Cummins Inc (CMI) – Ahead of widespread market adoption

in , , on April 28, 2023

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Cummins Inc (CMI) (Q4FY22)


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.


– 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


Stock Price Performance

Crispidea Coverage

No of Pages: 37

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Release Information

  • Price


  • Released

    April 28, 2023

  • Last Updated

    April 28, 2023