Added to YB: 2025-12-16
Pitch date: 2025-12-12
RACE [neutral]
Ferrari N.V.
Author Info
Coughlin Capital is a long-term investor dedicated to uncovering quality, undervalued companies. Sharing my journey as a do-it-yourself investor with in-depth research, actionable insights, and lessons learned along the way. Sign up for the newsletter.
Company Info
Ferrari N.V., through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide.
Market Cap
EUR 55.5B
Pitch Price
EUR 314.00
Price Target
N/A
Dividend
0.95%
EV/EBITDA
23.88
P/E
34.92
EV/Sales
8.05
Sector
Automobiles
Category
value
[Update] Ferrari (RACE)
RACE (update): Stock down on multiple compression after Capital Markets Day showed 5% revenue CAGR to 2030 vs growth expectations, only 20% EV mix by 2030 vs narrative. Business unchanged - luxury economics w/ 35%+ EBITDA margins, scarcity model intact. Trading ~30x vs 60x peak, mgmt buying back aggressively.
Read full article (4 min)