FERRARI NV (2FE.DE) Stock Fundamental Analysis
FRA:2FE - NL0011585146 - Common Stock
406.8 EUR
+6.2 (+1.55%)
Overall 2FE gets a fundamental rating of 6 out of 10. We evaluated 2FE against 31 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 valied quite expensively at the moment, while it does show a decent growth rate. This makes 2FE very considerable for quality investing!
1. Profitability
1.1 Basic Checks
2FE had positive earnings in the past year.
In the past year 2FE had a positive cash flow from operations.
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
Looking at the Return On Assets, with a value of 16.52%, 2FE belongs to the top of the industry, outperforming 96.77% of the companies in the same industry.
2FE has a Return On Equity of 45.01%. This is amongst the best in the industry. 2FE outperforms 96.77% of its industry peers.
2FE's Return On Invested Capital of 22.10% is amongst the best of the industry. 2FE outperforms 96.77% of its industry peers.
2FE had an Average Return On Invested Capital over the past 3 years of 19.26%. This is significantly above the industry average of 6.86%.
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
2FE's Profit Margin of 22.91% is amongst the best of the industry. 2FE outperforms 96.77% of its industry peers.
2FE's Profit Margin has improved in the last couple of years.
2FE's Operating Margin of 29.02% is amongst the best of the industry. 2FE outperforms 93.55% of its industry peers.
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 93.55% of its industry peers.
In the last couple of years the Gross Margin of 2FE 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
2FE has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for 2FE has been reduced compared to 1 year ago.
2FE has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, 2FE has a worse debt to assets ratio.
2.2 Solvency
2FE has an Altman-Z score of 9.86. This indicates that 2FE is financially healthy and has little risk of bankruptcy at the moment.
2FE's Altman-Z score of 9.86 is amongst the best of the industry. 2FE outperforms 100.00% of its industry peers.
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.
The Debt to FCF ratio of 2FE (2.32) is better than 83.87% of its industry peers.
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: 64.52% of the companies in the same industry are doing better.
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 | 9.86 |
ROIC/WACC2.8
WACC7.9%
2.3 Liquidity
A Current Ratio of 2.08 indicates that 2FE has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.08, 2FE belongs to the top of the industry, outperforming 90.32% of the companies in the same industry.
A Quick Ratio of 1.61 indicates that 2FE should not have too much problems paying its short term obligations.
2FE has a Quick ratio of 1.61. This is amongst the best in the industry. 2FE outperforms 93.55% 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.
2FE shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.34%.
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
Based on estimates for the next years, 2FE will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.11% on average per year.
The Revenue is expected to grow by 6.76% on average over the next years.
EPS Next Y6.77%
EPS Next 2Y11.59%
EPS Next 3Y11.04%
EPS Next 5Y8.11%
Revenue Next Year7.06%
Revenue Next 2Y9.17%
Revenue Next 3Y8.42%
Revenue Next 5Y6.76%
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.
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
2FE is valuated quite expensively with a Price/Earnings ratio of 45.66.
2FE's Price/Earnings ratio is in line with the industry average.
2FE is valuated expensively when we compare the Price/Earnings ratio to 27.08, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 38.61, 2FE can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, 2FE is valued a bit more expensive than the industry average as 70.97% of the companies are valued more cheaply.
2FE's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 22.67.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.66 | ||
| Fwd PE | 38.61 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, 2FE is valued a bit more expensive than 70.97% of the companies in the same industry.
2FE's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 58.04 | ||
| EV/EBITDA | 29.68 |
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)6.74
PEG (5Y)2.55
EPS Next 2Y11.59%
EPS Next 3Y11.04%
5. Dividend
5.1 Amount
2FE has a yearly dividend return of 0.75%, which is pretty low.
2FE's Dividend Yield is slightly below the industry average, which is at 5.48.
With a Dividend Yield of 0.75, 2FE pays less dividend than the S&P500 average, which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.75% |
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.
The dividend of 2FE is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP32.88%
EPS Next 2Y11.59%
EPS Next 3Y11.04%
FRA:2FE (8/27/2025, 1:29:04 PM)
406.8
+6.2 (+1.55%)
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 Cap78.89B
Analysts74.55
Price Target464.98 (14.3%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.75% |
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)-0.09%
PT rev (3m)-0.65%
EPS NQ rev (1m)-2.13%
EPS NQ rev (3m)-5.71%
EPS NY rev (1m)-1.28%
EPS NY rev (3m)-1.28%
Revenue NQ rev (1m)-1.08%
Revenue NQ rev (3m)-5.02%
Revenue NY rev (1m)-1.57%
Revenue NY rev (3m)-1.57%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.66 | ||
| Fwd PE | 38.61 | ||
| P/S | 11.34 | ||
| P/FCF | 58.04 | ||
| P/OCF | 33.6 | ||
| P/B | 22.27 | ||
| P/tB | 69.02 | ||
| EV/EBITDA | 29.68 |
EPS(TTM)8.91
EY2.19%
EPS(NY)10.53
Fwd EY2.59%
FCF(TTM)7.01
FCFY1.72%
OCF(TTM)12.11
OCFY2.98%
SpS35.88
BVpS18.26
TBVpS5.89
PEG (NY)6.74
PEG (5Y)2.55
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 | 9.86 |
F-Score8
WACC7.9%
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 5Y8.11%
Revenue 1Y (TTM)9.34%
Revenue growth 3Y16.06%
Revenue growth 5Y12.13%
Sales Q2Q%4.38%
Revenue Next Year7.06%
Revenue Next 2Y9.17%
Revenue Next 3Y8.42%
Revenue Next 5Y6.76%
EBIT growth 1Y15.89%
EBIT growth 3Y20.71%
EBIT growth 5Y15.51%
EBIT Next Year40.75%
EBIT Next 3Y21.74%
EBIT Next 5Y14.69%
FCF growth 1Y103.88%
FCF growth 3Y19.78%
FCF growth 5Y9.32%
OCF growth 1Y54.15%
OCF growth 3Y14.52%
OCF growth 5Y8.09%