CMICummins

Industrials

$518.43+24% 1Y

$518.43

$403.6052 weeks$727.32

Is the price fair?

Fair

Neither cheap nor expensive: nothing decisive, though at the top of its own P/E range.

1 to watch, 2 neutral

What the price assumes~+6% a year

Priced for ~6% a year FCF growth. Roughly in line with its three-year revenue growth of 3% a year.

Vs its own P/E rangedearer than 93% of its own historyderived

Expensive vs its own history: P/E 26.5 vs a 14.4 median over 41 quarters (+83% vs median).

Vs sector (EV/EBIT)19.2×

Sector median 21.2× across 246 covered peers. EV/EBIT counts debt as part of the price, so a cash-rich and a borrowed company can be compared on the same footing.

Unless marked, from derived, as of Jun 30, 2026.

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

P/E (valuation)middle of the market

FCF yieldmiddle of the market

Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.

What CMI's price assumes

Cummins trades at 26.5× earnings against 28.3× for the median Specialty Industrial Machinery name, cheaper than its own group.

26.5

Trailing P/E · Specialty Industrial Machinery median 28.3 · cheaper than the typical name in its group

Price / sales: 2.06
Price / sales · today's price, trailing year to Jun 30, 2026
Free cash flow yield: 4.7%
Free cash flow yield · Specialty Industrial Machinery median 4.1%
Growth the price implies: +6.4%
Growth the price implies · The price pays for +6.4% free cash flow growth a year for a decade; the business has delivered +45% a year over the last three.

Details›

Price / booktoday's price, trailing year to Jun 30, 2026: 5.56
EV / EBITtoday's price, trailing year to Jun 30, 2026: 19.2
EV / salestoday's price, trailing year to Jun 30, 2026: 2.15
Industrials median P/E434 names: 26.2
Specialty Industrial Machinery median P/E55 names: 28.3
Free cash flow, trailing twelve months: $3.37B
Market capitalisation137.7 million shares, counted Jun 30, 2026: $71.4B
3-year revenue growth: +2.5%
3-year free cash flow growth: +45%

What the market has paid for these earnings: 41 quarters of its own multiple × $19.57 of trailing earnings per share
Method	Per share
Its own P/E history, lower quartile	$245.19
Its own P/E history, median	$282.62
Its own P/E history, upper quartile	$352.79
52-week range	$403.60 – $727.32
Today	$518.43

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.