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Daimler

XTRA:DAI
Snowflake Description

Established dividend payer and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DAI
XTRA
€51B
Market Cap
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Last updated 2019/06/26 20:56
Company description

Daimler AG, together its subsidiaries, develops and manufactures passenger cars, trucks, vans, and buses in Germany and internationally. The last earnings update was 57 days ago. More info.

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DAI Share Price and Events
7 Day Returns
-2.2%
XTRA:DAI
-0.8%
DE Auto
-0.4%
DE Market
1 Year Returns
-13.5%
XTRA:DAI
-7.2%
DE Auto
-6.2%
DE Market
DAI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Daimler (DAI) -2.2% 0.9% -5.8% -13.5% -10.5% -31%
DE Auto -0.8% 0.1% -1.4% -7.2% 11.3% -23.6%
DE Market -0.4% 0.7% 1.8% -6.2% 13.9% 7.5%
1 Year Return vs Industry and Market
  • DAI underperformed the Auto industry which returned -7.2% over the past year.
  • DAI underperformed the Market in Germany which returned -6.2% over the past year.
Price Volatility
DAI
Industry
5yr Volatility vs Market

DAI Value

 Is Daimler undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Daimler to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Daimler.

XTRA:DAI Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 23 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.3%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for XTRA:DAI
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Auto Unlevered Beta Simply Wall St/ S&P Global 0.57
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.575 (1 + (1- 30%) (300.94%)) 		1.527
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)		 1.53
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.527 * 5.96%) 		9.33%

Discounted Cash Flow Calculation for XTRA:DAI using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Daimler is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

XTRA:DAI DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 9.33%)
2019 2,867.63 Analyst x10 2,622.98
2020 3,396.12 Analyst x12 2,841.37
2021 4,376.52 Analyst x9 3,349.24
2022 5,152.88 Est @ 17.74% 3,606.94
2023 5,796.25 Est @ 12.49% 3,711.15
2024 6,306.81 Est @ 8.81% 3,693.55
2025 6,700.00 Est @ 6.23% 3,589.06
2026 6,996.97 Est @ 4.43% 3,428.37
2027 7,218.85 Est @ 3.17% 3,235.33
2028 7,384.03 Est @ 2.29% 3,027.03
Present value of next 10 years cash flows €33,105.01
XTRA:DAI DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €7,384.03 × (1 + 0.23%) ÷ (9.33% – 0.23%) 		€81,336.45
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €81,336.45 ÷ (1 + 9.33%)10 		€33,343.25
XTRA:DAI Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €33,105.01 + €33,343.25 		€66,448.26
Equity Value per Share
(EUR)		 = Total value / Shares Outstanding
= €66,448.26 / 1,069.84 		€62.11
XTRA:DAI Discount to Share Price
Calculation Result
Value per share (EUR) From above. €62.11
Current discount Discount to share price of €48.12
= -1 x (€48.12 - €62.11) / €62.11 		22.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Daimler is available for.
Intrinsic value
23%
Share price is €48.12 vs Future cash flow value of €62.11
Current Discount Checks
For Daimler to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Daimler's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Daimler's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Daimler's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Daimler's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
XTRA:DAI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in EUR €6.61
XTRA:DAI Share Price ** XTRA (2019-06-26) in EUR €48.12
Germany Auto Industry PE Ratio Median Figure of 6 Publicly-Listed Auto Companies 6.78x
Germany Market PE Ratio Median Figure of 425 Publicly-Listed Companies 19.49x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Daimler.

XTRA:DAI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= XTRA:DAI Share Price ÷ EPS (both in EUR)

= 48.12 ÷ 6.61

 7.28x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Daimler is overvalued based on earnings compared to the DE Auto industry average.
  • Daimler is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Daimler's expected growth come at a high price?
Raw Data
XTRA:DAI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.28x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 23 Analysts		 6.5%per year
Europe Auto Industry PEG Ratio Median Figure of 11 Publicly-Listed Auto Companies 1.1x
Germany Market PEG Ratio Median Figure of 271 Publicly-Listed Companies 1.45x

*Line of best fit is calculated by linear regression .

XTRA:DAI PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 7.28x ÷ 6.5%

 1.13x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Daimler is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Daimler's assets?
Raw Data
XTRA:DAI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in EUR €62.16
XTRA:DAI Share Price * XTRA (2019-06-26) in EUR €48.12
Germany Auto Industry PB Ratio Median Figure of 8 Publicly-Listed Auto Companies 0.96x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.8x
XTRA:DAI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= XTRA:DAI Share Price ÷ Book Value per Share (both in EUR)

= 48.12 ÷ 62.16

 0.77x

* Primary Listing of Daimler.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Daimler is good value based on assets compared to the DE Auto industry average.
Show me more potentially undervalued companies in the Auto industry
X
Value checks
We assess Daimler's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Auto industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Auto industry average (and greater than 0)? (1 check)
    5. Daimler has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

DAI Future Performance

 How is Daimler expected to perform in the next 1 to 3 years based on estimates from 23 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Daimler expected to grow at an attractive rate?
  • Daimler's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Daimler's earnings growth is positive but not above the Germany market average.
  • Daimler's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
XTRA:DAI Future Growth Rates Data Sources
Data Point Source Value (per year)
XTRA:DAI Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 23 Analysts 6.5%
XTRA:DAI Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 23 Analysts 2.2%
Germany Auto Industry Earnings Growth Rate Market Cap Weighted Average 7.2%
Europe Auto Industry Revenue Growth Rate Market Cap Weighted Average 3%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
XTRA:DAI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 23 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
XTRA:DAI Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31
2022-12-31 13,373
2021-12-31 178,931 14,071 8,700 17
2020-12-31 174,879 13,758 8,156 23
2019-12-31 171,445 13,051 7,693 23
XTRA:DAI Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-03-31 167,275 150 7,071
2018-12-31 167,362 343 7,249
2018-09-30 164,541 -6,297 9,066
2018-06-30 165,075 -3,209 9,523
2018-03-31 165,357 -2,879 9,994
2017-12-31 164,154 -1,652 10,278
2017-09-30 161,542 4,098 9,296
2017-06-30 159,394 3,606 9,745
2017-03-31 156,796 4,529 9,730
2016-12-31 153,261 3,711 8,526
2016-09-30 152,688 2,175 8,184
2016-06-30 151,367 1,842 7,974

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Daimler's earnings are expected to grow by 6.5% yearly, however this is not considered high growth (20% yearly).
  • Daimler's revenue is expected to grow by 2.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
XTRA:DAI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 23 Analyst Estimates (S&P Global) See Below

All data from Daimler Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

XTRA:DAI Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 7.97 9.21 6.37 14.00
2020-12-31 7.60 8.55 6.26 21.00
2019-12-31 7.09 7.91 6.46 20.00
XTRA:DAI Past Financials Data
Date (Data in EUR Millions) EPS *
2019-03-31 6.61
2018-12-31 6.78
2018-09-30 8.47
2018-06-30 8.90
2018-03-31 9.34
2017-12-31 9.61
2017-09-30 8.69
2017-06-30 9.11
2017-03-31 9.10
2016-12-31 7.97
2016-09-30 7.65
2016-06-30 7.45

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Daimler is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Daimler's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Daimler has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

DAI Past Performance

  How has Daimler performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Daimler's growth in the last year to its industry (Auto).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Daimler's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Daimler's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Daimler's 1-year earnings growth is negative, it can't be compared to the DE Auto industry average.
Earnings and Revenue History
Daimler's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Daimler Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

XTRA:DAI Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 167,275.00 7,071.00 15,494.00 6,573.00
2018-12-31 167,362.00 7,249.00 15,379.00 6,581.00
2018-09-30 164,541.00 9,066.00 15,500.00 6,498.00
2018-06-30 165,075.00 9,523.00 15,227.00 6,370.00
2018-03-31 165,357.00 9,994.00 15,273.00 6,202.00
2017-12-31 164,154.00 10,278.00 15,234.00 5,938.00
2017-09-30 161,542.00 9,296.00 16,133.00 5,965.00
2017-06-30 159,394.00 9,745.00 14,917.00 5,616.00
2017-03-31 156,796.00 9,730.00 14,612.00 5,465.00
2016-12-31 153,261.00 8,526.00 14,385.00 5,255.00
2016-09-30 152,688.00 8,184.00 14,266.00 5,109.00
2016-06-30 151,367.00 7,974.00 14,090.00 4,943.00
2016-03-31 150,278.00 7,814.00 14,276.00 4,869.00
2015-12-31 149,467.00 8,424.00 14,387.00 4,757.00
2015-09-30 144,788.00 7,713.00 14,390.00 4,700.00
2015-06-30 140,634.00 8,063.00 14,566.00 4,695.00
2015-03-31 134,651.00 7,898.00 14,315.00 4,569.00
2014-12-31 129,872.00 6,962.00 14,067.00 4,519.00
2014-09-30 126,212.00 7,502.00 13,873.00 4,391.00
2014-06-30 123,189.00 6,603.00 13,632.00 4,285.00
2014-03-31 121,337.00 7,333.00 13,596.00 4,227.00
2013-12-31 117,982.00 6,842.00 13,538.00 4,192.00
2013-09-30 115,723.00 7,675.00 13,705.00 4,110.00
2013-06-30 114,196.00 6,974.00 13,732.00 4,141.00
2013-03-31 113,388.00 5,617.00 13,735.00 4,163.00
2012-12-31 114,297.00 6,428.00 13,689.00 4,160.00
2012-09-30 113,533.00 5,674.00 13,687.00 4,364.00
2012-06-30 111,368.00 5,825.00 13,503.00 4,342.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Daimler has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Daimler used its assets less efficiently than the DE Auto industry average last year based on Return on Assets.
  • Daimler's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Daimler's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Auto industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Daimler has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

DAI Health

 How is Daimler's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Daimler's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Daimler is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Daimler's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Daimler's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Daimler Company Filings, last reported 2 months ago.

XTRA:DAI Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 67,866.00 154,911.00 23,337.00
2018-12-31 66,053.00 144,902.00 21,161.00
2018-09-30 65,553.00 141,126.00 21,064.00
2018-06-30 64,196.00 137,130.00 21,247.00
2018-03-31 66,887.00 129,388.00 21,394.00
2017-12-31 65,159.00 127,124.00 18,408.00
2017-09-30 62,730.00 123,885.00 23,535.00
2017-06-30 60,677.00 119,500.00 18,663.00
2017-03-31 58,474.00 117,298.00 22,291.00
2016-12-31 59,133.00 117,686.00 18,248.00
2016-09-30 54,753.00 111,812.00 20,725.00
2016-06-30 52,291.00 110,586.00 20,365.00
2016-03-31 54,750.00 105,175.00 20,233.00
2015-12-31 54,624.00 101,142.00 15,367.00
2015-09-30 50,814.00 95,875.00 15,867.00
2015-06-30 49,425.00 94,428.00 13,831.00
2015-03-31 46,580.00 93,764.00 16,405.00
2014-12-31 44,584.00 86,689.00 13,491.00
2014-09-30 45,083.00 83,642.00 17,010.00
2014-06-30 42,720.00 81,453.00 14,078.00
2014-03-31 43,485.00 77,837.00 15,730.00
2013-12-31 43,363.00 77,738.00 15,142.00
2013-09-30 41,789.00 76,325.00 15,379.00
2013-06-30 40,072.00 78,395.00 16,134.00
2013-03-31 40,181.00 78,844.00 14,623.00
2012-12-31 39,330.00 76,251.00 13,719.00
2012-09-30 42,769.00 76,188.00 13,352.00
2012-06-30 41,801.00 72,538.00 11,882.00
  • Daimler's level of debt (228.3%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (179.1% vs 228.3% today).
  • Debt is not well covered by operating cash flow (0.1%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 18.1x coverage).
X
Financial health checks
We assess Daimler's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
    7. Daimler has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

DAI Dividends

 What is Daimler's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
6.75%
Current annual income from Daimler dividends. Estimated to be 6.49% next year.
If you bought €2,000 of Daimler shares you are expected to receive €135 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Daimler's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.43%).
  • Daimler's dividend is above the markets top 25% of dividend payers in Germany (3.88%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
XTRA:DAI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 23 Analyst Estimates (S&P Global) See Below
Europe Auto Industry Average Dividend Yield Market Cap Weighted Average of 12 Stocks 4.9%
Germany Market Average Dividend Yield Market Cap Weighted Average of 328 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

XTRA:DAI Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31 3.20 1.00
2021-12-31 3.13 18.00
2020-12-31 3.13 24.00
2019-12-31 3.11 24.00
XTRA:DAI Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-02-15 3.250 6.245
2018-02-14 3.650 6.426
2018-02-01 3.650 5.158
2017-03-29 3.250 4.844
2016-02-18 3.250 5.098
2015-04-01 2.450 3.207
2014-04-09 2.250 3.292
2013-04-10 2.200 3.983
2012-04-04 2.200 5.552
2011-04-13 1.850 4.541
2010-10-28 0.000 0.000
2010-09-28 0.000 0.000
2010-07-27 0.000 0.000
2010-04-27 0.000 0.000
2010-02-18 0.000 0.000
2009-04-08 0.600 1.941

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Daimler's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.4x coverage).
Show me more dividend paying companies in the Auto industry
X
Income/ dividend checks
We assess Daimler's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Daimler afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
    7. Daimler has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

DAI Management

 What is the CEO of Daimler's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ola Källenius
COMPENSATION €3,127,000
AGE 49
TENURE AS CEO 0.1 years
CEO Bio

Mr. Ola Källenius has been Chairman of the Board of Management of Daimler AG since May 22, 2019. He has been Head of Sales & Marketing for Mercedes-Benz Cars at Mercedes-AMG GmbH since October 1, 2013. Mr. Källenius serves as an Executive Vice President of Sales and Marketing for Mercedes-Benz Cars at Mercedes-Benz USA, LLC. He has been a Member of Management Board at Daimler AG since January 1, 2017 and serves as Head of Group Research & Mercedes-Benz Cars Development. Mr. Källenius served as the Chief Executive Officer and President of Mercedes-Benz U.S. International, Inc. until May 2010. Mr. Källenius served as Managing Director of Mercedes-benz Amg Gmbh since May 2010. Mr. Källenius served as an Executive Vice President of Sales & Marketing for Mercedes-Benz Cars at Daimler AG from October 1, 2013 to January 1, 2015. Mr. Källenius served as the Chairman of the Management Board and Chief Executive Officer of Mercedes-AMG GmbH (AMG Unit) at Daimler AG from April 1, 2010 to October 1, 2013. He served as Plant Manager at the Mercedes-Benz factory in Tuscaloosa (USA) and led Mercedes-Benz High Performance Engines in Brixworth, UK and served at McLaren Automotive. His previous roles at Daimler in Stuttgart which includes Head of the Powertrain Procurement unit. He began his career on the International Management Associate Program in 1993. He serves as a Director of Mercedes-Benz South Africa Limited. He serves as a Member of Supervisory Board at HERE Global B.V.

CEO Compensation
  • Ola's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Ola's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Daimler management team in years:

2.4
Average Tenure
52
Average Age
  • The tenure for the Daimler management team is about average.
Management Team

Ola Källenius

TITLE
Chairman of the Management Board
COMPENSATION
€3M
AGE
49
TENURE
0.1 yrs

Wilfried Porth

TITLE
Director of Human Resources & Labor Relations and Member of Management Board
COMPENSATION
€3M
AGE
59
TENURE
10.2 yrs

Renata Brüngger

TITLE
Head of Integrity & Legal Affairs and Member of Management Board
COMPENSATION
€3M
AGE
57
TENURE
3.4 yrs

Hubertus Troska

TITLE
Member of Management Board
COMPENSATION
€3M
AGE
58
TENURE
6.5 yrs

Britta Seeger

TITLE
Head of Mercedes-Benz Cars Marketing & Sales and Member of Management Board
COMPENSATION
€3M
AGE
49
TENURE
2.4 yrs

Martin Daum

TITLE
Head of the Daimler Trucks & Buses Divisions and Member of the Board of Management
COMPENSATION
€3M
AGE
59
TENURE
2.3 yrs

Harald Wilhelm

TITLE
CFO & Member of the Management Board
AGE
52
TENURE
0.2 yrs

Markus Schäfer

TITLE
Head of Group Research & Mercedes-Benz Cars Development and Member of Management Board
AGE
52
TENURE
0.1 yrs

Björn Scheib

TITLE
Head of Investor Relations & VP

Thomas Laubert

TITLE
Head of Legal Department
AGE
45
TENURE
3.3 yrs
Board of Directors Tenure

Average tenure and age of the Daimler board of directors in years:

9.2
Average Tenure
63
Average Age
  • The tenure for the Daimler board of directors is about average.
Board of Directors

Manfred Bischoff

TITLE
Chairman of Supervisory Board
AGE
76
TENURE
12.4 yrs

Michael Brecht

TITLE
Deputy Chairman of Supervisory Board
AGE
53
TENURE
5.1 yrs

Clemens A. Börsig

TITLE
Member of Supervisory Board
AGE
70
TENURE
12.2 yrs

Jürgen Hambrecht

TITLE
Member of Supervisory Board
AGE
72
TENURE
11.3 yrs

Sari Baldauf

TITLE
Member of Supervisory Board
AGE
63
TENURE
11.3 yrs

Paul M. Achleitner

TITLE
Member of Supervisory Board
AGE
62
TENURE
9.2 yrs

Petraea Heynike

TITLE
Member of Supervisory Board
AGE
71
TENURE
8.2 yrs

Elke Tönjes-Werner

TITLE
Employee Representative Member of Supervisory Board
AGE
55
TENURE
6.2 yrs

Frank Weber

TITLE
Employee Representative Member of Supervisory Board
AGE
57
TENURE
6.2 yrs

Kai Bussmann

TITLE
Member of Advisory Board
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Daimler's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
    5. Daimler has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

DAI News

Simply Wall St News

A Note On Daimler AG's (ETR:DAI) ROE and Debt To Equity

Our data shows Daimler has a return on equity of 15% for the last year. … One way to conceptualize this, is that for each €1 of shareholders' equity it has, the company made €0.15 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St - –

What Should Investors Know About Daimler AG's (ETR:DAI) Capital Returns?

and looking to gauge the potential return on investment in Daimler AG (ETR:DAI). … You need to pay attention to this because your return on investment is linked to dividends and internal investments to improve the business, which can only occur if the company is expected to produce adequate earnings with the capital that has been provided. … Therefore, looking at how efficiently Daimler is able to use capital to create earnings will help us understand your potential return.

Simply Wall St - –

Should You Be Concerned About Daimler AG's (ETR:DAI) Shareholders?

In this analysis, my focus will be on developing a perspective on Daimler AG’s (ETR:DAI) latest ownership structure, a less discussed, but important factor. … Differences in ownership structure of companies can have a profound effect on how management's incentives are aligned with shareholder returns, and whether they adhere to corporate governance best practices. … Although this is an important factor for long-term investors, many investors can also be impacted by institutional presence and their high-volume trading.

Simply Wall St - –

Interested In Daimler AG (ETR:DAI)? Here's How It Performed Recently

Today I will examine Daimler AG's (ETR:DAI) latest earnings update (31 March 2018) and compare these figures against its performance over the past couple of years, in addition to how the rest of DAI's industry performed. … How DAI fared against its long-term earnings performance and its industry … DAI's trailing twelve-month earnings (from 31 March 2018) of €10.24b has

Simply Wall St - –

Does Daimler AG's (ETR:DAI) PE Ratio Warrant A Buy?

I am writing today to help inform people who are new to the stock market. … and want to start learning about core concepts of fundamental analysis on practical examples from today's market. … While this makes DAI appear like a great stock to buy, you might change your mind after I explain the assumptions behind the P/E ratio.

Simply Wall St - –

Can Daimler AG's (ETR:DAI) ROE Continue To Surpass The Industry Average?

and want to better understand how you can grow your money by investing in Daimler AG (ETR:DAI). … Daimler AG (ETR:DAI) performed in-line with its automobile manufacturers industry on the basis of its ROE – producing a return of15.80% relative to the peer average of 14.42% over the past 12 months. … But ROE does not capture any debt, so we only see high profits and low equity, which is great on the surface

Simply Wall St - –

How Daimler AG (ETR:DAI) Can Add Value To Your Portfolio

Daimler AG (ETR:DAI) is a stock with outstanding fundamental characteristics. … When we build an investment case, we need to look at the stock with a holistic perspective. … that has been able to sustain great financial health over the past

Simply Wall St - –

Does Daimler AG's (ETR:DAI) Debt Level Pose A Problem?

This article will examine Daimler’s financial liquidity and debt levels to get an idea of whether the company can deal with cyclical downturns and maintain funds to accommodate strategic spending for future growth. … DAI has built up its total debt levels in the last twelve months, from €117.69B to €127.12B – this includes both the current and long-term debt. … With this increase in debt, the current cash and short-term investment levels stands at €18.41B , ready to deploy into the business.

Simply Wall St - –

Should You Expect Daimler AG (ETR:DAI) To Continue Delivering An ROE Of 16.63%?

Return on Equity = Net Profit ÷ Shareholders Equity ROE is assessed against cost of equity, which is measured using the Capital Asset Pricing Model (CAPM) – but let’s not dive into the details of that today. … ROE can be split up into three useful ratios: net profit margin, asset turnover, and financial leverage. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity XTRA:DAI Last Perf Apr 19th 18 Essentially, profit margin shows how much money the company makes after paying for all its expenses.

Simply Wall St - –

What Should Investors Know About Daimler AG's (ETR:DAI) Future?

Investors may find it useful to understand how market analysts predict Daimler's earnings growth trajectory over the next couple of years and whether the future looks even brighter than the past. … See our latest analysis for Daimler Market analysts' consensus outlook for this coming year seems pessimistic, with earnings falling by -3.94%. … The pro of this approach is that it removes the impact of near term flucuations and accounts for the overarching direction of Daimler's earnings trajectory over time, which may be more relevant for long term investors.

Simply Wall St - –

DAI Company Info

Description

Daimler AG, together its subsidiaries, develops and manufactures passenger cars, trucks, vans, and buses in Germany and internationally. It operates through Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses, and Daimler Financial Services divisions. The Mercedes-Benz Cars division offers premium vehicles of the Mercedes-Benz brand, including the Mercedes-AMG and Mercedes-Maybach brands; and small cars under the Mercedes me and smart brands, as well as electric mobility products under the EQ brand. The Daimler Trucks division distributes its trucks and special vehicles under the Mercedes-Benz, Freightliner, Western Star, FUSO, and BharatBenz brands; and buses under the Thomas Built Buses and FUSO brands. The Mercedes-Benz Vans division supplies vans and related services under the MercedesBenz and Freightliner brands. The Daimler Buses division sells completely built-up buses under the MercedesBenz and Setra brands, as well as produces and sells bus chassis. The Daimler Financial Services division offers tailored financing and leasing packages for end-customers and dealers; and automotive insurance brokerage, banking, and fleet management services, as well as mobility services primarily under the Athlon, moovel, mytaxi, and car2go brands. The company also sells vehicle related spare parts and accessories. Daimler AG was founded in 1886 and is headquartered in Stuttgart, Germany.

Details
Name: Daimler AG
DAI
Exchange: XTRA
Founded: 1886
€51,475,228,762
1,069,837,447
Website: http://www.daimler.com
Address: Daimler AG
Mercedesstrasse 137,
Stuttgart,
Baden-Württemberg, 70327,
Germany
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
XTRA DAI Registered Shares XETRA Trading Platform DE EUR 26. Oct 1998
OTCPK DDAI.F Registered Shares Pink Sheets LLC US USD 26. Oct 1998
DB DAI Registered Shares Deutsche Boerse AG DE EUR 26. Oct 1998
LSE 0NXX Registered Shares London Stock Exchange GB EUR 26. Oct 1998
SWX DAI Registered Shares SIX Swiss Exchange CH CHF 26. Oct 1998
BIT DAI Registered Shares Borsa Italiana IT EUR 26. Oct 1998
WBAG DAI Registered Shares Wiener Boerse AG AT EUR 26. Oct 1998
BUSE DAIMLER Registered Shares Budapest Stock Exchange HU HUF 26. Oct 1998
BMV DAI N Registered Shares Bolsa Mexicana de Valores MX MXN 26. Oct 1998
BATS-CHIXE DAID Registered Shares BATS 'Chi-X Europe' GB EUR 26. Oct 1998
OTCPK DMLR.Y UNSPONSOR ADR Pink Sheets LLC US USD 06. Jan 2017
Number of employees
Current staff
Staff numbers
299,956
Daimler employees.
Industry
Automobile Manufacturers
Automobiles
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/26 20:56
End of day share price update: 2019/06/26 00:00
Last estimates confirmation: 2019/06/26
Last earnings filing: 2019/04/30
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Related Companies

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