Toyota Industries vs Caterpillar: Fair Value & Quality
Both stocks run through our valuation models. Here is how Toyota Industries (TYIDY) and Caterpillar (CAT) compare, as of Aug 15, 2026.
As of Aug 15, 2026, Fair Value Calculator sees Toyota Industries as the less overvalued of the two: Toyota Industries trades at $128 versus a fair value of $104 (-18%), while Caterpillar trades at $857 versus $308 (-64%).
Toyota Industries
TYIDY · USD · Industrials
-18%
upside to fair value
overvalued
Price$128
Fair Value$104
Quality48/100
Caterpillar
CAT · USD · Industrials
-64%
upside to fair value
overvalued
Price$857
Fair Value$308
Quality64/100
Head-to-head numbers
Green value = the better side for that row (for valuation multiples: lower = cheaper).
Toyota IndustriesCaterpillar
Valuation
27.5×P/E (TTM)43.0×
—P/S (TTM)6.11×
—P/B20.27×
—EV/EBITDA31.1×
—PEG2.25×
—Dividend yield0.6%
—Dividend per share$6.04
Profitability
5%Net margin13%
4%Operating margin18%
4%Return on equity51%
1%Return on assets9%
Growth
8%Revenue growth (YoY)22%
11.1%Avg. growth/yr (3Y)4.4%
16.9%Avg. growth/yr (5Y)10.1%
Balance & size
0.18×Debt / equity1.44×
$39BMarket cap$432B
healthyGrowth qualityhealthy
Caterpillar leads: 4 to 5 metric wins.
Dash = not meaningfully computable, for example with negative equity.
Quality in detail
The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.
Toyota Industriesof which business quality 49 · market factors 59Caterpillarof which business quality 62 · market factors 60
ProfitabilityMargins and returns on capital today
25
61
Quality GrowthAre margins and returns improving?
38
22
CashflowEarnings quality: real cash, not paper profit
InvestmentDisciplined investing over empire-building
40
72
Low VolatilityCalm price path (market factor)
77
32
MomentumPrice trend over the last 3–12 months (market factor)
45
65
52W MomentumDistance to the 52-week high (market factor)
62
84
Net IssuanceBuybacks instead of dilution
96
100
What the models say
The median fair value (base case) per model family, each in the currency of its trading venue. Green = above the current price, red = below.
Toyota Industries
DCF Models$112
Earnings-Based$51.30
Multiples$108
Asset-Based$123
Growth DCF$76.21
Economic Profit$78.27
Growth Earnings$99.14
17 of 24 models see the stock below the current price.
Caterpillar
DCF Models$365
Earnings-Based$151
Dividend Discount$111
Multiples$314
Asset-Based$31.01
Growth DCF$326
Economic Profit$220
Growth Earnings$361
26 of 26 models see the stock below the current price.
Scenario ranges
From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.
Toyota Industries
Bear $78.36Fair Value $104Bull $131
$128 = current price (white tick)
Caterpillar
Bear $192Fair Value $308Bull $403
$857 = current price (white tick)
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Ranked within their sector
Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.
Toyota Industries · Industrials
Quality score48 · below median
Fair value upside-18% · above median
Caterpillar · Industrials
Quality score64 · Top 25%
Fair value upside-64% · bottom 25%
Bottom line
As of Aug 15, 2026, Fair Value Calculator sees Toyota Industries as the less overvalued of the two: Toyota Industries trades at $128 versus a fair value of $104 (-18%), while Caterpillar trades at $857 versus $308 (-64%).
Caterpillar has the higher quality score (64/100).
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A model-based valuation snapshot from 21 models. Values change with price and fundamentals; the date shown above applies.
