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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: 49.03 EUR -1% Market Closed
Market Cap: €47.2B

P/OCF

2.6
Current
31%
Cheaper
vs 3-y average of 3.8

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
2.6
=
Market Cap
€47.7B
/
Operating Cash Flow
€18B

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
2.6
=
Market Cap
€47.7B
/
Operating Cash Flow
€18B

Valuation Scenarios

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

If P/OCF returns to its 3-Year Average (3.8), the stock would be worth €71.39 (46% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+233%
Average Upside
86%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 2.6 €49.03
0%
3-Year Average 3.8 €71.39
+46%
5-Year Average 3 €55.71
+14%
Industry Average 4 €74.62
+52%
Country Average 8.7 €163.47
+233%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
DE
Mercedes-Benz Group AG
XETRA:MBG
46.9B EUR 2.6 9.1
US
Tesla Inc
NASDAQ:TSLA
1.4T USD 85.4 365.6
JP
Toyota Motor Corp
TSE:7203
40.6T JPY 8.9 11
CN
BYD Co Ltd
SZSE:002594
925.2B CNY 16.4 30
KR
Hyundai Motor Co
KRX:005380
145.8T KRW -24.3 15.4
DE
Mercedes Benz Group AG
MIL:MBG
75.3B EUR 4.6 4.9
DE
Daimler AG
XETRA:DAI
67.5B EUR 2.6 3.7
US
General Motors Co
NYSE:GM
71.4B USD 2.7 22.4
IT
Ferrari NV
MIL:RACE
57.4B EUR 24 35.2
DE
Bayerische Motoren Werke AG
XETRA:BMW
48.2B EUR 5.9 6.6
US
Ford Motor Co
NYSE:F
52.2B USD 2.5 -6.4
P/E Multiple
Earnings Growth PEG
DE
Mercedes-Benz Group AG
XETRA:MBG
Average P/E: 50.4
9.1
19%
0.5
US
Tesla Inc
NASDAQ:TSLA
365.6
49%
7.5
JP
Toyota Motor Corp
TSE:7203
11
0%
N/A
CN
BYD Co Ltd
SZSE:002594
30
27%
1.1
KR
Hyundai Motor Co
KRX:005380
15.4
14%
1.1
DE
Mercedes Benz Group AG
MIL:MBG
4.9
0%
N/A
DE
Daimler AG
XETRA:DAI
3.7
N/A N/A
US
General Motors Co
NYSE:GM
22.4
62%
0.4
IT
Ferrari NV
MIL:RACE
35.2
12%
2.9
DE
Bayerische Motoren Werke AG
XETRA:BMW
6.6
5%
1.3
US
Ford Motor Co
NYSE:F
Negative Multiple: -6.4 N/A N/A

Market Distribution

Lower than 93% of companies in Germany
Percentile
7th
Based on 2 380 companies
7th percentile
2.6
Low
0.3 — 5.5
Typical Range
5.5 — 14
High
14 —
Distribution Statistics
Germany
Min 0.3
30th Percentile 5.5
Median 8.7
70th Percentile 14
Max 2 516.3

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
70.15 EUR
Undervaluation 30%
Intrinsic Value
Price €49.03
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