FERRARI NV (RACE) Fundamental Analysis & Valuation

NYSE:RACE • NL0011585146

Current stock price

331.86 USD
-2.69 (-0.8%)
At close:
330.99 USD
-0.87 (-0.26%)
After Hours:

This RACE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

9

1. RACE Profitability Analysis

1.1 Basic Checks

  • In the past year RACE was profitable.
  • In the past year RACE had a positive cash flow from operations.
  • In the past 5 years RACE has always been profitable.
  • RACE had a positive operating cash flow in each of the past 5 years.
RACE Yearly Net Income VS EBIT VS OCF VS FCFRACE 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 2025 500M 1B 1.5B 2B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 16.59%, RACE belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
  • The Return On Equity of RACE (40.87%) is better than 100.00% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 22.35%, RACE belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
  • RACE had an Average Return On Invested Capital over the past 3 years of 21.13%. This is significantly above the industry average of 5.11%.
  • The last Return On Invested Capital (22.35%) for RACE is above the 3 year average (21.13%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 16.59%
ROE 40.87%
ROIC 22.35%
ROA(3y)16.05%
ROA(5y)14.45%
ROE(3y)41.61%
ROE(5y)39.69%
ROIC(3y)21.13%
ROIC(5y)19.15%
RACE Yearly ROA, ROE, ROICRACE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60 80 100

1.3 Margins

  • RACE has a Profit Margin of 22.35%. This is amongst the best in the industry. RACE outperforms 100.00% of its industry peers.
  • In the last couple of years the Profit Margin of RACE has grown nicely.
  • With an excellent Operating Margin value of 29.35%, RACE belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
  • RACE's Operating Margin has improved in the last couple of years.
  • Looking at the Gross Margin, with a value of 51.68%, RACE belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
  • In the last couple of years the Gross Margin of RACE has remained more or less at the same level.
Industry RankSector Rank
OM 29.35%
PM (TTM) 22.35%
GM 51.68%
OM growth 3Y6.98%
OM growth 5Y7.37%
PM growth 3Y6.88%
PM growth 5Y4.93%
GM growth 3Y2.48%
GM growth 5Y0.16%
RACE Yearly Profit, Operating, Gross MarginsRACE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40 50

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

9

2. RACE Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), RACE is creating value.
  • RACE has less shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, RACE has less shares outstanding
  • Compared to 1 year ago, RACE has an improved debt to assets ratio.
RACE Yearly Shares OutstandingRACE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M
RACE Yearly Total Debt VS Total AssetsRACE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

2.2 Solvency

  • RACE has an Altman-Z score of 8.24. This indicates that RACE is financially healthy and has little risk of bankruptcy at the moment.
  • RACE has a Altman-Z score of 8.24. This is amongst the best in the industry. RACE outperforms 97.14% of its industry peers.
  • The Debt to FCF ratio of RACE is 2.05, which is a good value as it means it would take RACE, 2.05 years of fcf income to pay off all of its debts.
  • RACE has a Debt to FCF ratio of 2.05. This is amongst the best in the industry. RACE outperforms 94.29% of its industry peers.
  • A Debt/Equity ratio of 0.74 indicates that RACE is somewhat dependend on debt financing.
  • RACE has a Debt to Equity ratio of 0.74. This is comparable to the rest of the industry: RACE outperforms 48.57% of its industry peers.
  • Although RACE's pure debt/equity ratio does not look good, it has limited outstanding debt compared to the Free Cash Flow. 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 0.74
Debt/FCF 2.05
Altman-Z 8.24
ROIC/WACC2.83
WACC7.9%
RACE Yearly LT Debt VS Equity VS FCFRACE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

2.3 Liquidity

  • RACE has a Current Ratio of 2.19. This indicates that RACE is financially healthy and has no problem in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 2.19, RACE belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
  • RACE has a Quick Ratio of 1.69. This is a normal value and indicates that RACE is financially healthy and should not expect problems in meeting its short term obligations.
  • RACE has a Quick ratio of 1.69. This is in the better half of the industry: RACE outperforms 80.00% of its industry peers.
Industry RankSector Rank
Current Ratio 2.19
Quick Ratio 1.69
RACE Yearly Current Assets VS Current LiabilitesRACE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B 5B

More info and screens

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

5

3. RACE Growth Analysis

3.1 Past

  • RACE shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.03%.
  • Measured over the past years, RACE shows a very strong growth in Earnings Per Share. The EPS has been growing by 22.36% on average per year.
  • Looking at the last year, RACE shows a small growth in Revenue. The Revenue has grown by 7.03% in the last year.
  • Measured over the past years, RACE shows a quite strong growth in Revenue. The Revenue has been growing by 15.61% on average per year.
EPS 1Y (TTM)6.03%
EPS 3Y20.79%
EPS 5Y22.36%
EPS Q2Q%0%
Revenue 1Y (TTM)7.03%
Revenue growth 3Y11.93%
Revenue growth 5Y15.61%
Sales Q2Q%3.8%

3.2 Future

  • The Earnings Per Share is expected to grow by 8.79% on average over the next years. This is quite good.
  • The Revenue is expected to grow by 6.14% on average over the next years.
EPS Next Y8.89%
EPS Next 2Y9.63%
EPS Next 3Y8.7%
EPS Next 5Y8.79%
Revenue Next Year5.98%
Revenue Next 2Y6.69%
Revenue Next 3Y6.56%
Revenue Next 5Y6.14%

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.
RACE Yearly Revenue VS EstimatesRACE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2B 4B 6B 8B 10B
RACE Yearly EPS VS EstimatesRACE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 5 10 15

More info and screens

Find the best growth stocksShow best growing peers

4

4. RACE Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 32.03, which means the current valuation is very expensive for RACE.
  • Based on the Price/Earnings ratio, RACE is valued a bit cheaper than 74.29% of the companies in the same industry.
  • RACE's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 25.70.
  • RACE is valuated quite expensively with a Price/Forward Earnings ratio of 29.42.
  • Based on the Price/Forward Earnings ratio, RACE is valued a bit cheaper than 74.29% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 23.84. RACE is valued slightly more expensive when compared to this.
Industry RankSector Rank
PE 32.03
Fwd PE 29.42
RACE Price Earnings VS Forward Price EarningsRACE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of RACE indicates a somewhat cheap valuation: RACE is cheaper than 74.29% of the companies listed in the same industry.
  • RACE's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. RACE is cheaper than 80.00% of the companies in the same industry.
Industry RankSector Rank
P/FCF 39.64
EV/EBITDA 20.87
RACE Per share dataRACE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • RACE has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)3.6
PEG (5Y)1.43
EPS Next 2Y9.63%
EPS Next 3Y8.7%

More info and screens

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

5

5. RACE Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 1.02%, RACE has a reasonable but not impressive dividend return.
  • Compared to an average industry Dividend Yield of 1.00, RACE pays a bit more dividend than its industry peers.
  • With a Dividend Yield of 1.02, RACE pays less dividend than the S&P500 average, which is at 1.89.
Industry RankSector Rank
Dividend Yield 1.02%

5.2 History

  • On average, the dividend of RACE grows each year by 21.56%, which is quite nice.
  • RACE has been paying a dividend for at least 10 years, so it has a reliable track record.
  • RACE has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)21.56%
Div Incr Years4
Div Non Decr Years4
RACE Yearly Dividends per shareRACE Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3

5.3 Sustainability

  • 33.17% of the earnings are spent on dividend by RACE. This is a low number and sustainable payout ratio.
  • The dividend of RACE is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP33.17%
EPS Next 2Y9.63%
EPS Next 3Y8.7%
RACE Yearly Income VS Free CF VS DividendRACE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B
RACE Dividend Payout.RACE Dividend Payout, showing the Payout Ratio.RACE Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

RACE Fundamentals: All Metrics, Ratios and Statistics

FERRARI NV

NYSE:RACE (3/13/2026, 8:04:00 PM)

After market: 330.99 -0.87 (-0.26%)

331.86

-2.69 (-0.8%)

Chartmill FA Rating
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)02-10
Earnings (Next)05-05
Inst Owners43.25%
Inst Owner Change-2.55%
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap64.35B
Revenue(TTM)7.15B
Net Income(TTM)1.60B
Analysts75.56
Price Target452.04 (36.21%)
Short Float %2.97%
Short Ratio5.16
Dividend
Industry RankSector Rank
Dividend Yield 1.02%
Yearly Dividend2.55
Dividend Growth(5Y)21.56%
DP33.17%
Div Incr Years4
Div Non Decr Years4
Ex-Date04-20
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.6%
Min EPS beat(2)1.23%
Max EPS beat(2)1.97%
EPS beat(4)2
Avg EPS beat(4)-0.08%
Min EPS beat(4)-1.9%
Max EPS beat(4)1.97%
EPS beat(8)6
Avg EPS beat(8)3.12%
EPS beat(12)10
Avg EPS beat(12)4.35%
EPS beat(16)13
Avg EPS beat(16)3.76%
Revenue beat(2)1
Avg Revenue beat(2)0.65%
Min Revenue beat(2)-0.66%
Max Revenue beat(2)1.96%
Revenue beat(4)1
Avg Revenue beat(4)-1.01%
Min Revenue beat(4)-4.23%
Max Revenue beat(4)1.96%
Revenue beat(8)3
Avg Revenue beat(8)-0.01%
Revenue beat(12)5
Avg Revenue beat(12)0.06%
Revenue beat(16)8
Avg Revenue beat(16)0.98%
PT rev (1m)-0.02%
PT rev (3m)-7.21%
EPS NQ rev (1m)1.93%
EPS NQ rev (3m)-16.27%
EPS NY rev (1m)0.71%
EPS NY rev (3m)-3.46%
Revenue NQ rev (1m)2.03%
Revenue NQ rev (3m)-6.31%
Revenue NY rev (1m)-0.12%
Revenue NY rev (3m)-1.8%
Valuation
Industry RankSector Rank
PE 32.03
Fwd PE 29.42
P/S 7.8
P/FCF 39.64
P/OCF 23.72
P/B 14.27
P/tB 37.57
EV/EBITDA 20.87
EPS(TTM)10.36
EY3.12%
EPS(NY)11.28
Fwd EY3.4%
FCF(TTM)8.37
FCFY2.52%
OCF(TTM)13.99
OCFY4.22%
SpS42.55
BVpS23.26
TBVpS8.83
PEG (NY)3.6
PEG (5Y)1.43
Graham Number73.64
Profitability
Industry RankSector Rank
ROA 16.59%
ROE 40.87%
ROCE 28.24%
ROIC 22.35%
ROICexc 27.88%
ROICexgc 47.01%
OM 29.35%
PM (TTM) 22.35%
GM 51.68%
FCFM 19.68%
ROA(3y)16.05%
ROA(5y)14.45%
ROE(3y)41.61%
ROE(5y)39.69%
ROIC(3y)21.13%
ROIC(5y)19.15%
ROICexc(3y)26.62%
ROICexc(5y)24.54%
ROICexgc(3y)46.02%
ROICexgc(5y)43.96%
ROCE(3y)26.7%
ROCE(5y)24.19%
ROICexgc growth 3Y5.49%
ROICexgc growth 5Y8.03%
ROICexc growth 3Y9.13%
ROICexc growth 5Y11.79%
OM growth 3Y6.98%
OM growth 5Y7.37%
PM growth 3Y6.88%
PM growth 5Y4.93%
GM growth 3Y2.48%
GM growth 5Y0.16%
F-Score8
Asset Turnover0.74
Health
Industry RankSector Rank
Debt/Equity 0.74
Debt/FCF 2.05
Debt/EBITDA 1.05
Cap/Depr 142.49%
Cap/Sales 13.2%
Interest Coverage 16.61
Cash Conversion 85.15%
Profit Quality 88.05%
Current Ratio 2.19
Quick Ratio 1.69
Altman-Z 8.24
F-Score8
WACC7.9%
ROIC/WACC2.83
Cap/Depr(3y)140.68%
Cap/Depr(5y)146.2%
Cap/Sales(3y)14.19%
Cap/Sales(5y)15.12%
Profit Quality(3y)72.45%
Profit Quality(5y)69.45%
High Growth Momentum
Growth
EPS 1Y (TTM)6.03%
EPS 3Y20.79%
EPS 5Y22.36%
EPS Q2Q%0%
EPS Next Y8.89%
EPS Next 2Y9.63%
EPS Next 3Y8.7%
EPS Next 5Y8.79%
Revenue 1Y (TTM)7.03%
Revenue growth 3Y11.93%
Revenue growth 5Y15.61%
Sales Q2Q%3.8%
Revenue Next Year5.98%
Revenue Next 2Y6.69%
Revenue Next 3Y6.56%
Revenue Next 5Y6.14%
EBIT growth 1Y11.58%
EBIT growth 3Y19.75%
EBIT growth 5Y24.13%
EBIT Next Year41.25%
EBIT Next 3Y17.9%
EBIT Next 5Y13.3%
FCF growth 1Y49.99%
FCF growth 3Y32.92%
FCF growth 5Y61.19%
OCF growth 1Y21.94%
OCF growth 3Y18.74%
OCF growth 5Y22.89%

FERRARI NV / RACE Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for FERRARI NV?

ChartMill assigns a fundamental rating of 7 / 10 to RACE.


What is the valuation status for RACE stock?

ChartMill assigns a valuation rating of 4 / 10 to FERRARI NV (RACE). This can be considered as Fairly Valued.


Can you provide the profitability details for FERRARI NV?

FERRARI NV (RACE) has a profitability rating of 9 / 10.


Can you provide the financial health for RACE stock?

The financial health rating of FERRARI NV (RACE) is 9 / 10.


What is the earnings growth outlook for FERRARI NV?

The Earnings per Share (EPS) of FERRARI NV (RACE) is expected to grow by 8.89% in the next year.