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.
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.
Racing Force S.p.A. is a prominent name in the motorsport equipment industry, known for designing and producing high-quality safety gear and accessories for racing professionals. The company specializes in a comprehensive range of products, including helmets, racing suits, gloves, and HANS devices, which are crucial for driver safety in competitive racing environments. Racing Force’s offerings cater to various motorsport disciplines, such as Formula One, rally racing, karting, and other high-speed automotive sports. The company's commitment to excellence and safety innovation has positioned it as a trusted supplier to racers and teams worldwide, supporting not only individual athletes but also professional racing circuits and organizations. Furthermore, Racing Force's contributions extend beyond motorsports, influencing safety standards and technology advancements in the broader automotive industry. Given its role, Racing Force holds a specialized yet vital position in the financial market, specifically within sectors associated with sports apparel, automotive safety products, and advanced manufacturing techniques. Its products and innovations are essential to enhancing safety measures, thereby allowing it to play a critical part in ensuring the welfare and performance of motorsport participants.
10.53% operating margin is respectable but not wide. ROIC at 8.11%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue grew 11.4%, still solid.
Negative free cash flow of -€3M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
€73M
▲ +11.4% YoY
Net Income (TTM)
€5M
▼ -6.4% YoY
Op. Margin
10.53%
▲ +0.1pp YoY
ROIC
8.11%
▼ -0.8pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-€3M
▼ -99.9% YoY
Op. Cash Flow (TTM)
€2M
▼ -44.7% YoY
Net Debt
€17M
Cash & Equiv.
€6M
3Y CAGR: +7.5%
Continue Research