Mercedes-Benz Group AG (CHIX:MBGD) Earnings Yield (Joel Greenblatt) %: 5.66% (As of Mar. 2026) — 45% Below Median

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CHIX:MBGD Mercedes-Benz Group AG CHIX:MBGD
71 GF Score
Price €44.55
GF Value €55.30
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Mercedes-Benz Group AG Earnings Yield (Joel Greenblatt) %?

Mercedes-Benz Group AG CHIX:MBGD 71 Earnings Yield (Joel Greenblatt) % is 5.66% as of Mar. 2026, which is 45% below its 10-year median of 10.20. GuruFocus rates CHIX:MBGD with a GF Score™ of 71/100 and a GF Value™ of €55.30 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,334 Vehicles & Parts companies, Mercedes-Benz Group AG ranks better than 51.42% on this metric.

Mercedes-Benz Group AG's Enterprise Value for the quarter that ended in Mar. 2026 was €108,610 Mil. Mercedes-Benz Group AG's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €6,190 Mil. Mercedes-Benz Group AG's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 5.66%.

The historical rank and industry rank for Mercedes-Benz Group AG's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

CHIX:MBGd' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.67   Med: 10.2   Max: 17.77
Current: 5.99

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Mercedes-Benz Group AG was 17.77%. The lowest was 1.67%. And the median was 10.20%.

CHIX:MBGd's Earnings Yield (Joel Greenblatt) % is ranked better than
51.42% of 1334 companies
in the Vehicles & Parts industry
Industry Median: 5.705 vs CHIX:MBGd: 5.99

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Mercedes-Benz Group AG's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 12.57%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


Mercedes-Benz Group AG  (CHIX:MBGd) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Mercedes-Benz Group AG Earnings Yield (Joel Greenblatt) % Related Terms


Mercedes-Benz Group AG Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Mercedes-Benz Group AG's Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % Chart

Mercedes-Benz Group AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.81 16.34 15.55 11.88 5.51

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
Earnings Yield (Joel Greenblatt) % 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 11.45 9.61 7.65 5.51 5.66

CHIX:MBGD vs TSLA, GM, F: Earnings Yield (Joel Greenblatt) % Comparison

For the Auto Manufacturers subindustry, Mercedes-Benz Group AG's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mercedes-Benz Group AG's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Mercedes-Benz Group AG's Earnings Yield (Joel Greenblatt) % falls into.


CHIX:MBGD
71GF Score
Mercedes-Benz Group AG CHIX:MBGD
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mercedes-Benz Group AG Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

Mercedes-Benz Group AGs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=6682/121353.9597
=5.51 %

Mercedes-Benz Group AG's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €6,190 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 5.66% mean?
Mercedes-Benz Group AG (CHIX:MBGD) has a Earnings Yield (Joel Greenblatt) % of 5.66% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Mercedes-Benz Group AG and its competitors. This is 45% below median its historical median of 10.20. Over the past decade, Mercedes-Benz Group AG's Earnings Yield (Joel Greenblatt) % has ranged from 1.67 to 17.77. According to the industry distribution chart, Mercedes-Benz Group AG ranks #648 out of 1334 companies in the Vehicles & Parts industry, placing it in the top 48.6%.
Is Mercedes-Benz Group AG's Earnings Yield (Joel Greenblatt) % too high?
Mercedes-Benz Group AG's current Earnings Yield (Joel Greenblatt) % of 5.66% is 45% below median its 10-year median of 10.20. Over the past 10 years, this metric has ranged from a low of 1.67 to a high of 17.77. The Vehicles & Parts industry median Earnings Yield (Joel Greenblatt) % is 5.71. Mercedes-Benz Group AG's value of 5.66% is 0.8% below this industry median. Based on the distribution chart, Mercedes-Benz Group AG ranks #648 out of 1334 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Mercedes-Benz Group AG has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mercedes-Benz Group AG's Earnings Yield (Joel Greenblatt) % compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Mercedes-Benz Group AG ranks #648 out of 1334 companies for Earnings Yield (Joel Greenblatt) %. This puts Mercedes-Benz Group AG in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.71. Mercedes-Benz Group AG's value of 5.66% is 0.8% below this benchmark. Historically, Mercedes-Benz Group AG's own Earnings Yield (Joel Greenblatt) % has ranged from 1.67 to 17.77 over the past decade. While the company's 10-year median is 10.20 vs. the industry median of 5.71, Mercedes-Benz Group AG has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Vehicles & Parts company?
The median Earnings Yield (Joel Greenblatt) % among Vehicles & Parts companies is 5.71, based on 1,334 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mercedes-Benz Group AG's current Earnings Yield (Joel Greenblatt) % of 5.66% is 0.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Mercedes-Benz Group AG and its competitors. For the Vehicles & Parts industry, the median Earnings Yield (Joel Greenblatt) % is 5.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercedes-Benz Group AG's current Earnings Yield (Joel Greenblatt) % is 5.66%, which is 45% below median its own 10-year median of 10.20. 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 (CHIX:MBGD) is currently considered Modestly Undervalued. The stock's GF Value™ is €55.30, compared to a current price of €44.55 — trading 19.4% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 5.66%, which is 45% below median its 10-year median of 10.20 and 0.8% below the Vehicles & Parts industry median of 5.71. Mercedes-Benz Group AG's overall GF Score™ is 71/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Mercedes-Benz Group AG (CHIX:MBGD), the current Earnings Yield (Joel Greenblatt) % is 5.66% 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 (CHIX:MBGD) Overvalued in 2026?

Based on GuruFocus' analysis, Mercedes-Benz Group AG stock appears to be undervalued. The current stock price of €44.55 is trading 19.4% below its estimated GF Value™ of €55.30. GuruFocus considers Mercedes-Benz Group AG to be Modestly Undervalued.

Key valuation signals for CHIX:MBGD:

  • Earnings Yield (Joel Greenblatt) %: 5.66% (45% below median its 10-year median of 10.20)
  • GF Value™: €55.30 vs. price of €44.55 (19.4% below fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 0.8% below the Vehicles & Parts median (#648 of 1334)

No single metric tells the full story. See the CHIX:MBGD 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%.
71GF Score

Get the complete analysis for CHIX:MBGD

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€44.55
Price
€55.30
GF Value