ZEBRA TECHNOLOGIES CORP-CL A (ZBRA) Stock Fundamental Analysis
USA - NASDAQ:ZBRA - US9892071054 - Common Stock
259.54 USD
+1.3 (+0.5%)
259.54 USD
0 (0%)
ZBRA gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 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. A decent growth rate in combination with a cheap valuation! Better keep an eye on ZBRA. With these ratings, ZBRA could be worth investigating further 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.
Of the past 5 years ZBRA 4 years had a positive operating cash flow.
1.2 Ratios
The Return On Assets of ZBRA (6.35%) is better than 77.24% 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.
Looking at the Return On Invested Capital, with a value of 10.71%, ZBRA belongs to the top of the industry, outperforming 85.37% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ZBRA is above the industry average of 9.53%.
| 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's Profit Margin of 9.74% is fine compared to the rest of the industry. ZBRA outperforms 79.67% of its industry peers.
In the last couple of years the Profit Margin of ZBRA has declined.
ZBRA has a Operating Margin of 15.34%. This is amongst the best in the industry. ZBRA outperforms 89.43% of its industry peers.
ZBRA's Operating Margin has been stable in the last couple of years.
With an excellent Gross Margin value of 48.39%, ZBRA belongs to the best of the industry, outperforming 82.93% of the companies in the same industry.
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
Compared to 5 years ago, ZBRA has less shares outstanding
ZBRA has a better debt/assets ratio than last year.
2.2 Solvency
ZBRA has an Altman-Z score of 3.86. This indicates that ZBRA is financially healthy and has little risk of bankruptcy at the moment.
ZBRA's Altman-Z score of 3.86 is in line compared to the rest of the industry. ZBRA outperforms 59.35% 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's Debt to FCF ratio of 2.74 is fine compared to the rest of the industry. ZBRA outperforms 69.92% of its industry peers.
A Debt/Equity ratio of 0.56 indicates that ZBRA is somewhat dependend on debt financing.
ZBRA's Debt to Equity ratio of 0.56 is on the low side compared to the rest of the industry. ZBRA is outperformed by 73.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 2.74 | ||
| Altman-Z | 3.86 |
ROIC/WACC1.22
WACC8.78%
2.3 Liquidity
A Current Ratio of 1.61 indicates that ZBRA should not have too much problems paying its short term obligations.
The Current ratio of ZBRA (1.61) is worse than 69.92% of its industry peers.
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's Quick ratio of 1.19 is on the low side compared to the rest of the industry. ZBRA is outperformed by 70.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.61 | ||
| Quick Ratio | 1.19 |
3. Growth
3.1 Past
ZBRA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 38.24%, which is quite impressive.
The Earnings Per Share has been growing slightly by 0.88% on average over the past years.
ZBRA shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.87%.
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
ZBRA is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.92% yearly.
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
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 16.73 indicates a correct valuation of ZBRA.
ZBRA's Price/Earnings ratio is rather cheap when compared to the industry. ZBRA is cheaper than 86.18% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.06, ZBRA is valued a bit cheaper.
The Price/Forward Earnings ratio is 14.74, which indicates a correct valuation of ZBRA.
Based on the Price/Forward Earnings ratio, ZBRA is valued cheaply inside the industry as 87.80% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of ZBRA to the average of the S&P500 Index (32.73), we can say ZBRA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.73 | ||
| Fwd PE | 14.74 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ZBRA is valued a bit cheaper than 72.36% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ZBRA indicates a rather cheap valuation: ZBRA is cheaper than 87.80% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.66 | ||
| EV/EBITDA | 14.7 |
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.
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)0.93
PEG (5Y)18.98
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 |
259.54
+1.3 (+0.5%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners95.75%
Inst Owner Change0.65%
Ins Owners0.7%
Ins Owner Change-0.11%
Market Cap13.20B
Revenue(TTM)5.25B
Net Income(TTM)512.00M
Analysts79.17
Price Target379.48 (46.21%)
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)2.87%
EPS NQ rev (3m)13.72%
EPS NY rev (1m)1.16%
EPS NY rev (3m)8.5%
Revenue NQ rev (1m)5.83%
Revenue NQ rev (3m)6.9%
Revenue NY rev (1m)1.5%
Revenue NY rev (3m)2.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.73 | ||
| Fwd PE | 14.74 | ||
| P/S | 2.51 | ||
| P/FCF | 16.66 | ||
| P/OCF | 15.24 | ||
| P/B | 3.52 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.7 |
EPS(TTM)15.51
EY5.98%
EPS(NY)17.61
Fwd EY6.78%
FCF(TTM)15.58
FCFY6%
OCF(TTM)17.03
OCFY6.56%
SpS103.34
BVpS73.69
TBVpS-11.01
PEG (NY)0.93
PEG (5Y)18.98
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 | 3.86 |
F-Score9
WACC8.78%
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 16.73 and the Price/Book (PB) ratio is 3.52.
Can you provide the financial health for ZBRA stock?
The financial health rating of ZEBRA TECHNOLOGIES CORP-CL A (ZBRA) is 5 / 10.