Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Company Industry Sector

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Mode

Company Industry Sector

Ticker

Industry

Sector

Ferrari N.V. (2FE.DE)

Company Dividend Discount ModelIndustry: Auto - ManufacturersSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$130.74 - $235.45$174.53
Multi-Stage$104.20 - $113.56$108.80
Blended Fair Value$141.66
Current Price$416.10
Upside-65.95%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS17.95%0.00%2.461.841.400.901.161.080.740.670.490.00
YoY Growth--33.86%31.70%55.85%-23.07%8.01%44.76%10.93%38.06%0.00%0.00%
Dividend Yield--0.63%0.47%0.56%0.45%0.65%0.76%0.62%0.69%0.70%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,601.95
(-) Cash Dividends Paid (M)531.50
(=) Cash Retained (M)1,070.45
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)320.39200.24120.15
Cash Retained (M)1,070.451,070.451,070.45
(-) Cash Required (M)-320.39-200.24-120.15
(=) Excess Retained (M)750.06870.20950.30
(/) Shares Outstanding (M)178.78178.78178.78
(=) Excess Retained per Share4.204.875.32
LTM Dividend per Share2.972.972.97
(+) Excess Retained per Share4.204.875.32
(=) Adjusted Dividend7.177.848.29
WACC / Discount Rate11.28%11.28%11.28%
Growth Rate5.50%6.50%7.50%
Fair Value$130.74$174.53$235.45
Upside / Downside-68.58%-58.06%-43.42%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,601.951,706.071,816.971,935.072,060.852,194.802,260.65
Payout Ratio33.18%44.54%55.91%67.27%78.64%90.00%92.50%
Projected Dividends (M)531.50759.931,015.811,301.751,620.561,975.322,091.10

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate11.28%11.28%11.28%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)676.46682.87689.28
Year 2 PV (M)804.92820.25835.72
Year 3 PV (M)918.19944.55971.40
Year 4 PV (M)1,017.511,056.641,096.89
Year 5 PV (M)1,104.031,157.361,212.72
PV of Terminal Value (M)14,107.7014,789.1015,496.59
Equity Value (M)18,628.8019,450.7720,302.61
Shares Outstanding (M)178.78178.78178.78
Fair Value$104.20$108.80$113.56
Upside / Downside-74.96%-73.85%-72.71%

High-Yield Dividend Screener

« Prev Page 18 of 30 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
HBCPHome Bancorp, Inc.1.92%$1.1019.54%
SLMSLM Corporation1.92%$0.5317.47%
UVEUniversal Insurance Holdings, Inc.1.92%$0.6114.30%
WALWestern Alliance Bancorporation1.92%$1.6420.05%
0JZ1.LMasco Corporation1.91%$1.2331.44%
0L8B.LSouthern Copper Corporation1.91%$2.8060.30%
BKRBaker Hughes Company1.91%$0.9030.82%
BPACBullpen Parlay Acquisition Company1.91%$0.2036.09%
ELVElevance Health Inc.1.91%$6.7527.56%
NGVCNatural Grocers by Vitamin Cottage, Inc.1.91%$0.4723.70%
SYBTStock Yards Bancorp, Inc.1.91%$1.2527.22%
0JVQ.LLowe's Companies, Inc.1.90%$4.6738.55%
ATERXAB Sustainable Global Thematic Fund Class R1.90%$2.8436.57%
BLLBall Corporation1.90%$1.329.47%
EAIEntergy Arkansas, Inc. 1M BD 4.875%661.90%$0.409.71%
MMCMarsh & McLennan Companies, Inc.1.90%$3.4741.48%
THOThor Industries, Inc.1.90%$2.0037.63%
TRGPTarga Resources Corp.1.90%$3.5546.50%
TTCThe Toro Company1.90%$1.5245.26%
0K8M.LNorfolk Southern Corporation1.89%$5.4241.12%
FDXFedEx Corporation1.89%$5.5432.63%
ALLThe Allstate Corporation1.87%$3.8112.13%
BERYBerry Global Group, Inc.1.87%$1.2624.23%
NHCNational HealthCare Corporation1.87%$2.4437.72%
PRDOPerdoceo Education Corporation1.87%$0.5423.03%
ABTAbbott Laboratories1.86%$2.3128.93%
TNETTriNet Group, Inc.1.86%$1.0638.35%
BTMDbiote Corp.1.85%$0.055.82%
WDFCWD-40 Company1.85%$3.6554.36%
AMTBAmerant Bancorp Inc.1.84%$0.3622.80%
BNHBrookfield Finance Inc. 4.625%1.84%$0.3070.51%
MGRCMcGrath RentCorp1.84%$1.9332.75%
NATINational Instruments Corporation1.84%$1.1082.38%
OTISOtis Worldwide Corporation1.84%$1.6347.44%
WSWorthington Steel, Inc.1.84%$0.6526.98%
KBHKB Home1.83%$1.0513.68%
WRBW. R. Berkley Corporation1.83%$1.2726.69%
PIPRPiper Sandler Companies1.82%$6.3647.91%
SFBSServisFirst Bancshares, Inc.1.82%$1.3027.90%
YUMYum! Brands, Inc.1.82%$2.7354.40%
LVSLas Vegas Sands Corp.1.81%$1.1851.99%
HNVRHanover Bancorp, Inc.1.80%$0.4126.32%
TSCOTractor Supply Company1.79%$0.9143.76%
CLIMack-Cali Realty Corporation1.78%$0.3321.71%
RRRRed Rock Resorts, Inc.1.78%$1.1260.48%
SBRSabine Royalty Trust1.78%$1.2523.02%
TMUST-Mobile US, Inc.1.78%$3.5533.70%
BWFGBankwell Financial Group, Inc.1.77%$0.8021.59%
DGXQuest Diagnostics Incorporated1.77%$3.0735.81%
JPMJPMorgan Chase & Co.1.77%$5.7527.69%