Cummins Inc. (CMI) vs Symbotic Inc. (SYM)

Cummins Inc. and Symbotic Inc. are both Specialty Industrial Machinery companies. Cummins Inc. is the larger, with a market value of $72.3B against $26.9B — 2.7× the size. Cummins Inc. trades at the lower P/E: 26.7× against 435×. Symbotic Inc. grew revenue faster over the last twelve months: 20.6% against 2.93%. Cummins Inc. has the higher net margin (7.82% vs 0.31%) and the higher return on invested capital (14.4% vs 0.00%). Across the 22 metrics below, Cummins Inc. leads on 14 and Symbotic Inc. on 8.

Valuation

Metric CMI SYM Specialty Industrial Machinery median
P/E 26.71 434.70 29.62
P/S 2.09 2.10 2.77
P/B 5.21 4.91 3.04
Price to free cash flow 21.50 7.00 23.81
EV/EBITDA 15.03 93.22 16.05
EV/Sales 2.17 1.44 2.94
Earnings yield 3.74% 0.23% 3.08%
Free cash flow yield 4.65% 14.29% 3.12%

Profitability

Metric CMI SYM Specialty Industrial Machinery median
Gross margin 25.32% 21.29% 35.90%
Operating margin 11.22% (0.01%) 11.22%
Net margin 7.82% 0.31% 7.80%
Free cash flow margin 9.70% 30.06% 9.51%
Return on equity 20.28% 1.04% 11.10%
Return on assets 7.77% 0.31% 4.63%
Return on invested capital 14.42% 0.00% 5.37%

Growth

Metric CMI SYM Specialty Industrial Machinery median
Revenue growth (TTM) 2.93% 20.64% 6.45%
EPS growth (last fiscal year) (27.74%) (100.00%) —
Revenue growth, 5-year CAGR 11.19% 30.52% 8.31%
Net income growth, 5-year CAGR 9.71% 0.00% 5.04%

Health

Metric CMI SYM Specialty Industrial Machinery median
Debt to equity 0.50 0.00 0.35
Current ratio 1.73 1.33 2.11
Net debt to EBITDA 0.64 17.57 1.32

Dividend

Metric CMI SYM Specialty Industrial Machinery median
Dividend yield 2.74% — 1.12%
Payout ratio 0.35 0.00 0.17

Size

Metric CMI SYM Specialty Industrial Machinery median
Market cap 72.31b 26.91b 1.97b

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