan listing and currency — Topcon's primary listing is on the Tokyo Stock Exchange; non-Japanese investors face JPY/USD currency risk and lower liquidity than U.S.-listed alternatives
→Smaller scale and lower profile than Trimble in the North American construction technology market, where Trimble has a stronger established position
→Competition in machine control from Trimble, Leica Geosystems (Hexagon), and increasingly from equipment manufacturers (Komatsu Smart Construction, Caterpillar Grade Control) building machine control into equipment directly

Frequently asked questions

Machine control technology uses GPS/GNSS positioning combined with sensors on construction equipment to guide operators or automatically control machines to match a digital design model. On a grading operation, a Trimble or Topcon machine control system on a bulldozer: receives the 3D design model of the finished grade from the engineer; uses GPS to know exactly where the blade is in 3D space; compares current grade to design grade in real time; and guides the operator (or automatically adjusts the blade) to cut/fill exactly to design specifications. This eliminates the need for survey stakes, reduces material waste, speeds up grading operations, and enables single-pass accuracy that would take multiple passes with traditional staking methods.

AI Prediction SignalNext 5 trading days

Members only

TRMB

+2.8%BUY

7732.T

+1.1%HOLD

Start Free Trial Log in

ML model trained on historical prices · 14-day free trial · No credit card required

Free public comparison

Want deeper AI forecasts?

This comparison page is public and free forever. Subscribers can unlock saved watchlists, full AI rankings, detailed forecasts, and interactive analysis tools.

Start Free Trial Read Investing Guides