ZALANDO SE (ZAL.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:ZAL - DE000ZAL1111 - Common Stock
25.72 EUR
+0.44 (+1.74%)
We assign a fundamental rating of 5 out of 10 to ZAL. ZAL was compared to 59 industry peers in the Specialty Retail industry. ZAL has an average financial health and profitability rating. ZAL is not overvalued while it is showing excellent growth. This is an interesting combination. This makes ZAL very considerable for growth investing!
1. Profitability
1.1 Basic Checks
- ZAL had positive earnings in the past year.
- In the past year ZAL had a positive cash flow from operations.
- ZAL had positive earnings in each of the past 5 years.
- In the past 5 years ZAL always reported a positive cash flow from operatings.
1.2 Ratios
- ZAL's Return On Assets of 2.66% is in line compared to the rest of the industry. ZAL outperforms 55.93% of its industry peers.
- ZAL has a Return On Equity of 8.44%. This is in the better half of the industry: ZAL outperforms 64.41% of its industry peers.
- ZAL has a Return On Invested Capital (5.47%) which is comparable to the rest of the industry.
- The Average Return On Invested Capital over the past 3 years for ZAL is significantly below the industry average of 11.42%.
- The last Return On Invested Capital (5.47%) for ZAL is above the 3 year average (3.34%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.66% | ||
| ROE | 8.44% | ||
| ROIC | 5.47% |
ROA(3y)1.48%
ROA(5y)2.26%
ROE(3y)4.56%
ROE(5y)6.95%
ROIC(3y)3.34%
ROIC(5y)4.59%
1.3 Margins
- ZAL has a Profit Margin of 2.06%. This is comparable to the rest of the industry: ZAL outperforms 57.63% of its industry peers.
- ZAL's Profit Margin has improved in the last couple of years.
- ZAL has a Operating Margin (3.30%) which is comparable to the rest of the industry.
- In the last couple of years the Operating Margin of ZAL has grown nicely.
- ZAL's Gross Margin of 40.37% is in line compared to the rest of the industry. ZAL outperforms 57.63% of its industry peers.
- In the last couple of years the Gross Margin of ZAL has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.3% | ||
| PM (TTM) | 2.06% | ||
| GM | 40.37% |
OM growth 3Y-2.26%
OM growth 5Y7.72%
PM growth 3Y1.6%
PM growth 5Y9.08%
GM growth 3Y-0.88%
GM growth 5Y-0.89%
2. Health
2.1 Basic Checks
- ZAL has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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.
- The debt/assets ratio for ZAL has been reduced compared to a year ago.
2.2 Solvency
- ZAL has an Altman-Z score of 2.35. This is not the best score and indicates that ZAL is in the grey zone with still only limited risk for bankruptcy at the moment.
- ZAL has a Altman-Z score (2.35) which is comparable to the rest of the industry.
- ZAL has a debt to FCF ratio of 3.63. This is a good value and a sign of high solvency as ZAL would need 3.63 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 3.63, ZAL is in the better half of the industry, outperforming 67.80% of the companies in the same industry.
- ZAL has a Debt/Equity ratio of 0.44. This is a healthy value indicating a solid balance between debt and equity.
- Looking at the Debt to Equity ratio, with a value of 0.44, ZAL is in the better half of the industry, outperforming 62.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 3.63 | ||
| Altman-Z | 2.35 |
ROIC/WACC0.87
WACC6.28%
2.3 Liquidity
- ZAL has a Current Ratio of 1.12. This is a normal value and indicates that ZAL is financially healthy and should not expect problems in meeting its short term obligations.
- ZAL's Current ratio of 1.12 is in line compared to the rest of the industry. ZAL outperforms 44.07% of its industry peers.
- ZAL has a Quick Ratio of 1.12. This is a bad value and indicates that ZAL is not financially healthy enough and could expect problems in meeting its short term obligations.
- ZAL has a Quick ratio of 0.59. This is comparable to the rest of the industry: ZAL outperforms 52.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.12 | ||
| Quick Ratio | 0.59 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 17.72% over the past year.
- ZAL shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 23.33% yearly.
- The Revenue has grown by 12.06% in the past year. This is quite good.
- The Revenue has been growing by 10.28% on average over the past years. This is quite good.
EPS 1Y (TTM)17.72%
EPS 3Y2.91%
EPS 5Y23.33%
EPS Q2Q%-64.71%
Revenue 1Y (TTM)12.06%
Revenue growth 3Y0.7%
Revenue growth 5Y10.28%
Sales Q2Q%26.46%
3.2 Future
- Based on estimates for the next years, ZAL will show a very strong growth in Earnings Per Share. The EPS will grow by 26.63% on average per year.
- ZAL is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.27% yearly.
EPS Next Y20.6%
EPS Next 2Y25.64%
EPS Next 3Y24.54%
EPS Next 5Y26.63%
Revenue Next Year16.7%
Revenue Next 2Y15.08%
Revenue Next 3Y11.96%
Revenue Next 5Y10.27%
3.3 Evolution
- The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 27.66, which means the current valuation is very expensive for ZAL.
- Based on the Price/Earnings ratio, ZAL is valued a bit cheaper than 61.02% of the companies in the same industry.
- ZAL is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.47, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 16.80 indicates a correct valuation of ZAL.
- Based on the Price/Forward Earnings ratio, ZAL is valued a bit cheaper than 61.02% 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 24.26.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.66 | ||
| Fwd PE | 16.8 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as ZAL.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of ZAL is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.11 | ||
| EV/EBITDA | 8.71 |
4.3 Compensation for Growth
- ZAL's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- The decent profitability rating of ZAL may justify a higher PE ratio.
- A more expensive valuation may be justified as ZAL's earnings are expected to grow with 24.54% in the coming years.
PEG (NY)1.34
PEG (5Y)1.19
EPS Next 2Y25.64%
EPS Next 3Y24.54%
5. Dividend
5.1 Amount
- ZAL does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
FRA:ZAL (1/16/2026, 7:00:00 PM)
25.72
+0.44 (+1.74%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)11-06 2025-11-06/bmo
Earnings (Next)03-12 2026-03-12/amc
Inst Owners60.67%
Inst Owner ChangeN/A
Ins Owners10.12%
Ins Owner ChangeN/A
Market Cap6.79B
Revenue(TTM)11.57B
Net Income(TTM)239.00M
Analysts78.18
Price Target37.08 (44.17%)
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)-32.59%
Min EPS beat(2)-62.87%
Max EPS beat(2)-2.31%
EPS beat(4)2
Avg EPS beat(4)210.92%
Min EPS beat(4)-62.87%
Max EPS beat(4)892.08%
EPS beat(8)4
Avg EPS beat(8)93.43%
EPS beat(12)6
Avg EPS beat(12)41.34%
EPS beat(16)7
Avg EPS beat(16)-15.84%
Revenue beat(2)1
Avg Revenue beat(2)1.48%
Min Revenue beat(2)-0.03%
Max Revenue beat(2)2.99%
Revenue beat(4)3
Avg Revenue beat(4)1.29%
Min Revenue beat(4)-0.03%
Max Revenue beat(4)2.99%
Revenue beat(8)4
Avg Revenue beat(8)0.09%
Revenue beat(12)5
Avg Revenue beat(12)-0.24%
Revenue beat(16)5
Avg Revenue beat(16)-0.64%
PT rev (1m)1.73%
PT rev (3m)-1.11%
EPS NQ rev (1m)0%
EPS NQ rev (3m)9.73%
EPS NY rev (1m)0.84%
EPS NY rev (3m)-0.57%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.68%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)2.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.66 | ||
| Fwd PE | 16.8 | ||
| P/S | 0.59 | ||
| P/FCF | 17.11 | ||
| P/OCF | 11.12 | ||
| P/B | 2.4 | ||
| P/tB | 5.53 | ||
| EV/EBITDA | 8.71 |
EPS(TTM)0.93
EY3.62%
EPS(NY)1.53
Fwd EY5.95%
FCF(TTM)1.5
FCFY5.85%
OCF(TTM)2.31
OCFY8.99%
SpS43.81
BVpS10.72
TBVpS4.65
PEG (NY)1.34
PEG (5Y)1.19
Graham Number14.98
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.66% | ||
| ROE | 8.44% | ||
| ROCE | 8.93% | ||
| ROIC | 5.47% | ||
| ROICexc | 8.23% | ||
| ROICexgc | 18.89% | ||
| OM | 3.3% | ||
| PM (TTM) | 2.06% | ||
| GM | 40.37% | ||
| FCFM | 3.43% |
ROA(3y)1.48%
ROA(5y)2.26%
ROE(3y)4.56%
ROE(5y)6.95%
ROIC(3y)3.34%
ROIC(5y)4.59%
ROICexc(3y)9.52%
ROICexc(5y)14.27%
ROICexgc(3y)13.4%
ROICexgc(5y)19.23%
ROCE(3y)5.45%
ROCE(5y)7.5%
ROICexgc growth 3Y8.96%
ROICexgc growth 5Y22.36%
ROICexc growth 3Y2.72%
ROICexc growth 5Y17.49%
OM growth 3Y-2.26%
OM growth 5Y7.72%
PM growth 3Y1.6%
PM growth 5Y9.08%
GM growth 3Y-0.88%
GM growth 5Y-0.89%
F-Score7
Asset Turnover1.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 3.63 | ||
| Debt/EBITDA | 1.61 | ||
| Cap/Depr | 55.55% | ||
| Cap/Sales | 1.85% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 79.63% | ||
| Profit Quality | 166.19% | ||
| Current Ratio | 1.12 | ||
| Quick Ratio | 0.59 | ||
| Altman-Z | 2.35 |
F-Score7
WACC6.28%
ROIC/WACC0.87
Cap/Depr(3y)86.74%
Cap/Depr(5y)104.05%
Cap/Sales(3y)2.65%
Cap/Sales(5y)2.86%
Profit Quality(3y)549.88%
Profit Quality(5y)378.62%
High Growth Momentum
Growth
EPS 1Y (TTM)17.72%
EPS 3Y2.91%
EPS 5Y23.33%
EPS Q2Q%-64.71%
EPS Next Y20.6%
EPS Next 2Y25.64%
EPS Next 3Y24.54%
EPS Next 5Y26.63%
Revenue 1Y (TTM)12.06%
Revenue growth 3Y0.7%
Revenue growth 5Y10.28%
Sales Q2Q%26.46%
Revenue Next Year16.7%
Revenue Next 2Y15.08%
Revenue Next 3Y11.96%
Revenue Next 5Y10.27%
EBIT growth 1Y2.33%
EBIT growth 3Y-1.58%
EBIT growth 5Y18.79%
EBIT Next Year118.78%
EBIT Next 3Y43.23%
EBIT Next 5Y33.35%
FCF growth 1Y-18.24%
FCF growth 3Y16.44%
FCF growth 5Y84.9%
OCF growth 1Y-20.35%
OCF growth 3Y2.01%
OCF growth 5Y14.86%
ZALANDO SE / ZAL.DE 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 4 / 10 to ZALANDO SE (ZAL.DE). This can be considered as Fairly Valued.
Can you provide the profitability details for ZALANDO SE?
ZALANDO SE (ZAL.DE) has a profitability rating of 6 / 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 27.66 and the Price/Book (PB) ratio is 2.4.
What is the financial health of ZALANDO SE (ZAL.DE) stock?
The financial health rating of ZALANDO SE (ZAL.DE) is 5 / 10.