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Mercedes-Benz Group AG
XETRA:MBG

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Mercedes-Benz Group AG
XETRA:MBG
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Price: 49.585 EUR 1.7% Market Closed
Market Cap: €47.7B

P/S

0.4
Current
14%
Cheaper
vs 3-y average of 0.4

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
0.4
=
Market Cap
€47.7B
/
Revenue
€132.2B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
0.4
=
Market Cap
€47.7B
/
Revenue
€132.2B

Valuation Scenarios

Mercedes-Benz Group AG is trading below its 3-year average

If P/S returns to its 3-Year Average (0.4), the stock would be worth €57.68 (16% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+194%
Average Upside
57%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 0.4 €49.59
0%
3-Year Average 0.4 €57.68
+16%
5-Year Average 0.4 €59.01
+19%
Industry Average 0.4 €50.03
+1%
Country Average 1.1 €145.62
+194%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
€47.7B
/
Jan 2026
€132.2B
=
0.4
Current
€47.7B
/
Dec 2026
€134.3B
=
0.4
Forward
€47.7B
/
Dec 2027
€138.7B
=
0.3
Forward
€47.7B
/
Dec 2028
€140.7B
=
0.3
Forward
€47.7B
/
Dec 2029
€148.6B
=
0.3
Forward
€47.7B
/
Dec 2030
€151B
=
0.3
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
DE
Mercedes-Benz Group AG
XETRA:MBG
47.5B EUR 0.4 9.2
US
Tesla Inc
NASDAQ:TSLA
1.5T USD 15 380
JP
Toyota Motor Corp
TSE:7203
39.1T JPY 0.8 10.6
CN
BYD Co Ltd
SZSE:002594
938.9B CNY 1.2 29.3
KR
Hyundai Motor Co
KRX:005380
139.5T KRW 0.7 14.8
DE
Mercedes Benz Group AG
MIL:MBG
75.3B EUR 0.5 4.9
DE
Daimler AG
XETRA:DAI
67.5B EUR 0.4 3.7
US
General Motors Co
NYSE:GM
68.5B USD 0.4 21.5
IT
Ferrari NV
MIL:RACE
56.9B EUR 7.9 35.5
DE
Bayerische Motoren Werke AG
XETRA:BMW
47.3B EUR 0.4 6.5
DE
Volkswagen AG
XETRA:VOW
44.1B EUR 0.1 6.6

Market Distribution

Lower than 85% of companies in Germany
Percentile
15th
Based on 2 778 companies
15th percentile
0.4
Low
0 — 0.6
Typical Range
0.6 — 2.1
High
2.1 —
Distribution Statistics
Germany
Min 0
30th Percentile 0.6
Median 1.1
70th Percentile 2.1
Max 23 633

Mercedes-Benz Group AG
Glance View

Mercedes-Benz Group AG, a titan of the global automotive industry, traces its roots to the pioneering days of the automobile in the late 19th century. With its headquarters in Stuttgart, Germany, the company has consistently positioned itself as a symbol of luxury, engineering excellence, and innovation. From its outset, Mercedes-Benz forged a path of technological advancement and premium quality, becoming renowned for its passenger vehicles that blend performance, luxury, and safety. As a vertically integrated company, it not only designs and manufactures vehicles but also invests significantly in research and development to maintain its competitive edge and uphold its reputation for innovation. The brand's strong identity is magnified through its iconic three-pointed star, signifying dominance over land, sea, and air—a testament to its broad ambitions and achievements. Today, Mercedes-Benz Group AG generates revenue through several strategic channels. Primarily, it earns from the sale of its high-end automobiles, ranging from sedans and SUVs to sports cars and electric vehicles. In recent years, the company has expanded its portfolio to embrace the electric revolution with its EQ lineup, signifying a dedicated shift toward sustainable mobility. Additionally, Mercedes-Benz leverages its finance and leasing services, providing flexible purchasing options to its clientele. Further diversifying its income streams, the company capitalizes on after-sales services, including maintenance and parts distribution, ensuring a continuous engagement with its customer base. This multi-faceted approach not only solidifies its position in the luxury automotive market but also ensures a sustained revenue flow that stands resilient against the changing tides of the automobile industry.

MBG Intrinsic Value
70.146 EUR
Undervaluation 29%
Intrinsic Value
Price €49.585
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