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): Deceleration in Q2 FY25, But Confident On Future Growth

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

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

Ferrari (RACE US) The Classic Fisher Stock Q3 2023: Stellar, No Slowdown Here

Ferrari Q1 FY24: Another Beat, Conservative Guidance And High-Quality Growth

Ferrari Q4 2023: Just Killing It! No Slowdown in Ultra High-End Luxury

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

<ul>
<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 Q4 FY24 revenue and earnings growth of 14% and 32%, exceeding analyst profit estimates by 14% 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, consistent with Ferrari's conservative historical approach to guidance.</li>
<li>The stock trades at 47x FY25 PE and 26x EV-EBITDA. With 81% repeat customers and 48% multiple owners, Ferrari is expected to sustain pricing power and grow high-margin revenues.</li>
</ul>



Ferrari N.V. (RACE US) reported Q4 FY24 revenue and earnings growth of 14% and 32%, exceeding analyst profit estimates by 14% due to improved product mix and pricing.
Management provided conservative guidance for FY25, projecting baseline revenue and EPS growth of 5% and 2% YoY, consistent with Ferrari's conservative historical approach to guidance.
The stock trades at 47x FY25 PE and 26x EV-EBITDA. With 81% repeat customers and 48% multiple owners, Ferrari is expected to sustain pricing power and grow high-margin revenues.


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