FERRARI NV (RACE.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:RACE - NL0011585146 - Common Stock
324.8 EUR
-3.7 (-1.13%)
RACE gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 32 industry peers in the Automobiles industry. RACE has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. RACE is valied quite expensively at the moment, while it does show a decent growth rate. With these ratings, RACE could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
RACE had positive earnings in the past year.
RACE had a positive operating cash flow in the past year.
Each year in the past 5 years RACE has been profitable.
In the past 5 years RACE always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 16.52%, RACE belongs to the best of the industry, outperforming 93.75% of the companies in the same industry.
With an excellent Return On Equity value of 45.01%, RACE belongs to the best of the industry, outperforming 96.88% of the companies in the same industry.
RACE's Return On Invested Capital of 22.10% is amongst the best of the industry. RACE outperforms 96.88% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for RACE is significantly above the industry average of 6.22%.
The last Return On Invested Capital (22.10%) for RACE 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%, RACE belongs to the top of the industry, outperforming 96.88% of the companies in the same industry.
RACE's Profit Margin has improved in the last couple of years.
RACE's Operating Margin of 29.02% is amongst the best of the industry. RACE outperforms 93.75% of its industry peers.
In the last couple of years the Operating Margin of RACE has grown nicely.
Looking at the Gross Margin, with a value of 51.20%, RACE belongs to the top of the industry, outperforming 93.75% of the companies in the same industry.
In the last couple of years the Gross Margin of RACE has remained more or less at the same level.
| 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), RACE is creating value.
RACE has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, RACE has less shares outstanding
The debt/assets ratio for RACE is higher compared to a year ago.
2.2 Solvency
RACE has an Altman-Z score of 8.48. This indicates that RACE is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 8.48, RACE belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
RACE has a debt to FCF ratio of 2.32. This is a good value and a sign of high solvency as RACE would need 2.32 years to pay back of all of its debts.
RACE has a Debt to FCF ratio of 2.32. This is amongst the best in the industry. RACE outperforms 87.50% of its industry peers.
A Debt/Equity ratio of 0.89 indicates that RACE is somewhat dependend on debt financing.
RACE has a Debt to Equity ratio (0.89) which is in line with its industry peers.
Even though the debt/equity ratio score it not favorable for RACE, 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 | 8.48 |
ROIC/WACC2.84
WACC7.79%
2.3 Liquidity
RACE has a Current Ratio of 2.08. This indicates that RACE is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of RACE (2.08) is better than 87.50% of its industry peers.
A Quick Ratio of 1.61 indicates that RACE should not have too much problems paying its short term obligations.
RACE has a better Quick ratio (1.61) than 84.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.08 | ||
| Quick Ratio | 1.61 |
3. Growth
3.1 Past
RACE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 12.97%, which is quite good.
RACE shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 17.92% yearly.
Looking at the last year, RACE shows a quite strong growth in Revenue. The Revenue has grown by 11.83% in the last year.
RACE shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.13% yearly.
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
RACE is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.93% yearly.
Based on estimates for the next years, RACE will show a small growth in Revenue. The Revenue will grow by 6.28% on average per year.
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.
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
With a Price/Earnings ratio of 36.21, RACE can be considered very expensive at the moment.
RACE's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of RACE to the average of the S&P500 Index (26.28), we can say RACE is valued slightly more expensively.
RACE is valuated quite expensively with a Price/Forward Earnings ratio of 32.10.
Compared to the rest of the industry, the Price/Forward Earnings ratio of RACE indicates a slightly more expensive valuation: RACE is more expensive than 68.75% of the companies listed in the same industry.
RACE's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 23.52.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.21 | ||
| Fwd PE | 32.1 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, RACE is valued a bit more expensive than the industry average as 71.88% of the companies are valued more cheaply.
RACE's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 46.34 | ||
| EV/EBITDA | 24.45 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates RACE does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of RACE may justify a higher PE ratio.
PEG (NY)4.67
PEG (5Y)2.02
EPS Next 2Y9.36%
EPS Next 3Y9.44%
5. Dividend
5.1 Amount
With a yearly dividend of 0.88%, RACE is not a good candidate for dividend investing.
The stock price of RACE dropped by -20.26% 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.
RACE's Dividend Yield is comparable with the industry average which is at 4.79.
With a Dividend Yield of 0.88, RACE pays less dividend than the S&P500 average, which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.88% |
5.2 History
The dividend of RACE is nicely growing with an annual growth rate of 18.29%!
Dividend Growth(5Y)18.29%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
RACE pays out 32.88% of its income as dividend. This is a sustainable payout ratio.
The dividend of RACE 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%
BIT:RACE (12/9/2025, 7:00:00 PM)
324.8
-3.7 (-1.13%)
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 Cap62.99B
Revenue(TTM)6.68B
Net Income(TTM)1.59B
Analysts75.65
Price Target419.34 (29.11%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.88% |
Yearly Dividend1.81
Dividend Growth(5Y)18.29%
DP32.88%
Div Incr Years0
Div Non Decr Years0
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)-1.2%
PT rev (3m)-9.84%
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)0.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.21 | ||
| Fwd PE | 32.1 | ||
| P/S | 9.05 | ||
| P/FCF | 46.34 | ||
| P/OCF | 26.82 | ||
| P/B | 17.78 | ||
| P/tB | 55.11 | ||
| EV/EBITDA | 24.45 |
EPS(TTM)8.97
EY2.76%
EPS(NY)10.12
Fwd EY3.11%
FCF(TTM)7.01
FCFY2.16%
OCF(TTM)12.11
OCFY3.73%
SpS35.88
BVpS18.26
TBVpS5.89
PEG (NY)4.67
PEG (5Y)2.02
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 | 8.48 |
F-Score8
WACC7.79%
ROIC/WACC2.84
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 / RACE.MI FAQ
Can you provide the ChartMill fundamental rating for FERRARI NV?
ChartMill assigns a fundamental rating of 6 / 10 to RACE.MI.
What is the valuation status of FERRARI NV (RACE.MI) stock?
ChartMill assigns a valuation rating of 2 / 10 to FERRARI NV (RACE.MI). This can be considered as Overvalued.
Can you provide the profitability details for FERRARI NV?
FERRARI NV (RACE.MI) has a profitability rating of 9 / 10.
What are the PE and PB ratios of FERRARI NV (RACE.MI) stock?
The Price/Earnings (PE) ratio for FERRARI NV (RACE.MI) is 36.21 and the Price/Book (PB) ratio is 17.78.
How sustainable is the dividend of FERRARI NV (RACE.MI) stock?
The dividend rating of FERRARI NV (RACE.MI) is 3 / 10 and the dividend payout ratio is 32.88%.