Both stocks run through our valuation models. Here is how Caterpillar (CAT) and Deere & (DE) compare, as of Aug 14, 2026.
As of Aug 14, 2026, Fair Value Calculator sees Caterpillar as the less overvalued of the two: Caterpillar trades at $855 versus a fair value of $308 (-64%), while Deere & trades at $612 versus $182 (-70%).
Caterpillar
CAT · USD · Industrials
-64%
upside to fair value
overvalued
Price$855
Fair Value$308
Quality64/100
Deere &
DE · USD · Industrials
-70%
upside to fair value
overvalued
Price$612
Fair Value$182
Quality52/100
Head-to-head numbers
Green value = the better side for that row (for valuation multiples: lower = cheaper).
CaterpillarDeere &
Valuation
42.9×P/E (TTM)34.6×
6.11×P/S (TTM)3.42×
20.27×P/B6.23×
31.1×EV/EBITDA22.9×
2.25×PEG1.37×
0.6%Dividend yield1.1%
$6.04Dividend per share$6.48
Profitability
13%Net margin10%
18%Operating margin17%
51%Return on equity18%
9%Return on assets4%
Growth
22%Revenue growth (YoY)-11%
4.4%Avg. growth/yr (3Y)-4.5%
10.1%Avg. growth/yr (5Y)5.2%
Balance & size
1.44×Debt / equity1.68×
$432BMarket cap$162B
healthyGrowth qualitymixed
Caterpillar leads: 8 to 6 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.
Caterpillarof which business quality 62 · market factors 60Deere &of which business quality 49 · market factors 59
ProfitabilityMargins and returns on capital today
61
43
Quality GrowthAre margins and returns improving?
22
21
CashflowEarnings quality: real cash, not paper profit
InvestmentDisciplined investing over empire-building
72
63
Low VolatilityCalm price path (market factor)
32
67
MomentumPrice trend over the last 3–12 months (market factor)
65
50
52W MomentumDistance to the 52-week high (market factor)
84
67
Net IssuanceBuybacks instead of dilution
100
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.
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.
Deere &
DCF Models$174
Earnings-Based$144
Dividend Discount$109
Multiples$349
Asset-Based$64.37
Growth DCF$120
Economic Profit$178
Growth Earnings$347
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.
Caterpillar
Bear $192Fair Value $308Bull $403
$855 = current price (white tick)
Deere &
Bear $121Fair Value $182Bull $434
$612 = current price (white tick)
Compare two other stocks
Tap a field and type again, ticker or company name.
Free, no sign-up
Ranked within their sector
Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.
Caterpillar · Industrials
Quality score64 · Top 25%
Fair value upside-64% · bottom 25%
Deere & · Industrials
Quality score52 · below median
Fair value upside-70% · bottom 25%
Bottom line
As of Aug 14, 2026, Fair Value Calculator sees Caterpillar as the less overvalued of the two: Caterpillar trades at $855 versus a fair value of $308 (-64%), while Deere & trades at $612 versus $182 (-70%).
Caterpillar has the higher quality score (64/100).
Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.
A model-based valuation snapshot from 21 models. Values change with price and fundamentals; the date shown above applies.
