Mercedes-Benz Group Valuation
Is MBG undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of MBG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: MBG (PLN291.55) is trading below our estimate of fair value (PLN508.99)
Significantly Below Fair Value: MBG is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for MBG?
Other financial metrics that can be useful for relative valuation.
| What is MBG's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | €68.52b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1x |
| Enterprise Value/EBITDA | 8x |
| PEG Ratio | -3.6x |
Price to Earnings Ratio vs Peers
How does MBG's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 19.5x | ||
VOW3 Volkswagen | 4x | 5.6% | €65.3b |
P911 Dr. Ing. h.c. F. Porsche | 15.7x | 9.2% | €73.6b |
RACE Ferrari | 52.8x | 8.1% | US$76.0b |
BMW Bayerische Motoren Werke | 5.6x | 0.7% | €59.8b |
MBG Mercedes-Benz Group | 5.2x | -1.4% | zł68.5b |
Price-To-Earnings vs Peers: MBG is good value based on its Price-To-Earnings Ratio (5.2x) compared to the peer average (19.5x).
Price to Earnings Ratio vs Industry
How does MBG's PE Ratio compare vs other companies in the Global Auto Industry?
Price-To-Earnings vs Industry: MBG is good value based on its Price-To-Earnings Ratio (5.2x) compared to the Global Auto industry average (14.3x).
Price to Earnings Ratio vs Fair Ratio
What is MBG's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 5.2x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MBG's Price-To-Earnings Fair Ratio for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | zł291.55 | zł372.03 +27.6% | 17.7% | zł531.47 | zł255.10 | n/a | 22 |
| May ’25 | zł314.00 | zł374.98 +19.4% | 18.4% | zł540.74 | zł259.55 | n/a | 22 |
| Apr ’25 | zł315.90 | zł366.71 +16.1% | 18.5% | zł536.98 | zł257.75 | n/a | 22 |
| Mar ’25 | zł309.35 | zł360.61 +16.6% | 19.6% | zł538.30 | zł258.38 | n/a | 23 |
| Feb ’25 | zł273.85 | zł342.54 +25.1% | 21.2% | zł504.36 | zł217.40 | n/a | 23 |
| Jan ’25 | zł273.40 | zł341.99 +25.1% | 21.9% | zł515.70 | zł214.88 | n/a | 22 |
| Dec ’24 | zł259.20 | zł353.39 +36.3% | 20.9% | zł524.13 | zł218.39 | n/a | 22 |
| Nov ’24 | zł248.00 | zł372.58 +50.2% | 19.3% | zł533.84 | zł222.43 | n/a | 22 |
| Oct ’24 | zł307.20 | zł415.67 +35.3% | 14.6% | zł552.83 | zł322.49 | n/a | 22 |
| Sep ’24 | zł298.15 | zł404.65 +35.7% | 14.0% | zł536.29 | zł312.83 | n/a | 22 |
| Aug ’24 | n/a | zł411.55 0% | 12.8% | zł533.64 | zł326.86 | n/a | 22 |
| Jul ’24 | zł321.20 | zł418.11 +30.2% | 12.0% | zł521.60 | zł333.37 | n/a | 22 |
| Jun ’24 | zł321.20 | zł418.11 +30.2% | 12.0% | zł521.60 | zł333.37 | n/a | 22 |
| May ’24 | zł317.00 | zł418.45 +32.0% | 11.7% | zł527.43 | zł330.22 | zł314.00 | 23 |
| Apr ’24 | zł333.00 | zł430.12 +29.2% | 13.3% | zł539.18 | zł328.20 | zł315.90 | 23 |
| Mar ’24 | zł342.95 | zł421.76 +23.0% | 13.1% | zł542.20 | zł330.03 | zł309.35 | 22 |
| Feb ’24 | zł315.00 | zł407.18 +29.3% | 14.1% | zł541.33 | zł305.97 | zł273.85 | 22 |
| Jan ’24 | zł289.25 | zł396.71 +37.2% | 14.6% | zł538.68 | zł304.47 | zł273.40 | 22 |
| Dec ’23 | zł305.00 | zł395.69 +29.7% | 14.7% | zł537.58 | zł303.85 | zł259.20 | 22 |
| Nov ’23 | n/a | zł395.74 0% | 15.2% | zł542.86 | zł297.39 | zł248.00 | 23 |
| Oct ’23 | n/a | zł411.04 0% | 13.7% | zł540.30 | zł295.99 | zł307.20 | 23 |
| Sep ’23 | n/a | zł411.04 0% | 13.7% | zł540.30 | zł295.99 | zł298.15 | 23 |
| Aug ’23 | n/a | zł412.02 0% | 13.7% | zł542.67 | zł297.29 | n/a | 23 |
| Jul ’23 | n/a | zł424.38 0% | 11.4% | zł540.12 | zł328.77 | zł321.20 | 23 |
| Jun ’23 | n/a | zł419.13 0% | 11.5% | zł532.11 | zł323.89 | zł321.20 | 24 |
| May ’23 | n/a | zł420.35 0% | 12.0% | zł537.39 | zł327.11 | zł317.00 | 23 |
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.