Added to YB: 2025-01-20
Pitch date: 2025-01-17
RACE [neutral]
Ferrari N.V.
-15.5%
current return
Author Info
FluentInQuality invests in high-quality businesses that generate steady and sustainable cashflows, proven track records, and the potential to act as a true compounding machines over the long run. 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 62.5B
Pitch Price
EUR 434.47
Price Target
N/A
Dividend
0.85%
EV/EBITDA
26.80
P/E
39.25
EV/Sales
9.04
Sector
Automobiles
Category
growth
Ferrari: Where Luxury Cars Drive Luxury Shareholder Returns
RACE (overvalued): Luxury sports car maker w/ strong brand, exclusivity & pricing power. 85% rev from cars/parts. 27.6% op margin, 22.8% ROIC. Growing FCF (19.4% CAGR) & EPS (14% 2yr est). Risks: niche market, economic cycles. Trades at premium valuation implying 21% FCF growth for 10yrs.
Read full article (18 min)