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Valuation Estimation |
EPS (Current/Estimated)
8.46/11.28
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Enterprise Value
81.96B
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Balance Sheet |
Book Value Per Share
21.49
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Cash Flow |
Cash Flow Yield
0.03
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Income Statement |
Total Revenue
6.68B
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Operating Revenue Per Share
34.55
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Industry Comparison
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Business Description
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Ferrari designs, engineers, and manufactures some of the world's most expensive luxury cars. With supply carefully controlled to be below demand and a brand steeped in decades of motor racing history, a Ferrari is viewed as a status symbol. In 2023, the company sold 13,663 vehicles at an average price over EUR 400,000 with more than 70% of its vehicles being sold to existing Ferrari clients. Eighty-six percent of revenue is generated from the sale of cars and spare parts and 10% from sponsorship, commercial, and brand activities including racing and lifestyle activities. In 2023, the Europe, Middle East, and Africa region accounted for 48% of revenue, the Americas was 30%, mainland China, Hong Kong, and Taiwan was 10%, and the rest of Asia was 13%. |