Added to YB: 2024-12-17
Pitch date: 2024-12-14
RACE [bullish]
Ferrari N.V.
-16.95%
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 62.5B
Pitch Price
EUR 442.04
Price Target
520.00 (+42%)
Dividend
0.85%
EV/EBITDA
26.80
P/E
39.25
EV/Sales
9.04
Sector
Automobiles
Category
growth
Ferrari ($RACE) Ultimate Luxury
RACE $520 PT 12m: Luxury automaker w/ strong financials (Q3 rev +6.5%, EBIT +7.1%, FCF +20.5%). 50% gross margin, 38.8% EBIT margin. Controlled growth, order book to 2026. Electrification strategy, 55% hybrid shipments. Risks: premium valuation (50.8x P/E), macro factors. Focus differentiation strategy, personalization key.
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