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Cummins Inc. CMI NYSE

NYSE • Industrials • Industrial - Machinery • US • USD

SharesGrow Score
67/100
3/7 Pass
SharesGrow Intrinsic Value
$1,068.58
+73.6%
Analyst Price Target
$618.40
+0.5%
SharesGrow 7-Criteria Score All 7 criteria scored · valuation-related highlighted on this page

Cummins Inc. (CMI) trades at a trailing P/E of 29.3, forward P/E of 23.5. Trailing earnings yield is 3.41%, forward earnings yield 4.26%. PEG 0.84 (Peter Lynch undervalued ≤1.0). Graham Number is $211.91.

Criteria proven by this page:

  • VALUE (51/100, Partial) — mixed signals — some valuation metrics are favorable while others are stretched.
  • Forward P/E 23.5 (down from trailing 29.3) — analysts expect earnings to grow, which would improve the valuation.
  • PEG Ratio 0.84 — below 1.0 suggests the stock is undervalued relative to its earnings growth rate (Peter Lynch criterion).
  • Trailing Earnings Yield 3.41% — roughly competitive with bond yields (~4.3%), moderate risk-reward. Forward yield improves to 4.26% as earnings recover.
  • Analyst consensus target $618.40 (+0.5% upside) — modest upside expected.

Overall SharesGrow Score: 67/100 with 3/7 criteria passed.

SharesGrow 7-Criteria Score
67/100
SG Score
View full scorecard →
~
VALUE
51/100
Price-to-Earnings & upside
Proven by this page
~
FUTURE
46/100
Analyst consensus
→ Forecast
PAST
100/100
→ Income
HEALTH
83/100
Debt-to-Equity & liquidity
→ Health
~
MOAT
59/100
→ Income
GROWTH
83/100
→ Income
~
INCOME
45/100
→ Income

Valuation Snapshot — CMI

Valuation Multiples
P/E (TTM)29.3
Forward P/E23.5
PEG Ratio0.84
Forward PEG0.84
P/B Ratio6.75
P/S Ratio2.47
EV/EBITDA16.4
Per Share Data
EPS (TTM)$20.57
Forward EPS (Est.)$26.23
Book Value / Share$97.02
Revenue / Share$243.63
FCF / Share$17.26
Yields & Fair Value
Earnings Yield3.41%
Forward Earnings Yield4.26%
Dividend Yield1.30%
Graham Number$211.91
SharesGrow IV$1,068.58 (+73.6%)
Analyst Target$618.40 (+0.5%)

Historical Valuation

Year P/E (TTM) PEG Ratio P/B Ratio P/S Ratio Dividend Yield
2016 16.6 3.34 3.36 1.32 2.93%
2017 29.5 -1.08 4.05 1.44 2.38%
2018 10.1 0.08 2.95 0.91 3.31%
2019 12.3 1.21 3.70 1.18 2.74%
2020 18.8 -1.11 4.17 1.70 2.32%
2021 14.8 0.67 3.72 1.31 2.56%
2022 15.9 5.11 3.82 1.22 2.49%
2023 46.2 -0.70 3.84 1.00 2.71%
2024 12.2 0.03 4.69 1.41 2.01%
2025 24.8 -0.89 5.70 2.09 1.50%

EPS: Actual vs Estimates

P/E Ratio & Earnings Yield

Earnings Per Share (EPS) History

Year EPS (Diluted) Revenue Net Income Net Margin
2016 $8.23 $17.51B $1.39B 8%
2017 $5.97 $20.43B $999M 4.9%
2018 $13.15 $23.77B $2.14B 9%
2019 $14.48 $23.57B $2.26B 9.6%
2020 $12.01 $19.81B $1.79B 9%
2021 $14.61 $24.02B $2.13B 8.9%
2022 $15.12 $28.07B $2.15B 7.7%
2023 $5.15 $34.07B $735M 2.2%
2024 $28.37 $34.1B $3.95B 11.6%
2025 $20.50 $33.67B $2.84B 8.4%

Analyst Estimates

Year EPS (Avg) EPS Range Revenue (Avg) Revenue Range Analysts
2026 $26.22 $25.70 – $26.85 $35.68B $35.24B – $35.9B 10
2027 $31.16 $30.03 – $32.95 $38.71B $38.3B – $39.22B 11
2028 $35.32 $29.39 – $40.80 $41.71B $41.62B – $41.8B 6
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