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Mercedes-Benz Group AG (BUD:MERCEDESBENZ) Cyclically Adjusted Price-to-FCF : 820.55 (As of Jun. 12, 2024)


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

As of today (2024-06-12), Mercedes-Benz Group AG's current share price is Ft25790.00. Mercedes-Benz Group AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was Ft31.43. Mercedes-Benz Group AG's Cyclically Adjusted Price-to-FCF for today is 820.55.

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:

BUD:MERCEDESBENZ' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 813.88   Med: 852.38   Max: 942.13
Current: 820.4

During the past years, Mercedes-Benz Group AG's highest Cyclically Adjusted Price-to-FCF was 942.13. The lowest was 813.88. And the median was 852.38.

BUD:MERCEDESBENZ's Cyclically Adjusted Price-to-FCF is ranked worse than
97.37% of 494 companies
in the Vehicles & Parts industry
Industry Median: 20.91 vs BUD:MERCEDESBENZ: 820.40

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 Ft1,192.717. 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 Ft31.43 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
=25790.00/31.43
=820.55

* 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)
=1192.717/125.0381*125.0381
=1,192.717

Current CPI (Mar. 2024) = 125.0381.

Mercedes-Benz Group AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -655.806 99.543 -823.775
201409 67.351 99.823 84.364
201412 -2,778.164 99.543 -3,489.725
201503 136.416 99.717 171.057
201506 -935.073 100.417 -1,164.346
201509 -471.945 100.417 -587.662
201512 -1,415.600 99.717 -1,775.070
201603 -201.229 100.017 -251.571
201606 -258.691 100.717 -321.160
201609 -531.753 101.017 -658.201
201612 -912.787 101.217 -1,127.610
201703 -39.092 101.417 -48.197
201706 -691.250 102.117 -846.407
201709 -397.781 102.717 -484.221
201712 -3,607.969 102.617 -4,396.281
201803 -545.508 102.917 -662.759
201806 -870.348 104.017 -1,046.236
201809 -1,835.524 104.718 -2,191.710
201812 -884.882 104.217 -1,061.665
201903 -695.220 104.217 -834.112
201906 -432.301 105.718 -511.306
201909 639.174 106.018 753.847
201912 -657.955 105.818 -777.465
202003 -303.095 105.718 -358.487
202006 1,954.168 106.618 2,291.789
202009 2,826.104 105.818 3,339.432
202012 1,026.862 105.518 1,216.829
202103 1,210.628 107.518 1,407.902
202106 2,197.730 108.486 2,533.050
202109 2,769.731 109.435 3,164.644
202112 779.685 110.384 883.197
202203 549.637 113.968 603.025
202206 1,255.162 115.760 1,355.758
202209 1,276.076 118.818 1,342.881
202212 464.989 119.345 487.171
202303 664.903 122.402 679.220
202306 727.633 123.140 738.846
202309 527.168 124.195 530.748
202312 392.986 123.773 397.003
202403 1,192.717 125.038 1,192.717

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  (BUD:MERCEDESBENZ) 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 (BUD:MERCEDESBENZ) 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).

Mercedes-Benz Group AG (BUD:MERCEDESBENZ) Headlines

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