Daimler Truck Holding AG
🇩🇪 DTG.XETRA · Frankfurt · DE000DTR0CK8
Industrials
EUR 42.47 price at analysis
Scores
Key Metrics
Powered by EODHDP/E (TTM)
16.6
P/E (Price-to-Earnings)Shows how much investors pay for each $1 of profit. We display the TTM P/E (Trailing Twelve Months) which uses actual earnings from the last 4 quarters. This is more reliable than Forward P/E which uses analyst estimates.
Calculation: 42.47 ÷ 2.56 = 16.6
TTM period through: 2025-12-31
Forward P/E (estimated): 13.3
Based on analyst estimates
Reference: Provider P/E (Trailing): 18.2
Yield (Fwd)
4.47%
Dividend YieldThe Forward yield (Fwd) shows the next announced annual dividend / current price — what you'd earn going forward. The Trailing yield (TTM) in the tooltip shows dividends actually paid in the last 12 months. Forward is shown as primary because it reflects the company's current commitment to shareholders.
Trailing Yield (TTM): 4.49%
Net Debt/EBITDA (TTM)
3.5x
Latest quarter: 22.1x
Net Debt / EBITDAA leverage ratio showing how many years of EBITDA (earnings before interest, taxes, depreciation, and amortization) it would take to repay net debt. EBITDA approximates operating cash generation. Lower ratios (e.g., <3x) are generally safer; higher (e.g., >5x) may indicate more financial risk.
TTM through: 2025-12-31
Latest quarter (2025-12-31): 22.1x
The quarterly value can spike when quarterly EBITDA is very low (e.g., one-time charges).
Quick guide: <2x manageable, >4x can be risky (sector-dependent).
Payout (Fwd)
74.2%
Payout RatioDividends as a percentage of earnings. The Forward payout (Fwd) uses the announced dividend divided by actual past earnings (TTM) — it tells you if the company can afford what it promised. Very high payouts can be risky, especially if profits fall.
Announced dividend / actual earnings (TTM)
Payout (TTM): 74.2%
Cash Flow Payout (TTM): 33.7%
FCF Coverage (TTM): 2.20x
ROE
8.1%
ROE (Return on Equity)A profitability measure: how much profit is generated from shareholders’ equity. Higher isn’t always better if it comes from high debt.
EV/EBITDA
11.6x
EV/EBITDAA valuation ratio that compares total business value (including debt) to EBITDA. Lower can mean cheaper, but context matters.
Summary
Daimler Truck is a global commercial vehicle leader providing essential transportation infrastructure for supply chains worldwide. Trading at €42.47, below our monopoly-adjusted fair value estimate of €46.11, this represents an attractive entry point for dividend investors seeking quality industrial exposure. The very secure 4.5% yield, backed by robust free cash flow, provides reliable income while waiting for cyclical trucking markets to recover.
Sector Context
Daimler Truck Holding AG is the world's largest commercial vehicle manufacturer, producing trucks and buses under brands like Mercedes-Benz and Freightliner, while also offering fleet financing and aftersales services. For dividend investors, while industrial manufacturing is inherently cyclical, commercial trucking forms the essential backbone of global logistics, providing long-term demand visibility and reliable cash flow generation required to support sustainable dividends.
Temporary Opportunity Identified
Cyclical downturn in global commercial vehicle demand (specifically a 16% drop in North American markets) combined with temporary margin pressures from new US import tariffs.
📊 Strategy Analysis
- • Trading at €42.47, below our quality-adjusted fair value upper bound of €46.11, offering upside potential for a dominant global market leader.
- • The attractive 4.49% dividend yield is exceptionally well-covered by free cash flow (33.7% cash flow payout ratio), ensuring dividend safety despite current cyclical headwinds.
- • Management is actively creating shareholder value through a strong share buyback program and strategic pricing adjustments to defend margins against recent US tariff pressures.
- • Holds a commanding competitive position, including an approximate 40% market share in the US with Freightliner, providing significant scale advantages and pricing power.
⚠ What to Watch
- • Recent 8-quarter trajectory shows cyclical declines in both revenue and earnings, directly reflecting a 16% downturn in the North American truck market.
- • Net Debt/EBITDA has increased to 3.51x, nearing our 4.0x caution threshold, though elevated leverage is somewhat typical for manufacturers with captive financing divisions.
- • Higher-for-longer interest rates and geopolitical inflation risks could prolong the current cyclical trough by delaying expensive fleet renewals.
📊 Historical Trends (10 Years)
Powered by EODHDThese charts show how key metrics have evolved over the past decade, helping you identify if the company is improving or deteriorating.
Debt Evolution (Net Debt / EBITDA)
Lower values are better. A declining trend indicates the company is reducing its debt (deleveraging).
Revenue & Earnings Growth
Consistent growth in revenueRevenue
The money a company brings in from selling its products or services. It’s the top line before costs. (blue) and earningsEarnings (Profit)
What’s left after expenses. Positive earnings mean the business made a profit; negative means a loss. (green) indicates a healthy business. Look for upward trends and recoveries after temporary dips.
Dividend Sustainability (FCF vs Dividends Paid)
Free cash flowFree Cash Flow
Cash left after the company pays for running the business and maintaining it. Often used to fund dividends, pay debt, or buy back shares. (FCFFCF (Free Cash Flow)
Short for Free Cash Flow: cash left after operating needs and maintenance spending., blue) should cover dividends paidDividends Paid
Cash the company paid out to shareholders. It’s not guaranteed and can change over time. (green). If dividends consistently exceed FCFFCF (Free Cash Flow)
Short for Free Cash Flow: cash left after operating needs and maintenance spending., the dividend may be at risk.
Analysis date: 2026-04-04
Disclaimer: This information is for educational purposes only. Not financial advice.