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Equity research: Ferrari - a luxury manufacturer in adaptation to the new market demands

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Detalhes bibliográficos
Resumo:Ferrari is an Italian car manufacturer founded in 1929. Since then, it has become one of the most notable luxury car manufacturers in the world, known for its high-performance cars and its presence in the racing world, more precisely in Formula 1. This report focuses on valuing Ferrari, analyzing its performance, standalone and in comparison with its competitors and the remaining industry. Our valuation model yielded a target price of €266.10 for FY 2022, resulting in a BUY recommendation.
Autores principais:Faria, Bernardo Calçado Carvalho Mendonça de
Assunto:Valuation Finance
Ano:2022
País:Portugal
Tipo de documento:dissertação de mestrado
Tipo de acesso:acesso aberto
Instituição associada:Universidade Nova de Lisboa
Idioma:inglês
Origem:Repositório Institucional da UNL
Descrição
Resumo:Ferrari is an Italian car manufacturer founded in 1929. Since then, it has become one of the most notable luxury car manufacturers in the world, known for its high-performance cars and its presence in the racing world, more precisely in Formula 1. This report focuses on valuing Ferrari, analyzing its performance, standalone and in comparison with its competitors and the remaining industry. Our valuation model yielded a target price of €266.10 for FY 2022, resulting in a BUY recommendation.