ferrari nv - RACE

RACE

Close Chg Chg %
427.16 2.94 0.69%

Pre-Market

430.10

+2.94 (0.69%)

Volume: 217.46K

Last Updated:

Nov 21, 2024, 3:59 PM EDT

Company Overview: ferrari nv - RACE

RACE Key Data

Open

$427.36

Day Range

425.21 - 431.31

52 Week Range

330.16 - 498.23

Market Cap

$76.63B

Shares Outstanding

179.40M

Public Float

120.75M

Beta

0.99

Rev. Per Employee

N/A

P/E Ratio

49.58

EPS

$8.62

Yield

61.51%

Dividend

$2.61

EX-DIVIDEND DATE

Apr 22, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

352.25K

 

RACE Performance

1 Week
 
-0.89%
 
1 Month
 
-11.88%
 
3 Months
 
-11.73%
 
1 Year
 
16.25%
 
5 Years
 
158.49%
 

RACE Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 23
Full Ratings ➔

About ferrari nv - RACE

Ferrari NV is a holding company, which engages in the design, engineering, production, and sale of luxury sports cars. The firm's models include the F12Berlinetta, 488GTB, 488 Spider, 458 Speciale, California T, the LaFerrari Hybrid, LaFerrari, and the FF four-wheel drive. It participates in car racing such as Formula One. The company was founded by Enzo Anselmo Ferrari in 1939 and is headquartered in Maranello, Italy.

RACE At a Glance

Ferrari NV
Via Abetone Inferiore n. 4
Maranello, Modena 41053
Phone 39-0536-949111 Revenue 6.45B
Industry Motor Vehicles Net Income 1.35B
Sector Consumer Durables 2023 Sales Growth 20.531%
Fiscal Year-end 12 / 2024 Employees 4,988
View SEC Filings

RACE Valuation

P/E Current 49.584
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 45.136
Price to Sales Ratio 9.481
Price to Book Ratio 17.989
Price to Cash Flow Ratio 32.973
Enterprise Value to EBITDA 25.272
Enterprise Value to Sales 9.704
Total Debt to Enterprise Value 0.044

RACE Efficiency

Revenue/Employee 1,293,989.173
Income Per Employee 271,373.021
Receivables Turnover 11.099
Total Asset Turnover 0.751

RACE Liquidity

Current Ratio 1.429
Quick Ratio 0.947
Cash Ratio 0.601

RACE Profitability

Gross Margin 49.819
Operating Margin 27.305
Pretax Margin 26.737
Net Margin 20.972
Return on Assets 15.756
Return on Equity 44.031
Return on Total Capital 22.126
Return on Invested Capital 27.013

RACE Capital Structure

Total Debt to Total Equity 80.93
Total Debt to Total Capital 44.73
Total Debt to Total Assets 30.767
Long-Term Debt to Equity 56.726
Long-Term Debt to Total Capital 31.352
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Ferrari Nv - RACE

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
3.94B 5.05B 5.35B 6.45B
Sales Growth
-6.44% +27.99% +6.08% +20.53%
Cost of Goods Sold (COGS) incl D&A
1.92B 2.46B 2.78B 3.24B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
486.36M 538.97M 574.07M 716.03M
Depreciation
248.46M 271.97M 273.09M 313.74M
Amortization of Intangibles
237.90M 267.00M 300.97M 402.28M
COGS Growth
-4.86% +27.93% +13.20% +16.34%
Gross Income
2.02B 2.59B 2.57B 3.22B
Gross Income Growth
-7.90% +28.05% -0.69% +25.07%
Gross Profit Margin
+51.26% +51.28% +48.01% +49.82%
2020 2021 2022 2023 5-year trend
SG&A Expense
1.19B 1.32B 1.26B 1.45B
Research & Development
806.40M 907.88M 815.11M 953.07M
Other SG&A
383.18M 411.36M 449.79M 500.10M
SGA Growth
+1.96% +10.90% -4.12% +14.88%
Other Operating Expense
- - - -
-
Unusual Expense
- - - -
-
EBIT after Unusual Expense
832.13M 1.27B 1.31B 1.76B
Non Operating Income/Expense
(19.78M) (497.62K) (17.83M) 2.38M
Non-Operating Interest Income
1.28M 6.08M 4.81M 27.91M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
57.25M 45.38M 56.96M 39.05M
Interest Expense Growth
+6.81% -20.72% +25.50% -31.45%
Gross Interest Expense
60.20M 47.60M 58.97M 39.05M
Interest Capitalized
- 2.95M 2.22M 2.01M
Pretax Income
755.11M 1.22B 1.23B 1.73B
Pretax Income Growth
-22.62% +62.06% +0.62% +40.15%
Pretax Margin
+19.15% +24.24% +22.99% +26.74%
Income Tax
66.30M 247.15M 250.63M 372.87M
Income Tax - Current - Domestic
137.51M 261.33M 282.34M 377.78M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
(71.22M) (14.18M) (31.72M) (4.91M)
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
694.11M 984.75M 987.17M 1.36B
Minority Interest Expense
1.21M 2.80M 7.02M 5.85M
Net Income
692.90M 981.95M 980.15M 1.35B
Net Income Growth
-11.03% +41.72% -0.18% +38.10%
Net Margin Growth
+17.57% +19.45% +18.30% +20.97%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
692.90M 981.95M 980.15M 1.35B
Preferred Dividends
- - - -
-
Net Income Available to Common
692.90M 981.95M 980.15M 1.35B
EPS (Basic)
3.7493 5.3238 5.3608 7.4694
EPS (Basic) Growth
-10.09% +41.99% +0.69% +39.33%
Basic Shares Outstanding
184.81M 184.45M 182.84M 181.22M
EPS (Diluted)
3.7377 5.3158 5.3539 7.4574
EPS (Diluted) Growth
-10.00% +42.22% +0.72% +39.29%
Diluted Shares Outstanding
185.38M 184.72M 183.07M 181.51M
EBITDA
1.32B 1.81B 1.88B 2.48B
EBITDA Growth
-7.31% +37.17% +3.96% +31.82%
EBITDA Margin
+33.43% +35.83% +35.11% +38.40%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 486.064
Number of Ratings 23 Current Quarters Estimate 2.015
FY Report Date 12 / 2024 Current Year's Estimate 8.76
Last Quarter’s Earnings 2.268 Median PE on CY Estimate N/A
Year Ago Earnings 7.472 Next Fiscal Year Estimate 9.648
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 11 3 20 19
Mean Estimate 2.01 2.30 8.76 9.65
High Estimates 2.13 2.35 9.03 10.59
Low Estimate 1.76 2.27 7.94 8.87
Coefficient of Variance 6.22 2.01 3.15 4.70

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 9 9 8
OVERWEIGHT 3 3 2
HOLD 10 10 10
UNDERWEIGHT 1 1 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Ferrari Nv in the News