Cummins Inc
NYSE:CMI

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Cummins Inc
NYSE:CMI
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Price: 325.68 USD -0.27% Market Closed
Market Cap: 44.9B USD

Relative Value

The Relative Value of one CMI stock under the Base Case scenario is 405.49 USD. Compared to the current market price of 325.68 USD, Cummins Inc is Undervalued by 20%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

CMI Relative Value
Base Case
405.49 USD
Undervaluation 20%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
26
vs Industry
51
Median 3Y
1.2
Median 5Y
1.2
Industry
1.6
Forward
1.3
vs History
39
vs Industry
55
Median 3Y
15.1
Median 5Y
14.9
Industry
21
Forward
15.5
vs History
0
vs Industry
19
Median 3Y
15.3
Median 5Y
12.7
Industry
14.5
vs History
0
vs Industry
14
Median 3Y
18
Median 5Y
15.8
Industry
20.4
vs History
25
vs Industry
15
Median 3Y
3.8
Median 5Y
3.8
Industry
1.8
vs History
23
vs Industry
49
Median 3Y
1.2
Median 5Y
1.3
Industry
1.7
Forward
1.5
vs History
33
vs Industry
46
Median 3Y
5.2
Median 5Y
5.4
Industry
6.2
vs History
53
vs Industry
43
Median 3Y
9.9
Median 5Y
10.2
Industry
12.1
Forward
9.1
vs History
58
vs Industry
43
Median 3Y
12.8
Median 5Y
13.5
Industry
16.1
Forward
11.9
vs History
0
vs Industry
16
Median 3Y
17.4
Median 5Y
13.2
Industry
14.7
vs History
0
vs Industry
3
Median 3Y
34.1
Median 5Y
20.4
Industry
18
vs History
28
vs Industry
31
Median 3Y
1.7
Median 5Y
1.7
Industry
1.4

Multiples Across Competitors

CMI Competitors Multiples
Cummins Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Cummins Inc
NYSE:CMI
44.8B USD 1.3 16.1 10 12.8
US
Caterpillar Inc
NYSE:CAT
171.1B USD 2.7 17.2 12.6 14.6
SE
Volvo AB
STO:VOLV B
537.8B SEK 1 11.6 6.9 9.5
US
Paccar Inc
NASDAQ:PCAR
49.6B USD 1.5 14.3 9.5 11.2
US
Westinghouse Air Brake Technologies Corp
NYSE:WAB
35.1B USD 3.3 31.8 17 21.9
JP
Toyota Industries Corp
TSE:6201
4.9T JPY 1.2 18.8 10.4 25.7
DE
Daimler Truck Holding AG
XETRA:DTG
30B EUR 0.6 10.5 7.3 9.3
CN
CRRC Corp Ltd
SSE:601766
206.3B CNY 0.8 14.3 11.1 11.1
JP
Komatsu Ltd
TSE:6301
4.1T JPY 1 9.4 5.6 7
KR
Hyundai Heavy Industries Co Ltd
KRX:329180
37.1T KRW 2.4 42.3 24.3 31
SE
Epiroc AB
STO:EPI A
262.6B SEK 4 29.4 16.9 21.6