RACE Stock Analysis: Ferrari | MI
Auto Manufacturers | MI, Italy | Market Cap: 63.983m EUR | 12M Return: -10.7% | NL0011585146 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 125M
EPS Trend: 94.2%
Qual. Beats: 1
Rev. Trend: 98.4%
Qual. Beats: 1
Warnings
No concerns identified
Tailwinds
Seasonality 10.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Ferrari N.V. is an Italian luxury automaker founded in 1947 and headquartered in Maranello, designing, engineering, producing, and selling high-performance sports cars globally. Its product range covers sports cars, track cars, one-offs, road cars, and supercars, positioning the company at the top of the global luxury performance car segment, which is characterized by limited production volumes and premium pricing.
Beyond vehicle sales, Ferrari generates revenue from spare parts, engines, after-sales, repair, maintenance, and restoration services, as well as brand licensing to third-party producers and retailers of luxury and lifestyle goods-a model common in the luxury sector that allows brand monetization without manufacturing involvement. The company further operates Ferrari museums in Modena and Maranello, the Il Cavallino restaurant, theme parks in Abu Dhabi and Spain, franchised and owned retail stores, and offers financing and leasing services to its customer base.
- Order backlog extends past 2026 on supercar demand
- Purosangue SUV launch expands volumes and customer mix
- Electric supercar rollout pressured by EU emissions regulation costs
| Net Income: 1.64b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.16 > 0.02 and ΔFCF/TA 1.05 > 1.0 |
| NWC/Revenue: 40.98% < 20% (prev 37.05%; Δ 3.93% < -1%) |
| CFO/TA 0.24 > 3% & CFO 2.41b > Net Income 1.64b |
| Net Debt (1.81b) to EBITDA (2.85b): 0.64 < 3 |
| Current Ratio: 2.37 > 1.5 & < 3 |
| Outstanding Shares: last quarter (176.4m) vs 12m ago 0.15% < -2% |
| Gross Margin: 51.62% > 18% (prev 51.20%; Δ 0.41% > 0.5%) |
| Asset Turnover: 74.04% > 50% (prev 72.10%; Δ 1.94% > 0%) |
| Interest Coverage Ratio: 51.54 > 6 (EBIT TTM 2.17b / Interest Expense TTM 42.2m) |
| A: 0.30 (Total Current Assets 5.22b - Total Current Liabilities 2.20b) / Total Assets 10.2b |
| B: 0.36 (Retained Earnings 3.64b / Total Assets 10.2b) |
| C: 0.22 (EBIT TTM 2.17b / Avg Total Assets 9.93b) |
| D: 0.56 (Book Value of Equity 3.66b / Total Liabilities 6.55b) |
| Altman-Z'' = 5.16 = AAA |
| DSRI: 1.11 (Receivables 2.28b/1.94b, Revenue 7.35b/6.96b) |
| GMI: 0.99 (GM 51.20% / 51.62%) |
| AQI: 0.99 (AQ_t 0.28 / AQ_t-1 0.28) |
| SGI: 1.06 (Revenue 7.35b / 6.96b) |
| TATA: -0.08 (NI 1.64b - CFO 2.41b) / TA 10.2b) |
| Beneish M = -2.92 (Cap -4..+1) = A |
As of September 27, 2026, the stock is trading at EUR 357.05 with a total of 363,724 shares traded. Over the past week, the price has changed by +0.93%, over one month by -1.31%, over three months by +14.31% and over the past year by -10.66%.
Current recommended Stop Loss: 344.10 (which is 3.6% or 1.7 ATR below the current price).
Ferrari has no consensus analysts rating.
P/E Trailing = 39.3042
P/E Forward = 32.7869
P/S = 8.7013
P/B = 17.4366
P/EG = 3.5594
Revenue TTM = 7.35b EUR
EBIT TTM = 2.17b EUR
EBITDA TTM = 2.85b EUR
Long Term Debt = 2.10b EUR (from longTermDebt, last quarter)
Short Term Debt = 942.0m EUR (from shortTermDebt, last quarter)
Debt = 3.32b EUR (from shortLongTermDebtTotal, last quarter) + Leases 157.1m
Net Debt = 1.81b EUR (calculated: Debt 3.32b - CCE 1.51b)
Enterprise Value = 65.8b EUR (64.0b + Debt 3.32b - CCE 1.51b)
Interest Coverage Ratio = 51.54 (Ebit TTM 2.17b / Interest Expense TTM 42.2m)
EV/FCF = 39.23x (Enterprise Value 65.8b / FCF TTM 1.68b)
FCF Yield = 2.55% (FCF TTM 1.68b / Enterprise Value 65.8b)
FCF Margin = 22.81% (FCF TTM 1.68b / Revenue TTM 7.35b)
Net Margin = 22.27% (Net Income TTM 1.64b / Revenue TTM 7.35b)
Gross Margin = 51.62% ((Revenue TTM 7.35b - Cost of Revenue TTM 3.56b) / Revenue TTM)
Gross Margin QoQ = 52.59% (prev 51.83%)
Tobins Q-Ratio = 6.44 (Enterprise Value 65.8b / Total Assets 10.2b)
Interest Expense / Debt = 1.27% (Interest Expense 42.2m / Debt 3.32b)
Taxrate = 22.99% (489.4m / 2.13b)
NOPAT = 1.67b (EBIT 2.17b * (1 - 22.99%))
Current Ratio = 2.37 (Total Current Assets 5.22b / Total Current Liabilities 2.20b)
Debt / Equity = 0.91 (Debt 3.32b / totalStockholderEquity, last quarter 3.66b)
Debt / EBITDA = 0.64 (Net Debt 1.81b / EBITDA 2.85b)
Debt / FCF = 1.08 (Net Debt 1.81b / FCF TTM 1.68b)
Total Stockholder Equity = 3.85b (last 4 quarters mean from totalStockholderEquity)
RoA = 16.48% (Net Income 1.64b / Total Assets 10.2b)
RoE = 42.56% (Net Income TTM 1.64b / Total Stockholder Equity 3.85b)
RoCE = 36.56% (EBIT 2.17b / Capital Employed (Equity 3.85b + L.T.Debt 2.10b))
RoIC = 19.49% (NOPAT 1.67b / Invested Capital 8.59b)
WACC = 7.68% (E(64.0b)/V(67.3b) * Re(8.03%) + D(3.32b)/V(67.3b) * Rd(1.27%) * (1-Tc(0.23)))
Discount Rate = 8.03% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -66.45 | Cagr: -1.02%
[DCF] Terminal Value 77.67% ; FCFF base≈1.60b ; Y1≈1.80b ; Y5≈2.55b
[DCF] Fair Price = 208.6 (EV 38.5b - Net Debt 1.81b = Equity 36.6b / Shares 175.6m; r=8.35% [WACC [floored]]; 5y FCF grow 13.08% → 2.50% )
EPS Correlation: 94.17 | EPS CAGR: 13.34% | SUE: 0.90 | # QB: 1
Revenue Correlation: 98.39 | Revenue CAGR: 8.96% | SUE: 1.51 | # QB: 1
EPS current Quarter (2026-09-30): EPS=2.47 | Chg30d=+1.23% | Revisions=+40% | Analysts=3
EPS current Year (2026-12-31): EPS=9.85 | Chg30d=+0.29% | Revisions=+75% | GrowthEPS=+10.0% | GrowthRev=+7.0%
EPS next Year (2027-12-31): EPS=11.00 | Chg30d=+0.02% | Revisions=+61% | GrowthEPS=+11.8% | GrowthRev=+8.3%
[Analyst] Revisions Ratio: +76% (up=31, down=3)