Ferrari N.V. (RACE)
Ferrari Statistics
Share Statistics
Ferrari has 179.04M shares outstanding. The number of shares has increased by -0.6% in one year.
| Shares Outstanding | 179.04M |
| Shares Change (YoY) | -0.6% |
| Shares Change (QoQ) | -0.2% |
| Owned by Institutions (%) | 34.02% |
| Shares Floating | 126.66M |
| Failed to Deliver (FTD) Shares | 6 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 2.05M, so 1.15% of the outstanding shares have been sold short.
| Short Interest | 2.05M |
| Short % of Shares Out | 1.15% |
| Short % of Float | 15.07% |
| Short Ratio (days to cover) | 3.33 |
Valuation Ratios
The PE ratio is 48.46 and the forward PE ratio is 39.64. Ferrari's PEG ratio is 2.15.
| PE Ratio | 48.46 |
| Forward PE | 39.64 |
| PS Ratio | 11.04 |
| Forward PS | 8.5 |
| PB Ratio | 20.87 |
| P/FCF Ratio | 78.66 |
| PEG Ratio | 2.15 |
Enterprise Valuation
Ferrari has an Enterprise Value (EV) of 75.35B.
| EV / Sales | 11.29 |
| EV / EBITDA | 29.03 |
| EV / EBIT | 39.11 |
| EV / FCF | 80.38 |
Financial Position
The company has a current ratio of 3.37, with a Debt / Equity ratio of 0.95.
| Current Ratio | 3.37 |
| Quick Ratio | 2.64 |
| Debt / Equity | 0.95 |
| Debt / EBITDA | 1.29 |
| Debt / FCF | 3.58 |
| Interest Coverage | 47.13 |
Financial Efficiency
Return on Equity is 43.06% and Return on Invested Capital is 19.05%.
| Return on Equity | 43.06% |
| Return on Assets | 16.02% |
| Return on Invested Capital | 19.05% |
| Revenue Per Employee | $1.23M |
| Profits Per Employee | $280.01K |
| Employee Count | 5,435 |
| Asset Turnover | 0.7 |
| Inventory Turnover | 3.06 |
Taxes
| Income Tax | 363.04M |
| Effective Tax Rate | 19.22% |
Stock Price Statistics
The stock price has increased by 7.66% in the last 52 weeks. The beta is 0.67, so Ferrari's price volatility has been higher than the market average.
| Beta | 0.67 |
| 52-Week Price Change | 7.66% |
| 50-Day Moving Average | 451.58 |
| 200-Day Moving Average | 448.39 |
| Relative Strength Index (RSI) | 53.06 |
| Average Volume (20 Days) | 522.7K |
Income Statement
In the last 12 months, Ferrari had revenue of 6.68B and earned 1.52B in profits. Earnings per share was 8.47.
| Revenue | 6.68B |
| Gross Profit | 3.35B |
| Operating Income | 1.89B |
| Net Income | 1.52B |
| EBITDA | 2.6B |
| EBIT | 1.93B |
| Earnings Per Share (EPS) | 8.47 |
Balance Sheet
The company has 1.74B in cash and 3.35B in debt, giving a net cash position of -1.61B.
| Cash & Cash Equivalents | 1.74B |
| Total Debt | 3.35B |
| Net Cash | -1.61B |
| Retained Earnings | 3.52B |
| Total Assets | 9.5B |
| Working Capital | 3.53B |
Cash Flow
In the last 12 months, operating cash flow was 1.93B and capital expenditures -989.15M, giving a free cash flow of 937.5M.
| Operating Cash Flow | 1.93B |
| Capital Expenditures | -989.15M |
| Free Cash Flow | 937.5M |
| FCF Per Share | 5.22 |
Margins
Gross margin is 50.13%, with operating and profit margins of 28.27% and 22.79%.
| Gross Margin | 50.13% |
| Operating Margin | 28.27% |
| Pretax Margin | 28.29% |
| Profit Margin | 22.79% |
| EBITDA Margin | 38.88% |
| EBIT Margin | 28.27% |
| FCF Margin | 14.04% |
Dividends & Yields
RACE pays an annual dividend of $6, which amounts to a dividend yield of 0.77%.
| Dividend Per Share | $6.00 |
| Dividend Yield | 0.77% |
| Dividend Growth (YoY) | 30.46% |
| Payout Ratio | 62.78% |
| Earnings Yield | 2.06% |
| FCF Yield | 1.27% |
Analyst Forecast
The average price target for RACE is $520, which is 18.2% higher than the current price. The consensus rating is "Buy".
| Price Target | $520 |
| Price Target Difference | 18.2% |
| Analyst Consensus | Buy |
| Analyst Count | 6 |
Scores
| Altman Z-Score | 10.09 |
| Piotroski F-Score | 6 |