Mercedes-Benz Group AG (BENZ) fair value: what the stock is really worth
As of Jun 26, 2026: fair value of Mercedes-Benz Group AG C$36.19, price C$18.32, upside +97.5%, quality 51 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 29, 2026.
How to read this chart
17‑month range C$18.04 – C$24.85 · fair‑value band C$23.49 – C$52.27 · the C$18.32 price screens below the C$36.19 fair value. Dashed = 300-day average. As of Sep 29, 2026.
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Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. It operates through Mercedes-Benz Cars, Mercedes-Benz Vans, and Mercedes-Benz Mobility segments.
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Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. It operates through Mercedes-Benz Cars, Mercedes-Benz Vans, and Mercedes-Benz Mobility segments. The company develops, manufactures, and sells cars and vans under the Mercedes-Benz, Mercedes-AMG, Mercedes-Maybach, G-Class brands, as well as related spare parts and accessories. It also provides financing, leasing, vehicle subscription and rental, fleet management, insurance brokerage, and mobility services, as well as digital services for charging and payment. The company was formerly known as Daimler AG and changed its name to Mercedes-Benz Group AG in February 2022. Mercedes-Benz Group AG was founded in 1886 and is headquartered in Stuttgart, Germany.
Stock analysis
Mercedes-Benz Group AG (BENZ) currently trades at C$18.32, while our model-based Fair Value estimate is C$36.19, implying the stock looks roughly 49.4% undervalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of C$40.92 per share, and 17 of the 22 models we run sit above the C$18.32 price.
Bear case: the Growth DCF group reads lowest at C$18.89, and 5 of the 22 models stay below the price. Evidence for this calculation is medium.
Scenario range: C$23.49 (bear) to C$52.27 (bull), the price of C$18.32 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 51/100 (solid quality), in the Consumer Cyclical sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Mercedes-Benz Group AG reported revenue of €132B in FY2025 versus €134B in FY2021, a compound −0.3%/yr. Reported net income was €5.1B in FY2025, compounding −31.2%/yr from FY2021.
Key figures
Market cap C$78.5B (≈ $55.1B) · P/E ratio 6.5 · P/S ratio 0.25 · EPS (TTM) C$3.24 · Net margin 3.9% · Return on equity 7.7% · Return on assets (EBIT) 5.2% · Operating margin 3.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 38 out of 100 (low confidence).
What moves the price
The share trades about 26% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at 2% fair-value upside, at 98%, BENZ screens cheaper than that median.
Fair Value models
Bear C$23.49Fair Value C$36.19Bull C$52.27
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.40/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−9.2%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−4.1%
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−24.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year−24.2%
Dividend (yield on the price)0.0%
Profit margin 2021 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.11% → 4%
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Auto Manufacturers · 106 stocks
Beats the industry median on 7/11 measures
Overall it ranks above its industry peers.
Valuation
Quality Score51 · Above median
Fair Value upside+168.5% · Top 25%
Profitability
Return on equity (TTM)7.7% · Above median
Return on assets2.1% · Above median
Net margin (TTM)4.9% · Above median
Operating margin (TTM)3.1% · Below median
Growth and dividend
Revenue growth−9.8% · Bottom 25%
Dividend yield (TTM)23.5% · Top 25%
Balance sheet
Debt / equity0.55× · Highest 25%
Valuation Multiplesvs Auto Manufacturers median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Mercedes-Benz Group AG Fair Value". https://www.fairvalue-calculator.com/stock/BENZ
Frequently asked questions
Is Mercedes-Benz Group AG (BENZ) overvalued or undervalued?
As of Sep 29, 2026, our model estimates a fair value of C$36.19 versus the last price from Jun 26, 2026 of C$18.32, about +98% upside (undervalued).
What is the fair value of BENZ?
Our model-based fair value for Mercedes-Benz Group AG is C$36.19 (as of Sep 29, 2026), built from audited fundamentals. Last price (from Jun 26, 2026): C$18.32.
What is the quality score of BENZ?
Mercedes-Benz Group AG has a Quality Score of 51/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Mercedes-Benz Group AG (BENZ)?
Our model-based price target is the fair value of C$36.19 (as of Sep 29, 2026) from 22 valuation models. Cautious scenario C$23.49, optimistic scenario C$52.27. It is a calculation from audited fundamentals, not an analyst target.
What is the Mercedes-Benz Group AG stock forecast for 2026?
Our models put fair value at C$36.19, about +98% upside versus the last price from Jun 26, 2026 of C$18.32 (undervalued). Cautious scenario C$23.49, optimistic scenario C$52.27. The calculation is refreshed regularly with new filings.
What is the revenue of Mercedes-Benz Group AG (BENZ)?
Mercedes-Benz Group AG reported trailing-twelve-month revenue of about €139B (latest available figure, as of Sep 29, 2026).
What is the intrinsic value of Mercedes-Benz Group AG (BENZ)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Mercedes-Benz Group AG it is C$36.19 per share (as of Sep 29, 2026), against a price of C$18.32. It is the blended result of 22 valuation models (cash flow, earnings, asset, dividend).
Is Mercedes-Benz Group AG stock overvalued or undervalued in 2026?
As of Sep 29, 2026, BENZ trades below its calculated fair value: price C$18.32, fair value C$36.19, a gap of about +98% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of BENZ?
No. The price is what the market pays today (C$18.32); the fair value is what the company's own numbers justify (C$36.19). For Mercedes-Benz Group AG the two are C$17.87 per share apart. That gap is exactly why we show both numbers side by side.
How much is Mercedes-Benz Group AG worth?
The market values Mercedes-Benz Group AG at about C$78.5B (market capitalisation, as of Sep 29, 2026). Per share that is C$18.32; our models calculate a fair value of C$36.19 per share.
What do the bullish and bearish scenarios say about BENZ?
Our models span a range for Mercedes-Benz Group AG: cautious scenario C$23.49, base C$36.19, optimistic C$52.27 per share (as of Sep 29, 2026, price C$18.32). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of BENZ?
Mercedes-Benz Group AG trades at a price-to-earnings ratio of 6.5 (as of Sep 29, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of C$36.19 is built from several models across several years. Other multiples: PEG 2.9.
What is the PEG ratio of BENZ?
The PEG ratio of Mercedes-Benz Group AG is 2.85 (P/E divided by earnings growth, as of Sep 29, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Mercedes-Benz Group AG (BENZ)?
Balance-sheet figures for Mercedes-Benz Group AG (as of Sep 29, 2026): return on equity 7.7%, debt of 0.55 per unit of equity. They feed the Quality Score of 51/100, which measures business quality independently of the share price.
How far is BENZ from its 52-week high?
Mercedes-Benz Group AG trades at C$18.32, about 26% below its 52-week high of C$24.85 and at the low of C$18.32 (as of Jun 26, 2026). Distance from the high says nothing about value: that is what the fair value of C$36.19 is for.
Which stocks are comparable to Mercedes-Benz Group AG?
From the same area (Consumer Cyclical) we also value Tesla, Inc, Toyota Motor Corporation, BYD Company, General Motors Company, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Mercedes-Benz Group AG stock attractive at the current price?
The data as of Sep 29, 2026: price C$18.32, calculated fair value C$36.19 (+98%), Quality Score 51/100, from 22 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of BENZ calculated?
We run Mercedes-Benz Group AG through 22 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of C$36.19, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Mercedes-Benz Group AG currently trades 49 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Mercedes-Benz Group AG (BENZ)?
The latest price we hold is from Jun 26, 2026 and stands at C$18.32. Our model-based fair value is C$36.19, about +98% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Mercedes-Benz Group AG right now?
The price is below even our cautious bear case (C$23.49). The market is more pessimistic than our downside scenario. Solid quality (51/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (C$23.49 to C$52.27) leaves room in how you read the outcome.
Key figures of Mercedes-Benz Group AG
How large is the market capitalisation of Mercedes-Benz Group AG (BENZ)?
The market capitalisation of Mercedes-Benz Group AG is C$78.5B (≈ $55.1B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Mercedes-Benz Group AG (BENZ)?
The price-to-sales ratio of Mercedes-Benz Group AG is 0.25 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Mercedes-Benz Group AG (BENZ)?
Earnings per share at Mercedes-Benz Group AG are C$3.24 (price ÷ EPS = P/E 6.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Mercedes-Benz Group AG (BENZ)?
The net margin of Mercedes-Benz Group AG is 3.9% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Mercedes-Benz Group AG (BENZ)?
The return on equity (ROE) of Mercedes-Benz Group AG is 7.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Mercedes-Benz Group AG (BENZ)?
On an EBIT basis the return on assets of Mercedes-Benz Group AG is 5.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Mercedes-Benz Group AG (BENZ)?
The operating margin of Mercedes-Benz Group AG is 3.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Mercedes-Benz Group AG (BENZ)?
Revenue at Mercedes-Benz Group AG is growing −9.8% versus a year earlier (3y avg −4.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Mercedes-Benz Group AG (BENZ)?
Earnings per share at Mercedes-Benz Group AG are growing −67.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Mercedes-Benz Group AG (BENZ) generate?
The free cash flow of Mercedes-Benz Group AG is €8.3B (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Mercedes-Benz Group AG (BENZ) carry?
The net debt of Mercedes-Benz Group AG is €68.0B (fiscal year 2025, ≈ 8.2 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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