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Mercedes-Benz Group AG (WAR:MBG) Cyclically Adjusted Price-to-FCF : 838.09 (As of Jun. 01, 2024)


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What is Mercedes-Benz Group AG Cyclically Adjusted Price-to-FCF?

As of today (2024-06-01), Mercedes-Benz Group AG's current share price is zł284.95. Mercedes-Benz Group AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was zł0.34. Mercedes-Benz Group AG's Cyclically Adjusted Price-to-FCF for today is 838.09.

The historical rank and industry rank for Mercedes-Benz Group AG's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

WAR:MBG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 825.38   Med: 894.75   Max: 942.13
Current: 832.81

During the past years, Mercedes-Benz Group AG's highest Cyclically Adjusted Price-to-FCF was 942.13. The lowest was 825.38. And the median was 894.75.

WAR:MBG's Cyclically Adjusted Price-to-FCF is ranked worse than
97.37% of 495 companies
in the Vehicles & Parts industry
Industry Median: 21.57 vs WAR:MBG: 832.81

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Mercedes-Benz Group AG's adjusted free cash flow per share data for the three months ended in Mar. 2024 was zł12.856. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is zł0.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mercedes-Benz Group AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Mercedes-Benz Group AG's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mercedes-Benz Group AG Cyclically Adjusted Price-to-FCF Chart

Mercedes-Benz Group AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Mercedes-Benz Group AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 925.75

Competitive Comparison of Mercedes-Benz Group AG's Cyclically Adjusted Price-to-FCF

For the Auto Manufacturers subindustry, Mercedes-Benz Group AG's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mercedes-Benz Group AG's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mercedes-Benz Group AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Mercedes-Benz Group AG's Cyclically Adjusted Price-to-FCF falls into.



Mercedes-Benz Group AG Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Mercedes-Benz Group AG's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=284.95/0.34
=838.09

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mercedes-Benz Group AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Mercedes-Benz Group AG's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=12.856/125.0381*125.0381
=12.856

Current CPI (Mar. 2024) = 125.0381.

Mercedes-Benz Group AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -7.069 99.543 -8.880
201409 0.726 99.823 0.909
201412 -29.946 99.543 -37.616
201503 1.470 99.717 1.843
201506 -10.079 100.417 -12.550
201509 -5.087 100.417 -6.334
201512 -15.259 99.717 -19.134
201603 -2.169 100.017 -2.712
201606 -2.788 100.717 -3.461
201609 -5.732 101.017 -7.095
201612 -9.839 101.217 -12.155
201703 -0.421 101.417 -0.519
201706 -7.451 102.117 -9.123
201709 -4.288 102.717 -5.220
201712 -38.890 102.617 -47.387
201803 -5.880 102.917 -7.144
201806 -9.381 104.017 -11.277
201809 -19.785 104.718 -23.624
201812 -9.538 104.217 -11.444
201903 -7.494 104.217 -8.991
201906 -4.660 105.718 -5.512
201909 6.890 106.018 8.126
201912 -7.092 105.818 -8.380
202003 -3.267 105.718 -3.864
202006 21.064 106.618 24.703
202009 30.462 105.818 35.995
202012 11.068 105.518 13.116
202103 13.049 107.518 15.175
202106 23.689 108.486 27.303
202109 29.855 109.435 34.112
202112 8.404 110.384 9.520
202203 5.924 113.968 6.499
202206 13.529 115.760 14.613
202209 13.755 118.818 14.475
202212 5.018 119.345 5.257
202303 7.167 122.402 7.321
202306 7.843 123.140 7.964
202309 5.682 124.195 5.721
202312 4.323 123.773 4.367
202403 12.856 125.038 12.856

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Mercedes-Benz Group AG  (WAR:MBG) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Mercedes-Benz Group AG Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Mercedes-Benz Group AG's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Mercedes-Benz Group AG (WAR:MBG) Business Description

Address
Mercedesstrasse 120, Stuttgart, BW, DEU, 70372
Based in Stuttgart, Germany, Mercedes-Benz Group makes premium and luxury passenger vehicles and commercial vans. Brands include Mercedes-Benz, AMG, and Maybach. Mercedes-Benz Mobility provides the company's dealers and its customers with vehicle financing as well as mobility services in ride hailing, car sharing, and charging. Mercedes owns 9.74% of Aston Martin and 9.55% of Beijing Automotive Group. Through Tenaciou3 Prospect Investment, Li Shufu, chair of Chinese automaker Geely, owns 9.69% of Mercedes-Benz. Other major shareholders include Beijing Automotive Group at 9.98% and Kuwait Investment Authority at 4.9% (6.8% before the sale of a 1.9% stake in March 2023).