ZALANDO SE (ZAL.DE) Stock Fundamental Analysis
FRA:ZAL - Deutsche Boerse Ag - DE000ZAL1111 - Common Stock - Currency: EUR
Taking everything into account, ZAL scores 6 out of 10 in our fundamental rating. ZAL was compared to 49 industry peers in the Specialty Retail industry. While ZAL has a great profitability rating, there are some minor concerns on its financial health. ZAL has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year ZAL was profitable.
In the past year ZAL had a positive cash flow from operations.
Each year in the past 5 years ZAL has been profitable.
Each year in the past 5 years ZAL had a positive operating cash flow.
1.2 Ratios
The Return On Assets of ZAL (3.33%) is better than 73.47% of its industry peers.
ZAL's Return On Equity of 10.03% is fine compared to the rest of the industry. ZAL outperforms 73.47% of its industry peers.
With a decent Return On Invested Capital value of 6.33%, ZAL is doing good in the industry, outperforming 67.35% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ZAL is below the industry average of 8.30%.
The last Return On Invested Capital (6.33%) for ZAL is above the 3 year average (3.34%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.33% | ||
| ROE | 10.03% | ||
| ROIC | 6.33% |
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
Looking at the Profit Margin, with a value of 2.51%, ZAL is in the better half of the industry, outperforming 69.39% of the companies in the same industry.
In the last couple of years the Profit Margin of ZAL has grown nicely.
Looking at the Operating Margin, with a value of 3.83%, ZAL is in the better half of the industry, outperforming 67.35% of the companies in the same industry.
In the last couple of years the Operating Margin of ZAL has grown nicely.
ZAL has a Gross Margin (40.85%) which is in line with its industry peers.
ZAL's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.83% | ||
| PM (TTM) | 2.51% | ||
| GM | 40.85% |
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 just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for ZAL has been reduced compared to 1 year ago.
ZAL has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, ZAL has an improved debt to assets ratio.
2.2 Solvency
ZAL has an Altman-Z score of 2.96. 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.
The Altman-Z score of ZAL (2.96) is better than 77.55% of its industry peers.
The Debt to FCF ratio of ZAL is 3.96, which is a good value as it means it would take ZAL, 3.96 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.96, ZAL is in the better half of the industry, outperforming 65.31% of the companies in the same industry.
A Debt/Equity ratio of 0.43 indicates that ZAL is not too dependend on debt financing.
The Debt to Equity ratio of ZAL (0.43) is better than 63.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 3.96 | ||
| Altman-Z | 2.96 |
ROIC/WACC1.01
WACC6.24%
2.3 Liquidity
A Current Ratio of 1.36 indicates that ZAL should not have too much problems paying its short term obligations.
ZAL's Current ratio of 1.36 is fine compared to the rest of the industry. ZAL outperforms 65.31% of its industry peers.
A Quick Ratio of 0.89 indicates that ZAL may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.89, ZAL is in the better half of the industry, outperforming 77.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.36 | ||
| Quick Ratio | 0.89 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 136.36% over the past year.
Measured over the past years, ZAL shows a very strong growth in Earnings Per Share. The EPS has been growing by 23.33% on average per year.
ZAL shows a small growth in Revenue. In the last year, the Revenue has grown by 6.14%.
The Revenue has been growing by 10.28% on average over the past years. This is quite good.
EPS 1Y (TTM)136.36%
EPS 3Y2.91%
EPS 5Y23.33%
EPS Q2Q%233.33%
Revenue 1Y (TTM)6.14%
Revenue growth 3Y0.7%
Revenue growth 5Y10.28%
Sales Q2Q%7.95%
3.2 Future
ZAL is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 24.46% yearly.
Based on estimates for the next years, ZAL will show a small growth in Revenue. The Revenue will grow by 7.36% on average per year.
EPS Next Y23.95%
EPS Next 2Y24.77%
EPS Next 3Y24.16%
EPS Next 5Y24.46%
Revenue Next Year6.73%
Revenue Next 2Y6.2%
Revenue Next 3Y6.16%
Revenue Next 5Y7.36%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
ZAL is valuated quite expensively with a Price/Earnings ratio of 26.81.
ZAL's Price/Earnings ratio is a bit cheaper when compared to the industry. ZAL is cheaper than 61.22% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.45. ZAL is around the same levels.
ZAL is valuated rather expensively with a Price/Forward Earnings ratio of 18.46.
Based on the Price/Forward Earnings ratio, ZAL is valued a bit cheaper than the industry average as 61.22% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 21.90. ZAL is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.81 | ||
| Fwd PE | 18.46 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ZAL is valued a bit cheaper than the industry average as 67.35% of the companies are valued more expensively.
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 | 17.03 | ||
| EV/EBITDA | 8.05 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
ZAL has a very decent profitability rating, which may justify a higher PE ratio.
ZAL's earnings are expected to grow with 24.16% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.12
PEG (5Y)1.15
EPS Next 2Y24.77%
EPS Next 3Y24.16%
5. Dividend
5.1 Amount
ZAL does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FRA:ZAL (7/4/2025, 9:46:08 AM)
27.88
-0.4 (-1.41%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners62.55%
Inst Owner ChangeN/A
Ins Owners10.07%
Ins Owner ChangeN/A
Market Cap7.36B
Analysts77.65
Price Target39.63 (42.14%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)2
Avg EPS beat(2)454.43%
Min EPS beat(2)16.78%
Max EPS beat(2)892.08%
EPS beat(4)4
Avg EPS beat(4)243.23%
Min EPS beat(4)2.21%
Max EPS beat(4)892.08%
EPS beat(8)4
Avg EPS beat(8)68.14%
EPS beat(12)7
Avg EPS beat(12)1.44%
EPS beat(16)7
Avg EPS beat(16)-20.71%
Revenue beat(2)2
Avg Revenue beat(2)1.09%
Min Revenue beat(2)0.99%
Max Revenue beat(2)1.19%
Revenue beat(4)3
Avg Revenue beat(4)0.36%
Min Revenue beat(4)-1.22%
Max Revenue beat(4)1.19%
Revenue beat(8)3
Avg Revenue beat(8)-0.58%
Revenue beat(12)4
Avg Revenue beat(12)-0.66%
Revenue beat(16)6
Avg Revenue beat(16)-0.74%
PT rev (1m)0.02%
PT rev (3m)0.37%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-8.54%
EPS NY rev (1m)0%
EPS NY rev (3m)1.03%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.7%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.34%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.81 | ||
| Fwd PE | 18.46 | ||
| P/S | 0.68 | ||
| P/FCF | 17.03 | ||
| P/OCF | 12.01 | ||
| P/B | 2.74 | ||
| P/tB | 3.22 | ||
| EV/EBITDA | 8.05 |
EPS(TTM)1.04
EY3.73%
EPS(NY)1.51
Fwd EY5.42%
FCF(TTM)1.64
FCFY5.87%
OCF(TTM)2.32
OCFY8.33%
SpS40.7
BVpS10.18
TBVpS8.66
PEG (NY)1.12
PEG (5Y)1.15
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.33% | ||
| ROE | 10.03% | ||
| ROCE | 10.33% | ||
| ROIC | 6.33% | ||
| ROICexc | 16.78% | ||
| ROICexgc | 22.93% | ||
| OM | 3.83% | ||
| PM (TTM) | 2.51% | ||
| GM | 40.85% | ||
| FCFM | 4.02% |
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%
ROICexcg growth 3Y8.96%
ROICexcg 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-Score8
Asset Turnover1.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 3.96 | ||
| Debt/EBITDA | 1.52 | ||
| Cap/Depr | 51.03% | ||
| Cap/Sales | 1.68% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 79.99% | ||
| Profit Quality | 160.17% | ||
| Current Ratio | 1.36 | ||
| Quick Ratio | 0.89 | ||
| Altman-Z | 2.96 |
F-Score8
WACC6.24%
ROIC/WACC1.01
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)136.36%
EPS 3Y2.91%
EPS 5Y23.33%
EPS Q2Q%233.33%
EPS Next Y23.95%
EPS Next 2Y24.77%
EPS Next 3Y24.16%
EPS Next 5Y24.46%
Revenue 1Y (TTM)6.14%
Revenue growth 3Y0.7%
Revenue growth 5Y10.28%
Sales Q2Q%7.95%
Revenue Next Year6.73%
Revenue Next 2Y6.2%
Revenue Next 3Y6.16%
Revenue Next 5Y7.36%
EBIT growth 1Y89.26%
EBIT growth 3Y-1.58%
EBIT growth 5Y18.79%
EBIT Next Year114.38%
EBIT Next 3Y39.75%
EBIT Next 5Y30.53%
FCF growth 1Y0.14%
FCF growth 3Y16.44%
FCF growth 5Y84.9%
OCF growth 1Y-18.75%
OCF growth 3Y2.01%
OCF growth 5Y14.86%