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Added to YB: 2024-07-03

Pitch date: 2024-03-31

DTG.F [bullish]

Daimler Truck Holding AG

-12.4%

current return

Author Info

No bio for this author

Company Info

Daimler Truck Holding AG manufactures and sells light, medium- and heavy-duty trucks and buses in Europe, North America, Asia, Latin America, and internationally.

Market Cap

EUR 24.6B

Pitch Price

EUR 42.51

Price Target

N/A

Dividend

6.12%

EV/EBITDA

7.58

P/E

6.85

EV/Sales

0.82

Sector

Machinery

Category

turnaround

Show full summary:
Ariel Investments International Developed Markets New Position: Daimler Truck Holding AG

DTG.F: Top truck OEM, attractive entry on cyclical pessimism. Q4 beat w/ record Mercedes margins, strong FCF. Favorable 2024 outlook. Self-help efforts to boost margins & profitability. Expect multiple gap vs PACCAR to narrow. Potential for higher margins throughout cycle.

Read full article (1 min)