Mercedes-Benz Group AGWAR:MBG -1.54%83 ROE % is 6.01% as of Mar. 2026, which is 55% below its 10-year median of 13.29. GuruFocus rates WAR:MBG with a GF Score™ of 83/100 and a GF Value™ of zł241.68 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,308 Vehicles & Parts companies, Mercedes-Benz Group AG ranks worse than 55.81% on this metric.
The historical rank and industry rank for Mercedes-Benz Group AG's ROE % or its related term are showing as below:
WAR:MBG'
s ROE % Range Over the Past 10 Years
Min: 3.77 Med: 13.29 Max: 34.69
Current: 5.26
During the past 13 years, Mercedes-Benz Group AG's highest ROE % was 34.69%. The lowest was 3.77%. And the median was 13.29%.
WAR:MBG's ROE % is ranked worse than 55.81% of 1308
companies
in the Vehicles & Parts industry
Industry Median: 6.62
vs WAR:MBG: 5.26
Mercedes-Benz Group AG (WAR:MBG) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
* 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.
For the Auto Manufacturers subindustry, Mercedes-Benz Group AG's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Mercedes-Benz Group AG's ROE % distribution charts can be found below:
* The bar in red indicates where Mercedes-Benz Group AG's ROE % falls into.
* 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Mercedes-Benz Group AG (WAR:MBG) has a ROE % of 6.01% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Mercedes-Benz Group AG and its competitors. This is 55% below median its historical median of 13.29. Over the past decade, Mercedes-Benz Group AG's ROE % has ranged from 3.77 to 34.69. According to the industry distribution chart, Mercedes-Benz Group AG ranks #730 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 55.8%.
Is Mercedes-Benz Group AG's ROE % too high?
Mercedes-Benz Group AG's current ROE % of 6.01% is 55% below median its 10-year median of 13.29. Over the past 10 years, this metric has ranged from a low of 3.77 to a high of 34.69. The Vehicles & Parts industry median ROE % is 6.62. Mercedes-Benz Group AG's value of 6.01% is 9.2% below this industry median. Based on the distribution chart, Mercedes-Benz Group AG ranks #730 out of 1308 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Mercedes-Benz Group AG has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mercedes-Benz Group AG's ROE % compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Mercedes-Benz Group AG ranks #730 out of 1308 companies for ROE %. This places Mercedes-Benz Group AG in the lower half of its industry. The industry median ROE % is 6.62. Mercedes-Benz Group AG's value of 6.01% is 9.2% below this benchmark. Historically, Mercedes-Benz Group AG's own ROE % has ranged from 3.77 to 34.69 over the past decade. While the company's 10-year median is 13.29 vs. the industry median of 6.62, 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 ROE % for a Vehicles & Parts company?
The median ROE % among Vehicles & Parts companies is 6.62, based on 1,308 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mercedes-Benz Group AG's current ROE % of 6.01% is 9.2% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Mercedes-Benz Group AG and its competitors. For the Vehicles & Parts industry, the median ROE % is 6.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercedes-Benz Group AG's current ROE % is 6.01%, which is 55% below median its own 10-year median of 13.29. 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 zł241.68, compared to a current price of zł191.82 — trading 20.6% below its estimated fair value. The current ROE % is 6.01%, which is 55% below median its 10-year median of 13.29 and 9.2% below the Vehicles & Parts industry median of 6.62. Mercedes-Benz Group AG's overall GF Score™ is 83/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Mercedes-Benz Group AG (WAR:MBG), the current ROE % is 6.01% 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 20.6% below its estimated GF Value™ of zł241.68.
GuruFocus considers Mercedes-Benz Group AG to be Modestly Undervalued.
Key valuation signals for WAR:MBG:
ROE %: 6.01% (55% below median its 10-year median of 13.29)
GF Value™: zł241.68 vs. price of zł191.82 (20.6% below fair value)
Industry Position: 9.2% below the Vehicles & Parts median (#730 of 1308)
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 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%.
83GF Score
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