Donwload as PDF Introduction Challenged by innovation technology, artificial intelligence, fierce competition, stricter emission regulatory frameworks and the effects of Covid-19, the automotive industry is currently going through tough yet prosperous times. As the analysis will highlight, major trends and challenges are not only endangering the system, but also stimulating Read more…
Liberty Media Group (LMCA, LMCB, LMCK) – market cap as of 28/09/2016: $9.61bn Introduction On September 7, Liberty Media Corporation, a US-based mass media company, announced a two-step acquisition of Formula One in a deal that values the company at $8bn, and its equity at $4.4bn. Liberty Media Corporation will Read more…
[edmc id= 3236]Download here the Ferrari Pitch[/edmc] After having covered the IPO of Ferrari (https://bsic.it/wanna-flawless-ferrari-52-now-feasible/) in detail a couple of weeks ago, we are now trying to identify RACE’s market positioning in terms of multiples. The structure of the analysis is as follows: firstly, we plot Ferrari’s positioning against major automakers Read more…
Fiat Chrysler Automobiles; Market Cap: $18.90bn (as of 29/10/2015) Ferrari; Market Cap: $9.53bn (as of 29/10/2015) Introduction On October 21, Ferrari, a Super Luxury carmaker rated the world’s most powerful brand by Brand Finance, got to start a new life as a public company trading on NYSE, the world’s Read more…
Fiat Chrysler Automobiles NV (FCA), Market Cap (as of 31/10/2014): €10.56bn This week Fiat Chrysler Automobiles announced its plans to spin-off Ferrari S.p.A. – a luxury carmaker owned by Fiat since 1969. The separation will be conducted partially through a public offering in New York, and possibly Europe, worth 10% Read more…
Since the last time we covered Apple in late November, the situation has changed dramatically, with new factors affecting our recommendation on the stock. Among others, we think that the recent appointment of a new CFO may be significantly relevant. Indeed, according to some analysts cited by the Wall Street Read more…