CUMMINS INC (1CMI.MI) Fundamental Analysis & Valuation

BIT:1CMIUS2310211063

Current stock price

405.8 EUR
+405.8 (+Infinity%)
Last:

This 1CMI.MI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

8

1. 1CMI.MI Profitability Analysis

1.1 Basic Checks

  • In the past year 1CMI was profitable.
  • 1CMI had a positive operating cash flow in the past year.
  • 1CMI had positive earnings in each of the past 5 years.
  • In the past 5 years 1CMI always reported a positive cash flow from operatings.
1CMI.MI Yearly Net Income VS EBIT VS OCF VS FCF1CMI.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

1.2 Ratios

  • The Return On Assets of 1CMI (7.93%) is better than 83.49% of its industry peers.
  • 1CMI's Return On Equity of 22.12% is amongst the best of the industry. 1CMI outperforms 88.07% of its industry peers.
  • 1CMI has a better Return On Invested Capital (10.92%) than 82.57% of its industry peers.
  • 1CMI had an Average Return On Invested Capital over the past 3 years of 10.13%. This is in line with the industry average of 8.58%.
  • The 3 year average ROIC (10.13%) for 1CMI is below the current ROIC(10.92%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 7.93%
ROE 22.12%
ROIC 10.92%
ROA(3y)7.3%
ROA(5y)7.76%
ROE(3y)23.56%
ROE(5y)23.61%
ROIC(3y)10.13%
ROIC(5y)9.3%
1CMI.MI Yearly ROA, ROE, ROIC1CMI.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30

1.3 Margins

  • With a decent Profit Margin value of 7.94%, 1CMI is doing good in the industry, outperforming 79.82% of the companies in the same industry.
  • In the last couple of years the Profit Margin of 1CMI has grown nicely.
  • 1CMI's Operating Margin of 12.01% is amongst the best of the industry. 1CMI outperforms 80.73% of its industry peers.
  • In the last couple of years the Operating Margin of 1CMI has remained more or less at the same level.
  • 1CMI has a Gross Margin of 25.94%. This is in the lower half of the industry: 1CMI underperforms 76.15% of its industry peers.
  • In the last couple of years the Gross Margin of 1CMI has remained more or less at the same level.
Industry RankSector Rank
OM 12.01%
PM (TTM) 7.94%
GM 25.94%
OM growth 3Y5.37%
OM growth 5Y0.23%
PM growth 3Y9.26%
PM growth 5Y3.83%
GM growth 3Y1.89%
GM growth 5Y-0.23%
1CMI.MI Yearly Profit, Operating, Gross Margins1CMI.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20 25

6

2. 1CMI.MI Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so 1CMI is still creating some value.
  • 1CMI has less shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, 1CMI has less shares outstanding
  • The debt/assets ratio for 1CMI is higher compared to a year ago.
1CMI.MI Yearly Shares Outstanding1CMI.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M
1CMI.MI Yearly Total Debt VS Total Assets1CMI.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B

2.2 Solvency

  • An Altman-Z score of 4.39 indicates that 1CMI is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 4.39, 1CMI belongs to the top of the industry, outperforming 85.32% of the companies in the same industry.
  • The Debt to FCF ratio of 1CMI is 3.34, which is a good value as it means it would take 1CMI, 3.34 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of 1CMI (3.34) is better than 68.81% of its industry peers.
  • 1CMI has a Debt/Equity ratio of 0.62. This is a neutral value indicating 1CMI is somewhat dependend on debt financing.
  • 1CMI has a worse Debt to Equity ratio (0.62) than 65.14% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.62
Debt/FCF 3.34
Altman-Z 4.39
ROIC/WACC1.18
WACC9.24%
1CMI.MI Yearly LT Debt VS Equity VS FCF1CMI.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B

2.3 Liquidity

  • A Current Ratio of 1.77 indicates that 1CMI should not have too much problems paying its short term obligations.
  • With a decent Current ratio value of 1.77, 1CMI is doing good in the industry, outperforming 64.22% of the companies in the same industry.
  • A Quick Ratio of 1.11 indicates that 1CMI should not have too much problems paying its short term obligations.
  • The Quick ratio of 1CMI (1.11) is better than 62.39% of its industry peers.
Industry RankSector Rank
Current Ratio 1.77
Quick Ratio 1.11
1CMI.MI Yearly Current Assets VS Current Liabilites1CMI.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

4

3. 1CMI.MI Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an nice 14.51% over the past year.
  • 1CMI shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.79% yearly.
  • The Revenue has decreased by -1.80% in the past year.
  • 1CMI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.67% yearly.
EPS 1Y (TTM)14.51%
EPS 3Y13.63%
EPS 5Y7.79%
EPS Q2Q%-4.61%
Revenue 1Y (TTM)-1.8%
Revenue growth 3Y12.39%
Revenue growth 5Y7.67%
Sales Q2Q%-1.64%

3.2 Future

  • 1CMI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.18% yearly.
  • The Revenue is expected to grow by 6.35% on average over the next years.
EPS Next Y4.49%
EPS Next 2Y8.38%
EPS Next 3Y11.56%
EPS Next 5Y13.18%
Revenue Next Year-2.35%
Revenue Next 2Y0.85%
Revenue Next 3Y3.41%
Revenue Next 5Y6.35%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
1CMI.MI Yearly Revenue VS Estimates1CMI.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2031 2032 10B 20B 30B 40B 50B
1CMI.MI Yearly EPS VS Estimates1CMI.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 10 20 30

3

4. 1CMI.MI Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 20.44, which indicates a rather expensive current valuation of 1CMI.
  • Compared to the rest of the industry, the Price/Earnings ratio of 1CMI indicates a somewhat cheap valuation: 1CMI is cheaper than 60.55% of the companies listed in the same industry.
  • 1CMI is valuated rather cheaply when we compare the Price/Earnings ratio to 26.21, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 18.84, the valuation of 1CMI can be described as rather expensive.
  • 1CMI's Price/Forward Earnings is on the same level as the industry average.
  • When comparing the Price/Forward Earnings ratio of 1CMI to the average of the S&P500 Index (23.13), we can say 1CMI is valued inline with the index average.
Industry RankSector Rank
PE 20.44
Fwd PE 18.84
1CMI.MI Price Earnings VS Forward Price Earnings1CMI.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as 1CMI.
  • 63.30% of the companies in the same industry are cheaper than 1CMI, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 28.59
EV/EBITDA 13.32
1CMI.MI Per share data1CMI.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 50 100 150 200

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • 1CMI has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)4.56
PEG (5Y)2.62
EPS Next 2Y8.38%
EPS Next 3Y11.56%

6

5. 1CMI.MI Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 1.71%, 1CMI has a reasonable but not impressive dividend return.
  • Compared to an average industry Dividend Yield of 1.64, 1CMI has a dividend in line with its industry peers.
  • 1CMI's Dividend Yield is comparable with the S&P500 average which is at 1.89.
Industry RankSector Rank
Dividend Yield 1.71%

5.2 History

  • On average, the dividend of 1CMI grows each year by 7.08%, which is quite nice.
Dividend Growth(5Y)7.08%
Div Incr YearsN/A
Div Non Decr YearsN/A

5.3 Sustainability

  • 1CMI pays out 38.53% of its income as dividend. This is a sustainable payout ratio.
  • The dividend of 1CMI is growing, but earnings are growing more, so the dividend growth is sustainable.
DP38.53%
EPS Next 2Y8.38%
EPS Next 3Y11.56%
1CMI.MI Yearly Income VS Free CF VS Dividend1CMI.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B
1CMI.MI Dividend Payout.1CMI.MI Dividend Payout, showing the Payout Ratio.1CMI.MI Dividend Payout.PayoutRetained Earnings

1CMI.MI Fundamentals: All Metrics, Ratios and Statistics

CUMMINS INC

BIT:1CMI (11/6/2025, 7:00:00 PM)

405.8

+405.8 (+Infinity%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)11-06
Earnings (Next)02-02
Inst Owners87.11%
Inst Owner ChangeN/A
Ins Owners0.31%
Ins Owner ChangeN/A
Market Cap55.92B
Revenue(TTM)33.58B
Net Income(TTM)2.67B
Analysts72.59
Price Target380.86 (-6.15%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.71%
Yearly Dividend5.96
Dividend Growth(5Y)7.08%
DP38.53%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)19.52%
Min EPS beat(2)15.01%
Max EPS beat(2)24.03%
EPS beat(4)4
Avg EPS beat(4)17.02%
Min EPS beat(4)8.66%
Max EPS beat(4)24.03%
EPS beat(8)6
Avg EPS beat(8)10.42%
EPS beat(12)7
Avg EPS beat(12)7.35%
EPS beat(16)9
Avg EPS beat(16)3.53%
Revenue beat(2)2
Avg Revenue beat(2)2.37%
Min Revenue beat(2)1.44%
Max Revenue beat(2)3.3%
Revenue beat(4)3
Avg Revenue beat(4)1.79%
Min Revenue beat(4)-1.21%
Max Revenue beat(4)3.63%
Revenue beat(8)6
Avg Revenue beat(8)1.86%
Revenue beat(12)10
Avg Revenue beat(12)2.42%
Revenue beat(16)13
Avg Revenue beat(16)2.57%
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 20.44
Fwd PE 18.84
P/S 1.94
P/FCF 28.59
P/OCF 18.56
P/B 5.4
P/tB 8.69
EV/EBITDA 13.32
EPS(TTM)19.85
EY4.89%
EPS(NY)21.54
Fwd EY5.31%
FCF(TTM)14.19
FCFY3.5%
OCF(TTM)21.86
OCFY5.39%
SpS209.23
BVpS75.17
TBVpS46.71
PEG (NY)4.56
PEG (5Y)2.62
Graham Number183.22
Profitability
Industry RankSector Rank
ROA 7.93%
ROE 22.12%
ROCE 16.67%
ROIC 10.92%
ROICexc 12.51%
ROICexgc 15.85%
OM 12.01%
PM (TTM) 7.94%
GM 25.94%
FCFM 6.78%
ROA(3y)7.3%
ROA(5y)7.76%
ROE(3y)23.56%
ROE(5y)23.61%
ROIC(3y)10.13%
ROIC(5y)9.3%
ROICexc(3y)11.48%
ROICexc(5y)10.95%
ROICexgc(3y)15.52%
ROICexgc(5y)14.18%
ROCE(3y)16.61%
ROCE(5y)14.89%
ROICexgc growth 3Y9.39%
ROICexgc growth 5Y0.52%
ROICexc growth 3Y5.66%
ROICexc growth 5Y-1.01%
OM growth 3Y5.37%
OM growth 5Y0.23%
PM growth 3Y9.26%
PM growth 5Y3.83%
GM growth 3Y1.89%
GM growth 5Y-0.23%
F-Score6
Asset Turnover1
Health
Industry RankSector Rank
Debt/Equity 0.62
Debt/FCF 3.34
Debt/EBITDA 1.46
Cap/Depr 112.32%
Cap/Sales 3.67%
Interest Coverage 250
Cash Conversion 68.43%
Profit Quality 85.38%
Current Ratio 1.77
Quick Ratio 1.11
Altman-Z 4.39
F-Score6
WACC9.24%
ROIC/WACC1.18
Cap/Depr(3y)116.24%
Cap/Depr(5y)110.58%
Cap/Sales(3y)3.46%
Cap/Sales(5y)3.31%
Profit Quality(3y)143.42%
Profit Quality(5y)123.85%
High Growth Momentum
Growth
EPS 1Y (TTM)14.51%
EPS 3Y13.63%
EPS 5Y7.79%
EPS Q2Q%-4.61%
EPS Next Y4.49%
EPS Next 2Y8.38%
EPS Next 3Y11.56%
EPS Next 5Y13.18%
Revenue 1Y (TTM)-1.8%
Revenue growth 3Y12.39%
Revenue growth 5Y7.67%
Sales Q2Q%-1.64%
Revenue Next Year-2.35%
Revenue Next 2Y0.85%
Revenue Next 3Y3.41%
Revenue Next 5Y6.35%
EBIT growth 1Y17.83%
EBIT growth 3Y18.42%
EBIT growth 5Y7.91%
EBIT Next Year43.48%
EBIT Next 3Y20.19%
EBIT Next 5Y16.76%
FCF growth 1Y3.03%
FCF growth 3Y-42.53%
FCF growth 5Y-35.01%
OCF growth 1Y5.57%
OCF growth 3Y-12.97%
OCF growth 5Y-14.11%

CUMMINS INC / 1CMI.MI Fundamental Analysis FAQ

What is the ChartMill fundamental rating of CUMMINS INC (1CMI.MI) stock?

ChartMill assigns a fundamental rating of 6 / 10 to 1CMI.MI.


What is the valuation status for 1CMI stock?

ChartMill assigns a valuation rating of 3 / 10 to CUMMINS INC (1CMI.MI). This can be considered as Overvalued.


How profitable is CUMMINS INC (1CMI.MI) stock?

CUMMINS INC (1CMI.MI) has a profitability rating of 8 / 10.


What is the financial health of CUMMINS INC (1CMI.MI) stock?

The financial health rating of CUMMINS INC (1CMI.MI) is 5 / 10.


Can you provide the dividend sustainability for 1CMI stock?

The dividend rating of CUMMINS INC (1CMI.MI) is 5 / 10 and the dividend payout ratio is 38.53%.