Financial Comparison: Ferrari (NYSE:RACE) and ChargePoint (NYSE:CHPT)

ChargePoint (NYSE:CHPTGet Free Report) and Ferrari (NYSE:RACEGet Free Report) are both auto/tires/trucks companies, but which is the better business? We will contrast the two businesses based on the strength of their dividends, analyst recommendations, risk, valuation, profitability, institutional ownership and earnings.

Profitability

This table compares ChargePoint and Ferrari’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
ChargePoint -59.54% -209.46% -21.77%
Ferrari 22.65% 44.20% 16.58%

Analyst Recommendations

This is a breakdown of current ratings for ChargePoint and Ferrari, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ChargePoint 3 8 1 0 1.83
Ferrari 0 3 10 4 3.06

ChargePoint presently has a consensus target price of $12.65, indicating a potential upside of 82.15%. Ferrari has a consensus target price of $489.47, indicating a potential upside of 30.44%. Given ChargePoint’s higher probable upside, equities analysts plainly believe ChargePoint is more favorable than Ferrari.

Institutional & Insider Ownership

37.8% of ChargePoint shares are held by institutional investors. 3.5% of ChargePoint shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Volatility & Risk

ChargePoint has a beta of 1.43, indicating that its share price is 43% more volatile than the S&P 500. Comparatively, Ferrari has a beta of 1.01, indicating that its share price is 1% more volatile than the S&P 500.

Earnings and Valuation

This table compares ChargePoint and Ferrari”s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
ChargePoint $417.08 million 0.39 -$277.07 million ($10.28) -0.68
Ferrari $7.23 billion 12.59 $1.65 billion $9.90 37.90

Ferrari has higher revenue and earnings than ChargePoint. ChargePoint is trading at a lower price-to-earnings ratio than Ferrari, indicating that it is currently the more affordable of the two stocks.

Summary

Ferrari beats ChargePoint on 11 of the 15 factors compared between the two stocks.

About ChargePoint

(Get Free Report)

ChargePoint Holdings, Inc., together with its subsidiaries, provides electric vehicle (EV) charging networks and charging solutions in the North America and Europe. The company serves commercial, such as retail, workplace, hospitality, parking, recreation, municipal, education, and highway fast charge; fleet, which include delivery, take home, logistics, motor pool, transit, and shared mobility; and residential including single family homes and multi-family apartments and condominiums customers. ChargePoint Holdings, Inc. was founded in 2007 and is headquartered in Campbell, California.

About Ferrari

(Get Free Report)

Ferrari N.V., through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide. The company offers range, special series, Icona, and supercars; limited edition supercars and one-off cars; and track cars. It also provides racing cars, and 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, the company operates Ferrari museums in Modena and Maranello; Il Cavallino restaurant in Maranello; and theme parks in Abu Dhabi and Spain. Further, it provides direct or indirect finance and leasing services to retail clients and dealers; manages racetracks; develops and sells a range of apparel and accessories; and operates franchised and owned Ferrari stores. The company also sells its products through a network of authorized dealers operating points of sale, as well as through its website. The company was founded in 1947 and is headquartered in Maranello, Italy.

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