Mercedes-Benz Group (ETR:MBG) Has A Somewhat Strained Balance Sheet
Dec 04
German (DAX) Auto Industry Analysis
UpdatedDec 05, 2023
DataAggregated Company Financials
Companies10
- 7D1.5%
- 3M-8.3%
- 1Y-12.7%
- YTD-5.7%
The Auto industry is up 1.5% in the last week, with Mercedes-Benz Group up 6.0%. In the same time, ARI Motors Industrie was down 55%. In contrast, the industry has lost 13% in the last 12 months. Earnings are forecast to grow by 1.2% annually.
Industry Valuation and Performance
Has the German Auto Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 06 Dec 2023 | €272.0b | €660.0b | €49.2b | 4.9x | 5.5x | 0.4x |
| Fri, 03 Nov 2023 | €266.1b | €658.7b | €48.7b | 4.7x | 5.5x | 0.4x |
| Sun, 01 Oct 2023 | €288.1b | €650.1b | €47.0b | 5.5x | 6.1x | 0.4x |
| Tue, 29 Aug 2023 | €304.8b | €650.1b | €47.0b | 5.5x | 6.5x | 0.5x |
| Thu, 27 Jul 2023 | €331.4b | €634.7b | €48.0b | 6.1x | 6.9x | 0.5x |
| Sat, 24 Jun 2023 | €331.9b | €634.7b | €48.0b | 6.2x | 6.9x | 0.5x |
| Mon, 22 May 2023 | €335.8b | €634.7b | €48.0b | 5.9x | 7x | 0.5x |
| Wed, 19 Apr 2023 | €336.0b | €610.6b | €57.0b | 5.2x | 5.9x | 0.6x |
| Fri, 17 Mar 2023 | €330.4b | €609.6b | €58.1b | 5.2x | 5.7x | 0.5x |
| Sun, 12 Feb 2023 | €335.1b | €580.1b | €57.4b | 6x | 5.8x | 0.6x |
| Tue, 10 Jan 2023 | €312.1b | €580.1b | €57.4b | 5.6x | 5.4x | 0.5x |
| Thu, 08 Dec 2022 | €317.9b | €577.9b | €56.8b | 5.2x | 5.6x | 0.6x |
| Sat, 05 Nov 2022 | €302.8b | €568.1b | €57.0b | 5x | 5.3x | 0.5x |
| Mon, 03 Oct 2022 | €270.6b | €548.3b | €55.3b | 5.2x | 4.9x | 0.5x |
| Wed, 31 Aug 2022 | €217.3b | €513.8b | €50.9b | 4.9x | 4.3x | 0.4x |
| Fri, 29 Jul 2022 | €211.6b | €503.0b | €54.2b | 4.6x | 3.9x | 0.4x |
| Sun, 26 Jun 2022 | €214.2b | €503.0b | €54.2b | 4.8x | 3.9x | 0.4x |
| Tue, 24 May 2022 | €229.5b | €503.0b | €54.3b | 5.2x | 4.2x | 0.5x |
| Thu, 21 Apr 2022 | €243.5b | €496.3b | €42.5b | 5.6x | 5.7x | 0.5x |
| Sat, 19 Mar 2022 | €239.0b | €496.4b | €43.4b | 5.2x | 5.5x | 0.5x |
| Mon, 14 Feb 2022 | €283.2b | €535.2b | €46.7b | 5.3x | 6.1x | 0.5x |
| Wed, 12 Jan 2022 | €289.1b | €535.2b | €46.7b | 5.5x | 6.2x | 0.5x |
| Fri, 10 Dec 2021 | €296.3b | €535.2b | €46.7b | 5.1x | 6.3x | 0.6x |
| Sun, 07 Nov 2021 | €309.6b | €534.1b | €45.8b | 5.5x | 6.8x | 0.6x |
| Tue, 05 Oct 2021 | €280.6b | €540.0b | €47.5b | 5.4x | 5.9x | 0.5x |
| Thu, 02 Sep 2021 | €283.7b | €540.0b | €47.5b | 5.6x | 6x | 0.5x |
| Sat, 31 Jul 2021 | €288.9b | €540.0b | €47.5b | 6x | 6.1x | 0.5x |
| Tue, 04 May 2021 | €283.6b | €491.8b | €28.6b | 10.1x | 9.9x | 0.6x |
| Fri, 05 Feb 2021 | €209.5b | €477.2b | €18.4b | 12x | 11.4x | 0.4x |
Price to Earnings Ratio
11.3x
Current Industry PE
- Investors are pessimistic on the German Auto industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 5.5x which is lower than its 3-year average PE of 6.6x.
- The industry is trading close to its 3-year average PS ratio of 0.51x.
Past Earnings Growth
- The earnings for companies in the Auto industry have grown 39% per year over the last three years.
- Revenues for these companies have grown 11% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the German Consumer Discretionary industry?
| DE Market | 1.80% | |
| Consumer Discretionary | 1.55% | |
| Auto | 1.53% | |
| Automobile Manufacturers | 1.53% | |
| Motorcycle Manufacturers | 0% | |
Industry PE
- Investors are most optimistic about the Automobile Manufacturers industry even though it's trading below its 3-year average PE ratio of 6.6x.
- Analysts are expecting annual earnings growth of 1.2%, which is higher than its past year's earnings decline of 5.4% per year.
- Investors are most pessimistic about the Automobile Manufacturers industry, which is trading below its 3-year average of 6.6x.
Forecasted Growth
- Analysts are most optimistic on the Automobile Manufacturers industry, expecting annual earnings growth of 1.2% over the next 5 years.
- This is better than its past earnings decline of 5.4% per year.
- In contrast, the Automobile Manufacturers industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MBG Mercedes-Benz Group | €61.45 | 6.0% +€3.6b | -3.7% | PE4.3x | |
| BMW Bayerische Motoren Werke | €97.66 | 4.8% +€2.9b | 14.6% | PE5.6x | |
| KTA Knaus Tabbert | €41.35 | 4.7% +€19.2m | 28.0% | PE6.4x | |
| H9W HWA | €6.80 | 3.8% +€1.5m | -9.9% | PS0.4x | |
| CT4 fox e-mobility | €0.10 | 11.1% +€718.9k | 33.3% | n/a |