ZEBRA TECHNOLOGIES CORP-CL A (ZBRA) Stock Fundamental Analysis
USA - NASDAQ:ZBRA - US9892071054 - Common Stock
232.71 USD
-7.85 (-3.26%)
232.69 USD
-0.02 (-0.01%)
Taking everything into account, ZBRA scores 6 out of 10 in our fundamental rating. ZBRA was compared to 123 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. ZBRA scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings would make ZBRA suitable for value investing!
1. Profitability
1.1 Basic Checks
ZBRA had positive earnings in the past year.
ZBRA had a positive operating cash flow in the past year.
ZBRA had positive earnings in each of the past 5 years.
ZBRA had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of ZBRA (6.35%) is better than 78.05% of its industry peers.
ZBRA's Return On Equity of 13.66% is amongst the best of the industry. ZBRA outperforms 81.30% of its industry peers.
The Return On Invested Capital of ZBRA (10.71%) is better than 85.37% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ZBRA is above the industry average of 8.98%.
| 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 78.86% of its industry peers.
In the last couple of years the Profit Margin of ZBRA has declined.
The Operating Margin of ZBRA (15.34%) is better than 88.62% of its industry peers.
ZBRA's Operating Margin has been stable in the last couple of years.
ZBRA has a better Gross Margin (48.39%) than 82.93% 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.
ZBRA has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, ZBRA has an improved debt to assets ratio.
2.2 Solvency
ZBRA has an Altman-Z score of 3.73. This indicates that ZBRA is financially healthy and has little risk of bankruptcy at the moment.
ZBRA has a Altman-Z score of 3.73. This is comparable to the rest of the industry: ZBRA outperforms 57.72% of its industry peers.
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.
ZBRA has a Debt to FCF ratio of 2.74. This is in the better half of the industry: ZBRA outperforms 72.36% of its industry peers.
A Debt/Equity ratio of 0.56 indicates that ZBRA is somewhat dependend on debt financing.
ZBRA has a worse Debt to Equity ratio (0.56) than 75.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 2.74 | ||
| Altman-Z | 3.73 |
ROIC/WACC1.22
WACC8.76%
2.3 Liquidity
A Current Ratio of 1.61 indicates that ZBRA should not have too much problems paying its short term obligations.
ZBRA's Current ratio of 1.61 is on the low side compared to the rest of the industry. ZBRA is outperformed by 69.92% of its industry peers.
A Quick Ratio of 1.19 indicates that ZBRA should not have too much problems paying its short term obligations.
ZBRA has a Quick ratio of 1.19. This is in the lower half of the industry: ZBRA underperforms 69.11% of its industry peers.
| 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.
The Earnings Per Share has been growing slightly by 0.88% on average over the past years.
Looking at the last year, ZBRA shows a quite strong growth in Revenue. The Revenue has grown by 12.87% in the last year.
The Revenue has been growing slightly by 2.12% on average over the past years.
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
Based on estimates for the next years, ZBRA will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.92% on average per year.
ZBRA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.48% yearly.
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
ZBRA is valuated correctly with a Price/Earnings ratio of 15.00.
Based on the Price/Earnings ratio, ZBRA is valued cheaper than 85.37% of the companies in the same industry.
When comparing the Price/Earnings ratio of ZBRA to the average of the S&P500 Index (25.56), we can say ZBRA is valued slightly cheaper.
With a Price/Forward Earnings ratio of 13.22, ZBRA is valued correctly.
Based on the Price/Forward Earnings ratio, ZBRA is valued cheaper than 89.43% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.62, ZBRA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15 | ||
| Fwd PE | 13.22 |
4.2 Price Multiples
72.36% of the companies in the same industry are more expensive than ZBRA, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, ZBRA is valued cheaper than 88.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.94 | ||
| EV/EBITDA | 13.71 |
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.
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 13.05% in the coming years.
PEG (NY)0.83
PEG (5Y)17.02
EPS Next 2Y14.16%
EPS Next 3Y13.05%
5. Dividend
5.1 Amount
No dividends for ZBRA!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
232.71
-7.85 (-3.26%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners95.75%
Inst Owner Change2.44%
Ins Owners0.7%
Ins Owner Change-0.34%
Market Cap11.83B
Revenue(TTM)5.25B
Net Income(TTM)512.00M
Analysts79.17
Price Target379.48 (63.07%)
Short Float %2.21%
Short Ratio2.24
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)2.65%
PT rev (3m)6.68%
EPS NQ rev (1m)2.23%
EPS NQ rev (3m)4.38%
EPS NY rev (1m)1.16%
EPS NY rev (3m)8.5%
Revenue NQ rev (1m)4.71%
Revenue NQ rev (3m)5.83%
Revenue NY rev (1m)1.5%
Revenue NY rev (3m)2.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15 | ||
| Fwd PE | 13.22 | ||
| P/S | 2.25 | ||
| P/FCF | 14.94 | ||
| P/OCF | 13.66 | ||
| P/B | 3.16 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.71 |
EPS(TTM)15.51
EY6.66%
EPS(NY)17.61
Fwd EY7.57%
FCF(TTM)15.58
FCFY6.69%
OCF(TTM)17.03
OCFY7.32%
SpS103.34
BVpS73.69
TBVpS-11.01
PEG (NY)0.83
PEG (5Y)17.02
Graham Number160.36
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 | 3.73 |
F-Score9
WACC8.76%
ROIC/WACC1.22
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 15 and the Price/Book (PB) ratio is 3.16.
Can you provide the financial health for ZBRA stock?
The financial health rating of ZEBRA TECHNOLOGIES CORP-CL A (ZBRA) is 5 / 10.