A Look at Ferrari’s Valuations before Its Q3 2018 Earnings Event
Valuation multiples help investors compare companies by indicating whether a stock is overvalued or undervalued. While there are a variety of valuation multiples available, we’ll look at Ferrari’s forward EV-to-EBITDA first. The forward EV-to-EBITDA multiple tells us how a business is valued for each dollar of its estimated EBITDA.