Ferrari and the Fiat Stub — RACEGuest Post
Ferrari and the Fiat Stub — RACE by beowulfcap
Warning: Automobile sector definitely does not fall into our circle of competence.
- Ferrari listed in NYSE and finished on 23rd Oct with a market cap of $10.7B
- Absolute top class luxury brand with an earnings of ~$300M in 2014
- Works out to an earnings yield of 3% and a PE of almost 35
- We feel that Mr. Market is valuing the brand of Ferrari very highly. In our opinion, this is counted twice as the . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible