F3T1 Stock Overview

Designs, constructs, and sells luxury yachts and pleasure vessels under the Riva, Wally, Ferretti Yachts, Pershing, Itama, CRN, and Custom Line brands globally. More details

F3T1 fundamental analysis
Snowflake Score
Valuation	6/6
Future Growth	1/6
Past Performance	2/6
Financial Health	6/6
Dividends	2/6

Rewards

Trading at 61% below our estimate of its fair value

Earnings are forecast to grow 10.53% per year

Earnings have grown 22.7% per year over the past 5 years

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 67.2%

Risk Analysis

High level of non-cash earnings

Dividend of 3.35% is not well covered by free cash flows

My Notes

Capture your thoughts, links and company narrative

Ferretti S.p.A. Competitors

UNITEDLABELS

XTRA:ULC

€10.4m

Einhell Germany

XTRA:EIN3

€732.6m

Hugo Boss

XTRA:BOSS

€3.1b

Surteco Group

XTRA:SUR

€322.5m

Price History & Performance

Summary of share price highs, lows and changes for Ferretti
Historical stock prices
Current Share Price	HK$2.84
52 Week High	HK$3.51
52 Week Low	HK$2.19
Beta	0.43
1 Month Change	0.71%
3 Month Change	1.07%
1 Year Change	-5.71%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	9.65%

Recent updates

Shareholder Returns

	F3T1	DE Leisure	DE Market
7D	-0.5%	-0.8%	-0.02%
1Y	-5.7%	21.1%	15.1%

Return vs Industry: F3T1 underperformed the German Leisure industry which returned 21.1% over the past year.

Return vs Market: F3T1 underperformed the German Market which returned 15.1% over the past year.

Price Volatility

Is F3T1's price volatile compared to industry and market?
F3T1 volatility
F3T1 Average Weekly Movement	4.0%
Leisure Industry Average Movement	4.5%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	11.3%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: F3T1 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: F3T1's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1968	2,090	Alberto Galassi	www.ferrettigroup.com

Ferretti S.p.A. designs, constructs, and sells luxury yachts and pleasure vessels under the Riva, Wally, Ferretti Yachts, Pershing, Itama, CRN, and Custom Line brands globally. It offers luxury composite yachts, made-to-measure yachts, and superyachts with various features and ancillary services. The Company owns and operates seven shipyards, two production plants for interior fittings and customized furnishings and one production plant for kinetic equipment.

Ferretti S.p.A. Fundamentals Summary

How do Ferretti's earnings and revenue compare to its market cap?
F3T1 fundamental statistics
Market cap	€980.11m
Earnings (TTM)	€86.46m
Revenue (TTM)	€1.30b

11.3x

P/E Ratio

0.8x

P/S Ratio

Is F3T1 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
F3T1 income statement (TTM)
Revenue	€1.30b
Cost of Revenue	€828.93m
Gross Profit	€467.13m
Other Expenses	€380.67m
Earnings	€86.46m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.26
Gross Margin	36.04%
Net Profit Margin	6.67%
Debt/Equity Ratio	0.9%

How did F3T1 perform over the long term?

See historical performance and comparison

Dividends

3.3%

Current Dividend Yield

38%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/09 02:07
End of Day Share Price	2025/02/07 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Ferretti S.p.A. is covered by 8 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Anna Frontani	Berenberg
Giuseppe Grimaldi	BNP Paribas Exane
Yawen Gao	China International Capital Corporation Limited