André, RosárioDuarte, Alexandre Navalho2025-02-262025-02-262024-01-122023-12-17http://hdl.handle.net/10362/179843This thesis entails the creation of a Ferrari valuation model, achieved through a comprehensive analysis of the company's business segments, the underlying value drivers, industry trends, discounted cash flows, and sensitivity assessments. The current examination specifically focuses on the Engines and Sponsorship, Commercial and Brand segments, offering both an individual report and a consolidated view of the company’s shareholder structure, including its valuation, projections, discount rate, and value creation drivers. The conclusive recommendation suggests a target price of € 353.00 per share by the conclusion of 2024, resulting in an anticipated overall return of 8.61%. Consequently, a HOLD recommendation is advised.engFerrariCoumpound annual growth rateValuationShare priceDiscounted cash flowsWeighted average cost of capitalmaster thesis203866100