Ferrari is circa 30 % overvalued, according to Wolfteam Ltd.'s projections and estimates.
Ferrari is trading under the ticker BIT: RACE on the Italian stock exchange and is valued currently at circa 74 billion EURs.
The market is implying too high both growth and profitability rates for Ferrari, if it is too substantiate its current market capitalization. Back of the napkin calculations show that Ferrari has to achieve around 25 % revenue growth year on year and net profit margin of 23.5 % in the next 7 years to justify its market capitalization. This compares to Ferrari's current yearly revenue growth rate of 18 % and yearly net profit margin of 20.97 % for the calendar 2023.
The above market assumptions seem very optimistic, in Wolftteam Ltd.'s view.
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