ZALANDO SE (ZAL.DE) Fundamental Analysis & Valuation
FRA:ZAL • DE000ZAL1111
Current stock price
22.28 EUR
+0.42 (+1.92%)
Last:
This ZAL.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. ZAL.DE Profitability Analysis
1.1 Basic Checks
- ZAL had positive earnings in the past year.
- In the past year ZAL had a positive cash flow from operations.
- Each year in the past 5 years ZAL has been profitable.
- ZAL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- ZAL has a Return On Assets of 2.30%. This is comparable to the rest of the industry: ZAL outperforms 59.26% of its industry peers.
- ZAL has a Return On Equity (7.53%) which is comparable to the rest of the industry.
- With a Return On Invested Capital value of 5.75%, ZAL perfoms like the industry average, outperforming 55.56% of the companies in the same industry.
- ZAL had an Average Return On Invested Capital over the past 3 years of 4.95%. This is below the industry average of 8.87%.
- The last Return On Invested Capital (5.75%) for ZAL is above the 3 year average (4.95%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.3% | ||
| ROE | 7.53% | ||
| ROIC | 5.75% |
ROA(3y)2.17%
ROA(5y)2.03%
ROE(3y)6.82%
ROE(5y)6.36%
ROIC(3y)4.95%
ROIC(5y)4.61%
1.3 Margins
- ZAL has a Profit Margin of 1.72%. This is comparable to the rest of the industry: ZAL outperforms 59.26% of its industry peers.
- In the last couple of years the Profit Margin of ZAL has declined.
- ZAL has a Operating Margin (3.14%) which is comparable to the rest of the industry.
- In the last couple of years the Operating Margin of ZAL has declined.
- With a decent Gross Margin value of 39.88%, ZAL is doing good in the industry, outperforming 61.11% of the companies in the same industry.
- ZAL's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.14% | ||
| PM (TTM) | 1.72% | ||
| GM | 39.88% |
OM growth 3Y58.82%
OM growth 5Y-7.36%
PM growth 3Y119.73%
PM growth 5Y-9.47%
GM growth 3Y0.57%
GM growth 5Y-1.27%
2. ZAL.DE Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ZAL is destroying value.
- The number of shares outstanding for ZAL has been reduced compared to 1 year ago.
- The number of shares outstanding for ZAL has been increased compared to 5 years ago.
- Compared to 1 year ago, ZAL has an improved debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 2.27 indicates that ZAL is not a great score, but indicates only limited risk for bankruptcy at the moment.
- ZAL has a Altman-Z score of 2.27. This is in the better half of the industry: ZAL outperforms 61.11% of its industry peers.
- The Debt to FCF ratio of ZAL is 1.60, which is an excellent value as it means it would take ZAL, only 1.60 years of fcf income to pay off all of its debts.
- With an excellent Debt to FCF ratio value of 1.60, ZAL belongs to the best of the industry, outperforming 90.74% of the companies in the same industry.
- ZAL has a Debt/Equity ratio of 0.45. This is a healthy value indicating a solid balance between debt and equity.
- ZAL has a better Debt to Equity ratio (0.45) than 68.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 1.6 | ||
| Altman-Z | 2.27 |
ROIC/WACC0.91
WACC6.3%
2.3 Liquidity
- ZAL has a Current Ratio of 1.11. This is a normal value and indicates that ZAL is financially healthy and should not expect problems in meeting its short term obligations.
- The Current ratio of ZAL (1.11) is comparable to the rest of the industry.
- ZAL has a Quick Ratio of 1.11. This is a bad value and indicates that ZAL is not financially healthy enough and could expect problems in meeting its short term obligations.
- With a decent Quick ratio value of 0.68, ZAL is doing good in the industry, outperforming 62.96% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.11 | ||
| Quick Ratio | 0.68 |
3. ZAL.DE Growth Analysis
3.1 Past
- The earnings per share for ZAL have decreased strongly by -16.49% in the last year.
- Measured over the past years, ZAL shows a decrease in Earnings Per Share. The EPS has been decreasing by -1.19% on average per year.
- The Revenue has grown by 16.78% in the past year. This is quite good.
- ZAL shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.11% yearly.
EPS 1Y (TTM)-16.49%
EPS 3Y153.03%
EPS 5Y-1.19%
EPS Q2Q%-26.09%
Revenue 1Y (TTM)16.78%
Revenue growth 3Y6.07%
Revenue growth 5Y9.11%
Sales Q2Q%23.38%
3.2 Future
- The Earnings Per Share is expected to grow by 36.35% on average over the next years. This is a very strong growth
- ZAL is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.82% yearly.
EPS Next Y82.67%
EPS Next 2Y52.19%
EPS Next 3Y42.36%
EPS Next 5Y36.35%
Revenue Next Year13.89%
Revenue Next 2Y10.04%
Revenue Next 3Y8.72%
Revenue Next 5Y8.82%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. ZAL.DE Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 27.51, ZAL can be considered very expensive at the moment.
- ZAL's Price/Earnings is on the same level as the industry average.
- ZAL's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.91.
- With a Price/Forward Earnings ratio of 15.06, ZAL is valued correctly.
- Based on the Price/Forward Earnings ratio, ZAL is valued a bit cheaper than 66.67% of the companies in the same industry.
- ZAL's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.51 | ||
| Fwd PE | 15.06 |
4.2 Price Multiples
- ZAL's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ZAL is cheaper than 64.81% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, ZAL is valued a bit cheaper than the industry average as 68.52% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.51 | ||
| EV/EBITDA | 6.51 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- ZAL's earnings are expected to grow with 42.36% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.33
PEG (5Y)N/A
EPS Next 2Y52.19%
EPS Next 3Y42.36%
5. ZAL.DE Dividend Analysis
5.1 Amount
- ZAL does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
ZAL.DE Fundamentals: All Metrics, Ratios and Statistics
FRA:ZAL (4/9/2026, 5:36:16 PM)
22.28
+0.42 (+1.92%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)03-12 2026-03-12/bmo
Earnings (Next)05-06 2026-05-06
Inst Owners58.44%
Inst Owner ChangeN/A
Ins Owners10.12%
Ins Owner ChangeN/A
Market Cap5.89B
Revenue(TTM)12.35B
Net Income(TTM)212.70M
Analysts81.82
Price Target36.55 (64.05%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-56.31%
Min EPS beat(2)-62.87%
Max EPS beat(2)-49.76%
EPS beat(4)1
Avg EPS beat(4)194.29%
Min EPS beat(4)-62.87%
Max EPS beat(4)892.08%
EPS beat(8)4
Avg EPS beat(8)89.21%
EPS beat(12)5
Avg EPS beat(12)36.9%
EPS beat(16)7
Avg EPS beat(16)-17.74%
Revenue beat(2)1
Avg Revenue beat(2)0.66%
Min Revenue beat(2)-1.67%
Max Revenue beat(2)2.99%
Revenue beat(4)2
Avg Revenue beat(4)0.62%
Min Revenue beat(4)-1.67%
Max Revenue beat(4)2.99%
Revenue beat(8)4
Avg Revenue beat(8)0.1%
Revenue beat(12)5
Avg Revenue beat(12)-0.24%
Revenue beat(16)5
Avg Revenue beat(16)-0.47%
PT rev (1m)-0.31%
PT rev (3m)0.17%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-3.38%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.23%
Revenue NY rev (3m)0.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.51 | ||
| Fwd PE | 15.06 | ||
| P/S | 0.48 | ||
| P/FCF | 6.51 | ||
| P/OCF | 5.23 | ||
| P/B | 2.08 | ||
| P/tB | 5.04 | ||
| EV/EBITDA | 6.51 |
EPS(TTM)0.81
EY3.64%
EPS(NY)1.48
Fwd EY6.64%
FCF(TTM)3.42
FCFY15.36%
OCF(TTM)4.26
OCFY19.14%
SpS46.73
BVpS10.7
TBVpS4.42
PEG (NY)0.33
PEG (5Y)N/A
Graham Number13.96
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.3% | ||
| ROE | 7.53% | ||
| ROCE | 9.01% | ||
| ROIC | 5.75% | ||
| ROICexc | 10.6% | ||
| ROICexgc | 36.66% | ||
| OM | 3.14% | ||
| PM (TTM) | 1.72% | ||
| GM | 39.88% | ||
| FCFM | 7.32% |
ROA(3y)2.17%
ROA(5y)2.03%
ROE(3y)6.82%
ROE(5y)6.36%
ROIC(3y)4.95%
ROIC(5y)4.61%
ROICexc(3y)12.52%
ROICexc(5y)11.66%
ROICexgc(3y)24.98%
ROICexgc(5y)20.08%
ROCE(3y)7.77%
ROCE(5y)7.23%
ROICexgc growth 3Y117.1%
ROICexgc growth 5Y0.15%
ROICexc growth 3Y56.14%
ROICexc growth 5Y-16.83%
OM growth 3Y58.82%
OM growth 5Y-7.36%
PM growth 3Y119.73%
PM growth 5Y-9.47%
GM growth 3Y0.57%
GM growth 5Y-1.27%
F-Score6
Asset Turnover1.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 1.6 | ||
| Debt/EBITDA | 1.6 | ||
| Cap/Depr | 54.95% | ||
| Cap/Sales | 1.8% | ||
| Interest Coverage | 7.59 | ||
| Cash Conversion | 142.19% | ||
| Profit Quality | 424.92% | ||
| Current Ratio | 1.11 | ||
| Quick Ratio | 0.68 | ||
| Altman-Z | 2.27 |
F-Score6
WACC6.3%
ROIC/WACC0.91
Cap/Depr(3y)65.4%
Cap/Depr(5y)91.31%
Cap/Sales(3y)2.12%
Cap/Sales(5y)2.59%
Profit Quality(3y)476.64%
Profit Quality(5y)439.08%
High Growth Momentum
Growth
EPS 1Y (TTM)-16.49%
EPS 3Y153.03%
EPS 5Y-1.19%
EPS Q2Q%-26.09%
EPS Next Y82.67%
EPS Next 2Y52.19%
EPS Next 3Y42.36%
EPS Next 5Y36.35%
Revenue 1Y (TTM)16.78%
Revenue growth 3Y6.07%
Revenue growth 5Y9.11%
Sales Q2Q%23.38%
Revenue Next Year13.89%
Revenue Next 2Y10.04%
Revenue Next 3Y8.72%
Revenue Next 5Y8.82%
EBIT growth 1Y-1.07%
EBIT growth 3Y68.47%
EBIT growth 5Y1.08%
EBIT Next Year113.43%
EBIT Next 3Y44.5%
EBIT Next 5Y31.63%
FCF growth 1Y102.06%
FCF growth 3Y102.84%
FCF growth 5Y26.66%
OCF growth 1Y72.19%
OCF growth 3Y34.79%
OCF growth 5Y16.39%
ZALANDO SE / ZAL.DE Fundamental Analysis FAQ
Can you provide the ChartMill fundamental rating for ZALANDO SE?
ChartMill assigns a fundamental rating of 5 / 10 to ZAL.DE.
Can you provide the valuation status for ZALANDO SE?
ChartMill assigns a valuation rating of 5 / 10 to ZALANDO SE (ZAL.DE). This can be considered as Fairly Valued.
What is the profitability of ZAL stock?
ZALANDO SE (ZAL.DE) has a profitability rating of 5 / 10.
What is the valuation of ZALANDO SE based on its PE and PB ratios?
The Price/Earnings (PE) ratio for ZALANDO SE (ZAL.DE) is 27.51 and the Price/Book (PB) ratio is 2.08.