CumminsMEX:CMI 68 EV-to-FCF is 35.47 as of Jul. 10, 2026, which is 82% above its 10-year median of 19.51. GuruFocus rates MEX:CMI with a GF Score™ of 68/100 and a GF Value™ of MXN5,811.02 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,728 Industrial Products companies, Cummins ranks worse than 62.56% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Cummins's Enterprise Value is MXN1,734,366 Mil.
Cummins's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was MXN48,894 Mil. Therefore, Cummins's EV-to-FCF for today is 35.47.
The historical rank and industry rank for Cummins's EV-to-FCF or its related term are showing as below:
MEX:CMI'
s EV-to-FCF Range Over the Past 10 Years
Min: 8.35 Med: 19.51 Max: 7597.51
Current: 37.06
During the past 13 years, the highest EV-to-FCF of Cummins was 7597.51. The lowest was 8.35. And the median was 19.51.
MEX:CMI's EV-to-FCF is ranked worse than 62.56% of 1728
companies
in the Industrial Products industry
Industry Median: 25.7
vs MEX:CMI: 37.06
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
As of today (2026-07-10), Cummins's stock price is MXN11959.30.
Cummins's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN354.489. Therefore, Cummins's PE Ratio (TTM) for today is 33.74.
Cummins (MEX:CMI) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Cummins's share price for today is MXN11959.30.
Cummins's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN354.489.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Cummins EV-to-FCF Related Terms
Cummins EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Cummins's EV-to-FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Specialty Industrial Machinery subindustry, Cummins's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Cummins EV-to-FCF vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Cummins's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Cummins's EV-to-FCF falls into.
Cummins's current Enterprise Value is MXN1,734,366 Mil.
Cummins's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN48,894 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Cummins (MEX:CMI) has a EV-to-FCF of 35.47 as of Jul. 10, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Cummins and its competitors. This is 82% above median its historical median of 19.51. Over the past decade, Cummins' EV-to-FCF has ranged from 8.35 to 7,597.51. According to the industry distribution chart, Cummins ranks #1081 out of 1728 companies in the Industrial Products industry, placing it in the top 62.6%.
Is Cummins' EV-to-FCF too high?
Cummins' current EV-to-FCF of 35.47 is 82% above median its 10-year median of 19.51. Over the past 10 years, this metric has ranged from a low of 8.35 to a high of 7,597.51. The Industrial Products industry median EV-to-FCF is 25.70. Cummins' value of 35.47 is 38% above this industry median. Based on the distribution chart, Cummins ranks #1081 out of 1728 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Cummins has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cummins' EV-to-FCF compare to EMR and ITW?
According to the Industrial Products industry distribution chart, Cummins ranks #1081 out of 1728 companies for EV-to-FCF. This places Cummins in the lower half of its industry. The industry median EV-to-FCF is 25.70. Cummins' value of 35.47 is 38% above this benchmark. Historically, Cummins' own EV-to-FCF has ranged from 8.35 to 7,597.51 over the past decade. While the company's 10-year median is 19.51 vs. the industry median of 25.70, Cummins has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for an Industrial Products company?
The median EV-to-FCF among Industrial Products companies is 25.70, based on 1,728 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cummins's current EV-to-FCF of 35.47 is 38% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Cummins and its competitors. For the Industrial Products industry, the median EV-to-FCF is 25.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cummins's current EV-to-FCF is 35.47, which is 82% above median its own 10-year median of 19.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cummins stock overvalued right now?
Based on GuruFocus' analysis, Cummins (MEX:CMI) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN5,811.02, compared to a current price of MXN11,959.30 — trading 105.8% above its estimated fair value. The current EV-to-FCF is 35.47, which is 82% above median its 10-year median of 19.51 and 38% above the Industrial Products industry median of 25.70. Cummins' overall GF Score™ is 68/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Cummins (MEX:CMI), the current EV-to-FCF is 35.47 as of Jul. 10, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Cummins (MEX:CMI) Overvalued in 2026?
Based on GuruFocus' analysis, Cummins stock appears to be overvalued.
The current stock price of MXN11,959.30 is trading 105.8% above its estimated GF Value™ of MXN5,811.02.
GuruFocus considers Cummins to be Significantly Overvalued.
Key valuation signals for MEX:CMI:
EV-to-FCF: 35.47 (82% above median its 10-year median of 19.51)
GF Value™: MXN5,811.02 vs. price of MXN11,959.30 (105.8% above fair value)
Industry Position: 38% above the Industrial Products median (#1081 of 1728)
No single metric tells the full story. See the MEX:CMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cummins is a leading manufacturer of diesel and other engines used in heavy- and medium-duty commercial trucks, off-highway equipment, and locomotives, in addition to prime power and standby generators. The company also sells powertrain components, which include filtration products, transmissions, turbochargers, aftertreatment systems, and fuel systems. Sales are approximately 60% US and Canada and 40% rest of the world. Much of Cummins' foreign sales (China, India, and so forth) are through joint ventures. The company operates 650 distributors and over 19,000 dealer locations across 190 countries. Cummins' business model is unique as it competes with many of its heavy-duty truck manufacturer customers, which also make their own engines.
68GF Score
Get the complete analysis for MEX:CMI
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:CMI has been successfully added to your 
