Despite its superior scale as the largest Western truck manufacturer and its dominant position in the oligopolistic US truck market, Daimler Truck’s financial performance has lagged its peers. While its North American Truck segment generates industry-leading margins, the group’s performance is burdened by the uncompetitively high cost of its European operations.
Daimler’s Freightliner has been the go-to brand for Class 8 trucks in the US for decades, selling more than twice as many trucks as the next largest brand. This scale is unlikely to be replicated.
Over the medium term to longer term, the Chinese first-mover advantage in scaled ZEV technology could pose a threat to the oligopoly’s historically stable market shares in key regions.
|
Metric
|
DTG
|
VOLV B
|
PCAR
|
|---|---|---|---|
Price/Earnings (Normalized) | 31.89 | 19.02 | 27.84 |
Price/Book Value | 1.57 | 4.03 | 3.43 |
Price/Sales | 0.79 | 1.51 | 2.51 |
Price/Cash Flow | 9.53 | 11.32 | 18.57 |
|
Metric
|
DTG
|
VOLV B
|
PCAR
|
|---|---|---|---|
Quick Ratio | 1.23 | 0.81 | 2.81 |
Current Ratio | 1.70 | 1.10 | 3.12 |
Interest Coverage | 4.71 | 27.91 | — |
|
Metric
|
DTG
|
VOLV B
|
PCAR
|
|---|---|---|---|
Return on Assets (Normalized) | 1.52% | 5.38% | 5.69% |
Return on Equity (Normalized) | 5.14% | 20.36% | 12.82% |
Return on Invested Capital (Normalized) | 2.22% | 8.31% | 7.01% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Caterpillar Inc
CAT
| LOCK|^$MK&myD | LOCK|q!J | $388B | |||
| Deere & Co
DE
| LOCK|%@qG?gC | LOCK|@% | $167B | |||
| Volvo AB Class B
VOLVF
| — | LOCK|s?Xr^ | $75B | |||
| Volvo AB Class A
VOLAF
| — | LOCK|>xttM | $75B | |||
| Volvo AB ADR
VLVLY
| — | LOCK|$%mC^ | $75B | |||
| PACCAR Inc
PCAR
| LOCK|@?t@Yy | LOCK|Z!b> | $70B | |||
| CNH Industrial NV
CNH
| LOCK|@Xw^tCz | LOCK|?j@#f | $17B | |||
| Oshkosh Corp
OSK
| LOCK|D%%l^x | LOCK|?#?% | $10B | |||
| Terex Corp
TEX
| LOCK|G%<^jp | LOCK|ZNMTs | $8B | |||
| AGCO Corp
AGCO
| LOCK|J?SWrY$ | LOCK|^cf | $7B |
United States