Cummins Net Worth
Cummins Net Worth Breakdown | CMI |
Cummins Net Worth Analysis
Cummins' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Cummins' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Cummins' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Cummins' net worth analysis. One common approach is to calculate Cummins' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Cummins' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Cummins' net worth. This approach calculates the present value of Cummins' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Cummins' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Cummins' net worth. This involves comparing Cummins' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Cummins' net worth relative to its peers.
Enterprise Value |
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To determine if Cummins is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Cummins' net worth research are outlined below:
| Cummins is unlikely to experience financial distress in the next 2 years | |
| Cummins has a strong financial position based on the latest SEC filings | |
| Over 87.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from investing.com: Cummins VP Sharon Barner sells 798,402 in stock |
Cummins Quarterly Good Will |
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Cummins uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Cummins. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Cummins' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 6th of February 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 6th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Know Cummins' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Cummins is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cummins backward and forwards among themselves. Cummins' institutional investor refers to the entity that pools money to purchase Cummins' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Public Investment Fund | 2024-06-30 | 1.6 M | Northern Trust Corp | 2024-09-30 | 1.6 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.6 M | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 1.5 M | Stifel Financial Corp | 2024-06-30 | 1.5 M | Hotchkis & Wiley Capital Management Llc | 2024-09-30 | 1.4 M | Norges Bank | 2024-06-30 | 1.3 M | Royal Bank Of Canada | 2024-06-30 | 1.3 M | Lsv Asset Management | 2024-09-30 | 1.2 M | Vanguard Group Inc | 2024-09-30 | 16.7 M | Blackrock Inc | 2024-06-30 | 12 M |
Follow Cummins' market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 51.12 B.Market Cap |
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Project Cummins' profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.03 | 0.04 | |
| Return On Capital Employed | 0.09 | 0.10 | |
| Return On Assets | 0.02 | 0.04 | |
| Return On Equity | 0.08 | 0.10 |
When accessing Cummins' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Cummins' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Cummins' profitability and make more informed investment decisions.
Evaluate Cummins' management efficiency
Cummins has Return on Asset of 0.0689 % which means that on every $100 spent on assets, it made $0.0689 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1938 %, implying that it generated $0.1938 on every 100 dollars invested. Cummins' management efficiency ratios could be used to measure how well Cummins manages its routine affairs as well as how well it operates its assets and liabilities. The Cummins' current Return On Tangible Assets is estimated to increase to 0.04. The Cummins' current Return On Capital Employed is estimated to increase to 0.1. As of now, Cummins' Other Current Assets are increasing as compared to previous years. The Cummins' current Total Current Assets is estimated to increase to about 16 B, while Debt To Assets are projected to decrease to 0.18.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 69.89 | 73.39 | |
| Tangible Book Value Per Share | 34.48 | 36.21 | |
| Enterprise Value Over EBITDA | 12.88 | 13.53 | |
| Price Book Value Ratio | 3.84 | 4.03 | |
| Enterprise Value Multiple | 12.88 | 13.53 | |
| Price Fair Value | 3.84 | 4.03 | |
| Enterprise Value | 29.8 B | 31.3 B |
Cummins has shown resilience through effective management strategies. Our analysis examines how these strategies influence financial outcomes and investor returns which helps in understanding the stock's long-term potential.
Enterprise Value Revenue 1.6661 | Revenue 34.2 B | Quarterly Revenue Growth 0.003 | Revenue Per Share 245.499 | Return On Equity 0.1938 |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Cummins insiders, such as employees or executives, is commonly permitted as long as it does not rely on Cummins' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Cummins insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Satterthwaite Tony over three months ago Disposition of 24250 shares by Satterthwaite Tony of Cummins at 109.09 subject to Rule 16b-3 | ||
Lisa Yoder over a year ago Acquisition by Lisa Yoder of 1407 shares of Cummins subject to Rule 16b-3 |
Cummins Corporate Filings
F4 | 22nd of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 5th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 15th of October 2024 Other Reports | ViewVerify | |
| 13th of September 2024 Other Reports | ViewVerify |
Cummins Earnings per Share Projection vs Actual
Cummins Corporate Directors
| Robert Bernhard | Independent Director | Profile | |
| Alexis Herman | Lead Independent Director | Profile | |
| Mark Smith | Executive Director - Investor Relations | Profile | |
| William Miller | Independent Director | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cummins. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For more detail on how to invest in Cummins Stock please use our How to Invest in Cummins guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Construction Machinery & Heavy Transportation Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cummins. If investors know Cummins will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cummins listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.277 | Dividend Share 6.86 | Earnings Share 15.28 | Revenue Per Share 245.499 | Quarterly Revenue Growth 0.003 |
The market value of Cummins is measured differently than its book value, which is the value of Cummins that is recorded on the company's balance sheet. Investors also form their own opinion of Cummins' value that differs from its market value or its book value, called intrinsic value, which is Cummins' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cummins' market value can be influenced by many factors that don't directly affect Cummins' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cummins' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cummins is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cummins' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.