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Cummins India (BOM:500480) EV-to-EBITDA : 40.65 (As of Jun. 09, 2024)


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What is Cummins India EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Cummins India's enterprise value is ₹971,976 Mil. Cummins India's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was ₹23,912 Mil. Therefore, Cummins India's EV-to-EBITDA for today is 40.65.

The historical rank and industry rank for Cummins India's EV-to-EBITDA or its related term are showing as below:

BOM:500480' s EV-to-EBITDA Range Over the Past 10 Years
Min: 7.95   Med: 24.26   Max: 51.35
Current: 40.65

During the past 13 years, the highest EV-to-EBITDA of Cummins India was 51.35. The lowest was 7.95. And the median was 24.26.

BOM:500480's EV-to-EBITDA is ranked worse than
87.07% of 2451 companies
in the Industrial Products industry
Industry Median: 13.65 vs BOM:500480: 40.65

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-06-09), Cummins India's stock price is ₹3600.30. Cummins India's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹62.070. Therefore, Cummins India's PE Ratio for today is 58.00.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Cummins India EV-to-EBITDA Historical Data

The historical data trend for Cummins India's EV-to-EBITDA 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.

* Premium members only.

Cummins India EV-to-EBITDA Chart

Cummins India Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.73 25.03 21.83 24.63 33.78

Cummins India Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.63 27.65 21.94 25.26 33.78

Competitive Comparison of Cummins India's EV-to-EBITDA

For the Specialty Industrial Machinery subindustry, Cummins India's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 India's EV-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cummins India's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Cummins India's EV-to-EBITDA falls into.



Cummins India EV-to-EBITDA Calculation

Cummins India's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=971975.960/23911.9
=40.65

Cummins India's current Enterprise Value is ₹971,976 Mil.
Cummins India's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹23,912 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 India  (BOM:500480) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Cummins India's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=3600.30/62.070
=58.00

Cummins India's share price for today is ₹3600.30.
Cummins India's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹62.070.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Cummins India EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Cummins India's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Cummins India (BOM:500480) Business Description

Traded in Other Exchanges
Address
Cummins India Office Campus, Tower A, 5th Floor, Survey No. 21, Balewadi, Pune, MH, IND, 411045
Cummins India Ltd is a group of businesses that design and manufacture service engines and related technologies. The company produces fuel systems, air handling, filtration, emission solutions, and electrical power generation systems in facilities across India. It has three business units: Engine Business, Power Systems Business, and Distribution Business. Its engines power a wide range of systems, including trucks, construction equipment, military components, railways, mining, and power generation applications. In addition, Cummins India provides aftermarket support and expertise to customers in different regions. The revenue is derived from India, but the company exports products to North America, Europe, and other Asian countries.

Cummins India (BOM:500480) Headlines

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