RACE (Ferrari NV) Goodwill-to-Asset: 0.08 (As of Mar. 2026)

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RACE Ferrari NV RACE
94 GF Score
Price $360.14
GF Value $491.02
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Ferrari NV Goodwill-to-Asset?

Ferrari NV RACE +0.19% 94 Goodwill-to-Asset is 0.08 as of Mar. 2026. GuruFocus rates RACE with a GF Score™ of 94/100 and a GF Value™ of $491.02 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Ferrari NV's Goodwill for the quarter that ended in Mar. 2026 was $908 Mil. Ferrari NV's Total Assets for the quarter that ended in Mar. 2026 was $11,836 Mil. Therefore, Ferrari NV's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 was 0.08.


Ferrari NV  (NYSE:RACE) Goodwill-to-Asset Explanation

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Ferrari NV Goodwill-to-Asset Related Terms


Ferrari NV Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Ferrari NV's Goodwill-to-Asset 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 Goodwill-to-Asset Chart

Ferrari NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.10 0.10 0.08 0.08

Ferrari NV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Goodwill-to-Asset 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 0.08 0.08 0.08 0.08 0.08

RACE vs TSLA, GM, F: Goodwill-to-Asset Comparison

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

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

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


RACE
94GF Score
Ferrari NV RACE
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Ferrari NV Goodwill-to-Asset Calculation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Ferrari NV's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Goodwill to Asset (A: Dec. 2025 )=Goodwill/Total Assets
=919.417/11274.417
=0.08

Ferrari NV's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Goodwill to Asset (Q: Mar. 2026 )=Goodwill/Total Assets
=907.725/11835.902
=0.08

* 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 Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.08 mean?
Ferrari NV (RACE) has a Goodwill-to-Asset of 0.08 as of Mar. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Ferrari NV and its competitors.
Is Ferrari NV's Goodwill-to-Asset too high?
Ferrari NV's current Goodwill-to-Asset is 0.08. 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 Goodwill-to-Asset compare to TSLA and GM?
Ferrari NV's Goodwill-to-Asset of 0.08 can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for a Vehicles & Parts company?
A good Goodwill-to-Asset depends on the Vehicles & Parts industry context. However, Goodwill-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Ferrari NV and its competitors. Ferrari NV's current Goodwill-to-Asset is 0.08. 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 $491.02, compared to a current price of $360.14 — trading 26.7% below its estimated fair value. The current Goodwill-to-Asset is 0.08. 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 Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Ferrari NV (RACE), the current Goodwill-to-Asset is 0.08 as of Mar. 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 $360.14 is trading 26.7% below its estimated GF Value™ of $491.02. GuruFocus considers Ferrari NV to be Modestly Undervalued.

Key valuation signals for RACE:

  • Goodwill-to-Asset: 0.08
  • GF Value™: $491.02 vs. price of $360.14 (26.7% below fair value)
  • GF Score™: 94/100 with 2 warning signs

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

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

$360.14
Price
$491.02
GF Value