242.82 USD
-3.92 (-1.59%)
242.82 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to ZBRA. ZBRA was compared to 124 industry peers in the Electronic Equipment, Instruments & Components industry. ZBRA scores excellent on profitability, but there are some minor concerns on its financial health. ZBRA may be a bit undervalued, certainly considering the very reasonable score on growth These ratings could make ZBRA a good candidate 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.
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
The Return On Assets of ZBRA (6.35%) is better than 78.23% of its industry peers.
ZBRA has a better Return On Equity (13.66%) than 80.65% of its industry peers.
With an excellent Return On Invested Capital value of 10.71%, ZBRA belongs to the best of the industry, outperforming 87.10% of the companies in the same industry.
ZBRA had an Average Return On Invested Capital over the past 3 years of 11.59%. This is above the industry average of 9.00%.
| 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 amongst the best in the industry. ZBRA outperforms 80.65% 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 88.71% 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 83.06% 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ZBRA is creating some value.
Compared to 1 year ago, ZBRA has more shares outstanding
The number of shares outstanding for ZBRA has been reduced compared to 5 years ago.
The debt/assets ratio for ZBRA has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.74 indicates that ZBRA is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.74, ZBRA is in line with its industry, outperforming 58.87% of the companies in the same industry.
The Debt to FCF ratio of ZBRA is 2.74, which is a good value as it means it would take ZBRA, 2.74 years of fcf income to pay off 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 71.77% of its industry peers.
A Debt/Equity ratio of 0.56 indicates that ZBRA is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.56, ZBRA is doing worse than 75.81% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 2.74 | ||
| Altman-Z | 3.74 |
ROIC/WACC1.18
WACC9.05%
2.3 Liquidity
ZBRA has a Current Ratio of 1.61. This is a normal value and indicates that ZBRA is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.61, ZBRA is doing worse than 70.16% of the companies in the same industry.
ZBRA has a Quick Ratio of 1.19. This is a normal value and indicates that ZBRA is financially healthy and should not expect problems in meeting its short term obligations.
ZBRA has a Quick ratio of 1.19. This is in the lower half of the industry: ZBRA underperforms 70.97% 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.
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 Y18.28%
EPS Next 2Y15.17%
EPS Next 3Y13.96%
EPS Next 5Y13.92%
Revenue Next Year8.45%
Revenue Next 2Y9.22%
Revenue Next 3Y7.92%
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
The Price/Earnings ratio is 15.66, which indicates a correct valuation of ZBRA.
ZBRA's Price/Earnings ratio is rather cheap when compared to the industry. ZBRA is cheaper than 87.10% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.51, ZBRA is valued a bit cheaper.
A Price/Forward Earnings ratio of 13.55 indicates a correct valuation of ZBRA.
ZBRA's Price/Forward Earnings ratio is rather cheap when compared to the industry. ZBRA is cheaper than 88.71% of the companies in the same industry.
ZBRA's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.13.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.66 | ||
| Fwd PE | 13.55 |
4.2 Price Multiples
74.19% 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 88.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.53 | ||
| EV/EBITDA | 13.78 |
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.
ZBRA has a very decent profitability rating, which may justify a higher PE ratio.
ZBRA's earnings are expected to grow with 13.96% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.86
PEG (5Y)17.76
EPS Next 2Y15.17%
EPS Next 3Y13.96%
5. Dividend
5.1 Amount
ZBRA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
242.82
-3.92 (-1.59%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners98.6%
Inst Owner Change0.81%
Ins Owners0.71%
Ins Owner Change-0.17%
Market Cap12.30B
Revenue(TTM)5.25B
Net Income(TTM)512.00M
Analysts79.17
Price Target363.2 (49.58%)
Short Float %2.11%
Short Ratio1.5
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)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)-0.74%
PT rev (3m)-1.75%
EPS NQ rev (1m)0%
EPS NQ rev (3m)2.87%
EPS NY rev (1m)0.22%
EPS NY rev (3m)1.38%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)5.83%
Revenue NY rev (1m)0.15%
Revenue NY rev (3m)1.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.66 | ||
| Fwd PE | 13.55 | ||
| P/S | 2.34 | ||
| P/FCF | 15.53 | ||
| P/OCF | 14.2 | ||
| P/B | 3.28 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.78 |
EPS(TTM)15.51
EY6.39%
EPS(NY)17.92
Fwd EY7.38%
FCF(TTM)15.63
FCFY6.44%
OCF(TTM)17.09
OCFY7.04%
SpS103.73
BVpS73.96
TBVpS-11.05
PEG (NY)0.86
PEG (5Y)17.76
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 | 3.74 |
F-Score9
WACC9.05%
ROIC/WACC1.18
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 Y18.28%
EPS Next 2Y15.17%
EPS Next 3Y13.96%
EPS Next 5Y13.92%
Revenue 1Y (TTM)12.87%
Revenue growth 3Y-3.98%
Revenue growth 5Y2.12%
Sales Q2Q%5.18%
Revenue Next Year8.45%
Revenue Next 2Y9.22%
Revenue Next 3Y7.92%
Revenue Next 5Y6.48%
EBIT growth 1Y28.14%
EBIT growth 3Y-8.88%
EBIT growth 5Y1.11%
EBIT Next Year24.74%
EBIT Next 3Y15.05%
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.
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 5 / 10.