ZAPTEC ASA (ZAP.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:ZAP - NO0010713936 - Common Stock
23.35 NOK
-0.85 (-3.51%)
We assign a fundamental rating of 5 out of 10 to ZAP. ZAP was compared to 67 industry peers in the Electrical Equipment industry. ZAP has a great financial health rating, but its profitability evaluates not so good. ZAP is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year ZAP was profitable.
ZAP had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: ZAP reported negative net income in multiple years.
The reported operating cash flow has been mixed in the past 5 years: ZAP reported negative operating cash flow in multiple years.
1.2 Ratios
The Return On Assets of ZAP (0.57%) is comparable to the rest of the industry.
ZAP's Return On Equity of 0.86% is in line compared to the rest of the industry. ZAP outperforms 47.76% of its industry peers.
ZAP has a Return On Invested Capital of 4.36%. This is comparable to the rest of the industry: ZAP outperforms 50.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.57% | ||
| ROE | 0.86% | ||
| ROIC | 4.36% |
ROA(3y)-2.29%
ROA(5y)1.22%
ROE(3y)-4.47%
ROE(5y)0.77%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
ZAP has a Profit Margin (0.44%) which is in line with its industry peers.
ZAP's Operating Margin of 3.43% is in line compared to the rest of the industry. ZAP outperforms 44.78% of its industry peers.
In the last couple of years the Operating Margin of ZAP has declined.
Looking at the Gross Margin, with a value of 39.54%, ZAP is in line with its industry, outperforming 59.70% of the companies in the same industry.
ZAP's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.43% | ||
| PM (TTM) | 0.44% | ||
| GM | 39.54% |
OM growth 3Y-49.13%
OM growth 5Y-32.95%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.13%
GM growth 5Y-2.05%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ZAP is destroying value.
ZAP has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, ZAP has more shares outstanding
ZAP has a worse debt/assets ratio than last year.
2.2 Solvency
ZAP has an Altman-Z score of 5.46. This indicates that ZAP is financially healthy and has little risk of bankruptcy at the moment.
ZAP has a better Altman-Z score (5.46) than 91.04% of its industry peers.
ZAP has a debt to FCF ratio of 0.18. This is a very positive value and a sign of high solvency as it would only need 0.18 years to pay back of all of its debts.
ZAP has a Debt to FCF ratio of 0.18. This is amongst the best in the industry. ZAP outperforms 97.01% of its industry peers.
A Debt/Equity ratio of 0.05 indicates that ZAP is not too dependend on debt financing.
ZAP has a better Debt to Equity ratio (0.05) than 86.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 0.18 | ||
| Altman-Z | 5.46 |
ROIC/WACC0.5
WACC8.79%
2.3 Liquidity
ZAP has a Current Ratio of 3.17. This indicates that ZAP is financially healthy and has no problem in meeting its short term obligations.
ZAP has a better Current ratio (3.17) than 91.04% of its industry peers.
ZAP has a Quick Ratio of 1.58. This is a normal value and indicates that ZAP is financially healthy and should not expect problems in meeting its short term obligations.
ZAP has a better Quick ratio (1.58) than 79.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.17 | ||
| Quick Ratio | 1.58 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 331.89% over the past year.
The Revenue has decreased by -9.66% in the past year.
The Revenue has been growing by 51.94% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)331.89%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%109.61%
Revenue 1Y (TTM)-9.66%
Revenue growth 3Y37.35%
Revenue growth 5Y51.94%
Sales Q2Q%23.41%
3.2 Future
Based on estimates for the next years, ZAP will show a very strong growth in Earnings Per Share. The EPS will grow by 160.52% on average per year.
ZAP is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.40% yearly.
EPS Next Y1236.25%
EPS Next 2Y490.13%
EPS Next 3Y261.47%
EPS Next 5Y160.52%
Revenue Next Year13.83%
Revenue Next 2Y16.66%
Revenue Next 3Y15.25%
Revenue Next 5Y16.4%
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 54.30, the valuation of ZAP can be described as expensive.
ZAP's Price/Earnings ratio is in line with the industry average.
ZAP is valuated expensively when we compare the Price/Earnings ratio to 26.26, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 15.46, ZAP is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ZAP indicates a somewhat cheap valuation: ZAP is cheaper than 76.12% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.68, ZAP is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 54.3 | ||
| Fwd PE | 15.46 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ZAP is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ZAP indicates a rather cheap valuation: ZAP is cheaper than 91.04% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.53 | ||
| EV/EBITDA | 24.49 |
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.
ZAP's earnings are expected to grow with 261.47% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.04
PEG (5Y)N/A
EPS Next 2Y490.13%
EPS Next 3Y261.47%
5. Dividend
5.1 Amount
ZAP does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
OSL:ZAP (12/19/2025, 4:19:51 PM)
23.35
-0.85 (-3.51%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners18.19%
Inst Owner ChangeN/A
Ins Owners0.46%
Ins Owner ChangeN/A
Market Cap2.04B
Revenue(TTM)1.27B
Net Income(TTM)6.03M
Analysts80
Price Target32.13 (37.6%)
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)1
Avg EPS beat(2)-62.71%
Min EPS beat(2)-190.43%
Max EPS beat(2)65.02%
EPS beat(4)2
Avg EPS beat(4)-22.19%
Min EPS beat(4)-429.7%
Max EPS beat(4)466.34%
EPS beat(8)3
Avg EPS beat(8)87.21%
EPS beat(12)4
Avg EPS beat(12)30.75%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)1.29%
Min Revenue beat(2)-1.79%
Max Revenue beat(2)4.38%
Revenue beat(4)1
Avg Revenue beat(4)-5.79%
Min Revenue beat(4)-22.07%
Max Revenue beat(4)4.38%
Revenue beat(8)3
Avg Revenue beat(8)-4.48%
Revenue beat(12)5
Avg Revenue beat(12)-4.19%
Revenue beat(16)6
Avg Revenue beat(16)-3.3%
PT rev (1m)-4.55%
PT rev (3m)-4.55%
EPS NQ rev (1m)0%
EPS NQ rev (3m)5.56%
EPS NY rev (1m)-42.5%
EPS NY rev (3m)-40.17%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.14%
Revenue NY rev (1m)-2.07%
Revenue NY rev (3m)-2.01%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 54.3 | ||
| Fwd PE | 15.46 | ||
| P/S | 1.51 | ||
| P/FCF | 8.53 | ||
| P/OCF | 7.18 | ||
| P/B | 2.92 | ||
| P/tB | 3.98 | ||
| EV/EBITDA | 24.49 |
EPS(TTM)0.43
EY1.84%
EPS(NY)1.51
Fwd EY6.47%
FCF(TTM)2.74
FCFY11.72%
OCF(TTM)3.25
OCFY13.93%
SpS15.5
BVpS7.99
TBVpS5.87
PEG (NY)0.04
PEG (5Y)N/A
Graham Number8.79
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.57% | ||
| ROE | 0.86% | ||
| ROCE | 5.66% | ||
| ROIC | 4.36% | ||
| ROICexc | 5.46% | ||
| ROICexgc | 7.61% | ||
| OM | 3.43% | ||
| PM (TTM) | 0.44% | ||
| GM | 39.54% | ||
| FCFM | 17.66% |
ROA(3y)-2.29%
ROA(5y)1.22%
ROE(3y)-4.47%
ROE(5y)0.77%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y-76.75%
ROICexgc growth 5Y-65.06%
ROICexc growth 3Y-58.28%
ROICexc growth 5Y-41%
OM growth 3Y-49.13%
OM growth 5Y-32.95%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.13%
GM growth 5Y-2.05%
F-Score6
Asset Turnover1.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 0.18 | ||
| Debt/EBITDA | 0.44 | ||
| Cap/Depr | 129.4% | ||
| Cap/Sales | 3.33% | ||
| Interest Coverage | 3.54 | ||
| Cash Conversion | 349.4% | ||
| Profit Quality | 3970.14% | ||
| Current Ratio | 3.17 | ||
| Quick Ratio | 1.58 | ||
| Altman-Z | 5.46 |
F-Score6
WACC8.79%
ROIC/WACC0.5
Cap/Depr(3y)171.15%
Cap/Depr(5y)198.72%
Cap/Sales(3y)4.15%
Cap/Sales(5y)4.72%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)331.89%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%109.61%
EPS Next Y1236.25%
EPS Next 2Y490.13%
EPS Next 3Y261.47%
EPS Next 5Y160.52%
Revenue 1Y (TTM)-9.66%
Revenue growth 3Y37.35%
Revenue growth 5Y51.94%
Sales Q2Q%23.41%
Revenue Next Year13.83%
Revenue Next 2Y16.66%
Revenue Next 3Y15.25%
Revenue Next 5Y16.4%
EBIT growth 1Y222.68%
EBIT growth 3Y-30.13%
EBIT growth 5Y1.88%
EBIT Next Year378.19%
EBIT Next 3Y121.31%
EBIT Next 5Y81.54%
FCF growth 1Y190.67%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y220.57%
OCF growth 3YN/A
OCF growth 5YN/A
ZAPTEC ASA / ZAP.OL FAQ
Can you provide the ChartMill fundamental rating for ZAPTEC ASA?
ChartMill assigns a fundamental rating of 5 / 10 to ZAP.OL.
What is the valuation status for ZAP stock?
ChartMill assigns a valuation rating of 5 / 10 to ZAPTEC ASA (ZAP.OL). This can be considered as Fairly Valued.
How profitable is ZAPTEC ASA (ZAP.OL) stock?
ZAPTEC ASA (ZAP.OL) has a profitability rating of 3 / 10.
Can you provide the financial health for ZAP stock?
The financial health rating of ZAPTEC ASA (ZAP.OL) is 7 / 10.
What is the expected EPS growth for ZAPTEC ASA (ZAP.OL) stock?
The Earnings per Share (EPS) of ZAPTEC ASA (ZAP.OL) is expected to grow by 1236.25% in the next year.