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 56,154 56,154 -
Change - 16.96% -9.16% -0.88% -21.95% 10.51% 0% -
Enterprise Value (EV) 1 43,971 51,305 39,051 33,452 19,399 24,704 24,530 22,866
Change - 16.68% -23.89% -14.34% -42.01% 27.35% -0.71% -6.78%
P/E ratio 17x 3.14x 4.53x 4.65x 5.28x 11.2x 8.5x 7.08x
PBR 1.02x 1x 0.77x 0.72x 0.58x 0.61x 0.59x 0.56x
PEG - 0x -0.1x -7x -0.2x -0.2x 0.3x 0.4x
Capitalization / Revenue 0.4x 0.43x 0.44x 0.42x 0.35x 0.42x 0.41x 0.4x
EV / Revenue 0.28x 0.31x 0.26x 0.22x 0.13x 0.18x 0.18x 0.16x
EV / EBITDA 2.83x 1.42x 1.45x 1.27x 0.95x 1.97x 1.68x 1.39x
EV / EBIT 6.66x 1.76x 1.91x 1.7x 1.43x 3.49x 2.79x 2.21x
EV / FCF 5.32x 5.96x 4.8x 2.96x 2.12x 4.42x 5.7x 3.72x
FCF Yield 18.8% 16.8% 20.8% 33.8% 47.2% 22.6% 17.5% 26.8%
Dividend per Share 2 1.35 5 5.2 5.3 4.3 2.292 2.876 3.521
Rate of return 2.34% 7.4% 8.47% 8.47% 7.99% 3.9% 4.89% 5.99%
EPS 2 3.39 21.5 13.55 13.46 10.19 5.236 6.92 8.306
Distribution rate 39.8% 23.3% 38.4% 39.4% 42.2% 43.8% 41.6% 42.4%
Net sales 1 154,309 167,971 150,017 153,218 145,594 133,706 135,709 139,963
EBITDA 1 15,560 36,049 26,979 26,323 20,371 12,527 14,592 16,412
EBIT 1 6,603 29,069 20,458 19,660 13,599 7,081 8,790 10,364
Net income 1 3,600 23,006 14,501 14,261 10,207 5,080 6,600 7,728
Net Debt 1 -17,855 -21,005 -26,637 -31,659 -31,417 -31,450 -31,625 -33,288
Reference price 2 57.79 67.59 61.40 62.55 53.80 58.81 58.81 58.81
Nbr of stocks (in thousands) 1,069,837 1,069,837 1,069,837 1,040,937 944,530 954,845 954,845 -
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.($)
11.03x0.18x1.97x3.95% 65.98B
12.91x1.49x12.88x2.67% 295B
11.67x1.34x14.35x2.22% 84.69B
9.25x0.37x3.37x0.71% 76.06B
8.16x0.06x0.47x4.43% 63.61B
9.78x0.06x0.57x4.18% 62.02B
-6.66x0.27x4.35x4.88% 54.63B
28.92x2.67x18.28x0.78% 43.56B
14.14x0.62x10.51x4.35% 40.3B
11.59x0.66x4.83x2.11% 27.7B
Average 11.08x 0.77x 7.16x 3.03% 81.36B
Weighted average by Cap. 11.24x 0.95x 8.67x 2.91%
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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  4. Valuation Mercedes-Benz Group AG