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Ferrari NV (Ferrari NV) 3-Year FCF Growth Rate : 88.50% (As of Dec. 2023)


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What is Ferrari NV 3-Year FCF Growth Rate?

Ferrari NV's Free Cash Flow per Share for the three months ended in Dec. 2023 was $1.28.

During the past 12 months, Ferrari NV's average Free Cash Flow per Share Growth Rate was 42.80% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 88.50% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 22.10% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 13.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 12 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Ferrari NV was 88.50% per year. The lowest was -21.30% per year. And the median was 19.80% per year.


Competitive Comparison of Ferrari NV's 3-Year FCF Growth Rate

For the Auto Manufacturers subindustry, Ferrari NV's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ferrari NV's 3-Year FCF Growth Rate Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ferrari NV's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Ferrari NV's 3-Year FCF Growth Rate falls into.



Ferrari NV 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.


Ferrari NV  (NYSE:RACE) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.


Ferrari NV 3-Year FCF Growth Rate Related Terms

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Ferrari NV (Ferrari NV) Business Description

Address
Via Abetone Inferiore n. 4, Maranello, ITA, I-41053
Ferrari engineers and manufactures some of the world's most expensive exotic sports cars. The Ferrari brand is synonymous with Formula One racing, exclusivity, Italian design, and state-of-the-art technology. Ferrari also has a captive finance company that provides funding for dealers and clients. In 2022, Europe, Middle East, and Africa accounted for 48% of revenue, the Americas was 28%, China was 12%, and the rest of Asia was 12%.