Equity, Bottom-up Analyst, Investics Research

Sameer Taneja

A buy-side analyst with over 18 years of experience investing in Asian markets and specializing in the mid-small cap space, emphasizing value investing in companies with good free cash flows/dividends and long-term holding horizons. 
Exempt Financial Adviser (EFA) under CrossASEAN Research Pte Ltd. It is important to note that the information provided by Investics Research is based on publicly available data and own knowledge, which has been gathered and analyzed from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions. All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include but are not limited to, company announcements, exchange filings, presentations, etc. Investics does not guarantee the accuracy and completeness of the forecasts, estimates, and/or other information.

Equity, Bottom-up Analyst

Ferrari (RACE US): Deceleration in Q2 FY25, But Confident On Future Growth

Ferrari (RACE US) Q3 FY25: Beat + Revision Of Guidance Upwards

Ferrari (RACE US): Strong Finish to FY24 Positions Company Well for a Promising FY25

Ferrari (RACE US) Q3 2024: Growth Trajectory Intact, Share Price Correction An Opportunity

Ferrari: Classic Fisher Company, Almost Perfect Score on The Fisher 15 Framework

Ferrari (RACE US) Q2 2024: Margin Uptrend Continues, No Demand Weakness

Investics Research

It is important to note that the information provided by Investics Research is based on publicly available data and own knowledge, which has been gathered and analyzed from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions. All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include but are not limited to, company announcements, exchange filings, presentations, etc. Investics does not guarantee the accuracy and completeness of the forecasts, estimates, and/or other information.

Equity Bottom-up Research

Equity Bottom-Up

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<li>
<a href="https://www.smartkarma.com/entities/ferrari-n-v" target="_blank" data-smartkarma-citation="entities:21010:1" rel="noopener">Ferrari N.V. (RACE US)</a>  reported Q1 FY25 revenue and earnings growth of 13% and 17%, (inline with analysts estimates) due to improved product mix and pricing.</li>
<li>Management provided conservative guidance for FY25, projecting baseline revenue and EPS growth of 5% and 2% YoY, citing a 50 bps risk on margin owing to the trade wars. </li>
<li>The stock trades at 46.8x FY25 PE and 27x EV-EBITDA. <a href="https://www.smartkarma.com/entities/ferrari-n-v" target="_blank" data-smartkarma-citation="entities:21010:1" rel="noopener">Ferrari N.V. (RACE US)</a> continues to maintain its unique pricing power position due to its loyal customer base. </li>
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Ferrari N.V. (RACE US)  reported Q1 FY25 revenue and earnings growth of 13% and 17%, (inline with analysts estimates) due to improved product mix and pricing.
Management provided conservative guidance for FY25, projecting baseline revenue and EPS growth of 5% and 2% YoY, citing a 50 bps risk on margin owing to the trade wars. 
The stock trades at 46.8x FY25 PE and 27x EV-EBITDA. Ferrari N.V. (RACE US) continues to maintain its unique pricing power position due to its loyal customer base. 


Ferrari (RACE US) Concall: Strong Q1 2025 And Margin Expansion