Mercedes-Benz Group AG (MBGAF)
Mercedes-Benz Group AG operates in the Auto - Manufacturers industry of the Consumer Cyclical sector, headquartered in Stuttgart, BW, DE. The stock last traded at $50.25, down 1.72% on the session, giving a market capitalisation of $48.11B. On trailing twelve-month figures it carries a trailing P/E of 8.22, a net margin of 3.9%. Its beta of 0.68 implies it has historically moved less than the broad market.
Mercedes-Benz Group AG, a global automotive enterprise headquartered in Stuttgart, Germany, traces its origins back to its founding in 1886. The company, which rebranded from Daimler AG in February 2022, is primarily involved in the design, manufacturing, and sale of a diverse portfolio of vehicles. Its extensive vehicle lineup encompasses premium and luxury passenger cars under the esteemed Mercedes-Benz marque, which includes high-performance Mercedes-AMG models, the iconic G-Class, ultra-luxurious Mercedes-Maybach vehicles, and the innovative electric Mercedes-EQ series. Additionally, the company markets compact automobiles under its smart brand and provides commercial vans through both the Mercedes-Benz and Freightliner brands. Beyond vehicles, Mercedes-Benz Group AG supplies essential spare parts and accessories, and offers a comprehensive digital ecosystem for its Mercedes-Benz vehicles via the Mercedes me brand. Furthermore, the company extends its services to include a wide array of financial and mobility solutions. These offerings feature financing and leasing packages for both individual customers and dealerships, automotive insurance brokerage, and banking services. It also provides car subscription and rental programs, fleet management, and various digital services for vehicle charging and payments, along with other general mobility services.
Mercedes-Benz Group AG is most often compared with the following Consumer Cyclical names: