Cummins Intrinsic Value

CUMMINSIND • Industrial Products
Current Stock Price
₹4646.50
Primary Intrinsic Value
₹1393.95
Market Cap
₹255.6K Cr
-64.1% Downside
Median Value
₹1666.62
Value Range
₹1375 - ₹7238
Assessment
Trading Above Calculated Value
Safety Margin
-100.0%

CUMMINSIND Valuation Methods Summary

Method Type Intrinsic Value Range Upside/Downside Details
P/E Based Valuation earnings ₹1393.95 ₹1115.16 - ₹1672.74 -70.0% EPS: ₹89.80, Sector P/E: 12x
Book Value Method asset ₹1374.73 ₹1237.26 - ₹1512.20 -70.4% Book Value/Share: ₹1374.73, P/B: 1.0x
Revenue Multiple Method revenue ₹1921.75 ₹1729.58 - ₹2113.93 -58.6% Revenue/Share: ₹2402.18, P/S: 0.8x
EBITDA Multiple Method earnings ₹3608.73 ₹3247.86 - ₹3969.60 -22.3% EBITDA: ₹3308.00Cr, EV/EBITDA: 6x
Simple DCF (5Y) dcf ₹4161.44 ₹3329.15 - ₹4993.73 -10.4% CF Growth: 15.0%, Discount: 15%
PEG Ratio Method growth ₹1393.95 ₹1254.56 - ₹1533.35 -70.0% EPS Growth: 8.0%, Fair P/E: 6.4x
Growth Adjusted P/E growth ₹1393.95 ₹1254.56 - ₹1533.35 -70.0% Revenue Growth: 6.0%, Adj P/E: 8.2x
ROE Based Valuation profitability ₹7237.82 ₹6514.04 - ₹7961.60 +55.8% ROE: 32.9%, P/E Multiple: 16x
Graham Defensive Method conservative ₹1666.62 ₹1499.96 - ₹1833.28 -64.1% EPS: ₹89.80, BVPS: ₹1374.73
Method Types: Earnings Asset DCF Growth Dividend Conservative

Valuation Comparison Chart

CUMMINSIND Intrinsic Value Analysis

What is the intrinsic value of CUMMINSIND?

Based on our comprehensive analysis using 9 different valuation methods, the estimated intrinsic value of Cummins (CUMMINSIND) is ₹1666.62 (median value). With the current market price of ₹4646.50, this represents a -64.1% variance from our estimated fair value.

The valuation range spans from ₹1374.73 to ₹7237.82, indicating ₹1374.73 - ₹7237.82.

Is CUMMINSIND undervalued or overvalued?

Based on our multi-method analysis, Cummins (CUMMINSIND) appears to be trading above calculated value by approximately 64.1%.

Financial Health Analysis

Financial Metric Current Value Industry Benchmark Assessment Impact on Valuation
Current Ratio 20.08 Industry Standard: 2.0+ Above 2.0 Measures short-term liquidity capacity
Return on Equity 32.9% Industry Standard: 15%+ Above 15% Measures shareholder return efficiency
Operating Margin 21.0% Industry Standard: 20%+ Above 20% Indicates operational efficiency level
Asset Turnover Ratio 1.30x Industry Standard: 1.0x+ Above 1.0x Measures asset utilization efficiency

Cash Flow Quality Analysis

Period Operating Cash Flow Free Cash Flow Cash Flow Quality Sustainability Score
March 2025 ₹1,685 Cr ₹1,395 Cr Positive Free Cash Flow 8/10
March 2024 ₹1,285 Cr ₹1,161 Cr Positive Free Cash Flow 8/10
March 2023 ₹820 Cr ₹820 Cr Positive Free Cash Flow 8/10
March 2022 ₹712 Cr ₹425 Cr Positive Free Cash Flow 8/10
March 2021 ₹789 Cr ₹789 Cr Positive Free Cash Flow 8/10