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Mercedes-Benz Group (MBG) Fair Value & Analysis

Consumer Cyclical · DE · Market cap €50.0B

MB Mercedes-Benz Group MBG · XETRA
Price€45.24
Fair Value€106.46
Upside+135.3%
Quality95/100
Evidence: High Range €73.29 – €142.79

Fair value as of: Jun 24, 2026

From 24 valuation models · updated 6 days ago

Share price −15.8% over the past month.

Price vs Fair Value (12 months)

€59.61 €44.37 Fair Value €106.46 Jul 2025 Jun 2026

12‑month range €44.37 – €59.61 · fair‑value band €73.29 – €142.79 · the €45.24 price screens below the €106.46 fair value. As of Jun 24, 2026.

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Analysis

Mercedes-Benz Group (MBG) currently trades at €45.24, while our model-based Fair Value estimate is €106.46 — implying the stock looks roughly 135.3% undervalued today. We read business quality at 95/100 (high quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Mercedes-Benz Group generated revenue of €131B at a net margin of 3.7%. Revenue declined 4.9% year over year. It earns a return on equity of 5.3%. Net debt stands at €87.8B. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) €131B
Revenue growth (YoY) -4.9%
Net margin 3.7%
Return on equity 5.3%
Free cash flow €12.5B FY2025
P/E ratio 10.3
More key figures
Operating margin 6.0%
EPS (TTM) €5.09
Dividend yield 6.6%
EPS growth (YoY) -14.5%
Net debt €87.8B FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Mercedes-Benz Group AG operates as an automotive company in Europe, Germany, North America, the United States, Asia, China, and internationally. It operates through Mercedes-Benz Cars, Mercedes-Benz Vans, and Mercedes-Benz Financial Services 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, and digital services related to charging electric vehicles. 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.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Mercedes-Benz Group 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.

Revenue −0.3%/yr
FY21 €134B
FY22 €150B
FY23 €152B
FY24 €146B
FY25 €132B
Net income −31.2%/yr
FY21 €23.0B
FY22 €14.5B
FY23 €14.3B
FY24 €10.2B
FY25 €5.1B

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Recent news

External third-party headlines (Yahoo Finance, Reuters and others) — not an editorial selection, not financial advice.

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Frequently asked questions

Is Mercedes-Benz Group (MBG) undervalued?
As of Jun 24, 2026, our model estimates a fair value of €106.46 versus a price of €45.24 — about +135% (undervalued). Model-based estimate, not financial advice.
What is the fair value of MBG?
Our 21-model fair value for Mercedes-Benz Group is €106.46 (as of Jun 24, 2026), built from audited fundamentals. The current price is €45.24.
What is the quality score of MBG?
Mercedes-Benz Group has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Mercedes-Benz Group (MBG)?
Mercedes-Benz Group reported trailing-twelve-month revenue of about €131B (latest available figure, as of Jun 24, 2026).
What is the net profit margin of MBG?
The net profit margin of Mercedes-Benz Group is about 3.7%, meaning it keeps roughly 3.7% of revenue as net income. Based on the latest reported figures.
Does Mercedes-Benz Group pay a dividend?
Mercedes-Benz Group currently shows a dividend yield of about 6.64% relative to its recent price (as of Jun 24, 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.