Financials Mercedes-Benz Group AG

Equities

MBG

DE0007100000

Auto & Truck Manufacturers

Market Closed - Xetra Other stock markets 11:35:01 2024-12-09 am EST			5-day change	1st Jan Change
55.52 ^EUR	+3.24%		+4.83%	-11.24%

Dec. 09	Stellantis and the auto industry between global crisis and electric	AN
Dec. 06	Scholz receives Serbian president for lithium talks in Saxony	RE

Projected Income Statement: Mercedes-Benz Group AG

income-statement-evolution-chart MERCEDES-BENZ-GROUP-AG

Fiscal Period: Dicembre	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	172,745	154,309	167,971	150,017	153,218	145,943	145,950	149,516
Change	-	-10.67%	8.85%	-10.69%	2.13%	-4.75%	0%	2.44%
EBITDA ¹	12,080	15,560	36,049	26,979	26,323	19,844	19,488	20,151
Change	-	28.81%	131.68%	-25.16%	-2.43%	-24.61%	-1.8%	3.4%
EBIT ¹	4,329	6,603	29,069	20,458	19,660	12,801	11,969	12,994
Change	-	52.53%	340.24%	-29.62%	-3.9%	-34.89%	-6.5%	8.57%
Interest Paid ¹	-483	-264	-294	-154	424	-262.7	-250.5	-219.7
Earnings before Tax (EBT) ¹	3,830	6,339	28,775	20,304	20,084	13,603	12,877	13,984
Change	-	65.51%	353.94%	-29.44%	-1.08%	-32.27%	-5.34%	8.59%
Net income ¹	2,377	3,600	23,006	14,501	14,261	9,871	9,244	10,094
Change	-	51.45%	539.06%	-36.97%	-1.66%	-30.78%	-6.35%	9.2%
Announcement Date	2/11/20	2/18/21	2/24/22	2/17/23	2/22/24	-	-	-

¹EUR in Million

Estimates

Fiscal Period: Dicembre	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3
Net sales ¹	47,127	37,223	30,184	40,281	46,621	41,017	43,482	40,083	43,389	34,858	36,440	37,716	41,003	37,516	38,241	37,200	40,261	35,873	36,743	34,528	38,107	34,538	35,511	34,882
Change	-	-21.02%	-18.91%	33.45%	15.74%	-12.02%	6.01%	-7.82%	8.25%	-19.66%	4.54%	3.5%	8.72%	-8.5%	1.93%	-2.72%	8.23%	-10.9%	2.43%	-6.03%	10.36%	-9.37%	2.82%	-1.77%
EBITDA	-	-	-	-	-	-	-	-	16,156	6,840	6,237	6,884	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-57.66%	-8.82%	10.37%	-100%	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	388	617	-1,682	3,070	4,598	5,748	5,185	3,579	14,557	5,229	4,622	5,196	5,411	5,504	4,988	4,842	4,326	3,863	4,037	2,517	2,800	2,953	3,083	2,723
Change	-	59.02%	-	-	49.77%	25.01%	-9.79%	-30.97%	306.73%	-64.08%	-11.61%	12.42%	4.14%	1.72%	-9.38%	-2.93%	-10.66%	-10.7%	4.5%	-37.65%	11.25%	5.47%	4.4%	-11.68%
Charge d'intérêts	-79	-154	-60	-38	-12	-118	-96	-20	-94	-42	-73	-30	-9	65	97	138	124	-	-	-	-	-	-	-
Earnings before Tax (EBT)	304	540	-1,742	3,032	4,509	5,682	5,089	2,879	14,463	5,187	4,549	5,166	-	5,569	5,085	4,980	-	4,029	4,166	2,645	-	-	-	-
Change	-	77.63%	-	-	48.71%	26.01%	-10.44%	-43.43%	402.36%	-64.14%	-12.3%	13.56%	-100%	-	-8.69%	-2.06%	-100%	-	3.4%	-36.51%	-100%	-	-	-
Net income ¹	-109	94	-1,906	2,049	3,485	4,290	3,704	2,470	12,648	3,586	3,198	3,923	3,981	4,011	3,641	3,636	3,117	2,974	3,016	1,719	2,145	-	-	-
Change	-	-	-	-	70.08%	23.1%	-13.66%	-33.32%	412.06%	-71.65%	-10.82%	22.67%	1.48%	0.75%	-9.22%	-0.14%	-14.27%	-4.59%	1.41%	-43%	24.81%	-100%	-	-
Announcement Date	2/11/20	4/29/20	7/23/20	10/23/20	2/18/21	4/23/21	7/21/21	10/29/21	2/24/22	4/27/22	7/27/22	10/26/22	2/17/23	4/28/23	7/26/23	10/26/23	2/22/24	4/30/24	7/26/24	10/24/24	-	-	-	-

¹EUR in Million

Estimates

Fiscal Period: Dicembre	2021 S1	2022 S1	2023 S1	2023 S2	2024 S1	2024 S2
Net sales ¹	84,499	71,298	75,757	77,461	72,616	72,384
Change	-	-15.62%	6.25%	2.25%	-6.25%	-0.32%
EBITDA	-	-	-	-	-	-
Change	-	-	-	-	-	-
EBIT ¹	10,933	9,851	10,492	9,168	7,900	5,495
Change	-	-9.9%	6.51%	-12.62%	-13.83%	-30.44%
Charge d'intérêts	-	-	-	-	-	-
Earnings before Tax (EBT)	-	-	10,654	-	8,195	-
Change	-	-	-	-100%	-	-100%
Net income	-	-	7,652	-	5,990	-
Change	-	-	-	-100%	-	-100%
Announcement Date	7/21/21	7/27/22	7/26/23	2/22/24	7/26/24	-

¹EUR in Million

Estimates

Forecast Balance Sheet: Mercedes-Benz Group AG

balance-sheet-analysis-chart MERCEDES-BENZ-GROUP-AG

Fiscal Period: Dicembre	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-10,997	-17,855	-21,005	-26,637	-31,659	-30,707	-32,281	-34,297
Change	-	-262.36%	-217.64%	-226.81%	-218.85%	-196.99%	-205.13%	-206.25%
Announcement Date	2/11/20	2/18/21	2/24/22	2/17/23	2/22/24	-	-	-

¹EUR in Million

Estimates

Cash Flow Forecast: Mercedes-Benz Group AG

Fiscal Period: Dicembre	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	10,406	5,741	7,320	7,763	8,213	8,521	8,809	8,833
Change	-	-44.83%	27.5%	6.05%	5.8%	3.75%	3.37%	0.28%
Free Cash Flow (FCF) ¹	1,368	8,259	8,606	8,128	11,316	8,130	6,450	6,804
Change	-	503.73%	4.2%	-5.55%	39.22%	-28.15%	-20.66%	5.48%
Announcement Date	2/11/20	2/18/21	2/24/22	2/17/23	2/22/24	-	-	-

¹EUR in Million

Estimates

Forecast Financial Ratios: Mercedes-Benz Group AG

Fiscal Period: Dicembre	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	6.99%	10.08%	21.46%	17.98%	17.18%	13.6%	13.35%	13.48%
EBIT Margin (%)	2.51%	4.28%	17.31%	13.64%	12.83%	8.77%	8.2%	8.69%
EBT Margin (%)	2.22%	4.11%	17.13%	13.53%	13.11%	9.32%	8.82%	9.35%
Net margin (%)	1.38%	2.33%	13.7%	9.67%	9.31%	6.76%	6.33%	6.75%
FCF margin (%)	0.79%	5.35%	5.12%	5.42%	7.39%	5.57%	4.42%	4.55%
FCF / Net Income (%)	57.55%	229.42%	37.41%	56.05%	79.35%	82.37%	69.78%	67.4%
Profitability
ROA	0.81%	1.67%	4.83%	5.58%	5.45%	6.03%	5.1%	5.6%
ROE	15.3%	9.8%	22.3%	18.43%	16.1%	10.63%	9.26%	9.61%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	6.02%	3.72%	4.36%	5.17%	5.36%	5.84%	6.04%	5.91%
CAPEX / EBITDA (%)	86.14%	36.9%	20.31%	28.77%	31.2%	42.94%	45.2%	43.84%
CAPEX / FCF (%)	760.67%	69.51%	85.06%	95.51%	72.58%	104.81%	136.56%	129.83%
Items per share
Cash flow per share ¹	12.14	20.87	22.95	15.79	13.66	15.39	15.3	16.77
Change	-	71.98%	9.93%	-31.18%	-13.52%	12.73%	-0.63%	9.64%
Dividend per Share ¹	0.9	1.35	5	5.2	5.3	4.303	4.043	4.269
Change	-	50%	270.37%	4%	1.92%	-18.82%	-6.03%	5.6%
Book Value Per Share ¹	57.33	56.73	67.26	79.84	86.61	92.84	98.52	105
Change	-	-1.05%	18.55%	18.71%	8.48%	7.19%	6.12%	6.59%
EPS ¹	2.22	3.39	21.5	13.55	13.46	9.756	9.387	10.34
Change	-	52.7%	534.22%	-36.98%	-0.66%	-27.52%	-3.79%	10.15%
Nbr of stocks (in thousands)	1,069,837	1,069,837	1,069,837	1,069,837	1,040,937	952,058	952,058	952,058
Announcement Date	2/11/20	2/18/21	2/24/22	2/17/23	2/22/24	-	-	-