Fair value (multi-method)
Four independent methods triangulate what CMI is worth. The headline is the Forward-DCF intrinsic value at a normalized growth rate; the margin of safety compares it to the current price.
Estimated fair value (Forward DCF)
$446.83
Method range
$97.48 – $757.91
median $432.75
Valuation methods
Each method’s implied fair value per share and its upside versus the current price. Missing methods (no analyst coverage, negative earnings, etc.) are shown as “—”.
| Method | Fair value | Upside vs price |
|---|---|---|
| Forward DCF | $446.83 | -32.38% |
| Exit multiple | $418.67 | -36.64% |
| Analyst target | $757.91 | +14.70% |
| Graham number | $97.48 | -85.25% |
- Forward DCF$446.83
- Exit multiple$418.67
- Analyst target$757.91
- Graham number$97.48
Stock price
$660.75
FCF / share (TTM)
$0.87
3Y FCF CAGR
14.3%
Fair value @ hist. growth
$25.05
This analysis is for informational purposes only and is not financial advice. Scenario prices and DCF-style figures depend on your assumptions and data from public filings and estimates. They are not forecasts of future returns.
Implied FCF growth
63.6%
per year over your projection horizon
Margin of safety -2,537.6% vs hist-growth DCF
Historical 3Y CAGR
14.3%
Your model implies
63.6%
Analyst consensus is EPS-only — no comparable FCF / share estimate to show on this basis.
Model inputs
Move sliders to test how the reverse DCF reacts. Historical-growth markers show where the company has actually grown over the last cycle.
Undiscounted FCF per share over 10 years at 14% annual growth.
Sensitivity — implied growth vs your assumptions
Each cell shows the per-share growth rate the market would need to justify the current price at that combination of discount rate (rows) and terminal growth (columns). Your selected inputs are highlighted.
| Row axis: discount rate. Column axis: terminal growth.Terminal g →↓ Discount | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% |
|---|---|---|---|---|---|
| 8.8% | 59.1% | 58.0% | 56.9% | 55.7% | 54.4% |
| 9.8% | 62.3% | 61.4% | 60.4% | 59.4% | 58.2% |
| 10.8% | 65.3% | 64.5% | 63.6% | 62.7% | 61.7% |
| 11.8% | 68.2% | 67.4% | 66.7% | 65.8% | 65.0% |
| 12.8% | 71.0% | 70.3% | 69.6% | 68.8% | 68.0% |
Historical multiples
Each bar is the trailing five-year range (low left, high right). Filled portion runs from low to today; the dot marks today; the small tick marks the five-year median. Low, median, and high are listed under each bar.
PEG
2.77
Demanding vs growth
Net debt
$5.27B
Total debt − cash
Beta
1.22
Vs market benchmark
Frequently asked questions
Cummins (CMI) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
- Buybacks0.33% TTM
- Dividend Profile1.21% yield
- Dividend Calculator
- Dividend Forecast
- Dividend Capture
- Stock Split History3 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.