Advertisement
Canada markets open in 53 minutes
  • S&P/TSX

    21,873.72
    -138.00 (-0.63%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • CAD/USD

    0.7299
    +0.0001 (+0.02%)
     
  • CRUDE OIL

    83.28
    +0.47 (+0.57%)
     
  • Bitcoin CAD

    87,403.12
    -3,869.95 (-4.24%)
     
  • CMC Crypto 200

    1,361.83
    -20.75 (-1.50%)
     
  • GOLD FUTURES

    2,338.60
    +0.20 (+0.01%)
     
  • RUSSELL 2000

    1,995.43
    -7.22 (-0.36%)
     
  • 10-Yr Bond

    4.6600
    +0.0080 (+0.17%)
     
  • NASDAQ futures

    17,470.75
    -193.75 (-1.10%)
     
  • VOLATILITY

    16.34
    +0.37 (+2.32%)
     
  • FTSE

    8,103.00
    +62.62 (+0.78%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • CAD/EUR

    0.6819
    0.0000 (0.00%)
     

How Ferrari’s Valuation Multiples Look at the Start of Q4

How Ferrari’s Valuation Multiples Look at the Start of Q4

As of November 5, Ferrari’s (RACE) forward EV-to-EBITDA multiple was 16.9x. Ferrari’s EV-to-EBITDA multiple was significantly higher than that of other auto companies (XLY) like General Motors (GM), Ford (F), and Toyota (TM). GM’s, Ford’s, and Toyota’s EV-to-EBITDA multiples were at 8.5x, 13.3x, and 8.9x, respectively.