RACE
The Growth Story Behind Furniture Maker Poltrona Fraus Bespoke Car Division
Article Summary
HOLD- Poltrona Frau in Motion, the luxury car-interior design division of furniture maker Ferrari NV (NYSE: FNV), is expanding rapidly after acquiring KJ Ryan Ltd., a U.K.-based manufacturer of leather, vinyl, and carpeted interior components for luxury and bespoke vehicles.
- Ferrari NV has doubled its European market share in luxury interior design in recent years and reached about 120 million euros in revenue last year, driven by strong demand from Ferrari, Lamborghini, McLaren, Jaguar Land Rover, and Singapore Airlines.
- The Frau Car division's first major automotive project was the Lancia Thema 8.32, powered by a Ferrari engine, for which Poltrona was entrusted to outfit full interior upholstery, resulting in a true travelling lounge combining the brand's trademarked leather Pelle Frau with luxury car interiors.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 13.0% | 25% | 50.0 ptsMeets Minimum (13.0%) - Passes screener |
| EPS Growth Next 5Y ? | 8.0% | 25% | 20.0 ptsWeak (8.0%) - Low expectations |
| Target Price Upside ? | 22.4% | 20% | 70.0 ptsGood Upside (22.4%) - Target: $443.29 vs Current: $362.13 |
| Gross Margin % ? | 51.9% | 15% | 80.0 ptsVery Healthy (51.9%) - High-quality margins |
| Drawdown from 52-Wk High ? | -30.2% | 15% | 80.0 ptsSolid Dip (-30.2%) - Good entry zone |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About RACE
- Ferrari N.V., through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide.
- It offers sports, track, one-off, and road cars, as well as supercars.
- The company also provides spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars; and licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods.
- In addition, it operates Ferrari museums in Modena and Maranello; Il Cavallino restaurant in Maranello; and theme parks in Abu Dhabi and Spain.
- Further, the company provides direct or indirect finance and leasing services; range of financial and ancillary services; special financing arrangements; and operates franchised and owned Ferrari stores.
- The company was founded in 1947 and is headquartered in Maranello, Italy.