FERRARI NV (2FE.DE) Stock Fundamental Analysis
FRA:2FE - Deutsche Boerse Ag - NL0011585146 - Common Stock - Currency: EUR
Overall 2FE gets a fundamental rating of 6 out of 10. We evaluated 2FE against 32 industry peers in the Automobiles industry. 2FE gets an excellent profitability rating and is at the same time showing great financial health properties. 2FE is valied quite expensively at the moment, while it does show a decent growth rate. These ratings would make 2FE suitable 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.
Each year in the past 5 years 2FE has been profitable.
2FE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
2FE's Return On Assets of 16.02% is amongst the best of the industry. 2FE outperforms 96.55% of its industry peers.
2FE's Return On Equity of 43.06% is amongst the best of the industry. 2FE outperforms 100.00% of its industry peers.
With an excellent Return On Invested Capital value of 20.08%, 2FE belongs to the best of the industry, outperforming 96.55% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for 2FE is significantly above the industry average of 8.00%.
The last Return On Invested Capital (20.08%) for 2FE is above the 3 year average (19.26%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.02% | ||
| ROE | 43.06% | ||
| ROIC | 20.08% |
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 22.79% is amongst the best of the industry. 2FE outperforms 100.00% of its industry peers.
2FE's Profit Margin has improved in the last couple of years.
2FE's Operating Margin of 28.15% is amongst the best of the industry. 2FE outperforms 96.55% of its industry peers.
2FE's Operating Margin has improved in the last couple of years.
The Gross Margin of 2FE (50.13%) is better 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 | 28.15% | ||
| PM (TTM) | 22.79% | ||
| GM | 50.13% |
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), 2FE is creating value.
2FE has less shares outstanding than it did 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 10.69. This indicates that 2FE is financially healthy and has little risk of bankruptcy at the moment.
2FE has a Altman-Z score of 10.69. This is amongst the best in the industry. 2FE outperforms 89.66% of its industry peers.
2FE has a debt to FCF ratio of 3.58. This is a good value and a sign of high solvency as 2FE would need 3.58 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.58, 2FE belongs to the top of the industry, outperforming 93.10% of the companies in the same industry.
A Debt/Equity ratio of 0.95 indicates that 2FE is somewhat dependend on debt financing.
2FE has a Debt to Equity ratio of 0.95. This is comparable to the rest of the industry: 2FE outperforms 41.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.95 | ||
| Debt/FCF | 3.58 | ||
| Altman-Z | 10.69 |
ROIC/WACC2.42
WACC8.29%
2.3 Liquidity
2FE has a Current Ratio of 2.45. This indicates that 2FE is financially healthy and has no problem in meeting its short term obligations.
2FE has a Current ratio of 2.45. This is amongst the best in the industry. 2FE outperforms 93.10% of its industry peers.
2FE has a Quick Ratio of 1.92. This is a normal value and indicates that 2FE is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of 2FE (1.92) is better than 96.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.45 | ||
| Quick Ratio | 1.92 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 19.77% 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.
Looking at the last year, 2FE shows a quite strong growth in Revenue. The Revenue has grown by 11.83% in the last year.
Measured over the past years, 2FE shows a quite strong growth in Revenue. The Revenue has been growing by 12.13% on average per year.
EPS 1Y (TTM)19.77%
EPS 3Y23.51%
EPS 5Y17.92%
EPS Q2Q%9.59%
Revenue 1Y (TTM)11.83%
Revenue growth 3Y16.06%
Revenue growth 5Y12.13%
Sales Q2Q%5%
3.2 Future
The Earnings Per Share is expected to grow by 8.06% 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 6.38% on average per year.
EPS Next Y8.15%
EPS Next 2Y11.32%
EPS Next 3Y10.77%
EPS Next 5Y8.06%
Revenue Next Year8.77%
Revenue Next 2Y9.8%
Revenue Next 3Y8.97%
Revenue Next 5Y6.38%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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.
4. Valuation
4.1 Price/Earnings Ratio
2FE is valuated quite expensively with a Price/Earnings ratio of 49.98.
Based on the Price/Earnings ratio, 2FE is valued a bit more expensive than the industry average as 72.41% of the companies are valued more cheaply.
When comparing the Price/Earnings ratio of 2FE to the average of the S&P500 Index (24.21), we can say 2FE is valued expensively.
With a Price/Forward Earnings ratio of 41.24, 2FE can be considered very expensive at the moment.
68.97% of the companies in the same industry are cheaper than 2FE, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of 2FE to the average of the S&P500 Index (20.44), we can say 2FE is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 49.98 | ||
| Fwd PE | 41.24 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, 2FE is valued a bit more expensive than the industry average as 72.41% of the companies are valued more cheaply.
2FE's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. 2FE is cheaper than 72.41% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 89.42 | ||
| EV/EBITDA | 33.55 |
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)6.13
PEG (5Y)2.79
EPS Next 2Y11.32%
EPS Next 3Y10.77%
5. Dividend
5.1 Amount
With a yearly dividend of 0.69%, 2FE is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.89, 2FE is paying slightly less dividend.
With a Dividend Yield of 0.69, 2FE pays less dividend than the S&P500 average, which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.69% |
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 Years3
Div Non Decr Years3
5.3 Sustainability
2FE pays out 28.91% 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.
DP28.91%
EPS Next 2Y11.32%
EPS Next 3Y10.77%
FRA:2FE (5/9/2025, 7:00:00 PM)
432.3
+1.4 (+0.32%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)
Earnings (Next)
Inst Owners39.38%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap83.83B
Analysts76.36
Price Target468.03 (8.27%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.69% |
Yearly Dividend1.81
Dividend Growth(5Y)18.29%
DP28.91%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.64%
Min EPS beat(2)3.51%
Max EPS beat(2)11.77%
EPS beat(4)4
Avg EPS beat(4)6.31%
Min EPS beat(4)2.16%
Max EPS beat(4)11.77%
EPS beat(8)8
Avg EPS beat(8)6.56%
EPS beat(12)11
Avg EPS beat(12)5.03%
EPS beat(16)14
Avg EPS beat(16)4.86%
Revenue beat(2)1
Avg Revenue beat(2)0.7%
Min Revenue beat(2)-1.38%
Max Revenue beat(2)2.78%
Revenue beat(4)2
Avg Revenue beat(4)0.99%
Min Revenue beat(4)-1.45%
Max Revenue beat(4)4.01%
Revenue beat(8)4
Avg Revenue beat(8)0.59%
Revenue beat(12)7
Avg Revenue beat(12)1.64%
Revenue beat(16)7
Avg Revenue beat(16)-0.97%
PT rev (1m)-0.14%
PT rev (3m)3.62%
EPS NQ rev (1m)-0.07%
EPS NQ rev (3m)7.34%
EPS NY rev (1m)-0.12%
EPS NY rev (3m)0.5%
Revenue NQ rev (1m)0.28%
Revenue NQ rev (3m)1.97%
Revenue NY rev (1m)0.53%
Revenue NY rev (3m)0.8%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 49.98 | ||
| Fwd PE | 41.24 | ||
| P/S | 12.56 | ||
| P/FCF | 89.42 | ||
| P/OCF | 43.51 | ||
| P/B | 23.72 | ||
| P/tB | 69.68 | ||
| EV/EBITDA | 33.55 |
EPS(TTM)8.65
EY2%
EPS(NY)10.48
Fwd EY2.43%
FCF(TTM)4.83
FCFY1.12%
OCF(TTM)9.94
OCFY2.3%
SpS34.43
BVpS18.22
TBVpS6.2
PEG (NY)6.13
PEG (5Y)2.79
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.02% | ||
| ROE | 43.06% | ||
| ROCE | 25.22% | ||
| ROIC | 20.08% | ||
| ROICexc | 26.24% | ||
| ROICexgc | 44.36% | ||
| OM | 28.15% | ||
| PM (TTM) | 22.79% | ||
| GM | 50.13% | ||
| FCFM | 14.04% |
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-Score7
Asset Turnover0.7
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.95 | ||
| Debt/FCF | 3.58 | ||
| Debt/EBITDA | 1.32 | ||
| Cap/Depr | 148.35% | ||
| Cap/Sales | 14.82% | ||
| Interest Coverage | 37.33 | ||
| Cash Conversion | 75.67% | ||
| Profit Quality | 61.6% | ||
| Current Ratio | 2.45 | ||
| Quick Ratio | 1.92 | ||
| Altman-Z | 10.69 |
F-Score7
WACC8.29%
ROIC/WACC2.42
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)19.77%
EPS 3Y23.51%
EPS 5Y17.92%
EPS Q2Q%9.59%
EPS Next Y8.15%
EPS Next 2Y11.32%
EPS Next 3Y10.77%
EPS Next 5Y8.06%
Revenue 1Y (TTM)11.83%
Revenue growth 3Y16.06%
Revenue growth 5Y12.13%
Sales Q2Q%5%
Revenue Next Year8.77%
Revenue Next 2Y9.8%
Revenue Next 3Y8.97%
Revenue Next 5Y6.38%
EBIT growth 1Y16.65%
EBIT growth 3Y20.71%
EBIT growth 5Y15.51%
EBIT Next Year42.8%
EBIT Next 3Y21.84%
EBIT Next 5Y16.43%
FCF growth 1Y10.59%
FCF growth 3Y19.78%
FCF growth 5Y9.32%
OCF growth 1Y12.23%
OCF growth 3Y14.52%
OCF growth 5Y8.09%