Ferrari NV
Ferrari N.V., through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide. The company offers sports, track, one-off, and road cars, as well as supercars. It also provides spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars; and licenses its Ferrari brand to various producers and ret… Read more
Ferrari NV (RACE) - Net Assets
Latest net assets as of September 2025: $3.78 Billion USD
Based on the latest financial reports, Ferrari NV (RACE) has net assets worth $3.78 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($9.48 Billion) and total liabilities ($5.70 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $3.78 Billion |
| % of Total Assets | 39.87% |
| Annual Growth Rate | 3.94% |
| 5-Year Change | 61.85% |
| 10-Year Change | N/A |
| Growth Volatility | 57.06 |
Ferrari NV - Net Assets Trend (2013–2024)
This chart illustrates how Ferrari NV's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ferrari NV (2013–2024)
The table below shows the annual net assets of Ferrari NV from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $3.54 Billion | +15.39% |
| 2023-12-31 | $3.07 Billion | +17.99% |
| 2022-12-31 | $2.60 Billion | +17.68% |
| 2021-12-31 | $2.21 Billion | +1.02% |
| 2020-12-31 | $2.19 Billion | +47.19% |
| 2019-12-31 | $1.49 Billion | +9.86% |
| 2018-12-31 | $1.35 Billion | +72.70% |
| 2017-12-31 | $783.94 Million | +137.70% |
| 2016-12-31 | $329.81 Million | +1799.76% |
| 2015-12-31 | $-19.40 Million | -100.78% |
| 2014-12-31 | $2.48 Billion | +7.00% |
| 2013-12-31 | $2.32 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ferrari NV's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 56.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.52 Billion | 99.56% |
| Common Stock | $2.57 Million | 0.07% |
| Other Comprehensive Income | $13.12 Million | 0.37% |
| Total Equity | $3.53 Billion | 100.00% |
Ferrari NV Competitors by Market Cap
The table below lists competitors of Ferrari NV ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Axis Bank Limited
F:UZC
|
$39.82 Billion |
|
Itaú Unibanco Holding S.A.
SA:ITUB3
|
$39.88 Billion |
|
CHINA PAC.IN.GR.GDR/5 YC1
F:75CB
|
$39.90 Billion |
|
PG&E Corp
NYSE:PCG
|
$39.92 Billion |
|
Ameriprise Financial Inc
NYSE:AMP
|
$39.77 Billion |
|
CBRE Group Inc Class A
NYSE:CBRE
|
$39.64 Billion |
|
Telstra Corporation Limited
PINK:TLGPY
|
$39.57 Billion |
|
eBay Inc
NASDAQ:EBAY
|
$39.55 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ferrari NV's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,060,888,000 to 3,533,946,000, a change of 473,058,000 (15.5%).
- Net income of 1,521,877,000 contributed positively to equity growth.
- Dividend payments of 439,918,000 reduced retained earnings.
- Share repurchases of 581,084,000 reduced equity.
- Other comprehensive income decreased equity by 51,778,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.52 Billion | +43.06% |
| Dividends Paid | $439.92 Million | -12.45% |
| Share Repurchases | $581.08 Million | -16.44% |
| Other Comprehensive Income | $-51.78 Million | -1.47% |
| Other Changes | $23.96 Million | +0.68% |
| Total Change | $- | 15.45% |
Book Value vs Market Value Analysis
This analysis compares Ferrari NV's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 17.14x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 27.77x to 17.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | $12.12 | $336.48 | x |
| 2014-12-31 | $13.07 | $336.48 | x |
| 2015-12-31 | $-0.13 | $336.48 | x |
| 2016-12-31 | $1.72 | $336.48 | x |
| 2017-12-31 | $4.10 | $336.48 | x |
| 2018-12-31 | $7.12 | $336.48 | x |
| 2019-12-31 | $7.90 | $336.48 | x |
| 2020-12-31 | $11.78 | $336.48 | x |
| 2021-12-31 | $11.94 | $336.48 | x |
| 2022-12-31 | $14.16 | $336.48 | x |
| 2023-12-31 | $16.86 | $336.48 | x |
| 2024-12-31 | $19.63 | $336.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ferrari NV utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 43.06%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.79%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 2.69x
- Recent ROE (43.06%) is above the historical average (41.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 10.52% | 10.31% | 0.60x | 1.70x | $11.82 Million |
| 2014 | 10.58% | 9.46% | 0.60x | 1.88x | $14.41 Million |
| 2015 | 0.00% | 10.08% | 0.74x | 0.00x | $290.33 Million |
| 2016 | 122.70% | 12.84% | 0.81x | 11.85x | $366.26 Million |
| 2017 | 68.76% | 15.67% | 0.83x | 5.32x | $457.53 Million |
| 2018 | 58.18% | 22.94% | 0.70x | 3.60x | $649.81 Million |
| 2019 | 46.97% | 18.47% | 0.69x | 3.68x | $547.69 Million |
| 2020 | 27.83% | 17.57% | 0.45x | 3.51x | $389.39 Million |
| 2021 | 37.66% | 19.45% | 0.62x | 3.11x | $610.18 Million |
| 2022 | 35.97% | 18.30% | 0.66x | 3.00x | $673.33 Million |
| 2023 | 40.90% | 20.97% | 0.74x | 2.63x | $945.96 Million |
| 2024 | 43.06% | 22.79% | 0.70x | 2.69x | $1.17 Billion |
Industry Comparison
This section compares Ferrari NV's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $23,464,126,061
- Average return on equity (ROE) among peers: -90.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ferrari NV (RACE) | $3.78 Billion | 10.52% | 1.51x | $39.81 Billion |
| Thunder Power Holdings, Inc. (AIEV) | $6.52 Million | -38.36% | 1.08x | $710.14K |
| Robo.ai Inc. (AIIO) | $138.98 Million | 0.40% | 0.00x | $23.12 Million |
| Aston Martin Lagonda Global Holdings plc (AMGDF) | $249.00 Million | -43.01% | 3.45x | $289.13 Million |
| Arrival (ARVLF) | $1.23 Billion | -106.38% | 0.44x | $803.89 |
| AYRO Inc (AYRO) | $3.04 Million | -525.91% | 0.85x | $4.36 Million |
| Bayerische Motoren Werke Aktiengesellschaft (BAMXF) | $92.92 Billion | 12.15% | 1.70x | $29.09 Billion |
| BAIC Motor Corporation Limited (BCCMY) | $79.38 Billion | 3.82% | 1.13x | $1.88 Billion |
| Bollinger Innovations, Inc. (BINI) | $9.04 Million | -146.60% | 1.53x | $1.33K |
| BYD Company Limited (BYDDF) | $60.69 Billion | 4.58% | 2.21x | $112.14 Billion |
| Cenntro Electric Group Ltd (CENN) | $7.87 Million | -65.67% | 1.89x | $8.60 Million |