FERRARI NV (2FE.DE) Stock Fundamental Analysis
FRA:2FE - Deutsche Boerse Ag - NL0011585146 - Common Stock - Currency: EUR
2FE gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 28 industry peers in the Automobiles industry. 2FE has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. 2FE is valied quite expensively at the moment, while it does show a decent growth rate. With these ratings, 2FE could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
In the past year 2FE was profitable.
2FE had a positive operating cash flow in the past year.
In the past 5 years 2FE has always been profitable.
In the past 5 years 2FE always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 15.96%, 2FE belongs to the top of the industry, outperforming 96.43% of the companies in the same industry.
2FE has a better Return On Equity (44.32%) than 96.43% of its industry peers.
2FE's Return On Invested Capital of 21.04% is amongst the best of the industry. 2FE outperforms 96.43% of its industry peers.
2FE had an Average Return On Invested Capital over the past 3 years of 19.26%. This is significantly above the industry average of 6.64%.
The last Return On Invested Capital (21.04%) for 2FE is above the 3 year average (19.26%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.96% | ||
| ROE | 44.32% | ||
| ROIC | 21.04% |
ROA(3y)14.53%
ROA(5y)13.08%
ROE(3y)39.98%
ROE(5y)38.33%
ROIC(3y)19.26%
ROIC(5y)17.08%
1.3 Margins
With an excellent Profit Margin value of 22.99%, 2FE belongs to the best of the industry, outperforming 96.43% of the companies in the same industry.
In the last couple of years the Profit Margin of 2FE has grown nicely.
2FE's Operating Margin of 28.75% is amongst the best of the industry. 2FE outperforms 92.86% of its industry peers.
In the last couple of years the Operating Margin of 2FE has grown nicely.
The Gross Margin of 2FE (50.52%) is better than 96.43% of its industry peers.
In the last couple of years the Gross Margin of 2FE has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 28.75% | ||
| PM (TTM) | 22.99% | ||
| GM | 50.52% |
OM growth 3Y4.01%
OM growth 5Y3.02%
PM growth 3Y5.43%
PM growth 5Y4.29%
GM growth 3Y-0.75%
GM growth 5Y-0.76%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so 2FE is creating value.
Compared to 1 year ago, 2FE has less shares outstanding
Compared to 5 years ago, 2FE has less shares outstanding
The debt/assets ratio for 2FE is higher compared to a year ago.
2.2 Solvency
2FE has an Altman-Z score of 9.91. This indicates that 2FE is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 9.91, 2FE belongs to the top of the industry, outperforming 92.86% of the companies in the same industry.
2FE has a debt to FCF ratio of 2.67. This is a good value and a sign of high solvency as 2FE would need 2.67 years to pay back of all of its debts.
The Debt to FCF ratio of 2FE (2.67) is better than 82.14% of its industry peers.
2FE has a Debt/Equity ratio of 0.93. This is a neutral value indicating 2FE is somewhat dependend on debt financing.
2FE's Debt to Equity ratio of 0.93 is on the low side compared to the rest of the industry. 2FE is outperformed by 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | 2.67 | ||
| Altman-Z | 9.91 |
ROIC/WACC2.62
WACC8.03%
2.3 Liquidity
2FE has a Current Ratio of 2.19. This indicates that 2FE is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.19, 2FE belongs to the top of the industry, outperforming 92.86% of the companies in the same industry.
A Quick Ratio of 1.73 indicates that 2FE should not have too much problems paying its short term obligations.
2FE has a better Quick ratio (1.73) than 92.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.19 | ||
| Quick Ratio | 1.73 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 22.02% over the past year.
2FE shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 17.92% yearly.
Looking at the last year, 2FE shows a quite strong growth in Revenue. The Revenue has grown by 12.36% in the last year.
Measured over the past years, 2FE shows a quite strong growth in Revenue. The Revenue has been growing by 12.13% on average per year.
EPS 1Y (TTM)22.02%
EPS 3Y23.51%
EPS 5Y17.92%
EPS Q2Q%17.95%
Revenue 1Y (TTM)12.36%
Revenue growth 3Y16.06%
Revenue growth 5Y12.13%
Sales Q2Q%13.02%
3.2 Future
The Earnings Per Share is expected to grow by 7.72% on average over the next years.
The Revenue is expected to grow by 6.28% on average over the next years.
EPS Next Y8.15%
EPS Next 2Y11.32%
EPS Next 3Y10.77%
EPS Next 5Y7.72%
Revenue Next Year8.77%
Revenue Next 2Y9.8%
Revenue Next 3Y8.97%
Revenue Next 5Y6.28%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 47.72 indicates a quite expensive valuation of 2FE.
2FE's Price/Earnings ratio is a bit more expensive when compared to the industry. 2FE is more expensive than 71.43% of the companies in the same industry.
2FE is valuated expensively when we compare the Price/Earnings ratio to 27.15, which is the current average of the S&P500 Index.
2FE is valuated quite expensively with a Price/Forward Earnings ratio of 40.10.
75.00% of the companies in the same industry are cheaper than 2FE, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of 2FE to the average of the S&P500 Index (21.60), we can say 2FE is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.72 | ||
| Fwd PE | 40.1 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of 2FE indicates a slightly more expensive valuation: 2FE is more expensive than 75.00% of the companies listed in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as 2FE.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 65.19 | ||
| EV/EBITDA | 31.49 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates 2FE does not grow enough to justify the current Price/Earnings ratio.
2FE has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)5.85
PEG (5Y)2.66
EPS Next 2Y11.32%
EPS Next 3Y10.77%
5. Dividend
5.1 Amount
With a yearly dividend of 0.74%, 2FE is not a good candidate for dividend investing.
2FE's Dividend Yield is slightly below the industry average, which is at 5.94.
With a Dividend Yield of 0.74, 2FE pays less dividend than the S&P500 average, which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.74% |
5.2 History
On average, the dividend of 2FE grows each year by 18.29%, which is quite nice.
Dividend Growth(5Y)18.29%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
27.81% of the earnings are spent on dividend by 2FE. This is a low number and sustainable payout ratio.
The dividend of 2FE is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP27.81%
EPS Next 2Y11.32%
EPS Next 3Y10.77%
FRA:2FE (6/27/2025, 7:00:00 PM)
420.4
+16.5 (+4.09%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)
Earnings (Next)
Inst Owners41.52%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap81.52B
Analysts75.45
Price Target467.99 (11.32%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.74% |
Yearly Dividend1.81
Dividend Growth(5Y)18.29%
DP27.81%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.93%
Min EPS beat(2)-1.9%
Max EPS beat(2)11.77%
EPS beat(4)3
Avg EPS beat(4)5.3%
Min EPS beat(4)-1.9%
Max EPS beat(4)11.77%
EPS beat(8)7
Avg EPS beat(8)5.42%
EPS beat(12)10
Avg EPS beat(12)4.82%
EPS beat(16)13
Avg EPS beat(16)4.5%
Revenue beat(2)1
Avg Revenue beat(2)0.84%
Min Revenue beat(2)-1.1%
Max Revenue beat(2)2.78%
Revenue beat(4)2
Avg Revenue beat(4)1.08%
Min Revenue beat(4)-1.38%
Max Revenue beat(4)4.01%
Revenue beat(8)3
Avg Revenue beat(8)0.39%
Revenue beat(12)7
Avg Revenue beat(12)1.73%
Revenue beat(16)7
Avg Revenue beat(16)-0.71%
PT rev (1m)-0.01%
PT rev (3m)-0.86%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.46%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.12%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.16%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.72 | ||
| Fwd PE | 40.1 | ||
| P/S | 11.84 | ||
| P/FCF | 65.19 | ||
| P/OCF | 35.93 | ||
| P/B | 22.84 | ||
| P/tB | 67.72 | ||
| EV/EBITDA | 31.49 |
EPS(TTM)8.81
EY2.1%
EPS(NY)10.48
Fwd EY2.49%
FCF(TTM)6.45
FCFY1.53%
OCF(TTM)11.7
OCFY2.78%
SpS35.49
BVpS18.41
TBVpS6.21
PEG (NY)5.85
PEG (5Y)2.66
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.96% | ||
| ROE | 44.32% | ||
| ROCE | 26.42% | ||
| ROIC | 21.04% | ||
| ROICexc | 28.3% | ||
| ROICexgc | 49.22% | ||
| OM | 28.75% | ||
| PM (TTM) | 22.99% | ||
| GM | 50.52% | ||
| FCFM | 18.17% |
ROA(3y)14.53%
ROA(5y)13.08%
ROE(3y)39.98%
ROE(5y)38.33%
ROIC(3y)19.26%
ROIC(5y)17.08%
ROICexc(3y)24.63%
ROICexc(5y)22.3%
ROICexgc(3y)43.96%
ROICexgc(5y)41.2%
ROCE(3y)24.18%
ROCE(5y)21.45%
ROICexcg growth 3Y1.86%
ROICexcg growth 5Y-2.51%
ROICexc growth 3Y6.8%
ROICexc growth 5Y2.03%
OM growth 3Y4.01%
OM growth 5Y3.02%
PM growth 3Y5.43%
PM growth 5Y4.29%
GM growth 3Y-0.75%
GM growth 5Y-0.76%
F-Score7
Asset Turnover0.69
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | 2.67 | ||
| Debt/EBITDA | 1.27 | ||
| Cap/Depr | 155.48% | ||
| Cap/Sales | 14.8% | ||
| Interest Coverage | 31.28 | ||
| Cash Conversion | 86.15% | ||
| Profit Quality | 79.04% | ||
| Current Ratio | 2.19 | ||
| Quick Ratio | 1.73 | ||
| Altman-Z | 9.91 |
F-Score7
WACC8.03%
ROIC/WACC2.62
Cap/Depr(3y)142.28%
Cap/Depr(5y)150.94%
Cap/Sales(3y)15.05%
Cap/Sales(5y)16.58%
Profit Quality(3y)64.5%
Profit Quality(5y)56.09%
High Growth Momentum
Growth
EPS 1Y (TTM)22.02%
EPS 3Y23.51%
EPS 5Y17.92%
EPS Q2Q%17.95%
EPS Next Y8.15%
EPS Next 2Y11.32%
EPS Next 3Y10.77%
EPS Next 5Y7.72%
Revenue 1Y (TTM)12.36%
Revenue growth 3Y16.06%
Revenue growth 5Y12.13%
Sales Q2Q%13.02%
Revenue Next Year8.77%
Revenue Next 2Y9.8%
Revenue Next 3Y8.97%
Revenue Next 5Y6.28%
EBIT growth 1Y18.59%
EBIT growth 3Y20.71%
EBIT growth 5Y15.51%
EBIT Next Year40.75%
EBIT Next 3Y21.74%
EBIT Next 5Y14.22%
FCF growth 1Y123.25%
FCF growth 3Y19.78%
FCF growth 5Y9.32%
OCF growth 1Y63.89%
OCF growth 3Y14.52%
OCF growth 5Y8.09%