Daimler Truck Holding AG (DTGGe.DE ) – Higher demand continues

Daimler Truck Holding AG (Q1FY23)

Introduction

Daimler Truck Holding AG manufactures and sells light, medium- and heavy-duty trucks and buses in Europe, North America, Asia, Latin America, and internationally. It operates through five segments: Trucks North America, Mercedes-Benz, Trucks Asia, Daimler Buses, and Financial Services. The company offers light, medium, and heavy-duty trucks; city and intercity buses, touring coaches, and bus chassis; industrial engines; and special vehicles that are primarily used in the municipal sector, as well as new and used commercial vehicles.

It also provides various financial services, such as leasing, financing, hire purchase, and insurance products under the Daimler Truck Financial Services brand name. In addition, the company offers connectivity solutions under the Detroit Connect, Fuso Connect, Mercedes-Benz Uptime, and Fleetboard brands; and aftersales services, such as maintenance and repair, as well as sells spare parts. It provides trucks and buses under the Mercedes-Benz, Freightliner, Western Star, FUSO, BharatBenz, Setra, and Thomas Built Buses brand names.

Highlights

In North America, the heavy-duty truck market continued to show strong demand with a 32% Y/Y increase in the first two months of 2023. Daimler’s market share came in at a strong level of 33.5% during this period.

Stock performance

Daimler Truck’s stock price increased by 31% to €31.88 in Jul 10, 2023 from €24.37 in Jul 15, 2022. The stock had a 52-week high of €33.32 and a 52-week low of €22.48. The stock had a 50-Day Moving Average of €30.26 and a 200-Day Moving Average €29.52.

Over the past 3 months, Daimler Trucks generated returns of 11% where the stock price increased from €28.73 in Apr 11, 2023 to €31.88 in Jul 10, 2023.

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Highlights

Valuation

– Enterprise Value
– CrispIdea Forecast
– Economic Value Added Analysis
– Discounted Cash Flow Analysis
– P/E Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– Key Metrics

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance

Ownership

Stock Price Performance

Crispidea Coverage

No of Pages: 32

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