Ferretti S.p.A. (9638.HK)

Ferretti S.p.A. (9638.HK) — VMCI valuation read

Across 120 indicators, Ferretti S.p.A. (9638.HK) lands at VMCI 55/100. The Consumer Cyclical sector median is 50, so the 5-point above-median read is the active comparison. Pillar weighting on the score: Value 35%, Quality 30%, Integrity 15%, Growth 12%, Risk 8%.

No material Form 4 disclosures landed on 9638.HK in the past 30 days. Quiet insider tape removes one signal source; the active reads stay with the trailing-twelve-month financials and the next 10-Q.

**Investor frame.** On Value, 9638.HK trades at 21.0x earnings, 17% above the Consumer Cyclical median of 18.0x; the EV/EBITDA delta of -2.0x reinforces that single line. On Quality, ROIC of 17.0% sits 7.0pp above the Consumer Cyclical median (10.0%). On Risk, net debt to EBITDA of -2.3x leaves covenant headroom for 9638.HK on the trailing balance sheet.

9638.HK fell 1.0% over the trailing 7 days, with a -5.1% read on a 30-day basis.