If you are wondering whether Ferrari’s current share price offers good value, it helps to step back from the brand prestige and look closely at what the market is actually pricing in.
The stock recently closed at €286.40, with returns of a 7% decline over the last 7 days, a 10.5% decline over 30 days and a 9.5% decline year to date. The 1 year return stands at a 30.8% decline, compared with gains of 30.3% over 3 years and 72.5% over 5 years.
These mixed returns put extra focus on what has been happening around Ferrari, including ongoing interest in premium auto brands, shifting investor appetite for growth stories and broader market moves that have affected high profile names. Together, these factors help explain why sentiment around…
