RACE
🏎️ Ferrari leverages its Formula 1 prestige to enhance its high-end models.
🌱 The company is innovating with hybrid engines and electric components, maintaining its pioneering status.
📈 Ferrari has demonstrated solid growth, with a 43% increase in operating margin (EBIT) in just two years.
💰 The dividend has increased by over 40% in the last three years, although the yield remains low at around 0.6%.
@rankia:
“Ferrari is not only the second largest company in Italy, but it is also known for its legendary prancing horse and its automotive tradition in Formula 1. In recent years, they have successfully transferred the prestige of the competition to high-end models. The result maintains the air of exclusivity that characterizes them. In terms of numbers, Ferrari has demonstrated quite solid growth. Its operating margin, what we usually call EBIT, has grown by 43% in just two years, and its free cash flow has doubled in just three. Although its profitability is low, little more than 0.6%, in the last three years, they have increased that dividend by more than 40%, and its payout ratio is around 30%.”
Watch the exact part of the video where José talks about Ferrari here:
Watch the video on YouTube.
Read more articles by the world’s top 100 analysts on Ferrari (RACE) at the following link. RACE stock.
