RACE has a higher market value than 95.65% of US stocks; more precisely, its current market capitalization is $43,259,176,154.
RACE's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 1,643.68 -- higher than 97.53% of US-listed equities with positive expected earnings growth.
The volatility of Ferrari NV's share price is greater than that of only 1.43% US stocks with at least 200 days of trading history.
Stocks that are quantitatively similar to RACE, based on their financial statements, market capitalization, and price volatility, are BIIB, ERIC, ADI, AMAT, and LRCX.
Ferrari SpA designs and manufactures sports cars. The Company offers new and pre-owned vehicles, repair services, warranty programs, financial services, and a variety of apparels. Ferrari participates in formula racing events and serves customers worldwide.
RACE Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Ferrari NV with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Ferrari NV ranked in the 32th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. The most interesting components of our discounted cash flow analysis for Ferrari NV ended up being:
The stock's equity weight, or the proportion of capital from equity relative to debt, is 95. Its equity weight surpasses that of 92.99% of free cash flow generating stocks in the Consumer Cyclical sector.
The business' balance sheet reveals debt to be 5% of the company's capital (with equity being the remaining amount). Approximately just 13.99% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
RACE's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 49.29% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Consumer Cyclical that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as RACE, try INTG, OI, STAY, DAN, and DECK.
LONDON: Mercedes boss Toto Wolff will wait until the new season starts before discussing the renewal of a contract for six-time world champion Lewis Hamilton. But Wolff said talks with Hamilton would not preclude a move for Sebastian Vettel, who is set to leave Ferrari at the end of the campaign …
$RACE The Ferrari F50 was created to celebrate the iconic Italian automaker’s 50th anni. The goal was to create an F1 inspired road car for the people. Ferrari (NYSE:RACE) wanted to give a small number of its clienti a slice of the experience that Jean Alesi and Gerhard Berger were experiencing on the track. YouTuber TheTFJJ has captured […]
As Ben Stokes has shown, recognising perfection is impossible and not worrying about failure can be key to great success In Ford v Ferrari – the Oscar-nominated film that tells the story of Le Mans 1966 – there’s a memorable scene where driver Ken Miles looks out over a racing circuit at dusk. “Out there is the perfect lap,” Miles tells his young son. “No mistakes, every gear change, every corner, perfect. Can you see it?” “I think so,” his son replies. “Most people can’t,” says Miles. During this sporting hiatus I’ve been pondering perfection, and the discipline it takes to achieve it, born of the sense that everyone around the world is using their Covid-enforced break more productively than me. I picture writers hunched over laptops, artists at easels, chefs in kitchens, all finalisin...