1.00%
12.20%
6.52%
-2.99%
-5.60%
-15.16%
70.93%

Company Description

Mercedes-Benz Group AG operates as an automotive company in Germany and internationally.The company develops, manufactures, and sells passenger cars comprising premium and luxury vehicles of the Mercedes-Benz brand, including the Mercedes-AMG, G-Class, Mercedes-Maybach, and Mercedes-EQ brands, as well as small cars under the smart brand; ecosystem of Mercedes-Benz under the Mercedes me brand; and vans under the Mercedes-Benz and Freightliner brands, as well as related spare parts and accessories.It also provides financing and leasing packages for end-customers and dealers; automotive insurance brokerage and banking services; car subscription and car rental, and fleet management, as well as digital services for charging and payment; and mobility services.


The company was formerly known as Daimler AG and changed its name to Mercedes-Benz Group AG in February 2022.Mercedes-Benz Group AG was founded in 1886 and is headquartered in Stuttgart, Germany.

Market Data

Last Price 59.33
Change Percentage 1.00%
Open 58.87
Previous Close 58.74
Market Cap ( Millions) 57129
Volume 1686811
Year High 77.45
Year Low 50.75
M A 50 54.31
M A 200 59.68

Financial Ratios

FCF Yield 15.24%
Dividend Yield 8.93%
ROE 11.79%
Debt / Equity 101.31%
Net Debt / EBIDTA 370.84%
Price To Book 0.67
Price Earnings Ratio 5.55
Price To FCF 6.56
Price To sales 0.39
EV / EBITDA 6.46

News

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Mercedes-Benz Cars

Expected Growth : 2.5 %

What the company do ?

Mercedes-Benz Cars is a global automobile brand from Mercedes-Benz Group AG, offering luxury vehicles, SUVs, and electric cars with innovative technology and premium design.

Why we expect these perspectives ?

Mercedes-Benz Cars' 2.5% growth driven by increasing demand for premium vehicles, particularly in China and the US. Electrification efforts, with a focus on EQ models, contribute to growth. Additionally, the brand's strong product lineup, including the revamped E-Class and S-Class, supports sales. Furthermore, investments in digitalization, autonomous driving, and connectivity enhance the customer experience, driving growth.

Segment nΒ°2 -> Mercedes-Benz Mobility

Expected Growth : 1.8 %

What the company do ?

Mercedes-Benz Mobility is a mobility services segment of Mercedes-Benz Group AG, offering car-sharing, ride-hailing, and other mobility solutions.

Why we expect these perspectives ?

Mercedes-Benz Mobility's 1.8% growth is driven by increasing demand for premium mobility services, expansion of car-sharing and ride-hailing platforms, and strategic partnerships. Additionally, the rise of urbanization and changing consumer behavior towards sustainable transportation solutions contribute to the segment's growth.

Segment nΒ°3 -> Mercedes-Benz Vans

Expected Growth : 2.2 %

What the company do ?

Mercedes-Benz Vans is a division of Mercedes-Benz Group AG that produces and sells vans, including the Sprinter, Vito, and Citan models, for commercial and private use.

Why we expect these perspectives ?

Mercedes-Benz Vans' 2.2% growth is driven by increasing demand for e-commerce delivery and urban mobility, coupled with the company's strategic focus on electrification, digitalization, and expanding its product portfolio, particularly in the mid-size van segment. Additionally, investments in new technologies and production capacities have improved efficiency and enabled the company to capitalize on growing market trends.

Mercedes-Benz Group Ag Products

Product Range What is it ?
Passenger Cars Mercedes-Benz passenger cars are designed for personal transportation, offering a range of models from compact sedans to luxury SUVs.
Commercial Vehicles Mercedes-Benz commercial vehicles include trucks, buses, and vans designed for cargo and passenger transportation, construction, and emergency services.
Buses and Coaches Mercedes-Benz buses and coaches are designed for public transportation, offering a range of models for urban and intercity transportation.
Vans Mercedes-Benz vans are designed for cargo and passenger transportation, offering a range of models for commercial and private use.
Trucks Mercedes-Benz trucks are designed for heavy-duty cargo transportation, offering a range of models for long-haul and construction applications.
Financial Services Mercedes-Benz Financial Services offers financing and leasing solutions for individuals and businesses.
Mobility Services Mercedes-Benz mobility services include car-sharing, ride-hailing, and bike-sharing solutions for urban mobility.

Mercedes-Benz Group AG's Porter Forces

Mercedes-Benz Group AG faces moderate threat from substitutes, as customers have limited alternatives for luxury vehicles. However, the rise of electric vehicles and changing consumer preferences may increase the threat of substitutes in the future.

Mercedes-Benz Group AG has a diverse customer base, which reduces the bargaining power of individual customers. Additionally, the company's strong brand reputation and premium products limit customers' ability to negotiate prices.

Mercedes-Benz Group AG has a large supplier base, which reduces the bargaining power of individual suppliers. However, the company's dependence on a few critical suppliers for key components may increase the bargaining power of these suppliers.

The automotive industry has high barriers to entry, including significant capital requirements, regulatory hurdles, and the need for extensive distribution networks. These barriers limit the threat of new entrants to Mercedes-Benz Group AG.

The automotive industry is highly competitive, with several established players competing for market share. Mercedes-Benz Group AG faces intense rivalry from competitors such as BMW, Audi, and Tesla, which may lead to pricing pressures and increased marketing expenses.

Capital Structure

Value
Debt Weight 53.81%
Debt Cost 3.95%
Equity Weight 46.19%
Equity Cost 10.20%
WACC 6.84%
Leverage 116.51%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
BMW.DE Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, develops, manufactures, and sells automobiles and motorcycles, and spare parts and accessories worldwide. It operates through Automotive, Motorcycles, and Financial Services segments. …
EXO.AS Exor N.V., together with its subsidiaries, engages in the luxury goods, automotive, agricultural equipment, construction equipment, commercial vehicles, and professional football businesses. The company designs, engineers, produces, and sells luxury …
ML.PA Compagnie GΓ©nΓ©rale des Γ‰tablissements Michelin SociΓ©tΓ© en commandite par actions manufactures and sells tires worldwide. The company offers tires for private use covering cars, racing, biking, motorcycles, scooters, and mopeds; …
VOW3.DE Volkswagen AG manufactures and sells automobiles primarily in Europe, North America, South America, and the Asia-Pacific. The company operates in four segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, …
RACE.MI Ferrari N.V., through its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars. The company offers sports, GT, and special series cars; limited edition hyper cars; one-off and track …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
59.33$
Current Price
59.33$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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