Risk factor
Very poor trading liquidity
Profitability factor
Slightly undervalued vs peers
About
Ferretti S.p.A. is an Italian enterprise engaged in the design, manufacturing, marketing, and distribution of a wide array of luxury yachts and marine vessels. Operating under prestigious brand names such as Riva, Wally, Ferretti Yachts, Pershing, Itama, Easy Boat, CRN, and Custom Line, the company provides a diverse product line. This includes sophisticated composite yachts, tailor-made vessels, and grand superyachts, supported by various supplementary services. Ferretti also owns and manages its shipyards. Its comprehensive service portfolio extends to yacht brokerage, chartering, and management solutions, as well as crucial after-sales and refitting support. Furthermore, the company engages in brand expansion initiatives, such as establishing lounges, and specializes in crafting and installing custom wooden furnishings and kinetic elements for nautical interiors. It also manufactures and sells coastal patrol vessels through its FSD division and Wally sailing yachts. Ferretti S.p.A. boasts a significant international presence, serving markets throughout Europe, the Middle East, Africa, the Asia Pacific region, and North, Central, and South America. The company was founded in Forlì, Italy, in 1968, where it remains headquartered.
Company Valuation
Considering past and projected metrics, the stock is slightly 'cheaper' than its peers. Specifically, the stock is fairly valued on P/E, undervalued on EV/EBITDA, reasona
Target Price
The average target price of 9638.HK is 36.4 and suggests 10.4% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommenda