RA

Ferrari NVNYSE RACE Stock Report

Last reporting period 30 Sep, 2024

Updated 13 Nov, 2024

Last price

Market cap $B

86.129

Mega

Exchange

XNYS - New York Stock Exchange, Inc

View Section: Eyestock Rating

Ferrari Fair Value

RA

The fair market value of RACE stock is 349.33 USD. Relative to the market price of 439.24 USD Ferrari is overvalued by 20.5%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Greatly overvalued 20.5%
349.33 USD
RACE Fair Value
439.24 USD
Market price of RACE

Ferrari Valuation

Current RACE share ticker price is 439.24 USD.

The fair value level of 349.33 USD can be considered as an effective entry point for long-term investors to start investing in RACE stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 20% higher its fair value

Min value

Current price is 34% higher its minimum value

Max value

Current price is 1% higher its maximum value

23.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

RACE stock is greatly overvalued

It means the current price may concern as a High Risk Entry Point

Ferrari NV Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

59.54

2

Median P/E over 5 years

48.05

3

Minimum P/E over 5 years

40.04

4

Earning per share (last 12 months)

6.97 EUR

Maximum value

1

x

4

=

432.91 USD

Fair value

2

x

4

=

349.33 USD

Minimum value

3

x

4

=

291.14 USD

Ferrari NV price metrics

22.49

Annual return (geometric mean)

26.77

Risk (standard deviation) of returns

β

0.98

Beta (volatility compared to market)

It means that RACE stock is less volatile than the broader market

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View Section: Profitability