Ferrari N.V. (RACE) vs Stellantis N.V. (STLA)

Ferrari N.V. and Stellantis N.V. are both Auto Manufacturers companies. Ferrari N.V. is the larger, with a market value of $65.2B against $13.1B — 5.0× the size. Stellantis N.V. trades at the lower P/E: 0.7× against 38.2×. Ferrari N.V. grew revenue faster over the last twelve months: 13.3% against 0.30%. Ferrari N.V. has the higher net margin (22.3% vs 7.36%) and the higher return on invested capital (25.6% vs 4.34%). Both pay a dividend; Stellantis N.V. yields more (6.90% vs 0.66%). Across the 22 metrics below, Ferrari N.V. leads on 13 and Stellantis N.V. on 9.

Valuation

Metric RACE STLA Auto Manufacturers median
P/E 38.18 0.66 8.14
P/S 8.44 0.04 0.90
P/B 17.01 0.19 1.16
Price to free cash flow 43.91 n/m 19.78
EV/EBITDA 22.48 0.92 7.18
EV/Sales 8.67 0.11 1.49
Earnings yield 2.62% 152.46% (6.65%)
Free cash flow yield 2.28% (41.44%) (16.79%)

Profitability

Metric RACE STLA Auto Manufacturers median
Gross margin 51.63% 17.45% 7.51%
Operating margin 29.51% 2.10% (10.38%)
Net margin 22.27% 7.36% (4.32%)
Free cash flow margin 19.23% (1.84%) 0.00%
Return on equity 46.14% 28.29% 0.00%
Return on assets 16.75% 9.49% (6.30%)
Return on invested capital 25.59% 4.34% 0.00%

Growth

Metric RACE STLA Auto Manufacturers median
Revenue growth (TTM) 13.31% 0.30% 5.42%
EPS growth (last fiscal year) 10.59% (540.70%) —
Revenue growth, 5-year CAGR 15.39% 11.90% 10.46%
Net income growth, 5-year CAGR 21.08% 0.00% 0.00%

Health

Metric RACE STLA Auto Manufacturers median
Debt to equity 0.86 0.84 0.25
Current ratio 4.85 1.04 1.10
Net debt to EBITDA 0.48 (0.91) (0.04)

Dividend

Metric RACE STLA Auto Manufacturers median
Dividend yield 0.66% 6.90% 3.24%
Payout ratio 0.31 0.21 0.00

Size

Metric RACE STLA Auto Manufacturers median
Market cap 65.16b 13.08b 81.09m

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