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Ferrari NV (Ferrari NV) EV-to-EBIT : 43.20 (As of Apr. 26, 2024)


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What is Ferrari NV EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ferrari NV's Enterprise Value is $75,900 Mil. Ferrari NV's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,757 Mil. Therefore, Ferrari NV's EV-to-EBIT for today is 43.20.

The historical rank and industry rank for Ferrari NV's EV-to-EBIT or its related term are showing as below:

RACE' s EV-to-EBIT Range Over the Past 10 Years
Min: 17.66   Med: 31.54   Max: 52.61
Current: 43.2

During the past 12 years, the highest EV-to-EBIT of Ferrari NV was 52.61. The lowest was 17.66. And the median was 31.54.

RACE's EV-to-EBIT is ranked worse than
89.77% of 1046 companies
in the Vehicles & Parts industry
Industry Median: 12.495 vs RACE: 43.20

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ferrari NV's Enterprise Value for the quarter that ended in Dec. 2023 was $62,541 Mil. Ferrari NV's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,757 Mil. Ferrari NV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.81%.


Ferrari NV EV-to-EBIT Historical Data

The historical data trend for Ferrari NV's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ferrari NV EV-to-EBIT Chart

Ferrari NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.98 50.49 40.45 31.46 34.58

Ferrari NV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.46 35.88 39.09 33.54 34.58

Competitive Comparison of Ferrari NV's EV-to-EBIT

For the Auto Manufacturers subindustry, Ferrari NV's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ferrari NV's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ferrari NV's EV-to-EBIT falls into.



Ferrari NV EV-to-EBIT Calculation

Ferrari NV's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=75900.493/1757.112
=43.20

Ferrari NV's current Enterprise Value is $75,900 Mil.
Ferrari NV's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,757 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ferrari NV  (NYSE:RACE) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Ferrari NV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=1757.112/62541.27474
=2.81 %

Ferrari NV's Enterprise Value for the quarter that ended in Dec. 2023 was $62,541 Mil.
Ferrari NV's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,757 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ferrari NV EV-to-EBIT 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%.

Ferrari NV (Ferrari NV) Headlines