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Mercedes-Benz Group AG MBG

Morningstar Rating
€73.22 −0.80 (1.08%)
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Company Report

Mercedes-Benz Is a World Leader in Premium and Luxury Automobiles

The highly regarded Mercedes-Benz brand is one of the top premium and luxury automobile names in the world. The firm is also a European leader in commercial vans. Even so, Mercedes faces stiff competition in all of its markets. The company operates in the cyclical, capital-intense, highly competitive passenger vehicle industry where changes in unit volume can create large swings in operating leverage, raw material commodity costs can be volatile, and unionized labor can be expensive.

Price vs Fair Value

MBG is trading at a 37% discount.
Price
€74.05
Fair Value
€811.00
Uncertainty
High
1-Star Price
€729.78
5-Star Price
€85.80
Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Mercedes-Benz is a highly recognizable, well-respected global premium and luxury brand, which gives the company a modest buffer against the cyclical downturns of auto sales.

Bears

The global premium car market is highly competitive, and consumers can easily switch among brands.

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News

Trading Information

Previous Close Price
€74.02
Day Range
€72.3674.36
52-Week Range
€55.0877.45
Bid/Ask
€0.00 / €0.00
Market Cap
€78.33 Bil
Volume/Avg
2.7 Mil / 2.7 Mil

Key Statistics

Price/Earnings (Normalized)
5.46
Price/Sales
0.51
Dividend Yield (Trailing)
7.02%
Dividend Yield (Forward)
7.16%
Total Yield
9.47%

Company Profile

Based in Stuttgart, Germany, Mercedes-Benz Group makes premium and luxury passenger vehicles and commercial vans. Brands include Mercedes-Benz, AMG, and Maybach. Mercedes-Benz Mobility provides the company's dealers and its customers with vehicle financing as well as mobility services in ride hailing, car sharing, and charging. Mercedes owns 9.74% of Aston Martin and 9.55% of Beijing Automotive Group. Through Tenaciou3 Prospect Investment, Li Shufu, chair of Chinese automaker Geely, owns 9.69% of Mercedes-Benz. Other major shareholders include Beijing Automotive Group at 9.98% and Kuwait Investment Authority at 4.9% (6.8% before the sale of a 1.9% stake in March 2023).
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Stock Style Box
Large Value
Total Number of Employees
166,056

Competitors

Valuation

Metric
MBG
TSLA
RNO
Price/Earnings (Normalized)
5.4659.393.41
Price/Book Value
0.868.030.48
Price/Sales
0.515.970.26
Price/Cash Flow
3.7939.382.96
Price/Earnings
MBG
TSLA
RNO

Financial Strength

Metric
MBG
TSLA
RNO
Quick Ratio
0.901.130.96
Current Ratio
1.261.731.11
Interest Coverage
29.0858.107.59
Quick Ratio
MBG
TSLA
RNO

Profitability

Metric
MBG
TSLA
RNO
Return on Assets (Normalized)
5.58%9.74%3.77%
Return on Equity (Normalized)
16.40%16.96%15.36%
Return on Invested Capital (Normalized)
8.36%13.43%4.78%
Return on Assets
MBG
TSLA
RNO
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Auto Manufacturers Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
TSLA
Tesla IncDzmrhhgcfhZplpqv$517.1 Bil
TM
Toyota Motor Corp ADRCmdbqzhzTdx$305.6 Bil
MBGAF
Mercedes-Benz Group AGKwwnnlmhZnvgm$84.4 Bil
RACE
Ferrari NVXxstndqbLzfy$75.8 Bil
STLA
Stellantis NVHpbvxqsRlcx$74.8 Bil
BMWYY
Bayerische Motoren Werke AG ADRFgpnsywkHpqdfh$72.4 Bil
VWAGY
Volkswagen AG ADRXgxjfjcpFmhn$70.5 Bil
VWAPY
Volkswagen AG ADRPcsczckwSwckm$70.4 Bil
HMC
Honda Motor Co Ltd ADRRvgbbqfsBkmqx$55.0 Bil
GM
General Motors CoNfcprjjhQhln$51.4 Bil

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