(DTG) Daimler Truck Holding - Overview
Trucks, Buses, Engines, Chassis, Services
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 5.00% |
| Yield on Cost 5y | 6.62% |
| Yield CAGR 5y | 20.89% |
| Payout Consistency | 98.8% |
| Payout Ratio | 45.3% |
| Risk 5d forecast | |
|---|---|
| Volatility | 32.8% |
| Relative Tail Risk | -13.0% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.11 |
| Alpha | -5.36 |
| Character TTM | |
|---|---|
| Beta | 0.378 |
| Beta Downside | 0.408 |
| Drawdowns 3y | |
|---|---|
| Max DD | 34.57% |
| CAGR/Max DD | 0.46 |
Description: DTG Daimler Truck Holding December 17, 2025
Daimler Truck Holding AG (XETRA: DTG) designs, manufactures and sells a full range of light, medium and heavy-duty trucks, as well as city, intercity and coach buses, across Europe, North America, Asia, Latin America and other international markets. Its operations are organised into five reporting segments – Trucks North America, Mercedes-Benz Trucks, Trucks Asia, Daimler Buses and Financial Services – and the portfolio is sold under brands such as Mercedes-Benz, Freightliner, Western Star, FUSO, BharatBenz, RIZON, Setra and Thomas Built Buses.
As of FY 2023 the company reported revenue of roughly €45 billion and an adjusted EBIT margin of about 6 %, consistent with the historical range of 5-7 % for the heavy-vehicle sector. The Financial Services arm contributed roughly €5 billion of revenue, reflecting the importance of leasing and rental in a capital-intensive market. Key performance indicators that analysts watch include truck-unit volumes (≈ 800 k units in 2023), average selling price trends (up ≈ 3 % YoY) and order-backlog levels (≈ €12 billion at year-end), which together drive cash-flow generation for both the manufacturing and financing businesses.
Sector-wide, DTG’s outlook is shaped by three primary drivers: (1) the global shift toward zero-emission commercial vehicles – accelerated by EU CO₂ standards and US state mandates – which is prompting the rollout of electric drivetrains and related charging infrastructure; (2) cyclical freight demand that correlates with macro-economic activity, especially in North America where e-commerce growth has lifted truck orders; and (3) tightening credit conditions that can suppress leasing activity, a risk that the firm mitigates through its diversified financial services platform. If you want a deeper quantitative assessment, you might explore ValueRay’s detailed valuation models for DTG.
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income: 2.23b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 6.28 > 1.0 |
| NWC/Revenue: 41.85% < 20% (prev 27.26%; Δ 14.58% < -1%) |
| CFO/TA 0.06 > 3% & CFO 4.23b > Net Income 2.23b |
| Net Debt (21.75b) to EBITDA (4.24b): 5.13 < 3 |
| Current Ratio: 2.03 > 1.5 & < 3 |
| Outstanding Shares: last quarter (766.0m) vs 12m ago -3.40% < -2% |
| Gross Margin: 19.42% > 18% (prev 0.21%; Δ 1921 % > 0.5%) |
| Asset Turnover: 67.51% > 50% (prev 74.58%; Δ -7.08% > 0%) |
| Interest Coverage Ratio: 8.77 > 6 (EBITDA TTM 4.24b / Interest Expense TTM 355.0m) |
Altman Z'' 2.75
| A: 0.29 (Total Current Assets 40.35b - Total Current Liabilities 19.84b) / Total Assets 71.93b |
| B: 0.13 (Retained Earnings 9.57b / Total Assets 71.93b) |
| C: 0.04 (EBIT TTM 3.11b / Avg Total Assets 72.62b) |
| D: 0.15 (Book Value of Equity 7.65b / Total Liabilities 50.38b) |
| Altman-Z'' Score: 2.75 = A |
Beneish M -2.97
| DSRI: 1.12 (Receivables 15.59b/15.59b, Revenue 49.02b/54.68b) |
| GMI: 1.08 (GM 19.42% / 20.99%) |
| AQI: 0.98 (AQ_t 0.29 / AQ_t-1 0.30) |
| SGI: 0.90 (Revenue 49.02b / 54.68b) |
| TATA: -0.03 (NI 2.23b - CFO 4.23b) / TA 71.93b) |
| Beneish M-Score: -2.97 (Cap -4..+1) = A |
What is the price of DTG shares?
Over the past week, the price has changed by +1.16%, over one month by +12.89%, over three months by +20.05% and over the past year by +11.62%.
Is DTG a buy, sell or hold?
What are the forecasts/targets for the DTG price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 42.5 | 1.6% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 47.9 | 14.4% |
DTG Fundamental Data Overview January 27, 2026
P/E Trailing = 14.3007
P/E Forward = 12.6743
P/S = 0.6168
P/B = 1.5084
P/EG = 2.0371
Revenue TTM = 49.02b EUR
EBIT TTM = 3.11b EUR
EBITDA TTM = 4.24b EUR
Long Term Debt = 16.50b EUR (from longTermDebt, last fiscal year)
Short Term Debt = 7.15b EUR (from shortTermDebt, last quarter)
Debt = 29.42b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 21.75b EUR (from netDebt column, last quarter)
Enterprise Value = 50.64b EUR (31.36b + Debt 29.42b - CCE 10.13b)
Interest Coverage Ratio = 8.77 (Ebit TTM 3.11b / Interest Expense TTM 355.0m)
EV/FCF = 19.29x (Enterprise Value 50.64b / FCF TTM 2.62b)
FCF Yield = 5.18% (FCF TTM 2.62b / Enterprise Value 50.64b)
FCF Margin = 5.35% (FCF TTM 2.62b / Revenue TTM 49.02b)
Net Margin = 4.54% (Net Income TTM 2.23b / Revenue TTM 49.02b)
Gross Margin = 19.42% ((Revenue TTM 49.02b - Cost of Revenue TTM 39.51b) / Revenue TTM)
Gross Margin QoQ = 17.55% (prev 18.25%)
Tobins Q-Ratio = 0.70 (Enterprise Value 50.64b / Total Assets 71.93b)
Interest Expense / Debt = 0.28% (Interest Expense 82.0m / Debt 29.42b)
Taxrate = 28.47% (162.0m / 569.0m)
NOPAT = 2.23b (EBIT 3.11b * (1 - 28.47%))
Current Ratio = 2.03 (Total Current Assets 40.35b / Total Current Liabilities 19.84b)
Debt / Equity = 1.40 (Debt 29.42b / totalStockholderEquity, last quarter 20.98b)
Debt / EBITDA = 5.13 (Net Debt 21.75b / EBITDA 4.24b)
Debt / FCF = 8.29 (Net Debt 21.75b / FCF TTM 2.62b)
Total Stockholder Equity = 21.52b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.07% (Net Income 2.23b / Total Assets 71.93b)
RoE = 10.35% (Net Income TTM 2.23b / Total Stockholder Equity 21.52b)
RoCE = 8.19% (EBIT 3.11b / Capital Employed (Equity 21.52b + L.T.Debt 16.50b))
RoIC = 4.62% (NOPAT 2.23b / Invested Capital 48.21b)
WACC = 3.87% (E(31.36b)/V(60.78b) * Re(7.31%) + D(29.42b)/V(60.78b) * Rd(0.28%) * (1-Tc(0.28)))
Discount Rate = 7.31% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -100.0 | Cagr: -2.51%
[DCF Debug] Terminal Value 80.82% ; FCFF base≈2.62b ; Y1≈1.72b ; Y5≈786.2m
Fair Price DCF = 4.31 (EV 25.05b - Net Debt 21.75b = Equity 3.30b / Shares 765.6m; r=5.90% [WACC]; 5y FCF grow -40.0% → 2.90% )
[DCF Warning] FCF declining rapidly (-40.0%), DCF may be unreliable
EPS Correlation: -10.40 | EPS CAGR: -23.73% | SUE: -0.76 | # QB: 0
Revenue Correlation: 1.58 | Revenue CAGR: -1.92% | SUE: -1.22 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.63 | Chg30d=-0.598 | Revisions Net=-1 | Analysts=1
EPS next Year (2026-12-31): EPS=3.84 | Chg30d=-0.142 | Revisions Net=-3 | Growth EPS=+9.7% | Growth Revenue=+3.9%