Ferrari NVRACE +1.23%94 3-Year ROIIC % is 33.83 as of Dec. 2025, which is 56% above its 10-year median of 21.68. GuruFocus rates RACE with a GF Score™ of 94/100 and a GF Value™ of $490.84 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,257 Vehicles & Parts companies, Ferrari NV ranks better than 82.5% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Ferrari NV's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 33.83%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Ferrari NV's 3-Year ROIIC % or its related term are showing as below:
RACE's 3-Year ROIIC % is ranked better than 82.5% of 1257
companies
in the Vehicles & Parts industry
Industry Median: 4.12
vs RACE: 33.83
Ferrari NV (NYSE:RACE) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Ferrari NV 3-Year ROIIC % Related Terms
Ferrari NV 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Ferrari NV's 3-Year ROIIC % 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 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Ferrari NV's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Ferrari NV's 3-Year ROIIC % 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Ferrari NV (RACE) has a 3-Year ROIIC % of 33.83 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Ferrari NV and its competitors. This is 56% above median its historical median of 21.68. According to the industry distribution chart, Ferrari NV ranks #220 out of 1257 companies in the Vehicles & Parts industry, placing it in the top 17.5%.
Is Ferrari NV's 3-Year ROIIC % too high?
Ferrari NV's current 3-Year ROIIC % of 33.83 is 56% above median its 10-year median of 21.68. The Vehicles & Parts industry median 3-Year ROIIC % is 4.12. Ferrari NV's value of 33.83 is 721.1% above this industry median. Based on the distribution chart, Ferrari NV ranks #220 out of 1257 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 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ferrari NV's 3-Year ROIIC % compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Ferrari NV ranks #220 out of 1257 companies for 3-Year ROIIC %. This places Ferrari NV in the top 18% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 4.12. Ferrari NV's value of 33.83 is 721.1% above this benchmark. While the company's 10-year median is 21.68 vs. the industry median of 4.12, 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 3-Year ROIIC % for a Vehicles & Parts company?
The median 3-Year ROIIC % among Vehicles & Parts companies is 4.12, based on 1,257 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ferrari NV's current 3-Year ROIIC % of 33.83 is 721.1% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Ferrari NV and its competitors. For the Vehicles & Parts industry, the median 3-Year ROIIC % is 4.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ferrari NV's current 3-Year ROIIC % is 33.83, which is 56% above median its own 10-year median of 21.68. 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 $490.84, compared to a current price of $372.86 — trading 24% below its estimated fair value. The current 3-Year ROIIC % is 33.83, which is 56% above median its 10-year median of 21.68 and 721.1% above the Vehicles & Parts industry median of 4.12. 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 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Ferrari NV (RACE), the current 3-Year ROIIC % is 33.83 as of Dec. 2025. 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 $372.86 is trading 24% below its estimated GF Value™ of $490.84.
GuruFocus considers Ferrari NV to be Modestly Undervalued.
Key valuation signals for RACE:
3-Year ROIIC %: 33.83 (56% above median its 10-year median of 21.68)
GF Value™: $490.84 vs. price of $372.86 (24% below fair value)
Industry Position: 721.1% above the Vehicles & Parts median (#220 of 1257)
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 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%.
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