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Daimler Truck Holding (DTG) Fair Value & Analysis

Industrials · DE · Market cap €32.5B

DT Daimler Truck Holding DTG · XETRA
Price€48.07
Fair Value€47.70
Upside-0.8%
Quality56/100
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Mixed Growth
Thin margins · 3.1% net margin
Moderate debt · generates free cash flow
4.42% dividend yield
Mixed vs. peers (6/15)
Narrow moat 32/100
Evidence: High Range €29.41 – €67.66 Share as image

Fair value as of: Jul 19, 2026

From 24 valuation models · updated 19 days ago

Fair value updated Jul 19, 2026, revised from €47.52 to €47.70 (+0.4%) since Jul 17, 2026. Share price +9.4% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (€29.41 to €67.66) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

€48.98 €18.36 Fair Value €47.70 Dec 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.

How to read this chart

56‑month range €18.36 – €48.98 · fair‑value band €29.41 – €67.66 · the €48.07 price screens above the €47.70 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 19, 2026.

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Analysis

Daimler Truck Holding (DTG) currently trades at €48.07, while our model-based Fair Value estimate is €47.70, implying the stock looks roughly 0.8% fairly valued today. We read business quality at 56/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Daimler Truck Holding generated revenue of €44.0B at a net margin of 3.1%. Revenue declined 13.3% year over year. It earns a return on equity of 5.4%. Net debt stands at €20.6B. Fundamentals as of Jul 19, 2026

Our scenario range runs from €29.41 (bear case) to €67.66 (bull case); at €48.07, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The last reported earnings sit well below what analysts expect (earnings in transition, for example after write-downs or an earnings dip); whether the stock is cheap or expensive hinges on the expected recovery actually arriving. Read the fair value with that caveat. The share trades near its 52-week high and 50% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at 12% fair-value upside, at -1%, DTG screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF €28.86 €44.45 €71.13 80
Residual Income €24.42 €26.71 €34.25 76
Rev-Margin DCF €29.09 €51.11 €77.97 74
All 24 models by family
DCF Models
FCF DCF €26.95 €43.02 €72.78 38
Owner Earnings €19.87 €33.16 €57.77 31
5Y Revenue Exit €29.09 €50.15 €80.78 39
5Y EBITDA Exit €41.23 €71.17 €110.82 41
5Y P/E Exit €22.13 €38.09 €57.20 38
10Y Revenue Exit €26.66 €42.29 €59.16 36
10Y EBITDA Exit €35.30 €55.28 €76.80 37
10Y P/E Exit €23.70 €34.83 €45.32 35
Earnings-Based
Graham-Dodd €17.53 €21.42 €24.10 54
EPV €25.85 €32.48 €38.29 59
Dividend Discount
Gordon GGM €17.56 €19.22 €21.75 70
DDM Multi-Stage €17.56 €22.04 €28.30 61
Multiples
P/E Multiple €38.66 €51.55 €64.43 63
P/S Multiple €32.86 €43.82 €54.77 58
P/B Multiple €32.86 €43.82 €54.77 55
EV/EBIT €57.89 €81.85 €105.80 53
EV/EBITDA €61.01 €86.00 €110.99 54
EV/Revenue €34.47 €55.23 €75.99 43
Asset-Based
NCAV (Graham) €14.10 €18.89 €28.20 50
Growth DCF
Growth DCF €28.86 €44.45 €71.13 80
Rev-Margin DCF €29.09 €51.11 €77.97 74
Economic Profit
Residual Income €24.42 €26.71 €34.25 76
ROIC Compounder €25.85 €33.08 €41.25 72
Growth Earnings
Growth-Adj P/E €27.35 €39.07 €50.80 68

Widest divergence: Multiples (€51.55) versus Asset-Based (€18.89). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) €44.0B
Revenue growth (YoY) -13.3%
Net margin 3.1%
Return on equity 5.4%
Free cash flow €3.2B FY2025
P/E ratio 27.1
More key figures
Operating margin 5.3%
EPS (TTM) €1.57
Dividend yield 4.4%
EPS growth (YoY) -76.9%
Net debt €20.6B FY2025

Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 56/100

Of which business quality 53 · Market factors (momentum, volatility) 68

Profitability 34
Margins and returns on capital today
Quality Growth 22
Are margins and returns improving?
Cashflow 62
Earnings quality: real cash, not paper profit
Fin. Strength 49
Balance sheet, leverage, solvency risk
Investment 59
Disciplined investing over empire-building
Low Volatility 68
Calm price path (market factor)
Momentum 59
Price trend over the last 3–12 months (market factor)
52W Momentum 82
Distance to the 52-week high (market factor)
Net Issuance 100
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Daimler Truck Holding AG manufactures and sells light, medium- and heavy-duty trucks and buses in Europe, North America, Asia, Latin America, and internationally. The company operates through five segments: Trucks North America, Mercedes-Benz Trucks, Trucks Asia, Daimler Buses, and Financial Services.

Full company description

Daimler Truck Holding AG manufactures and sells light, medium- and heavy-duty trucks and buses in Europe, North America, Asia, Latin America, and internationally. The company operates through five segments: Trucks North America, Mercedes-Benz Trucks, Trucks Asia, Daimler Buses, and Financial Services. It offers light, medium, and heavy-duty trucks; city and intercity buses, coaches, and bus chassis; industrial engines; and special vehicles used in various sector, as well as new and used commercial vehicles. The company also provides various financial services, such as rental, leasing, and financing for vehicles; and charging infrastructure, insurance brokerage, payment, and integrated services for zero emission vehicles. In addition, it offers connectivity solutions under the Detroit Connect, Truckonnect, TruckLive, OMNIplus ON, Mercedes-Benz Uptime, and Fleetboard brand names; and aftersales services, as well as sells spare parts. It provides trucks and buses under the Mercedes-Benz, Freightliner, Western Star, FUSO, BharatBenz, RIZON, Setra, and Thomas Built Buses brands. The company was founded in 1896 and is headquartered in Leinfelden-Echterdingen, Germany.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Daimler Truck Holding reported revenue of €45.5B in FY2025 versus €39.8B in FY2021, a compound +3.4%/yr. Reported net income was €2.0B in FY2025, compounding −4.3%/yr from FY2021.

Growth Quality 57/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
€45.5B
Latest YoY
−15.8%
Avg. growth/yr (3Y)
−3.7%
Avg. growth/yr (5Y)
+4.8%
Avg. growth/yr (7Y)
+0.6%
Revenue +3.4%/yr
FY21 €39.8B
FY22 €50.9B
FY23 €55.9B
FY24 €54.1B
FY25 €45.5B
Net income −4.3%/yr
FY21 €2.3B
FY22 €2.7B
FY23 €3.8B
FY24 €2.9B
FY25 €2.0B

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Cite: Fair Value Calculator (2026). "Daimler Truck Holding Fair Value". https://www.fairvalue-calculator.com/stock/DTG

Peer Group

Farm & Heavy Construction Machinery · 146 stocks

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.

Quality Score 56 · Above median
Fair Value upside −1% · Above median
Return on equity (TTM) 5% · Below median
Return on assets 2% · Below median
Net margin (TTM) 3% · Below median
Operating margin (TTM) 5% · Below median
Revenue growth -13% · Bottom 25%
Dividend yield (TTM) 4.4% · Top 25%
Debt / equity 0.89× · Higher than 75% of peers

Valuation Multiples vs Farm & Heavy Construction Machinery median · lower = cheaper

P/E (TTM) 27.1× · Pricier than median
P/B 1.74× · Cheaper than median
P/S (TTM) 0.85× · Cheaper than median
P/FCF 11.6× · Pricier than median
EV/EBITDA 13.5× · Pricier than median
PEG 0.52× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 32 · sector 22
FUTURE 0 · sector 30
PAST 22 · sector 33
HEALTH 55 · sector 93
DIVIDEND 88 · sector 37

Insider activity: 40/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Farm & Heavy Construction Machinery stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Stock Price Fair Value vs Fair Value
Caterpillar Inc CAT $952.41 $307.83 -68%
Deere & Company DE $597.24 $187.86 -69%
AB Volvo (publ), VOLVA kr 336.60 kr 288.08 -14%
PACCAR Inc PCAR $126.20 $94.80 -25%
Epiroc AB EPIA kr 251.90 kr 144.14 -43%
Exor N.V EXO €69.40 €219.41 +216%
Sany Heavy Industry Co 600031 ¥18.65 ¥20.84 +12%
Traton SE 8TRA €35.80 €52.60 +47%
XCMG Construction Machinery Co 000425 ¥8.39 ¥11.79 +41%
Sinotruk (Hong Kong) Limited 3808 HK$41.00 HK$53.51 +31%

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Frequently asked questions

Is Daimler Truck Holding (DTG) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of €47.70 versus a price of €48.07, about −1% (fairly valued).
What is the fair value of DTG?
Our model-based fair value for Daimler Truck Holding is €47.70 (as of Jul 19, 2026), built from audited fundamentals. The current price is €48.07.
What is the quality score of DTG?
Daimler Truck Holding has a Quality Score of 56/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Daimler Truck Holding (DTG)?
Daimler Truck Holding reported trailing-twelve-month revenue of about €44.0B (latest available figure, as of Jul 19, 2026).
What is the net profit margin of DTG?
The net profit margin of Daimler Truck Holding is about 3.1%, meaning it keeps roughly 3.1% of revenue as net income. Based on the latest reported figures.
Does Daimler Truck Holding pay a dividend?
Daimler Truck Holding currently shows a dividend yield of about 4.47% relative to its recent price (as of Jul 19, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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