Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ferrari NV's Enterprise Value is $77,177 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 ratio for today is 43.92.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Ferrari NV's Enterprise Value is $77,177 Mil.
Ferrari NV's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $2,471 Mil. Therefore, Ferrari NV's EV-to-EBITDA ratio for today is 31.23.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Ferrari NV's Enterprise Value is $77,177 Mil.
Ferrari NV's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $6,436 Mil. Therefore, Ferrari NV's EV-to-Revenue ratio for today is 11.99.
Ferrari NV Enterprise Value Historical Data
The historical data trend for Ferrari NV's Enterprise Value 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.
Competitive Comparison of Ferrari NV's Enterprise Value
For the Auto Manufacturers subindustry, Ferrari NV's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Ferrari NV's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Ferrari NV's Enterprise Value falls into.
Ferrari NV Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Ferrari NV's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as
* 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) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Ferrari NV's current Enterprise Value is $77,177 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.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Ferrari NV's current Enterprise Value is $77,177 Mil.
Ferrari NV's EBITDA 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 $2,471 Mil.
Ferrari NV's current Enterprise Value is $77,177 Mil.
Ferrari NV's Revenue 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 $6,436 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 Enterprise Value Related Terms
Thank you for viewing the detailed overview of Ferrari NV's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
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%.
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