RACE (Ferrari NV) EV-to-OCF: 24.38 (As of Jul. 19, 2026) — 16% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

RACE Ferrari NV RACE
94 GF Score
Price $376.83
GF Value $504.50
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Ferrari NV EV-to-OCF?

Ferrari NV RACE -1.50% 94 EV-to-OCF is 24.38 as of Jul. 19, 2026, which is 16% below its 10-year median of 29.19. GuruFocus rates RACE with a GF Score™ of 94/100 and a GF Value™ of $504.50 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,329 Vehicles & Parts companies, Ferrari NV ranks worse than 81.11% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Ferrari NV's Enterprise Value is $67,085 Mil. Ferrari NV's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $2,752 Mil. Therefore, Ferrari NV's EV-to-OCF for today is 24.38.

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

RACE' s EV-to-OCF Range Over the Past 10 Years
Min: 11.88   Med: 29.19   Max: 46.09
Current: 24.9

During the past 13 years, the highest EV-to-OCF of Ferrari NV was 46.09. The lowest was 11.88. And the median was 29.19.

RACE's EV-to-OCF is ranked worse than
81.11% of 1329 companies
in the Vehicles & Parts industry
Industry Median: 8.27 vs RACE: 24.90

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-07-19), Ferrari NV's stock price is $376.83. Ferrari NV's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $10.457. Therefore, Ferrari NV's PE Ratio (TTM) for today is 36.04.


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

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Ferrari NV's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=376.83/10.457
=36.04

Ferrari NV's share price for today is $376.83.
Ferrari NV's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $10.457.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Ferrari NV EV-to-OCF Related Terms


Ferrari NV EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Ferrari NV's EV-to-OCF 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.

Ferrari NV EV-to-OCF Chart

Ferrari NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.61 26.97 32.87 39.16 24.65

Ferrari NV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-OCF 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 31.43 32.28 32.12 24.65 22.01

RACE vs TSLA, GM, F: EV-to-OCF Comparison

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

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

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


RACE
94GF Score
Ferrari NV RACE
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ferrari NV EV-to-OCF Calculation

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=67084.675/2752.052
=24.38

Ferrari NV's current Enterprise Value is $67,085 Mil.
Ferrari NV's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,752 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 24.38 mean?
Ferrari NV (RACE) has a EV-to-OCF of 24.38 as of Jul. 19, 2026. This is 16% below median its historical median of 29.19. Over the past decade, Ferrari NV's EV-to-OCF has ranged from 11.88 to 46.09. According to the industry distribution chart, Ferrari NV ranks #1078 out of 1329 companies in the Vehicles & Parts industry, placing it in the top 81.1%.
Is Ferrari NV's EV-to-OCF too high?
Ferrari NV's current EV-to-OCF of 24.38 is 16% below median its 10-year median of 29.19. Over the past 10 years, this metric has ranged from a low of 11.88 to a high of 46.09. The Vehicles & Parts industry median EV-to-OCF is 8.27. Ferrari NV's value of 24.38 is 194.8% above this industry median. Based on the distribution chart, Ferrari NV ranks #1078 out of 1329 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Ferrari NV has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ferrari NV's EV-to-OCF compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Ferrari NV ranks #1078 out of 1329 companies for EV-to-OCF. This places Ferrari NV in the lower half of its industry. The industry median EV-to-OCF is 8.27. Ferrari NV's value of 24.38 is 194.8% above this benchmark. Historically, Ferrari NV's own EV-to-OCF has ranged from 11.88 to 46.09 over the past decade. While the company's 10-year median is 29.19 vs. the industry median of 8.27, Ferrari NV has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Vehicles & Parts company?
The median EV-to-OCF among Vehicles & Parts companies is 8.27, based on 1,329 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ferrari NV's current EV-to-OCF of 24.38 is 194.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Vehicles & Parts industry, the median EV-to-OCF is 8.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ferrari NV's current EV-to-OCF is 24.38, which is 16% below median its own 10-year median of 29.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferrari NV stock overvalued right now?
Based on GuruFocus' analysis, Ferrari NV (RACE) is currently considered Modestly Undervalued. The stock's GF Value™ is $504.50, compared to a current price of $376.83 — trading 25.3% below its estimated fair value. The current EV-to-OCF is 24.38, which is 16% below median its 10-year median of 29.19 and 194.8% above the Vehicles & Parts industry median of 8.27. Ferrari NV's overall GF Score™ is 94/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Ferrari NV (RACE), the current EV-to-OCF is 24.38 as of Jul. 19, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ferrari NV (RACE) Overvalued in 2026?

Based on GuruFocus' analysis, Ferrari NV stock appears to be undervalued. The current stock price of $376.83 is trading 25.3% below its estimated GF Value™ of $504.50. GuruFocus considers Ferrari NV to be Modestly Undervalued.

Key valuation signals for RACE:

  • EV-to-OCF: 24.38 (16% below median its 10-year median of 29.19)
  • GF Value™: $504.50 vs. price of $376.83 (25.3% below fair value)
  • GF Score™: 94/100 with 2 warning signs
  • Industry Position: 194.8% above the Vehicles & Parts median (#1078 of 1329)

No single metric tells the full story. See the RACE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ferrari NV Business Description

Address Via Abetone Inferiore n. 4, Maranello, ITA, I-41053
Ferrari designs, engineers, and manufactures some of the world's most expensive luxury cars. With supply carefully controlled to be below demand and a brand steeped in decades of motor racing history, a Ferrari is viewed as a status symbol. In 2025, the company sold 13,640 vehicles at an average price over EUR 520,000 with more than 80% of its vehicles being sold to existing Ferrari clients. Eighty-four percent of revenue is generated from the sale of cars and spare parts and 10% from sponsorship, commercial, and brand activities including racing and lifestyle activities. In 2025, the Europe, Middle East, and Africa region accounted for 49% of revenue, the Americas was 32%, mainland China, Hong Kong, and Taiwan was 7%, and the rest of Asia was 12%.
94GF Score

Get the complete analysis for RACE

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$376.83
Price
$504.50
GF Value