Cummins India Ltd
NSE:CUMMINSIND

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Cummins India Ltd
NSE:CUMMINSIND
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Price: 3 360.3 INR 1.43% Market Closed
Market Cap: 931.5B INR
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Relative Value

The Relative Value of one CUMMINSIND stock under the Base Case scenario is 2 487.96 INR. Compared to the current market price of 3 360.3 INR, Cummins India Ltd is Overvalued by 26%.

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.

CUMMINSIND Relative Value
Base Case
2 487.96 INR
Overvaluation 26%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

10.2
P/S
P/S
Price to Sales
10.2
vs History
11
vs Industry
3
Median 3Y
5.7
Median 5Y
5
Industry
1.6
Forward
8.8
More Details
50.9
P/E
P/E
Price to Earnings
50.9
vs History
12
vs Industry
9
Median 3Y
37.7
Median 5Y
33.2
Industry
20.7
Forward
50.2
More Details
72.5
P/OCF
P/OCF
Price to OCF
72.5
vs History
11
vs Industry
6
Median 3Y
47.2
Median 5Y
42.1
Industry
14.8
More Details
127.9
P/FCFE
P/FCFE
Price to FCFE
127.9
vs History
22
vs Industry
4
Median 3Y
79.2
Median 5Y
58.7
Industry
21.3
More Details
14.1
P/B
P/B
Price to Book Value
14.1
vs History
11
vs Industry
1
Median 3Y
7.8
Median 5Y
5.9
Industry
1.8
More Details
10
EV/S
EV/S
Enterprise Value to Sales
10
vs History
11
vs Industry
3
Median 3Y
5.5
Median 5Y
4.8
Industry
1.7
Forward
8.6
More Details
26.7
EV/GP
EV/GP
Enterprise Value to Gross Profit
26.7
vs History
12
vs Industry
4
Median 3Y
17.1
Median 5Y
14.3
Industry
6.2
More Details
47.8
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
47.8
vs History
11
vs Industry
6
Median 3Y
33.4
Median 5Y
30.8
Industry
12.4
Forward
44.2
More Details
52.2
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
52.2
vs History
15
vs Industry
6
Median 3Y
38.6
Median 5Y
35.7
Industry
16
Forward
43.9
More Details
70.4
EV/OCF
EV/OCF
Enterprise Value to OCF
70.4
vs History
11
vs Industry
6
Median 3Y
44.6
Median 5Y
39.9
Industry
14.8
More Details
90.6
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
90.6
vs History
14
vs Industry
5
Median 3Y
56.7
Median 5Y
50.5
Industry
18.1
More Details
18.7
EV/IC
EV/IC
Enterprise Value to IC
18.7
vs History
11
vs Industry
1
Median 3Y
10
Median 5Y
6.8
Industry
1.4
More Details

Multiples Across Competitors

CUMMINSIND Competitors Multiples
Cummins India Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
Cummins India Ltd
NSE:CUMMINSIND
931.5B INR 10.2 50.9 47.8 52.2
US
Caterpillar Inc
NYSE:CAT
176.4B USD 2.7 16.5 11.7 13.4
US
Paccar Inc
NASDAQ:PCAR
54.9B USD 1.6 11.7 8.7 10.1
SE
Volvo AB
STO:VOLV B
541.3B SEK 1 10.5 6.4 8.3
US
Cummins Inc
NYSE:CMI
48.1B USD 1.4 23 11.8 15.4
US
Westinghouse Air Brake Technologies Corp
NYSE:WAB
32.9B USD 3.2 31.1 16.2 21.4
CN
CRRC Corp Ltd
SSE:601766
232.2B CNY 1 18.1 14.2 14.2
DE
Daimler Truck Holding AG
XETRA:DTG
28.7B EUR 0.5 7.8 5.6 6.8
JP
Komatsu Ltd
TSE:6301
3.9T JPY 1 10.1 6.1 7.7
JP
Toyota Industries Corp
TSE:6201
3.6T JPY 0.9 15.2 8 20
CN
China CSSC Holdings Ltd
SSE:600150
161.8B CNY 2 60.7 211.3 211.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
IN
Cummins India Ltd
NSE:CUMMINSIND
Average EV/EBITDA: 31.6
47.8
40%
1.2
US
Caterpillar Inc
NYSE:CAT
11.7
-4%
N/A
US
Paccar Inc
NASDAQ:PCAR
8.7
-10%
N/A
SE
Volvo AB
STO:VOLV B
6.4
-10%
N/A
US
Cummins Inc
NYSE:CMI
11.8
48%
0.2
US
Westinghouse Air Brake Technologies Corp
NYSE:WAB
16.2
37%
0.4
CN
CRRC Corp Ltd
SSE:601766
14.2
99%
0.1
DE
Daimler Truck Holding AG
XETRA:DTG
5.6
13%
0.4
JP
Komatsu Ltd
TSE:6301
6.1
2%
2.7
JP
Toyota Industries Corp
TSE:6201
8
3%
2.6
CN
China CSSC Holdings Ltd
SSE:600150
211.3
1 170%
0.2

See Also

Summary
CUMMINSIND intrinsic value, competitors valuation, and company profile.
DCF Valuation
CUMMINSIND stock valuation using Discount Cash Flow valuation method.
Relative Valuation
CUMMINSIND stock valuation using valuation multiples.
Wall Street Estimates
CUMMINSIND price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
CUMMINSIND stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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