CMICummins

$578.20

Is the price fair?

What CMI's price assumes

Cummins trades at 29.6× earnings against 33.5× for the median Specialty Industrial Machinery name, cheaper than its own group.

29.6

Trailing P/E · Specialty Industrial Machinery median 33.5 · cheaper than the typical name in its group

Price / sales
2.20

Price / sales · as of 2026-Q1

Free cash flow yield
3.4%

Free cash flow yield · Specialty Industrial Machinery median 3.7%

Growth the price implies
+11%

Growth the price implies · The price pays for +11% free cash flow growth a year for a decade; the business has delivered +45% a year over the last three.

Details
Price / book2026-Q1
6.03
Industrials median P/E346 names
29.9
Specialty Industrial Machinery median P/E47 names
33.5
Free cash flow, trailing twelve months
$3.37B
Market capitalisation
$98.9B
3-year revenue growth
+2.5%
3-year free cash flow growth
+45%
What the market has paid for these earnings: 38 quarters of its own multiple × $19.57 of trailing earnings per share
MethodPer share
Its own P/E history, lower quartile$260.10
Its own P/E history, median$298.13
Its own P/E history, upper quartile$367.25
52-week range$378.55 – $724.93
Today$578.20

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