Mercedes-Benz Group AG (WAR:MBG) Cyclically Adjusted FCF per Share: zł15.90 (As of Mar. 2026)


WAR:MBG Mercedes-Benz Group AG WAR:MBG
82 GF Score
Price zł191.82
GF Value zł240.39
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 WAR:MBG +1.06% 82 Cyclically Adjusted FCF per Share is zł15.90 as of Mar. 2026. GuruFocus rates WAR:MBG with a GF Score™ of 82/100 and a GF Value™ of zł240.39 (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 zł9.233. 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 zł15.90 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 (2026-07-12), Mercedes-Benz Group AG's current stock price is zł191.82. Mercedes-Benz Group AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was zł15.90. Mercedes-Benz Group AG's Cyclically Adjusted Price-to-FCF of today is 12.06.

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 24.65.


Mercedes-Benz Group AG  (WAR:MBG) 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
=191.82/15.90
=12.06

* 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 24.65.


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 -0.83 6.96 14.17

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 8.63 11.04 13.10 14.17 15.90

WAR:MBG 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.


WAR:MBG
82GF Score
Mercedes-Benz Group AG WAR:MBG
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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)
=9.233/131.2583*131.2583
=9.233

Current CPI (Mar. 2026) = 131.2583.

Mercedes-Benz Group AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -2.693 100.717 -3.510
201609 -5.535 101.017 -7.192
201612 -9.500 101.217 -12.320
201703 -0.407 101.417 -0.527
201706 -7.195 102.117 -9.248
201709 -4.140 102.717 -5.290
201712 -37.552 102.617 -48.033
201803 -5.678 102.917 -7.242
201806 -9.059 104.017 -11.431
201809 -19.104 104.718 -23.946
201812 -9.210 104.217 -11.600
201903 -7.236 104.217 -9.113
201906 -4.499 105.718 -5.586
201909 6.653 106.018 8.237
201912 -6.848 105.818 -8.494
202003 -3.155 105.718 -3.917
202006 20.339 106.618 25.040
202009 29.415 105.818 36.487
202012 10.688 105.518 13.295
202103 12.600 107.518 15.382
202106 22.874 108.486 27.676
202109 28.828 109.435 34.577
202112 8.115 110.384 9.650
202203 5.721 113.968 6.589
202206 13.064 115.760 14.813
202209 13.282 118.818 14.673
202212 4.840 119.345 5.323
202303 6.920 122.402 7.421
202306 7.573 123.140 8.072
202309 5.451 124.195 5.761
202312 4.171 123.773 4.423
202403 12.414 125.038 13.032
202406 2.783 125.882 2.902
202409 10.929 126.198 11.367
202412 10.842 127.041 11.202
202503 19.170 127.779 19.692
202506 11.150 128.412 11.397
202509 11.118 129.255 11.290
202512 -4.964 129.361 -5.037
202603 9.233 131.258 9.233

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 zł15.90 mean?
Mercedes-Benz Group AG (WAR:MBG) has a Cyclically Adjusted FCF per Share of zł15.90 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 zł15.90. Overall, Mercedes-Benz Group AG has a GF Score™ of 82/100 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 zł15.90 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 zł15.90. 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 (WAR:MBG) is currently considered Modestly Undervalued. The stock's GF Value™ is zł240.39, compared to a current price of zł191.82 — trading 20.2% below its estimated fair value. The current Cyclically Adjusted FCF per Share is zł15.90. Mercedes-Benz Group AG's overall GF Score™ is 82/100 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 (WAR:MBG), the current Cyclically Adjusted FCF per Share is zł15.90 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 (WAR:MBG) Overvalued in 2026?

Based on GuruFocus' analysis, Mercedes-Benz Group AG stock appears to be undervalued. The current stock price of zł191.82 is trading 20.2% below its estimated GF Value™ of zł240.39. GuruFocus considers Mercedes-Benz Group AG to be Modestly Undervalued.

Key valuation signals for WAR:MBG:

  • Cyclically Adjusted FCF per Share: zł15.90
  • GF Value™: zł240.39 vs. price of zł191.82 (20.2% below fair value)
  • GF Score™: 82/100 with 5 warning signs

No single metric tells the full story. See the WAR:MBG 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%.
82GF Score

Get the complete analysis for WAR:MBG

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

zł191.82
Price
zł240.39
GF Value