According to @QCompounding, Ferrari (RACE) delivers a 24.9% return on invested capital (ROIC) (source: @QCompounding on X, Dec 5, 2025). According to @QCompounding, the company caps production, refuses to discount, and makes customers wait years for delivery, reinforcing scarcity-driven demand (source: @QCompounding). According to @QCompounding, Ferrari should be viewed as a luxury brand that happens to make V12s rather than a volume automaker, aligning its brand strategy with its high ROIC and controlled supply model (source: @QCompounding).