FERRARI NV (2FE.DE) Stock Fundamental Analysis
Europe - FRA:2FE - NL0011585146 - Common Stock
351.7 EUR
+0.5 (+0.14%)
We assign a fundamental rating of 6 out of 10 to 2FE. 2FE was compared to 30 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. 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.
In the past 5 years 2FE has always been profitable.
Each year in the past 5 years 2FE had a positive operating cash flow.
1.2 Ratios
2FE has a Return On Assets of 16.52%. This is amongst the best in the industry. 2FE outperforms 100.00% of its industry peers.
2FE has a Return On Equity of 45.01%. This is amongst the best in the industry. 2FE outperforms 100.00% of its industry peers.
With an excellent Return On Invested Capital value of 22.10%, 2FE belongs to the best of the industry, outperforming 100.00% 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 6.92%.
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
With an excellent Profit Margin value of 22.91%, 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.
2FE's Operating Margin of 29.02% is amongst the best of the industry. 2FE outperforms 96.67% of its industry peers.
In the last couple of years the Operating Margin of 2FE has grown nicely.
With an excellent Gross Margin value of 51.20%, 2FE belongs to the best of the industry, outperforming 96.67% 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
2FE has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it 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.
2FE has a worse debt/assets ratio than last year.
2.2 Solvency
2FE has an Altman-Z score of 8.92. This indicates that 2FE is financially healthy and has little risk of bankruptcy at the moment.
2FE has a better Altman-Z score (8.92) than 96.67% of its industry peers.
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.
Looking at the Debt to FCF ratio, with a value of 2.32, 2FE belongs to the top of the industry, outperforming 90.00% of the companies in the same industry.
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: 66.67% of the companies in the same industry are doing better.
Even though the debt/equity ratio score it not favorable for 2FE, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 2.32 | ||
| Altman-Z | 8.92 |
ROIC/WACC2.79
WACC7.92%
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 90.00% 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.
The Quick ratio of 2FE (1.61) is better than 86.67% 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 16.02%, 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.
2FE shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.34%.
2FE shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.13% yearly.
EPS 1Y (TTM)16.02%
EPS 3Y23.51%
EPS 5Y17.92%
EPS Q2Q%4.37%
Revenue 1Y (TTM)9.34%
Revenue growth 3Y16.06%
Revenue growth 5Y12.13%
Sales Q2Q%4.38%
3.2 Future
2FE is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.24% yearly.
2FE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.99% yearly.
EPS Next Y6.93%
EPS Next 2Y12.44%
EPS Next 3Y11.69%
EPS Next 5Y10.24%
Revenue Next Year7.33%
Revenue Next 2Y9.78%
Revenue Next 3Y9.04%
Revenue Next 5Y6.99%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
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
Based on the Price/Earnings ratio of 39.47, the valuation of 2FE can be described as expensive.
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 25.83. 2FE is valued rather expensively when compared to this.
A Price/Forward Earnings ratio of 32.88 indicates a quite expensive valuation of 2FE.
Based on the Price/Forward Earnings ratio, 2FE is valued a bit more expensive than 66.67% of the companies in the same industry.
2FE's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 32.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.47 | ||
| Fwd PE | 32.88 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, 2FE is valued a bit more expensive than the industry average as 66.67% of the companies are valued more cheaply.
The rest of the industry has a similar Price/Free Cash Flow ratio as 2FE.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 50.18 | ||
| EV/EBITDA | 26.09 |
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)5.7
PEG (5Y)2.2
EPS Next 2Y12.44%
EPS Next 3Y11.69%
5. Dividend
5.1 Amount
With a yearly dividend of 0.85%, 2FE is not a good candidate for dividend investing.
Compared to an average S&P500 Dividend Yield of 2.39, 2FE's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.85% |
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
32.88% 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.
DP32.88%
EPS Next 2Y12.44%
EPS Next 3Y11.69%
FRA:2FE (11/7/2025, 7:00:00 PM)
351.7
+0.5 (+0.14%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)
Earnings (Next)
Inst Owners41.88%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap68.20B
Revenue(TTM)6.96B
Net Income(TTM)1.59B
Analysts76.52
Price Target425.31 (20.93%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.85% |
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)-9.85%
PT rev (3m)-8.62%
EPS NQ rev (1m)-2.58%
EPS NQ rev (3m)-4.39%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.14%
Revenue NQ rev (1m)-0.69%
Revenue NQ rev (3m)-1.76%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.47 | ||
| Fwd PE | 32.88 | ||
| P/S | 9.8 | ||
| P/FCF | 50.18 | ||
| P/OCF | 29.05 | ||
| P/B | 19.26 | ||
| P/tB | 59.67 | ||
| EV/EBITDA | 26.09 |
EPS(TTM)8.91
EY2.53%
EPS(NY)10.7
Fwd EY3.04%
FCF(TTM)7.01
FCFY1.99%
OCF(TTM)12.11
OCFY3.44%
SpS35.88
BVpS18.26
TBVpS5.89
PEG (NY)5.7
PEG (5Y)2.2
Graham Number60.51
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 | 8.92 |
F-Score8
WACC7.92%
ROIC/WACC2.79
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)16.02%
EPS 3Y23.51%
EPS 5Y17.92%
EPS Q2Q%4.37%
EPS Next Y6.93%
EPS Next 2Y12.44%
EPS Next 3Y11.69%
EPS Next 5Y10.24%
Revenue 1Y (TTM)9.34%
Revenue growth 3Y16.06%
Revenue growth 5Y12.13%
Sales Q2Q%4.38%
Revenue Next Year7.33%
Revenue Next 2Y9.78%
Revenue Next 3Y9.04%
Revenue Next 5Y6.99%
EBIT growth 1Y15.89%
EBIT growth 3Y20.71%
EBIT growth 5Y15.51%
EBIT Next Year46.53%
EBIT Next 3Y22.29%
EBIT Next 5Y15.47%
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 39.47 and the Price/Book (PB) ratio is 19.26.
What is the earnings growth outlook for FERRARI NV?
The Earnings per Share (EPS) of FERRARI NV (2FE.DE) is expected to grow by 6.93% in the next year.