MERCEDES-BENZ GROUP AG (MBG.DE) Stock Fundamental Analysis
FRA:MBG - Deutsche Boerse Ag - DE0007100000 - Common Stock - Currency: EUR
Taking everything into account, MBG scores 5 out of 10 in our fundamental rating. MBG was compared to 28 industry peers in the Automobiles industry. Both the profitability and the financial health of MBG get a neutral evaluation. Nothing too spectacular is happening here. MBG is valued correctly, but it does not seem to be growing. MBG also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year MBG was profitable.
In the past year MBG had a positive cash flow from operations.
Each year in the past 5 years MBG has been profitable.
MBG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 3.41%, MBG is doing good in the industry, outperforming 71.43% of the companies in the same industry.
The Return On Equity of MBG (9.45%) is better than 64.29% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.36%, MBG is in line with its industry, outperforming 57.14% of the companies in the same industry.
MBG had an Average Return On Invested Capital over the past 3 years of 6.43%. This is in line with the industry average of 6.64%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.41% | ||
| ROE | 9.45% | ||
| ROIC | 4.36% |
ROA(3y)4.95%
ROA(5y)4.99%
ROE(3y)14.51%
ROE(5y)16.3%
ROIC(3y)6.43%
ROIC(5y)5.71%
1.3 Margins
MBG has a Profit Margin of 6.23%. This is in the better half of the industry: MBG outperforms 71.43% of its industry peers.
In the last couple of years the Profit Margin of MBG has grown nicely.
MBG has a better Operating Margin (7.79%) than 75.00% of its industry peers.
MBG's Operating Margin has improved in the last couple of years.
The Gross Margin of MBG (19.61%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of MBG has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.79% | ||
| PM (TTM) | 6.23% | ||
| GM | 19.61% |
OM growth 3Y-9.61%
OM growth 5Y7.69%
PM growth 3Y-25.83%
PM growth 5Y38.49%
GM growth 3Y-5.7%
GM growth 5Y-1.14%
2. Health
2.1 Basic Checks
MBG has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for MBG has been reduced compared to 1 year ago.
Compared to 5 years ago, MBG has less shares outstanding
The debt/assets ratio for MBG is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.40, we must say that MBG is in the distress zone and has some risk of bankruptcy.
MBG has a Altman-Z score of 1.40. This is comparable to the rest of the industry: MBG outperforms 57.14% of its industry peers.
The Debt to FCF ratio of MBG is 10.17, which is on the high side as it means it would take MBG, 10.17 years of fcf income to pay off all of its debts.
MBG's Debt to FCF ratio of 10.17 is fine compared to the rest of the industry. MBG outperforms 64.29% of its industry peers.
A Debt/Equity ratio of 0.73 indicates that MBG is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.73, MBG is in line with its industry, outperforming 53.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 10.17 | ||
| Altman-Z | 1.4 |
ROIC/WACC0.68
WACC6.37%
2.3 Liquidity
MBG has a Current Ratio of 1.34. This is a normal value and indicates that MBG is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of MBG (1.34) is better than 64.29% of its industry peers.
A Quick Ratio of 0.98 indicates that MBG may have some problems paying its short term obligations.
With a decent Quick ratio value of 0.98, MBG is doing good in the industry, outperforming 64.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.34 | ||
| Quick Ratio | 0.98 |
3. Growth
3.1 Past
The earnings per share for MBG have decreased strongly by -28.19% in the last year.
The Earnings Per Share has been growing by 9.17% on average over the past years. This is quite good.
MBG shows a decrease in Revenue. In the last year, the revenue decreased by -5.69%.
MBG shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -3.36% yearly.
EPS 1Y (TTM)-28.19%
EPS 3Y-4.91%
EPS 5Y9.17%
EPS Q2Q%-39.16%
Revenue 1Y (TTM)-5.69%
Revenue growth 3Y2.83%
Revenue growth 5Y-3.36%
Sales Q2Q%-7.38%
3.2 Future
Based on estimates for the next years, MBG will show a small growth in Earnings Per Share. The EPS will grow by 4.76% on average per year.
Based on estimates for the next years, MBG will show a decrease in Revenue. The Revenue will decrease by -0.04% on average per year.
EPS Next Y-20.05%
EPS Next 2Y-5.08%
EPS Next 3Y1.65%
EPS Next 5Y4.76%
Revenue Next Year-3.56%
Revenue Next 2Y-1.7%
Revenue Next 3Y-0.13%
Revenue Next 5Y-0.04%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 5.61, the valuation of MBG can be described as very cheap.
Based on the Price/Earnings ratio, MBG is valued cheaper than 82.14% of the companies in the same industry.
MBG is valuated cheaply when we compare the Price/Earnings ratio to 27.28, which is the current average of the S&P500 Index.
MBG is valuated cheaply with a Price/Forward Earnings ratio of 5.54.
Based on the Price/Forward Earnings ratio, MBG is valued a bit cheaper than the industry average as 60.71% of the companies are valued more expensively.
MBG is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.61 | ||
| Fwd PE | 5.54 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MBG is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, MBG is valued a bit cheaper than 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.69 | ||
| EV/EBITDA | 6.44 |
4.3 Compensation for Growth
The decent profitability rating of MBG may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.61
EPS Next 2Y-5.08%
EPS Next 3Y1.65%
5. Dividend
5.1 Amount
MBG has a Yearly Dividend Yield of 8.93%, which is a nice return.
MBG's Dividend Yield is rather good when compared to the industry average which is at 5.94. MBG pays more dividend than 96.43% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.42, MBG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.93% |
5.2 History
The dividend of MBG is nicely growing with an annual growth rate of 11.89%!
Dividend Growth(5Y)11.89%
Div Incr Years1
Div Non Decr Years3
5.3 Sustainability
MBG pays out 61.56% of its income as dividend. This is not a sustainable payout ratio.
The dividend of MBG is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP61.56%
EPS Next 2Y-5.08%
EPS Next 3Y1.65%
FRA:MBG (7/3/2025, 12:39:17 PM)
50.89
+0.17 (+0.34%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)
Earnings (Next)
Inst Owners27.7%
Inst Owner ChangeN/A
Ins Owners9.69%
Ins Owner ChangeN/A
Market Cap49.00B
Analysts66
Price Target61.62 (21.08%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.93% |
Yearly Dividend5.7
Dividend Growth(5Y)11.89%
DP61.56%
Div Incr Years1
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-9.27%
Min EPS beat(2)-26.77%
Max EPS beat(2)8.22%
EPS beat(4)2
Avg EPS beat(4)-5.35%
Min EPS beat(4)-26.77%
Max EPS beat(4)8.22%
EPS beat(8)5
Avg EPS beat(8)0.18%
EPS beat(12)8
Avg EPS beat(12)3.7%
EPS beat(16)11
Avg EPS beat(16)2.56%
Revenue beat(2)0
Avg Revenue beat(2)-4.04%
Min Revenue beat(2)-5.11%
Max Revenue beat(2)-2.97%
Revenue beat(4)0
Avg Revenue beat(4)-4.34%
Min Revenue beat(4)-6.62%
Max Revenue beat(4)-2.66%
Revenue beat(8)1
Avg Revenue beat(8)-2.79%
Revenue beat(12)4
Avg Revenue beat(12)-1.1%
Revenue beat(16)5
Avg Revenue beat(16)-4.2%
PT rev (1m)-1.09%
PT rev (3m)-7.47%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-15.83%
EPS NY rev (1m)0%
EPS NY rev (3m)-13.2%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.93%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.61 | ||
| Fwd PE | 5.54 | ||
| P/S | 0.34 | ||
| P/FCF | 4.69 | ||
| P/OCF | 2.56 | ||
| P/B | 0.52 | ||
| P/tB | 0.66 | ||
| EV/EBITDA | 6.44 |
EPS(TTM)9.07
EY17.82%
EPS(NY)9.18
Fwd EY18.04%
FCF(TTM)10.86
FCFY21.34%
OCF(TTM)19.89
OCFY39.08%
SpS148.45
BVpS97.94
TBVpS77.62
PEG (NY)N/A
PEG (5Y)0.61
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.41% | ||
| ROE | 9.45% | ||
| ROCE | 5.97% | ||
| ROIC | 4.36% | ||
| ROICexc | 5.04% | ||
| ROICexgc | 5.73% | ||
| OM | 7.79% | ||
| PM (TTM) | 6.23% | ||
| GM | 19.61% | ||
| FCFM | 7.31% |
ROA(3y)4.95%
ROA(5y)4.99%
ROE(3y)14.51%
ROE(5y)16.3%
ROIC(3y)6.43%
ROIC(5y)5.71%
ROICexc(3y)7.38%
ROICexc(5y)6.66%
ROICexgc(3y)8.3%
ROICexgc(5y)7.47%
ROCE(3y)8.81%
ROCE(5y)7.83%
ROICexcg growth 3Y-11.79%
ROICexcg growth 5Y5.18%
ROICexc growth 3Y-12.12%
ROICexc growth 5Y4.64%
OM growth 3Y-9.61%
OM growth 5Y7.69%
PM growth 3Y-25.83%
PM growth 5Y38.49%
GM growth 3Y-5.7%
GM growth 5Y-1.14%
F-Score4
Asset Turnover0.55
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 10.17 | ||
| Debt/EBITDA | 3.78 | ||
| Cap/Depr | 124.59% | ||
| Cap/Sales | 6.08% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 105.71% | ||
| Profit Quality | 117.33% | ||
| Current Ratio | 1.34 | ||
| Quick Ratio | 0.98 | ||
| Altman-Z | 1.4 |
F-Score4
WACC6.37%
ROIC/WACC0.68
Cap/Depr(3y)119%
Cap/Depr(5y)111.49%
Cap/Sales(3y)5.31%
Cap/Sales(5y)5.69%
Profit Quality(3y)67.22%
Profit Quality(5y)131.2%
High Growth Momentum
Growth
EPS 1Y (TTM)-28.19%
EPS 3Y-4.91%
EPS 5Y9.17%
EPS Q2Q%-39.16%
EPS Next Y-20.05%
EPS Next 2Y-5.08%
EPS Next 3Y1.65%
EPS Next 5Y4.76%
Revenue 1Y (TTM)-5.69%
Revenue growth 3Y2.83%
Revenue growth 5Y-3.36%
Sales Q2Q%-7.38%
Revenue Next Year-3.56%
Revenue Next 2Y-1.7%
Revenue Next 3Y-0.13%
Revenue Next 5Y-0.04%
EBIT growth 1Y-29.03%
EBIT growth 3Y-7.05%
EBIT growth 5Y4.07%
EBIT Next Year26.13%
EBIT Next 3Y14.2%
EBIT Next 5Y11.03%
FCF growth 1Y-1.27%
FCF growth 3Y-19.16%
FCF growth 5YN/A
OCF growth 1Y7.01%
OCF growth 3Y-10.2%
OCF growth 5Y17.59%