Company Valuation: Mercedes-Benz Group AG

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 61,826 72,310 65,688 65,111 50,816 57,190 57,190 -
Change - 16.96% -9.16% -0.88% -21.95% 12.54% 0% -
Enterprise Value (EV) 1 43,971 51,305 39,051 33,452 19,399 25,851 25,145 23,161
Change - 16.68% -23.89% -14.34% -42.01% 33.26% -2.73% -7.89%
P/E ratio 17x 3.14x 4.53x 4.65x 5.28x 11.2x 8.52x 7.08x
PBR 1.02x 1x 0.77x 0.72x 0.58x 0.62x 0.59x 0.56x
PEG - 0x -0.1x -7x -0.2x -0.2x 0.3x 0.3x
Capitalization / Revenue 0.4x 0.43x 0.44x 0.42x 0.35x 0.43x 0.42x 0.41x
EV / Revenue 0.28x 0.31x 0.26x 0.22x 0.13x 0.19x 0.18x 0.17x
EV / EBITDA 2.83x 1.42x 1.45x 1.27x 0.95x 2.01x 1.68x 1.37x
EV / EBIT 6.66x 1.76x 1.91x 1.7x 1.43x 3.61x 2.84x 2.15x
EV / FCF 5.32x 5.96x 4.8x 2.96x 2.12x 4.87x 5.49x 3.7x
FCF Yield 18.8% 16.8% 20.8% 33.8% 47.2% 20.6% 18.2% 27%
Dividend per Share 2 1.35 5 5.2 5.3 4.3 2.307 2.906 3.476
Rate of return 2.34% 7.4% 8.47% 8.47% 7.99% 3.86% 4.86% 5.81%
EPS 2 3.39 21.5 13.55 13.46 10.19 5.358 7.02 8.445
Distribution rate 39.8% 23.3% 38.4% 39.4% 42.2% 43.1% 41.4% 41.2%
Net sales 1 1,54,309 1,67,971 1,50,017 1,53,218 1,45,594 1,34,440 1,35,972 1,40,136
EBITDA 1 15,560 36,049 26,979 26,323 20,371 12,877 14,956 16,927
EBIT 1 6,603 29,069 20,458 19,660 13,599 7,171 8,854 10,780
Net income 1 3,600 23,006 14,501 14,261 10,207 5,164 6,647 7,785
Net Debt 1 -17,855 -21,005 -26,637 -31,659 -31,417 -31,338 -32,045 -34,028
Reference price 2 57.79 67.59 61.40 62.55 53.80 59.78 59.78 59.78
Nbr of stocks (in thousands) 10,69,837 10,69,837 10,69,837 10,40,937 9,44,530 9,56,669 9,56,669 -
Announcement Date 18/02/21 24/02/22 17/02/23 22/02/24 20/02/25 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.16x0.19x2.01x3.86% 6.68TCr
12.28x1.44x12.34x2.82% 28TCr
9.18x0.38x3.51x0.69% 7.77TCr
8.37x0.08x0.59x4.31% 6.51TCr
9.62x0.06x0.56x4.14% 6.02TCr
8.07x1.16x12.36x3.2% 5.98TCr
-6.81x0.28x4.66x4.76% 5.59TCr
29.92x2.76x18.91x0.75% 4.56TCr
13.41x0.61x10.27x4.56% 3.87TCr
11.73x0.66x4.9x2.08% 2.81TCr
Average 10.69x 0.76x 7.01x 3.12% 7.77TCr
Weighted average by Cap. 10.71x 0.91x 8.14x 3.03%
See all sector valuations

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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