Caterpillar Inc. (CAT): Our Calculation of Intrinsic Value

Each week we run a DCF (Discounted Cash Flow) model on a company from our watchlist. This week’s pick: Caterpillar Inc. (CAT).ProfileCaterpillar is the world’s largest manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and locomotives. The company benefits from its global scale, durable brand, and broad dealer network that supports recurring parts and services revenue. While Caterpillar is cyclical, tied to commodity and infrastructure cycles, its rob ...