Ferrari N.V. (RACE)
- Previous Close
475.88 - Open
482.01 - Bid 473.02 x 800
- Ask 496.00 x 800
- Day's Range
475.37 - 482.80 - 52 Week Range
330.15 - 498.23 - Volume
298,002 - Avg. Volume
275,228 - Market Cap (intraday)
85.607B - Beta (5Y Monthly) 0.99
- PE Ratio (TTM)
57.17 - EPS (TTM)
8.34 - Earnings Date Nov 5, 2024
- Forward Dividend & Yield 2.62 (0.55%)
- Ex-Dividend Date Apr 22, 2024
- 1y Target Est
493.76
Ferrari N.V., through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide. The company offers range, special series, Icona, and supercars; limited edition supercars and one-off cars; and track cars. It also provides racing cars, and spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars; and licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods. In addition, the company operates Ferrari museums in Modena and Maranello; Il Cavallino restaurant in Maranello; and theme parks in Abu Dhabi and Spain. Further, it provides direct or indirect finance and leasing services to retail clients and dealers; manages racetracks; develops and sells a range of apparel and accessories; and operates franchised and owned Ferrari stores. The company also sells its products through a network of authorized dealers operating points of sale, as well as through its website. The company was founded in 1947 and is headquartered in Maranello, Italy.
www.ferrari.com5,239
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
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Performance Overview: RACE
Trailing total returns as of 11/1/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: RACE
View MoreValuation Measures
Market Cap
86.10B
Enterprise Value
88.05B
Trailing P/E
57.24
Forward P/E
49.26
PEG Ratio (5yr expected)
14.94
Price/Sales (ttm)
12.47
Price/Book (mrq)
25.39
Enterprise Value/Revenue
12.71
Enterprise Value/EBITDA
32.93
Financial Highlights
Profitability and Income Statement
Profit Margin
21.79%
Return on Assets (ttm)
12.93%
Return on Equity (ttm)
47.67%
Revenue (ttm)
6.36B
Net Income Avi to Common (ttm)
1.39B
Diluted EPS (ttm)
8.34
Balance Sheet and Cash Flow
Total Cash (mrq)
1.35B
Total Debt/Equity (mrq)
100.72%
Levered Free Cash Flow (ttm)
494.53M
Research Analysis: RACE
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Research Reports: RACE
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Ferrari: Prioritizing Exclusivity May Cap Growth, but Ensures Wide Moat Is Maintained
Ferrari designs, engineers and manufactures some of the world's most expensive luxury cars. With supply carefully controlled to be below demand and a brand steeped in decades of motor racing history, a Ferrari is viewed as a status symbol. In 2023, the company sold 13,663 vehicles at an average price over EUR 400,000 with more than 70% of its vehicles being sold to existing Ferrari clients. Eighty-six percent of revenue is generated from sales of cars and spare parts, 10% from sponsorship linked to its racing activities, and the remainder sourced from its captive finance company. In 2023, the Europe, Middle East, and Africa region accounted for 48% of revenue, the Americas was 30%, China was 10%, and rest of Asia was 13%.
RatingPrice TargetFerrari: Prioritizing Exclusivity May Cap Growth, but Ensures Wide Moat Is Maintained
Ferrari designs, engineers and manufactures some of the world's most expensive luxury cars. With supply carefully controlled to be below demand and a brand steeped in decades of motor racing history, a Ferrari is viewed as a status symbol. In 2023, the company sold 13,663 vehicles at an average price over EUR 400,000 with more than 70% of its vehicles being sold to existing Ferrari clients. Eighty-six percent of revenue is generated from sales of cars and spare parts, 10% from sponsorship linked to its racing activities, and the remainder sourced from its captive finance company. In 2023, the Europe, Middle East, and Africa region accounted for 48% of revenue, the Americas was 30%, China was 10%, and rest of Asia was 13%.
RatingPrice TargetFerrari: Prioritizing Exclusivity May Cap Growth, but Ensures Wide Moat Is Maintained
Ferrari designs, engineers and manufactures some of the world's most expensive luxury cars. With supply carefully controlled to be below demand and a brand steeped in decades of motor racing history, a Ferrari is viewed as a status symbol. In 2023, the company sold 13,663 vehicles at an average price over EUR 400,000 with more than 70% of its vehicles being sold to existing Ferrari clients. Eighty-six percent of revenue is generated from sales of cars and spare parts, 10% from sponsorship linked to its racing activities, and the remainder sourced from its captive finance company. In 2023, the Europe, Middle East, and Africa region accounted for 48% of revenue, the Americas was 30%, China was 10%, and rest of Asia was 13%.
RatingPrice Target