Added to YB: 2026-02-12
Pitch date: 2026-02-10
RACE [neutral]
Ferrari N.V.
-0.51%
current return
Author Info
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Company Info
Ferrari N.V., through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide.
Market Cap
EUR 49.9B
Pitch Price
EUR 312.70
Price Target
N/A
Dividend
N/A
EV/EBITDA
21.54
P/E
31.43
EV/Sales
7.19
Sector
Automobiles
Category
growth
Ferrari Exploratory Report
RACE (overview): Luxury performance car maker selling ~13k vehicles/year generating €7bn revenue at 28% operating margin ($142k operating profit/vehicle vs Ford's $2.5k). 2-year waitlist shows demand strength. Revenues grew 11% CAGR since 2015 spin-off from Fiat, with personalization driving 20% of car revenue. EBIT expanded from €820mn (2018) to €2.05bn LTM as margins rose from 19% to 29%. Stock down 35% from peak, trading at 32x P/E (vs 50x+ prior). Key question: Can they balance volume growth with brand exclusivity?
Read full article (6 min)