ZEBRA TECHNOLOGIES CORP-CL A (ZBRA) Stock Fundamental Analysis
NASDAQ:ZBRA • US9892071054
253.28 USD
-7.48 (-2.87%)
Last: Feb 18, 2026, 02:56 PM
We assign a fundamental rating of 5 out of 10 to ZBRA. ZBRA was compared to 122 industry peers in the Electronic Equipment, Instruments & Components industry. ZBRA has an excellent profitability rating, but there are some minor concerns on its financial health. ZBRA is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
- In the past year ZBRA was profitable.
- ZBRA had a positive operating cash flow in the past year.
- Each year in the past 5 years ZBRA has been profitable.
- ZBRA had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- ZBRA has a better Return On Assets (4.93%) than 70.49% of its industry peers.
- ZBRA has a Return On Equity of 11.68%. This is in the better half of the industry: ZBRA outperforms 77.05% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 9.50%, ZBRA belongs to the top of the industry, outperforming 84.43% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for ZBRA is in line with the industry average of 8.80%.
- The last Return On Invested Capital (9.50%) for ZBRA is above the 3 year average (9.08%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.93% | ||
| ROE | 11.68% | ||
| ROIC | 9.5% |
ROA(3y)5.2%
ROA(5y)7.04%
ROE(3y)12.05%
ROE(5y)16.23%
ROIC(3y)9.08%
ROIC(5y)11.91%
1.3 Margins
- Looking at the Profit Margin, with a value of 7.77%, ZBRA is in the better half of the industry, outperforming 77.05% of the companies in the same industry.
- In the last couple of years the Profit Margin of ZBRA has declined.
- ZBRA's Operating Margin of 14.83% is amongst the best of the industry. ZBRA outperforms 87.70% of its industry peers.
- In the last couple of years the Operating Margin of ZBRA has remained more or less at the same level.
- ZBRA has a better Gross Margin (48.05%) than 82.79% of its industry peers.
- ZBRA's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.83% | ||
| PM (TTM) | 7.77% | ||
| GM | 48.05% |
OM growth 3Y-2.89%
OM growth 5Y-0.76%
PM growth 3Y-1.03%
PM growth 5Y-7.28%
GM growth 3Y1.92%
GM growth 5Y1.31%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ZBRA is creating some value.
- ZBRA has less shares outstanding than it did 1 year ago.
- The number of shares outstanding for ZBRA has been reduced compared to 5 years ago.
- Compared to 1 year ago, ZBRA has a worse debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 3.42 indicates that ZBRA is not in any danger for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 3.42, ZBRA is in line with its industry, outperforming 57.38% of the companies in the same industry.
- ZBRA has a debt to FCF ratio of 3.01. This is a good value and a sign of high solvency as ZBRA would need 3.01 years to pay back of all of its debts.
- With a decent Debt to FCF ratio value of 3.01, ZBRA is doing good in the industry, outperforming 73.77% of the companies in the same industry.
- ZBRA has a Debt/Equity ratio of 0.66. This is a neutral value indicating ZBRA is somewhat dependend on debt financing.
- ZBRA's Debt to Equity ratio of 0.66 is on the low side compared to the rest of the industry. ZBRA is outperformed by 80.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 3.01 | ||
| Altman-Z | 3.42 |
ROIC/WACC1.02
WACC9.32%
2.3 Liquidity
- ZBRA has a Current Ratio of 0.97. This is a bad value and indicates that ZBRA is not financially healthy enough and could expect problems in meeting its short term obligations.
- With a Current ratio value of 0.97, ZBRA is not doing good in the industry: 90.98% of the companies in the same industry are doing better.
- ZBRA has a Quick Ratio of 0.97. This is a bad value and indicates that ZBRA is not financially healthy enough and could expect problems in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 0.58, ZBRA is doing worse than 91.80% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.58 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 17.25% over the past year.
- The Earnings Per Share has been growing slightly by 4.34% on average over the past years.
- ZBRA shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.33%.
- ZBRA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.94% yearly.
EPS 1Y (TTM)17.25%
EPS 3Y-3.25%
EPS 5Y4.34%
EPS Q2Q%8.25%
Revenue 1Y (TTM)8.33%
Revenue growth 3Y-2.27%
Revenue growth 5Y3.94%
Sales Q2Q%9.22%
3.2 Future
- The Earnings Per Share is expected to grow by 17.27% on average over the next years. This is quite good.
- The Revenue is expected to grow by 11.65% on average over the next years. This is quite good.
EPS Next Y12.75%
EPS Next 2Y11.66%
EPS Next 3Y14.19%
EPS Next 5Y17.27%
Revenue Next Year10.83%
Revenue Next 2Y8.17%
Revenue Next 3Y7.33%
Revenue Next 5Y11.65%
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 accelerating.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 15.99 indicates a correct valuation of ZBRA.
- ZBRA's Price/Earnings ratio is rather cheap when compared to the industry. ZBRA is cheaper than 85.25% of the companies in the same industry.
- When comparing the Price/Earnings ratio of ZBRA to the average of the S&P500 Index (27.16), we can say ZBRA is valued slightly cheaper.
- A Price/Forward Earnings ratio of 14.18 indicates a correct valuation of ZBRA.
- Based on the Price/Forward Earnings ratio, ZBRA is valued cheaply inside the industry as 85.25% of the companies are valued more expensively.
- When comparing the Price/Forward Earnings ratio of ZBRA to the average of the S&P500 Index (28.10), we can say ZBRA is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.99 | ||
| Fwd PE | 14.18 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ZBRA indicates a somewhat cheap valuation: ZBRA is cheaper than 74.59% of the companies listed in the same industry.
- 86.89% of the companies in the same industry are more expensive than ZBRA, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.44 | ||
| EV/EBITDA | 15.82 |
4.3 Compensation for Growth
- ZBRA's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- The decent profitability rating of ZBRA may justify a higher PE ratio.
- A more expensive valuation may be justified as ZBRA's earnings are expected to grow with 14.19% in the coming years.
PEG (NY)1.25
PEG (5Y)3.69
EPS Next 2Y11.66%
EPS Next 3Y14.19%
5. Dividend
5.1 Amount
- ZBRA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
NASDAQ:ZBRA (2/18/2026, 2:56:03 PM)
253.28
-7.48 (-2.87%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)02-12 2026-02-12/bmo
Earnings (Next)05-12 2026-05-12/bmo
Inst Owners98.81%
Inst Owner Change2.62%
Ins Owners0.7%
Ins Owner Change1.58%
Market Cap12.83B
Revenue(TTM)5.40B
Net Income(TTM)419.00M
Analysts79.23
Price Target343.38 (35.57%)
Short Float %2.95%
Short Ratio2.16
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)-0.28%
Min EPS beat(2)-1.97%
Max EPS beat(2)1.41%
EPS beat(4)3
Avg EPS beat(4)3.72%
Min EPS beat(4)-1.97%
Max EPS beat(4)8.97%
EPS beat(8)6
Avg EPS beat(8)5.62%
EPS beat(12)8
Avg EPS beat(12)3.99%
EPS beat(16)11
Avg EPS beat(16)2.96%
Revenue beat(2)0
Avg Revenue beat(2)-1.79%
Min Revenue beat(2)-2.08%
Max Revenue beat(2)-1.49%
Revenue beat(4)0
Avg Revenue beat(4)-1.41%
Min Revenue beat(4)-2.08%
Max Revenue beat(4)-0.61%
Revenue beat(8)3
Avg Revenue beat(8)-0.47%
Revenue beat(12)4
Avg Revenue beat(12)-1.17%
Revenue beat(16)6
Avg Revenue beat(16)-1.21%
PT rev (1m)-5.46%
PT rev (3m)-9.51%
EPS NQ rev (1m)-0.02%
EPS NQ rev (3m)0.13%
EPS NY rev (1m)0.2%
EPS NY rev (3m)0.42%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.99 | ||
| Fwd PE | 14.18 | ||
| P/S | 2.38 | ||
| P/FCF | 15.44 | ||
| P/OCF | 13.99 | ||
| P/B | 3.58 | ||
| P/tB | N/A | ||
| EV/EBITDA | 15.82 |
EPS(TTM)15.84
EY6.25%
EPS(NY)17.86
Fwd EY7.05%
FCF(TTM)16.4
FCFY6.48%
OCF(TTM)18.1
OCFY7.15%
SpS106.51
BVpS70.83
TBVpS-38.45
PEG (NY)1.25
PEG (5Y)3.69
Graham Number158.88
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.93% | ||
| ROE | 11.68% | ||
| ROCE | 12.03% | ||
| ROIC | 9.5% | ||
| ROICexc | 9.68% | ||
| ROICexgc | 63.89% | ||
| OM | 14.83% | ||
| PM (TTM) | 7.77% | ||
| GM | 48.05% | ||
| FCFM | 15.4% |
ROA(3y)5.2%
ROA(5y)7.04%
ROE(3y)12.05%
ROE(5y)16.23%
ROIC(3y)9.08%
ROIC(5y)11.91%
ROICexc(3y)9.75%
ROICexc(5y)12.66%
ROICexgc(3y)53.88%
ROICexgc(5y)104.36%
ROCE(3y)11.5%
ROCE(5y)15.08%
ROICexgc growth 3Y-21.35%
ROICexgc growth 5YN/A
ROICexc growth 3Y-12.63%
ROICexc growth 5Y-9.69%
OM growth 3Y-2.89%
OM growth 5Y-0.76%
PM growth 3Y-1.03%
PM growth 5Y-7.28%
GM growth 3Y1.92%
GM growth 5Y1.31%
F-Score5
Asset Turnover0.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 3.01 | ||
| Debt/EBITDA | 2.4 | ||
| Cap/Depr | 46.49% | ||
| Cap/Sales | 1.59% | ||
| Interest Coverage | 6.2 | ||
| Cash Conversion | 93.1% | ||
| Profit Quality | 198.33% | ||
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.58 | ||
| Altman-Z | 3.42 |
F-Score5
WACC9.32%
ROIC/WACC1.02
Cap/Depr(3y)43.41%
Cap/Depr(5y)39.71%
Cap/Sales(3y)1.56%
Cap/Sales(5y)1.4%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)17.25%
EPS 3Y-3.25%
EPS 5Y4.34%
EPS Q2Q%8.25%
EPS Next Y12.75%
EPS Next 2Y11.66%
EPS Next 3Y14.19%
EPS Next 5Y17.27%
Revenue 1Y (TTM)8.33%
Revenue growth 3Y-2.27%
Revenue growth 5Y3.94%
Sales Q2Q%9.22%
Revenue Next Year10.83%
Revenue Next 2Y8.17%
Revenue Next 3Y7.33%
Revenue Next 5Y11.65%
EBIT growth 1Y4.58%
EBIT growth 3Y-5.1%
EBIT growth 5Y3.15%
EBIT Next Year24.95%
EBIT Next 3Y11.36%
EBIT Next 5Y17.42%
FCF growth 1Y-12.89%
FCF growth 3Y26.25%
FCF growth 5Y-1.47%
OCF growth 1Y-9.48%
OCF growth 3Y23.4%
OCF growth 5Y-0.95%
ZEBRA TECHNOLOGIES CORP-CL A / ZBRA FAQ
Can you provide the ChartMill fundamental rating for ZEBRA TECHNOLOGIES CORP-CL A?
ChartMill assigns a fundamental rating of 5 / 10 to ZBRA.
Can you provide the valuation status for ZEBRA TECHNOLOGIES CORP-CL A?
ChartMill assigns a valuation rating of 7 / 10 to ZEBRA TECHNOLOGIES CORP-CL A (ZBRA). This can be considered as Undervalued.
How profitable is ZEBRA TECHNOLOGIES CORP-CL A (ZBRA) stock?
ZEBRA TECHNOLOGIES CORP-CL A (ZBRA) has a profitability rating of 7 / 10.
How financially healthy is ZEBRA TECHNOLOGIES CORP-CL A?
The financial health rating of ZEBRA TECHNOLOGIES CORP-CL A (ZBRA) is 4 / 10.