FERRARI NV (2FE.DE) Stock Fundamental Analysis
Europe - FRA:2FE - NL0011585146 - Common Stock
353.2 EUR
+5.6 (+1.61%)
2FE gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 28 industry peers in the Automobiles industry. 2FE gets an excellent profitability rating and is at the same time showing great financial health properties. While showing a medium growth rate, 2FE is valued expensive at the moment. With these ratings, 2FE could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
2FE had positive earnings in the past year.
2FE had a positive operating cash flow in the past year.
In the past 5 years 2FE has always been profitable.
2FE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
2FE has a Return On Assets of 16.52%. This is amongst the best in the industry. 2FE outperforms 100.00% of its industry peers.
With an excellent Return On Equity value of 45.01%, 2FE belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
2FE has a better Return On Invested Capital (22.10%) than 100.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for 2FE is significantly above the industry average of 7.07%.
The last Return On Invested Capital (22.10%) for 2FE 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
2FE has a Profit Margin of 22.91%. This is amongst the best in the industry. 2FE outperforms 100.00% of its industry peers.
In the last couple of years the Profit Margin of 2FE has grown nicely.
2FE has a Operating Margin of 29.02%. This is amongst the best in the industry. 2FE outperforms 96.43% of its industry peers.
2FE's Operating Margin has improved in the last couple of years.
2FE has a better Gross Margin (51.20%) than 100.00% 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.
The debt/assets ratio for 2FE is higher compared to a year ago.
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.
The Debt to FCF ratio of 2FE is 2.32, which is a good value as it means it would take 2FE, 2.32 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 2.32, 2FE belongs to the best of the industry, outperforming 89.29% of the companies in the same industry.
A Debt/Equity ratio of 0.89 indicates that 2FE is somewhat dependend on debt financing.
2FE's Debt to Equity ratio of 0.89 is on the low side compared to the rest of the industry. 2FE is outperformed by 64.29% of its industry peers.
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
2FE has a Current Ratio of 2.08. This indicates that 2FE is financially healthy and has no problem in meeting its short term obligations.
2FE has a better Current ratio (2.08) than 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's Quick ratio of 1.61 is amongst the best of 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.
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
The Earnings Per Share is expected to grow by 10.24% on average over the next years. This is quite good.
Based on estimates for the next years, 2FE will show a small growth in Revenue. The Revenue will grow by 6.99% on average per year.
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
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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 39.64, 2FE can be considered very expensive at the moment.
The rest of the industry has a similar Price/Earnings ratio as 2FE.
2FE is valuated rather expensively when we compare the Price/Earnings ratio to 26.83, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 33.02, which means the current valuation is very expensive for 2FE.
Based on the Price/Forward Earnings ratio, 2FE is valued a bit more expensive than 71.43% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.82, 2FE is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.64 | ||
| Fwd PE | 33.02 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of 2FE indicates a slightly more expensive valuation: 2FE is more expensive than 71.43% of the companies listed in the same industry.
60.71% of the companies in the same industry are more expensive than 2FE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 50.4 | ||
| 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)5.72
PEG (5Y)2.21
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, 5:15:12 PM)
353.2
+5.6 (+1.61%)
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 Cap68.49B
Revenue(TTM)6.96B
Net Income(TTM)1.59B
Analysts76.52
Price Target469.7 (32.98%)
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 | 39.64 | ||
| Fwd PE | 33.02 | ||
| P/S | 9.84 | ||
| P/FCF | 50.4 | ||
| P/OCF | 29.17 | ||
| P/B | 19.34 | ||
| P/tB | 59.93 | ||
| EV/EBITDA | 25.83 |
EPS(TTM)8.91
EY2.52%
EPS(NY)10.7
Fwd EY3.03%
FCF(TTM)7.01
FCFY1.98%
OCF(TTM)12.11
OCFY3.43%
SpS35.88
BVpS18.26
TBVpS5.89
PEG (NY)5.72
PEG (5Y)2.21
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 39.64 and the Price/Book (PB) ratio is 19.34.
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.