264.81 USD
+1.76 (+0.67%)
264.19 USD
-0.62 (-0.23%)
We assign a fundamental rating of 6 out of 10 to ZBRA. ZBRA was compared to 125 industry peers in the Electronic Equipment, Instruments & Components industry. While ZBRA belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on ZBRA. These ratings would make ZBRA suitable for value investing!
1. Profitability
1.1 Basic Checks
In the past year ZBRA was profitable.
In the past year ZBRA had a positive cash flow from operations.
In the past 5 years ZBRA has always 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 (6.35%) than 76.80% of its industry peers.
The Return On Equity of ZBRA (13.66%) is better than 80.00% of its industry peers.
The Return On Invested Capital of ZBRA (10.71%) is better than 85.60% of its industry peers.
ZBRA had an Average Return On Invested Capital over the past 3 years of 11.59%. This is above the industry average of 9.17%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.35% | ||
| ROE | 13.66% | ||
| ROIC | 10.71% |
ROA(3y)5.61%
ROA(5y)7.93%
ROE(3y)13.8%
ROE(5y)18.59%
ROIC(3y)11.59%
ROIC(5y)14.22%
1.3 Margins
ZBRA has a Profit Margin of 9.74%. This is in the better half of the industry: ZBRA outperforms 79.20% of its industry peers.
ZBRA's Profit Margin has declined in the last couple of years.
With an excellent Operating Margin value of 15.34%, ZBRA belongs to the best of the industry, outperforming 88.80% of the companies in the same industry.
ZBRA's Operating Margin has been stable in the last couple of years.
ZBRA has a Gross Margin of 48.39%. This is amongst the best in the industry. ZBRA outperforms 83.20% of its industry peers.
ZBRA's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.34% | ||
| PM (TTM) | 9.74% | ||
| GM | 48.39% |
OM growth 3Y-5.09%
OM growth 5Y-0.99%
PM growth 3Y-10.68%
PM growth 5Y-2.66%
GM growth 3Y1.23%
GM growth 5Y0.68%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ZBRA is still creating some value.
ZBRA has more 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 an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.88 indicates that ZBRA is not in any danger for bankruptcy at the moment.
The Altman-Z score of ZBRA (3.88) is comparable to the rest of the industry.
ZBRA has a debt to FCF ratio of 2.74. This is a good value and a sign of high solvency as ZBRA would need 2.74 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.74, ZBRA is in the better half of the industry, outperforming 72.00% of the companies in the same industry.
ZBRA has a Debt/Equity ratio of 0.56. This is a neutral value indicating ZBRA is somewhat dependend on debt financing.
The Debt to Equity ratio of ZBRA (0.56) is worse than 76.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 2.74 | ||
| Altman-Z | 3.88 |
ROIC/WACC1.25
WACC8.55%
2.3 Liquidity
A Current Ratio of 1.61 indicates that ZBRA should not have too much problems paying its short term obligations.
ZBRA has a Current ratio of 1.61. This is in the lower half of the industry: ZBRA underperforms 70.40% of its industry peers.
A Quick Ratio of 1.19 indicates that ZBRA should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.19, ZBRA is not doing good in the industry: 70.40% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.61 | ||
| Quick Ratio | 1.19 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 38.24% over the past year.
Measured over the past 5 years, ZBRA shows a small growth in Earnings Per Share. The EPS has been growing by 0.88% on average per year.
The Revenue has grown by 12.87% in the past year. This is quite good.
Measured over the past years, ZBRA shows a small growth in Revenue. The Revenue has been growing by 2.12% on average per year.
EPS 1Y (TTM)38.24%
EPS 3Y-9.87%
EPS 5Y0.88%
EPS Q2Q%11.17%
Revenue 1Y (TTM)12.87%
Revenue growth 3Y-3.98%
Revenue growth 5Y2.12%
Sales Q2Q%5.18%
3.2 Future
The Earnings Per Share is expected to grow by 13.92% on average over the next years. This is quite good.
Based on estimates for the next years, ZBRA will show a small growth in Revenue. The Revenue will grow by 6.48% on average per year.
EPS Next Y18.03%
EPS Next 2Y14.16%
EPS Next 3Y13.05%
EPS Next 5Y13.92%
Revenue Next Year8.29%
Revenue Next 2Y9.04%
Revenue Next 3Y7.72%
Revenue Next 5Y6.48%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 17.07, the valuation of ZBRA can be described as rather expensive.
83.20% of the companies in the same industry are more expensive than ZBRA, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.46, ZBRA is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 15.04, the valuation of ZBRA can be described as correct.
Based on the Price/Forward Earnings ratio, ZBRA is valued cheaper than 86.40% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.10, ZBRA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.07 | ||
| Fwd PE | 15.04 |
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 71.20% of the companies listed in the same industry.
ZBRA's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ZBRA is cheaper than 87.20% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.94 | ||
| EV/EBITDA | 14.83 |
4.3 Compensation for Growth
ZBRA's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
ZBRA has a very decent profitability rating, which may justify a higher PE ratio.
ZBRA's earnings are expected to grow with 13.05% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.95
PEG (5Y)19.37
EPS Next 2Y14.16%
EPS Next 3Y13.05%
5. Dividend
5.1 Amount
ZBRA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
264.81
+1.76 (+0.67%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners98.6%
Inst Owner Change0.76%
Ins Owners0.71%
Ins Owner Change-0.04%
Market Cap13.42B
Revenue(TTM)5.25B
Net Income(TTM)512.00M
Analysts79.17
Price Target365.92 (38.18%)
Short Float %1.88%
Short Ratio1.38
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)3.94%
Min EPS beat(2)1.41%
Max EPS beat(2)6.47%
EPS beat(4)3
Avg EPS beat(4)4.07%
Min EPS beat(4)-0.59%
Max EPS beat(4)8.97%
EPS beat(8)7
Avg EPS beat(8)6.01%
EPS beat(12)9
Avg EPS beat(12)4.27%
EPS beat(16)12
Avg EPS beat(16)3.16%
Revenue beat(2)0
Avg Revenue beat(2)-1.47%
Min Revenue beat(2)-1.49%
Max Revenue beat(2)-1.45%
Revenue beat(4)0
Avg Revenue beat(4)-1.05%
Min Revenue beat(4)-1.49%
Max Revenue beat(4)-0.61%
Revenue beat(8)3
Avg Revenue beat(8)-0.33%
Revenue beat(12)5
Avg Revenue beat(12)-0.89%
Revenue beat(16)6
Avg Revenue beat(16)-1.18%
PT rev (1m)-3.57%
PT rev (3m)-1.02%
EPS NQ rev (1m)1.92%
EPS NQ rev (3m)2.87%
EPS NY rev (1m)0.84%
EPS NY rev (3m)1.59%
Revenue NQ rev (1m)3.26%
Revenue NQ rev (3m)5.83%
Revenue NY rev (1m)0.94%
Revenue NY rev (3m)1.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.07 | ||
| Fwd PE | 15.04 | ||
| P/S | 2.55 | ||
| P/FCF | 16.94 | ||
| P/OCF | 15.49 | ||
| P/B | 3.58 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.83 |
EPS(TTM)15.51
EY5.86%
EPS(NY)17.61
Fwd EY6.65%
FCF(TTM)15.63
FCFY5.9%
OCF(TTM)17.09
OCFY6.46%
SpS103.73
BVpS73.96
TBVpS-11.05
PEG (NY)0.95
PEG (5Y)19.37
Graham Number160.66
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.35% | ||
| ROE | 13.66% | ||
| ROCE | 12.47% | ||
| ROIC | 10.71% | ||
| ROICexc | 12.79% | ||
| ROICexgc | 62.7% | ||
| OM | 15.34% | ||
| PM (TTM) | 9.74% | ||
| GM | 48.39% | ||
| FCFM | 15.07% |
ROA(3y)5.61%
ROA(5y)7.93%
ROE(3y)13.8%
ROE(5y)18.59%
ROIC(3y)11.59%
ROIC(5y)14.22%
ROICexc(3y)12.35%
ROICexc(5y)15.17%
ROICexgc(3y)83.03%
ROICexgc(5y)N/A
ROCE(3y)13.49%
ROCE(5y)16.56%
ROICexgc growth 3Y-36.88%
ROICexgc growth 5Y-17.49%
ROICexc growth 3Y-16.79%
ROICexc growth 5Y-8.38%
OM growth 3Y-5.09%
OM growth 5Y-0.99%
PM growth 3Y-10.68%
PM growth 5Y-2.66%
GM growth 3Y1.23%
GM growth 5Y0.68%
F-Score9
Asset Turnover0.65
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 2.74 | ||
| Debt/EBITDA | 2.16 | ||
| Cap/Depr | 44.05% | ||
| Cap/Sales | 1.41% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 88.91% | ||
| Profit Quality | 154.69% | ||
| Current Ratio | 1.61 | ||
| Quick Ratio | 1.19 | ||
| Altman-Z | 3.88 |
F-Score9
WACC8.55%
ROIC/WACC1.25
Cap/Depr(3y)40.17%
Cap/Depr(5y)39.59%
Cap/Sales(3y)1.46%
Cap/Sales(5y)1.39%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)38.24%
EPS 3Y-9.87%
EPS 5Y0.88%
EPS Q2Q%11.17%
EPS Next Y18.03%
EPS Next 2Y14.16%
EPS Next 3Y13.05%
EPS Next 5Y13.92%
Revenue 1Y (TTM)12.87%
Revenue growth 3Y-3.98%
Revenue growth 5Y2.12%
Sales Q2Q%5.18%
Revenue Next Year8.29%
Revenue Next 2Y9.04%
Revenue Next 3Y7.72%
Revenue Next 5Y6.48%
EBIT growth 1Y28.14%
EBIT growth 3Y-8.88%
EBIT growth 5Y1.11%
EBIT Next Year21.56%
EBIT Next 3Y13.7%
EBIT Next 5Y10.72%
FCF growth 1Y1484%
FCF growth 3Y-1.88%
FCF growth 5Y8.86%
OCF growth 1Y609.84%
OCF growth 3Y-1.78%
OCF growth 5Y8.14%
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 6 / 10 to ZBRA.
What is the valuation status for ZBRA stock?
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.
What are the PE and PB ratios of ZEBRA TECHNOLOGIES CORP-CL A (ZBRA) stock?
The Price/Earnings (PE) ratio for ZEBRA TECHNOLOGIES CORP-CL A (ZBRA) is 17.07 and the Price/Book (PB) ratio is 3.58.
Can you provide the financial health for ZBRA stock?
The financial health rating of ZEBRA TECHNOLOGIES CORP-CL A (ZBRA) is 5 / 10.