FERRARI NV (2FE.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:2FE - NL0011585146 - Common Stock
320 EUR
-0.2 (-0.06%)
Overall 2FE gets a fundamental rating of 6 out of 10. We evaluated 2FE against 32 industry peers in the Automobiles industry. Both the health and profitability get an excellent rating, making 2FE a very profitable company, without any liquidiy or solvency issues. 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
2FE had positive earnings in the past year.
2FE had a positive operating cash flow in the past year.
Each year in the past 5 years 2FE has been profitable.
In the past 5 years 2FE always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 16.52%, 2FE belongs to the best of the industry, outperforming 93.75% of the companies in the same industry.
2FE has a better Return On Equity (45.01%) than 96.88% of its industry peers.
2FE has a Return On Invested Capital of 22.10%. This is amongst the best in the industry. 2FE outperforms 96.88% of its industry peers.
The Average Return On Invested Capital over the past 3 years for 2FE is significantly above the industry average of 6.12%.
The last Return On Invested Capital (22.10%) for 2FE is above the 3 year average (19.26%), which is a sign of increasing profitability.
| 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
With an excellent Profit Margin value of 22.91%, 2FE belongs to the best of the industry, outperforming 96.88% of the companies in the same industry.
In the last couple of years the Profit Margin of 2FE has grown nicely.
2FE has a Operating Margin of 29.02%. This is amongst the best in the industry. 2FE outperforms 93.75% of its industry peers.
2FE's Operating Margin has improved in the last couple of years.
2FE has a Gross Margin of 51.20%. This is amongst the best in the industry. 2FE outperforms 96.88% 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 | 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), 2FE is creating value.
2FE has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, 2FE has less shares outstanding
Compared to 1 year ago, 2FE has a worse debt to assets ratio.
2.2 Solvency
2FE has an Altman-Z score of 8.32. This indicates that 2FE is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 8.32, 2FE belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
2FE has a debt to FCF ratio of 2.32. This is a good value and a sign of high solvency as 2FE would need 2.32 years to pay back of all of its debts.
2FE has a Debt to FCF ratio of 2.32. This is amongst the best in the industry. 2FE outperforms 87.50% of its industry peers.
A Debt/Equity ratio of 0.89 indicates that 2FE is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.89, 2FE is not doing good in the industry: 62.50% of the companies in the same industry are doing better.
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 | 8.32 |
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.
2FE has a better Current ratio (2.08) than 87.50% of its industry peers.
A Quick Ratio of 1.61 indicates that 2FE should not have too much problems paying its short term obligations.
With an excellent Quick ratio value of 1.61, 2FE belongs to the best of the industry, outperforming 84.38% of the companies in the same industry.
| 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.
The Earnings Per Share has been growing by 17.92% on average over the past years. This is quite good.
Looking at the last year, 2FE shows a quite strong growth in Revenue. The Revenue has grown by 11.83% in the last year.
The Revenue has been growing by 12.13% on average over the past years. This is quite good.
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.
Based on estimates for the next years, 2FE will show a small growth in Revenue. The Revenue will grow by 6.28% on average per year.
EPS Next Y7.75%
EPS Next 2Y9.36%
EPS Next 3Y9.44%
EPS Next 5Y7.93%
Revenue Next Year7.97%
Revenue Next 2Y7.81%
Revenue Next 3Y7.6%
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.
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
With a Price/Earnings ratio of 35.67, 2FE can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of 2FE is on the same level as its industry peers.
2FE is valuated rather expensively when we compare the Price/Earnings ratio to 26.57, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 31.63, the valuation of 2FE can be described as expensive.
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 71.88% 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 24.04.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.67 | ||
| Fwd PE | 31.63 |
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.
2FE's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 45.66 | ||
| EV/EBITDA | 23.83 |
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)4.6
PEG (5Y)1.99
EPS Next 2Y9.36%
EPS Next 3Y9.44%
5. Dividend
5.1 Amount
2FE has a yearly dividend return of 0.93%, which is pretty low.
In the last 3 months the price of 2FE has falen by -21.18%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 3.49, 2FE is paying slightly less dividend.
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 2Y9.36%
EPS Next 3Y9.44%
FRA:2FE (12/23/2025, 7:00:00 PM)
320
-0.2 (-0.06%)
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 Cap62.05B
Revenue(TTM)6.68B
Net Income(TTM)1.59B
Analysts75.65
Price Target408.11 (27.53%)
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)-1.17%
PT rev (3m)-11.14%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.58%
EPS NY rev (1m)0.52%
EPS NY rev (3m)0.92%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.57%
Revenue NY rev (1m)0.23%
Revenue NY rev (3m)0.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.67 | ||
| Fwd PE | 31.63 | ||
| P/S | 8.92 | ||
| P/FCF | 45.66 | ||
| P/OCF | 26.43 | ||
| P/B | 17.52 | ||
| P/tB | 54.3 | ||
| EV/EBITDA | 23.83 |
EPS(TTM)8.97
EY2.8%
EPS(NY)10.12
Fwd EY3.16%
FCF(TTM)7.01
FCFY2.19%
OCF(TTM)12.11
OCFY3.78%
SpS35.88
BVpS18.26
TBVpS5.89
PEG (NY)4.6
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 | 8.32 |
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 Y7.75%
EPS Next 2Y9.36%
EPS Next 3Y9.44%
EPS Next 5Y7.93%
Revenue 1Y (TTM)11.83%
Revenue growth 3Y16.06%
Revenue growth 5Y12.13%
Sales Q2Q%7.42%
Revenue Next Year7.97%
Revenue Next 2Y7.81%
Revenue Next 3Y7.6%
Revenue Next 5Y6.28%
EBIT growth 1Y15.89%
EBIT growth 3Y20.71%
EBIT growth 5Y15.51%
EBIT Next Year47.48%
EBIT Next 3Y19.71%
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 of FERRARI NV (2FE.DE) 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.
What is the valuation of FERRARI NV based on its PE and PB ratios?
The Price/Earnings (PE) ratio for FERRARI NV (2FE.DE) is 35.67 and the Price/Book (PB) ratio is 17.52.
What is the earnings growth outlook for FERRARI NV?
The Earnings per Share (EPS) of FERRARI NV (2FE.DE) is expected to grow by 7.75% in the next year.