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Ferrari N.V. (RACE.MI)

EUR323.00 -4.95 (-1.51%)
IT MIL Consumer Cyclical Auto - Manufacturers
Address Via Abetone Inferiore n. 4 41053
Maranello, MO, IT
CEO Benedetto Vigna
IPO 2016-01-04
ISIN NL0011585146

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Also trades on Deutsche Börse · 2FE.DE (EUR) Italian Stock Exchange · RACE.MI (EUR) New York Stock Exchange · RACE (USD) Swiss Exchange · RACE.SW (CHF)
Description

Ferrari N.V., established in Maranello, Italy, in 1947, operates as a prestigious automotive company focused on the design, engineering, manufacturing, and global sales of high-performance luxury sports vehicles. Its diverse product range features standard sports cars, Grand Tourers (GTs), special edition series, highly exclusive limited-production hypercars, unique one-off bespoke models, track-only vehicles, and the retro-inspired Icona series. Additionally, Ferrari produces racing cars, critical spare parts, and engines, alongside offering comprehensive after-sales support including repair, maintenance, and restoration services for its vehicles. Beyond its core automotive business, the company leverages its renowned Ferrari brand through licensing arrangements with various luxury and lifestyle product manufacturers. It also holds stakes in and operates significant theme parks: Ferrari World in Abu Dhabi, UAE, and Ferrari Land Portaventura in Europe. To facilitate vehicle acquisition, Ferrari offers both direct and indirect financing and leasing options to its retail clientele and dealership network. Further expanding its portfolio, the company manages several racetracks and maintains two dedicated museums located in Maranello and Modena, Italy. It also develops and markets its own collection of apparel and accessories via its exclusive monobrand stores. As of December 31, 2021, Ferrari's retail presence included 30 branded stores worldwide (16 company-owned and 14 franchised), supported by an authorized dealer network spanning 172 dealers across 191 global sales points, complemented by its official e-commerce platform at store.ferrari.com.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
EUR323.00 -4.95 (-1.51%)
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Volume Profile
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Liquidity & share structure
Average Volume
597.9K
Beta
0.60
Float Shares
125.01M
Free Float %
70.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.39% -2.47% -6.40% -13.12% -22.54% -11.48% -36.45% +3.59% +72.04% +617.58% +541.17%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (19 ratings, all time) Buy
Price Targets & DCF
Current price
323.00
DCF (Unlevered) 288.39 -10.7%
DCF (Levered) 323.15 +0.0%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 72% Bullish
Rating 2026-05 Change
Strong Buy 5 0
Buy 8 0
Hold 5 -1
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
7.14
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
9 / 10
Strong MOAT
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
1 / 5
Low
P/E Score
2 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers ★ Strong MOAT
  • Revenue growth Auto - Manufacturers: +8.4%
    +7.0% Q1'26: +3.2% (vs Q1'25)
  • EPS growth Auto - Manufacturers: +17.3%
    +6.0% Q1'26: +1.3% (vs Q1'25)
  • FCF margin FCF growth · Auto - Manufacturers: +72.3%
    +21.5% Q1'26: +39.4% (vs Q1'25)
  • EBIT margin Auto - Manufacturers: +4.6%
    +29.8% Q1'26: +29.9% (vs Q1'25)
  • ROIC Auto - Manufacturers: +3.7%
    +30.7% Q1'26: +33.4% (vs Q1'25)
  • Share dilution Auto - Manufacturers: +0.0%
    -0.9% Q1'26: -0.9% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Auto - Manufacturers: -0.19×
    1.41× Q1'26: 1.01× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.82) × ERP
WACC = 94% × Ke + 6% × Kd (4.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 209.53 Current price: 323.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
23 Rev. Ana.
16 EPS Ana.
Dec 2027
22 Rev. Ana.
14 EPS Ana.
Dec 2028
16 Rev. Ana.
9 EPS Ana.
Dec 2029
15 Rev. Ana.
3 EPS Ana.
Dec 2030
15 Rev. Ana.
3 EPS Ana.
Revenue
2.85B
est: 2.84B (+0.4%)
3.11B
est: 3.05B (+1.8%)
3.42B
est: 3.43B (-0.5%)
3.42B
est: 3.44B (-0.6%)
3.77B
est: 3.76B (+0.1%)
3.46B
est: 3.45B (+0.4%)
4.27B
est: 4.28B (-0.2%)
5.10B
est: 5.00B (+1.9%)
5.97B
est: 5.95B (+0.4%)
6.68B
est: 6.60B (+1.2%)
7.15B
est: 7.11B (+0.4%)
7.57B
7.38B – 7.88B
+6.3% YoY
8.13B
7.80B – 8.49B
+7.5% YoY
8.63B
8.63B – 8.63B
+6.1% YoY
9.01B
8.71B – 9.40B
+4.4% YoY
9.56B
9.24B – 9.97B
+6.0% YoY
EBITDA
610.75M
est: 1.03B (-40.6%)
740.51M
est: 1.10B (-32.9%)
939.52M
est: 1.24B (-24.4%)
1.11B
est: 1.24B (-10.4%)
1.27B
est: 1.36B (-6.5%)
1.14B
est: 1.25B (-8.6%)
1.53B
est: 1.55B (-1.2%)
1.77B
est: 1.81B (-2.0%)
2.29B
est: 2.15B (+6.7%)
2.59B
est: 2.35B (+10.6%)
2.13B
est: 2.53B (-15.7%)
2.69B
2.62B – 2.80B
+6.3% YoY
2.89B
2.77B – 3.02B
+7.5% YoY
3.07B
3.07B – 3.07B
+6.1% YoY
3.20B
3.10B – 3.34B
+4.4% YoY
3.40B
3.28B – 3.54B
+6.0% YoY
EBIT
450.85M
est: 716.17M (-37.0%)
596.85M
est: 768.60M (-22.3%)
779.42M
est: 865.52M (-9.9%)
825.96M
est: 867.17M (-4.8%)
919.73M
est: 948.27M (-3.0%)
712.61M
est: 868.82M (-18.0%)
1.07B
est: 1.08B (-0.4%)
1.23B
est: 1.26B (-2.7%)
1.63B
est: 1.50B (+8.9%)
1.93B
est: 2.40B (-19.6%)
2.13B
est: 2.59B (-17.6%)
2.75B
2.68B – 2.87B
+6.3% YoY
2.96B
2.83B – 3.09B
+7.5% YoY
3.14B
3.14B – 3.14B
+6.1% YoY
3.28B
3.17B – 3.42B
+4.4% YoY
3.47B
3.36B – 3.62B
+6.0% YoY
Net Income
287.82M
est: 277.30M (+3.8%)
398.76M
est: 368.27M (+8.3%)
535.39M
est: 503.26M (+6.4%)
784.68M
est: 638.11M (+23.0%)
695.82M
est: 657.55M (+5.8%)
607.82M
est: 515.24M (+18.0%)
830.77M
est: 790.35M (+5.1%)
932.61M
est: 902.88M (+3.3%)
1.25B
est: 1.20B (+4.0%)
1.52B
est: 1.46B (+4.5%)
1.60B
est: 1.60B (+0.1%)
1.71B
1.61B – 1.79B
+7.2% YoY
1.86B
1.66B – 2.00B
+8.3% YoY
1.97B
1.77B – 2.22B
+6.2% YoY
2.23B
2.14B – 2.36B
+13.2% YoY
2.40B
2.30B – 2.53B
+7.5% YoY
SGA
338.63M
est: 241.08M (+40.5%)
295.24M
est: 258.73M (+14.1%)
329.07M
est: 291.35M (+12.9%)
327.34M
est: 291.91M (+12.1%)
343.18M
est: 319.21M (+7.5%)
336.13M
est: 292.46M (+14.9%)
348.02M
est: 363.07M (-4.1%)
427.97M
est: 424.21M (+0.9%)
462.58M
est: 504.63M (-8.3%)
561.14M
est: 550.14M (+2.0%)
642.00M
est: 593.12M (+8.2%)
630.74M
615.16M – 657.26M
+6.3% YoY
678.12M
649.95M – 708.12M
+7.5% YoY
719.37M
719.08M – 719.67M
+6.1% YoY
751.25M
726.15M – 783.69M
+4.4% YoY
796.64M
770.02M – 831.05M
+6.0% YoY
EPS
1.52
est: 1.54 (-1.3%)
2.11
est: 2.05 (+3.1%)
2.83
est: 2.80 (+1.2%)
4.16
est: 3.55 (+17.3%)
3.73
est: 3.65 (+2.1%)
3.29
est: 2.86 (+14.9%)
4.50
est: 4.39 (+2.5%)
5.10
est: 5.02 (+1.7%)
6.91
est: 6.69 (+3.3%)
8.47
est: 8.11 (+4.4%)
8.98
est: 8.95 (+0.4%)
9.63
9.00 – 10.03
+7.6% YoY
10.62
9.30 – 11.23
+10.2% YoY
11.49
9.95 – 12.44
+8.2% YoY
12.52
11.97 – 13.22
+8.9% YoY
13.46
12.87 – 14.21
+7.5% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 B+ 3/5 4/5 5/5 5/5 2/5 2/5 1/5
2026-05-11 B+ 3/5 4/5 5/5 5/5 2/5 2/5 1/5
2026-05-08 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-05-07 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-05-06 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-05-05 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-05-04 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-30 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-29 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-28 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-27 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-24 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-23 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-22 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-21 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-20 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-17 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-16 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-15 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
985.88M
OE per share TTM
5.53
Owner's Yield
1.95%
Maintenance CapEx ratio
4.03%
Maint CapEx / Avg PPE
29.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
390.1K
Shares Outstanding
177.28M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Benedetto Vigna Chief Executive Officer & Executive Director 8M male
John Jacob Philip Elkann Executive Chairman 2M male
Davide Abate Chief Industrial Officer male
Enrico Galliera Chief Marketing & Commercial Officer male
Flavio Manzoni Chief Design Officer male
Gianmaria Fulgenzi Chief Product Development Officer male
Marco Lovati Chief Internal Audit, Risk and Compliance Officer male
Maria Conti Chief Communication Officer female
Nicoletta Russo Head of Investor Relations female
Carlo Daneo General Counsel male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits