BIT:DAI

Stock Analysis Report

Executive Summary

Daimler AG, together its subsidiaries, develops and manufactures passenger cars, trucks, vans, and buses in Germany and internationally.

Snowflake

Fundamentals

Established dividend payer and fair value.


Similar Companies

Share Price & News

How has Daimler's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

11.0%

DAI

7.1%

IT Auto

3.1%

IT Market


1 Year Return

-9.4%

DAI

-14.6%

IT Auto

8.8%

IT Market

Return vs Industry: DAI exceeded the Italian Auto industry which returned -14.6% over the past year.

Return vs Market: DAI underperformed the Italian Market which returned 8.8% over the past year.


Shareholder returns

DAIIndustryMarket
7 Day11.0%7.1%3.1%
30 Day-0.6%-3.7%0.06%
90 Day4.2%-0.9%-0.2%
1 Year-3.2%-9.4%-1.6%-14.6%13.6%8.8%
3 Year-11.6%-25.1%139.1%106.3%29.2%11.3%
5 Year3.6%-19.0%23.7%4.8%23.6%-25.3%

Price Volatility Vs. Market

How volatile is Daimler's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Daimler undervalued compared to its fair value and its price relative to the market?

12.77x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: DAI (€48.18) is trading above our estimate of fair value (€39.59)

Significantly Undervalued: DAI is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: DAI is poor value based on its PE Ratio (12.8x) compared to the Auto industry average (8.7x).

PE vs Market: DAI is good value based on its PE Ratio (12.8x) compared to the Italian market (17x).


Price to Earnings Growth Ratio

Low PEG Ratio: DAI is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: DAI is good value based on its PB Ratio (0.8x) compared to the IT Auto industry average (1.3x).


Next Steps

Future Growth

How is Daimler forecast to perform in the next 1 to 3 years based on estimates from 25 analysts?

24.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DAI's forecast earnings growth (24.1% per year) is above the savings rate (2.9%).

Earnings vs Market: DAI's earnings (24.1% per year) are forecast to grow faster than the Italian market (8.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: DAI's revenue (2% per year) is forecast to grow slower than the Italian market (3.1% per year).

High Growth Revenue: DAI's revenue (2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: DAI's Return on Equity is forecast to be low in 3 years time (11.2%).


Next Steps

Past Performance

How has Daimler performed over the past 5 years?

1.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: DAI's earnings have grown by 1% per year over the past 5 years.

Accelerating Growth: DAI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: DAI had negative earnings growth (-56.7%) over the past year, making it difficult to compare to the Auto industry average (17.2%).


Return on Equity

High ROE: DAI's Return on Equity (7%) is considered low.


Return on Assets

ROA vs Industry: DAI's Return on Assets is below or equal to the Auto industry average last year.


Return on Capital Employed

ROCE Improving: DAI's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Daimler's financial position?


Financial Position Analysis

Short Term Liabilities: DAI's short term assets (€122.6B) exceeds its short term liabilities (€109.6B)

Long Term Liabilities: DAI's short term assets (122.6B) do not cover its long term liabilities (122.8B)


Debt to Equity History and Analysis

Debt Level: DAI's debt to equity ratio (249.4%) is considered high

Reducing Debt: DAI's debt to equity ratio has increased from 190.6% to 249.4% over the past 5 years.

Debt Coverage: DAI's debt is not well covered by operating cash flow (1%).

Interest Coverage: DAI's interest payments on its debt are well covered by EBIT (9.5x coverage).


Balance Sheet

Inventory Level: DAI has a high level of physical assets or inventory.

Debt Coverage by Assets: DAI's debt is not covered by short term assets (assets are 0.8x debt).


Next Steps

Dividend

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

6.76%

Current Dividend Yield


Dividend Yield vs Market

company6.8%marketbottom25%2.1%markettop25%4.4%industryaverage4.6%forecastin3Years5.4%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: DAI's dividend (6.76%) is higher than the bottom 25% of dividend payers in the Italian market (2.06%).

High Dividend: DAI's dividend (6.76%) is in the top 25% of dividend payers in the Italian market (4.41%)

Stable Dividend: DAI's dividend payments have been volatile in the past 10 years.

Growing Dividend: DAI's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (86.4%), DAI's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: DAI's dividends in 3 years are forecast to be well covered by earnings (39.5% payout ratio).


Next Steps

Management

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

2.8yrs

Average management tenure


CEO

Ola Källenius (50yo)

0.4yrs

Tenure

€3,127,000

Compensation

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. ...


CEO Compensation Analysis

Compensation vs. Market: Ola has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the Italian market.

Compensation vs Earnings: Ola's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Management Age and Tenure

2.8yrs

Average Tenure

53yo

Average Age

Experienced Management: DAI's management team is considered experienced (2.8 years average tenure).


Board Age and Tenure

9.5yrs

Average Tenure

64yo

Average Age

Experienced Board: DAI's board of directors are considered experienced (9.5 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Wilfried Porth (60yo)

    Director of Human Resources & Labor Relations and Member of Management Board

    • Tenure: 10.5yrs
    • Compensation: €3.14m
  • Harald Wilhelm (53yo)

    CFO & Member of the Management Board

    • Tenure: 0.5yrs
  • Hubertus Troska (59yo)

    Member of Management Board

    • Tenure: 6.8yrs
    • Compensation: €3.45m
  • Martin Daum (60yo)

    Head of the Daimler Trucks & Buses Divisions and Member of the Board of Management

    • Tenure: 2.6yrs
    • Compensation: €3.07m
  • Renata Brüngger (58yo)

    Head of Integrity & Legal Affairs and Member of Management Board

    • Tenure: 3.8yrs
    • Compensation: €3.05m
  • Björn Scheib

    Head of Investor Relations & VP

    • Tenure: 0yrs
  • Markus Schäfer (53yo)

    Head of Group Research & Mercedes-Benz Cars Development and Member of Management Board

    • Tenure: 0.4yrs
  • Britta Seeger (50yo)

    Head of Mercedes-Benz Cars Marketing & Sales and Member of Management Board

    • Tenure: 2.8yrs
    • Compensation: €3.12m
  • Ola Källenius (50yo)

    Chairman of the Management Board

    • Tenure: 0.4yrs
    • Compensation: €3.13m
  • Thomas Laubert (46yo)

    Head of Legal Department

    • Tenure: 3.6yrs

Board Members

  • Clemens A. Börsig (71yo)

    Member of Supervisory Board

    • Tenure: 12.5yrs
  • Jürgen Hambrecht (73yo)

    Member of Supervisory Board

    • Tenure: 11.7yrs
  • Manfred Bischoff (77yo)

    Chairman of Supervisory Board

    • Tenure: 12.8yrs
  • Sari Baldauf (64yo)

    Member of Supervisory Board

    • Tenure: 11.7yrs
  • Paul M. Achleitner (63yo)

    Member of Supervisory Board

    • Tenure: 9.5yrs
  • Petraea Heynike (72yo)

    Member of Supervisory Board

    • Tenure: 8.5yrs
  • Frank Weber (58yo)

    Employee Representative Member of Supervisory Board

    • Tenure: 6.5yrs
  • Michael Brecht (54yo)

    Deputy Chairman of Supervisory Board

    • Tenure: 5.4yrs
  • Elke Tönjes-Werner (56yo)

    Employee Representative Member of Supervisory Board

    • Tenure: 6.5yrs
  • Kai Bussmann

    Member of Advisory Board

    • Tenure: 0yrs

Company Information

Daimler AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Daimler AG
  • Ticker: DAI
  • Exchange: BIT
  • Founded: 1886
  • Industry: Automobile Manufacturers
  • Sector: Automobiles
  • Market Cap: €51.406b
  • Shares outstanding: 1.07b
  • Website: https://www.daimler.com

Number of Employees


Location

  • Daimler AG
  • Mercedesstrasse 120
  • Stuttgart
  • Baden-Württemberg
  • 70372
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
0NXXLSE (London Stock Exchange)YesRegistered SharesGBEUROct 1998
DDAI.FOTCPK (Pink Sheets LLC)YesRegistered SharesUSUSDOct 1998
DAIDB (Deutsche Boerse AG)YesRegistered SharesDEEUROct 1998
DAISWX (SIX Swiss Exchange)YesRegistered SharesCHCHFOct 1998
DAIWBAG (Wiener Boerse AG)YesRegistered SharesATEUROct 1998
DAI NBMV (Bolsa Mexicana de Valores)YesRegistered SharesMXMXNOct 1998
DAIBIT (Borsa Italiana)YesRegistered SharesITEUROct 1998
DAIXTRA (XETRA Trading Platform)YesRegistered SharesDEEUROct 1998
DAIMLERBUSE (Budapest Stock Exchange)YesRegistered SharesHUHUFOct 1998
DAIDBATS-CHIXE (BATS 'Chi-X Europe')YesRegistered SharesGBEUROct 1998
DMLR.YOTCPK (Pink Sheets LLC)UNSPONSOR ADRUSUSDJan 2017

Biography

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-Ben ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 20:51
End of Day Share Price2019/10/15 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.