ZALANDO SE (ZAL.DE) Stock Fundamental Analysis
FRA:ZAL • DE000ZAL1111
20.51 EUR
-0.17 (-0.82%)
Last: Feb 13, 2026, 07:00 PM
Overall ZAL gets a fundamental rating of 5 out of 10. We evaluated ZAL against 60 industry peers in the Specialty Retail industry. Both the profitability and the financial health of ZAL get a neutral evaluation. Nothing too spectacular is happening here. ZAL is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! This makes ZAL very considerable for growth investing!
1. Profitability
1.1 Basic Checks
- In the past year ZAL was profitable.
- ZAL had a positive operating cash flow in the past year.
- Each year in the past 5 years ZAL has been profitable.
- In the past 5 years ZAL always reported a positive cash flow from operatings.
1.2 Ratios
- ZAL has a Return On Assets (2.66%) which is in line with its industry peers.
- With a decent Return On Equity value of 8.44%, ZAL is doing good in the industry, outperforming 65.00% of the companies in the same industry.
- The Return On Invested Capital of ZAL (5.47%) 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 10.21%.
- 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
- Looking at the Profit Margin, with a value of 2.06%, ZAL is in line with its industry, outperforming 60.00% of the companies in the same industry.
- ZAL's Profit Margin has improved in the last couple of years.
- Looking at the Operating Margin, with a value of 3.30%, ZAL is in line with its industry, outperforming 53.33% of the companies in the same industry.
- ZAL's Operating Margin has improved in the last couple of years.
- ZAL's Gross Margin of 40.37% is fine compared to the rest of the industry. ZAL outperforms 63.33% of its industry peers.
- ZAL's Gross Margin has been stable in the last couple of years.
| 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
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ZAL is destroying value.
- Compared to 1 year ago, ZAL has less shares outstanding
- 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 2.21. 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's Altman-Z score of 2.21 is in line compared to the rest of the industry. ZAL outperforms 53.33% of its industry peers.
- 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.
- ZAL has a better Debt to FCF ratio (3.63) than 70.00% of its industry peers.
- A Debt/Equity ratio of 0.44 indicates that ZAL is not too dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.44, ZAL is in the better half of the industry, outperforming 65.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 3.63 | ||
| Altman-Z | 2.21 |
ROIC/WACC0.88
WACC6.2%
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 41.67% 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 55.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.12 | ||
| Quick Ratio | 0.59 |
3. Growth
3.1 Past
- ZAL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 17.72%, which is quite good.
- 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.
- Measured over the past years, ZAL shows a quite strong growth in Revenue. The Revenue has been growing by 10.28% on average per year.
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 27.45% on average per year.
- The Revenue is expected to grow by 9.99% on average over the next years. This is quite good.
EPS Next Y19.08%
EPS Next 2Y24.54%
EPS Next 3Y25.18%
EPS Next 5Y27.45%
Revenue Next Year16.7%
Revenue Next 2Y15.08%
Revenue Next 3Y11.96%
Revenue Next 5Y9.99%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
- 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
- With a Price/Earnings ratio of 22.05, ZAL is valued on the expensive side.
- ZAL's Price/Earnings ratio is a bit cheaper when compared to the industry. ZAL is cheaper than 68.33% of the companies in the same industry.
- When comparing the Price/Earnings ratio of ZAL to the average of the S&P500 Index (26.68), we can say ZAL is valued inline with the index average.
- Based on the Price/Forward Earnings ratio of 13.63, the valuation of ZAL can be described as correct.
- Based on the Price/Forward Earnings ratio, ZAL is valued a bit cheaper than the industry average as 71.67% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 28.06, ZAL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.05 | ||
| Fwd PE | 13.63 |
4.2 Price Multiples
- 66.67% of the companies in the same industry are more expensive than ZAL, based on the Enterprise Value to EBITDA ratio.
- 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 | 13.64 | ||
| EV/EBITDA | 6.91 |
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.
- A more expensive valuation may be justified as ZAL's earnings are expected to grow with 25.18% in the coming years.
PEG (NY)1.16
PEG (5Y)0.95
EPS Next 2Y24.54%
EPS Next 3Y25.18%
5. Dividend
5.1 Amount
- No dividends for ZAL!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
FRA:ZAL (2/13/2026, 7:00:00 PM)
20.51
-0.17 (-0.82%)
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 Cap5.42B
Revenue(TTM)11.57B
Net Income(TTM)239.00M
Analysts80
Price Target36.87 (79.77%)
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)1.06%
PT rev (3m)0.06%
EPS NQ rev (1m)8.06%
EPS NQ rev (3m)16.18%
EPS NY rev (1m)-1.26%
EPS NY rev (3m)-2.96%
Revenue NQ rev (1m)0.32%
Revenue NQ rev (3m)1%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.05 | ||
| Fwd PE | 13.63 | ||
| P/S | 0.47 | ||
| P/FCF | 13.64 | ||
| P/OCF | 8.87 | ||
| P/B | 1.91 | ||
| P/tB | 4.41 | ||
| EV/EBITDA | 6.91 |
EPS(TTM)0.93
EY4.53%
EPS(NY)1.5
Fwd EY7.34%
FCF(TTM)1.5
FCFY7.33%
OCF(TTM)2.31
OCFY11.27%
SpS43.81
BVpS10.72
TBVpS4.65
PEG (NY)1.16
PEG (5Y)0.95
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 | 2.21 |
F-Score7
WACC6.2%
ROIC/WACC0.88
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 Y19.08%
EPS Next 2Y24.54%
EPS Next 3Y25.18%
EPS Next 5Y27.45%
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 5Y9.99%
EBIT growth 1Y2.33%
EBIT growth 3Y-1.58%
EBIT growth 5Y18.79%
EBIT Next Year118.78%
EBIT Next 3Y43.23%
EBIT Next 5Y33.06%
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 5 / 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 22.05 and the Price/Book (PB) ratio is 1.91.
What is the financial health of ZALANDO SE (ZAL.DE) stock?
The financial health rating of ZALANDO SE (ZAL.DE) is 5 / 10.