Ferrari NV RACE
Business model holds this up; Valuation is the soft spot.
| Moat | 9.0 |
| Management | 9.0 |
| Valuation | 5.0 |
| Risk · 10 = lowest | 9.0 |
| Business model | 10.0 |
| Optionality | 8.0 |
The price needs 23.0% growth a year for ten years. The AI thinks 6.0% is achievable.
Ferrari's scarcity moat and lifestyle catalysts support sustainable 6% growth, far below 23% FCF-required CAGR; supercar TAM limits feasibility despite elite quality justifying some premium.
Ferrari N.V., through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide. It offers sports, track, one-off, and road cars, as well as supercars. The company also provides spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars; and licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods. In addition, it operates Ferrari museums in Modena and Maranello; Il Cavallino restaurant in Maranello; and theme parks in Abu Dhabi and Spain. Further, the company provides direct or indirect finance and leasing services; range of financial and ancillary services; special financing arrangements; and operates franchised and owned Ferrari stores. The company was founded in 1947 and is headquartered in Maranello, Italy.
Write why this business works, set your own fair value, and let the briefing speak only when a rule you wrote is crossed.
Start the thirty days · no card