FERRARI NV (2FE.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:2FE - NL0011585146 - Common Stock
341 EUR
+2.6 (+0.77%)
Taking everything into account, 2FE scores 6 out of 10 in our fundamental rating. 2FE was compared to 29 industry peers in the Automobiles industry. 2FE scores excellent points on both the profitability and health parts. This is a solid base for a good stock. While showing a medium growth rate, 2FE is valued expensive at the moment. 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.
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 96.55% 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.
The Return On Invested Capital of 2FE (22.10%) is better than 100.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for 2FE is significantly above the industry average of 6.52%.
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's Profit Margin of 22.91% is amongst the best of 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's Operating Margin of 29.02% 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 (51.20%) is better than 100.00% of its industry peers.
2FE's Gross Margin has been stable in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), 2FE is creating value.
The number of shares outstanding for 2FE has been reduced compared to 1 year ago.
The number of shares outstanding for 2FE has been reduced compared to 5 years ago.
2FE has a worse debt/assets ratio than last year.
2.2 Solvency
2FE has an Altman-Z score of 8.67. This indicates that 2FE is financially healthy and has little risk of bankruptcy at the moment.
2FE has a better Altman-Z score (8.67) than 100.00% of its industry peers.
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.
2FE has a Debt to FCF ratio of 2.32. This is amongst the best in the industry. 2FE outperforms 89.66% 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.
Looking at the Debt to Equity ratio, with a value of 0.89, 2FE is doing worse than 62.07% of the companies in the same industry.
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 | 8.67 |
ROIC/WACC2.83
WACC7.8%
2.3 Liquidity
A Current Ratio of 2.08 indicates that 2FE has no problem at all paying its short term obligations.
2FE has a better Current ratio (2.08) than 89.66% of its industry peers.
A Quick Ratio of 1.61 indicates that 2FE should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.61, 2FE belongs to the top of the industry, outperforming 86.21% of the companies in the same industry.
| 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 12.97% over the past year.
2FE shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 17.92% yearly.
The Revenue has grown by 11.83% in the past year. This is quite good.
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)12.97%
EPS 3Y23.51%
EPS 5Y17.92%
EPS Q2Q%2.88%
Revenue 1Y (TTM)11.83%
Revenue growth 3Y16.06%
Revenue growth 5Y12.13%
Sales Q2Q%7.42%
3.2 Future
2FE is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.93% yearly.
Based on estimates for the next years, 2FE will show a small growth in Revenue. The Revenue will grow by 6.28% on average per year.
EPS Next Y7.2%
EPS Next 2Y9.88%
EPS Next 3Y9.62%
EPS Next 5Y7.93%
Revenue Next Year7.72%
Revenue Next 2Y8.75%
Revenue Next 3Y7.87%
Revenue Next 5Y6.28%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last 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
A Price/Earnings ratio of 38.02 indicates a quite expensive valuation of 2FE.
The rest of the industry has a similar Price/Earnings ratio as 2FE.
When comparing the Price/Earnings ratio of 2FE to the average of the S&P500 Index (26.46), we can say 2FE is valued slightly more expensively.
A Price/Forward Earnings ratio of 33.39 indicates a quite expensive valuation of 2FE.
Compared to the rest of the industry, the Price/Forward Earnings ratio of 2FE indicates a slightly more expensive valuation: 2FE is more expensive than 68.97% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 36.10. 2FE is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.02 | ||
| Fwd PE | 33.39 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, 2FE is valued a bit more expensive than 68.97% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as 2FE.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 48.66 | ||
| EV/EBITDA | 25.17 |
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)5.28
PEG (5Y)2.12
EPS Next 2Y9.88%
EPS Next 3Y9.62%
5. Dividend
5.1 Amount
2FE has a yearly dividend return of 0.88%, which is pretty low.
2FE's Dividend Yield is slightly below the industry average, which is at 5.12.
Compared to an average S&P500 Dividend Yield of 2.32, 2FE's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.88% |
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.
2FE's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP32.88%
EPS Next 2Y9.88%
EPS Next 3Y9.62%
FRA:2FE (12/5/2025, 7:00:00 PM)
341
+2.6 (+0.77%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)
Earnings (Next)
Inst Owners45.8%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap66.13B
Revenue(TTM)6.68B
Net Income(TTM)1.59B
Analysts75.65
Price Target419.22 (22.94%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.88% |
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)-10.31%
PT rev (3m)-9.4%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.58%
EPS NY rev (1m)0.25%
EPS NY rev (3m)0.4%
Revenue NQ rev (1m)0.12%
Revenue NQ rev (3m)-0.57%
Revenue NY rev (1m)0.36%
Revenue NY rev (3m)0.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.02 | ||
| Fwd PE | 33.39 | ||
| P/S | 9.5 | ||
| P/FCF | 48.66 | ||
| P/OCF | 28.16 | ||
| P/B | 18.67 | ||
| P/tB | 57.86 | ||
| EV/EBITDA | 25.17 |
EPS(TTM)8.97
EY2.63%
EPS(NY)10.21
Fwd EY3%
FCF(TTM)7.01
FCFY2.06%
OCF(TTM)12.11
OCFY3.55%
SpS35.88
BVpS18.26
TBVpS5.89
PEG (NY)5.28
PEG (5Y)2.12
Graham Number60.71
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 | 8.67 |
F-Score8
WACC7.8%
ROIC/WACC2.83
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)12.97%
EPS 3Y23.51%
EPS 5Y17.92%
EPS Q2Q%2.88%
EPS Next Y7.2%
EPS Next 2Y9.88%
EPS Next 3Y9.62%
EPS Next 5Y7.93%
Revenue 1Y (TTM)11.83%
Revenue growth 3Y16.06%
Revenue growth 5Y12.13%
Sales Q2Q%7.42%
Revenue Next Year7.72%
Revenue Next 2Y8.75%
Revenue Next 3Y7.87%
Revenue Next 5Y6.28%
EBIT growth 1Y15.89%
EBIT growth 3Y20.71%
EBIT growth 5Y15.51%
EBIT Next Year46.53%
EBIT Next 3Y22.29%
EBIT Next 5Y14.3%
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 38.02 and the Price/Book (PB) ratio is 18.67.
What is the earnings growth outlook for FERRARI NV?
The Earnings per Share (EPS) of FERRARI NV (2FE.DE) is expected to grow by 7.2% in the next year.