0.10%
0.07%
-7.01%
8.04%
27.81%
103.40%
167.29%
AI Spotlight on RACE
Company Description
Ferrari N.V., through its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars.The company offers sports, GT, and special series cars; limited edition hyper cars; one-off and track cars; and Icona cars.It also provides racing cars, and spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars.
In addition, the company licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods; Ferrari World, a theme park in Abu Dhabi, the United Arab Emirates; and Ferrari Land Portaventura, a theme park in Europe.Further, it provides direct or indirect finance and leasing services to retail clients and dealers; manages racetracks, as well as owns and manages two museums in Maranello and Modena, Italy; and develops and sells a line of apparel and accessories through its monobrand stores.As of December 31, 2021, it had a total of 30 retail Ferrari stores, including 14 franchised stores and 16 owned stores.
The company also sells its products through a network of 172 authorized dealers operating 191 points of sale worldwide, as well as through its website, store.ferrari.com.Ferrari N.V. was founded in 1947 and is headquartered in Maranello, Italy.
Market Data
| Last Price | 412.7 |
| Change Percentage | 0.10% |
| Open | 415.3 |
| Previous Close | 412.3 |
| Market Cap ( Millions) | 74039 |
| Volume | 347893 |
| Year High | 456.7 |
| Year Low | 315.3 |
| M A 50 | 415.91 |
| M A 200 | 407.95 |
Financial Ratios
| FCF Yield | 1.43% |
| Dividend Yield | 0.59% |
| ROE | 44.82% |
| Debt / Equity | 92.77% |
| Net Debt / EBIDTA | 62.18% |
| Price To Book | 22.21 |
| Price Earnings Ratio | 51.79 |
| Price To FCF | 70.14 |
| Price To sales | 11.45 |
| EV / EBITDA | 30.0 |
News
- Jan -27 - FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
- Jan -26 - The Best Electric Vehicle Stock You Never Saw Coming
- Jan -26 - With 37% ownership of the shares, Ferrari N.V. (NYSE:RACE) is heavily dominated by institutional owners
- Jan -24 - FERRARI TO ANNOUNCE 2024 FULL YEAR AND FOURTH QUARTER FINANCIAL RESULTS ON FEBRUARY 4
- Jan -21 - Trump tariffs would be 'tremendously inflationary' for automakers
- Jan -20 - FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
- Jan -17 - 2025 Corporate Calendar
- Jan -16 - Declining Stock and Solid Fundamentals: Is The Market Wrong About Ferrari N.V. (NYSE:RACE)?
- Jan -13 - FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
- Jan -12 - Investing in Ferrari (NYSE:RACE) five years ago would have delivered you a 155% gain
- Jan -10 - 2 One-of-a-Kind Stocks to Buy in 2025
- Jan -10 - DXC expands partnership with Ferrari
- Jan -09 - Opulence and exclusivity: taking notice of high-end assets
- Dec -30 - Why Ferrari N.V. (RACE) Is the Top Luxury Stock According to Hedge Funds
- Dec -29 - Is Ferrari N.V. (RACE) A Good Car Stock To Invest In Now?
- Dec -26 - Ferrari N.V. (NYSE:RACE) is a favorite amongst institutional investors who own 37%
- Dec -22 - This Luxury Goods Superstar Is Making a $4 Million Supercar. Is the Stock a Buy Today?
- Dec -21 - Ferrari Devised A Clever Way To Play Customers, But Rolls-Royce And Maserati Took A Different Route β 'A $250,000 Car Is An Impulse Buy'
- Dec -20 - FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
- Dec -18 - Bitcoinβs rally is nudging more luxury companies to make crypto a payment optionβand sends a strong message to its younger clientele
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Cars and Spare Parts
Expected Growth : 9.08 %
What the company do ?
Ferrari N.V. offers high-performance cars and genuine spare parts, ensuring optimal performance and authenticity for Ferrari owners and enthusiasts.
Why we expect these perspectives ?
Ferrari's 9.08% growth in Cars and Spare Parts is driven by increasing demand for luxury vehicles, particularly in Asia and the Middle East. Strong brand reputation, limited production, and high-performance models contribute to premium pricing. Additionally, Ferrari's strategic partnerships and limited-edition models fuel growth, while a growing spare parts business supports high-margin revenue.
Segment nΒ°2 -> Sponsorship, Commercial and Brand
Expected Growth : 9.9 %
What the company do ?
Ferrari N.V.'s Sponsorship refers to partnerships, Commercial involves licensing and merchandising, and Brand represents the iconic Italian luxury sports car maker's image and reputation.
Why we expect these perspectives ?
Ferrari N.V.'s 9.9% growth in Sponsorship, Commercial, and Brand segments is driven by increased brand exposure through Formula 1 racing, strategic partnerships, and limited-edition car launches. Additionally, the company's expanding brand portfolio, including luxury goods and experiences, contributes to revenue growth.
Segment nΒ°3 -> Other
Expected Growth : 4.83 %
What the company do ?
The 'Other' segment from Ferrari N.V. includes revenue from the sale of Ferrari-branded merchandise, licensing, and other commercial activities.
Why we expect these perspectives ?
Ferrari's 4.83% growth is driven by increasing demand for luxury vehicles, particularly in Asia and the Middle East. Strong brand reputation, limited production, and strategic pricing contribute to revenue growth. Additionally, Ferrari's expansion into new markets, such as SUVs, and investments in e-commerce and digital platforms enhance sales and customer engagement.
Segment nΒ°4 -> Engines
Expected Growth : 6.37 %
What the company do ?
Ferrari N.V.'s engines are high-performance powertrains designed for racing and luxury vehicles, delivering exceptional power, speed, and efficiency.
Why we expect these perspectives ?
Ferrari's 6.37% growth in engine sales is driven by increasing demand for high-performance vehicles, expansion into new markets, and strategic partnerships with luxury car manufacturers. Additionally, Ferrari's focus on innovation, such as hybrid and electric powertrains, is attracting new customers and driving revenue growth.
Ferrari N.V. Products
| Product Range | What is it ? |
|---|---|
| Sports Cars | High-performance sports cars designed for speed and agility, featuring iconic designs and advanced technology. |
| Racing Cars | High-performance racing cars designed for professional racing, featuring advanced aerodynamics and lightweight materials. |
| Luxury Cars | Luxurious grand tourers and GT cars that combine comfort, style, and performance, featuring premium materials and advanced technology. |
| Ferrari Approved Certified Pre-Owned | Certified pre-owned Ferrari vehicles that have undergone rigorous inspections and refurbishment, offering a guarantee of quality and authenticity. |
| Ferrari Fashion and Accessories | Luxury fashion and accessories inspired by Ferrari's iconic style and performance, featuring high-quality materials and craftsmanship. |
| Ferrari Theme Park Experiences | Immersive theme park experiences that bring the Ferrari brand to life, featuring thrill rides, exhibits, and interactive attractions. |
| Ferrari Esports | Competitive esports competitions and simulations that allow gamers to experience Ferrari's performance and racing heritage. |
Ferrari N.V.'s Porter Forces
Threat Of Substitutes
Ferrari's products are highly differentiated and have a strong brand image, making it difficult for substitutes to emerge.
Bargaining Power Of Customers
Ferrari's customers have some bargaining power due to the high-end nature of the products, but the brand's exclusivity and loyalty programs help to mitigate this.
Bargaining Power Of Suppliers
Ferrari has a strong supply chain and long-term relationships with suppliers, reducing the bargaining power of suppliers.
Threat Of New Entrants
The high barriers to entry in the luxury sports car market, including high R&D costs and regulatory hurdles, make it difficult for new entrants to emerge.
Intensity Of Rivalry
The luxury sports car market is highly competitive, with established players like Lamborghini and Porsche, and Ferrari must continually innovate and differentiate to maintain its market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 51.25% |
| Debt Cost | 3.95% |
| Equity Weight | 48.75% |
| Equity Cost | 8.81% |
| WACC | 6.32% |
| Leverage | 105.13% |
Ferrari N.V. : Quality Control
Ferrari N.V. passed 7 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| BMW.DE | Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, develops, manufactures, and sells automobiles and motorcycles, and spare parts and accessories worldwide. It operates through Automotive, Motorcycles, and Financial Services segments. β¦ |
| EXO.AS | Exor N.V., together with its subsidiaries, engages in the luxury goods, automotive, agricultural equipment, construction equipment, commercial vehicles, and professional football businesses. The company designs, engineers, produces, and sells luxury β¦ |
| ML.PA | Compagnie GΓ©nΓ©rale des Γtablissements Michelin SociΓ©tΓ© en commandite par actions manufactures and sells tires worldwide. The company offers tires for private use covering cars, racing, biking, motorcycles, scooters, and mopeds; β¦ |
| VOW3.DE | Volkswagen AG manufactures and sells automobiles primarily in Europe, North America, South America, and the Asia-Pacific. The company operates in four segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, β¦ |
| MBG.DE | Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. The company develops, manufactures, and sells passenger cars comprising premium and luxury vehicles of the Mercedes-Benz brand, including β¦ |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
π₯
Mercedes-Benz
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1-Year Total Return ->
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Michelin
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1-Year Total Return ->
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VW
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4
BMW
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1-Year Total Return ->
5
Exor
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1-Year Total Return ->
6
