(MBG) Mercedes-Benz - Ratings and Ratios
Cars, Vans, Financing, Mobility
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 7.48% |
| Yield on Cost 5y | 12.66% |
| Yield CAGR 5y | 33.60% |
| Payout Consistency | 75.7% |
| Payout Ratio | 48.7% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 24.6% |
| Value at Risk 5%th | 40.5% |
| Relative Tail Risk | 0.23% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.61 |
| Alpha | 12.88 |
| CAGR/Max DD | 0.15 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.565 |
| Beta | 0.204 |
| Beta Downside | 0.262 |
| Drawdowns 3y | |
|---|---|
| Max DD | 34.38% |
| Mean DD | 13.74% |
| Median DD | 14.81% |
Description: MBG Mercedes-Benz September 29, 2025
Mercedes-Benz Group AG (XETRA: MBG) is a German-based automotive conglomerate that designs, manufactures, and sells passenger cars and commercial vans under the Mercedes-Benz, Mercedes-AMG, Mercedes-Maybach, and G-Class marques, complemented by a portfolio of spare parts and accessories.
The firm operates through three primary segments: Mercedes-Benz Cars, Mercedes-Benz Vans, and Mercedes-Benz Mobility. The Mobility arm delivers financing, leasing, subscription, rental, fleet management, insurance brokerage, and digital services such as charging-station payment solutions, thereby monetising the brand beyond vehicle sales.
Historically known as Daimler AG, the company rebranded to Mercedes-Benz Group AG in February 2022. Founded in 1886 and headquartered in Stuttgart, it remains one of the world’s oldest and most recognizable automotive manufacturers.
Recent data (FY 2023) show total revenue of roughly €150 billion, with an adjusted EBIT margin of about 9 % and a free-cash-flow conversion rate near 6 %. Electric-vehicle (EV) sales now represent ~20 % of total deliveries, reflecting the group’s accelerated rollout of the EQ line and the impact of EU CO₂-emission standards. Key macro drivers include tightening European emission regulations, the ongoing semiconductor shortage that constrains production capacity, and the sensitivity of vehicle-financing demand to prevailing interest-rate cycles.
For a deeper quantitative breakdown of MBG’s valuation metrics and scenario analysis, the ValueRay platform offers a useful starting point.
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income (6.25b TTM) > 0 and > 6% of Revenue (6% = 8.22b TTM) |
| FCFTA 0.06 (>2.0%) and ΔFCFTA 2.43pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 15.28% (prev 18.64%; Δ -3.36pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.08 (>3.0%) and CFO 20.80b > Net Income 6.25b (YES >=105%, WARN >=100%) |
| Net Debt (88.68b) to EBITDA (15.57b) ratio: 5.70 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.27 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (962.9m) change vs 12m ago 0.57% (target <= -2.0% for YES) |
| Gross Margin 17.85% (prev 19.90%; Δ -2.05pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 52.90% (prev 56.26%; Δ -3.36pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 67.13 (EBITDA TTM 15.57b / Interest Expense TTM 125.0m) >= 6 (WARN >= 3) |
Altman Z'' 2.23
| (A) 0.08 = (Total Current Assets 97.27b - Total Current Liabilities 76.34b) / Total Assets 255.84b |
| (B) 0.30 = Retained Earnings (Balance) 75.62b / Total Assets 255.84b |
| (C) 0.03 = EBIT TTM 8.39b / Avg Total Assets 258.93b |
| (D) 0.49 = Book Value of Equity 79.99b / Total Liabilities 163.23b |
| Total Rating: 2.23 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 55.76
| 1. Piotroski 4.50pt |
| 2. FCF Yield 10.83% |
| 3. FCF Margin 10.74% |
| 4. Debt/Equity 1.12 |
| 5. Debt/Ebitda 5.70 |
| 6. ROIC - WACC (= 4.13)% |
| 7. RoE 6.77% |
| 8. Rev. Trend -43.74% |
| 9. EPS Trend -65.63% |
What is the price of MBG shares?
Over the past week, the price has changed by +0.95%, over one month by +6.50%, over three months by +6.44% and over the past year by +19.50%.
Is MBG a buy, sell or hold?
What are the forecasts/targets for the MBG price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 61.9 | 7.6% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 65.4 | 13.8% |
MBG Fundamental Data Overview November 27, 2025
Market Cap EUR = 56.06b (56.06b EUR * 1.0 EUR.EUR)
P/E Trailing = 8.9846
P/E Forward = 9.2764
P/S = 0.4093
P/B = 0.6036
P/EG = 4.3739
Beta = 0.726
Revenue TTM = 136.97b EUR
EBIT TTM = 8.39b EUR
EBITDA TTM = 15.57b EUR
Long Term Debt = 60.84b EUR (from longTermDebt, last fiscal year)
Short Term Debt = 38.35b EUR (from shortTermDebt, last quarter)
Debt = 102.34b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 88.68b EUR (from netDebt column, last quarter)
Enterprise Value = 135.91b EUR (56.06b + Debt 102.34b - CCE 22.50b)
Interest Coverage Ratio = 67.13 (Ebit TTM 8.39b / Interest Expense TTM 125.0m)
FCF Yield = 10.83% (FCF TTM 14.71b / Enterprise Value 135.91b)
FCF Margin = 10.74% (FCF TTM 14.71b / Revenue TTM 136.97b)
Net Margin = 4.56% (Net Income TTM 6.25b / Revenue TTM 136.97b)
Gross Margin = 17.85% ((Revenue TTM 136.97b - Cost of Revenue TTM 112.53b) / Revenue TTM)
Gross Margin QoQ = 15.58% (prev 16.41%)
Tobins Q-Ratio = 0.53 (Enterprise Value 135.91b / Total Assets 255.84b)
Interest Expense / Debt = 0.02% (Interest Expense 22.0m / Debt 102.34b)
Taxrate = -39.67% (negative due to tax credits) (-338.0m / 852.0m)
NOPAT = 11.72b (EBIT 8.39b * (1 - -39.67%)) [negative tax rate / tax credits]
Current Ratio = 1.27 (Total Current Assets 97.27b / Total Current Liabilities 76.34b)
Debt / Equity = 1.12 (Debt 102.34b / totalStockholderEquity, last quarter 91.71b)
Debt / EBITDA = 5.70 (Net Debt 88.68b / EBITDA 15.57b)
Debt / FCF = 6.03 (Net Debt 88.68b / FCF TTM 14.71b)
Total Stockholder Equity = 92.37b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.44% (Net Income 6.25b / Total Assets 255.84b)
RoE = 6.77% (Net Income TTM 6.25b / Total Stockholder Equity 92.37b)
RoCE = 5.48% (EBIT 8.39b / Capital Employed (Equity 92.37b + L.T.Debt 60.84b))
RoIC = 6.54% (NOPAT 11.72b / Invested Capital 179.15b)
WACC = 2.42% (E(56.06b)/V(158.40b) * Re(6.77%) + D(102.34b)/V(158.40b) * Rd(0.02%) * (1-Tc(-0.40)))
Discount Rate = 6.77% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: -100.0 | Cagr: -3.91%
[DCF Debug] Terminal Value 75.40% ; FCFE base≈12.31b ; Y1≈10.31b ; Y5≈7.66b
Fair Price DCF = 146.2 (DCF Value 140.73b / Shares Outstanding 962.9m; 5y FCF grow -19.68% → 3.0% )
EPS Correlation: -65.63 | EPS CAGR: -33.09% | SUE: 4.0 | # QB: 1
Revenue Correlation: -43.74 | Revenue CAGR: -2.42% | SUE: -0.95 | # QB: 0