(RACE) Ferrari - Overview
Sector: Consumer Cyclical | Industry: Auto Manufacturers | Exchange: MI (Italy) | Market Cap: 53.131m EUR | Total Return: -28.1% in 12m
Avg Turnover: 143M
EPS Trend: 94.9%
Qual. Beats: 0
Rev. Trend: 98.2%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Ferrari N.V. is a luxury performance vehicle manufacturer headquartered in Maranello, Italy. The company designs and produces high-performance sports cars, supercars, and track-specific models, while also supplying engines and spare parts. Its business model extends beyond automotive manufacturing to include brand licensing for lifestyle goods, the operation of museums and theme parks, and the provision of specialized financial and leasing services.
Operating within the ultra-luxury segment, Ferrari utilizes a low-volume production strategy to maintain high residual values and brand exclusivity. Unlike mass-market automobile manufacturers, the company generates significant revenue through high-margin vehicle customization programs and after-sales restoration services. Investors can examine detailed valuation metrics for this sector on ValueRay. The companys vertically integrated production facility in Italy remains central to its engineering and design identity.
- High personalization and limited series models drive significant EBITDA margin expansion
- Order book visibility through 2026 stabilizes long-term revenue growth expectations
- Transition to electric powertrain technology requires intensive research and development capital
- Brand licensing and lifestyle diversification increase high-margin recurring revenue streams
- Global luxury demand resilience offsets macroeconomic volatility in key regional markets
| Net Income: 1.60b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.14 > 0.02 and ΔFCF/TA 1.00 > 1.0 |
| NWC/Revenue: 48.14% < 20% (prev 41.72%; Δ 6.42% < -1%) |
| CFO/TA 0.61 > 3% & CFO 6.28b > Net Income 1.60b |
| Net Debt (-1.70b) to EBITDA (2.80b): -0.60 < 3 |
| Current Ratio: 2.85 > 1.5 & < 3 |
| Outstanding Shares: last quarter (176.5m) vs 12m ago 0.78% < -2% |
| Gross Margin: 51.61% > 18% (prev 0.51%; Δ 5.11k% > 0.5%) |
| Asset Turnover: 71.49% > 50% (prev 69.43%; Δ 2.06% > 0%) |
| Interest Coverage Ratio: 106.1 > 6 (EBITDA TTM 2.80b / Interest Expense TTM 20.0m) |
| A: 0.34 (Total Current Assets 5.35b - Total Current Liabilities 1.88b) / Total Assets 10.2b |
| B: 0.39 (Retained Earnings 4.02b / Total Assets 10.2b) |
| C: 0.21 (EBIT TTM 2.12b / Avg Total Assets 10.1b) |
| D: 0.65 (Book Value of Equity 4.02b / Total Liabilities 6.18b) |
| Altman-Z'' = 5.60 = AAA |
| DSRI: 0.18 (Receivables 378.9m/2.01b, Revenue 7.20b/6.88b) |
| GMI: 0.98 (GM 51.61% / 50.52%) |
| AQI: 0.99 (AQ_t 0.27 / AQ_t-1 0.27) |
| SGI: 1.05 (Revenue 7.20b / 6.88b) |
| TATA: -0.46 (NI 1.60b - CFO 6.28b) / TA 10.2b) |
| Beneish M = -4.16 (Cap -4..+1) = AAA |
As of May 25, 2026, the stock is trading at EUR 301.55 with a total of 542,108 shares traded.
Over the past week, the price has changed by +7.93%,
over one month by +0.67%,
over three months by -3.64% and
over the past year by -28.14%.
Ferrari has no consensus analysts rating.
P/E Trailing = 33.5428
P/E Forward = 30.303
P/S = 7.3761
P/B = 12.9783
P/EG = 3.7938
Revenue TTM = 7.20b EUR
EBIT TTM = 2.12b EUR
EBITDA TTM = 2.80b EUR
Long Term Debt = 2.77b EUR (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 161.3m EUR (Leases only: 161.3m)
Net Debt = -1.70b EUR (calculated: Debt 161.3m - CCE 1.86b)
Enterprise Value = 51.4b EUR (53.1b + Debt 161.3m - CCE 1.86b)
Interest Coverage Ratio = 106.1 (Ebit TTM 2.12b / Interest Expense TTM 20.0m)
EV/FCF = 36.91x (Enterprise Value 51.4b / FCF TTM 1.39b)
FCF Yield = 2.71% (FCF TTM 1.39b / Enterprise Value 51.4b)
FCF Margin = 19.35% (FCF TTM 1.39b / Revenue TTM 7.20b)
Net Margin = 22.19% (Net Income TTM 1.60b / Revenue TTM 7.20b)
Gross Margin = 51.61% ((Revenue TTM 7.20b - Cost of Revenue TTM 3.49b) / Revenue TTM)
Gross Margin QoQ = 51.83% (prev 51.88%)
Tobins Q-Ratio = 5.02 (Enterprise Value 51.4b / Total Assets 10.2b)
Interest Expense / Debt = 12.38% (Interest Expense 20.0m / Debt 161.3m)
Taxrate = 23.00% (123.5m / 536.8m)
NOPAT = 1.63b (EBIT 2.12b * (1 - 23.00%))
Current Ratio = 2.85 (Total Current Assets 5.35b / Total Current Liabilities 1.88b)
Debt / Equity = 0.04 (Debt 161.3m / totalStockholderEquity, last quarter 4.05b)
Debt / EBITDA = -0.60 (Net Debt -1.70b / EBITDA 2.80b)
Debt / FCF = -1.22 (Net Debt -1.70b / FCF TTM 1.39b)
Total Stockholder Equity = 3.82b (last 4 quarters mean from totalStockholderEquity)
RoA = 15.86% (Net Income 1.60b / Total Assets 10.2b)
RoE = 41.86% (Net Income TTM 1.60b / Total Stockholder Equity 3.82b)
RoCE = 32.19% (EBIT 2.12b / Capital Employed (Equity 3.82b + L.T.Debt 2.77b))
RoIC = 19.52% (NOPAT 1.63b / Invested Capital 8.36b)
WACC = 8.09% (E(53.1b)/V(53.3b) * Re(8.09%) + D(161.3m)/V(53.3b) * Rd(12.38%) * (1-Tc(0.23)))
Discount Rate = 8.09% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -42.22 | Cagr: -0.94%
[DCF] Terminal Value 76.82% ; FCFF base≈1.34b ; Y1≈1.47b ; Y5≈1.86b
[DCF] Fair Price = 171.2 (EV 28.5b - Net Debt -1.70b = Equity 30.2b / Shares 176.2m; r=8.35% [WACC [floored]]; 5y FCF grow 11.44% → 2.50% )
EPS Correlation: 94.87 | EPS CAGR: 16.51% | SUE: -0.20 | # QB: 0
Revenue Correlation: 98.22 | Revenue CAGR: 10.10% | SUE: 0.43 | # QB: 0
EPS current Quarter (2026-06-30): EPS=2.50 | Chg30d=+3.73% | Revisions=+0% | Analysts=3
EPS next Quarter (2026-09-30): EPS=2.40 | Chg30d=-1.44% | Revisions=-20% | Analysts=2
EPS current Year (2026-12-31): EPS=9.59 | Chg30d=-0.45% | Revisions=-7% | GrowthEPS=+7.1% | GrowthRev=+5.9%
EPS next Year (2027-12-31): EPS=10.56 | Chg30d=+0.46% | Revisions=+45% | GrowthEPS=+9.8% | GrowthRev=+7.4%
[Analyst] Revisions Ratio: +45%