FERRARI NV (2FE.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:2FE - NL0011585146 - Common Stock
320.3 EUR
+1.1 (+0.34%)
Overall 2FE gets a fundamental rating of 6 out of 10. We evaluated 2FE 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. These ratings would make 2FE suitable for quality investing!
1. Profitability
1.1 Basic Checks
2FE had positive earnings in the past year.
In the past year 2FE had a positive cash flow from operations.
Each year in the past 5 years 2FE has been profitable.
Each year in the past 5 years 2FE had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 16.52%, 2FE belongs to the best of the industry, outperforming 92.86% of the companies in the same industry.
2FE's Return On Equity of 45.01% is amongst the best of the industry. 2FE outperforms 96.43% of its industry peers.
With an excellent Return On Invested Capital value of 22.10%, 2FE belongs to the best of the industry, outperforming 96.43% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for 2FE is significantly above the industry average of 6.76%.
The 3 year average ROIC (19.26%) for 2FE is below the current ROIC(22.10%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.52% | ||
| ROE | 45.01% | ||
| ROIC | 22.1% |
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
Looking at the Profit Margin, with a value of 22.91%, 2FE belongs to the top 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 has a better Operating Margin (29.02%) than 92.86% of its industry peers.
In the last couple of years the Operating Margin of 2FE has grown nicely.
Looking at the Gross Margin, with a value of 51.20%, 2FE belongs to the top of the industry, outperforming 96.43% of the companies in the same industry.
2FE's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.02% | ||
| PM (TTM) | 22.91% | ||
| GM | 51.2% |
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
2FE has less shares outstanding than it did 5 years ago.
2FE has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 8.33 indicates that 2FE is not in any danger for bankruptcy at the moment.
2FE has a Altman-Z score of 8.33. This is amongst the best in the industry. 2FE outperforms 100.00% of its industry peers.
The Debt to FCF ratio of 2FE is 2.32, which is a good value as it means it would take 2FE, 2.32 years of fcf income to pay off all of its debts.
2FE has a Debt to FCF ratio of 2.32. This is amongst the best in the industry. 2FE outperforms 85.71% of its industry peers.
2FE has a Debt/Equity ratio of 0.89. This is a neutral value indicating 2FE is somewhat dependend on debt financing.
2FE has a Debt to Equity ratio of 0.89. This is in the lower half of the industry: 2FE underperforms 67.86% of its industry peers.
Although 2FE does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 2.32 | ||
| Altman-Z | 8.33 |
ROIC/WACC2.83
WACC7.8%
2.3 Liquidity
A Current Ratio of 2.08 indicates that 2FE has no problem at all paying its short term obligations.
The Current ratio of 2FE (2.08) is better than 82.14% of its industry peers.
2FE has a Quick Ratio of 1.61. This is a normal value and indicates that 2FE is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of 2FE (1.61) is better than 78.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.08 | ||
| Quick Ratio | 1.61 |
3. Growth
3.1 Past
2FE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 12.97%, which is quite good.
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 11.83% 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)12.97%
EPS 3Y23.51%
EPS 5Y17.92%
EPS Q2Q%2.88%
Revenue 1Y (TTM)11.83%
Revenue growth 3Y16.06%
Revenue growth 5Y12.13%
Sales Q2Q%7.42%
3.2 Future
The Earnings Per Share is expected to grow by 7.93% on average over the next years.
2FE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.28% yearly.
EPS Next Y7.58%
EPS Next 2Y7.97%
EPS Next 3Y8.63%
EPS Next 5Y7.93%
Revenue Next Year7.83%
Revenue Next 2Y6.9%
Revenue Next 3Y7.05%
Revenue Next 5Y6.28%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 35.71, which means the current valuation is very expensive for 2FE.
Compared to the rest of the industry, the Price/Earnings ratio of 2FE is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 26.51. 2FE is valued slightly more expensive when compared to this.
A Price/Forward Earnings ratio of 32.48 indicates a quite expensive valuation of 2FE.
Compared to the rest of the industry, the Price/Forward Earnings ratio of 2FE indicates a slightly more expensive valuation: 2FE is more expensive than 67.86% of the companies listed in the same industry.
2FE's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 23.13.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.71 | ||
| Fwd PE | 32.48 |
4.2 Price Multiples
67.86% of the companies in the same industry are cheaper than 2FE, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of 2FE indicates a somewhat cheap valuation: 2FE is cheaper than 60.71% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 45.7 | ||
| EV/EBITDA | 23.85 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
2FE has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)4.71
PEG (5Y)1.99
EPS Next 2Y7.97%
EPS Next 3Y8.63%
5. Dividend
5.1 Amount
2FE has a yearly dividend return of 0.93%, which is pretty low.
The stock price of 2FE dropped by -24.95% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 3.31, 2FE has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.00, 2FE's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.93% |
5.2 History
The dividend of 2FE is nicely growing with an annual growth rate of 18.29%!
Dividend Growth(5Y)18.29%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
2FE pays out 32.88% of its income as dividend. This is a sustainable payout ratio.
The dividend of 2FE is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP32.88%
EPS Next 2Y7.97%
EPS Next 3Y8.63%
FRA:2FE (12/30/2025, 7:00:00 PM)
320.3
+1.1 (+0.34%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)
Earnings (Next)
Inst Owners45.8%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap62.11B
Revenue(TTM)6.68B
Net Income(TTM)1.59B
Analysts75.65
Price Target408.11 (27.41%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.93% |
Yearly Dividend1.81
Dividend Growth(5Y)18.29%
DP32.88%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1.75%
Min EPS beat(2)-1.9%
Max EPS beat(2)-1.61%
EPS beat(4)2
Avg EPS beat(4)2.94%
Min EPS beat(4)-1.9%
Max EPS beat(4)11.77%
EPS beat(8)6
Avg EPS beat(8)4.89%
EPS beat(12)9
Avg EPS beat(12)4.24%
EPS beat(16)13
Avg EPS beat(16)4.56%
Revenue beat(2)0
Avg Revenue beat(2)-2.67%
Min Revenue beat(2)-4.23%
Max Revenue beat(2)-1.1%
Revenue beat(4)1
Avg Revenue beat(4)-0.98%
Min Revenue beat(4)-4.23%
Max Revenue beat(4)2.78%
Revenue beat(8)3
Avg Revenue beat(8)0.1%
Revenue beat(12)6
Avg Revenue beat(12)1.03%
Revenue beat(16)7
Avg Revenue beat(16)0.53%
PT rev (1m)-3.12%
PT rev (3m)-13.49%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.58%
EPS NY rev (1m)0.36%
EPS NY rev (3m)0.61%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.57%
Revenue NY rev (1m)0.11%
Revenue NY rev (3m)0.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.71 | ||
| Fwd PE | 32.48 | ||
| P/S | 8.93 | ||
| P/FCF | 45.7 | ||
| P/OCF | 26.45 | ||
| P/B | 17.54 | ||
| P/tB | 54.35 | ||
| EV/EBITDA | 23.85 |
EPS(TTM)8.97
EY2.8%
EPS(NY)9.86
Fwd EY3.08%
FCF(TTM)7.01
FCFY2.19%
OCF(TTM)12.11
OCFY3.78%
SpS35.88
BVpS18.26
TBVpS5.89
PEG (NY)4.71
PEG (5Y)1.99
Graham Number60.71
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.52% | ||
| ROE | 45.01% | ||
| ROCE | 27.75% | ||
| ROIC | 22.1% | ||
| ROICexc | 27.97% | ||
| ROICexgc | 47.99% | ||
| OM | 29.02% | ||
| PM (TTM) | 22.91% | ||
| GM | 51.2% | ||
| FCFM | 19.53% |
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%
ROICexgc growth 3Y1.86%
ROICexgc 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-Score8
Asset Turnover0.72
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 2.32 | ||
| Debt/EBITDA | 1.18 | ||
| Cap/Depr | 151.4% | ||
| Cap/Sales | 14.21% | ||
| Interest Coverage | 25.44 | ||
| Cash Conversion | 87.87% | ||
| Profit Quality | 85.25% | ||
| Current Ratio | 2.08 | ||
| Quick Ratio | 1.61 | ||
| Altman-Z | 8.33 |
F-Score8
WACC7.8%
ROIC/WACC2.83
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)12.97%
EPS 3Y23.51%
EPS 5Y17.92%
EPS Q2Q%2.88%
EPS Next Y7.58%
EPS Next 2Y7.97%
EPS Next 3Y8.63%
EPS Next 5Y7.93%
Revenue 1Y (TTM)11.83%
Revenue growth 3Y16.06%
Revenue growth 5Y12.13%
Sales Q2Q%7.42%
Revenue Next Year7.83%
Revenue Next 2Y6.9%
Revenue Next 3Y7.05%
Revenue Next 5Y6.28%
EBIT growth 1Y15.89%
EBIT growth 3Y20.71%
EBIT growth 5Y15.51%
EBIT Next Year47.32%
EBIT Next 3Y18.94%
EBIT Next 5Y14.3%
FCF growth 1Y103.88%
FCF growth 3Y19.78%
FCF growth 5Y9.32%
OCF growth 1Y54.15%
OCF growth 3Y14.52%
OCF growth 5Y8.09%
FERRARI NV / 2FE.DE FAQ
Can you provide the ChartMill fundamental rating for FERRARI NV?
ChartMill assigns a fundamental rating of 6 / 10 to 2FE.DE.
What is the valuation status for 2FE stock?
ChartMill assigns a valuation rating of 2 / 10 to FERRARI NV (2FE.DE). This can be considered as Overvalued.
Can you provide the profitability details for FERRARI NV?
FERRARI NV (2FE.DE) has a profitability rating of 9 / 10.
Can you provide the PE and PB ratios for 2FE stock?
The Price/Earnings (PE) ratio for FERRARI NV (2FE.DE) is 35.71 and the Price/Book (PB) ratio is 17.54.
Can you provide the financial health for 2FE stock?
The financial health rating of FERRARI NV (2FE.DE) is 8 / 10.