Overview Dividends

(RACE) Ferrari - Ratings and Ratios

Exchange: NYSE • Country: Italy • Currency: USD • Type: Common Stock • ISIN: NL0011585146

Sports Cars, Supercars, Spare Parts, Engines, Licensing

RACE EPS (Earnings per Share)

EPS Growth (3Y CAGR): 23.04%
EPS Trend (3Y Correlation): 84.6%

RACE Revenue

Revenue Growth (3Y CAGR): 9.74%
Revenue Trend (3Y Correlation): 96.4%

Risk via 10d forecast
Volatility	27.6%
Value at Risk 5%th	41.3%

Reward
Sharpe Ratio	-0.13
Alpha Jensen	-16.87

Character
Hurst Exponent
Beta	0.624

Drawdowns 3y
Max DD	26.84%
Mean DD	5.76%

Description: RACE Ferrari September 26, 2025

Ferrari N.V. (NYSE:RACE) designs, engineers, manufactures, and sells high-end performance automobiles-including sports, track, one-off, and super-cars-through a global dealer network, while also monetizing its brand via licensing, spare-parts sales, and after-sales services such as repair, maintenance, and restoration.

Beyond automobiles, the group operates branded experiences (Ferrari museums in Modena and Maranello, the Il Cavallino restaurant, and theme parks in Abu Dhabi and Spain) and offers financing, leasing, and ancillary financial services to customers, reinforcing revenue diversification.

Key recent metrics (FY 2024) show delivered units of 13,800 cars, a 12% YoY increase in revenue to €5.1 bn, and an operating margin of 24%, reflecting strong pricing power and limited competitive pressure in the ultra-luxury segment. The company’s exposure to macro-drivers such as high-net-worth consumer confidence, Chinese luxury demand, and the broader shift toward electrified powertrains (Ferrari announced a hybrid model rollout beginning 2025) are material to future performance.

Assuming continued growth in global wealth and stable supply-chain conditions, Ferrari’s earnings outlook remains favorable, but a slowdown in discretionary spending or stricter emissions regulations could materially compress margins; any significant deviation from the current 5-year CAGR of ~7% in deliveries would warrant a reassessment.

For a deeper quantitative assessment, you may want to explore the detailed financial models on ValueRay.

RACE Stock Overview

Market Cap in USD	73,383m
Sub-Industry	Automobile Manufacturers
IPO / Inception	2015-10-21
Return 12m vs S&P 500	-17.9%
Analyst Rating	3.92 of 5

RACE Dividends

Dividend Yield	1.55%
Yield on Cost 5y	3.31%
Yield CAGR 5y	20.65%
Payout Consistency	98.0%
Payout Ratio	73.3%

RACE Growth Ratios

CAGR	26.64%
CAGR/Max DD Calmar Ratio	0.99
CAGR/Mean DD Pain Ratio	4.62
Current Volume	868.9k
Average Volume	828.2k

Piotroski VR‑10 (Strict, 0-10) 8.5

Net Income (1.60b TTM) > 0 and > 6% of Revenue (6% = 424.8m TTM)

FCFTA 0.15 (>2.0%) and ΔFCFTA 3.76pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 39.61% (prev 27.49%; Δ 12.12pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.25 (>3.0%) and CFO 2.33b > Net Income 1.60b (YES >=105%, WARN >=100%)

Net Debt (115.8m) to EBITDA (2.63b) ratio: 0.04 <= 3.0 (WARN <= 3.5)

Current Ratio 2.45 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (178.3m) change vs 12m ago -0.83% (target <= -2.0% for YES)

Gross Margin 51.26% (prev 49.80%; Δ 1.47pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 76.66% (prev 71.91%; Δ 4.75pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 46.68 (EBITDA TTM 2.63b / Interest Expense TTM 44.5m) >= 6 (WARN >= 3)

Altman Z'' 5.41

(A) 0.30 = (Total Current Assets 4.73b - Total Current Liabilities 1.93b) / Total Assets 9.48b

(B) 0.39 = Retained Earnings (Balance) 3.67b / Total Assets 9.48b

(D) 0.66 = Book Value of Equity 3.77b / Total Liabilities 5.70b

Total Rating: 5.41 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 91.23

1. Piotroski 8.50pt = 3.50

2. FCF Yield 2.31% = 1.16

3. FCF Margin 20.76% = 5.19

4. Debt/Equity 0.39 = 2.42

5. Debt/Ebitda 0.04 = 2.50

6. ROIC - WACC (= 16.14)% = 12.50

7. RoE 44.44% = 2.50

8. Rev. Trend 96.40% = 7.23

9. EPS Trend 84.63% = 4.23

What is the price of RACE shares?

As of November 12, 2025, the stock is trading at USD 422.46 with a total of 868,861 shares traded.
Over the past week, the price has changed by +5.78%, over one month by +11.55%, over three months by -4.28% and over the past year by -5.22%.

Is Ferrari a good stock to buy?

Yes, based on ValueRay´s Fundamental Analyses, Ferrari (NYSE:RACE) is currently (November 2025) a good stock to buy. It has a ValueRay Fundamental Rating of 91.23 and therefor a positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of RACE is around 441.85 USD . This means that RACE is currently overvalued and has a potential downside of 4.59%.

Is RACE a buy, sell or hold?

Ferrari has received a consensus analysts rating of 3.92. Therefore, it is recommended to buy RACE.

Strong Buy: 5
Buy: 3
Hold: 4
Sell: 1
Strong Sell: 0

What are the forecasts/targets for the RACE price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	492.8	16.7%
Analysts Target Price	492.8	16.7%
ValueRay Target Price	491	16.2%

RACE Fundamental Data Overview November 11, 2025

Market Cap EUR = 63.48b (73.38b USD * 0.865 USD.EUR)
P/E Trailing = 40.0058
P/E Forward = 40.3226
P/S = 10.3648
P/B = 21.5773
P/EG = 3.6661
Beta = 0.624
Revenue TTM = 7.08b EUR
EBIT TTM = 2.08b EUR
EBITDA TTM = 2.63b EUR
Long Term Debt = 3.23b EUR (from longTermDebt, last fiscal year)
Short Term Debt = 39.4m EUR (from shortTermDebt, last quarter)
Debt = 1.48b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 115.8m EUR (from netDebt column, last quarter)
Enterprise Value = 63.58b EUR (63.48b + Debt 1.48b - CCE 1.38b)
Interest Coverage Ratio = 46.68 (Ebit TTM 2.08b / Interest Expense TTM 44.5m)
FCF Yield = 2.31% (FCF TTM 1.47b / Enterprise Value 63.58b)
FCF Margin = 20.76% (FCF TTM 1.47b / Revenue TTM 7.08b)
Net Margin = 22.63% (Net Income TTM 1.60b / Revenue TTM 7.08b)
Gross Margin = 51.26% ((Revenue TTM 7.08b - Cost of Revenue TTM 3.45b) / Revenue TTM)
Gross Margin QoQ = 50.05% (prev 52.64%)
Tobins Q-Ratio = 6.71 (Enterprise Value 63.58b / Total Assets 9.48b)
Interest Expense / Debt = 0.39% (Interest Expense 5.78m / Debt 1.48b)
Taxrate = 22.00% (107.7m / 489.4m)
NOPAT = 1.62b (EBIT 2.08b * (1 - 22.00%))
Current Ratio = 2.45 (Total Current Assets 4.73b / Total Current Liabilities 1.93b)
Debt / Equity = 0.39 (Debt 1.48b / totalStockholderEquity, last quarter 3.77b)
Debt / EBITDA = 0.04 (Net Debt 115.8m / EBITDA 2.63b)
Debt / FCF = 0.08 (Net Debt 115.8m / FCF TTM 1.47b)
Total Stockholder Equity = 3.60b (last 4 quarters mean from totalStockholderEquity)
RoA = 16.90% (Net Income 1.60b / Total Assets 9.48b)
RoE = 44.44% (Net Income TTM 1.60b / Total Stockholder Equity 3.60b)
RoCE = 30.39% (EBIT 2.08b / Capital Employed (Equity 3.60b + L.T.Debt 3.23b))
RoIC = 24.27% (NOPAT 1.62b / Invested Capital 6.67b)
WACC = 8.13% (E(63.48b)/V(64.96b) * Re(8.31%) + D(1.48b)/V(64.96b) * Rd(0.39%) * (1-Tc(0.22)))
Discount Rate = 8.31% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.70%
[DCF Debug] Terminal Value 80.58% ; FCFE base≈1.30b ; Y1≈1.61b ; Y5≈2.74b
Fair Price DCF = 249.6 (DCF Value 44.32b / Shares Outstanding 177.6m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 84.63 | EPS CAGR: 23.04% | SUE: 0.96 | # QB: 1
Revenue Correlation: 96.40 | Revenue CAGR: 9.74% | SUE: 0.29 | # QB: 0

Additional Sources for RACE Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle