Is Mercedes-Benz stock undervalued?
Within the past 12 months, MBGYY’s P/CF has been as high as 3. Value investors will likely look at more than just these metrics, but the above data helps show that Mercedes-Benz Group AG is likely undervalued currently. MBGYY is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with a P/E ratio of 6. Over the past year, MBGYY’s Forward P/E has been as high as 8.
Is Mercedes-Benz a good stock to own?
Despite the better-than-expected earnings, we remain slightly positive on mercedes stock with a price estimate of around $66 per share, which is about 10% higher than the market price. Mercedes-benz sales by major market or country in 2023 – thereof u. s. china remained the most important single-country market for mercedes-benz in 2023 followed by the us and germany.Summary. Mercedes-Benz is a BUY: deeply undervalued with a P/E of 6. Tariff and China concerns are overstated; Mercedes’ US production and flexible cost structure mitigate risks, while capital discipline remains strong.November 21, 2023 – Mercedes-Benz has further expanded its leading position as the most valuable luxury automobile brand in the world in the current “Best Global Brands 2023” ranking. After five years in a row at number eight, the star now shines as the seventh most important brand in the world.Mercedes-Benz Group has a consensus rating of Moderate Buy, which is based on 6 buy ratings, 9 hold ratings and 0 sell ratings. The average share price target for Mercedes-Benz Group is 60.
Is a Mercedes-Benz a good investment?
Mercedes-Benz cars also hold their resale value. This means if you decide to sell it later, you might get more money back than other cars. Plus, they come with advanced technology like smart safety features and a smooth infotainment system. New Mercedes-Benz vehicles are equipped with luxurious amenities, state-of-the-art technology, and powerful performance capabilities. These vehicles are engineered to provide exceptional comfort and driving experience for every commute.If you value luxury, comfort and a refined driving experience, Mercedes-Benz is the better choice. The brand’s S-Class and E-Class models are renowned for their opulent interiors, advanced technology and smooth ride quality. However, it’s important to consider factors such as budget, maintenance costs and resale value.Several Mercedes-Benz models are known for lasting well over 100,000 miles. They are great for long-term ownership. Mercedes is famous for luxury and performance, but some models stand out for their durability.Mercedes-Benz AG (a subsidiary of the Mercedes-Benz Group, established in 2019) is based in Stuttgart, Baden-Württemberg, Germany. Mercedes-Benz AG manufactures luxury vehicles and light commercial vehicles, all branded under the Mercedes-Benz name.The Mercedes-Benz Group is the largest individual shareholder of Daimler Truck Holding AG. Other major shareholders include the Mercedes-Benz Pension Trust e. V. Kuwait Investment Authority.