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Ferrari N.V. (NYSE: RACE) – Is this large market cap stock undervalued?

Ferrari N.V. (NYSE: RACE), is firmly in the large market cap category with market cap of 10044.9. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for Ferrari N.V. is 52.68 (with a change from open of -0.40%), this in conjunction with a target price of 50.17. Volume today has so far reached 694364, with an average volume of about 453.7. The GAP for this stock, is -1.16%.

The P/E ratio is 28.06, bringing the forward P/E to a value of 25.47. The current EPS for Ferrari N.V., is 1.91, with a EPS growth for this year coming to a value of 10.10%. Performance has been interesting with performance year to date coming to 12.90%.

Looking further into the growth statistics for Ferrari N.V., EPS is looking like it will grow 10.06% in the next year. Looking even further it is projected to be 16.40%. Quarter over quarter is 29.70% for EPS growth and for sales growth quarter over quarter it is 5.90%. Looking at past EPS growth statistics we see that for the past five years it has been *TBA. Sales growth for the past five years has in fact been *TBA.

Looking at the ownership, we see that the insider ownership is at *TBA and institutional ownership is 57.70%. Shares outstanding is 187.72, while shares float is at a value of 168.57. Float short for Ferrari N.V. is 2.71% and the short ratio is 10.06.

In terms of debt, long term debt/equity is 23.38, while the total debt/equity comes to 0. The ability to meet these debts, means that the current ratio is 1.8, and the quick ratio is 1.5. The most recent gross margin is 48.20% and their operating margin is 16.70%. The profit margin is 10.90%.

Ferrari N.V. has seen returns on assets of 7.50%, and on investment, 13.40%. Return on equity is 45.00%. Price/Earnings to growth ratio is 1.71. Price/Sales ratio is at a value of 3.05, with Price/book ratio coming to 84.94 and Price/cash is 15.26, and finally Price/Free cash Flow is 40.39.

The simple moving averages are 6.77% and 21.40% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -12.50% and the 52 week low is 68.51%.

Ferrari N.V. has a dividend yield of 0.95%, with a current price of 52.68. The ability to pay this means the payout ratio is 0.00%. This is in an industry, Auto Manufacturers – Major, with equally high dividends from other companies in this sector, which it is Consumer Goods. Ferrari N.V. is based in Italy.

Performance in the Auto Manufacturers – Major industry means that Ferrari N.V. has seen performance for the past week of -0.24%, with performance for the month coming to 12.46%. Looking at the data for the quarter it is at a value of 24.99%, and for the half year the performance is *TBA. Volatility for this week is 1.05% and for the month this is 1.29%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Peter Clarke

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