Mercedes-Benz Group AG (HAM:DAII) Cyclically Adjusted FCF per Share: €0.92 (As of Mar. 2026)


HAM:DAII Mercedes-Benz Group AG HAM:DAII
70 GF Score
Price €11.00
GF Value €13.87
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Mercedes-Benz Group AG Cyclically Adjusted FCF per Share?

Mercedes-Benz Group AG HAM:DAII +4.76% 70 Cyclically Adjusted FCF per Share is €0.92 as of Mar. 2026. GuruFocus rates HAM:DAII with a GF Score™ of 70/100 and a GF Value™ of €13.87 (Modestly Undervalued). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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 for the three months ended in Mar. 2026 was €0.525. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €0.92 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mercedes-Benz Group AG's average Cyclically Adjusted FCF Growth Rate was 80.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Mercedes-Benz Group AG was 66.20% per year. The lowest was -17.40% per year. And the median was 10.10% per year.

As of today (2026-07-03), Mercedes-Benz Group AG's current stock price is €11.00. Mercedes-Benz Group AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €0.92. Mercedes-Benz Group AG's Cyclically Adjusted Price-to-FCF of today is 11.96.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mercedes-Benz Group AG was 942.13. The lowest was 11.71. And the median was 24.79.


Mercedes-Benz Group AG  (HAM:DAII) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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 Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=11.00/0.92
=11.96

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mercedes-Benz Group AG was 942.13. The lowest was 11.71. And the median was 24.79.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Mercedes-Benz Group AG Cyclically Adjusted FCF per Share Related Terms


Mercedes-Benz Group AG Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Mercedes-Benz Group AG's Cyclically Adjusted FCF per Share 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.

Mercedes-Benz Group AG Cyclically Adjusted FCF per Share Chart

Mercedes-Benz Group AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.84

Mercedes-Benz Group AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share 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 0.00 0.00 0.00 0.84 0.92

HAM:DAII vs TSLA, GM, F: Cyclically Adjusted FCF per Share Comparison

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 Cyclically Adjusted Price-to-FCF vs 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.


HAM:DAII
70GF Score
Mercedes-Benz Group AG HAM:DAII
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Mercedes-Benz Group AG Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Mercedes-Benz Group AG's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.525/131.2583*131.2583
=0.525

Current CPI (Mar. 2026) = 131.2583.

Mercedes-Benz Group AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.158 100.717 -0.206
201609 -0.324 101.017 -0.421
201612 -0.592 101.217 -0.768
201703 -0.025 101.417 -0.032
201706 -0.421 102.117 -0.541
201709 -0.228 102.717 -0.291
201712 -2.086 102.617 -2.668
201803 -0.303 102.917 -0.386
201806 -0.510 104.017 -0.644
201809 -1.076 104.718 -1.349
201812 -0.532 104.217 -0.670
201903 -0.421 104.217 -0.530
201906 -0.262 105.718 -0.325
201909 0.397 106.018 0.492
201912 -0.405 105.818 -0.502
202003 -0.188 105.718 -0.233
202006 1.187 106.618 1.461
202009 1.641 105.818 2.036
202012 0.577 105.518 0.718
202103 0.696 107.518 0.850
202106 1.248 108.486 1.510
202109 1.611 109.435 1.932
202112 0.472 110.384 0.561
202203 0.341 113.968 0.393
202206 0.812 115.760 0.921
202209 0.882 118.818 0.974
202212 0.300 119.345 0.330
202303 0.425 122.402 0.456
202306 0.459 123.140 0.489
202309 0.336 124.195 0.355
202312 0.251 123.773 0.266
202403 0.751 125.038 0.788
202406 0.170 125.882 0.177
202409 0.647 126.198 0.673
202412 0.681 127.041 0.704
202503 1.165 127.779 1.197
202506 0.635 128.412 0.649
202509 0.623 129.255 0.633
202512 -0.279 129.361 -0.283
202603 0.525 131.258 0.525

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

What does a Cyclically Adjusted FCF per Share of €0.92 mean?
Mercedes-Benz Group AG (HAM:DAII) has a Cyclically Adjusted FCF per Share of €0.92 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Mercedes-Benz Group AG and its competitors.
Is Mercedes-Benz Group AG's Cyclically Adjusted FCF per Share too high?
Mercedes-Benz Group AG's current Cyclically Adjusted FCF per Share is €0.92. Overall, Mercedes-Benz Group AG has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mercedes-Benz Group AG's Cyclically Adjusted FCF per Share compare to TSLA and GM?
Mercedes-Benz Group AG's Cyclically Adjusted FCF per Share of €0.92 can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Vehicles & Parts company?
A good Cyclically Adjusted FCF per Share depends on the Vehicles & Parts industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Mercedes-Benz Group AG and its competitors. Mercedes-Benz Group AG's current Cyclically Adjusted FCF per Share is €0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercedes-Benz Group AG stock overvalued right now?
Based on GuruFocus' analysis, Mercedes-Benz Group AG (HAM:DAII) is currently considered Modestly Undervalued. The stock's GF Value™ is €13.87, compared to a current price of €11.00 — trading 20.7% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €0.92. Mercedes-Benz Group AG's overall GF Score™ is 70/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Mercedes-Benz Group AG (HAM:DAII), the current Cyclically Adjusted FCF per Share is €0.92 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mercedes-Benz Group AG (HAM:DAII) Overvalued in 2026?

Based on GuruFocus' analysis, Mercedes-Benz Group AG stock appears to be undervalued. The current stock price of €11.00 is trading 20.7% below its estimated GF Value™ of €13.87. GuruFocus considers Mercedes-Benz Group AG to be Modestly Undervalued.

Key valuation signals for HAM:DAII:

  • Cyclically Adjusted FCF per Share: €0.92
  • GF Value™: €13.87 vs. price of €11.00 (20.7% below fair value)
  • GF Score™: 70/100 with 5 warning signs

No single metric tells the full story. See the HAM:DAII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mercedes-Benz Group AG Business Description

Address Mercedesstrasse 120, Stuttgart, BW, DEU, 70372
Mercedes-Benz Group is a premium automotive original equipment manufacturer, selling around 2 million passenger cars, including its Chinese joint venture, and just under 400,000 vans per year. The company's financial profile improved significantly following the spinoff of Daimler Truck in 2021. Unlike most automotive OEMs, Mercedes operates under its brand alone. In 2025, 15% of its passenger cars sold were top end (G Class, Maybach, AMG, S Class), 58% were core (C and E Class), and 27% entry (A and B Class). In volume terms, Asia and Europe are Mercedes' largest markets, representing 41% and 36% of 2025 vehicle sales, respectively, followed by North America at 16%.
70GF Score

Get the complete analysis for HAM:DAII

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€11.00
Price
€13.87
GF Value