Added to YB: 2026-06-17
Pitch date: 2026-06-14
RACE [neutral]
Ferrari N.V.
+0.82%
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 56.2B
Pitch Price
EUR 316.20
Price Target
N/A
Dividend
1.18%
EV/EBITDA
23.40
P/E
35.53
EV/Sales
7.96
Sector
Automobiles
Category
growth
Ferrari - An unreasonable car company
RACE (overview): Luxury (not premium) auto play. FY25: 13,640 cars sold (vs 13,752 FY24), rev €7.15B (€6B cars), +19% since 2023 on price hikes w/ flat volume. 29.5% op margin vs Mercedes 5.3%, Porsche 17-20%. Special Series/Icona ~7% volume but ~25% profit (40-60% margins). Maranello-only, art-like scarcity, seduction over selling.
Read full article (12 min)