Added to YB: 2026-08-06
Pitch date: 2026-08-04
FERGR.AS [neutral]
Ferrari Group PLC
+0.63%
current return
Author Info
No bio for this author
Company Info
Ferrari Group PLC provides shipping, integrated logistics, and value-added services for jewelry and precious goods in Europe, Asia, North America, Brazil, and internationally.
Market Cap
EUR 731.3M
Pitch Price
EUR 7.95
Price Target
N/A
Dividend
4.12%
EV/EBITDA
8.40
P/E
14.43
EV/Sales
1.79
Sector
Air Freight and Logistics
Category
value
Ferrari Group PLC: The proxy for luxury
FERGR.AS (pass): Italian luxury logistics owner-operator, proxy for hard luxury (watches/jewelry). Net cash €97m (13% of cap), asset-light, 32% ROIC, adj 11.8% net margin, no dilution, family owns 71%. FWD PE 14x, 4.1% div, ~8.6% earnings growth. Risks: China contract loss, margin decline, ongoing Italian customs criminal case. Cheap but growth uncertain.
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