Company Valuation: Daimler Truck Holding AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 26,573 23,820 27,427 28,854 28,572 30,484 - -
Change - -10.36% 15.14% 5.2% -0.98% 6.69% - -
Enterprise Value (EV) 1 17,343 23,820 46,087 50,967 46,585 52,632 52,801 52,436
Change - 37.35% 93.48% 10.59% -8.6% 12.98% 0.32% -0.69%
P/E ratio 11.3x 8.93x 7.36x 10.1x 14.6x 12.7x 9.21x 8.23x
PBR 1.62x - 1.29x 1.32x 1.33x 1.38x 1.28x 1.16x
PEG - 0.7x 0.2x -0.5x -0.5x 0.6x 0.2x 0.7x
Capitalization / Revenue 0.67x 0.47x 0.49x 0.53x 0.58x 0.62x 0.58x 0.56x
EV / Revenue 0.44x 0.47x 0.82x 0.94x 0.94x 1.08x 1.01x 0.96x
EV / EBITDA 3.84x 4.87x 6.96x 8.76x 9.6x 11.4x 9.12x 8.23x
EV / EBIT 7.35x 6.32x 8.4x 10.9x 12.3x 14.8x 11.3x 10.1x
EV / FCF 13x - -50.1x -159x 16.3x 25.6x 21.6x 17.9x
FCF Yield 7.71% - -2% -0.63% 6.14% 3.9% 4.63% 5.58%
Dividend per Share 2 - - 1.9 1.9 1.9 1.785 2.063 2.369
Rate of return - - 5.58% 5.16% 5.09% 4.47% 5.17% 5.93%
EPS 2 2.85 3.24 4.62 3.64 2.56 3.144 4.334 4.851
Distribution rate - - 41.1% 52.2% 74.2% 56.8% 47.6% 48.8%
Net sales 1 39,764 50,945 55,890 54,077 49,387 48,907 52,385 54,863
EBITDA 1 4,517 4,887 6,622 5,820 4,853 4,632 5,790 6,370
EBIT 1 2,359 3,767 5,489 4,667 3,778 3,550 4,655 5,214
Net income 1 2,347 2,665 3,775 2,899 1,970 2,479 3,264 3,615
Net Debt 1 -9,230 - 18,660 22,113 18,013 22,148 22,317 21,952
Reference price 2 32.29 28.94 34.02 36.85 37.32 39.93 39.93 39.93
Nbr of stocks (in thousands) 8,22,952 8,22,952 8,06,200 7,83,009 7,65,601 7,63,441 - -
Announcement Date 24/03/22 10/03/23 01/03/24 14/03/25 11/03/26 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.7x1.08x11.36x4.47% 3.55TCr
19.69x1.78x14.73x2.84% 5.88TCr
27.79x1.8x19.84x1.29% 3.87TCr
15.8x1.61x9.01x3.05% 3.58TCr
33.03x4.81x19.16x1.51% 3.28TCr
14.46x1.58x11.32x1.87% 2.01TCr
23.28x2.14x11.68x2.14% 1.89TCr
30.04x - - 0.77% 1.53TCr
21.39x2.4x12.86x2.81% 1.47TCr
27.38x0.85x16.17x2.45% 1.3TCr
Average 22.55x 2.00x 14.01x 2.32% 2.84TCr
Weighted average by Cap. 21.84x 2.04x 14.30x 2.46%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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