Li Auto Inc. Sponsored ADR (LI) vs Ferrari N.V. (RACE)

Li Auto Inc. Sponsored ADR and Ferrari N.V. are both Auto Manufacturers companies. Ferrari N.V. is the larger, with a market value of $65.2B against $9.9B — 6.6× the size. Li Auto Inc. Sponsored ADR has negative trailing earnings, so its P/E is not meaningful; Ferrari N.V. trades at 38.2×. Ferrari N.V. grew revenue faster over the last twelve months: 13.3% against −15.8%. Ferrari N.V. has the higher net margin (22.3% vs −4.32%) and the higher return on invested capital (25.6% vs 0.00%). Across the 19 metrics below, Ferrari N.V. leads on 13 and Li Auto Inc. Sponsored ADR on 6.

Valuation

Metric LI RACE Auto Manufacturers median
P/E n/m 38.18 8.14
P/S 0.75 8.44 0.90
P/B 1.11 17.01 1.16
Price to free cash flow n/m 43.91 19.78
EV/EBITDA n/m 22.48 7.18
EV/Sales 0.00 8.67 1.49
Earnings yield (5.76%) 2.62% (6.65%)
Free cash flow yield (23.30%) 2.28% (16.79%)

Profitability

Metric LI RACE Auto Manufacturers median
Gross margin 13.66% 51.63% 7.51%
Operating margin (6.51%) 29.51% (10.38%)
Net margin (4.32%) 22.27% (4.32%)
Free cash flow margin (9.52%) 19.23% 0.00%
Return on equity 0.00% 46.14% 0.00%
Return on assets (3.07%) 16.75% (6.30%)
Return on invested capital 0.00% 25.59% 0.00%

Growth

Metric LI RACE Auto Manufacturers median
Revenue growth (TTM) (15.79%) 13.31% 5.42%
EPS growth (last fiscal year) (85.58%) 10.59% —
Revenue growth, 5-year CAGR 61.78% 15.39% 10.46%
Net income growth, 5-year CAGR 0.00% 21.08% 0.00%

Health

Metric LI RACE Auto Manufacturers median
Debt to equity 0.11 0.86 0.25
Current ratio 1.81 4.85 1.10
Net debt to EBITDA (22.21) 0.48 (0.04)

Dividend

Metric LI RACE Auto Manufacturers median
Dividend yield — 0.66% 3.24%
Payout ratio 0.00 0.31 0.00

Size

Metric LI RACE Auto Manufacturers median
Market cap 9.91b 65.16b 81.09m

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