Logo
RACE logo
Ferrari N.V.
RACE
503.84 (0.00%) 0.00
90.13(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 range special series Icona and supercars; limited edition supercars and one-off cars; and track cars. It also provides racing cars and 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 to retail clients and dealers; manages racetracks; develops and sells a range of apparel and accessories; and operates franchised and owned Ferrari stores. The company also sells its products through a network of authorized dealers operating points of sale as well as through its website. The company was founded in 1947 and is headquartered in Maranello Italy.
Holdings:
Shares:
Cost basis:

Ferrari N.V. (RACE) price target and intrinsic value estimate

RACE's fair price estimate is $134.4

This valuation is based on a fair P/E of 14.6 and EPS estimates of $9.19

The median analyst price target for RACE is $489.8.

Analyst price targets range from $386.7 to $581.1

Is RACE overvalued or undervalued?

RACE is currently trading at $503.84

RACE is overvalued by 275% using the pevaluation method.

RACE is overvalued by 3% compared to median analyst price targets.

Do you agree with this valuation?

Valuation

PEvaluation

Current price
$503.84
Overvalued
Low
$101
Median
$134
High
$168
Fair P/E
Margin of safety

Analyst valuation

Current price
$503.84
Fairly valued
Low
$387
Median
$490
High
$581
Strong Buy3
Buy6
Hold5
Sell0
Strong Sell1

Discounted cash-flow

N/A
Negative FCF or FCF estimates
TTM FCFFCF est.Growth FCFTerminal FCF
Discount
rate
10%
Terminal
rate
5%
Growth p.
length
5y
Growth p.
rate
10%
Shares outstan...ROICRevenue growthDebt/FCFAssets/Liabili...
Economic moat: Very wide
None/narrowMediumWideVery wide

Overview

Market data

Market cap:$90.13(B)
Enterprise value:$91.79(B)
Total Equity:$3.46(B)
Shares outstanding:178.88(M)
Div. yield:0.00%
P/S:13.09
P/E:57.45
P/FCF:N/A
P/B:26.15
EPS:$8.8
FCF per share:$0.0
Dividend per share:$0.0

Income (TTM)

RevenueGrossNet
Revenue$6.92(B)
Gross profit$3.47(B)
EBITDA$2.26(B)
Net income$1.58(B)
Gross margin50.1%
Net margin22.9%

Balance sheet

Cash & ST inv.Other ST assetsLong term assetsCurrent liabilitiesLong term debtOther LT liabilitiesEquity
Total assets$0
Total liabilities$0
Cash & Short-term inv.$1.56(B)
Long-term debt$0
Debt issued$0
Debt repaid$0

Cash flow (TTM)

CFOCFICFF
FCF$0
CapEx$0
Dividends paid$0
Stock issued$0
Stock repurchased$0
Stock-based comp.$0

Future Growth

Revenue

CAGR: 7.0%
FY+1FY+2FY+3FY+4FY+5
FY+1$7.43(B)
FY+2$8.14(B)
FY+3$8.67(B)
FY+4$9.27(B)
FY+5$9.74(B)

Net Income

CAGR: 9.1%
FY+1FY+2FY+3FY+4FY+5
FY+1$1.66(B)
FY+2$1.90(B)
FY+3$2.04(B)
FY+4$2.24(B)
FY+5$2.36(B)

EPS

CAGR: 11.9%
FY+1FY+2FY+3FY+4
FY+1$9.23
FY+2$10.81
FY+3$11.79
FY+4$12.92

FCF per share

CAGR: 10.8%
FY+1FY+2FY+3
FY+1$12.51
FY+2$14.48
FY+3$15.35

Similar Companies

Historical Financials

Showing limited histrical data. Access 10+ years of financials now! Upgrade
YearlyQuarterly
Income
FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023
RevenueNet IncomeCOGSGross ProfitTotal OpEx.R&DSG&AOperating IncomeInterest ExpenseInterest IncomePre-tax incomeIncome tax
Cash flow
FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023
FCFCFONet IncomeD&AStock-based Comp.CFFStock IssuedStock RepurchasedDebt IssuedDebt RepaidDividend PaidCFIAcquisitionsDivestituresCapital Expenditures
Balance sheet
FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023
Total AssetsTotal LiabilitiesCurrent assetsCash and EquivalentsShort-term investmentsInventoriesReceivablesNon-current assetsNet PP&EGoodwillCurrent liabilitiesAccounts payableNon-current liabilitiesLong-Term DebtTotal Equity
Shares outstanding
FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023
Shares (Basic)Shares (Diluted)
Per share data
FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023
EPS (Basic)EPS (Diluted)FCF/ShareDividend/ShareBook value/Share
Ratios
FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023
P/EP/FCFP/BP/SEV/EarningsEV/FCFDebt/EquityPayout ratio
Margins
FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023
Net Income MarginOperating MarginGross MarginEBITDA MarginFCF Margin
Returns
FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023
ROICROAROCEROE
Market Cap.
FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023
Market Cap.