FERRARI NV (2FE.DE) Stock Fundamental Analysis
FRA:2FE - Deutsche Boerse Ag - NL0011585146 - Common Stock - Currency: EUR
Overall 2FE gets a fundamental rating of 6 out of 10. We evaluated 2FE against 28 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.
2FE had positive earnings in each of the past 5 years.
2FE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 16.02%, 2FE belongs to the best of the industry, outperforming 96.43% of the companies in the same industry.
2FE has a Return On Equity of 43.06%. This is amongst the best in the industry. 2FE outperforms 100.00% of its industry peers.
The Return On Invested Capital of 2FE (20.08%) is better than 96.43% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for 2FE is significantly above the industry average of 7.39%.
The 3 year average ROIC (19.26%) for 2FE is below the current ROIC(20.08%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.02% | ||
| ROE | 43.06% | ||
| ROIC | 20.08% |
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 22.79%, 2FE belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Profit Margin of 2FE has grown nicely.
Looking at the Operating Margin, with a value of 28.15%, 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 Operating Margin of 2FE has grown nicely.
With an excellent Gross Margin value of 50.13%, 2FE belongs to the best of the industry, outperforming 100.00% 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 | 28.15% | ||
| PM (TTM) | 22.79% | ||
| GM | 50.13% |
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.
2FE has less shares outstanding than it did 1 year ago.
2FE has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, 2FE has a worse debt to assets ratio.
2.2 Solvency
2FE has an Altman-Z score of 10.04. This indicates that 2FE is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of 2FE (10.04) is better than 89.29% of its industry peers.
2FE has a debt to FCF ratio of 3.58. This is a good value and a sign of high solvency as 2FE would need 3.58 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 3.58, 2FE belongs to the best of the industry, outperforming 92.86% of the companies in the same industry.
A Debt/Equity ratio of 0.95 indicates that 2FE is somewhat dependend on debt financing.
2FE has a Debt to Equity ratio (0.95) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.95 | ||
| Debt/FCF | 3.58 | ||
| Altman-Z | 10.04 |
ROIC/WACC2.43
WACC8.27%
2.3 Liquidity
2FE has a Current Ratio of 2.45. This indicates that 2FE is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 2.45, 2FE belongs to the best of the industry, outperforming 92.86% of the companies in the same industry.
2FE has a Quick Ratio of 1.92. This is a normal value and indicates that 2FE is financially healthy and should not expect problems in meeting its short term obligations.
With an excellent Quick ratio value of 1.92, 2FE belongs to the best of the industry, outperforming 96.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.45 | ||
| Quick Ratio | 1.92 |
3. Growth
3.1 Past
2FE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 22.79%, which is quite impressive.
Measured over the past years, 2FE shows a quite strong growth in Earnings Per Share. The EPS has been growing by 17.92% on average per year.
The Revenue has grown by 11.83% in the past year. This is quite good.
The Revenue has been growing by 12.13% on average over the past years. This is quite good.
EPS 1Y (TTM)22.79%
EPS 3Y23.51%
EPS 5Y17.92%
EPS Q2Q%32.1%
Revenue 1Y (TTM)11.83%
Revenue growth 3Y16.06%
Revenue growth 5Y12.13%
Sales Q2Q%13.99%
3.2 Future
Based on estimates for the next years, 2FE will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.06% on average per year.
2FE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.38% yearly.
EPS Next Y8.15%
EPS Next 2Y11.32%
EPS Next 3Y10.77%
EPS Next 5Y8.06%
Revenue Next Year8.19%
Revenue Next 2Y9.48%
Revenue Next 3Y8.59%
Revenue Next 5Y6.38%
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
The Price/Earnings ratio is 47.53, which means the current valuation is very expensive for 2FE.
Compared to the rest of the industry, the Price/Earnings 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 is valuated expensively when we compare the Price/Earnings ratio to 28.79, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 43.95, which means the current valuation is very expensive for 2FE.
2FE's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. 2FE is more expensive than 75.00% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of 2FE to the average of the S&P500 Index (21.38), we can say 2FE is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.53 | ||
| Fwd PE | 43.95 |
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 78.57% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, 2FE is valued a bit cheaper than the industry average as 71.43% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 83.17 | ||
| EV/EBITDA | 31.01 |
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)5.83
PEG (5Y)2.65
EPS Next 2Y11.32%
EPS Next 3Y10.77%
5. Dividend
5.1 Amount
2FE has a yearly dividend return of 0.74%, which is pretty low.
Compared to an average industry Dividend Yield of 7.56, 2FE's dividend is way lower than its industry peers. On top of this 82.14% of the companies listed in the same industry pay a better dividend than 2FE!
With a Dividend Yield of 0.74, 2FE pays less dividend than the S&P500 average, which is at 2.51.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.74% |
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 Years3
Div Non Decr Years3
5.3 Sustainability
2FE pays out 28.91% of its income as dividend. This is a sustainable payout ratio.
2FE's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP28.91%
EPS Next 2Y11.32%
EPS Next 3Y10.77%
FRA:2FE (4/25/2025, 7:00:00 PM)
402.1
+3.1 (+0.78%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)
Earnings (Next)
Inst Owners39.38%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap77.98B
Analysts76.36
Price Target466.81 (16.09%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.74% |
Yearly Dividend1.81
Dividend Growth(5Y)18.29%
DP28.91%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.64%
Min EPS beat(2)3.51%
Max EPS beat(2)11.77%
EPS beat(4)4
Avg EPS beat(4)6.31%
Min EPS beat(4)2.16%
Max EPS beat(4)11.77%
EPS beat(8)8
Avg EPS beat(8)6.56%
EPS beat(12)11
Avg EPS beat(12)5.03%
EPS beat(16)14
Avg EPS beat(16)4.86%
Revenue beat(2)1
Avg Revenue beat(2)0.7%
Min Revenue beat(2)-1.38%
Max Revenue beat(2)2.78%
Revenue beat(4)2
Avg Revenue beat(4)0.99%
Min Revenue beat(4)-1.45%
Max Revenue beat(4)4.01%
Revenue beat(8)4
Avg Revenue beat(8)0.59%
Revenue beat(12)7
Avg Revenue beat(12)1.64%
Revenue beat(16)7
Avg Revenue beat(16)-0.97%
PT rev (1m)-0.19%
PT rev (3m)4.86%
EPS NQ rev (1m)-0.14%
EPS NQ rev (3m)8.76%
EPS NY rev (1m)0.12%
EPS NY rev (3m)0.11%
Revenue NQ rev (1m)0.39%
Revenue NQ rev (3m)3.08%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.37%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.53 | ||
| Fwd PE | 43.95 | ||
| P/S | 11.68 | ||
| P/FCF | 83.17 | ||
| P/OCF | 40.47 | ||
| P/B | 22.06 | ||
| P/tB | 64.81 | ||
| EV/EBITDA | 31.01 |
EPS(TTM)8.46
EY2.1%
EPS(NY)9.15
Fwd EY2.28%
FCF(TTM)4.83
FCFY1.2%
OCF(TTM)9.94
OCFY2.47%
SpS34.43
BVpS18.22
TBVpS6.2
PEG (NY)5.83
PEG (5Y)2.65
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.02% | ||
| ROE | 43.06% | ||
| ROCE | 25.22% | ||
| ROIC | 20.08% | ||
| ROICexc | 26.24% | ||
| ROICexgc | 44.36% | ||
| OM | 28.15% | ||
| PM (TTM) | 22.79% | ||
| GM | 50.13% | ||
| FCFM | 14.04% |
ROA(3y)14.53%
ROA(5y)13.08%
ROE(3y)39.98%
ROE(5y)38.33%
ROIC(3y)19.26%
ROIC(5y)17.08%
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 Turnover0.7
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.95 | ||
| Debt/FCF | 3.58 | ||
| Debt/EBITDA | 1.32 | ||
| Cap/Depr | 148.35% | ||
| Cap/Sales | 14.82% | ||
| Interest Coverage | 37.33 | ||
| Cash Conversion | 75.67% | ||
| Profit Quality | 61.6% | ||
| Current Ratio | 2.45 | ||
| Quick Ratio | 1.92 | ||
| Altman-Z | 10.04 |
F-Score7
WACC8.27%
ROIC/WACC2.43
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)22.79%
EPS 3Y23.51%
EPS 5Y17.92%
EPS Q2Q%32.1%
EPS Next Y8.15%
EPS Next 2Y11.32%
EPS Next 3Y10.77%
EPS Next 5Y8.06%
Revenue 1Y (TTM)11.83%
Revenue growth 3Y16.06%
Revenue growth 5Y12.13%
Sales Q2Q%13.99%
Revenue Next Year8.19%
Revenue Next 2Y9.48%
Revenue Next 3Y8.59%
Revenue Next 5Y6.38%
EBIT growth 1Y16.65%
EBIT growth 3Y20.71%
EBIT growth 5Y15.51%
EBIT Next Year42.8%
EBIT Next 3Y21.84%
EBIT Next 5Y16.43%
FCF growth 1Y10.59%
FCF growth 3Y19.78%
FCF growth 5Y9.32%
OCF growth 1Y12.23%
OCF growth 3Y14.52%
OCF growth 5Y8.09%