FERRARI NV (2FE.DE) Stock Fundamental Analysis
Europe - FRA:2FE - NL0011585146 - Common Stock
351.2 EUR
+3.6 (+1.04%)
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 quite expensive at the moment. It does show a decent growth rate. These ratings would make 2FE suitable 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.
2FE had positive earnings in each of the past 5 years.
Each year in the past 5 years 2FE had a positive operating cash flow.
1.2 Ratios
2FE has a better Return On Assets (16.52%) than 100.00% of its industry peers.
2FE's Return On Equity of 45.01% is amongst the best of the industry. 2FE outperforms 100.00% of its industry peers.
2FE's Return On Invested Capital of 22.10% is amongst the best of the industry. 2FE outperforms 100.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for 2FE is significantly above the industry average of 7.07%.
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
Looking at the Profit Margin, with a value of 22.91%, 2FE belongs to the top 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.
With an excellent Operating Margin value of 29.02%, 2FE belongs to the best of the industry, outperforming 96.43% 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 100.00% 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.
Compared to 1 year ago, 2FE has less shares outstanding
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 8.85. 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 8.85, 2FE belongs to the top of the industry, outperforming 96.43% 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.
Looking at the Debt to FCF ratio, with a value of 2.32, 2FE belongs to the top of the industry, outperforming 89.29% 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.
With a Debt to Equity ratio value of 0.89, 2FE is not doing good in the industry: 64.29% 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 | 8.85 |
ROIC/WACC2.79
WACC7.92%
2.3 Liquidity
A Current Ratio of 2.08 indicates that 2FE has no problem at all paying its short term obligations.
2FE's Current ratio of 2.08 is amongst the best of the industry. 2FE outperforms 92.86% of its industry peers.
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 Quick ratio of 1.61. This is amongst the best in the industry. 2FE outperforms 96.43% 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.
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.
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.
The Revenue is expected to grow by 6.99% on average over the next years.
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.
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
A Price/Earnings ratio of 39.42 indicates a quite expensive valuation of 2FE.
The rest of the industry has a similar Price/Earnings ratio as 2FE.
Compared to an average S&P500 Price/Earnings ratio of 26.83, 2FE is valued a bit more expensive.
2FE is valuated quite expensively with a Price/Forward Earnings ratio of 32.83.
Based on the Price/Forward Earnings ratio, 2FE is valued a bit more expensive than the industry average as 71.43% of the companies are valued more cheaply.
2FE is valuated rather expensively when we compare the Price/Forward Earnings ratio to 22.82, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.42 | ||
| Fwd PE | 32.83 |
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 71.43% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, 2FE is valued a bit cheaper than 60.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 50.11 | ||
| EV/EBITDA | 25.83 |
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)5.69
PEG (5Y)2.2
EPS Next 2Y12.44%
EPS Next 3Y11.69%
5. Dividend
5.1 Amount
No dividends for 2FE!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FRA:2FE (10/24/2025, 1:27:18 PM)
351.2
+3.6 (+1.04%)
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 Cap68.10B
Revenue(TTM)6.96B
Net Income(TTM)1.59B
Analysts76.52
Price Target469.7 (33.74%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)-0.44%
PT rev (3m)0.92%
EPS NQ rev (1m)-1.7%
EPS NQ rev (3m)-4.77%
EPS NY rev (1m)0.14%
EPS NY rev (3m)-1.14%
Revenue NQ rev (1m)-1.15%
Revenue NQ rev (3m)-2.6%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.42 | ||
| Fwd PE | 32.83 | ||
| P/S | 9.79 | ||
| P/FCF | 50.11 | ||
| P/OCF | 29 | ||
| P/B | 19.23 | ||
| P/tB | 59.59 | ||
| EV/EBITDA | 25.83 |
EPS(TTM)8.91
EY2.54%
EPS(NY)10.7
Fwd EY3.05%
FCF(TTM)7.01
FCFY2%
OCF(TTM)12.11
OCFY3.45%
SpS35.88
BVpS18.26
TBVpS5.89
PEG (NY)5.69
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 | 8.85 |
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 39.42 and the Price/Book (PB) ratio is 19.23.
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.