Employees: 2,173
Size Ferrari (FERGR.AS) is a Netherlands Industrials company (Air Freight/Couriers) with a market value of $780M, the 51st largest of 61 Netherlands companies the cockpit tracks. Shares closed at €7.62 on 6 Nov 2026.
Performance Over six months the shares fell 3.5%, against -4.1% for the median peer and +0.4% for the Netherlands market (cap-weighted) — 10th highest of 20 in its peer set.
Growth Revenue grew 3.3% over the last twelve months (peer median +6.8%); the operating margin is 16.6% (peer median 7.3%).
Valuation It trades at 12.8× forward earnings against a peer median of 14.1× (6th cheapest of 15).
Price implies For today's price to make sense, revenue must grow about -3% a year for seven years (Req g). Recent delivered growth is +5%, so the hurdle is -8 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 19.8 points above its cost of capital (7.8% WACC).
Next results Next results expected around 3 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €367M | €359M | €349M | €333M | €310M |
| Revenue growth | — | +3% | +5% | +7% | — |
| Gross profit | €66.5M | €63.2M | €73.0M | €77.4M | €74.3M |
| EBITDA | €84.4M | €65.4M | €84.7M | €86.0M | €78.2M |
| Net income | €61.7M | €50.7M | €55.5M | €52.9M | €52.8M |
| Free cash flow | €62.1M | €69.1M | €54.0M | €56.7M | €64.2M |
| Capital expenditure | €19.3M | €19.0M | €17.4M | €14.6M | €7.01M |
| Total debt | n/a | €44.9M | €37.8M | €32.9M | €34.9M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | FERGR.AS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +1.9% | -2.3% | 8th highest of 21 |
| 6-month return | -3.5% | -4.1% | 10th highest of 20 |
| Distance from 52-week high | -32.3% | -21.5% | 8th lowest of 21 |
| Revenue growth (TTM) | +3.3% | +6.8% | 9th lowest of 21 |
| Operating margin | 16.6% | 7.3% | 5th highest of 20 |
| Forward P/E | 12.8× | 14.1× | 6th cheapest of 15 |
| Growth the price implies (Req g, 7 yrs) | -2.7% | 3.2% | 5th least demanding of 16 |
| Growth delivered (Del g) | +5.0% | +9.7% | 5th lowest of 16 |
| Hurdle (Req g minus delivered) | -7.7 pp | -8.9 pp | 8th most demanding of 16 |
| ROIC minus cost of capital | +19.8 pp | -0.5 pp | highest of 20 |
| EV / EBITDA | 7.5× | 8.6× | 6th cheapest of 11 |
| Net debt / EBITDA | -0.9× | 1.0× | 2nd least indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Ferrari FERGR.AS | Netherlands | $780M | -4% | +3% | 17% | 12.8× | -2.7% | +5.0% |
| Shenzhen Feima International Supply Chain 002210.SZ | China | $768M | -36% | +116% | 11% | n/a | 34.5% | +1.5% |
| Hamakyorex 9037.T | Japan | $808M | -2% | +9% | 10% | 11.4× | -9.0% | +5.5% |
| Shenzhen Easttop Supply Chain Management 002889.SZ | China | $845M | +14% | -35% | 6% | n/a | 12.0% | +6.7% |
| Friend 605050.SS | China | $709M | -24% | +4% | 4% | 10.1× | n/a | n/a |
| Hengtong Logistic 603223.SS | China | $870M | -9% | +2% | 30% | 15.5× | -9.5% | -24.6% |
| Swedish Logistic Property SLP-B.ST | Sweden | $876M | -9% | +27% | 86% | 14.2× | 11.6% | +60.3% |
| Orient International Enterprise 600278.SS | China | $919M | +1% | -12% | 1% | n/a | n/a | n/a |
| Hangzhou SF Intra-city Industrial 9699.HK | Hong Kong | $941M | -24% | +32% | 1% | 13.3× | 5.9% | +35.5% |
| China Master Logistics 603967.SS | China | $644M | -11% | +11% | 4% | 13.9× | -12.1% | +11.4% |
| Konoike Transport 9025.T | Japan | $973M | +2% | +1% | 6% | 10.9× | -12.5% | +4.0% |
| Cargojet CJT.TO | Canada | $1.00B | +15% | +1% | 10% | 23.4× | 12.4% | +8.2% |
| LEAP India LEAPIND.NS | India | $569M | n/a | +56% | 27% | n/a | n/a | n/a |
| Xiamen Xinde 000701.SZ | China | $568M | -3% | -22% | n/a | n/a | n/a | n/a |
| Hichain Logistics 300873.SZ | China | $560M | -22% | +15% | 14% | 20.8× | 3.2% | +12.1% |
| TVS Supply Chain Solutions TVSSCS.NS | India | $547M | -4% | +17% | 2% | 31.6× | 14.4% | +9.7% |
| Singapore Post S08.SI | Singapore | $546M | -17% | -73% | 3% | 77.5× | n/a | n/a |
| Japan Transcity 9310.T | Japan | $538M | +15% | +1% | 7% | n/a | 1.3% | +4.4% |
| Blue Dart Express BLUEDART.NS | India | $1.14B | -20% | +9% | 7% | 26.5× | 22.4% | +13.3% |
| Farglory Free Trade Zone Investment 5607.TW | Taiwan | $534M | 0% | +30% | 42% | 8.3× | -2.7% | +16.8% |
| Bonheur BONHR.OL | Norway | $1.20B | +1% | +4% | 7% | 10.0× | 3.1% | +20.6% |