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. 2FE gets an excellent profitability rating and is at the same time showing great financial health properties. 2FE is quite expensive at the moment. It does show a decent growth rate. This makes 2FE very considerable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year 2FE was profitable.
In the past year 2FE had a positive cash flow from operations.
2FE had positive earnings in each of the past 5 years.
In the past 5 years 2FE always reported a positive cash flow from operatings.
1.2 Ratios
2FE has a Return On Assets of 16.52%. This is amongst the best in the industry. 2FE outperforms 93.75% of its industry peers.
2FE has a Return On Equity of 45.01%. This is amongst the best in the industry. 2FE outperforms 96.88% of its industry peers.
Looking at the Return On Invested Capital, with a value of 22.10%, 2FE belongs to the top of the industry, outperforming 96.88% of the companies in the same industry.
2FE had an Average Return On Invested Capital over the past 3 years of 19.26%. This is significantly above the industry average of 6.12%.
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
Looking at the Profit Margin, with a value of 22.91%, 2FE belongs to the top of the industry, outperforming 96.88% of the companies in the same industry.
2FE's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 29.02%, 2FE belongs to the best of the industry, outperforming 93.75% of the companies in the same industry.
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.
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
2FE has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for 2FE has been reduced compared to 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 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.
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.
With an excellent Debt to FCF ratio value of 2.32, 2FE belongs to the best of the industry, outperforming 87.50% of the companies in the same industry.
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 62.50% 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 | 8.32 |
ROIC/WACC2.83
WACC7.8%
2.3 Liquidity
2FE has a Current Ratio of 2.08. This indicates that 2FE is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 2.08, 2FE belongs to the best of the industry, outperforming 87.50% of the companies in the same industry.
A Quick Ratio of 1.61 indicates that 2FE should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.61, 2FE belongs to the top 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
The Earnings Per Share has grown by an nice 12.97% over the past year.
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.
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
2FE is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.93% yearly.
The Revenue is expected to grow by 6.28% on average over the next years.
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
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
2FE is valuated quite expensively with a Price/Earnings ratio of 35.67.
2FE's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 26.59, 2FE is valued a bit more expensive.
With a Price/Forward Earnings ratio of 31.63, 2FE can be considered very expensive at the moment.
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 is valuated rather expensively when we compare the Price/Forward Earnings ratio to 24.03, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.67 | ||
| Fwd PE | 31.63 |
4.2 Price Multiples
2FE's Enterprise Value to EBITDA 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.
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 an expensive valuation of the company.
The excellent profitability rating of 2FE 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
With a yearly dividend of 0.94%, 2FE is not a good candidate for dividend investing.
The stock price of 2FE dropped by -21.18% 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.
2FE's Dividend Yield is slightly below the industry average, which is at 3.54.
Compared to an average S&P500 Dividend Yield of 1.88, 2FE's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.94% |
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
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 TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.94% |
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.