Added to YB: 2026-03-30
Pitch date: 2026-03-27
RACE [neutral]
Ferrari N.V.
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 48.8B
Pitch Price
N/A
Price Target
N/A
Dividend
1.31%
EV/EBITDA
20.62
P/E
30.85
EV/Sales
7.04
Sector
Automobiles
Category
growth
Ferrari: D(ep)rive to Survive?
RACE (deep dive): 45% drawdown despite strong fundamentals. F80 Supercar ($3.6M base, 799 units pre-sold, deliveries 2026-28) could drive 15-20% of revenue at peak vs 9% currently. Mgmt guides ~5% CAGR to 2030 vs prior 9% rev/14% EBIT CAGRs hit early. Potential F80 Aperta (~€7M ASP, 100-150 units) + SP4 Icona upside not in guidance. Range depreciation risk from oversupply being addressed via tighter allocation (Amalfi, Testarossa, Luce capped at 20%). EV Luce mirroring Purosangue playbook. Setup implies conservative guidance may be beaten again as F80 ramp materializes.
Read full article (9 min)