Cummins Financials
| CUM Stock | EUR 359.80 7.80 2.22% |
Cummins |
Understanding current and past Cummins Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Cummins' financial statements are interrelated, with each one affecting the others. For example, an increase in Cummins' assets may result in an increase in income on the income statement.
Cummins Stock Summary
Cummins competes with NetSol Technologies, Digilife Technologies, FARO Technologies, Universal Display, and Computer. Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, and powertrain-related component products worldwide. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana. CUMMINS INC operates under Diversified Industrials classification in Germany and is traded on Frankfurt Stock Exchange. It employs 62600 people.| Foreign Associate | Germany |
| Instrument | Germany Stock View All |
| Exchange | Frankfurt Exchange |
| ISIN | US2310211063 |
| Business Address | 500 Jackson Street, |
| Sector | Industrials |
| Industry | Diversified Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.cummins.com |
| Phone | 812 377 5000 |
| Currency | EUR - Euro |
You should never invest in Cummins without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Cummins Stock, because this is throwing your money away. Analyzing the key information contained in Cummins' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Cummins Key Financial Ratios
There are many critical financial ratios that Cummins' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Cummins reports annually and quarterly.| Return On Equity | 0.22 | |||
| Return On Asset | 0.0696 | |||
| Target Price | 284.81 | |||
| Beta | 1.03 | |||
| Z Score | 4.2 |
Cummins Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Cummins's current stock value. Our valuation model uses many indicators to compare Cummins value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cummins competition to find correlations between indicators driving Cummins's intrinsic value. More Info.Cummins is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.31 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Cummins is roughly 3.20 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Cummins' earnings, one of the primary drivers of an investment's value.Cummins Systematic Risk
Cummins' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cummins volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Cummins correlated with the market. If Beta is less than 0 Cummins generally moves in the opposite direction as compared to the market. If Cummins Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cummins is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cummins is generally in the same direction as the market. If Beta > 1 Cummins moves generally in the same direction as, but more than the movement of the benchmark.
Cummins December 4, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Cummins help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cummins. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cummins based on widely used predictive technical indicators. In general, we focus on analyzing Cummins Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cummins's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.928 | |||
| Information Ratio | 0.2556 | |||
| Maximum Drawdown | 7.4 | |||
| Value At Risk | (1.16) | |||
| Potential Upside | 2.98 |
Complementary Tools for Cummins Stock analysis
When running Cummins' price analysis, check to measure Cummins' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cummins is operating at the current time. Most of Cummins' value examination focuses on studying past and present price action to predict the probability of Cummins' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cummins' price. Additionally, you may evaluate how the addition of Cummins to your portfolios can decrease your overall portfolio volatility.
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