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Mercedes-Benz Group AG
XETRA:MBG

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Mercedes-Benz Group AG
XETRA:MBG
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Price: 49.585 EUR 1.7% Market Closed
Market Cap: €47.7B

P/FCFE

18.2
Current
91%
More Expensive
vs 3-y average of 9.5

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
18.2
=
Market Cap
€47.5B
/
Free Cash Flow to Equity
€2.6B

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
18.2
=
Market Cap
€47.5B
/
Free Cash Flow to Equity
€2.6B

Valuation Scenarios

Mercedes-Benz Group AG is trading above its 3-year average

If P/FCFE returns to its 3-Year Average (9.5), the stock would be worth €26.03 (48% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-64%
Maximum Upside
+64%
Average Downside
7%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 18.2 €49.59
0%
3-Year Average 9.5 €26.03
-48%
5-Year Average 6.6 €17.95
-64%
Industry Average 29.9 €81.5
+64%
Country Average 22 €59.94
+21%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
Market Cap P/FCFE P/E
DE
Mercedes-Benz Group AG
XETRA:MBG
47.5B EUR 18.2 9.7
US
Tesla Inc
NASDAQ:TSLA
1.5T USD 173.8 380
JP
Toyota Motor Corp
TSE:7203
39.1T JPY 215.9 10.6
CN
BYD Co Ltd
SZSE:002594
938.9B CNY 44.9 34.9
KR
Hyundai Motor Co
KRX:005380
139.5T KRW -53.9 14.8
DE
Mercedes Benz Group AG
MIL:MBG
75.3B EUR 10.5 4.9
DE
Daimler AG
XETRA:DAI
67.5B EUR -401.7 3.7
US
General Motors Co
NYSE:GM
68.5B USD -10 21.5
IT
Ferrari NV
MIL:RACE
56.9B EUR 59 35.5
DE
Bayerische Motoren Werke AG
XETRA:BMW
47.3B EUR 15.4 6.5
DE
Volkswagen AG
XETRA:VOW
44.1B EUR -6 6.6

Market Distribution

In line with most companies in Germany
Percentile
43nd
Based on 1 747 companies
43nd percentile
18.2
Low
0.3 — 12.8
Typical Range
12.8 — 33.7
High
33.7 —
Distribution Statistics
Germany
Min 0.3
30th Percentile 12.8
Median 22
70th Percentile 33.7
Max 8 508.8

Mercedes-Benz Group AG
Glance View

Mercedes-Benz Group AG, a titan of the global automotive industry, traces its roots to the pioneering days of the automobile in the late 19th century. With its headquarters in Stuttgart, Germany, the company has consistently positioned itself as a symbol of luxury, engineering excellence, and innovation. From its outset, Mercedes-Benz forged a path of technological advancement and premium quality, becoming renowned for its passenger vehicles that blend performance, luxury, and safety. As a vertically integrated company, it not only designs and manufactures vehicles but also invests significantly in research and development to maintain its competitive edge and uphold its reputation for innovation. The brand's strong identity is magnified through its iconic three-pointed star, signifying dominance over land, sea, and air—a testament to its broad ambitions and achievements. Today, Mercedes-Benz Group AG generates revenue through several strategic channels. Primarily, it earns from the sale of its high-end automobiles, ranging from sedans and SUVs to sports cars and electric vehicles. In recent years, the company has expanded its portfolio to embrace the electric revolution with its EQ lineup, signifying a dedicated shift toward sustainable mobility. Additionally, Mercedes-Benz leverages its finance and leasing services, providing flexible purchasing options to its clientele. Further diversifying its income streams, the company capitalizes on after-sales services, including maintenance and parts distribution, ensuring a continuous engagement with its customer base. This multi-faceted approach not only solidifies its position in the luxury automotive market but also ensures a sustained revenue flow that stands resilient against the changing tides of the automobile industry.

MBG Intrinsic Value
69.441 EUR
Undervaluation 29%
Intrinsic Value
Price €49.585
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