Oshkosh Corp (OSK) is slightly undervalued and Terex Corp (TEX) is overvalued.
Against our estimates of intrinsic value, OSK trades at the wider discount: a margin of safety of +13%, against -48% for TEX.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 10.2% (average of 3 methods) values the shares at $159.18; the price of $138.04 is 13% below that value, and 72% of that value comes from beyond year five.
Leak Score 65/100 on 3 of 12 signals
Discounting its cash flows at 9.8% (average of 3 methods) values the shares at $39.69; the price of $58.79 is 48% above that value, and 74% of that value comes from beyond year five.
Leak Score 14/100 on 3 of 12 signals
| Metric | OSK | TEX |
|---|---|---|
| Verdict | Slightly undervalued | Overvalued |
| Price | $138.04 | $58.79 |
| Intrinsic value | $159.18 | $39.69 |
| Margin of safety | +13% | -48% |
| Leak Score | 65/100 (3/12) | 14/100 (3/12) |
| Market cap | $8.5B | $6.7B |
| Revenue growth, 5 years | 8.7% | 12.0% |
| Operating margin | 7.5% | 7.0% |
| Net margin | 5.2% | 2.2% |
| Return on equity | 12.4% | 4.2% |
| Debt to equity | 0.24 | 0.55 |
| P/E | 15.8x | 30.5x |
| Forward P/E | 9.9x | 9.8x |
| P/B | 1.9x | 1.4x |
| Dividend yield | 1.6% | 1.1% |