Intrinsic value of Caterpillar Inc. (CAT)

[per Chepakovich valuation model]

other valuations of CAT

[per Chepakovich valuation model]  See other valuations of CAT stock

Previous Close$209.53
Intrinsic Value
Upside potential
Previous Close
$209.53

VALUATION INPUT DATA

Revenue, mln $
Initial revenue growth rate (norm.), %
Variable cost ratio, %
Fixed operating expenses, mln $
Production assets / Revenue, %
Working capital / Revenue, %
Interest rate on debt, %
Life of production assets, yrs
Initial discount rate, %
Shares outstanding, mln
Adjusted equity ratio
Adjusted assets / Revenue
Based on fiscal year data as of 2020-12-31 and quarterly data as of 2021-03-31.
NOTE: The bar chart shows historic and forecasted yearly revenue growth rates. Its purpose is to help you in determining what initial revenue rate you want to base your stock valuation on. Please make sure that you are confident in the value you select - for most stocks it is by far the most important parameter in valuation.
  1. Annual
  2. Quarterly YoY
  3. Quarterly QoQ

Annual revenue growth rates, % (past and forecasted)

show cash flow forecast

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year2020(a)2021202220232024202520262027202820292030203120322033203420352036203720382039204020412042204320442045

INCOME STATEMENT

Revenue growth rate, %-22.4NaN
Revenue, $41748NaN
Variable operating expenses, $mNaN
Fixed operating expenses, $mNaN
Total operating expenses, $m37195NaN
Operating income, $m4553NaN
EBITDA, $m6985NaN
Interest expense (income), $mNaN
Earnings before tax, $m4004NaN
Tax expense, $m1006NaN
Net income, $m2998NaN

BALANCE SHEET

Cash and short-term investments, $m9352NaN
Total assets, $m78324NaN
Adjusted assets (=assets-cash), $m68972NaN
Average production assets, $m20384NaN
Working capital, $m13747NaN
Total debt, $m37163NaN
Total liabilities, $m62946NaN
Total equity, $m15378NaN
Debt-to-equity ratio2.417NaN
Adjusted equity ratio0.249NaN

CASH FLOW

Net income, $m2998NaN
Depreciation, amort., depletion, $m2432NaN
Funds from operations, $mNaN
Change in working capital, $mNaN
Cash from operations, $m6327NaN
Maintenance CAPEX, $mNaN
New CAPEX, $mNaN
Total CAPEX, $m-1343NaN
Free cash flow, $m7670NaN
Issuance/(repurchase) of shares, $mNaN
Retained Cash Flow, $mNaN
Pot'l extraordinary dividend, $m13747
Cash available for distribution, $mNaN
Discount rate, %NaN
PV of cash for distribution, $mNaN
Current shareholders' claim on cash, %NaN