Valuation models
price $500.09 · as of Nov 2, 2026
DCF · Perpetuity growth · 5yused395.80 – 557.03463.208% overvaluedDCF · Perpetuity growth · 10y466.72 – 654.70545.388% undervaluedDCF · EBITDA exit · 5y903.91 – 987.20944.4447% undervaluedDCF · EBITDA exit · 10y888.45 – 1,046.03963.4648% undervaluedP/E · peers673.20 – 899.71822.5539% undervaluedP/E · own history361.21 – 784.30407.4623% overvaluedPEG—735.8532% undervaluedEV/EBITDA · peers788.88 – 2,139.501,143.8756% undervaluedEV/Revenue · peers878.95 – 1,355.301,159.7357% undervaluedEarnings power value120.07 – 180.28145.22244% overvaluedDividend discount129.15 – 253.70180.74177% overvaluedWall St. consensus target—720.5031% belowCost of capital (WACC)—9.10%—
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
463.20
Cummins closed at $500.09 — overvalued by 8% vs model.
395.80the model's range557.03
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
145.22 – 1,159.73
Wall St. target
720.50 31% below
Above model, 1y
22 of 30 days
How it is valued
Valued asCyclical
Revenue declining (~-1% recent)Moderate margins (8% net margin)Pays dividendsHighly cyclical earnings
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.