Ferrari Shares Worth Owning If Return Less Important Than Ultra Luxury Adjacency

Ferrari N.V. is rated Buy for its strong brand, robust financials, and aspirational value, though best held as a modest portfolio allocation. RACE boasts five-year average revenue growth of 13.1%, EPS growth of 20.1%, pre-tax margin of 26.3%, and ROE of 42.1%, reflecting exceptional pricing power. Valuation is stretched at 38x earnings and a PEG of 3.8, yet high multiples are typical among ultra-luxury discretionary peers.