WallStSmart

Ferrari NV (RACE)vsWorkhorse Group Inc (WKHS)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Ferrari NV generates 40922% more annual revenue ($7.15B vs $17.42M). RACE leads profitability with a 22.4% profit margin vs 0.0%. WKHS trades at a lower P/E of 0.0x. WKHS earns a higher WallStSmart Score of 48/100 (D+).

RACE

Hold

48

out of 100

Grade: D+

Growth: 4.7Profit: 9.0Value: 4.7Quality: 8.0
Piotroski: 4/9Altman Z: 2.81

WKHS

Hold

48

out of 100

Grade: D+

Growth: 8.3Profit: 2.5Value: 8.3Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

RACESignificantly Overvalued (-443.1%)

Margin of Safety

-443.1%

Fair Value

$70.52

Current Price

$322.17

$251.65 premium

UndervaluedFair: $70.52Overvalued
WKHSUndervalued (+99.9%)

Margin of Safety

+99.9%

Fair Value

$3661.63

Current Price

$3.18

$3658.45 discount

UndervaluedFair: $3661.63Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

RACE5 strengths · Avg: 8.8/10
Return on EquityProfitability
42.9%10/10

Every $100 of equity generates 43 in profit

Market CapQuality
$57.18B9/10

Large-cap with strong market position

Profit MarginProfitability
22.4%9/10

Keeps 22 of every $100 in revenue as profit

Operating MarginProfitability
28.6%8/10

Strong operational efficiency at 28.6%

Free Cash FlowQuality
$1.41B8/10

Generating 1.4B in free cash flow

WKHS3 strengths · Avg: 10.0/10
P/E RatioValuation
0.0x10/10

Attractively priced relative to earnings

Revenue GrowthGrowth
192.8%10/10

Revenue surging 192.8% year-over-year

EPS GrowthGrowth
190.4%10/10

Earnings expanding 190.4% YoY

Areas to Watch

RACE4 concerns · Avg: 3.5/10
P/E RatioValuation
31.1x4/10

Premium valuation, high expectations priced in

Price/BookValuation
12.6x4/10

Trading at 12.6x book value

Revenue GrowthGrowth
3.8%4/10

3.8% revenue growth

PEG RatioValuation
3.472/10

Expensive relative to growth rate

WKHS4 concerns · Avg: 2.5/10
Market CapQuality
$27.72M3/10

Smaller company, higher risk/reward

Profit MarginProfitability
0.0%3/10

0.0% margin — thin

Return on EquityProfitability
-1.6%2/10

ROE of -1.6% — below average capital efficiency

Free Cash FlowQuality
$-10.99M2/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : RACE

The strongest argument for RACE centers on Return on Equity, Market Cap, Profit Margin. Profitability is solid with margins at 22.4% and operating margin at 28.6%.

Bull Case : WKHS

The strongest argument for WKHS centers on P/E Ratio, Revenue Growth, EPS Growth. Revenue growth of 192.8% demonstrates continued momentum.

Bear Case : RACE

The primary concerns for RACE are P/E Ratio, Price/Book, Revenue Growth.

Bear Case : WKHS

The primary concerns for WKHS are Market Cap, Profit Margin, Return on Equity.

Key Dynamics to Monitor

RACE profiles as a value stock while WKHS is a hypergrowth play — different risk/reward profiles.

WKHS carries more volatility with a beta of 2.33 — expect wider price swings.

WKHS is growing revenue faster at 192.8% — sustainability is the question.

RACE generates stronger free cash flow (1.4B), providing more financial flexibility.

Bottom Line

RACE scores higher overall (48/100 vs 48/100), backed by strong 22.4% margins. WKHS offers better value entry with a 99.9% margin of safety. Both earn "Hold" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Ferrari NV

CONSUMER CYCLICAL · AUTO MANUFACTURERS · USA

Ferrari NV designs, designs, produces and sells high performance sports cars. The company is headquartered in Maranello, Italy.

Workhorse Group Inc

CONSUMER CYCLICAL · AUTO MANUFACTURERS · USA

Workhorse Group Inc., a technology company, designs, manufactures, builds and sells aircraft and battery electric vehicles in the United States. The company is headquartered in Loveland, Ohio.

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