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Ferrari NV
Buy, Hold or Sell?

Let's analyse Ferrari together

PenkeI 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.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Ferrari (30 sec.)










What can you expect buying and holding a share of Ferrari? (30 sec.)

How much money do you get?

How much money do you get?
€1.96
When do you have the money?
1 year
How often do you get paid?
67.5%

What is your share worth?

Current worth
€18.17
Expected worth in 1 year
€20.92
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
€4.56
Return On Investment
1.2%

For what price can you sell your share?

Current Price per Share
€387.00
Expected price per share
€340.53 - €404.80
How sure are you?
50%

1. Valuation of Ferrari (5 min.)




Live pricePrice per Share (EOD)

€387.00

Intrinsic Value Per Share

€39.83 - €93.28

Total Value Per Share

€58.00 - €111.45

2. Growth of Ferrari (5 min.)




Is Ferrari growing?

Current yearPrevious yearGrowGrow %
How rich?$3.5b$2.7b$500.1m15.4%

How much money is Ferrari making?

Current yearPrevious yearGrowGrow %
Making money$355.1m$268.8m$86.2m24.3%
Net Profit Margin21.4%18.5%--

How much money comes from the company's main activities?

3. Financial Health of Ferrari (5 min.)




4. Comparing to competitors in the Auto Manufacturers industry (5 min.)




  Industry Rankings (Auto Manufacturers)  


Richest
#44 / 122

Most Revenue
#55 / 122

Most Profit
#35 / 122

What can you expect buying and holding a share of Ferrari? (5 min.)

Welcome investor! Ferrari's management wants to use your money to grow the business. In return you get a share of Ferrari.

What can you expect buying and holding 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 €387.00. 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 €18.17. Based on the TTM, the Book Value Change Per Share is €0.69 per quarter. Based on the YOY, the Book Value Change Per Share is €0.68 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 €0.45 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Ferrari.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps2.110.5%1.960.5%1.470.4%1.330.3%1.010.3%
Usd Book Value Change Per Share1.300.3%0.750.2%0.740.2%0.560.1%0.490.1%
Usd Dividend Per Share0.000.0%0.490.1%0.370.1%0.560.1%0.420.1%
Usd Total Gains Per Share1.300.3%1.240.3%1.110.3%1.120.3%0.920.2%
Usd Price Per Share439.15-350.52-222.09-224.99-141.94-
Price to Earnings Ratio51.93-44.64-37.81-77.88-48.25-
Price-to-Total Gains Ratio338.15-293.23-200.83-404.24-279.67-
Price to Book Ratio22.25-19.53-14.75-17.77-8.36-
Price-to-Total Gains Ratio338.15-293.23-200.83-404.24-279.67-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share420.3594
Number of shares2
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.490.56
Usd Book Value Change Per Share0.750.56
Usd Total Gains Per Share1.241.12
Gains per Quarter (2 shares)2.472.24
Gains per Year (2 shares)9.908.97
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
146044-1
281210998
3121820131317
4162430181826
5203040222235
6243650272744
7274260313153
8314870363662
9355480404071
10396090454580

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%41.00.00.0100.0%
Book Value Change Per Share3.01.00.075.0%9.03.00.075.0%15.05.00.075.0%31.07.02.077.5%31.07.03.075.6%
Dividend per Share3.00.01.075.0%10.00.02.083.3%18.00.02.090.0%27.00.013.067.5%27.00.014.065.9%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%36.02.02.090.0%36.02.03.087.8%

Fundamentals of Ferrari

About Ferrari NV

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 2024-05-26 04:43:03.

Financial Health

Profitability Details
 Compared to previous yearCompared 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.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared 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.

Valuation

Valuation Details
 Compared to previous yearCompared 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 overpriced.

1.1. Profitability of Ferrari NV.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Ferrari earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Ferrari to the Auto Manufacturers industry mean.
  • A Net Profit Margin of 22.2% means that €0.22 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Ferrari NV:

  • The MRQ is 22.2%. The company is making a huge profit. +2
  • The TTM is 21.4%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ22.2%TTM21.4%+0.8%
TTM21.4%YOY18.5%+2.8%
TTM21.4%5Y18.8%+2.6%
5Y18.8%10Y16.8%+2.0%
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ22.2%3.8%+18.4%
TTM21.4%4.2%+17.2%
YOY18.5%3.4%+15.1%
5Y18.8%2.8%+16.0%
10Y16.8%3.2%+13.6%
1.1.2. Return on Assets

Shows how efficient Ferrari is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Ferrari to the Auto Manufacturers industry mean.
  • 4.1% 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:

  • The MRQ is 4.1%. Using its assets, the company is less efficient in making profit.
  • The TTM is 4.0%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ4.1%TTM4.0%+0.0%
TTM4.0%YOY3.2%+0.8%
TTM4.0%5Y3.3%+0.8%
5Y3.3%10Y2.9%+0.3%
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ4.1%0.7%+3.4%
TTM4.0%0.9%+3.1%
YOY3.2%0.8%+2.4%
5Y3.3%0.7%+2.6%
10Y2.9%0.6%+2.3%
1.1.3. Return on Equity

Shows how efficient Ferrari is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Ferrari to the Auto Manufacturers industry mean.
  • 10.7% 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:

  • The MRQ is 10.7%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 11.0%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ10.7%TTM11.0%-0.3%
TTM11.0%YOY9.9%+1.2%
TTM11.0%5Y10.4%+0.6%
5Y10.4%10Y16.5%-6.0%
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ10.7%2.4%+8.3%
TTM11.0%2.7%+8.3%
YOY9.9%2.1%+7.8%
5Y10.4%2.1%+8.3%
10Y16.5%2.0%+14.5%

1.2. Operating Efficiency of Ferrari NV.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Ferrari is operating .

  • 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 28.3% means the company generated €0.28  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Ferrari NV:

  • The MRQ is 28.3%. The company is operating very efficient. +2
  • The TTM is 27.1%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ28.3%TTM27.1%+1.1%
TTM27.1%YOY24.9%+2.3%
TTM27.1%5Y24.3%+2.8%
5Y24.3%10Y22.1%+2.2%
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ28.3%5.5%+22.8%
TTM27.1%2.7%+24.4%
YOY24.9%5.2%+19.7%
5Y24.3%3.5%+20.8%
10Y22.1%3.7%+18.4%
1.2.2. Operating Ratio

Measures how efficient Ferrari is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Auto Manufacturers industry mean).
  • An Operation Ratio of 0.72 means that the operating costs are €0.72 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Ferrari NV:

  • The MRQ is 0.717. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.725. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.717TTM0.725-0.007
TTM0.725YOY0.753-0.028
TTM0.7255Y0.756-0.032
5Y0.75610Y0.778-0.022
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7171.633-0.916
TTM0.7251.608-0.883
YOY0.7531.615-0.862
5Y0.7561.591-0.835
10Y0.7781.379-0.601

1.3. Liquidity of Ferrari NV.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Ferrari is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Auto Manufacturers industry mean).
  • A Current Ratio of 2.19 means the company has €2.19 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Ferrari NV:

  • The MRQ is 2.190. The company is able to pay all its short-term debts. +1
  • The TTM is 3.245. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ2.190TTM3.245-1.055
TTM3.245YOY3.784-0.539
TTM3.2455Y3.566-0.321
5Y3.56610Y3.033+0.533
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ2.1901.177+1.013
TTM3.2451.194+2.051
YOY3.7841.248+2.536
5Y3.5661.237+2.329
10Y3.0331.188+1.845
1.3.2. Quick Ratio

Measures if Ferrari is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Ferrari to the Auto Manufacturers industry mean.
  • A Quick Ratio of 1.64 means the company can pay off €1.64 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Ferrari NV:

  • The MRQ is 1.637. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 2.365. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.637TTM2.365-0.727
TTM2.365YOY2.941-0.576
TTM2.3655Y2.803-0.438
5Y2.80310Y2.307+0.496
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6370.469+1.168
TTM2.3650.524+1.841
YOY2.9410.690+2.251
5Y2.8030.742+2.061
10Y2.3070.727+1.580

1.4. Solvency of Ferrari NV.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Ferrari assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Ferrari to Auto Manufacturers industry mean.
  • A Debt to Asset Ratio of 0.62 means that Ferrari assets are financed with 62.1% credit (debt) and the remaining percentage (100% - 62.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Ferrari NV:

  • The MRQ is 0.621. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.634. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.621TTM0.634-0.013
TTM0.634YOY0.672-0.039
TTM0.6345Y0.690-0.056
5Y0.69010Y0.692-0.002
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6210.627-0.006
TTM0.6340.636-0.002
YOY0.6720.633+0.039
5Y0.6900.632+0.058
10Y0.6920.621+0.071
1.4.2. Debt to Equity Ratio

Measures if Ferrari is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Ferrari to the Auto Manufacturers industry mean.
  • A Debt to Equity ratio of 163.9% means that company has €1.64 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Ferrari NV:

  • The MRQ is 1.639. The company is just able to pay all its debts with equity.
  • The TTM is 1.741. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.639TTM1.741-0.102
TTM1.741YOY2.066-0.325
TTM1.7415Y2.291-0.550
5Y2.29110Y5.052-2.761
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6391.722-0.083
TTM1.7411.797-0.056
YOY2.0661.787+0.279
5Y2.2911.893+0.398
10Y5.0521.913+3.139

2. Market Valuation of Ferrari NV

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Ferrari generates.

  • Above 15 is considered overpriced but always compare Ferrari to the Auto Manufacturers industry mean.
  • A PE ratio of 51.93 means the investor is paying €51.93 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Ferrari NV:

  • The EOD is 49.708. Based on the earnings, the company is overpriced. -1
  • The MRQ is 51.930. Based on the earnings, the company is expensive. -2
  • The TTM is 44.641. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD49.708MRQ51.930-2.222
MRQ51.930TTM44.641+7.289
TTM44.641YOY37.812+6.829
TTM44.6415Y77.879-33.239
5Y77.87910Y48.255+29.624
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
EOD49.7086.518+43.190
MRQ51.9306.651+45.279
TTM44.6415.956+38.685
YOY37.8125.391+32.421
5Y77.8797.376+70.503
10Y48.25511.849+36.406
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 56.320. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The MRQ is 58.838. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The TTM is 77.203. Based on how much money comes from the company's main activities, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD56.320MRQ58.838-2.518
MRQ58.838TTM77.203-18.365
TTM77.203YOY-151.385+228.588
TTM77.2035Y19.452+57.751
5Y19.45210Y31.842-12.390
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
EOD56.320-1.491+57.811
MRQ58.838-1.910+60.748
TTM77.2030.032+77.171
YOY-151.3851.065-152.450
5Y19.4520.964+18.488
10Y31.8420.299+31.543
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Ferrari is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Auto Manufacturers industry mean).
  • A PB ratio of 22.25 means the investor is paying €22.25 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Ferrari NV:

  • The EOD is 21.297. Based on the equity, the company is expensive. -2
  • The MRQ is 22.249. Based on the equity, the company is expensive. -2
  • The TTM is 19.528. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD21.297MRQ22.249-0.952
MRQ22.249TTM19.528+2.721
TTM19.528YOY14.752+4.776
TTM19.5285Y17.774+1.754
5Y17.77410Y8.364+9.410
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
EOD21.2971.321+19.976
MRQ22.2491.459+20.790
TTM19.5281.499+18.029
YOY14.7521.463+13.289
5Y17.7741.663+16.111
10Y8.3641.939+6.425
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Ferrari NV compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--1.1960.687+74%0.677+77%0.516+132%0.454+163%
Book Value Per Share--18.17116.465+10%13.809+32%11.706+55%8.424+116%
Current Ratio--2.1903.245-33%3.784-42%3.566-39%3.033-28%
Debt To Asset Ratio--0.6210.634-2%0.672-8%0.690-10%0.692-10%
Debt To Equity Ratio--1.6391.741-6%2.066-21%2.291-28%5.052-68%
Dividend Per Share---0.452-100%0.340-100%0.517-100%0.390-100%
Eps--1.9461.805+8%1.356+44%1.224+59%0.930+109%
Free Cash Flow Per Share--1.7181.263+36%0.768+124%0.760+126%0.630+172%
Free Cash Flow To Equity Per Share--1.344-0.098+107%-0.064+105%0.082+1544%0.148+807%
Gross Profit Margin--0.8140.8150%0.755+8%0.672+21%0.836-3%
Intrinsic Value_10Y_max--93.282--------
Intrinsic Value_10Y_min--39.832--------
Intrinsic Value_1Y_max--4.765--------
Intrinsic Value_1Y_min--2.789--------
Intrinsic Value_3Y_max--17.809--------
Intrinsic Value_3Y_min--9.471--------
Intrinsic Value_5Y_max--35.063--------
Intrinsic Value_5Y_min--17.298--------
Market Cap69644136096.000-5%72987066100.00058431100200.000+25%37326685266.775+96%37988270148.355+92%24094591606.803+203%
Net Profit Margin--0.2220.214+4%0.185+20%0.188+18%0.168+32%
Operating Margin--0.2830.271+4%0.249+14%0.243+16%0.221+28%
Operating Ratio--0.7170.725-1%0.753-5%0.756-5%0.778-8%
Pb Ratio21.297-4%22.24919.528+14%14.752+51%17.774+25%8.364+166%
Pe Ratio49.708-4%51.93044.641+16%37.812+37%77.879-33%48.255+8%
Price Per Share387.000-4%404.300322.700+25%204.463+98%207.135+95%130.672+209%
Price To Free Cash Flow Ratio56.320-4%58.83877.203-24%-151.385+357%19.452+202%31.842+85%
Price To Total Gains Ratio323.683-4%338.153293.235+15%200.833+68%404.239-16%279.673+21%
Quick Ratio--1.6372.365-31%2.941-44%2.803-42%2.307-29%
Return On Assets--0.0410.040+1%0.032+26%0.033+25%0.029+40%
Return On Equity--0.1070.110-3%0.099+9%0.104+3%0.165-35%
Total Gains Per Share--1.1961.139+5%1.018+17%1.033+16%0.844+42%
Usd Book Value--3563191117.8003238672574.800+10%2738562469.950+30%2332042018.290+53%1690925068.210+111%
Usd Book Value Change Per Share--1.2990.746+74%0.736+77%0.560+132%0.493+163%
Usd Book Value Per Share--19.73817.884+10%14.999+32%12.715+55%9.150+116%
Usd Dividend Per Share---0.491-100%0.370-100%0.562-100%0.424-100%
Usd Eps--2.1141.961+8%1.473+44%1.330+59%1.010+109%
Usd Free Cash Flow--336853430.200248281423.600+36%152106831.650+121%151121811.180+123%126736675.490+166%
Usd Free Cash Flow Per Share--1.8661.372+36%0.834+124%0.825+126%0.685+172%
Usd Free Cash Flow To Equity Per Share--1.460-0.106+107%-0.070+105%0.089+1544%0.161+807%
Usd Market Cap75647460627.475-5%79278551197.82063467861037.240+25%40544245536.771+96%41262859035.143+92%26171545403.309+203%
Usd Price Per Share420.359-4%439.151350.517+25%222.087+98%224.990+95%141.936+209%
Usd Profit--381662438.800355157529.500+7%268882292.800+42%243968829.430+56%186957205.635+104%
Usd Revenue--1721224019.8001663343951.950+3%1449609390.900+19%1260364892.460+37%1061382040.765+62%
Usd Total Gains Per Share--1.2991.237+5%1.105+17%1.122+16%0.917+42%
 EOD+4 -4MRQTTM+27 -9YOY+28 -85Y+28 -810Y+26 -10

3.2. Fundamental Score

Let's check the fundamental score of Ferrari NV based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1549.708
Price to Book Ratio (EOD)Between0-121.297
Net Profit Margin (MRQ)Greater than00.222
Operating Margin (MRQ)Greater than00.283
Quick Ratio (MRQ)Greater than11.637
Current Ratio (MRQ)Greater than12.190
Debt to Asset Ratio (MRQ)Less than10.621
Debt to Equity Ratio (MRQ)Less than11.639
Return on Equity (MRQ)Greater than0.150.107
Return on Assets (MRQ)Greater than0.050.041
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Ferrari NV based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5051.804
Ma 20Greater thanMa 50385.070
Ma 50Greater thanMa 100389.666
Ma 100Greater thanMa 200369.126
OpenGreater thanClose386.300
Total3/5 (60.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2023-03-312023-06-302023-09-302023-12-312024-03-31
Current Deferred Revenue -37,86410,853-27,011-13,703-40,714-700,159-740,873916,740175,867



Latest Balance Sheet

Balance Sheet of 2024-03-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets8,647,880
Total Liabilities5,367,461
Total Stockholder Equity3,274,583
 As reported
Total Liabilities 5,367,461
Total Stockholder Equity+ 3,274,583
Total Assets = 8,647,880

Assets

Total Assets8,647,880
Total Current Assets4,502,330
Long-term Assets4,145,550
Total Current Assets
Cash And Cash Equivalents 1,366,223
Short-term Investments 60,145
Net Receivables 1,879,346
Inventory 992,959
Other Current Assets 203,657
Total Current Assets  (as reported)4,502,330
Total Current Assets  (calculated)4,502,330
+/-0
Long-term Assets
Property Plant Equipment 1,632,616
Goodwill 785,182
Long Term Investments 69,231
Intangible Assets 1,436,633
Other Assets 0
Long-term Assets  (as reported)4,145,550
Long-term Assets  (calculated)3,923,662
+/- 221,888

Liabilities & Shareholders' Equity

Total Current Liabilities2,055,608
Long-term Liabilities3,311,853
Total Stockholder Equity3,274,583
Total Current Liabilities
Short-term Debt 809,335
Accounts payable 902,324
Other Current Liabilities 168,082
Total Current Liabilities  (as reported)2,055,608
Total Current Liabilities  (calculated)1,879,741
+/- 175,867
Long-term Liabilities
Long term Debt 2,505,129
Capital Lease Obligations 117,657
Long-term Liabilities Other 630,057
Long-term Liabilities  (as reported)3,311,853
Long-term Liabilities  (calculated)3,252,843
+/- 59,010
Total Stockholder Equity
Common Stock2,573
Retained Earnings 3,214,389
Accumulated Other Comprehensive Income 57,621
Total Stockholder Equity (as reported)3,274,583
Total Stockholder Equity (calculated)3,274,583
+/-0
Other
Capital Stock2,573
Cash and Short Term Investments 1,426,368
Common Stock Shares Outstanding 180,527
Current Deferred Revenue175,867
Liabilities and Stockholders Equity 8,647,880
Net Debt 1,256,563
Net Invested Capital 5,779,712
Net Working Capital 3,338,711
Short Long Term Debt Total 2,622,786



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-31
> Total Assets 
0
0
0
4,641,427
5,004,017
5,000,526
4,944,508
3,875,399
4,128,539
4,321,338
4,219,305
3,849,604
4,055,503
3,904,054
4,073,427
4,141,104
4,360,685
4,379,484
4,614,758
4,851,733
5,330,824
5,277,970
5,340,080
5,446,372
5,567,894
5,859,004
6,004,033
6,262,047
6,085,509
6,130,415
6,613,088
6,863,505
7,296,420
7,320,792
7,626,839
7,765,823
8,021,590
7,950,437
7,894,182
8,051,312
8,647,880
8,647,8808,051,3127,894,1827,950,4378,021,5907,765,8237,626,8397,320,7927,296,4206,863,5056,613,0886,130,4156,085,5096,262,0476,004,0335,859,0045,567,8945,446,3725,340,0805,277,9705,330,8244,851,7334,614,7584,379,4844,360,6854,141,1044,073,4273,904,0544,055,5033,849,6044,219,3054,321,3384,128,5393,875,3994,944,5085,000,5265,004,0174,641,427000
   > Total Current Assets 
0
0
0
2,844,655
3,131,554
3,144,910
3,129,709
2,019,823
2,276,168
2,440,222
2,327,047
1,887,453
2,076,393
1,927,672
2,072,716
2,081,077
2,244,270
2,216,959
2,392,883
2,477,326
2,829,588
2,673,802
2,679,892
2,641,201
2,686,503
2,945,448
3,038,296
3,075,883
2,850,062
2,831,383
3,217,859
3,363,719
3,748,680
3,702,055
3,954,131
3,952,512
4,189,743
4,050,985
3,956,592
3,986,007
4,502,330
4,502,3303,986,0073,956,5924,050,9854,189,7433,952,5123,954,1313,702,0553,748,6803,363,7193,217,8592,831,3832,850,0623,075,8833,038,2962,945,4482,686,5032,641,2012,679,8922,673,8022,829,5882,477,3262,392,8832,216,9592,244,2702,081,0772,072,7161,927,6722,076,3931,887,4532,327,0472,440,2222,276,1682,019,8233,129,7093,144,9103,131,5542,844,655000
       Cash And Cash Equivalents 
0
0
0
134,278
163,717
257,527
190,081
182,753
563,442
585,292
482,389
457,784
569,327
422,890
618,874
647,706
743,030
649,533
753,362
793,664
1,062,395
881,205
871,399
897,946
880,341
1,111,678
1,178,616
1,362,406
980,309
922,264
1,273,119
1,344,146
1,493,636
1,205,872
1,362,815
1,388,901
1,441,137
1,110,441
1,012,444
1,121,981
1,366,223
1,366,2231,121,9811,012,4441,110,4411,441,1371,388,9011,362,8151,205,8721,493,6361,344,1461,273,119922,264980,3091,362,4061,178,6161,111,678880,341897,946871,399881,2051,062,395793,664753,362649,533743,030647,706618,874422,890569,327457,784482,389585,292563,442182,753190,081257,527163,717134,278000
       Short-term Investments 
0
0
0
0
0
0
0
8,626
5,837
5,144
13,045
5,888
5,146
4,273
4,959
3,997
7,221
3,734
6,748
3,386
14,530
3,752
4,719
1,986
1,210
3,187
3,081
1,448
1,995
1,784
2,209
1,935
7,249
3,558
9,222
7,068
3,488
3,483
36,127
5,568
60,145
60,1455,56836,1273,4833,4887,0689,2223,5587,2491,9352,2091,7841,9951,4483,0813,1871,2101,9864,7193,75214,5303,3866,7483,7347,2213,9974,9594,2735,1465,88813,0455,1445,8378,6260000000
       Net Receivables 
0
0
0
1,448,070
1,529,884
1,346,993
1,345,595
1,372,988
1,319,172
949,539
978,914
1,056,852
1,057,612
1,014,574
990,249
994,929
981,786
1,053,508
1,168,026
1,245,860
1,257,064
1,270,846
1,301,674
1,267,684
1,257,030
1,262,754
1,269,436
1,167,925
1,270,344
1,264,827
1,329,459
1,404,552
1,492,934
1,647,680
1,745,009
1,728,323
1,703,539
1,757,014
1,811,432
1,789,683
1,879,346
1,879,3461,789,6831,811,4321,757,0141,703,5391,728,3231,745,0091,647,6801,492,9341,404,5521,329,4591,264,8271,270,3441,167,9251,269,4361,262,7541,257,0301,267,6841,301,6741,270,8461,257,0641,245,8601,168,0261,053,508981,786994,929990,2491,014,5741,057,6121,056,852978,914949,5391,319,1721,372,9881,345,5951,346,9931,529,8841,448,070000
       Other Current Assets 
0
0
0
966,302
80,380
83,047
68,762
160,020
70,568
71,966
77,510
42,931
81,304
86,706
77,552
40,680
78,428
79,754
73,920
43,352
93,400
108,776
107,769
4,255
121,279
95,391
94,880
6,025
99,649
98,596
93,994
24,862
145,636
151,873
126,253
30,417
195,107
191,591
137,391
10,853
203,657
203,65710,853137,391191,591195,10730,417126,253151,873145,63624,86293,99498,59699,6496,02594,88095,391121,2794,255107,769108,77693,40043,35273,92079,75478,42840,68077,55286,70681,30442,93177,51071,96670,568160,02068,76283,04780,380966,302000
   > Long-term Assets 
0
0
0
1,796,772
1,872,463
1,855,616
1,814,799
1,855,576
1,852,371
1,881,116
1,892,258
1,962,151
1,979,110
1,976,382
2,000,711
2,060,027
2,116,415
2,162,525
2,221,875
2,374,407
2,501,236
2,604,168
2,660,188
2,805,171
2,881,391
2,913,556
2,965,737
3,186,164
3,235,447
3,299,032
3,395,229
3,499,786
3,547,740
3,618,737
3,672,708
3,813,311
3,831,847
3,899,452
3,937,590
4,065,305
4,145,550
4,145,5504,065,3053,937,5903,899,4523,831,8473,813,3113,672,7083,618,7373,547,7403,499,7863,395,2293,299,0323,235,4473,186,1642,965,7372,913,5562,881,3912,805,1712,660,1882,604,1682,501,2362,374,4072,221,8752,162,5252,116,4152,060,0272,000,7111,976,3821,979,1101,962,1511,892,2581,881,1161,852,3711,855,5761,814,7991,855,6161,872,4631,796,772000
       Property Plant Equipment 
0
0
0
585,185
591,460
588,697
596,720
626,130
620,762
631,775
640,468
669,283
674,777
676,278
683,799
710,260
736,436
750,753
776,784
850,550
936,771
977,184
996,116
1,069,652
1,140,055
1,140,046
1,161,643
1,226,630
1,238,924
1,245,484
1,294,626
1,353,165
1,340,431
1,340,131
1,374,958
1,457,825
1,442,308
1,451,756
1,491,444
1,575,200
1,632,616
1,632,6161,575,2001,491,4441,451,7561,442,3081,457,8251,374,9581,340,1311,340,4311,353,1651,294,6261,245,4841,238,9241,226,6301,161,6431,140,0461,140,0551,069,652996,116977,184936,771850,550776,784750,753736,436710,260683,799676,278674,777669,283640,468631,775620,762626,130596,720588,697591,460585,185000
       Goodwill 
0
0
0
787,178
787,178
787,178
787,178
787,178
787,178
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
785,182785,182785,182785,182785,182785,182785,182785,182785,182785,182785,182785,182785,182785,182785,182785,182785,182785,182785,182785,182785,182785,182785,182785,182785,182785,182785,182785,182785,182785,182785,182785,182787,178787,178787,178787,178787,178787,178000
       Long Term Investments 
0
0
0
0
0
48,000
2,000
1,000
1,000
0
0
0
28,074
28,864
29,566
30,038
29,427
31,841
32,451
32,134
33,793
35,119
36,910
38,716
36,816
38,806
40,721
42,841
44,377
46,908
49,019
54,509
57,513
58,251
58,768
59,534
63,674
66,203
65,648
67,671
69,231
69,23167,67165,64866,20363,67459,53458,76858,25157,51354,50949,01946,90844,37742,84140,72138,80636,81638,71636,91035,11933,79332,13432,45131,84129,42730,03829,56628,86428,0740001,0001,0002,00048,00000000
       Intangible Assets 
0
0
0
265,262
277,505
282,683
285,531
307,810
324,363
340,485
346,566
354,394
356,769
369,586
392,301
440,456
472,320
513,421
567,938
645,797
678,957
736,071
778,651
837,938
858,010
890,056
923,345
979,290
1,012,584
1,061,585
1,103,381
1,138,173
1,171,217
1,221,535
1,253,571
1,307,388
1,329,944
1,370,667
1,380,773
1,419,699
1,436,633
1,436,6331,419,6991,380,7731,370,6671,329,9441,307,3881,253,5711,221,5351,171,2171,138,1731,103,3811,061,5851,012,584979,290923,345890,056858,010837,938778,651736,071678,957645,797567,938513,421472,320440,456392,301369,586356,769354,394346,566340,485324,363307,810285,531282,683277,505265,262000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
134,308
116,472
109,863
558,622
93,050
81,328
59,520
886,377
66,533
70,612
63,329
1,075,851
61,328
59,466
54,846
1,420,439
154,380
159,873
163,021
1,594,798
193,397
213,638
200,229
1,706,463
0
0
0
0
0
000001,706,463200,229213,638193,3971,594,798163,021159,873154,3801,420,43954,84659,46661,3281,075,85163,32970,61266,533886,37759,52081,32893,050558,622109,863116,472134,308000000000000
> Total Liabilities 
0
0
0
2,163,114
2,529,507
2,401,530
2,237,554
3,894,802
4,033,848
4,210,954
3,985,652
3,519,799
3,574,531
3,388,998
3,423,538
3,357,168
3,462,572
3,451,333
3,383,916
3,497,894
3,849,602
3,894,887
3,945,740
3,959,084
4,032,392
4,512,302
4,483,010
4,472,843
4,137,086
4,217,056
4,552,358
4,652,089
4,959,576
5,056,307
5,216,407
5,163,336
5,214,065
5,218,258
5,050,786
4,980,690
5,367,461
5,367,4614,980,6905,050,7865,218,2585,214,0655,163,3365,216,4075,056,3074,959,5764,652,0894,552,3584,217,0564,137,0864,472,8434,483,0104,512,3024,032,3923,959,0843,945,7403,894,8873,849,6023,497,8943,383,9163,451,3333,462,5723,357,1683,423,5383,388,9983,574,5313,519,7993,985,6524,210,9544,033,8483,894,8022,237,5542,401,5302,529,5072,163,114000
   > Total Current Liabilities 
0
0
0
1,222,167
1,267,153
1,263,863
1,137,587
1,628,654
735,422
819,156
833,845
717,886
798,001
744,095
737,228
713,689
796,948
757,959
684,925
742,794
756,423
811,048
741,936
804,610
780,415
684,258
703,741
790,490
829,776
857,519
914,853
991,529
1,100,777
1,050,612
970,813
1,060,066
1,098,995
1,124,219
1,090,527
1,120,136
2,055,608
2,055,6081,120,1361,090,5271,124,2191,098,9951,060,066970,8131,050,6121,100,777991,529914,853857,519829,776790,490703,741684,258780,415804,610741,936811,048756,423742,794684,925757,959796,948713,689737,228744,095798,001717,886833,845819,156735,4221,628,6541,137,5871,263,8631,267,1531,222,167000
       Short-term Debt 
0
0
0
491,320
461,380
428,039
389,453
919,409
5,837
5,144
13,045
5,888
5,146
4,273
4,959
3,997
7,221
3,734
6,748
3,386
14,530
3,752
4,719
1,986
1,210
3,187
3,081
0
0
0
0
0
0
47,969
41,262
979,393
37,864
27,011
40,714
740,873
809,335
809,335740,87340,71427,01137,864979,39341,26247,9690000003,0813,1871,2101,9864,7193,75214,5303,3866,7483,7347,2213,9974,9594,2735,1465,88813,0455,1445,837919,409389,453428,039461,380491,320000
       Short Long Term Debt 
0
0
0
0
0
567,000
579,000
2,260,000
2,442,000
0
0
0
1,870,124
1,754,668
16,353
306,031
23,540
8,847
6,136
352,409
33,204
26,034
17,634
401,128
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000401,12817,63426,03433,204352,4096,1368,84723,540306,03116,3531,754,6681,870,1240002,442,0002,260,000579,000567,00000000
       Accounts payable 
0
0
0
535,707
573,203
577,939
448,568
507,499
500,868
574,390
535,794
614,888
631,769
603,189
543,002
607,505
628,045
628,568
546,858
653,751
646,652
686,327
607,794
711,539
664,239
625,867
639,978
713,807
687,505
720,904
693,945
797,832
797,358
791,722
762,651
902,968
860,736
937,841
812,800
930,560
902,324
902,324930,560812,800937,841860,736902,968762,651791,722797,358797,832693,945720,904687,505713,807639,978625,867664,239711,539607,794686,327646,652653,751546,858628,568628,045607,505543,002603,189631,769614,888535,794574,390500,868507,499448,568577,939573,203535,707000
       Other Current Liabilities 
0
0
0
85,624
87,806
76,212
76,382
76,514
234,554
244,766
298,051
102,998
166,232
140,906
194,226
106,184
168,903
129,391
138,067
89,043
109,771
124,721
134,142
93,071
116,176
58,391
63,763
76,683
142,271
136,615
220,908
193,697
303,419
258,890
208,162
157,098
238,259
186,378
277,727
189,576
168,082
168,082189,576277,727186,378238,259157,098208,162258,890303,419193,697220,908136,615142,27176,68363,76358,391116,17693,071134,142124,721109,77189,043138,067129,391168,903106,184194,226140,906166,232102,998298,051244,766234,55476,51476,38276,21287,80685,624000
   > Long-term Liabilities 
0
0
0
940,947
1,262,354
1,137,667
1,099,967
2,266,148
3,298,426
3,391,798
3,151,807
2,801,913
2,776,530
2,644,903
2,686,310
2,643,479
2,665,624
2,693,374
2,698,991
2,755,100
3,093,179
3,083,839
3,203,804
3,154,474
3,251,977
3,828,044
3,779,269
3,682,353
3,307,310
3,359,537
3,637,505
3,660,560
3,858,799
4,005,695
4,245,594
4,103,270
4,115,070
4,094,039
3,960,259
3,860,554
3,311,853
3,311,8533,860,5543,960,2594,094,0394,115,0704,103,2704,245,5944,005,6953,858,7993,660,5603,637,5053,359,5373,307,3103,682,3533,779,2693,828,0443,251,9773,154,4743,203,8043,083,8393,093,1792,755,1002,698,9912,693,3742,665,6242,643,4792,686,3102,644,9032,776,5302,801,9133,151,8073,391,7983,298,4262,266,1481,099,9671,137,6671,262,354940,947000
       Long term Debt Total 
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
2,724,745
2,282,967
2,360,104
2,591,327
2,630,011
0
0
0
0
0
0
0
0
0
0000000002,630,0112,591,3272,360,1042,282,9672,724,745000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
719,658
721,337
712,417
652,506
674,054
667,209
637,684
637,119
837,697
861,766
903,840
888,655
921,920
903,135
869,957
774,843
858,375
835,972
875,004
789,413
1,001,892
1,029,143
1,026,171
1,022,795
0
1,183,314
0
0
0
0001,183,31401,022,7951,026,1711,029,1431,001,892789,413875,004835,972858,375774,843869,957903,135921,920888,655903,840861,766837,697637,119637,684667,209674,054652,506712,417721,337719,658000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
286,000
0
0
0
0
0
0
0
407,771
0
0
0
610,442
0
0
0
800,772
0
0
0
938,475
0
0
0
1,107,141
0
0
0
1,264,467
0
0
0
0
0
000001,264,4670001,107,141000938,475000800,772000610,442000407,7710000000286,0000000000
> Total Stockholder Equity
0
0
0
2,469,618
2,461,908
2,586,838
2,701,730
-25,123
88,944
106,156
229,006
324,995
475,652
510,138
645,861
778,678
894,170
924,134
1,226,048
1,348,722
1,473,536
1,376,735
1,386,846
1,481,290
1,529,709
1,340,540
1,517,346
1,785,186
1,943,473
1,909,521
2,055,693
2,205,898
2,332,059
2,258,072
2,402,172
2,592,857
2,801,495
2,725,295
2,834,516
3,060,888
3,274,583
3,274,5833,060,8882,834,5162,725,2952,801,4952,592,8572,402,1722,258,0722,332,0592,205,8982,055,6931,909,5211,943,4731,785,1861,517,3461,340,5401,529,7091,481,2901,386,8461,376,7351,473,5361,348,7221,226,048924,134894,170778,678645,861510,138475,652324,995229,006106,15688,944-25,1232,701,7302,586,8382,461,9082,469,618000
   Common Stock
0
0
0
3,778
0
3,778
3,778
3,778
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
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
2,5732,5732,5732,5732,5732,5732,5732,5732,5732,5732,5732,5732,5732,5732,5732,5732,5732,5732,5732,5732,5042,5042,5042,5042,5042,5042,5042,5042,5042,5042,5042,5042,5043,7783,7783,77803,778000
   Retained Earnings Total Equity00000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
-37,774
-109,858
-60,188
-34,542
-16,774
19,734
26,208
36,202
20,155
29,187
44,148
36,200
29,833
24,298
24,474
26,118
26,740
19,302
28,558
19,918
25,997
34,346
40,671
42,663
43,233
21,454
19,933
11,497
10,872
29,865
30,955
29,039
90,513
94,284
90,634
59,869
64,893
57,621
57,62164,89359,86990,63494,28490,51329,03930,95529,86510,87211,49719,93321,45443,23342,66340,67134,34625,99719,91828,55819,30226,74026,11824,47424,29829,83336,20044,14829,18720,15536,20226,20819,734-16,774-34,542-60,188-109,858-37,774000
   Capital Surplus 00000000000000000000000000000000000000000
   Treasury Stock00000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
29,187
44,148
36,200
29,833
24,298
24,474
26,118
179,081
19,302
28,558
19,918
559,428
34,346
40,671
42,663
703,344
21,454
19,933
11,497
886,776
29,865
30,955
29,039
1,363,132
0
90,634
0
0
0
00090,63401,363,13229,03930,95529,865886,77611,49719,93321,454703,34442,66340,67134,346559,42819,91828,55819,302179,08126,11824,47424,29829,83336,20044,14829,187000000000000



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in EUR. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue5,970,000
Cost of Revenue-2,996,000
Gross Profit2,974,0002,974,000
 
Operating Income (+$)
Gross Profit2,974,000
Operating Expense-1,345,000
Operating Income1,629,0001,629,000
 
Operating Expense (+$)
Research Development882,000
Selling General Administrative226,137
Selling And Marketing Expenses236,443
Operating Expense1,345,0001,344,580
 
Net Interest Income (+$)
Interest Income25,813
Interest Expense-15,000
Other Finance Cost-5,631
Net Interest Income5,182
 
Pretax Income (+$)
Operating Income1,629,000
Net Interest Income5,182
Other Non-Operating Income Expenses-
Income Before Tax (EBT)1,596,0001,662,000
EBIT - interestExpense = 1,636,809
1,597,048
1,267,048
Interest Expense15,000
Earnings Before Interest and Taxes (EBIT)1,651,8091,611,000
Earnings Before Interest and Taxes (EBITDA)2,314,114
 
After tax Income (+$)
Income Before Tax1,596,000
Tax Provision-344,897
Net Income From Continuing Ops1,257,4571,251,103
Net Income1,252,048
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses4,341,000
Total Other Income/Expenses Net-33,000-5,182
 

Technical Analysis of Ferrari
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Ferrari. The general trend of Ferrari is BULLISH with 42.9% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Ferrari's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (42.9%) Bearish trend (-42.9%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Ferrari NV.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 389.30 < 403.83 < 404.80.

The bearish price targets are: 369.80 > 358.22 > 340.53.

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Ferrari NV Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Ferrari NV. The current mas is .

The long score for the Moving Averages is 10/14.
The longshort score for the Moving Averages is 6/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Ferrari NV Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Ferrari NV. The current macd is -0.81196318.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Ferrari price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Ferrari. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Ferrari price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Ferrari NV Daily Moving Average Convergence/Divergence (MACD) ChartFerrari NV Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Ferrari NV. The current adx is 17.11.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Ferrari shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.