Valuation Ferrari N.V.

Equities

Market Closed - Nyse Other stock markets 04:00:02 2025-01-24 pm EST			5-day change	1st Jan Change
432.37 ^USD	+0.56%		-0.80%	+1.77%

Jan. 23	Mib rises above 36,100 points; UniCredit on top	AN
Jan. 23	Ferrari: first laps in red for Lewis Hamilton	CF

Data adjusted to current consolidation scope

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	27,332	34,665	41,839	36,472	55,240	73,596	73,596	-
Change	-	26.83%	20.7%	-12.83%	51.46%	33.23%	0%	-
Enterprise Value (EV) ¹	28,524	36,028	43,125	37,895	56,595	74,935	74,754	74,566
Change	-	26.31%	19.7%	-12.13%	49.35%	32.41%	-0.24%	-0.25%
P/E ratio	39.8x	57.2x	50.6x	39.4x	44.4x	50.1x	45.3x	39.9x
PBR	18.4x	19.4x	19x	14.1x	18.2x	20.8x	17.5x	14.6x
PEG	-	-4.9x	1.4x	3x	1.2x	2.6x	4.3x	2.9x
Capitalization / Revenue	7.26x	10x	9.8x	7.16x	9.25x	11.1x	10.3x	9.45x
EV / Revenue	7.57x	10.4x	10.1x	7.44x	9.48x	11.3x	10.4x	9.57x
EV / EBITDA	22.5x	31.5x	28.2x	21.4x	24.8x	29.5x	26.6x	23.9x
EV / EBIT	31.1x	50.3x	40.1x	30.9x	35x	40.2x	36.1x	32x
EV / FCF	42.3x	209x	79x	63.5x	66.7x	79.9x	60.6x	51.9x
FCF Yield	2.37%	0.48%	1.27%	1.58%	1.5%	1.25%	1.65%	1.93%
Dividend per Share ²	1.03	0.867	1.362	1.81	2.443	2.913	3.172	3.546
Rate of return	0.7%	0.46%	0.6%	0.9%	0.8%	0.71%	0.77%	0.86%
EPS ²	3.71	3.28	4.5	5.09	6.9	8.21	9.083	10.32
Distribution rate	27.8%	26.4%	30.3%	35.6%	35.4%	35.5%	34.9%	34.4%
Net sales ¹	3,766	3,460	4,271	5,095	5,970	6,616	7,156	7,791
EBITDA ¹	1,269	1,143	1,531	1,773	2,279	2,541	2,806	3,126
EBIT ¹	917	716	1,075	1,227	1,617	1,864	2,071	2,333
Net income ¹	699	608	833	939	1,257	1,478	1,610	1,808
Net Debt ¹	1,192	1,363	1,286	1,423	1,355	1,339	1,158	969.8
Reference price ²	147.51	187.63	227.58	200.45	306.18	411.23	411.23	411.23
Nbr of stocks (in thousands)	185,283	184,748	183,843	181,953	180,418	178,967	178,967	-
Announcement Date	2/4/20	2/2/21	2/2/22	2/2/23	2/1/24	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio	EV / Sales	EV / EBITDA	Yield	Capi. ($)
FERRARI N.V.	50.31x	11.38x	29.61x	+0.71%	76.95B
BYD COMPANY LIMITED	19.17x	0.87x	6.79x	+1.49%	107B
PORSCHE AG	13.8x	1.48x	6.26x	+3.45%	56.91B
MARUTI SUZUKI INDIA LTD	26x	2.04x	16.77x	+1.19%	43.81B
STELLANTIS N.V.	6.15x	0.13x	1.28x	+4.82%	36.15B
KIA CORPORATION	3.97x	0.19x	1.34x	+6.34%	27.88B
SAIC MOTOR CORPORATION LIMITED	17.43x	0.27x	6.23x	+1.78%	25.51B
CHONGQING CHANGAN AUTOMOBILE COMPANY LIMITED	19.71x	0.27x	4.15x	+1.60%	14.96B
GUANGZHOU AUTOMOBILE GROUP CO., LTD.	11.44x	0.48x	16.32x	+3.47%	9.68B
FORD OTOMOTIV SANAYI	8.86x	0.74x	10.09x	+6.71%	9.41B
Average	17.68x	1.79x	9.88x	+3.16%	40.81B
Weighted average by Cap.	22.32x	2.88x	11.40x	+2.40%