Piero Ferrari - Ferrari NV Non-Executive Vice Chairman of the Board

RACE Stock  USD 415.94  0.24  0.06%   

Chairman

Mr. Piero Ferrari serves as Nonexecutive vice chairmen of the Company. He was Vice Chairman of Ferrari S.p.A. since 1988. He also serves as Chairman of HPECOXA, is a board member of Ferretti Group and a board member and Vice President of CRN Ancona . He was President of Piaggio Aero Industries S.p.A. from 1998 to 2014 and served as Chairman of the Italian Motor Sport Commission from 1998 to 2001 and BA SERVICE from 2000 to 2015. He was also a board member and Vice President of Banca Popolare dellEmilia Romagna in Modena from 2002 to 2011 and from 2001 to 2014 respectively. The son of Ferraris founder Enzo Ferrari, Mr. Piero Ferrari covered a variety of management positions in the motor sport division of Ferrari from 1970 to 1988 with increasing responsibilities. His first position with Ferrari dates back to 1965 working on the production of the Dino 206 Competizione racing car. Mr. Piero Ferrari received an honorary degree in Aerospace Engineering from the University of Naples Federico II in 2004 and an Honorary Degree in Mechanical Engineering from the University of Modena and Reggio Emilia in 2005. In 2004, Mr. Piero Ferrari was awarded the title of Cavaliere del Lavoro. since 1988.
Age 76
Tenure 36 years
Address Via Abetone Inferiore n. 4, Maranello, MO, Italy, 41053
Phone39 05 36 94 91 11
Webhttps://www.ferrari.com

Ferrari NV Management Efficiency

The company has return on total asset (ROA) of 0.1274 % which means that it generated a profit of $0.1274 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.4433 %, meaning that it created $0.4433 on every $100 dollars invested by stockholders. Ferrari NV's management efficiency ratios could be used to measure how well Ferrari NV manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Equity is expected to grow to 0.43, whereas Return On Tangible Assets are forecasted to decline to 0.12. At present, Ferrari NV's Other Assets are projected to increase significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 2.1 B, whereas Non Current Assets Total are forecasted to decline to about 2.9 B.
The company currently holds 2.48 B in liabilities with Debt to Equity (D/E) ratio of 1.22, which is about average as compared to similar companies. Ferrari NV has a current ratio of 2.87, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Ferrari NV until it has trouble settling it off, either with new capital or with free cash flow. So, Ferrari NV's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ferrari NV sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ferrari to invest in growth at high rates of return. When we think about Ferrari NV's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

CHAIRMAN Age

Joerg HofmannVolkswagen AG Pref
61
KarlLudwig KleyBayerische Motoren Werke
67
Bernard SilverstoneFord Motor
59
Shigeki TerashiToyota Motor
64
Hans PutschVolkswagen AG 110
67
Joerg HofmannVolkswagen AG 110
61
Harald KruegerBayerische Motoren Werke
53
Herbert DiessVolkswagen AG Pref
65
Matthias MuellerVolkswagen AG 110
63
Wolfgang PorschePorsche Automobil Holding
74
Theodore SolsoGeneral Motors
70
Uwe HueckPorsche Automobil Holding
52
Hans PutschVolkswagen AG Pref
67
Xiaopeng HeXpeng Inc
45
Norbert ReithoferBayerische Motoren Werke
62
Stefan QuandtBayerische Motoren Werke
52
Herbert DiessVolkswagen AG 110
65
Johan ZylToyota Motor
61
Takeshi UchiyamadaToyota Motor
73
Manfred SchochBayerische Motoren Werke
63
Stefan SchmidBayerische Motoren Werke
53
Ferrari N.V., through its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars. Ferrari N.V. was founded in 1947 and is headquartered in Maranello, Italy. Ferrari NV operates under Auto Manufacturers classification in the United States and is traded on New York Stock Exchange. It employs 4625 people. Ferrari NV (RACE) is traded on New York Stock Exchange in USA. It is located in Via Abetone Inferiore n. 4, Maranello, MO, Italy, 41053 and employs 4,988 people. Ferrari NV is listed under Automobile Manufacturers category by Fama And French industry classification.

Management Performance

Ferrari NV Leadership Team

Elected by the shareholders, the Ferrari NV's board of directors comprises two types of representatives: Ferrari NV inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ferrari. The board's role is to monitor Ferrari NV's management team and ensure that shareholders' interests are well served. Ferrari NV's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ferrari NV's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jane Reeve, Chief Communication Officer
Angelo Pesci, Chief Purchasing and Quality Officer
Sabina Fasciolo, Chief Compliance Officer
Giuseppina Capaldo, Non-Executive Independent Director
Maria Grieco, Non-Executive Independent Director
Davide Abate, Chief Technologies and Infrastructures Officer
Nicola Boari, Head of Product Marketing and Market Intelligence
Mattia Binotto, Managing Director - Gestione Sportiva, Team Principal Scuderia Ferrari Mission Winnow
Francesca Montini, Chief Officer
Charlie Turner, Chief Content and Communication Officer
Benedetto Vigna, Acting Chief Executive Officer, Executive Director
Richard Palmer, Director
John Galantic, Non-Executive Independent Director
Marco Lovati, Chief Internal Audit Officer
Nicoletta Russo, Head Relations
John Elkann, Executive Chairman of the Board, Interim Chief Executive Officer
Silvia Gabrielli, Chief Digital and Data Officer
Sergio Marchionne, Chairman of the Board
Lapo Elkann, Non-Executive Independent Director
Andrea Antichi, Chief Manufacturing Officer
Enrico Galliera, Chief Marketing and Commercial Officer
Amedeo Felisa, CEO and Executive Director
Adam Keswick, Non-Executive Independent Director
Gianmaria Fulgenzi, Chief Product Development Officer
Antonio Piccon, Chief Financial Officer
Luca Fuso, Chief Brand Officer
Alessandro Gili, CFO
Michael Leiters, Chief Technology Officer
Sergio Duca, Senior Non-Executive Independent Director
Delphine Arnault, Non-Executive Independent Director
Michele Antoniazzi, Chief Human Resource Officer, Head of Human Resources
Flavio Manzoni, Chief Design Officer
Carlo Daneo, General Counsel
Louis Camilleri, Senior Non-Executive Chairman of the Board
Ernesto Lasalandra, Chief Research and Development Officer
Maurizio Arrivabene, Managing Director - Gestione Sportiva
Eddy Cue, Non-Executive Independent Director
Piero Ferrari, Non-Executive Vice Chairman of the Board
Vincenzo Regazzoni, Chief Manufacturing Officer
Francesca Bellettini, Non-Executive Independent Director
Elena Zambon, Non-Executive Independent Director

Ferrari Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ferrari NV a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Ferrari NV is a strong investment it is important to analyze Ferrari NV's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ferrari NV's future performance. For an informed investment choice regarding Ferrari Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ferrari NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Ferrari Stock refer to our How to Trade Ferrari Stock guide.
Note that the Ferrari NV information on this page should be used as a complementary analysis to other Ferrari NV's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Complementary Tools for Ferrari Stock analysis

When running Ferrari NV's price analysis, check to measure Ferrari NV's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ferrari NV is operating at the current time. Most of Ferrari NV's value examination focuses on studying past and present price action to predict the probability of Ferrari NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ferrari NV's price. Additionally, you may evaluate how the addition of Ferrari NV to your portfolios can decrease your overall portfolio volatility.
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Global Correlations
Find global opportunities by holding instruments from different markets
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Is Ferrari NV's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ferrari NV. If investors know Ferrari will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ferrari NV listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.342
Dividend Share
2.443
Earnings Share
7.4
Revenue Per Share
32.944
Quarterly Revenue Growth
0.114
The market value of Ferrari NV is measured differently than its book value, which is the value of Ferrari that is recorded on the company's balance sheet. Investors also form their own opinion of Ferrari NV's value that differs from its market value or its book value, called intrinsic value, which is Ferrari NV's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ferrari NV's market value can be influenced by many factors that don't directly affect Ferrari NV's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ferrari NV's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ferrari NV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ferrari NV's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.