MBG Stock Analysis: Mercedes-Benz | XETRA
Auto Manufacturers | XETRA, Germany | Market Cap: 37.675m EUR | 12M Return: -17.6% | DE0007100000 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 106M
EPS Trend: -98.3%
Qual. Beats: 1
Rev. Trend: -98.7%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Mercedes-Benz Group AG (XETRA: MBG) is a German automotive company headquartered in Stuttgart, founded in 1886 and formerly known as Daimler AG before adopting its current name in February 2022. The company operates globally across Europe, North America, Asia, and China through three core segments: Mercedes-Benz Cars, Mercedes-Benz Vans, and Mercedes-Benz Financial Services. It designs, manufactures, and sells passenger cars and vans under the premium and luxury brands Mercedes-Benz, Mercedes-AMG, Mercedes-Maybach, and G-Class, along with related spare parts and accessories. The Financial Services segment complements vehicle sales by offering financing, leasing, subscriptions, rentals, fleet management, insurance, and digital EV-charging services, reflecting the integrated auto-and-finance business model common among major global automakers.
Within the GICS classification, Mercedes-Benz sits in the Consumer Discretionary sector under Automobile Manufacturers, a space where competitors also pursue electrification and software-driven services alongside traditional vehicle production. Its broad portfolio spanning mass-premium to ultra-luxury positioning allows the group to target multiple price tiers, while its captive finance arm helps support unit volumes and customer retention across regions.
- China luxury car sales decline pressures Mercedes revenue and pricing
- EV transition costs and pricing competition compress Mercedes operating margins
- Chinese EV makers intensify competition in European premium segment
| Net Income: 5.03b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -2.76 > 1.0 |
| NWC/Revenue: 19.57% < 20% (prev 17.40%; Δ 2.17% < -1%) |
| CFO/TA 0.05 > 3% & CFO 13.8b > Net Income 5.03b |
| Net Debt (86.5b) to EBITDA (13.4b): 6.45 < 3 |
| Current Ratio: 1.32 > 1.5 & < 3 |
| Outstanding Shares: last quarter (957.3m) vs 12m ago -0.61% < -2% |
| Gross Margin: 16.90% > 18% (prev 18.51%; Δ -1.62% > 0.5%) |
| Asset Turnover: 50.16% > 50% (prev 54.30%; Δ -4.14% > 0%) |
| Interest Coverage Ratio: 41.21 > 6 (EBIT TTM 6.14b / Interest Expense TTM 149.0m) |
| A: 0.10 (Total Current Assets 104b - Total Current Liabilities 79.1b) / Total Assets 260b |
| B: 0.30 (Retained Earnings 77.6b / Total Assets 260b) |
| C: 0.02 (EBIT TTM 6.14b / Avg Total Assets 258b) |
| D: 0.55 (Book Value of Equity 91.8b / Total Liabilities 167b) |
| Altman-Z'' = 2.35 = BBB |
| DSRI: 1.11 (Receivables 43.4b/42.2b, Revenue 130b/139b) |
| GMI: 1.10 (GM 18.51% / 16.90%) |
| AQI: 0.98 (AQ_t 0.33 / AQ_t-1 0.34) |
| SGI: 0.93 (Revenue 130b / 139b) |
| TATA: -0.03 (NI 5.03b - CFO 13.8b) / TA 260b) |
| Beneish M = -2.92 (Cap -4..+1) = A |
As of October 18, 2026, the stock is trading at EUR 41.09 with a total of 2,654,191 shares traded. Over the past week, the price has changed by +3.78%, over one month by -11.06%, over three months by -9.72% and over the past year by -17.61%.
Current recommended Stop Loss: 39.60 (which is 3.6% or 1.4 ATR below the current price).
Mercedes-Benz has no consensus analysts rating.
P/E Trailing = 7.618
P/E Forward = 6.5963
P/S = 0.2909
P/B = 0.4496
P/EG = 0.5888
Revenue TTM = 130b EUR
EBIT TTM = 6.14b EUR
EBITDA TTM = 13.4b EUR
Long Term Debt = 52.3b EUR (from longTermDebt, last quarter)
Short Term Debt = 39.7b EUR (from shortTermDebt, last quarter)
Debt = 104b EUR (from shortLongTermDebtTotal, last quarter) + Leases 1.87b
Net Debt = 86.5b EUR (calculated: Debt 104b - CCE 17.7b)
Enterprise Value = 124b EUR (37.7b + Debt 104b - CCE 17.7b)
Interest Coverage Ratio = 41.21 (Ebit TTM 6.14b / Interest Expense TTM 149.0m)
EV/FCF = 15.56x (Enterprise Value 124b / FCF TTM 7.98b)
FCF Yield = 6.43% (FCF TTM 7.98b / Enterprise Value 124b)
FCF Margin = 6.16% (FCF TTM 7.98b / Revenue TTM 130b)
Net Margin = 3.88% (Net Income TTM 5.03b / Revenue TTM 130b)
Gross Margin = 16.90% ((Revenue TTM 130b - Cost of Revenue TTM 108b) / Revenue TTM)
Gross Margin QoQ = 18.99% (prev 17.29%)
Tobins Q-Ratio = 0.48 (Enterprise Value 124b / Total Assets 260b)
Interest Expense / Debt = 0.14% (Interest Expense 149.0m / Debt 104b)
Taxrate = 15.49% (946.0m / 6.11b)
NOPAT = 5.19b (EBIT 6.14b * (1 - 15.49%))
Current Ratio = 1.32 (Total Current Assets 104b / Total Current Liabilities 79.1b)
Debt / Equity = 1.13 (Debt 104b / totalStockholderEquity, last quarter 91.8b)
Debt / EBITDA = 6.45 (Net Debt 86.5b / EBITDA 13.4b)
Debt / FCF = 10.83 (Net Debt 86.5b / FCF TTM 7.98b)
Total Stockholder Equity = 92.7b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.95% (Net Income 5.03b / Total Assets 260b)
RoE = 5.43% (Net Income TTM 5.03b / Total Stockholder Equity 92.7b)
RoCE = 4.23% (EBIT 6.14b / Capital Employed (Equity 92.7b + L.T.Debt 52.3b))
RoIC = 2.43% (NOPAT 5.19b / Invested Capital 214b)
WACC = 2.01% (E(37.7b)/V(142b) * Re(7.24%) + D(104b)/V(142b) * Rd(0.14%) * (1-Tc(0.15)))
Discount Rate = 7.24% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -61.86 | Cagr: -3.55%
[DCF] Terminal Value 73.10% ; FCFF base≈10.8b ; Y1≈9.45b ; Y5≈7.63b
[DCF] Fair Price = 37.99 (EV 123b - Net Debt 86.5b = Equity 36.1b / Shares 949.2m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -98.29 | EPS CAGR: -24.17% | SUE: 0.86 | # QB: 1
Revenue Correlation: -98.66 | Revenue CAGR: -6.62% | SUE: 0.19 | # QB: 0
EPS current Quarter (2026-09-30): EPS=1.12 | Chg30d=-11.11% | Revisions=-25% | Analysts=1
EPS current Year (2026-12-31): EPS=5.46 | Chg30d=-0.66% | Revisions=+25% | GrowthEPS=-26.9% | GrowthRev=-2.2%
EPS next Year (2027-12-31): EPS=6.57 | Chg30d=-4.48% | Revisions=-50% | GrowthEPS=+20.4% | GrowthRev=+2.5%
[Analyst] Revisions Ratio: -38% (up=1, down=4)