Ferrari N.V.

$ 309.10 -1.48 %

Ferrari N.V. is an esteemed Italian corporation primarily engaged in the design, engineering, production, and global sale of high-performance luxury sports cars. Its extensive automotive lineup encompasses standard sports models, Grand Tourers (GTs), exclusive special series, limited-edition hypercars, bespoke one-off creations, track-focused vehicles, and the unique Icona series, in addition to dedicated racing cars. Beyond manufacturing, Ferrari offers a full suite of services, including the provision of spare parts and engines, comprehensive after-sales support, repairs, maintenance, and expert restoration services for its prestigious vehicles. The company strategically extends its iconic brand presence through licensing agreements with various manufacturers and retailers of upscale lifestyle products. It also lends its name to major entertainment destinations, specifically Ferrari World in Abu Dhabi, UAE, and Ferrari Land Portaventura in Europe. Ferrari further facilitates its sales through direct and indirect financing and leasing options for both retail clients and its extensive dealer network. Additionally, its operations include managing several racetracks and overseeing two automotive museums located in Maranello and Modena, Italy. Ferrari also designs and markets a range of apparel and accessories through its dedicated monobrand boutiques. By the end of 2021, the company maintained a global presence of 30 retail Ferrari stores, a mix of franchised and company-owned establishments. Its vehicles are distributed globally via an extensive network of 172 authorized dealers operating 191 sales points, supplemented by direct online sales through its official website, store.ferrari.com. Founded in 1947, Ferrari N.V. maintains its headquarters in Maranello, Italy.

CEO: Benedetto Vigna - https://www.ferrari.com

Price objectif

-

Recommandation

Buy

DCF

$ 146.33

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2FE.DE vs S&P500

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Quick ratio

1.89

suggests a healthy liquidity position, showing that the company can likely meet its short-term obligations.

P/E ratio

34.38

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

8.99

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

41.89 %

is generally considered excellent, indicating that the company is generating strong profits with its equity.

ROIC

18.26 %

generates a return higher than the cost of its capital, thereby creating value for its investors.

WACC

6.85

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.72

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

9.16

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

33.12 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
7 indicates good financial health
Altman score
7.55 indicates good financial health and low risk of bankruptcy
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Cash / Debt

Cash Ratio
0.84 indicates that the company has a moderate ability to cover its short-term debts with its cash
Debt Ratio
0.29 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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