Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Ferrari N.V. is a holding company that designs, engineers, produces, and sells luxury performance sports cars under the renowned Ferrari brand to customers worldwide. Its portfolio encompasses a diverse range of models, including sports cars, GT vehicles, special series, one-off and track cars, limited edition hypercars, and Icona series. Beyond vehicle manufacturing, Ferrari N.V. produces racing cars, spare parts, and engines, while offering comprehensive services such as restoration, maintenance, after-sales support, and repairs. Financing options are provided through Ferrari Financial Services. The company maintains a global network of authorized dealers across more than 60 markets, spanning the Americas, Europe, the Middle East, India, Africa, and the Asia Pacific. Additionally, Ferrari N.V. licenses its prestigious brand to producers of luxury and lifestyle goods and operates its own retail stores for apparel and accessories. Founded in 1947 and headquartered in Maranello, Italy, Ferrari N.V. holds a prominent position in the luxury automotive sector, blending high-performance engineering with motorsport heritage.
€352.20
+€3.45 (+0.99%)
Live · 11:15 PM · Twelve Data
Margins and capital returns are both well above average: 29.35% operating margin, ROIC at 21.75%. Consistent with durable pricing power, though that alone doesn't make it a buy.
Revenue declined 9.4% YoY. The question is whether this is cyclical or a structural shift.
At 35x earnings, the current multiple leaves limited room for execution misses or growth deceleration. ROIC dropped from 26.20% to 21.75%, capital efficiency is deteriorating.
34.5x earnings, 39.5x FCF. Not cheap, the quality is already reflected in the price. Upside from here requires either margin expansion or growth re-acceleration, not just continuation.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
€7.20B
▼ -9.4% YoY
Net Income (TTM)
€1.60B
▼ -11.3% YoY
Op. Margin
29.29%
▲ +1.2pp YoY
ROIC
21.75%
▼ -4.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€1.39B
▲ +27.0% YoY
Op. Cash Flow (TTM)
€2.77B
▲ +2.9% YoY
Net Debt
€1.41B
Cash & Equiv.
€1.47B
3Y CAGR: +11.9%
3Y CAGR: +32.9%
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At a P/E of 34.5 and a price-to-free-cash-flow of 39.5, Ferrari (RACE) trades around a two-stage DCF intrinsic value of about €388.73 per share, so at €352.20 the stock looks around fair value (10.4% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Ferrari scores 71/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 1.0%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about €388.73 per share for RACE, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around €291.55. At today's €352.20, that puts the stock about 10.4% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Ferrari scores 71 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a solid business on these measures. Recent fundamentals include a 29.3% operating margin and a 21.8% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, Ferrari pays a regular dividend of about €2.99 per share per year (typically in quarterly installments), a yield of roughly 1.0% at the current price. That is a payout ratio of about 33.1% of earnings, so the dividend is amply covered by earnings. Ferrari has grown the dividend at roughly 34.9% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For RACE's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. RACE currently trades around its estimated intrinsic value and scores 71/100 on quality (solid). It also yields about 1.0%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.