bullish

Ferrari N.V.

Ferrari Q4 2023: Just Killing It! No Slowdown in Ultra High-End Luxury

529 Views02 Feb 2024 11:19
Trading at 48x/41x FY24e/25e, Ferrari is expensive, but growth of 10-15% at >25% ROCE + margin accretion will aid the company in holding on to its multiple. We share highlights from FY23 results.
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