Cummins Inc (CMI) – Ahead of widespread market adoption

This report is useful for M&A, business & investment analysis to all students, researchers, investors, private equity houses, broking firms, hedge funds, advisory firms and corporates to decide upon their investment strategies. Do connect with us, if you are looking for equity valuation, recommendation, analysis and market recommendation for any specific company, sector and industry.

Cummins Inc (CMI) (Q4FY22)

Highlights

Revenue increased by 17% Y/Y to $28.1bn in FY22, CMI beat our estimate by $762.1mn. Net income was $2.15bn and earnings per share was $15.12, which was lower than our estimate.

We see that the company is making major advancements on the decarbonization front ahead of the widespread market adoption and we expect this to provide an upper hand among peers going forward. We are giving a positive hold due to the lower projections for North America truck market.

Valuation

– Enterprise Value
– CrispIdea Forecast
– CrispIdea Segment Forecast
– Economic Value Added Analysis
– P/E Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– Key Metrics
– M&A Deals

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance

Ownership

Stock Price Performance

Crispidea Coverage

No of Pages: 37

To download the previous quarter’s equity report click here

Follow our LinkedIn page for more updates