Cummins Inc
NYSE:CMI

Watchlist Manager
Cummins Inc Logo
Cummins Inc
NYSE:CMI
Watchlist
Price: 293.26 USD -0.24% Market Closed
Market Cap: 40.4B USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one CMI stock under the Base Case scenario is 388.2 USD. Compared to the current market price of 293.26 USD, Cummins Inc is Undervalued by 24%.

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
388.2 USD
Undervaluation 24%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.2
P/S
P/S
Price to Sales
1.2
vs History
49
vs Industry
51
Median 3Y
1.1
Median 5Y
1.2
Industry
1.5
Forward
1.2
More Details
10.2
P/E
P/E
Price to Earnings
10.2
vs History
93
vs Industry
55
Median 3Y
14.1
Median 5Y
14.2
Industry
19.8
Forward
13.7
More Details
27.1
P/OCF
P/OCF
Price to OCF
27.1
vs History
11
vs Industry
19
Median 3Y
14.4
Median 5Y
12.7
Industry
14.2
More Details
43.9
P/FCFE
P/FCFE
Price to FCFE
43.9
vs History
11
vs Industry
14
Median 3Y
18
Median 5Y
13.4
Industry
19.8
More Details
3.9
P/B
P/B
Price to Book Value
3.9
vs History
34
vs Industry
15
Median 3Y
3.8
Median 5Y
3.8
Industry
1.7
More Details
1.3
EV/S
EV/S
Enterprise Value to Sales
1.3
vs History
47
vs Industry
49
Median 3Y
1.2
Median 5Y
1.3
Industry
1.6
Forward
1.3
More Details
5.2
EV/GP
EV/GP
Enterprise Value to Gross Profit
5.2
vs History
52
vs Industry
46
Median 3Y
5.1
Median 5Y
5.4
Industry
5.8
More Details
9.4
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
9.4
vs History
76
vs Industry
43
Median 3Y
9.8
Median 5Y
10.2
Industry
12
Forward
7.8
More Details
12.1
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
12.1
vs History
79
vs Industry
43
Median 3Y
12.8
Median 5Y
13.5
Industry
15.6
Forward
9.8
More Details
29.9
EV/OCF
EV/OCF
Enterprise Value to OCF
29.9
vs History
11
vs Industry
16
Median 3Y
17.1
Median 5Y
13.1
Industry
14.2
More Details
159.2
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
159.2
vs History
7
vs Industry
3
Median 3Y
32.4
Median 5Y
18.3
Industry
17.7
More Details
1.8
EV/IC
EV/IC
Enterprise Value to IC
1.8
vs History
39
vs Industry
31
Median 3Y
1.6
Median 5Y
1.7
Industry
1.3
More Details

Multiples Across Competitors

CMI Competitors Multiples
Cummins Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Cummins Inc
NYSE:CMI
40.3B USD 1.2 10.2 9.4 12.1
US
Caterpillar Inc
NYSE:CAT
146.5B USD 2.3 13.6 10.4 11.9
SE
Volvo AB
STO:VOLV B
536B SEK 1 11.6 6.9 9.4
US
Paccar Inc
NASDAQ:PCAR
48.2B USD 1.4 11.6 8.3 9.7
DE
Daimler Truck Holding AG
XETRA:DTG
27.8B EUR 0.5 9.6 6.7 8.6
US
Westinghouse Air Brake Technologies Corp
NYSE:WAB
31.5B USD 3 28.5 15.3 19.8
JP
Toyota Industries Corp
TSE:6201
4T JPY 1 16.3 9.3 25.7
CN
CRRC Corp Ltd
SSE:601766
201.2B CNY 0.8 16.2 12.5 12.5
JP
Komatsu Ltd
TSE:6301
3.7T JPY 0.9 9.3 5.7 7.1
SE
Epiroc AB
STO:EPI A
248.9B SEK 3.9 28.5 16.7 21.5
KR
Hyundai Heavy Industries Co Ltd
KRX:329180
35.8T KRW 2.5 57.6 34.8 49.9

See Also

Summary
CMI intrinsic value, competitors valuation, and company profile.
DCF Valuation
CMI stock valuation using Discount Cash Flow valuation method.
Relative Valuation
CMI stock valuation using valuation multiples.
Wall Street Estimates
CMI 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
CMI 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
Back to Top
ALPHA SPREAD
Follow us
Join more than 249,300+ value investors using Alpha Spread
Create a free account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.