AERT
Aeries Technology, Inc
AERT offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
CAT
Caterpillar Inc.
CAT has a slight edge over AERT overall on the model score.
AERT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Healthy | |
| Strong |
AERT's revenue, profitability, cash flow and balance sheet are all currently healthy.
CAT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
CAT's revenue, profitability, cash flow and balance sheet are all currently healthy.
AERT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 7.4x | $4.09 | — |
| Cheap | 15x | $8.46 | +107% |
| Fair | 17x | $9.51 | +132% |
| Expensive | 28x | $15.21 | +272% |
Historical ranges are pointers, not guarantees.
AERT has the edge over CAT in the historical PE scenario, which offers more potential upside but is not a forecast.
CAT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 15x | $380 | -37% |
| Fair | 18x | $461 | -24% |
| Forward | 20x | $605 | — |
| Current | 24x | $605 | — |
| Expensive | 33x | $840 | +39% |
Historical ranges are pointers, not guarantees.
CAT's PE is in its expensive range at 24x. If earnings grow as analysts expect, today's price would be 20x next year's earnings, in its fair range.
AERT Forward outlook
There aren't enough analyst estimates for AERT to show an outlook.
CAT Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Moderate | |
| Low |
Analysts expect earnings and revenue growth for CAT, with profitability improving. However, they disagree widely on these estimates.
AERT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $0.55 | +244% |
| Q2 2026 | $0.43 | +$0.75 |
| Q1 2026 | $0.40 | +$4.08 |
AERT has the edge over CAT in the latest year-over-year earnings comparison.
CAT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $29.73 | +17% |
| Q3 2026 | $25.48 | +31% |
| Q2 2026 | $23.23 | +18% |
| Q1 2026 | $20.08 | -2% |
| Q4 2025 | $18.81 | -15% |
| Q3 2025 | $19.46 | -9.7% |
| Q2 2025 | $19.64 | -10% |
| Q1 2025 | $20.50 | -7.4% |
| Q4 2024 | $22.05 | +9.6% |
CAT earned $25.48 per share over the past year, up 31% from the year before.
AERT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $18.1M | +4.5% |
| Q2 2026 | $21.9M | +43% |
| Q1 2026 | $19.9M | +4.3% |
| Q4 2025 | $17.5M | -0.8% |
| Q3 2025 | $17.4M | +2.9% |
| Q2 2025 | $15.3M | -8% |
| Q1 2025 | $19.1M | -3.3% |
| Q4 2024 | $17.6M | -6.8% |
AERT's revenue is growing: $18M last quarter, up 4.5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 5% | -6.5 points |
| Q2 2026 | 15% | +10 points |
| Q1 2026 | 4.7% | +21 points |
| Q4 2025 | 4.4% | +34 points |
| Q3 2025 | 11% | +36 points |
| Q2 2025 | 5.3% | +104 points |
| Q1 2025 | -16% | -16 points |
| Q4 2024 | -29% | -33 points |
AERT's operating margin was 5% last quarter, down 6.5 points from the same quarter a year ago.
CAT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $20.7B | +17% |
| Q2 2026 | $20.5B | +24% |
| Q1 2026 | $17.4B | +22% |
| Q4 2025 | $19.1B | +18% |
| Q3 2025 | $17.6B | +9.5% |
| Q2 2025 | $16.6B | -0.7% |
| Q1 2025 | $14.2B | -9.8% |
| Q4 2024 | $16.2B | -5% |
CAT has the edge over AERT on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 20% | +3.1 points |
| Q2 2026 | 21% | +3.6 points |
| Q1 2026 | 18% | -0.4 points |
| Q4 2025 | 14% | -4.1 points |
| Q3 2025 | 17% | -2.2 points |
| Q2 2025 | 17% | -3.6 points |
| Q1 2025 | 18% | -4.2 points |
| Q4 2024 | 18% | -0.3 points |
CAT has the edge over AERT on profitability, with a higher operating margin.
AERT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$274K | -142% |
| Q2 2026 | $4.5M | +309% |
| Q1 2026 | $1.8M | +134% |
| Q4 2025 | $2.1M | +$4.6M |
| Q3 2025 | $653K | -50% |
| Q2 2025 | $1.1M | +$3.2M |
| Q1 2025 | $752K | +$5.5M |
AERT has the edge over CAT on cash flow, with more consistent year-over-year improvement.
CAT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $3.7B | +19% |
| Q2 2026 | $3.8B | +47% |
| Q1 2026 | $1.1B | +97% |
| Q4 2025 | $2.7B | +0.1% |
| Q3 2025 | $3.1B | -1.5% |
| Q2 2025 | $2.6B | -4.2% |
| Q1 2025 | $579M | -63% |
| Q4 2024 | $2.7B | -22% |
CAT generated $11.3B in free cash flow over the past year, up 26% from the year before.
AERT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -3.6% | -238K shares |
| 1 year | +7.2% | +425K shares |
AERT has 6M diluted shares, up 7.2% from a year ago.
CAT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.3% | -1.6M shares |
| 1 year | -2.1% | -9.9M shares |
| 3 years | -10% | -51.7M shares |
| 5 years | -16% | -86.7M shares |
| Available history | -19% | -107M shares |
CAT has the edge over AERT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1.2B |
| Q2 2026 | $1.5B |
| Q1 2026 | $5B |
| Q4 2025 | $340M |
| Q3 2025 | $362M |
| Q2 2025 | $828M |
| Q1 2025 | $3.7B |
| Q4 2024 | $640M |
CAT spent $8.1B buying back its own shares over the past year, up 47% from the year before.
AERT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.1x | Very low |
| Q2 2026 | -0.2x | Net Cash |
| Q1 2026 | 0.2x | Very low |
| Q4 2025 | 1.6x | Healthy |
AERT's net debt is less than a year of its operating earnings (EBITDA).
CAT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.5x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -0.3x | Net Cash |
| Q4 2025 | 2.0x | Healthy |
| Q3 2025 | -0.6x | Net Cash |
| Q2 2025 | -0.4x | Net Cash |
| Q1 2025 | -0.3x | Net Cash |
| Q4 2024 | 1.6x | Healthy |
CAT has the edge over AERT on leverage, with a lower net debt burden relative to earnings.
AERT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 31.4 | Neutral |
| Stochastic | 10.3 | Oversold |
AERT's weekly RSI is 31 (neutral) and its Stochastic is 10 (oversold).
CAT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 32.7 | Neutral |
| Stochastic | 6.7 | Oversold |
CAT's weekly RSI is 33 (neutral) and its Stochastic is 7 (oversold).
AERT PE vs Industrials Sector
| Metric | AERT | Sector median | Relative |
|---|---|---|---|
| PE | 7.4x | 24x | 69% below |
| PE % | 0 | 68 | 68 pts below |
AERT has the edge over CAT on valuation relative to its sector.
CAT PE vs Industrials Sector
| Metric | CAT | Sector median | Relative |
|---|---|---|---|
| PE | 24x | 24x | 1.1% below |
| PE % | 69 | 58 | 11 pts above |
CAT is trading at 24x earnings, in line with the Industrials sector's median of 24x.
AERT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $6.14 | 33% below |
| 20 week MA | $6.60 | 38% below |
| 50 week MA | $5.33 | 23% below |
| 100 week MA | $5.59 | 27% below |
| 200 week MA | $24.9 | 84% below |
AERT is in a downtrend: it's below all five of its weekly moving averages, and 84% below its 200-week average.
CAT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $709.0 | 15% below |
| 20 week MA | $797.0 | 24% below |
| 50 week MA | $771.3 | 22% below |
| 100 week MA | $586.7 | 3.2% above |
| 200 week MA | $443.1 | 37% above |
CAT has the edge over AERT on trend strength, trading above more of its moving averages.
AERT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $77.8 | $77.8 | -0.1% |
| 2022 | $77.8 | $81.2 | +4.4% |
| 2023 | $81.2 | $20.0 | -75% |
| 2024 | $20.0 | $7.02 | -65% |
| 2025 | $7.02 | $4.28 | -39% |
| 2026 YTD | $4.28 | $4.09 | -4.4% |
AERT has finished three years in a row lower, and it's down 4.4% so far in 2026.
CAT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $148.3 | $179.6 | +21% |
| 2021 | $179.6 | $206.2 | +15% |
| 2022 | $206.2 | $239.9 | +16% |
| 2023 | $239.9 | $295.7 | +23% |
| 2024 | $295.7 | $364.9 | +23% |
| 2025 | $364.9 | $583.0 | +60% |
| 2026 YTD | $583.0 | $605.3 | +3.8% |
CAT has the edge over AERT on returns for 2026, with the stronger performance.