CYD vs FSS vs CMI Stock Comparison

China Yuchai International, Federal Signal and Cummins Prices as of Oct 27, 2026 Peers: Industry group
FSS Federal Signal Corp /De/
$115.92 +1.1% 1M -7.5% 1Y
Market cap
$6.88B
P/E
24.1x
Revenue (TTM)
$2.45B
Div. yield
0.01%
Heavy Equipment Industrials
5 wins
CMI Cummins Inc
$530.34 +1.0% 1M +26.0% 1Y
Market cap
$72.90B
P/E
26.9x
Revenue (TTM)
$34.71B
Div. yield
–
Heavy Equipment Industrials
3 wins

Head to Head

11 decided of 12

Federal Signal leads on 5 of the 12 questions below (Federal Signal 5, Cummins 3, China Yuchai International 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCYDFSSCMILeader
Larger companyMarket capitalisation $884.31M $6.88B $72.90B CMI
Cheaper on earningsLower P/E, profitable companies only 11.3x 24.1x 26.9x CYD
Cheaper on forward earningsLower price / next fiscal year consensus EPS 7.0x 23.6x 16.9x CYD
Faster revenue growthRevenue growth, trailing twelve months — +24.0% +2.9% FSS
More profitableNet margin, trailing twelve months — 11.7% 7.8% FSS
Better return on capitalReturn on invested capital — 15.3% 13.6% FSS
Less leveragedLower net debt / EBITDA — 0.8x 0.7x CMI
Higher dividend yieldTrailing dividend yield 0.00% 0.01% 0.00% –
Better 1-year returnPrice return, last 12 months -40.7% -7.5% +26.0% CMI
Better 5-year returnAnnualised price return, 5 years +11.6%/yr +22.1%/yr +16.9%/yr FSS
Less volatileAnnualised volatility, 1 year 55.1% 35.0% 37.1% FSS
Higher overall scoreMean of the five percentile scores vs peers 81/100 75/100 59/100 CYD

Percentile Scorecard

CYDFSSCMI

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCYDFSSCMI
Valuation 100 #2 of 203 51 #101 of 203 50 #103 of 203
Growth – 94 #13 of 188 52 #90 of 188
Profitability – 90 #20 of 183 71 #54 of 183
Financial Health 49 #112 of 217 75 #55 of 217 52 #104 of 217
Shareholder Returns 94 #10 of 153 65 #54 of 153 69 #48 of 153
Overall 81 75 59
  • CYD ranked among 222 companies in Machinery
  • FSS ranked among 222 companies in Machinery
  • CMI ranked among 222 companies in Machinery

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCYDFSSCMISPY
1 month -29.0%+1.1%+1.0% -0.2%
3 months -49.5%-1.6%-17.3% +3.9%
6 months -42.5%+3.7%-17.5% +8.2%
Year to date -34.0%+6.8%+3.9% +12.9%
1 year -40.7%-7.5%+26.0% +12.3%
3 years +187.5%+102.4%+146.4% +87.4%
3 years, per year +42.2%+26.5%+35.1% +23.3%
5 years +73.4%+171.6%+118.5% +67.9%
5 years, per year +11.6%+22.1%+16.9% +10.9%
10 years +113.4%+848.6%+320.0% +261.1%
10 years, per year +7.9%+25.2%+15.4% +13.7%

Risk

MeasureCYDFSSCMISPY
Volatility, 1Y 55.1%35.0%37.1% 12.7%
Downside volatility, 1Y 61.7%35.9%38.0% 12.7%
Beta vs S&P 500, 1Y 1.511.281.64 1.00
Return / volatility, 1Y -0.74-0.210.70 0.97
Max drawdown, 5Y -61.1%-33.3%-30.8% -25.4%
From 52-week high -60.8%-13.3%-27.1% -1.2%
52-week high $59.71$133.73$727.59 $779.14
52-week low $23.25$104.77$414.30 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCYDFSSCMI
P/E now vs peer median 11.3xmedian 25.2x 24.7xmedian 25.2x 26.9xmedian 25.2x
P/S now vs peer median 0.2xmedian 1.9x 2.9xmedian 1.9x 2.1xmedian 1.9x
EV/EBITDA now vs peer median —median 14.0x 15.4xmedian 14.0x 15.2xmedian 14.0x
P/FCF now vs peer median 2.7xmedian 21.7x 20.9xmedian 21.7x 21.7xmedian 21.7x
P/B now vs peer median 0.5xmedian 2.3x 4.7xmedian 2.3x 5.3xmedian 2.3x
PEG now vs peer median —median 1.32 0.87median 1.32 8.40median 1.32

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCYDFSSCMI
Revenue – $2.45B $34.71B
Gross profit – $714.00M $8.79B
Operating income – $395.40M $3.89B
Net income – $285.40M $2.83B
Free cash flow – $339.20M $3.37B
R&D – – $1.44B
EPS (diluted) – $4.64 $19.60
Cash & equivalents $1.08B $62.80M $3.18B
Total debt $288.74M $453.60M $7.35B
Shares (diluted) 37.52M 61.50M 138.50M
Enterprise value -$2.47B $6.63B $68.98B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCYDFSSCMI
P/E 11.3x 24.7x 26.9x
P/FCF 2.7x 20.9x 21.7x
P/Operating cash flow – 19.0x 15.7x
P/S 0.2x 2.9x 2.1x
P/B 0.5x 4.7x 5.3x
P/Tangible book 0.6x 6.3x 6.2x
EV/EBITDA – 15.4x 15.2x
EV/EBIT – 18.9x 19.6x
EV/Revenue – 3.1x 2.2x
EV/FCF – 22.0x 22.7x
EV/Operating cash flow – 20.0x 16.4x
PEG (3Y EPS CAGR) – 0.87 8.40

Growth

14 metrics
MetricCYDFSSCMI
Revenue growth (1Y) – 24.0% 2.9%
Revenue CAGR (3Y) – 16.1% 2.5%
Gross profit growth (1Y) – 24.5% 1.7%
Gross profit CAGR (3Y) – 22.1% 4.8%
Operating income growth (1Y) – 27.8% -6.0%
Operating income CAGR (3Y) – 28.8% 4.1%
Net income growth (1Y) – 28.8% -7.8%
Net income CAGR (3Y) – 28.6% 2.9%
EPS growth (1Y) – 28.4% -7.7%
EPS CAGR (3Y) – 28.6% 3.2%
Operating cash flow growth (1Y) – 45.6% 63.4%
Operating cash flow CAGR (3Y) – 59.2% 28.8%
Free cash flow growth (1Y) – 49.8% 103.8%
Free cash flow CAGR (3Y) – 73.3% 45.3%

Profitability

14 metrics
MetricCYDFSSCMI
Gross margin – 29.2% 25.3%
EBITDA margin – 19.8% 14.4%
Operating margin – 16.2% 11.2%
Pretax margin – 15.2% 11.1%
Net margin – 11.7% 7.8%
FCF margin – 13.9% 9.7%
Operating cash flow margin – 15.2% 13.4%
Return on equity – 19.4% 20.7%
Return on assets – 11.7% 8.1%
Return on invested capital – 15.3% 13.6%
Return on capital employed – 18.5% 16.0%
Asset turnover – 1.0x 1.0x
Cash conversion (OCF / net income) – 1.3x 1.6x
Stock comp / revenue – 0.6% –

Financial Health

11 metrics
MetricCYDFSSCMI
Debt / assets 6.3% 18.6% 20.6%
Debt / equity 0.2x 0.3x 0.5x
Net debt / EBITDA – 0.8x 0.7x
Debt / FCF – 1.3x 2.2x
Liabilities / assets 59.6% 38.2% 61.0%
Equity / assets 40.4% 61.8% 39.0%
Interest coverage – 19.3x 12.1x
Current ratio 1.4x 2.7x 1.7x
Quick ratio 1.1x 1.1x 1.0x
Cash ratio 0.4x 0.2x 0.4x
Altman Z-score – 7.19 4.54

Shareholder Returns

7 metrics
MetricCYDFSSCMI
Dividend yield 3.7% 0.5% 1.5%
Net buyback yield – 0.0% 0.6%
Shareholder yield 3.7% 0.5% 2.2%
Payout ratio (earnings) – 12.6% –
Payout ratio (FCF) – 10.6% –
Dividend growth (1Y) – 13.6% –
Dividend CAGR (3Y) – 17.0% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCYDFSSCMI
Forward P/E 7.0xFY2026 23.6xFY2026 16.9xFY2026
EPS, next fiscal year $3.34FY2026 $4.92FY2026 $31.39FY2026
EPS growth, next FY +62.9%FY2026 +16.3%FY2026 +31.9%FY2026
EPS growth, the year after +14.4% +10.0% +14.7%
Revenue, next fiscal year $4.43BFY2026 $2.79BFY2026 $35.38BFY2026
Revenue growth, next FY +25.5%FY2026 +28.1%FY2026 +5.1%FY2026
Revenue growth, the year after -4.0% -5.3% +11.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCYDFSSCMI
Held by institutions 22.4% 100.0% 85.4%
Institutions holding 121 474 2,106
Change in shares held, QoQ +4.4% +3.9% +1.0%
Institutions buying 65 249 1,049
Institutions selling 33 152 728
Buyers to sellers 1.97 1.64 1.44

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CYDFSSCMI
CYD 1.00 0.23 0.44
FSS 0.23 1.00 0.44
CMI 0.44 0.44 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CYD, FSS and CMI?

Cummins (CMI) is the largest by market capitalisation: China Yuchai International (CYD) $884.31M, Federal Signal (FSS) $6.88B, Cummins (CMI) $72.90B.

Which stock is cheaper, CYD, FSS and CMI?

China Yuchai International (CYD) trades on the lowest price-to-earnings ratio (China Yuchai International (CYD) 11.3x, Federal Signal (FSS) 24.1x, Cummins (CMI) 26.9x). On next year's consensus earnings, China Yuchai International (CYD) is cheapest (China Yuchai International (CYD) 7.0x, Federal Signal (FSS) 23.6x, Cummins (CMI) 16.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Federal Signal (FSS) grew revenue fastest over the trailing twelve months: Federal Signal (FSS) +24.0%, Cummins (CMI) +2.9%.

Which company is more profitable?

Federal Signal (FSS) has the highest net margin (Federal Signal (FSS) 11.7%, Cummins (CMI) 7.8%). On return on invested capital, Federal Signal (FSS) leads (Federal Signal (FSS) 15.3%, Cummins (CMI) 13.6%).

Which stock has performed better?

Over the past year Cummins (CMI) returned the most: China Yuchai International (CYD) -40.7%, Federal Signal (FSS) -7.5%, Cummins (CMI) +26.0%. Over five years, Federal Signal (FSS) compounded fastest (China Yuchai International (CYD) +11.6%/yr, Federal Signal (FSS) +22.1%/yr, Cummins (CMI) +16.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: China Yuchai International (CYD) 0.00%, Federal Signal (FSS) 0.01%, Cummins (CMI) 0.00%. China Yuchai International (CYD) and Cummins (CMI) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Federal Signal (FSS) has been the steadiest (China Yuchai International (CYD) 55.1%, Federal Signal (FSS) 35.0%, Cummins (CMI) 37.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CYD, FSS and CMI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Federal Signal (FSS) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.