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Ferrari NV
MIL:RACE

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Ferrari NV
MIL:RACE
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Price: 299.5 EUR -2.08%
Market Cap: €58.1B

P/B

14.8
Current
32%
Cheaper
vs 3-y average of 21.8

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
14.8
=
Market Cap
€58.2B
/
Total Equity
€3.9B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
14.8
=
Market Cap
€58.2B
/
Total Equity
€3.9B

Valuation Scenarios

Ferrari NV is trading below its 3-year average

If P/B returns to its 3-Year Average (21.8), the stock would be worth €441.45 (47% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-89%
Maximum Upside
+47%
Average Downside
26%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 14.8 €299.5
0%
3-Year Average 21.8 €441.45
+47%
5-Year Average 18.8 €379.99
+27%
Industry Average 1.6 €31.66
-89%
Country Average 1.8 €37.28
-88%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
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Market Distribution

Higher than 95% of companies in Italy
Percentile
95th
Based on 911 companies
95th percentile
14.8
Low
0.3 — 1.3
Typical Range
1.3 — 2.7
High
2.7 —
Distribution Statistics
Italy
Min 0.3
30th Percentile 1.3
Median 1.8
70th Percentile 2.7
Max 362.8

Ferrari NV
Glance View

Ferrari NV, grounded in the legendary Italian town of Maranello, is synonymous with luxury and performance, crafting automobiles that are more than just vehicles; they are pieces of art. Founded by Enzo Ferrari in 1939, the company has strived to combine passion with engineering prowess, producing cars that ignite the senses. Ferrari operates within the ultra-luxury segment of the automotive industry, targeting high-net-worth individuals and avid car collectors. Their offerings are meticulously designed and engineered, producing an aura of exclusivity that fuels a desire only matched by the limited availability of each model. Each masterpiece is assembled with precision and care, underscoring the brand's commitment to excellence and cementing its status as the pinnacle of automotive achievement. Financially, Ferrari derives its revenue from the sales of these opulent vehicles, which are priced substantially higher than those of standard manufacturers. Beyond automotive sales, Ferrari has adeptly monetized its brand through sponsorships, particularly in motorsports, where it has a formidable presence in Formula 1. Additionally, the company has ventured into brand-related activities, including merchandise and licensing, further capitalizing on its storied emblem. Ferrari’s strategic approach to balancing ideal production volumes with exclusivity ensures robust profitability while maintaining tight control over costs, thereby positioning itself not just as an automaker but as a purveyor of an elite lifestyle experience. Balancing its rich tradition with modern innovation, Ferrari NV continues to accelerate beyond the conventional road of automotive business to resonate deeply with enthusiasts and investors alike.

RACE Intrinsic Value
97.16 EUR
Overvaluation 68%
Intrinsic Value
Price €299.5
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