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Stock Comparison · Industry comparison · Specialty Industrial Machinery

Cummins vs Smiths Group: Which Stock Looks Stronger in 2026?

Cummins holds the cleaner structural position, with the lead spread across profitability and valuation. The market setup is mixed, without a decisive signal in either direction. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels. Peer scores are normalised within each company's primary universe (CMI: S&P 500, SMIN.L: STOXX 600).

Updated 2026-07-05

The lead is spread across profitability and valuation, rather than sitting in one isolated gap. The overall score gap is 11 points in favour of Cummins Inc..

INDUSTRY COMPARISON

Both operate in: Specialty Industrial Machinery

This comparison is based on industry proximity, not on functional trajectory similarity. CMI and SMIN.L share the same industry classification.

For a similarity-based comparison, see how Cummins and Smiths each position within their functional peer groups in AssetNext.

Peer-Relative Score
CMI
Cummins Inc.
53
Peer-Score
Signal qualitylow
Peer basis: S&P 500
vs
SMIN.L
Smiths Group plc
42
Peer-Score
Signal qualitylow
Peer basis: STOXX 600

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

Score differences across key dimensions.

Dimension spread: CMI vs SMIN.L Profitability 57 33 Stability 67 73 Valuation 50 40 Growth 34 25 CMI SMIN.L
Gap Ranking
#1 Profitability +24
#2 Valuation +10
#3 Growth +9
#4 Stability +6
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for CMI and SMIN.L Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer CMISMIN.L Relative valuation Structural strength

Cummins Inc. looks stronger on relative valuation, while the broader price setup remains mixed.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Relative Position vs Comparable Companies
Profitability
Cummins Inc. sits in the stronger part of the group on profitability, while Smiths Group plc is closer to mid-pack.
Valuation
Both look solid on valuation, though Cummins Inc. still holds the stronger peer position.
Profitability — Dominant Gap
CMI
57
SMIN.L
33
Gap+24in favour of CMI

Capital efficiency adds support, with a 7.2-point ROIC advantage.

What else supports the lead

A forward P/E that is 2.6 turns lower adds a second meaningful layer to the lead.

What this means for the comparison

The lead is built on both profitability and valuation, making it broader than a single-dimension result.

Explore full peer positioning in AssetNext

Break down the CMI vs SMIN.L comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar profitability-and-valuation comparisons

Explore how CMI and SMIN.L each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.