Company Valuation: Mercedes-Benz Group AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 72,310 65,688 65,111 50,816 57,467 43,847 - -
Change - -9.16% -0.88% -21.95% 13.09% -23.7% - -
Enterprise Value (EV) 1 51,305 39,051 33,452 19,399 25,305 15,488 15,498 12,513
Change - -23.89% -14.34% -42.01% 30.45% -38.8% 0.07% -19.26%
P/E Ratio 3.14x 4.53x 4.65x 5.28x 11.2x 8.03x 6.3x 5.42x
PBR 1x 0.77x 0.72x 0.58x 0.62x 0.48x 0.46x 0.43x
PEG - -0.1x -7x -0.2x -0.2x 0.8x 0.2x 0.3x
Capitalization / Revenue 0.43x 0.44x 0.42x 0.35x 0.43x 0.33x 0.32x 0.31x
EV / Revenue 0.31x 0.26x 0.22x 0.13x 0.19x 0.12x 0.11x 0.09x
EV / EBITDA 1.42x 1.45x 1.27x 0.95x 1.94x 1.09x 0.95x 0.71x
EV / EBIT 1.76x 1.91x 1.7x 1.43x 4.35x 2.21x 1.75x 1.27x
EV / FCF 5.96x 4.8x 2.96x 2.12x 4.67x 3.54x 2.8x 2x
FCF Yield 16.8% 20.8% 33.8% 47.2% 21.4% 28.2% 35.7% 49.9%
Dividend per Share 2 5 5.2 5.3 4.3 3.5 3.444 3.544 3.992
Rate of return 7.4% 8.47% 8.47% 7.99% 5.83% 7.26% 7.47% 8.42%
EPS 2 21.5 13.55 13.46 10.19 5.34 5.91 7.525 8.746
Distribution rate 23.3% 38.4% 39.4% 42.2% 65.5% 58.3% 47.1% 45.6%
Net sales 1 1,67,971 1,50,017 1,53,218 1,45,594 1,32,214 1,32,144 1,36,707 1,40,391
EBITDA 1 36,049 26,979 26,323 20,371 13,043 14,194 16,380 17,594
EBIT 1 29,069 20,458 19,660 13,599 5,820 7,012 8,852 9,829
Net income 1 23,006 14,501 14,261 10,207 5,141 5,610 6,935 7,767
Net Debt 1 -21,005 -26,637 -31,659 -31,417 -32,162 -28,359 -28,349 -31,333
Reference price 2 67.59 61.40 62.55 53.80 60.07 47.44 47.44 47.44
Nbr of stocks (in thousands) 10,69,837 10,69,837 10,40,937 9,44,530 9,56,669 9,24,351 - -
Announcement Date 24/02/22 17/02/23 22/02/24 20/02/25 12/02/26 - - -
1EUR in Million2EUR
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
8.03x0.12x1.09x7.26% 5.05TCr
8.89x1.31x11.88x3.7% 22TCr
13.23x1.42x15.2x1.9% 8.82TCr
6.77x0.35x2.78x0.92% 7.29TCr
22.7x0.3x4.14x4.1% 5.86TCr
4.32x0.02x0.18x7.02% 4.97TCr
6.29x-0.05x-0.37x6.05% 4.65TCr
16.88x0.59x6.98x4.91% 3.46TCr
23.29x2.17x14.96x0.97% 3.5TCr
8.54x0.28x3.25x3.37% 2.67TCr
Average 11.89x 0.65x 6.01x 4.02% 6.86TCr
Weighted average by Cap. 10.96x 0.83x 7.78x 3.78%

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

  1. Stock Market
  2. Stocks
  3. MBG Stock
  4. Valuation Mercedes-Benz Group AG
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