FERRARI NV (RACE.MI) Fundamental Analysis & Valuation

BIT:RACE • NL0011585146

299.5 EUR
-1 (-0.33%)
Last: Mar 11, 2026, 10:48 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership

This RACE.MI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

6

Overall RACE gets a fundamental rating of 6 out of 10. We evaluated RACE against 31 industry peers in the Automobiles industry. RACE scores excellent points on both the profitability and health parts. This is a solid base for a good stock. RACE is valied quite expensively at the moment, while it does show a decent growth rate. These ratings could make RACE a good candidate for quality investing.


Dividend Valuation Growth Profitability Health

9

1. RACE.MI Profitability Analysis

1.1 Basic Checks

  • RACE had positive earnings in the past year.
  • In the past year RACE had a positive cash flow from operations.
  • In the past 5 years RACE has always been profitable.
  • Each year in the past 5 years RACE had a positive operating cash flow.
RACE.MI Yearly Net Income VS EBIT VS OCF VS FCFRACE.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B

1.2 Ratios

  • The Return On Assets of RACE (16.59%) is better than 93.55% of its industry peers.
  • RACE has a Return On Equity of 40.87%. This is amongst the best in the industry. RACE outperforms 96.77% of its industry peers.
  • RACE has a Return On Invested Capital of 22.35%. This is amongst the best in the industry. RACE outperforms 96.77% of its industry peers.
  • RACE had an Average Return On Invested Capital over the past 3 years of 21.13%. This is significantly above the industry average of 6.02%.
  • The 3 year average ROIC (21.13%) for RACE is below the current ROIC(22.35%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 16.59%
ROE 40.87%
ROIC 22.35%
ROA(3y)16.05%
ROA(5y)14.45%
ROE(3y)41.61%
ROE(5y)39.69%
ROIC(3y)21.13%
ROIC(5y)19.15%
RACE.MI Yearly ROA, ROE, ROICRACE.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60 80 100

1.3 Margins

  • Looking at the Profit Margin, with a value of 22.35%, RACE belongs to the top of the industry, outperforming 96.77% of the companies in the same industry.
  • In the last couple of years the Profit Margin of RACE has grown nicely.
  • RACE has a better Operating Margin (29.35%) than 93.55% 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 51.68%, RACE belongs to the top of the industry, outperforming 93.55% of the companies in the same industry.
  • RACE's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 29.35%
PM (TTM) 22.35%
GM 51.68%
OM growth 3Y6.98%
OM growth 5Y7.37%
PM growth 3Y6.88%
PM growth 5Y4.93%
GM growth 3Y2.48%
GM growth 5Y0.16%
RACE.MI Yearly Profit, Operating, Gross MarginsRACE.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40 50

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ROAROEROICOperating and Profit MarginShow most profitable peers

9

2. RACE.MI Health Analysis

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.
  • RACE has less shares outstanding than it did 5 years ago.
  • The debt/assets ratio for RACE has been reduced compared to a year ago.
RACE.MI Yearly Shares OutstandingRACE.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M
RACE.MI Yearly Total Debt VS Total AssetsRACE.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

2.2 Solvency

  • RACE has an Altman-Z score of 8.45. This indicates that RACE is financially healthy and has little risk of bankruptcy at the moment.
  • RACE's Altman-Z score of 8.45 is amongst the best of the industry. RACE outperforms 93.55% of its industry peers.
  • The Debt to FCF ratio of RACE is 2.05, which is a good value as it means it would take RACE, 2.05 years of fcf income to pay off all of its debts.
  • RACE has a better Debt to FCF ratio (2.05) than 87.10% of its industry peers.
  • A Debt/Equity ratio of 0.74 indicates that RACE is somewhat dependend on debt financing.
  • RACE has a Debt to Equity ratio of 0.74. This is in the lower half of the industry: RACE underperforms 61.29% of 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 RankSector Rank
Debt/Equity 0.74
Debt/FCF 2.05
Altman-Z 8.45
ROIC/WACC2.84
WACC7.88%
RACE.MI Yearly LT Debt VS Equity VS FCFRACE.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

2.3 Liquidity

  • RACE has a Current Ratio of 2.19. This indicates that RACE is financially healthy and has no problem in meeting its short term obligations.
  • RACE's Current ratio of 2.19 is amongst the best of the industry. RACE outperforms 90.32% of its industry peers.
  • A Quick Ratio of 1.69 indicates that RACE should not have too much problems paying its short term obligations.
  • With an excellent Quick ratio value of 1.69, RACE belongs to the best of the industry, outperforming 87.10% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.19
Quick Ratio 1.69
RACE.MI Yearly Current Assets VS Current LiabilitesRACE.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B 5B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. RACE.MI Growth Analysis

3.1 Past

  • The Earnings Per Share has been growing slightly by 6.03% over the past year.
  • The Earnings Per Share has been growing by 22.36% on average over the past years. This is a very strong growth
  • RACE shows a small growth in Revenue. In the last year, the Revenue has grown by 7.03%.
  • RACE shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.61% yearly.
EPS 1Y (TTM)6.03%
EPS 3Y20.79%
EPS 5Y22.36%
EPS Q2Q%0%
Revenue 1Y (TTM)7.03%
Revenue growth 3Y11.93%
Revenue growth 5Y15.61%
Sales Q2Q%3.8%

3.2 Future

  • Based on estimates for the next years, RACE will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.79% on average per year.
  • RACE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.14% yearly.
EPS Next Y8.89%
EPS Next 2Y9.63%
EPS Next 3Y8.7%
EPS Next 5Y8.79%
Revenue Next Year5.98%
Revenue Next 2Y6.69%
Revenue Next 3Y6.56%
Revenue Next 5Y6.14%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
  • 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.
RACE.MI Yearly Revenue VS EstimatesRACE.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2B 4B 6B 8B 10B
RACE.MI Yearly EPS VS EstimatesRACE.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 5 10 15

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Find the best growth stocksShow best growing peers

1

4. RACE.MI Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 33.39, RACE can be considered very expensive at the moment.
  • RACE's Price/Earnings ratio is a bit more expensive when compared to the industry. RACE is more expensive than 64.52% of the companies in the same industry.
  • RACE's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.25.
  • Based on the Price/Forward Earnings ratio of 30.66, the valuation of RACE can be described as expensive.
  • Based on the Price/Forward Earnings ratio, RACE is valued a bit more expensive than 70.97% of the companies 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 24.39.
Industry RankSector Rank
PE 33.39
Fwd PE 30.66
RACE.MI Price Earnings VS Forward Price EarningsRACE.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • RACE's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. RACE is more expensive than 74.19% of the companies in the same industry.
  • RACE's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 41.3
EV/EBITDA 21.63
RACE.MI Per share dataRACE.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

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.
  • RACE has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)3.76
PEG (5Y)1.49
EPS Next 2Y9.63%
EPS Next 3Y8.7%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. RACE.MI Dividend Analysis

5.1 Amount

  • RACE does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

RACE.MI Fundamentals: All Metrics, Ratios and Statistics

FERRARI NV

BIT:RACE (3/11/2026, 10:48:18 AM)

299.5

-1 (-0.33%)

Chartmill FA Rating
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)02-10
Earnings (Next)05-05
Inst Owners43.25%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap58.08B
Revenue(TTM)7.15B
Net Income(TTM)1.60B
Analysts75.56
Price Target383.28 (27.97%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly Dividend2.22
Dividend Growth(5Y)21.56%
DP33.17%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.6%
Min EPS beat(2)1.23%
Max EPS beat(2)1.97%
EPS beat(4)2
Avg EPS beat(4)-0.08%
Min EPS beat(4)-1.9%
Max EPS beat(4)1.97%
EPS beat(8)6
Avg EPS beat(8)3.12%
EPS beat(12)10
Avg EPS beat(12)4.35%
EPS beat(16)13
Avg EPS beat(16)3.76%
Revenue beat(2)1
Avg Revenue beat(2)0.65%
Min Revenue beat(2)-0.66%
Max Revenue beat(2)1.96%
Revenue beat(4)1
Avg Revenue beat(4)-1.01%
Min Revenue beat(4)-4.23%
Max Revenue beat(4)1.96%
Revenue beat(8)3
Avg Revenue beat(8)-0.01%
Revenue beat(12)5
Avg Revenue beat(12)0.06%
Revenue beat(16)8
Avg Revenue beat(16)0.98%
PT rev (1m)0.04%
PT rev (3m)-8.6%
EPS NQ rev (1m)1.93%
EPS NQ rev (3m)-16.27%
EPS NY rev (1m)0.71%
EPS NY rev (3m)-3.46%
Revenue NQ rev (1m)2.03%
Revenue NQ rev (3m)-6.31%
Revenue NY rev (1m)-0.12%
Revenue NY rev (3m)-1.8%
Valuation
Industry RankSector Rank
PE 33.39
Fwd PE 30.66
P/S 8.13
P/FCF 41.3
P/OCF 24.72
P/B 14.87
P/tB 39.16
EV/EBITDA 21.63
EPS(TTM)8.97
EY2.99%
EPS(NY)9.77
Fwd EY3.26%
FCF(TTM)7.25
FCFY2.42%
OCF(TTM)12.11
OCFY4.05%
SpS36.85
BVpS20.15
TBVpS7.65
PEG (NY)3.76
PEG (5Y)1.49
Graham Number63.77
Profitability
Industry RankSector Rank
ROA 16.59%
ROE 40.87%
ROCE 28.24%
ROIC 22.35%
ROICexc 27.88%
ROICexgc 47.01%
OM 29.35%
PM (TTM) 22.35%
GM 51.68%
FCFM 19.68%
ROA(3y)16.05%
ROA(5y)14.45%
ROE(3y)41.61%
ROE(5y)39.69%
ROIC(3y)21.13%
ROIC(5y)19.15%
ROICexc(3y)26.62%
ROICexc(5y)24.54%
ROICexgc(3y)46.02%
ROICexgc(5y)43.96%
ROCE(3y)26.7%
ROCE(5y)24.19%
ROICexgc growth 3Y5.49%
ROICexgc growth 5Y8.03%
ROICexc growth 3Y9.13%
ROICexc growth 5Y11.79%
OM growth 3Y6.98%
OM growth 5Y7.37%
PM growth 3Y6.88%
PM growth 5Y4.93%
GM growth 3Y2.48%
GM growth 5Y0.16%
F-Score8
Asset Turnover0.74
Health
Industry RankSector Rank
Debt/Equity 0.74
Debt/FCF 2.05
Debt/EBITDA 1.05
Cap/Depr 142.49%
Cap/Sales 13.2%
Interest Coverage 16.61
Cash Conversion 85.15%
Profit Quality 88.05%
Current Ratio 2.19
Quick Ratio 1.69
Altman-Z 8.45
F-Score8
WACC7.88%
ROIC/WACC2.84
Cap/Depr(3y)140.68%
Cap/Depr(5y)146.2%
Cap/Sales(3y)14.19%
Cap/Sales(5y)15.12%
Profit Quality(3y)72.45%
Profit Quality(5y)69.45%
High Growth Momentum
Growth
EPS 1Y (TTM)6.03%
EPS 3Y20.79%
EPS 5Y22.36%
EPS Q2Q%0%
EPS Next Y8.89%
EPS Next 2Y9.63%
EPS Next 3Y8.7%
EPS Next 5Y8.79%
Revenue 1Y (TTM)7.03%
Revenue growth 3Y11.93%
Revenue growth 5Y15.61%
Sales Q2Q%3.8%
Revenue Next Year5.98%
Revenue Next 2Y6.69%
Revenue Next 3Y6.56%
Revenue Next 5Y6.14%
EBIT growth 1Y11.58%
EBIT growth 3Y19.75%
EBIT growth 5Y24.13%
EBIT Next Year41.25%
EBIT Next 3Y17.9%
EBIT Next 5Y13.3%
FCF growth 1Y49.99%
FCF growth 3Y32.92%
FCF growth 5Y61.19%
OCF growth 1Y21.94%
OCF growth 3Y18.74%
OCF growth 5Y22.89%

FERRARI NV / RACE.MI FAQ

Can you provide the ChartMill fundamental rating for FERRARI NV?

ChartMill assigns a fundamental rating of 7 / 10 to RACE.MI.


What is the valuation status for RACE 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.


Can you provide the financial health for RACE stock?

The financial health rating of FERRARI NV (RACE.MI) is 9 / 10.


What is the earnings growth outlook for FERRARI NV?

The Earnings per Share (EPS) of FERRARI NV (RACE.MI) is expected to grow by 8.89% in the next year.