Ferrari is holding company. Through its subsidiaries, Co. focuses on the design, engineering, production and sale of sports cars. Co.'s product offering comprises four main pillars: the sports range, the GT range, special series and Icona. Co.'s product range is comprised of six sports cars (the 812 GTS, the Ferrari F8 Tributo, the Ferrari F8 Spider, the 296 GTB, the SF90 Stradale and the SF90 Spider), two GT cars (the Ferrari Roma and the Ferrari Portofino M), two special series cars (the 812 Competizione and the 812 Competizione A), two versions of its first Icona model, the Ferrari Monza SP1 and the Ferrari Monza SP2, as well as the new model in the Icona range, the Ferrari Daytona SP3. We show 7 historical shares outstanding datapoints in our RACE shares outstanding history coverage, used to compute RACE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing RACE market cap history over the course of time is important for investors
interested in comparing RACE's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of RACE versus a peer is one thing; comparing
RACE market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like RACE can fluctuate over the course of history.
With this page we aim to empower investors researching RACE by allowing them to research the RACE market cap history. |
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Video: The Importance of Market Cap
