Loading…
← CockpitCompetitor Analysis › FERGR.AS Ferrari Group PLCOpen in the cockpit ↗

Ferrari Group PLCFERGR.ASCompetitor analysis, valuation and peers

Netherlands · EUR·Industrials›Air Freight/Couriers
Momentum neutral 45
Mkt cap
$780M
US dollars, full cap
Free float
29%
of shares outstanding
$/day
$251,011
20-day average traded
Fwd P/E
12.8×
forward earnings
ROIC−WACC
+19.8 pp
WACC 7.8%
Hurdle
-8 pp
Req g minus delivered
Next earnings
117 days
3 Mar 2027
Close · EUR€7.62
1D-1.4%
1W+1.7%
1M+1.9%
3M-3.9%
6M-3.5%
YTD-16.6%
1Y-7.1%
ATR %3.4%
52w lowhigh32.3% off high

What Ferrari does

Employees: 2,173

Ferrari at a glance

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).

Relative performance

9010011011 May 202611 Aug 20266 Nov 2026FERGR.AS 99Peer median 93
Six months, rebased to 100: Ferrari against the median of its 20 peers (local-currency closes).

Ferrari financials

Reported figures in EUR; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
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 debtn/a€44.9M€37.8M€32.9M€34.9M

Quarterly statements and history in the cockpit →

Ferrari competitor charts

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.

Performance: 6-month against 1-month return

-20%0%-20%0%+20%0022109037002889605050603223SLP-B60027896996039679025CJT000701300873TVSSCSS089310BLUEDART5607BONHRFERGR.AS6-month return →1-month return →
Up and to the right = strong over both horizons. Ferrari is the large dot.

Fundamentals: revenue growth against valuation

-75%-50%-25%0%+25%25×50×75×9037605050603223SLP-B9699603967CJT300873TVSSCSS08BLUEDART5607FERGR.ASRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Ferrari is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%+60%-25%0%25%50%0022109037002889603223SLP-B96996039679025CJT3008739310BLUEDART5607BONHRFERGR.ASGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Ferrari is the large dot.

Ferrari competitors and peer comparison

How Ferrari compares with its peers

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.

Ferrari against its 20 peers (data as of 6 Nov 2026)
MeasureFERGR.ASPeer medianRank 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 margin16.6%7.3%5th highest of 20
Forward P/E12.8×14.1×6th 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 pp8th most demanding of 16
ROIC minus cost of capital+19.8 pp-0.5 pphighest of 20
EV / EBITDA7.5×8.6×6th cheapest of 11
Net debt / EBITDA-0.9×1.0×2nd least indebted of 12

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Ferrari FERGR.ASNetherlands$780M-4%+3%17%12.8×-2.7%+5.0%
Shenzhen Feima International Supply Chain 002210.SZChina$768M-36%+116%11%n/a34.5%+1.5%
Hamakyorex 9037.TJapan$808M-2%+9%10%11.4×-9.0%+5.5%
Shenzhen Easttop Supply Chain Management 002889.SZChina$845M+14%-35%6%n/a12.0%+6.7%
Friend 605050.SSChina$709M-24%+4%4%10.1×n/an/a
Hengtong Logistic 603223.SSChina$870M-9%+2%30%15.5×-9.5%-24.6%
Swedish Logistic Property SLP-B.STSweden$876M-9%+27%86%14.2×11.6%+60.3%
Orient International Enterprise 600278.SSChina$919M+1%-12%1%n/an/an/a
Hangzhou SF Intra-city Industrial 9699.HKHong Kong$941M-24%+32%1%13.3×5.9%+35.5%
China Master Logistics 603967.SSChina$644M-11%+11%4%13.9×-12.1%+11.4%
Konoike Transport 9025.TJapan$973M+2%+1%6%10.9×-12.5%+4.0%
Cargojet CJT.TOCanada$1.00B+15%+1%10%23.4×12.4%+8.2%
LEAP India LEAPIND.NSIndia$569Mn/a+56%27%n/an/an/a
Xiamen Xinde 000701.SZChina$568M-3%-22%n/an/an/an/a
Hichain Logistics 300873.SZChina$560M-22%+15%14%20.8×3.2%+12.1%
TVS Supply Chain Solutions TVSSCS.NSIndia$547M-4%+17%2%31.6×14.4%+9.7%
Singapore Post S08.SISingapore$546M-17%-73%3%77.5×n/an/a
Japan Transcity 9310.TJapan$538M+15%+1%7%n/a1.3%+4.4%
Blue Dart Express BLUEDART.NSIndia$1.14B-20%+9%7%26.5×22.4%+13.3%
Farglory Free Trade Zone Investment 5607.TWTaiwan$534M0%+30%42%8.3×-2.7%+16.8%
Bonheur BONHR.OLNorway$1.20B+1%+4%7%10.0×3.1%+20.6%

Questions

Which companies are Ferrari's closest peers?
The cockpit's peer set: Shenzhen Feima International Supply Chain (002210.SZ), Hamakyorex (9037.T), Shenzhen Easttop Supply Chain Management (002889.SZ), Friend (605050.SS), Hengtong Logistic (603223.SS), Swedish Logistic Property (SLP-B.ST), Orient International Enterprise (600278.SS), Hangzhou SF Intra-city Industrial (9699.HK).
Is Ferrari expensive compared with its peers?
On forward p/e it trades at 12.8× against a peer median of 14.1×, 6th cheapest of 15 in its peer set. 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.
How has Ferrari stock performed?
Over six months to 6 Nov 2026 the shares returned -3.5% against -4.1% for the median peer; over one year -7.1%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.