Ferrari NVFRA:2FE -0.87%91 ROA % is 16.63% as of Mar. 2026, which is 24% above its 10-year median of 13.46. GuruFocus rates FRA:2FE with a GF Score™ of 91/100 and a GF Value™ of €432.69 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,336 Vehicles & Parts companies, Ferrari NV ranks better than 96.63% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Ferrari NV's annualizedNet Income for the quarter that ended in Mar. 2026 was €1,651 Mil.
Ferrari NV's average Total Assets over the quarter that ended in Mar. 2026 was €9,933 Mil. Therefore, Ferrari NV's annualized ROA % for the quarter that ended in Mar. 2026 was 16.63%.
The historical rank and industry rank for Ferrari NV's ROA % or its related term are showing as below:
FRA:2FE'
s ROA % Range Over the Past 10 Years
Min: 10.32 Med: 13.46 Max: 17.45
Current: 16.34
During the past 13 years, Ferrari NV's highest ROA % was 17.45%. The lowest was 10.32%. And the median was 13.46%.
FRA:2FE's ROA % is ranked better than 96.63% of 1336
companies
in the Vehicles & Parts industry
Industry Median: 2.95
vs FRA:2FE: 16.34
Ferrari NV (FRA:2FE) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Ferrari NV ROA % Related Terms
Ferrari NV ROA % Historical Data
* Premium members only.
The historical data trend for Ferrari NV's ROA % 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.
For the Auto Manufacturers subindustry, Ferrari NV's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Ferrari NV's ROA % distribution charts can be found below:
* The bar in red indicates where Ferrari NV's ROA % falls into.
* 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.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Ferrari NV (FRA:2FE) has a ROA % of 16.63% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Ferrari NV and its competitors. This is 24% above median its historical median of 13.46. Over the past decade, Ferrari NV's ROA % has ranged from 10.32 to 17.45. According to the industry distribution chart, Ferrari NV ranks #45 out of 1336 companies in the Vehicles & Parts industry, placing it in the top 3.4%.
Is Ferrari NV's ROA % too high?
Ferrari NV's current ROA % of 16.63% is 24% above median its 10-year median of 13.46. Over the past 10 years, this metric has ranged from a low of 10.32 to a high of 17.45. The Vehicles & Parts industry median ROA % is 2.95. Ferrari NV's value of 16.63% is 463.7% above this industry median. Based on the distribution chart, Ferrari NV ranks #45 out of 1336 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Ferrari NV has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ferrari NV's ROA % compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Ferrari NV ranks #45 out of 1336 companies for ROA %. This places Ferrari NV in the top 3% of its industry — outperforming the majority of peers. The industry median ROA % is 2.95. Ferrari NV's value of 16.63% is 463.7% above this benchmark. Historically, Ferrari NV's own ROA % has ranged from 10.32 to 17.45 over the past decade. While the company's 10-year median is 13.46 vs. the industry median of 2.95, 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 ROA % for a Vehicles & Parts company?
The median ROA % among Vehicles & Parts companies is 2.95, based on 1,336 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ferrari NV's current ROA % of 16.63% is 463.7% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Ferrari NV and its competitors. For the Vehicles & Parts industry, the median ROA % is 2.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ferrari NV's current ROA % is 16.63%, which is 24% above median its own 10-year median of 13.46. 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 (FRA:2FE) is currently considered Significantly Undervalued. The stock's GF Value™ is €432.69, compared to a current price of €302.50 — trading 30.1% below its estimated fair value. The current ROA % is 16.63%, which is 24% above median its 10-year median of 13.46 and 463.7% above the Vehicles & Parts industry median of 2.95. Ferrari NV's overall GF Score™ is 91/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Ferrari NV (FRA:2FE), the current ROA % is 16.63% 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 (FRA:2FE) Overvalued in 2026?
Based on GuruFocus' analysis, Ferrari NV stock appears to be undervalued.
The current stock price of €302.50 is trading 30.1% below its estimated GF Value™ of €432.69.
GuruFocus considers Ferrari NV to be Significantly Undervalued.
Key valuation signals for FRA:2FE:
ROA %: 16.63% (24% above median its 10-year median of 13.46)
GF Value™: €432.69 vs. price of €302.50 (30.1% below fair value)
Industry Position: 463.7% above the Vehicles & Parts median (#45 of 1336)
No single metric tells the full story. See the FRA:2FE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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%.
91GF Score
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