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) Concall: Strong Q1 2025 And Margin Expansion

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

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

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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<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 Q3 FY25 revenue and earnings growth of 7% and 3% YoY, respectively (4% above analysts' estimates), due to better mix and personalization.</li>
<li>Management is confident it will meet its conservative (revised upwards in capital markets day) FY25 guidance, projecting baseline revenue and EPS growth of 6% and 4% YoY, respectively.</li>
<li>The stock trades at 38.4x FY25 PE and 22.4x 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, driven by its loyal customer base.</li>
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Ferrari N.V. (RACE US) reported Q3 FY25 revenue and earnings growth of 7% and 3% YoY, respectively (4% above analysts' estimates), due to better mix and personalization.
Management is confident it will meet its conservative (revised upwards in capital markets day) FY25 guidance, projecting baseline revenue and EPS growth of 6% and 4% YoY, respectively.
The stock trades at 38.4x FY25 PE and 22.4x EV-EBITDA. Ferrari N.V. (RACE US)  continues to maintain its unique pricing power, driven by its loyal customer base.


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