Ferrari Statistics

Share Statistics

Ferrari has 178.22M shares outstanding. The number of shares has increased by -0.86% in one year.

Shares Outstanding	178.22M
Shares Change (YoY)	-0.86%
Shares Change (QoQ)	-0.47%
Owned by Institutions (%)	35.25%
Shares Floating	125.73M
Failed to Deliver (FTD) Shares	2,712
FTD / Avg. Volume	0.68%

Short Selling Information

The latest short interest is 2.59M, so 1.46% of the outstanding shares have been sold short.

Short Interest	2.59M
Short % of Shares Out	1.46%
Short % of Float	19.07%
Short Ratio (days to cover)	8.72

Valuation Ratios

The PE ratio is 48.71 and the forward PE ratio is 39.64. Ferrari's PEG ratio is 2.16.

PE Ratio	48.71
Forward PE	39.64
PS Ratio	11.1
Forward PS	9.3
PB Ratio	20.98
P/FCF Ratio	79.07
PEG Ratio	2.16

Financial Ratio History

Enterprise Valuation

Ferrari has an Enterprise Value (EV) of 75.74B.

EV / Sales	11.34
EV / EBITDA	29.19
EV / EBIT	39.31
EV / FCF	80.78

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	40.33

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	$1.22M
Profits Per Employee	$278.48K
Employee Count	5,465
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 3.29% in the last 52 weeks. The beta is 0.7, so Ferrari's price volatility has been higher than the market average.

Beta	0.7
52-Week Price Change	3.29%
50-Day Moving Average	478.6
200-Day Moving Average	460.38
Relative Strength Index (RSI)	51.32
Average Volume (20 Days)	399,038

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	2.59B
EBIT	1.93B
Earnings Per Share (EPS)	8.47

Full Income Statement

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	-4.58B
Total Assets	9.65B
Working Capital	2.61B

Full Balance Sheet

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

Full Cash Flow Statement

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	38.86%
EBIT Margin	28.34%
FCF Margin	14.04%

Dividends & Yields

RACE pays an annual dividend of $6.04, which amounts to a dividend yield of 0.78%.

Dividend Per Share	$6.04
Dividend Yield	0.78%
Dividend Growth (YoY)	32.03%
Payout Ratio	57.71%
Earnings Yield	2.05%
FCF Yield	1.26%

Dividend Details

Analyst Forecast

The average price target for RACE is $565, which is 18% higher than the current price. The consensus rating is "Buy".

Price Target	$565
Price Target Difference	18%
Analyst Consensus	Buy
Analyst Count	5

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	$176.35
Lynch Upside	-63.18%
Graham Number	61.2
Graham Upside	-87.22%

Scores

Altman Z-Score	10.31
Piotroski F-Score	8

Ferrari N.V. (RACE)