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Ferrari N.V.
RACE
459.84 (-0.99%) 4.54
81.95(B)
Consumer Discretionary
Automobiles
Ferrari N.V. through its subsidiaries engages in design engineering production and sale of luxury performance sports cars worldwide. The company offers sports track one-off and road cars as well as supercars. It also provides spare parts and engines as well as after sales repair maintenance and restoration services for cars; and licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods. In addition the company operates Ferrari museums in Modena and Maranello; Il Cavallino restaurant in Maranello; and theme parks in Abu Dhabi and Spain. Further it provides direct or indirect finance and leasing services; range of financial and ancillary services; special financing arrangements; and operates franchised and owned Ferrari stores. The company was founded in 1947 and is headquartered in Maranello Italy.
My Holdings:
(?% ownership)
Shares:
Cost basis:
Market cap:$81.95(B)
EV:$83.93(B)
Total Equity:$4.18(B)
Div. yield:0.77%
Earnings date:Nov-04-2025
P/E:43.79
P/E (fwd):44.26
P/FCF:37.54
P/S:10.04
P/B:19.64
EPS:$10.5
EPS (fwd):$10.4
FCF/share:$12.3
Dividend/share:$3.5
Book value/share:$23.4
ROIC:24.3%
ROA:16.9%
ROE:47.2%
Gross margin:51.2%
Net margin:22.9%
Valuation Summary TTM Financials Growth Estimates Historical Data KPIs Similar Companies Ownership Tools

RACE Valuation & Price Targets

Current Price
$460
Day change: -0.99%
PEvaluation
N/A
N/A
Analyst targets
N/A
N/A

More Valuation Methods

DCF (2-stage)
N/A
N/A
DCF (simple)
N/A
N/A
DCF (exit mult.)
N/A
N/A
Future P/E
N/A
N/A
Peter Lynch FV
N/A
N/A
Graham No.
N/A
N/A
DDM
N/A
N/A

PEvaluation

64% overvalued
Low
$122
Mid
$163
High
$204
Current price
$460
Fair P/E
Margin of safety
Market Model
Shares outstan...ROICRevenue growthDebt/FCFAssets/Liabili...
Economic moat: Very wide

EPS Estimates

LowAvgHigh#
FY+19.810.410.812
FY+210.311.912.912
FY+310.813.014.110
FY+414.214.414.73
FY+513.614.715.82
EPS

Analyst Price Targets

N/A
No analyst price targets

Analyst Recommendations

Strong Buy3
Buy3
Hold4
Sell1
Strong Sell1

EPS Estimates

LowAvgHigh#
FY+19.810.410.812
FY+210.311.912.912
FY+310.813.014.110
FY+414.214.414.73
FY+513.614.715.82

2-stage DCF

First Stage Duration
Starting Free Cash Flow
First Stage Growth Rate
Terminal Growth Rate
Discount Rate

Discounted Cash Flow

Forecast years
Terminal Growth Rate
Discount Rate
Free cash flow estimates:
Y+1 est.
Y+2 est.
0.00%
Y+3 est.
0.00%
Y+4 est.
0.00%
Y+5 est.
0.00%

Discounted Cash Flow (exit mult.)

Forecast years
Exit FCF Multiple
Discount Rate
Free cash flow estimates:
Y+1 est.
Y+2 est.
0.00%
Y+3 est.
0.00%
Y+4 est.
0.00%
Y+5 est.
0.00%

Future P/E Valuation

Projection Years
Base Revenue
Revenue Growth Rate
Final Net Margin
Final P/E Ratio
Discount Rate

Peter Lynch Fair Value

Earnings Per Share
Growth Rate

Graham Formula

Earnings Per Share
EPS Growth (7-10 years)
Government Bond Rate

Dividend Discount Model

Annual Dividend
First Stage Length (Years)
First Stage Growth Rate
Final Growth Rate
Discount Rate

Summary

TTM Financials

Income (TTM)

RevenueGrossNet
Revenue$8.20(B)
Gross profit$4.20(B)
EBITDA$2.74(B)
Net income$1.88(B)
Gross margin51.2%
Operating margin29.2%
Net margin22.9%
Shares outstanding:178.22(M)

Balance sheet

Cash & ST inv.Other ST assetsLong term assetsCurrent liabilitiesLong term debtOther LT liabilitiesEquity
Total assets$11.37(B)
Current assets$5.84(B)
Total liabilities$7.19(B)
Current liabilities$2.93(B)
Cash & Short-term inv.$1.73(B)
Long-term debt$2.13(B)
Total intangibles$2.83(B)
PP&E$2.31(B)

Cash flow (TTM)

CFOCFICFF
FCF$2.18(B)
CapEx$-582.72(M)
Dividends paid$-617.53(M)
Stock issued$0
Stock repurchased$-849.22(M)
Stock-based comp.$33.31(M)
Debt issued$1.09(B)
Debt repaid$-985.89(M)

Per share data (TTM)

Price: $460
Revenue: $45.8 (10.0x | 10.0%) Gross profit: $23.5 (19.5x | 5.1%) Earnings: $10.5 (43.8x | 2.3%)
FCF: $12.3 (37.5x | 2.7%) Stock-based Comp.: $0.19 (2460.3x | 0.0%) Dividend: $3.52 (130.6x | 0.8%)
Total Assets: $63.8 (7.2x | 13.9%) Total Liabilities: $40.3 (11.4x | 8.8%) Book Value: $23.4 (19.6x | 5.1%) Cash & ST inv.: $9.71 (47.3x | 2.1%) Debt: $11.9 (38.5x | 2.6%)

Growth Estimates

Revenue

CAGR: 6.8%
FY+1FY+2FY+3FY+4FY+5
FY+1$8.32(B)
FY+2(+10.0%)$9.15(B)
FY+3(+6.8%)$9.77(B)
FY+4(+10.3%)$10.78(B)
FY+5(+0.6%)$10.84(B)

Net Income

CAGR: 7.6%
FY+1FY+2FY+3FY+4FY+5
FY+1$1.87(B)
FY+2(+13.5%)$2.13(B)
FY+3(+8.8%)$2.31(B)
FY+4(+9.3%)$2.53(B)
FY+5(-0.6%)$2.51(B)

EPS

CAGR: 9.0%
FY+1FY+2FY+3FY+4FY+5
FY+1$10.39
FY+2(+14.2%)$11.87
FY+3(+9.4%)$12.99
FY+4(+10.8%)$14.39
FY+5(+2.1%)$14.69

FCF per share

CAGR: 8.6%
FY+1FY+2FY+3FY+4
FY+1$14.78
FY+2(+12.4%)$16.62
FY+3(+9.6%)$18.21
FY+4(+3.9%)$18.92

Historical Financials

Showing limited histrical data.
YearlyQuarterly
Income
FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY20240.01.0(B)2.0(B)3.0(B)4.0(B)5.0(B)6.0(B)
Revenue Operating Income Net IncomeCOGSGross ProfitTotal OpEx.R&DSG&AInterest ExpenseInterest IncomePre-tax incomeIncome tax
Cash flow
FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY20240.0200.0(M)400.0(M)600.0(M)800.0(M)1.0(B)1.2(B)1.4(B)
Stock-based Comp. FCFCFONet IncomeD&ACFFStock IssuedStock RepurchasedDebt IssuedDebt RepaidDividend PaidCFIAcquisitionsDivestituresCapital Expenditures
Balance sheet
FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY20240.02.0(B)4.0(B)6.0(B)8.0(B)
Total Assets Total LiabilitiesCurrent assetsCash and EquivalentsShort-term investmentsInventoriesReceivablesNon-current assetsNet PP&EIntangible AssetsGoodwillCurrent liabilitiesAccounts payableNon-current liabilitiesLong-Term DebtTotal Equity
Per share data
FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY20240.02.04.06.08.0
EPS (Basic) FCF/Share Dividend/ShareEPS (Diluted)Book value/ShareCash & ST inv./ShareDebt/Share
Ratios
FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY20240.010.020.030.040.050.0
P/E P/S EV/EarningsP/FCFP/BEV/FCFDebt/EquityPayout ratio
Margins
FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY20240%10%20%30%40%50%
Net Income Margin Operating Margin Gross MarginEBITDA MarginFCF Margin
Returns
FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY20240%5%10%15%20%
ROIC ROAROCEROE
Shares outstanding
FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY20240.050.0(M)100.0(M)150.0(M)
Shares (Basic)Shares (Diluted)
Market Cap.
FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY20240.020.0(B)40.0(B)60.0(B)
Market Cap.

KPIs

Revenue By Geography
12/20223/20236/20239/202312/20233/20246/20249/202412/20243/2025
Mainland China, Hongkong, and Taiwan Americas Italy Rest of APAC Rest of EMEA
Revenue By Segment
12/20223/20236/20239/202312/20233/20246/20249/202412/20243/2025
Cars and Spare Parts Sponsorship, Commercial, and Brand Engines Other

Similar Companies

Ownership

Major holders

*Excludes indirect insider ownership

Insiders: 30.51%
Institutions: 41.41%
Other: 28.08%

Institutional ownership

2.83% Vanguard Group Inc2.38% BAILLIE GIFFORD & CO2.00% Bank of America Corpor...1.57% Amundi1.34% Bank of Italy1.22% Goldman Sachs Group In...1.03% Jennison Associates LL...1.02% Price (T.Rowe) Associa...0.99% Alliancebernstein L.P.0.91% NORGES BANK26.12% Others

Trading Summary

In the past year, insiders have bought $0.00 worth of the company's stock, and sold $0.00.

Congress members have bought between $0.00 - $0.00 worth of the company's stock, and sold between $0.00 - $0.00.

No insider transactions data available.
No congressional trading data available.

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Required Investment

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The Required Investment Calculator helps you determine the amount of money you need to invest in a stock to achieve a desired dividend.

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Future Dividend Yield

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Current Price
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The Future Yield Calculator helps you estimate the future dividend yield of a stock based on its current dividend, price, and expected dividend growth rate.

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Future Dividend Income

Base Dividend
Number of Years
Dividend Growth Rate
What is the Future Dividend Income Calculator?

The Future Dividend Income Calculator helps you estimate the future dividend income from your investments based on the current dividend yield and expected growth rate.

How to Use This Calculator?

Enter the current dividend yield, expected growth rate, and investment duration. Optionally, preload stock data to automatically fetch the dividend yield.

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