FERRARI NV (RACE.MI) Stock Fundamental Analysis

BIT:RACE • NL0011585146

310.1 EUR
-8.2 (-2.58%)
Last: Feb 18, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

6

RACE gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 34 industry peers in the Automobiles industry. Both the health and profitability get an excellent rating, making RACE a very profitable company, without any liquidiy or solvency issues. RACE has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

9

1. Profitability

1.1 Basic Checks

  • In the past year RACE was profitable.
  • RACE had a positive operating cash flow in the past year.
  • RACE had positive earnings in 4 of the past 5 years.
  • Of the past 5 years RACE 4 years 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 500M 1B 1.5B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 16.89%, RACE belongs to the top of the industry, outperforming 97.06% of the companies in the same industry.
  • Looking at the Return On Equity, with a value of 42.43%, RACE belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
  • The Return On Invested Capital of RACE (22.63%) is better than 100.00% of its industry peers.
  • RACE had an Average Return On Invested Capital over the past 3 years of 19.26%. This is significantly above the industry average of 5.78%.
  • The last Return On Invested Capital (22.63%) for RACE is above the 3 year average (19.26%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 16.89%
ROE 42.43%
ROIC 22.63%
ROA(3y)14.53%
ROA(5y)13.08%
ROE(3y)39.98%
ROE(5y)38.33%
ROIC(3y)19.26%
ROIC(5y)17.08%
RACE.MI Yearly ROA, ROE, ROICRACE.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60 80 100

1.3 Margins

  • RACE's Profit Margin of 22.62% is amongst the best of the industry. RACE outperforms 100.00% of its industry peers.
  • In the last couple of years the Profit Margin of RACE has grown nicely.
  • The Operating Margin of RACE (29.01%) is better than 97.06% of its industry peers.
  • RACE's Operating Margin has improved in the last couple of years.
  • With an excellent Gross Margin value of 51.26%, RACE belongs to the best of the industry, outperforming 97.06% of the companies in the same industry.
  • RACE's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 29.01%
PM (TTM) 22.62%
GM 51.26%
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%
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 10 20 30 40 50

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ROAROEROICOperating and Profit MarginShow most profitable peers

8

2. Health

2.1 Basic Checks

  • RACE has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
  • RACE has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
RACE.MI Yearly Shares OutstandingRACE.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 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 2B 4B 6B 8B

2.2 Solvency

  • An Altman-Z score of 8.81 indicates that RACE is not in any danger for bankruptcy at the moment.
  • The Altman-Z score of RACE (8.81) is better than 100.00% of its industry peers.
  • RACE has a debt to FCF ratio of 2.12. This is a good value and a sign of high solvency as RACE would need 2.12 years to pay back of all of its debts.
  • RACE has a Debt to FCF ratio of 2.12. This is amongst the best in the industry. RACE outperforms 91.18% of its industry peers.
  • RACE has a Debt/Equity ratio of 0.76. This is a neutral value indicating RACE is somewhat dependend on debt financing.
  • RACE has a Debt to Equity ratio (0.76) which is in line with its industry peers.
  • Although RACE 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 RankSector Rank
Debt/Equity 0.76
Debt/FCF 2.12
Altman-Z 8.81
ROIC/WACC2.87
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 1B 2B 3B

2.3 Liquidity

  • RACE has a Current Ratio of 2.10. This indicates that RACE is financially healthy and has no problem in meeting its short term obligations.
  • RACE has a Current ratio of 2.10. This is amongst the best in the industry. RACE outperforms 85.29% of its industry peers.
  • RACE has a Quick Ratio of 1.62. This is a normal value and indicates that RACE is financially healthy and should not expect problems in meeting its short term obligations.
  • The Quick ratio of RACE (1.62) is better than 88.24% of its industry peers.
Industry RankSector Rank
Current Ratio 2.1
Quick Ratio 1.62
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 1B 2B 3B 4B 5B

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

3

3. Growth

3.1 Past

  • The Earnings Per Share has been growing slightly by 5.46% over the past year.
  • RACE shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 22.23% yearly.
EPS 1Y (TTM)5.46%
EPS 3Y20.57%
EPS 5Y22.23%
EPS Q2Q%-2.25%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%1.52%

3.2 Future

  • RACE is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.95% yearly.
  • Based on estimates for the next years, RACE will show a small growth in Revenue. The Revenue will grow by 6.22% on average per year.
EPS Next Y8.7%
EPS Next 2Y9.61%
EPS Next 3Y9.62%
EPS Next 5Y8.95%
Revenue Next Year5.97%
Revenue Next 2Y6.66%
Revenue Next 3Y6.8%
Revenue Next 5Y6.22%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 5 10 15

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Find the best growth stocksShow best growing peers

2

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 34.76, the valuation of RACE can be described as expensive.
  • RACE's Price/Earnings ratio is in line with the industry average.
  • Compared to an average S&P500 Price/Earnings ratio of 27.27, RACE is valued a bit more expensive.
  • Based on the Price/Forward Earnings ratio of 31.97, the valuation of RACE can be described as expensive.
  • 67.65% of the companies in the same industry are cheaper than RACE, based on the Price/Forward Earnings ratio.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 28.16, RACE is valued at the same level.
Industry RankSector Rank
PE 34.76
Fwd PE 31.97
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

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of RACE indicates a slightly more expensive valuation: RACE is more expensive than 73.53% of the companies listed in the same industry.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as RACE.
Industry RankSector Rank
P/FCF 44.39
EV/EBITDA 23.36
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 an expensive valuation of the company.
  • The excellent profitability rating of RACE may justify a higher PE ratio.
PEG (NY)3.99
PEG (5Y)1.56
EPS Next 2Y9.61%
EPS Next 3Y9.62%

More info and screens

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

3

5. Dividend

5.1 Amount

  • With a yearly dividend of 0.91%, RACE is not a good candidate for dividend investing.
  • RACE's Dividend Yield is comparable with the industry average which is at 3.46.
  • With a Dividend Yield of 0.91, RACE pays less dividend than the S&P500 average, which is at 1.84.
Industry RankSector Rank
Dividend Yield 0.91%

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 33.19% 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.
DP33.19%
EPS Next 2Y9.61%
EPS Next 3Y9.62%
RACE.MI Yearly Income VS Free CF VS DividendRACE.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B
RACE.MI Dividend Payout.RACE.MI Dividend Payout, showing the Payout Ratio.RACE.MI Dividend Payout.PayoutRetained Earnings

More info and screens

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FERRARI NV

BIT:RACE (2/18/2026, 7:00:00 PM)

310.1

-8.2 (-2.58%)

Chartmill FA Rating
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)02-10
Earnings (Next)05-05
Inst Owners45.22%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap60.13B
Revenue(TTM)N/A
Net Income(TTM)1.60B
Analysts74.81
Price Target383.14 (23.55%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.91%
Yearly Dividend1.81
Dividend Growth(5Y)18.29%
DP33.19%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.18%
Min EPS beat(2)-1.61%
Max EPS beat(2)1.97%
EPS beat(4)2
Avg EPS beat(4)2.56%
Min EPS beat(4)-1.9%
Max EPS beat(4)11.77%
EPS beat(8)6
Avg EPS beat(8)3.69%
EPS beat(12)9
Avg EPS beat(12)4.2%
EPS beat(16)13
Avg EPS beat(16)4.23%
Revenue beat(2)1
Avg Revenue beat(2)-1.14%
Min Revenue beat(2)-4.23%
Max Revenue beat(2)1.96%
Revenue beat(4)2
Avg Revenue beat(4)-0.15%
Min Revenue beat(4)-4.23%
Max Revenue beat(4)2.78%
Revenue beat(8)3
Avg Revenue beat(8)-0.04%
Revenue beat(12)6
Avg Revenue beat(12)0.82%
Revenue beat(16)8
Avg Revenue beat(16)0.91%
PT rev (1m)-2.65%
PT rev (3m)-9.73%
EPS NQ rev (1m)-2.24%
EPS NQ rev (3m)-7.79%
EPS NY rev (1m)-0.32%
EPS NY rev (3m)0.04%
Revenue NQ rev (1m)-0.98%
Revenue NQ rev (3m)-3.46%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.11%
Valuation
Industry RankSector Rank
PE 34.76
Fwd PE 31.97
P/S 8.49
P/FCF 44.39
P/OCF 25.86
P/B 15.93
P/tB 44.43
EV/EBITDA 23.36
EPS(TTM)8.92
EY2.88%
EPS(NY)9.7
Fwd EY3.13%
FCF(TTM)6.99
FCFY2.25%
OCF(TTM)11.99
OCFY3.87%
SpS36.51
BVpS19.46
TBVpS6.98
PEG (NY)3.99
PEG (5Y)1.56
Graham Number62.5
Profitability
Industry RankSector Rank
ROA 16.89%
ROE 42.43%
ROCE 28.42%
ROIC 22.63%
ROICexc 28.22%
ROICexgc 48.47%
OM 29.01%
PM (TTM) 22.62%
GM 51.26%
FCFM 19.14%
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 Turnover0.75
Health
Industry RankSector Rank
Debt/Equity 0.76
Debt/FCF 2.12
Debt/EBITDA 1.06
Cap/Depr 149.43%
Cap/Sales 13.71%
Interest Coverage 18.26
Cash Conversion 86.02%
Profit Quality 84.6%
Current Ratio 2.1
Quick Ratio 1.62
Altman-Z 8.81
F-Score8
WACC7.88%
ROIC/WACC2.87
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)5.46%
EPS 3Y20.57%
EPS 5Y22.23%
EPS Q2Q%-2.25%
EPS Next Y8.7%
EPS Next 2Y9.61%
EPS Next 3Y9.62%
EPS Next 5Y8.95%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%1.52%
Revenue Next Year5.97%
Revenue Next 2Y6.66%
Revenue Next 3Y6.8%
Revenue Next 5Y6.22%
EBIT growth 1Y15.08%
EBIT growth 3Y20.71%
EBIT growth 5Y15.51%
EBIT Next Year47.32%
EBIT Next 3Y18.94%
EBIT Next 5Y14.86%
FCF growth 1Y78.79%
FCF growth 3Y19.78%
FCF growth 5Y9.32%
OCF growth 1Y43.5%
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 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 8 / 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 8.7% in the next year.