Ferrari’s New Magical Growth Engine: A Mastery Lesson Served To The Market (NYSE:RACE)

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In May 2022, exactly two years ago, I started my journey as a Seeking Alpha analyst because of Ferrari (NYSE:RACE). I had just bought my first shares, but I was continually reading Ferrari was overvalued and was close to becomingFerrari was literally firing on all cylinders

in €M, except per share FY2014 FY2023 CAGR
Revenues 2,762 5,970 8%
Adj. EBITDA 693 2,279 12.6%
Adj. EBIT 404 1,617 14.9%
EPS 1.38 6.90 17.5%
FCF 136 932 21.2%

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