Valuation models
price $622.75 · as of Nov 2, 2026
DCF · Perpetuity growth · 5yused285.72 – 406.40337.1485% overvaluedDCF · Perpetuity growth · 10y362.78 – 509.68425.4546% overvaluedDCF · EBITDA exit · 5y575.42 – 631.59602.763% overvaluedDCF · EBITDA exit · 10y605.74 – 716.55658.545% undervaluedP/E · peers722.61 – 762.89747.6917% undervaluedP/E · own history386.94 – 529.71436.5143% overvaluedPEG—605.733% overvaluedEV/EBITDA · peers525.58 – 599.40559.7411% overvaluedEV/Revenue · peers467.13 – 664.36553.2913% overvaluedEarnings power value22.48 – 56.4036.841590% overvaluedDividend discount86.42 – 162.96117.70429% overvaluedWall St. consensus target—898.5031% belowCost of capital (WACC)—9.78%—
DCF · Perpetuity growth · 5y leads for a cyclical company — positive operating income and three years of positive free cash flow. How the headline model is chosen.
Model value · DCF · Perpetuity growth · 5y
337.14
Caterpillar closed at $622.75 — overvalued by 85% vs model.
285.72the model's range406.40
DCF · Perpetuity growth · 5y leads for a cyclical company — positive operating income and three years of positive free cash flow. From a five-year discounted cash flow.
Other models
36.84 – 747.69
Wall St. target
898.50 31% below
Above model, 1y
30 of 30 days
How it is valued
Valued asCyclical
Low/slowing growth (~0% recent)Moderate margins (13% net margin)Highly cyclical earningsHigh leverage (D/E 2.0x)
Model estimates for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; how each model works is in the manual.