Ferrari IPO valuation (2015)
Auto Industry at a glance
6 min readJun 22, 2021
Low revenue growth: Auto industry, in general, had only 5–6% revenue growth from 2005–2014.
Low-profit margins: Median operating margins in the Auto industry is 4–5% with a large proportion of companies making operating losses.
Significant re-investment needed: Brick and mortar intensive production facilities require…