FERRARI NV (2FE.DE) Stock Fundamental Analysis
Europe - FRA:2FE - NL0011585146 - Common Stock
398.8 EUR
+2.6 (+0.66%)
Overall 2FE gets a fundamental rating of 6 out of 10. We evaluated 2FE against 29 industry peers in the Automobiles industry. 2FE gets an excellent profitability rating and is at the same time showing great financial health properties. While showing a medium growth rate, 2FE is valued expensive at the moment. With these ratings, 2FE could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
In the past year 2FE was profitable.
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
2FE has a Return On Assets of 16.52%. This is amongst the best in the industry. 2FE outperforms 96.55% of its industry peers.
With an excellent Return On Equity value of 45.01%, 2FE belongs to the best of the industry, outperforming 96.55% of the companies in the same industry.
The Return On Invested Capital of 2FE (22.10%) is better than 96.55% of its industry peers.
The Average Return On Invested Capital over the past 3 years for 2FE is significantly above the industry average of 6.71%.
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 96.55% 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 93.10% 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 51.20%, 2FE belongs to the best of the industry, outperforming 96.55% 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.
2FE has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, 2FE has less shares outstanding
2FE has a worse debt/assets ratio than last year.
2.2 Solvency
2FE has an Altman-Z score of 9.77. This indicates that 2FE is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 9.77, 2FE belongs to the top 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 82.76% of its industry peers.
A Debt/Equity ratio of 0.89 indicates that 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 62.07% of its industry peers.
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 | 9.77 |
ROIC/WACC2.8
WACC7.89%
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.
Looking at the Current ratio, with a value of 2.08, 2FE belongs to the top of the industry, outperforming 89.66% of the companies in the same industry.
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.
2FE has a better Quick ratio (1.61) than 93.10% of its industry peers.
| 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 16.02% 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.
The Revenue has grown by 9.34% in the past year. This is quite good.
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)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
The Earnings Per Share is expected to grow by 8.14% on average over the next years. This is quite good.
The Revenue is expected to grow by 6.78% on average over the next years.
EPS Next Y6.77%
EPS Next 2Y11.59%
EPS Next 3Y11.04%
EPS Next 5Y8.14%
Revenue Next Year7.33%
Revenue Next 2Y9.45%
Revenue Next 3Y8.73%
Revenue Next 5Y6.78%
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 44.76, 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.
2FE's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.20.
A Price/Forward Earnings ratio of 37.86 indicates a quite expensive valuation of 2FE.
Based on the Price/Forward Earnings ratio, 2FE is valued a bit more expensive than 72.41% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.70. 2FE is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.76 | ||
| Fwd PE | 37.86 |
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 75.86% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of 2FE is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 56.9 | ||
| EV/EBITDA | 29.36 |
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)6.61
PEG (5Y)2.5
EPS Next 2Y11.59%
EPS Next 3Y11.04%
5. Dividend
5.1 Amount
2FE has a yearly dividend return of 0.73%, which is pretty low.
2FE's Dividend Yield is slightly below the industry average, which is at 5.51.
With a Dividend Yield of 0.73, 2FE pays less dividend than the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.73% |
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.
2FE's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP32.88%
EPS Next 2Y11.59%
EPS Next 3Y11.04%
FRA:2FE (9/18/2025, 9:04:07 AM)
398.8
+2.6 (+0.66%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)
Earnings (Next)
Inst Owners41.52%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap77.34B
Analysts75.45
Price Target471.77 (18.3%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.73% |
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)1.27%
PT rev (3m)0.81%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-5.71%
EPS NY rev (1m)-1.28%
EPS NY rev (3m)-1.28%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-5.02%
Revenue NY rev (1m)-1.3%
Revenue NY rev (3m)-1.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.76 | ||
| Fwd PE | 37.86 | ||
| P/S | 11.11 | ||
| P/FCF | 56.9 | ||
| P/OCF | 32.94 | ||
| P/B | 21.84 | ||
| P/tB | 67.67 | ||
| EV/EBITDA | 29.36 |
EPS(TTM)8.91
EY2.23%
EPS(NY)10.53
Fwd EY2.64%
FCF(TTM)7.01
FCFY1.76%
OCF(TTM)12.11
OCFY3.04%
SpS35.88
BVpS18.26
TBVpS5.89
PEG (NY)6.61
PEG (5Y)2.5
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%
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-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 | 9.77 |
F-Score8
WACC7.89%
ROIC/WACC2.8
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 Y6.77%
EPS Next 2Y11.59%
EPS Next 3Y11.04%
EPS Next 5Y8.14%
Revenue 1Y (TTM)9.34%
Revenue growth 3Y16.06%
Revenue growth 5Y12.13%
Sales Q2Q%4.38%
Revenue Next Year7.33%
Revenue Next 2Y9.45%
Revenue Next 3Y8.73%
Revenue Next 5Y6.78%
EBIT growth 1Y15.89%
EBIT growth 3Y20.71%
EBIT growth 5Y15.51%
EBIT Next Year40.75%
EBIT Next 3Y21.74%
EBIT Next 5Y14.71%
FCF growth 1Y103.88%
FCF growth 3Y19.78%
FCF growth 5Y9.32%
OCF growth 1Y54.15%
OCF growth 3Y14.52%
OCF growth 5Y8.09%