Ferrari NV
Buy, Hold or Sell?
Let's analyze Ferrari together
I guess you are interested in Ferrari NV. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.
I'm going to help you getting a better view of Ferrari NV. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.
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1. Quick Overview
1.1. Quick analysis of Ferrari (30 sec.)
1.2. What can you expect buying and holding a share of Ferrari? (30 sec.)
How much money do you get?
What is your share worth?
+ What do you gain per year?
2. Detailed Analysis
2.1. Valuation of Ferrari (5 min.)
2.2. Growth of Ferrari (5 min.)
2.3. Financial Health of Ferrari (5 min.)
2.4. Comparing to competitors in the Auto Manufacturers industry (5 min.)
Industry Rankings (Auto Manufacturers)
3. Summary and Key Metrics
3.1. What can you expect buying and holding a share of Ferrari?
Welcome investor! Ferrari's management wants to use your money to grow the business. In return you get a share of Ferrari.
First you should know what it really means to hold a share of Ferrari. And how you can make/lose money.
Speculation
The Price per Share of Ferrari is €443.20. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.
If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:
- The fundamentals: the financial health trends of Ferrari.
- The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
- The book value: what is the market price compared to it's book value.
Investing
If you really want to invest in Ferrari, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:
- You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €18.60. Based on the TTM, the Book Value Change Per Share is €0.73 per quarter. Based on the YOY, the Book Value Change Per Share is €0.63 per quarter.
- You may receive quarterly/yearly dividend in the form of additional shares.
- You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.61 per quarter.
How much money are you going to get?
MRQ | TTM | YOY | 5Y | 10Y | ||||||
---|---|---|---|---|---|---|---|---|---|---|
€ | % of Price per Share | € | % of Price per Share | € | % of Price per Share | € | % of Price per Share | € | % of Price per Share | |
Usd Eps | 2.17 | 0.5% | 2.07 | 0.5% | 1.69 | 0.4% | 1.40 | 0.3% | 1.06 | 0.2% |
Usd Book Value Change Per Share | 1.41 | 0.3% | 0.76 | 0.2% | 0.65 | 0.1% | 0.58 | 0.1% | 0.48 | 0.1% |
Usd Dividend Per Share | 0.14 | 0.0% | 0.63 | 0.1% | 0.47 | 0.1% | 0.61 | 0.1% | 0.48 | 0.1% |
Usd Total Gains Per Share | 1.55 | 0.4% | 1.39 | 0.3% | 1.12 | 0.3% | 1.19 | 0.3% | 0.96 | 0.2% |
Usd Price Per Share | 436.93 | - | 393.50 | - | 268.14 | - | 242.46 | - | 156.84 | - |
Price to Earnings Ratio | 50.44 | - | 47.84 | - | 39.88 | - | 78.68 | - | 50.89 | - |
Price-to-Total Gains Ratio | 280.98 | - | 283.67 | - | 98.94 | - | 341.24 | - | 252.68 | - |
Price to Book Ratio | 22.57 | - | 21.25 | - | 1,987.05 | - | 412.10 | - | 203.38 | - |
Price-to-Total Gains Ratio | 280.98 | - | 283.67 | - | 98.94 | - | 341.24 | - | 252.68 | - |
When do you get the money?
Usd Investment | |
---|---|
Usd Price Per Share | 461.28256 |
Number of shares | 2 |
Gains per Quarter | Trailing 12 Months | 5 Year |
---|---|---|
Usd Dividend Per Share | 0.63 | 0.61 |
Usd Book Value Change Per Share | 0.76 | 0.58 |
Usd Total Gains Per Share | 1.39 | 1.19 |
Gains per Quarter (2 shares) | 2.79 | 2.38 |
Gains per Year (2 shares) | 11.15 | 9.53 |
Years | Return on Investment (TTM) | Return on Investment (5Y) | ||||
---|---|---|---|---|---|---|
Dividend | Book Value gain | Total gains | Dividend | Book Value gain | Total gains | |
Broker costs | - | - | -10 | - | - | -10 |
1 | 5 | 6 | 1 | 5 | 5 | 0 |
2 | 10 | 12 | 12 | 10 | 9 | 10 |
3 | 15 | 18 | 23 | 15 | 14 | 20 |
4 | 20 | 24 | 34 | 20 | 19 | 30 |
5 | 25 | 30 | 45 | 24 | 23 | 40 |
6 | 30 | 36 | 56 | 29 | 28 | 50 |
7 | 36 | 42 | 67 | 34 | 33 | 60 |
8 | 41 | 49 | 78 | 39 | 37 | 70 |
9 | 46 | 55 | 89 | 44 | 42 | 80 |
10 | 51 | 61 | 100 | 49 | 46 | 90 |
How sure are you?
Based on the past periods, how sure are you to get value out of your investment.
Linear %
Trailing 12 Months | 3Y | 5 Year | 10 Year | ALLTIME | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
% | % | % | % | % | ||||||||||||||||
Earnings Per Share | 4.0 | 0.0 | 0.0 | 100.0% | 12.0 | 0.0 | 0.0 | 100.0% | 20.0 | 0.0 | 0.0 | 100.0% | 40.0 | 0.0 | 0.0 | 100.0% | 43.0 | 0.0 | 0.0 | 100.0% |
Book Value Change Per Share | 3.0 | 1.0 | 0.0 | 75.0% | 9.0 | 3.0 | 0.0 | 75.0% | 15.0 | 5.0 | 0.0 | 75.0% | 32.0 | 8.0 | 0.0 | 80.0% | 32.0 | 8.0 | 3.0 | 74.4% |
Dividend per Share | 3.0 | 0.0 | 1.0 | 75.0% | 10.0 | 0.0 | 2.0 | 83.3% | 18.0 | 0.0 | 2.0 | 90.0% | 30.0 | 0.0 | 10.0 | 75.0% | 30.0 | 0.0 | 13.0 | 69.8% |
Total Gains per Share | 4.0 | 0.0 | 0.0 | 100.0% | 11.0 | 1.0 | 0.0 | 91.7% | 19.0 | 1.0 | 0.0 | 95.0% | 37.0 | 3.0 | 0.0 | 92.5% | 37.0 | 3.0 | 3.0 | 86.0% |
3.2. Key Performance Indicators
The key performance indicators of Ferrari NV compared to the Most Recent Quarter (MRQ).
End of day | +/- | Most Recent Quarter | Trailing 12 Months | +/- | Year-Over-Year | +/- | 5 Year | +/- | 10 Year | +/- | |
---|---|---|---|---|---|---|---|---|---|---|---|
Book Value Change Per Share | - | - | 1.357 | 0.729 | +86% | 0.627 | +117% | 0.558 | +143% | 0.465 | +192% |
Book Value Per Share | - | - | 18.598 | 17.746 | +5% | 11.356 | +64% | 12.004 | +55% | 8.928 | +108% |
Current Ratio | - | - | 1.625 | 2.317 | -30% | 3.693 | -56% | 3.396 | -52% | 3.121 | -48% |
Debt To Asset Ratio | - | - | 0.628 | 0.629 | 0% | 0.738 | -15% | 0.697 | -10% | 0.732 | -14% |
Debt To Equity Ratio | - | - | 1.692 | 1.706 | -1% | 15.405 | -89% | 4.889 | -65% | 6.493 | -74% |
Dividend Per Share | - | - | 0.137 | 0.610 | -78% | 0.452 | -70% | 0.587 | -77% | 0.461 | -70% |
Enterprise Value | - | - | 71433588000.000 | 64113191600.000 | +11% | 42925892929.275 | +66% | 38935906048.355 | +83% | 27530965718.397 | +159% |
Eps | - | - | 2.081 | 1.984 | +5% | 1.621 | +28% | 1.349 | +54% | 1.019 | +104% |
Ev To Ebitda Ratio | - | - | 27.572 | 25.420 | +8% | 18.831 | +46% | 21.824 | +26% | 17.660 | +56% |
Ev To Sales Ratio | - | - | 10.860 | 9.906 | +10% | 7.355 | +48% | 7.799 | +39% | 6.029 | +80% |
Free Cash Flow Per Share | - | - | 2.704 | 1.464 | +85% | 1.042 | +159% | 0.842 | +221% | 0.695 | +289% |
Free Cash Flow To Equity Per Share | - | - | 1.796 | 0.893 | +101% | 0.090 | +1906% | 0.324 | +455% | 0.245 | +634% |
Gross Profit Margin | - | - | 0.818 | 0.815 | +0% | 0.791 | +3% | 0.654 | +25% | 0.827 | -1% |
Intrinsic Value_10Y_max | - | - | 124.588 | - | - | - | - | - | - | - | - |
Intrinsic Value_10Y_min | - | - | 62.160 | - | - | - | - | - | - | - | - |
Intrinsic Value_1Y_max | - | - | 5.607 | - | - | - | - | - | - | - | - |
Intrinsic Value_1Y_min | - | - | 3.389 | - | - | - | - | - | - | - | - |
Intrinsic Value_3Y_max | - | - | 22.088 | - | - | - | - | - | - | - | - |
Intrinsic Value_3Y_min | - | - | 12.703 | - | - | - | - | - | - | - | - |
Intrinsic Value_5Y_max | - | - | 44.889 | - | - | - | - | - | - | - | - |
Intrinsic Value_5Y_min | - | - | 24.707 | - | - | - | - | - | - | - | - |
Market Cap | 79280949145.600 | +5% | 75496832000.000 | 68177427350.000 | +11% | 46836731929.275 | +61% | 42540845898.355 | +77% | 27792568671.558 | +172% |
Net Profit Margin | - | - | 0.228 | 0.221 | +3% | 0.202 | +13% | 0.193 | +18% | 0.175 | +30% |
Operating Margin | - | - | 0.290 | 0.284 | +2% | 0.278 | +4% | 0.254 | +14% | 0.230 | +26% |
Operating Ratio | - | - | 0.714 | 0.722 | -1% | 0.700 | +2% | 0.745 | -4% | 0.767 | -7% |
Pb Ratio | 23.831 | +5% | 22.572 | 21.254 | +6% | 1987.048 | -99% | 412.101 | -95% | 203.378 | -89% |
Pe Ratio | 53.254 | +5% | 50.442 | 47.839 | +5% | 39.883 | +26% | 78.684 | -36% | 50.894 | -1% |
Price Per Share | 443.200 | +5% | 419.800 | 378.075 | +11% | 257.625 | +63% | 232.958 | +80% | 150.689 | +179% |
Price To Free Cash Flow Ratio | 40.972 | +5% | 38.809 | 131.436 | -70% | 76.616 | -49% | 34.088 | +14% | 42.418 | -9% |
Price To Total Gains Ratio | 296.647 | +5% | 280.984 | 283.671 | -1% | 98.944 | +184% | 341.237 | -18% | 252.676 | +11% |
Quick Ratio | - | - | 1.222 | 1.432 | -15% | 2.467 | -50% | 2.390 | -49% | 2.068 | -41% |
Return On Assets | - | - | 0.042 | 0.041 | +1% | 0.043 | -2% | 0.035 | +20% | 0.032 | +31% |
Return On Equity | - | - | 0.112 | 0.112 | +0% | 0.970 | -88% | 0.277 | -59% | 0.257 | -56% |
Total Gains Per Share | - | - | 1.494 | 1.339 | +12% | 1.078 | +39% | 1.145 | +31% | 0.926 | +61% |
Usd Book Value | - | - | 3481126291.200 | 3331232356.800 | +4% | 2149327978.400 | +62% | 2283946299.360 | +52% | 1717206292.600 | +103% |
Usd Book Value Change Per Share | - | - | 1.413 | 0.759 | +86% | 0.652 | +117% | 0.580 | +143% | 0.484 | +192% |
Usd Book Value Per Share | - | - | 19.357 | 18.471 | +5% | 11.819 | +64% | 12.494 | +55% | 9.292 | +108% |
Usd Dividend Per Share | - | - | 0.142 | 0.634 | -78% | 0.470 | -70% | 0.611 | -77% | 0.480 | -70% |
Usd Enterprise Value | - | - | 74348078390.400 | 66729009817.280 | +11% | 44677269360.789 | +66% | 40524491015.128 | +83% | 28654229119.708 | +159% |
Usd Eps | - | - | 2.165 | 2.065 | +5% | 1.687 | +28% | 1.404 | +54% | 1.060 | +104% |
Usd Free Cash Flow | - | - | 506181631.200 | 274667900.600 | +84% | 197174095.800 | +157% | 159743389.080 | +217% | 134139084.600 | +277% |
Usd Free Cash Flow Per Share | - | - | 2.815 | 1.524 | +85% | 1.085 | +159% | 0.876 | +221% | 0.724 | +289% |
Usd Free Cash Flow To Equity Per Share | - | - | 1.870 | 0.929 | +101% | 0.093 | +1906% | 0.337 | +455% | 0.255 | +634% |
Usd Market Cap | 82515611870.741 | +5% | 78577102745.600 | 70959066385.880 | +11% | 48747670591.989 | +61% | 44276512411.008 | +77% | 28926505473.357 | +172% |
Usd Price Per Share | 461.283 | +5% | 436.928 | 393.500 | +11% | 268.136 | +63% | 242.462 | +80% | 156.837 | +179% |
Usd Profit | - | - | 389439258.400 | 372389653.400 | +5% | 306620720.800 | +27% | 256478047.160 | +52% | 196251894.960 | +98% |
Usd Revenue | - | - | 1711532111.200 | 1681965845.400 | +2% | 1512988322.600 | +13% | 1283538082.080 | +33% | 1068156361.180 | +60% |
Usd Total Gains Per Share | - | - | 1.555 | 1.393 | +12% | 1.122 | +39% | 1.191 | +31% | 0.964 | +61% |
EOD | +4 -4 | MRQ | TTM | +32 -8 | YOY | +31 -9 | 5Y | +32 -8 | 10Y | +33 -7 |
3.3 Fundamental Score
Penke's Stock Scanner
Indicator | Condition | Value | ||
---|---|---|---|---|
Price to Earnings Ratio (EOD) | Between | 0-15 | 53.254 | |
Price to Book Ratio (EOD) | Between | 0-1 | 23.831 | |
Net Profit Margin (MRQ) | Greater than | 0 | 0.228 | |
Operating Margin (MRQ) | Greater than | 0 | 0.290 | |
Quick Ratio (MRQ) | Greater than | 1 | 1.222 | |
Current Ratio (MRQ) | Greater than | 1 | 1.625 | |
Debt to Asset Ratio (MRQ) | Less than | 1 | 0.628 | |
Debt to Equity Ratio (MRQ) | Less than | 1 | 1.692 | |
Return on Equity (MRQ) | Greater than | 0.15 | 0.112 | |
Return on Assets (MRQ) | Greater than | 0.05 | 0.042 | |
Total | 5/10 (50.0%) |
3.4 Technical Score
Penke's Symbol Scanner
Indicator | Condition | Value | ||
---|---|---|---|---|
Rsi | Greater than | 50 | 66.730 | |
Ma 20 | Greater than | Ma 50 | 418.550 | |
Ma 50 | Greater than | Ma 100 | 417.738 | |
Ma 100 | Greater than | Ma 200 | 421.724 | |
Open | Greater than | Close | 443.300 | |
Total | 4/5 (80.0%) |
4. In-depth Analysis
4.1 About Ferrari NV
- https://www.ferrari.com
- Auto Manufacturers
- 5290
- Via Abetone Inferiore n. 4, Maranello, MO, Italy, 41053
Google Maps Bing Maps
Ferrari N.V., through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide. The company offers range, special series, Icona, and supercars; limited edition supercars and one-off cars; and track cars. It also provides racing cars, and spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars; and licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods. In addition, the company operates Ferrari museums in Modena and Maranello; Il Cavallino restaurant in Maranello; and theme parks in Abu Dhabi and Spain. Further, it provides direct or indirect finance and leasing services to retail clients and dealers; manages racetracks; develops and sells a range of apparel and accessories; and operates franchised and owned Ferrari stores. The company also sells its products through a network of authorized dealers operating points of sale, as well as through its website. The company was founded in 1947 and is headquartered in Maranello, Italy.
Fundamental data was last updated by Penke on 2025-02-05 09:23:04.
4.2 In-depth Summary
4.2.1. Financial Health Summary
Compared to previous year | Compared to industry | |
---|---|---|
The company is making a huge profit. | ||
Using its assets, the company is less efficient in making profit. | ||
Using its investors money, the company is less efficient in making profit. |
Compared to previous year | Compared to industry | |
---|---|---|
The company is operating very efficient. | ||
The company is efficient in keeping operating costs low. |
Compared to previous year | Compared to industry | |
---|---|---|
The company is able to pay all its short-term debts. | ||
The company is able to pay all its short-term debts with the most liquid assets. |
Compared to previous year | Compared to industry | |
---|---|---|
The company is able to pay all its debts by selling its assets. | ||
The company is just able to pay all its debts with equity. |
4.2.2. Valuation Summary
Compared to previous year | Compared to industry | |
---|---|---|
Based on the equity, the company is expensive. | ||
Based on the earnings, the company is overpriced. | ||
Based on how much money comes from the company's main activities, the company is expensive. |
4.3 Financial Health
4.3.1. Profitability
4.3.1 Profitability
4.3.1.1. Net Profit Margin
- Above 10% is considered healthy but always compare Ferrari to the Auto Manufacturers industry mean.
- A Net Profit Margin of 22.8% means that €0.23 for each €1 in revenue is generated as profit.
Let's take a look of the Net Profit Margin trends of Ferrari NV:
Trends
- The YOY is 20.2%. Compared to the TTM, the mid term is trending up. +2
- The 5Y is 19.3%. Compared to the TTM, the 5Y term is trending up. +2
- The 10Y is 17.5%. Compared to the 5Y term, the 10Y term is trending up. +2
Current period | Compared to | +/- | |||
---|---|---|---|---|---|
MRQ | 22.8% | TTM | 22.1% | +0.7% | |
TTM | 22.1% | YOY | 20.2% | +1.9% | |
TTM | 22.1% | 5Y | 19.3% | +2.8% | |
5Y | 19.3% | 10Y | 17.5% | +1.8% |
Compared to industry (Auto Manufacturers)
Let compare the company's Net Profit Margin with the average (mean) in the Auto Manufacturers industry:
- The MRQ average (mean) in the Auto Manufacturers industry is 3.0%. trending up. +2
- The TTM average (mean) in the Auto Manufacturers industry is 4.1%. trending up. +2
4.3.1.2. Return on Assets
- Above 5% is considered healthy but always compare Ferrari to the Auto Manufacturers industry mean.
- 4.2% Return on Assets means that Ferrari generated €0.04 profit for each $1 in assets.
Let's take a look of the Return on Assets trends of Ferrari NV:
Trends
- The YOY is 4.3%. Compared to the TTM, the mid term is trending down. -2
- The 5Y is 3.5%. Compared to the TTM, the 5Y term is trending up. +2
- The 10Y is 3.2%. Compared to the 5Y term, the 10Y term is trending up. +2
Current period | Compared to | +/- | |||
---|---|---|---|---|---|
MRQ | 4.2% | TTM | 4.1% | +0.0% | |
TTM | 4.1% | YOY | 4.3% | -0.1% | |
TTM | 4.1% | 5Y | 3.5% | +0.7% | |
5Y | 3.5% | 10Y | 3.2% | +0.3% |
Compared to industry (Auto Manufacturers)
Let compare the company's Return on Assets with the average (mean) in the Auto Manufacturers industry:
- The MRQ average (mean) in the Auto Manufacturers industry is 0.7%. trending up. +2
- The TTM average (mean) in the Auto Manufacturers industry is 1.1%. trending up. +2
4.3.1.3. Return on Equity
- Above 15%-20% is considered healthy but always compare Ferrari to the Auto Manufacturers industry mean.
- 11.2% Return on Equity means Ferrari generated €0.11 for each €1 the owners (shareholders) invested.
Let's take a look of the Return on Equity trends of Ferrari NV:
Trends
- The YOY is 97.0%. Compared to the TTM, the mid term is trending down. -2
- The 5Y is 27.7%. Compared to the TTM, the 5Y term is trending down. -2
- The 10Y is 25.7%. Compared to the 5Y term, the 10Y term is trending up. +2
Current period | Compared to | +/- | |||
---|---|---|---|---|---|
MRQ | 11.2% | TTM | 11.2% | +0.0% | |
TTM | 11.2% | YOY | 97.0% | -85.8% | |
TTM | 11.2% | 5Y | 27.7% | -16.5% | |
5Y | 27.7% | 10Y | 25.7% | +2.0% |
Compared to industry (Auto Manufacturers)
Let compare the company's Return on Equity with the average (mean) in the Auto Manufacturers industry:
- The MRQ average (mean) in the Auto Manufacturers industry is 2.1%. trending up. +2
- The TTM average (mean) in the Auto Manufacturers industry is 2.7%. trending up. +2
4.3.2. Operating Efficiency of Ferrari NV.
4.3.2. Operating Efficiency
4.3.2.1. Operating Margin
- Measures how much profit Ferrari makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
- Above 15% is considered healthy but always compare Ferrari to the Auto Manufacturers industry mean.
- An Operating Margin of 29.0% means the company generated €0.29 for each €1 in revenue (before taxes).
Let's take a look of the Operating Margin trends of Ferrari NV:
Trends
- The YOY is 27.8%. Compared to the TTM, the mid term is trending up. +2
- The 5Y is 25.4%. Compared to the TTM, the 5Y term is trending up. +2
- The 10Y is 23.0%. Compared to the 5Y term, the 10Y term is trending up. +2
Current period | Compared to | +/- | |||
---|---|---|---|---|---|
MRQ | 29.0% | TTM | 28.4% | +0.5% | |
TTM | 28.4% | YOY | 27.8% | +0.6% | |
TTM | 28.4% | 5Y | 25.4% | +3.0% | |
5Y | 25.4% | 10Y | 23.0% | +2.4% |
Compared to industry (Auto Manufacturers)
Let compare the company's Operating Margin with the average (mean) in the Auto Manufacturers industry:
- The MRQ average (mean) in the Auto Manufacturers industry is 5.2%. trending up. +2
- The TTM average (mean) in the Auto Manufacturers industry is 5.3%. trending up. +2
4.3.2.2. Operating Ratio
- Below 1 is considered healthy (always compare to Auto Manufacturers industry mean).
- An Operation Ratio of 0.71 means that the operating costs are €0.71 for each €1 in net sales.
Let's take a look of the Operating Ratio trends of Ferrari NV:
Trends
- The YOY is 0.700. Compared to the TTM, the mid term is trending up. -2
- The 5Y is 0.745. Compared to the TTM, the 5Y term is trending down. +2
- The 10Y is 0.767. Compared to the 5Y term, the 10Y term is trending down. +2
Current period | Compared to | +/- | |||
---|---|---|---|---|---|
MRQ | 0.714 | TTM | 0.722 | -0.008 | |
TTM | 0.722 | YOY | 0.700 | +0.023 | |
TTM | 0.722 | 5Y | 0.745 | -0.023 | |
5Y | 0.745 | 10Y | 0.767 | -0.021 |
Compared to industry (Auto Manufacturers)
Let compare the company's Operating Ratio with the average (mean) in the Auto Manufacturers industry:
- The MRQ average (mean) in the Auto Manufacturers industry is 1.485. trending down. +2
- The TTM average (mean) in the Auto Manufacturers industry is 1.331. trending down. +2
4.4.3. Liquidity of Ferrari NV.
4.4.3. Liquidity
4.4.3.1. Current Ratio
- Above 1.5 is considered healthy (always compare to Auto Manufacturers industry mean).
- A Current Ratio of 1.63 means the company has €1.63 in assets for each €1 in short-term debts.
Let's take a look of the Current Ratio trends of Ferrari NV:
Trends
- The YOY is 3.693. Compared to the TTM, the mid term is trending down. -2
- The 5Y is 3.396. Compared to the TTM, the 5Y term is trending down. -2
- The 10Y is 3.121. Compared to the 5Y term, the 10Y term is trending up. +2
Current period | Compared to | +/- | |||
---|---|---|---|---|---|
MRQ | 1.625 | TTM | 2.317 | -0.692 | |
TTM | 2.317 | YOY | 3.693 | -1.376 | |
TTM | 2.317 | 5Y | 3.396 | -1.079 | |
5Y | 3.396 | 10Y | 3.121 | +0.275 |
Compared to industry (Auto Manufacturers)
Let compare the company's Current Ratio with the average (mean) in the Auto Manufacturers industry:
- The MRQ average (mean) in the Auto Manufacturers industry is 1.218. trending up. +2
- The TTM average (mean) in the Auto Manufacturers industry is 1.194. trending up. +2
4.4.3.2. Quick Ratio
- Above 1 is considered healthy but always compare Ferrari to the Auto Manufacturers industry mean.
- A Quick Ratio of 1.22 means the company can pay off €1.22 for each €1 in debt (using most liquid assets).
Let's take a look of the Quick Ratio trends of Ferrari NV:
Trends
- The YOY is 2.467. Compared to the TTM, the mid term is trending down. -2
- The 5Y is 2.390. Compared to the TTM, the 5Y term is trending down. -2
- The 10Y is 2.068. Compared to the 5Y term, the 10Y term is trending up. +2
Current period | Compared to | +/- | |||
---|---|---|---|---|---|
MRQ | 1.222 | TTM | 1.432 | -0.210 | |
TTM | 1.432 | YOY | 2.467 | -1.035 | |
TTM | 1.432 | 5Y | 2.390 | -0.958 | |
5Y | 2.390 | 10Y | 2.068 | +0.322 |
Compared to industry (Auto Manufacturers)
Let compare the company's Quick Ratio with the average (mean) in the Auto Manufacturers industry:
- The MRQ average (mean) in the Auto Manufacturers industry is 0.484. trending up. +2
- The TTM average (mean) in the Auto Manufacturers industry is 0.587. trending up. +2
4.5.4. Solvency of Ferrari NV.
4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio
- Below 1 (100%) is considered healthy but always compare Ferrari to Auto Manufacturers industry mean.
- A Debt to Asset Ratio of 0.63 means that Ferrari assets are financed with 62.8% credit (debt) and the remaining percentage (100% - 62.8%) is financed by its owners/shareholders.
Let's take a look of the Debt to Asset Ratio trends of Ferrari NV:
Trends
- The YOY is 0.738. Compared to the TTM, the mid term is trending down. +2
- The 5Y is 0.697. Compared to the TTM, the 5Y term is trending down. +2
- The 10Y is 0.732. Compared to the 5Y term, the 10Y term is trending down. +2
Current period | Compared to | +/- | |||
---|---|---|---|---|---|
MRQ | 0.628 | TTM | 0.629 | -0.002 | |
TTM | 0.629 | YOY | 0.738 | -0.109 | |
TTM | 0.629 | 5Y | 0.697 | -0.068 | |
5Y | 0.697 | 10Y | 0.732 | -0.035 |
Compared to industry (Auto Manufacturers)
Let compare the company's Debt to Asset Ratio with the average (mean) in the Auto Manufacturers industry:
- The MRQ average (mean) in the Auto Manufacturers industry is 0.638. trending down. +2
- The TTM average (mean) in the Auto Manufacturers industry is 0.634. trending down. +2
4.5.4.2. Debt to Equity Ratio
- Below 2 is considered healthy but always compare Ferrari to the Auto Manufacturers industry mean.
- A Debt to Equity ratio of 169.2% means that company has €1.69 debt for each €1 in shareholders equity.
Let's take a look of the Debt to Equity Ratio trends of Ferrari NV:
Trends
- The YOY is 15.405. Compared to the TTM, the mid term is trending down. +2
- The 5Y is 4.889. Compared to the TTM, the 5Y term is trending down. +2
- The 10Y is 6.493. Compared to the 5Y term, the 10Y term is trending down. +2
Current period | Compared to | +/- | |||
---|---|---|---|---|---|
MRQ | 1.692 | TTM | 1.706 | -0.014 | |
TTM | 1.706 | YOY | 15.405 | -13.699 | |
TTM | 1.706 | 5Y | 4.889 | -3.183 | |
5Y | 4.889 | 10Y | 6.493 | -1.604 |
Compared to industry (Auto Manufacturers)
Let compare the company's Debt to Equity Ratio with the average (mean) in the Auto Manufacturers industry:
- The MRQ average (mean) in the Auto Manufacturers industry is 1.858. trending down. +2
- The TTM average (mean) in the Auto Manufacturers industry is 1.791. trending down. +2
4.6. Market Valuation
4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio
- Above 15 is considered overpriced but always compare Ferrari to the Auto Manufacturers industry mean.
- A PE ratio of 50.44 means the investor is paying €50.44 for every €1 in earnings.
Let's take a look of the Price to Earnings Ratio trends of Ferrari NV:
Trends
- The YOY is 39.883. Compared to the TTM, the mid term is trending up. -2
- The 5Y is 78.684. Compared to the TTM, the 5Y term is trending down. +2
- The 10Y is 50.894. Compared to the 5Y term, the 10Y term is trending up. -2
Current period | Compared to | +/- | |||
---|---|---|---|---|---|
EOD | 53.254 | MRQ | 50.442 | +2.812 | |
MRQ | 50.442 | TTM | 47.839 | +2.603 | |
TTM | 47.839 | YOY | 39.883 | +7.956 | |
TTM | 47.839 | 5Y | 78.684 | -30.845 | |
5Y | 78.684 | 10Y | 50.894 | +27.790 |
Compared to industry (Auto Manufacturers)
Let compare the company's Price to Earnings Ratio with the average (mean) in the Auto Manufacturers industry:
- The MRQ average (mean) in the Auto Manufacturers industry is 8.414. trending up. -2
- The TTM average (mean) in the Auto Manufacturers industry is 7.033. trending up. -2
4.6.2.2. Price To Free Cash Flow Ratio
Let's take a look of the Price To Free Cash Flow Ratio trends of Ferrari NV:
- The EOD is 40.972. Based on how much money comes from the company's main activities, the company is fair priced.
- The MRQ is 38.809. Based on how much money comes from the company's main activities, the company is fair priced.
- The TTM is 131.436. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
- The YOY is 76.616. Compared to the TTM, the mid term is trending up. -2
- The 5Y is 34.088. Compared to the TTM, the 5Y term is trending up. -2
- The 10Y is 42.418. Compared to the 5Y term, the 10Y term is trending down. +2
Current period | Compared to | +/- | |||
---|---|---|---|---|---|
EOD | 40.972 | MRQ | 38.809 | +2.163 | |
MRQ | 38.809 | TTM | 131.436 | -92.627 | |
TTM | 131.436 | YOY | 76.616 | +54.820 | |
TTM | 131.436 | 5Y | 34.088 | +97.347 | |
5Y | 34.088 | 10Y | 42.418 | -8.330 |
Compared to industry (Auto Manufacturers)
Let compare the company's priceToFreeCashFlowRatio with the average (mean) in the Auto Manufacturers industry:
- The MRQ average (mean) in the Auto Manufacturers industry is 1.220. trending up. -2
- The TTM average (mean) in the Auto Manufacturers industry is 0.978. trending up. -2
4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio
- At or below 1 is considered healthy (always compare to Auto Manufacturers industry mean).
- A PB ratio of 22.57 means the investor is paying €22.57 for each €1 in book value.
Let's take a look of the Price to Book Ratio trends of Ferrari NV:
Trends
- The YOY is 1,987.048. Compared to the TTM, the mid term is trending down. +2
- The 5Y is 412.101. Compared to the TTM, the 5Y term is trending down. +2
- The 10Y is 203.378. Compared to the 5Y term, the 10Y term is trending up. -2
Current period | Compared to | +/- | |||
---|---|---|---|---|---|
EOD | 23.831 | MRQ | 22.572 | +1.258 | |
MRQ | 22.572 | TTM | 21.254 | +1.318 | |
TTM | 21.254 | YOY | 1,987.048 | -1,965.794 | |
TTM | 21.254 | 5Y | 412.101 | -390.846 | |
5Y | 412.101 | 10Y | 203.378 | +208.722 |
Compared to industry (Auto Manufacturers)
Let compare the company's Price to Book Ratio with the average (mean) in the Auto Manufacturers industry:
- The MRQ average (mean) in the Auto Manufacturers industry is 1.523. trending up. -2
- The TTM average (mean) in the Auto Manufacturers industry is 1.556. trending up. -2
4.6.2. Total Gains per Share
2.4. Latest News of Ferrari NV
Does Ferrari NV still have the same value as the quarterly reports suggest? Recent changes may be an indication that the value of the company is changing. Read the news from Ferrari NV to keep up to date. Note: the news is often already included in the price.
Date | Title | Read |
---|---|---|
2025-02-05 17:40 | ALSN or RACE: Which Is the Better Value Stock Right Now? | Read |
2025-02-04 17:49 | Ferrari stock rallies after reporting Q4 sales rose by 14% | Read |
2025-02-01 12:00 | Should You Be Adding Ferrari (NYSE:RACE) To Your Watchlist Today? | Read |
2025-02-01 07:00 | McLaren boss points to culture shift in F1 turnaround ahead of 'epic' season | Read |
2025-01-20 13:18 | FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM | Read |
6. Financial Statements
6.1. Latest Balance Sheet
Balance Sheet of 2024-09-30. Currency in EUR. All numbers in thousands.
Summary
As reported | |
---|---|
Total Liabilities | 5,644,514 |
Total Stockholder Equity | + 3,336,951 |
Total Assets | = 8,989,178 |
Assets
Total Current Assets
Long-term Assets
Property Plant Equipment | 1,767,437 |
Goodwill | 785,182 |
Long Term Investments | 75,312 |
Intangible Assets | 1,508,356 |
Long-term Assets (as reported) | 4,370,722 |
---|---|
Long-term Assets (calculated) | 4,136,287 |
+/- | 234,435 |
Liabilities & Shareholders' Equity
Total Current Liabilities
Long-term Liabilities
Other
6.2. Balance Sheets Structured
Currency in EUR. All numbers in thousands.
Trend | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | ||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
> Total Assets |
| 8,989,178 | 8,889,571 | 8,647,880 | 8,051,312 | 7,894,182 | 5,225,142 | 8,021,590 | 7,765,823 | 7,626,839 | 7,320,792 | 7,296,420 | 6,863,505 | 6,613,088 | 6,130,415 | 6,085,509 | 6,262,047 | 6,004,033 | 5,859,004 | 5,567,894 | 5,446,372 | 5,340,080 | 5,277,970 | 5,330,824 | 4,851,733 | 4,614,758 | 4,379,484 | 4,360,685 | 4,141,104 | 4,073,427 | 3,904,054 | 4,055,503 | 3,849,604 | 4,219,305 | 4,321,338 | 4,128,539 | 3,875,399 | 4,944,508 | 5,000,526 | 5,004,017 | 4,641,427 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||
> Total Current Assets |
| 4,618,456 | 4,589,951 | 4,502,330 | 3,986,007 | 3,956,592 | 4,050,985 | 4,189,743 | 3,952,512 | 3,954,131 | 3,702,055 | 3,748,680 | 3,363,719 | 3,217,859 | 2,831,383 | 2,850,062 | 3,075,883 | 3,038,296 | 2,945,448 | 2,686,503 | 2,641,201 | 2,679,892 | 2,673,802 | 2,829,588 | 2,477,326 | 2,392,883 | 2,216,959 | 2,244,270 | 2,081,077 | 2,072,716 | 1,927,672 | 2,076,393 | 1,887,453 | 2,327,047 | 2,440,222 | 2,276,168 | 2,019,823 | 3,129,709 | 3,144,910 | 3,131,554 | 2,844,655 | 0 | 0 | 113,786 | |||||||||||||||||||||||||||||||||||||||||||
Cash And Cash Equivalents |
| 1,528,690 | 1,332,131 | 1,366,223 | 1,121,981 | 1,012,444 | 1,110,441 | 1,441,137 | 1,388,901 | 1,362,815 | 1,205,872 | 1,493,636 | 1,344,146 | 1,273,119 | 922,264 | 980,309 | 1,362,406 | 1,178,616 | 1,111,678 | 880,341 | 897,946 | 871,399 | 881,205 | 1,062,395 | 793,664 | 753,362 | 649,533 | 743,030 | 647,706 | 618,874 | 422,890 | 569,327 | 457,784 | 482,389 | 585,292 | 563,442 | 182,753 | 190,081 | 257,527 | 163,717 | 134,278 | 0 | 0 | -113,786 | |||||||||||||||||||||||||||||||||||||||||||
Short-term Investments |
| 52,580 | 51,096 | 60,145 | 5,568 | 36,127 | 3,483 | 3,488 | 7,068 | 9,222 | 3,558 | 7,249 | 1,935 | 2,209 | 1,784 | 1,995 | 1,448 | 3,081 | 3,187 | 1,210 | 1,986 | 4,719 | 3,752 | 14,530 | 3,386 | 6,748 | 3,734 | 7,221 | 3,997 | 4,959 | 4,273 | 5,146 | 5,888 | 13,045 | 5,144 | 5,837 | 8,626 | 0 | 0 | 0 | 0 | 0 | 0 | 227,572 | |||||||||||||||||||||||||||||||||||||||||||
Net Receivables |
| 1,839,245 | 1,922,922 | 1,879,346 | 526,431 | 1,811,432 | 1,757,014 | 1,703,539 | 491,076 | 1,745,009 | 1,647,680 | 1,492,934 | 410,484 | 1,329,459 | 1,264,827 | 1,270,344 | 341,400 | 1,269,436 | 1,262,754 | 1,257,030 | 524,642 | 1,301,674 | 1,270,846 | 1,257,064 | 211,399 | 1,168,026 | 1,053,508 | 981,786 | 239,410 | 990,249 | 1,014,574 | 1,057,612 | 243,977 | 978,914 | 949,539 | 186,586 | 158,165 | 1,345,595 | 1,346,993 | 1,529,884 | 183,642 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||
Other Current Assets |
| 166,490 | 202,332 | 203,657 | 64,699 | 137,391 | 191,591 | 195,107 | 73,325 | 126,253 | 151,873 | 145,636 | 60,946 | 96,203 | 100,380 | 101,644 | 83,487 | 97,961 | 98,578 | 122,489 | 53,534 | 112,488 | 112,528 | 97,262 | 50,617 | 80,668 | 83,488 | 85,649 | 40,680 | 82,511 | 90,979 | 85,745 | 42,931 | 88,806 | 585,437 | 1,220,617 | 165,090 | 1,292,339 | 1,187,965 | 1,061,218 | 966,302 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||
> Long-term Assets |
| 4,370,722 | 4,299,620 | 4,145,550 | 4,065,305 | 3,937,590 | 1,743,603 | 3,831,847 | 3,813,311 | 3,672,708 | 3,618,737 | 3,547,740 | 3,499,786 | 3,395,229 | 3,299,032 | 3,235,447 | 3,186,164 | 2,965,737 | 2,913,556 | 2,881,391 | 2,805,171 | 2,660,188 | 2,604,168 | 2,501,236 | 2,374,407 | 2,221,875 | 2,162,525 | 2,116,415 | 2,060,027 | 2,000,711 | 1,976,382 | 1,979,110 | 1,962,151 | 1,892,258 | 1,881,116 | 1,852,371 | 1,855,576 | 1,814,799 | 1,855,616 | 1,872,463 | 1,796,772 | 0 | 0 | -113,786 | |||||||||||||||||||||||||||||||||||||||||||
Property Plant Equipment |
| 1,767,437 | 1,709,356 | 1,632,616 | 1,575,200 | 1,491,444 | 1,451,756 | 1,442,308 | 1,457,825 | 1,374,958 | 1,340,131 | 1,340,431 | 1,353,165 | 1,294,626 | 1,245,484 | 1,238,924 | 1,226,630 | 1,161,643 | 1,140,046 | 1,140,055 | 1,069,652 | 996,116 | 977,184 | 936,771 | 850,550 | 776,784 | 750,753 | 736,436 | 710,260 | 683,799 | 676,278 | 674,777 | 669,283 | 640,468 | 631,775 | 620,762 | 626,130 | 596,720 | 588,697 | 591,460 | 585,185 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||
Goodwill |
| 785,182 | 785,182 | 785,182 | 785,182 | 785,182 | 785,182 | 785,182 | 785,182 | 785,182 | 785,182 | 785,182 | 785,182 | 785,182 | 785,182 | 785,182 | 785,182 | 785,182 | 785,182 | 785,182 | 785,182 | 785,182 | 785,182 | 785,182 | 785,182 | 785,182 | 785,182 | 785,182 | 785,182 | 785,182 | 785,182 | 785,182 | 785,182 | 785,182 | 785,182 | 787,178 | 787,178 | 787,178 | 787,178 | 787,178 | 787,178 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||
Long Term Investments |
| 75,312 | 72,253 | 69,231 | 67,671 | 65,648 | 66,203 | 63,674 | 59,534 | 58,768 | 58,251 | 57,513 | 54,509 | 49,019 | 46,908 | 44,377 | 42,841 | 40,721 | 38,806 | 36,816 | 38,716 | 36,910 | 35,119 | 33,793 | 32,134 | 32,451 | 31,841 | 29,427 | 30,038 | 29,566 | 28,864 | 28,074 | 0 | 0 | 0 | 1,000 | 1,000 | 2,000 | 48,000 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||
Intangible Assets |
| 1,508,356 | 1,479,552 | 1,436,633 | 1,419,699 | 1,380,773 | 1,370,667 | 1,329,944 | 1,307,388 | 1,253,571 | 1,221,535 | 1,171,217 | 1,138,173 | 1,103,381 | 1,061,585 | 1,012,584 | 979,290 | 923,345 | 890,056 | 858,010 | 837,938 | 778,651 | 736,071 | 678,957 | 645,797 | 567,938 | 513,421 | 472,320 | 440,456 | 392,301 | 369,586 | 356,769 | 354,394 | 346,566 | 340,485 | 324,363 | 307,810 | 285,531 | 282,683 | 277,505 | 265,262 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||
Long-term Assets Other |
| 0 | 1,479,552 | 0 | 0 | 0 | -2,155,849 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,881,391 | 2,805,171 | 2,660,188 | 2,604,168 | 2,501,236 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11,967 | 17,602 | 19,413 | 11,811 | 10,858 | 10,730 | 0 | 0 | 46,111 | 0 | 0 | -113,786 | |||||||||||||||||||||||||||||||||||||||||||
> Total Liabilities |
| 5,644,514 | 5,782,692 | 5,367,461 | 4,980,690 | 5,050,786 | 5,218,258 | 5,214,065 | 5,163,336 | 5,216,407 | 5,056,307 | 4,959,576 | 4,652,089 | 4,552,358 | 4,217,056 | 4,137,086 | 4,472,843 | 4,483,010 | 4,512,302 | 4,032,392 | 3,959,084 | 3,945,740 | 3,894,887 | 3,849,602 | 3,497,894 | 3,383,916 | 3,451,333 | 3,462,572 | 3,357,168 | 3,423,538 | 3,388,998 | 3,574,531 | 3,519,799 | 3,985,652 | 4,210,954 | 4,033,848 | 3,894,802 | 2,237,554 | 2,401,530 | 2,529,507 | 2,163,114 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||
> Total Current Liabilities |
| 2,841,660 | 2,421,129 | 2,055,608 | 1,120,136 | 1,090,527 | 1,124,219 | 1,098,995 | 1,060,066 | 970,813 | 1,050,612 | 1,100,777 | 991,529 | 914,853 | 857,519 | 829,776 | 790,490 | 703,741 | 684,258 | 780,415 | 804,610 | 741,936 | 811,048 | 756,423 | 742,794 | 684,925 | 757,959 | 796,948 | 713,689 | 737,228 | 744,095 | 798,001 | 717,886 | 833,845 | 819,156 | 735,422 | 1,628,654 | 1,137,587 | 1,263,863 | 1,267,153 | 1,222,167 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||
Short-term Debt |
| 1,248,497 | 1,200,521 | 809,335 | 724,423 | 40,714 | 27,011 | 37,864 | 979,393 | 41,262 | 47,969 | 37,333 | 516,119 | 178,207 | 166,887 | 57,516 | 872,855 | 54,765 | 63,567 | 54,669 | 401,128 | 17,634 | 26,034 | 33,204 | 351,736 | 6,136 | 8,847 | 23,540 | 312,190 | 16,353 | 15,369 | 25,956 | 289,923 | 13,045 | 5,144 | 5,837 | -911,835 | 389,453 | 428,039 | 461,380 | 491,320 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||
Short Long Term Debt |
| 1,222,706 | 1,177,783 | 788,676 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 401,128 | 17,634 | 26,034 | 33,204 | 352,409 | 6,136 | 8,847 | 23,540 | 306,031 | 16,353 | 1,754,668 | 1,870,124 | 0 | 0 | 0 | 2,442,000 | 2,260,000 | 579,000 | 567,000 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||
Accounts payable |
| 859,235 | 940,375 | 902,324 | 930,560 | 812,800 | 937,841 | 860,736 | 902,968 | 762,651 | 791,722 | 797,358 | 797,832 | 693,945 | 720,904 | 687,505 | 713,807 | 639,978 | 625,867 | 664,239 | 711,539 | 607,794 | 686,327 | 646,652 | 653,751 | 546,858 | 628,568 | 628,045 | 607,505 | 543,002 | 603,189 | 631,769 | 614,888 | 535,794 | 574,390 | 500,868 | 507,499 | 448,568 | 577,939 | 573,203 | 535,707 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||
Other Current Liabilities |
| 172,447 | -614,058 | 815,310 | -919,801 | -1,618 | -77,420 | -52,781 | 1,168,734 | -178,592 | 416,385 | 173,969 | 581,836 | 136,348 | 407,422 | 130,610 | 861,955 | 106,879 | 287,465 | 349,289 | 407,931 | 317,138 | 153,386 | 318,852 | 352,759 | 143,099 | 142,774 | 130,458 | 169,002 | 143,553 | 132,536 | 99,861 | 8,455 | 140,062 | 274,843 | 257,749 | -964,340 | 116,880 | 225,182 | 370,760 | 271,287 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||
> Long-term Liabilities |
| 3,211,866 | 3,361,563 | 3,311,853 | 3,860,554 | 3,960,259 | 3,744,461 | 4,115,070 | 4,103,270 | 4,245,594 | 4,005,695 | 3,858,799 | 3,660,560 | 3,637,505 | 3,359,537 | 3,307,310 | 3,682,353 | 3,779,269 | 3,828,044 | 3,251,977 | 3,154,474 | 3,203,804 | 3,083,839 | 3,093,179 | 2,755,100 | 2,698,991 | 2,693,374 | 2,665,624 | 2,643,479 | 2,686,310 | 2,644,903 | 2,776,530 | 2,801,913 | 3,151,807 | 3,391,798 | 3,298,426 | 2,266,148 | 1,099,967 | 1,137,667 | 1,262,354 | 940,947 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||
Long term Debt Total |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,630,011 | 2,591,327 | 2,360,104 | 2,282,967 | 2,724,745 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||
Other Liabilities |
| 0 | 0 | 0 | 0 | 0 | 1,183,314 | 0 | 1,022,795 | 1,026,171 | 1,029,143 | 1,001,892 | 789,413 | 875,004 | 835,972 | 858,375 | 774,843 | 869,957 | 903,135 | 921,920 | 888,655 | 903,840 | 861,766 | 837,697 | 637,119 | 637,684 | 667,209 | 674,054 | 652,506 | 712,417 | 721,337 | 719,658 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||
Deferred Long Term Liability |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,264,467 | 0 | 0 | 0 | 1,107,141 | 0 | 0 | 0 | 938,475 | 0 | 0 | 0 | 800,772 | 0 | 0 | 0 | 610,442 | 0 | 0 | 0 | 407,771 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 286,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||
> Total Stockholder Equity |
| 3,336,951 | 3,099,842 | 3,274,583 | 3,060,888 | 2,834,516 | 93,207 | 2,801,495 | 2,592,857 | 2,402,172 | 2,258,072 | 2,332,059 | 2,205,898 | 2,055,693 | 1,909,521 | 1,943,473 | 1,785,186 | 1,517,346 | 1,340,540 | 1,529,709 | 1,481,290 | 1,386,846 | 1,376,735 | 1,473,536 | 1,348,722 | 1,226,048 | 924,134 | 894,170 | 778,678 | 645,861 | 510,138 | 475,652 | 324,995 | 229,006 | 106,156 | 88,944 | -25,123 | 2,701,730 | 2,586,838 | 2,461,908 | 2,469,618 | 0 | 0 | 2,316,282 | |||||||||||||||||||||||||||||||||||||||||||
Common Stock |
| 2,573 | 2,573 | 2,573 | 2,573 | 2,573 | 2,573 | 2,573 | 2,573 | 2,573 | 2,573 | 2,573 | 2,573 | 2,573 | 2,573 | 2,573 | 2,573 | 2,573 | 2,573 | 2,573 | 2,573 | 2,573 | 2,573 | 2,504 | 2,504 | 2,504 | 2,504 | 2,504 | 2,504 | 2,504 | 2,504 | 2,504 | 2,504 | 2,504 | 2,504 | 2,504 | 3,778 | 3,778 | 3,778 | 0 | 3,778 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||
Retained Earnings Total Equity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||
Accumulated Other Comprehensive Income |
| 55,613 | 51,731 | 57,621 | 64,893 | 59,869 | 90,634 | 94,284 | 90,513 | 29,039 | 30,955 | 29,865 | 10,872 | 11,497 | 19,933 | 21,454 | 43,233 | 42,663 | 40,671 | 34,346 | 25,997 | 19,918 | 28,558 | 19,302 | 26,740 | 26,118 | 24,474 | 24,298 | 29,833 | 36,200 | 44,148 | 29,187 | 20,155 | 36,202 | 26,208 | 19,734 | -16,774 | -34,542 | -60,188 | -109,858 | -37,774 | 0 | 0 | 2,289,506 | |||||||||||||||||||||||||||||||||||||||||||
Capital Surplus | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||
Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||
Other Stockholders Equity |
| 0 | 0 | 0 | 0 | 0 | -2,632,088 | 0 | 1,363,132 | 29,039 | 30,955 | 29,865 | 886,776 | 11,497 | 19,933 | 21,454 | 703,344 | 42,663 | 40,671 | 34,346 | 559,428 | 19,918 | 28,558 | 19,302 | 179,081 | 26,118 | 24,474 | 24,298 | 29,833 | 36,200 | 44,148 | 29,187 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26,776 |
6.3. Balance Sheets
Currency in EUR. All numbers in thousands.
6.4. Cash Flows
Currency in EUR. All numbers in thousands.
6.5. Income Statements
Currency in EUR. All numbers in thousands.