Ferrari NV Stock
€287.80
Your prediction
Ferrari NV Stock
Pros and Cons of Ferrari NV in the next few years
Pros
Cons
Performance of Ferrari NV vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Ferrari NV | 2.970% | -0.321% | -11.913% | -32.974% | -12.711% | 15.975% | 68.070% |
| Exor NV | 0.070% | 0.721% | -4.446% | -21.163% | -4.052% | -6.966% | 7.960% |
| Nexteer Automotive Group Ltd | -0.710% | -6.667% | -2.098% | 63.551% | -0.709% | 5.263% | -48.148% |
| Genuine Parts Corp | -0.170% | 4.316% | 14.225% | 7.279% | 14.279% | -22.492% | 47.612% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Upon initial examination, the financials of Ferrari with US symbol RACE from the Automobiles & Auto Parts industry indicate a promising outlook. The company's financial statements show consistent growth in assets and revenues, as well as stable cash flow management. However, a deeper analysis will reveal the pros and cons of the company's performance and areas where improvements might be necessary.
Growth in total assets and revenues: Over the past three years, Ferrari's total assets have grown consistently, from €6.26 billion in 2020 to €7.76 billion in 2022. This indicates that the company is investing in its growth, expanding production capabilities, and exploring new opportunities. Additionally, the revenues have shown a steady rise, highlighting the firm's ability to generate sales amidst market fluctuations.
Strong operating income: Ferrari's operating income has remained robust, demonstrating effective cost management and high operational efficiency. A higher operating income is vital for ensuring the company's long-term sustainability, as it allows for more significant reinvestment in the business.
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