Caterpillar Inc.

BMV:CAT * Stock Report

Market Cap: Mex$7.9t

Caterpillar Valuation

Is CAT * undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of CAT * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: CAT * (MX$17158.2) is trading above our estimate of future cash flow value (MX$9988.43)

Significantly Below Future Cash Flow Value: CAT * is trading above our estimate of future cash flow value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CAT *?

Key metric: As CAT * is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for CAT *. This is calculated by dividing CAT *'s market cap by their current earnings.
What is CAT *'s PE Ratio?
PE Ratio48.2x
EarningsUS$9.43b
Market CapUS$454.06b

Price to Earnings Ratio vs Peers

How does CAT *'s PE Ratio compare to its peers?

The above table shows the PE ratio for CAT * vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average31.2x
CMI Cummins
37x17.59%US$98.9b
GCARSO A1 Grupo Carso. de
42.6x12.91%Mex$324.1b
VOLV B AB Volvo
19.9x14.47%SEK 653.5b
PCAR PACCAR
25.3x16.26%US$62.6b
CAT * Caterpillar
48.2x16.99%Mex$454.1b

Price-To-Earnings vs Peers: CAT * is expensive based on its Price-To-Earnings Ratio (48.2x) compared to the peer average (31.9x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does CAT *'s PE Ratio compare vs other companies in the Global Machinery Industry?

54 CompaniesPrice / EarningsEstimated GrowthMarket Cap
CAT * 48.2xIndustry Avg. 24.9xNo. of Companies210PE020406080100+
54 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CAT * is expensive based on its Price-To-Earnings Ratio (48.2x) compared to the Global Machinery industry average (25x).

Price to Earnings Ratio vs Fair Ratio

What is CAT *'s PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CAT * PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio48.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate CAT *'s Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CAT * forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentMex$17,036.90
Mex$16,415.56
-3.65%
14.31%Mex$20,223.47Mex$9,981.54n/a26
Jun ’27Mex$15,061.95
Mex$15,973.08
+6.05%
15.89%Mex$20,223.70Mex$9,981.66n/a26
May ’27Mex$15,605.18
Mex$15,110.19
-3.17%
18.21%Mex$20,331.23Mex$10,034.73n/a26
Apr ’27Mex$13,050.00
Mex$13,301.26
+1.93%
14.05%Mex$15,726.90Mex$7,616.85n/a26
Mar ’27Mex$12,761.00
Mex$12,459.89
-2.36%
13.85%Mex$15,070.27Mex$7,298.82n/a26
Feb ’27Mex$11,420.13
Mex$11,432.77
+0.11%
17.67%Mex$14,065.77Mex$6,639.74n/a25
Jan ’27Mex$10,340.00
Mex$10,804.99
+4.50%
16.23%Mex$13,146.28Mex$6,843.27n/a25
Dec ’26Mex$10,510.00
Mex$10,757.95
+2.36%
17.00%Mex$13,363.45Mex$6,956.32n/a25
Nov ’26Mex$10,791.80
Mex$10,199.19
-5.49%
19.79%Mex$13,562.82Mex$7,060.10n/a23
Oct ’26Mex$8,835.00
Mex$8,459.39
-4.25%
11.26%Mex$9,921.74Mex$6,430.76n/a22
Sep ’26Mex$8,130.00
Mex$8,401.59
+3.34%
10.25%Mex$9,582.91Mex$6,525.33n/a22
Aug ’26Mex$8,250.00
Mex$7,563.36
-8.32%
14.13%Mex$9,380.80Mex$5,309.53n/a23
Jul ’26Mex$7,295.43
Mex$7,034.20
-3.58%
11.09%Mex$8,335.61Mex$5,301.07n/a25
Jun ’26Mex$6,800.00
Mex$7,177.37
+5.55%
10.06%Mex$8,244.19Mex$5,489.66Mex$15,061.9525
May ’26Mex$6,002.80
Mex$7,006.21
+16.72%
14.90%Mex$8,378.35Mex$4,763.43Mex$15,605.1824
Apr ’26Mex$6,748.00
Mex$7,864.58
+16.55%
13.73%Mex$9,962.34Mex$5,082.83Mex$13,050.0023
Mar ’26Mex$7,057.99
Mex$8,014.75
+13.56%
13.60%Mex$10,040.84Mex$5,122.88Mex$12,761.0023
Feb ’26Mex$7,668.00
Mex$8,126.69
+5.98%
14.83%Mex$10,211.45Mex$5,179.90Mex$11,420.1323
Jan ’26Mex$7,460.00
Mex$8,113.46
+8.76%
17.55%Mex$10,637.43Mex$5,163.80Mex$10,340.0022
Dec ’25Mex$8,331.00
Mex$7,699.25
-7.58%
18.63%Mex$10,156.25Mex$5,078.13Mex$10,510.0021
Nov ’25Mex$7,652.00
Mex$7,394.20
-3.37%
19.80%Mex$10,138.30Mex$5,069.15Mex$10,791.8021
Oct ’25Mex$7,644.53
Mex$6,922.57
-9.44%
18.36%Mex$9,100.52Mex$4,883.69Mex$8,835.0022
Sep ’25Mex$6,993.50
Mex$6,497.75
-7.09%
17.62%Mex$8,675.59Mex$4,655.65Mex$8,130.0023
Aug ’25Mex$6,204.00
Mex$6,471.03
+4.30%
17.44%Mex$8,640.61Mex$4,562.39Mex$8,250.0024
Jul ’25Mex$6,060.00
Mex$6,381.84
+5.31%
16.69%Mex$8,521.50Mex$4,499.50Mex$7,295.4326
Jun ’25Mex$5,723.00
Mex$5,879.90
+2.74%
16.66%Mex$7,886.19Mex$4,164.04Mex$6,800.0026
Mex$16.46k
Fair Value
4.2% overvalued intrinsic discount
26
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/19 08:07
End of Day Share Price 2026/06/18 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Caterpillar Inc. is covered by 59 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John EadeArgus Research Company
Mircea DobreBaird
Adam SeidenBarclays