Valuation Ferrari N.V.

Equities

Real-time Borsa Italiana Other stock markets 05:19:56 13/03/2026 pm IST			5-day change	1st Jan Change
290.90 ^EUR	-0.58%		-3.55%	-8.72%

02:40pm	DIARY - Italy to April 30	RE
12/03	Mercedes Longing for Former Dominance: Is Russell the Title Favorite?	DP

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	41,824	36,427	55,064	73,838	56,499	51,750	-	-
Change	-	-12.9%	51.16%	34.1%	-23.48%	-8.4%	-	-
Enterprise Value (EV) ¹	43,110	37,850	56,419	75,448	57,916	52,994	52,753	52,631
Change	-	-12.2%	49.06%	33.73%	-23.24%	-8.5%	-0.45%	-0.23%
P/E ratio	50.6x	39.3x	44.2x	48.7x	35.6x	30.5x	27.9x	26.1x
PBR	19x	-	18.1x	21x	-	11.5x	10.1x	8.73x
PEG	-	3x	1.2x	2.2x	6.02x	4.4x	2.93x	3.86x
Capitalization / Revenue	9.79x	7.15x	9.22x	11.1x	7.91x	6.86x	6.39x	6.02x
EV / Revenue	10.1x	7.43x	9.45x	11.3x	8.1x	7.02x	6.51x	6.13x
EV / EBITDA	28.2x	21.3x	24.8x	29.5x	20.9x	18x	16.5x	15.4x
EV / EBIT	40.1x	30.8x	34.9x	40x	27.4x	23.8x	21.7x	20.2x
EV / FCF	79x	63.4x	66.5x	80.4x	41.1x	35.5x	32.4x	28.7x
FCF Yield	1.27%	1.58%	1.5%	1.24%	2.43%	2.82%	3.09%	3.49%
Dividend per Share ²	1.362	-	2.443	2.986	-	3.646	4.047	4.402
Rate of return	0.6%	-	0.8%	0.72%	-	1.25%	1.38%	1.5%
EPS ²	4.5	5.09	6.9	8.46	8.96	9.582	10.49	11.2
Distribution rate	30.3%	-	35.4%	35.3%	-	38.1%	38.6%	39.3%
Net sales ¹	4,271	5,095	5,970	6,677	7,146	7,546	8,100	8,593
EBITDA ¹	1,531	1,773	2,279	2,555	2,772	2,951	3,200	3,419
EBIT ¹	1,075	1,227	1,617	1,888	2,110	2,231	2,426	2,603
Net income ¹	833	939	1,257	1,526	1,600	1,709	1,854	1,982
Net Debt ¹	1,286	1,423	1,355	1,610	1,417	1,244	1,003	880.5
Reference price ²	227.50	200.20	305.20	412.40	318.70	292.60	292.60	292.60
Nbr of stocks (in thousands)	1,83,843	1,81,953	1,80,418	1,79,044	1,77,279	1,76,863	-	-
Announcement Date	02/02/22	02/02/23	01/02/24	04/02/25	10/02/26	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
FERRARI N.V.	30.54x	7.02x	17.96x	1.25%	5.97TCr
MARUTI SUZUKI INDIA LTD	26.44x	1.84x	15.55x	1.17%	4.43TCr
KIA CORPORATION	8.54x	0.4x	3.82x	3.73%	4.3TCr
PORSCHE AG	21.73x	1.18x	6.86x	2.69%	3.98TCr
SAIC MOTOR CORPORATION LIMITED	15.09x	0.09x	2.38x	2.42%	2.4TCr
STELLANTIS N.V.	9.92x	0.07x	1.09x	2.61%	2TCr
CHERY AUTOMOBILE CO., LTD.	6.77x	0.36x	4.34x	-	1.95TCr
CHONGQING CHANGAN AUTOMOBILE COMPANY LIMITED	21.46x	0.21x	3.61x	1.75%	1.39TCr
GUANGZHOU AUTOMOBILE GROUP CO., LTD.	-11.07x	0.78x	-27.84x	0.48%	1.1TCr
FORD OTOMOTIV SANAYI	8.51x	0.49x	7.38x	9.1%	890.9Cr
Average	13.79x	1.24x	3.52x	2.8%	2.84TCr
Weighted average by Cap.	18.20x	2.08x	7.64x	2.32%