Ferrari - Price to Earnings vs. Free Cash Flow

Ferrari stock traded at EUR 147 per share at the end 2019 translating into a market capitalization of USD 30,505 mil. Since the end of 2014, the stock has appreciated by 174% representing an annual average growth of 22.4%.

At the end of 2019, the firm traded at price to earnings of 39.1x. Over the last five years, this multiple achieved a high of 39.1x in 2019 and a low of 20.5x in 2018 with an average of 30.0x.

Regarding cash generated defined by the sum of net profit and depreciation, the stock traded at 30.6x at the end of 2019. When investments are excluded to get free cash flow, Ferrari traded at 44.9x.

At the end of 2019, the company had a net debt of EUR 1,192 mil, or 1.07x of EBITDA and 80.1% of equity. The firm generated an average return on equity of 99.8% for its shareholders in the last five years and an average dividend yield of 0.799%.

You can see all the company’s data at Ferrari profile, or you can download a report on the company in the report section.