ZEBRA TECHNOLOGIES CORP-CL A (ZBRA) Stock Fundamental Analysis
USA - NASDAQ:ZBRA - US9892071054 - Common Stock
308.82 USD
-5.07 (-1.62%)
308.82 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 has a great profitability rating, there are some minor concerns on its financial health. ZBRA is not valued too expensively and it also shows a decent growth rate.
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.
Each year in the past 5 years ZBRA has been profitable.
Of the past 5 years ZBRA 4 years had a positive operating cash flow.
1.2 Ratios
ZBRA has a better Return On Assets (6.90%) than 84.55% of its industry peers.
With an excellent Return On Equity value of 15.15%, ZBRA belongs to the best of the industry, outperforming 83.74% of the companies in the same industry.
The Return On Invested Capital of ZBRA (10.95%) is better than 86.18% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ZBRA is above the industry average of 9.33%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.9% | ||
| ROE | 15.15% | ||
| ROIC | 10.95% |
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 10.56%. This is amongst the best in the industry. ZBRA outperforms 84.55% of its industry peers.
In the last couple of years the Profit Margin of ZBRA has declined.
Looking at the Operating Margin, with a value of 15.59%, ZBRA belongs to the top of the industry, outperforming 89.43% of the companies in the same industry.
In the last couple of years the Operating Margin of ZBRA has remained more or less at the same level.
Looking at the Gross Margin, with a value of 48.59%, ZBRA belongs to the top of the industry, outperforming 83.74% of the companies in the same industry.
In the last couple of years the Gross Margin of ZBRA has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.59% | ||
| PM (TTM) | 10.56% | ||
| GM | 48.59% |
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.
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.
ZBRA has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.18 indicates that ZBRA is not in any danger for bankruptcy at the moment.
ZBRA has a better Altman-Z score (4.18) than 61.79% of its industry peers.
ZBRA has a debt to FCF ratio of 2.55. This is a good value and a sign of high solvency as ZBRA would need 2.55 years to pay back of all of its debts.
ZBRA's Debt to FCF ratio of 2.55 is fine compared to the rest of the industry. ZBRA outperforms 73.98% of its industry peers.
ZBRA has a Debt/Equity ratio of 0.59. This is a neutral value indicating ZBRA is somewhat dependend on debt financing.
The Debt to Equity ratio of ZBRA (0.59) is worse than 76.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 2.55 | ||
| Altman-Z | 4.18 |
ROIC/WACC1.25
WACC8.77%
2.3 Liquidity
ZBRA has a Current Ratio of 1.46. This is a normal value and indicates that ZBRA is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.46, ZBRA is not doing good in the industry: 76.42% of the companies in the same industry are doing better.
A Quick Ratio of 1.03 indicates that ZBRA should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.03, ZBRA is doing worse than 75.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.46 | ||
| Quick Ratio | 1.03 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 75.81% over the past year.
ZBRA shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.88% yearly.
The Revenue has grown by 19.12% 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)75.81%
EPS 3Y-9.87%
EPS 5Y0.88%
EPS Q2Q%13.52%
Revenue 1Y (TTM)19.12%
Revenue growth 3Y-3.98%
Revenue growth 5Y2.12%
Sales Q2Q%6.24%
3.2 Future
The Earnings Per Share is expected to grow by 14.88% on average over the next years. This is quite good.
The Revenue is expected to grow by 6.24% on average over the next years.
EPS Next Y17.04%
EPS Next 2Y14.98%
EPS Next 3Y13.48%
EPS Next 5Y14.88%
Revenue Next Year7.29%
Revenue Next 2Y8.05%
Revenue Next 3Y7.16%
Revenue Next 5Y6.24%
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.
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
The Price/Earnings ratio is 20.42, which indicates a rather expensive current valuation of ZBRA.
Based on the Price/Earnings ratio, ZBRA is valued cheaper than 81.30% of the companies in the same industry.
ZBRA is valuated rather cheaply when we compare the Price/Earnings ratio to 26.89, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 17.29, which indicates a rather expensive current valuation of ZBRA.
Based on the Price/Forward Earnings ratio, ZBRA is valued cheaply inside the industry as 82.93% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 22.99. ZBRA is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.42 | ||
| Fwd PE | 17.29 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ZBRA is valued a bit cheaper than the industry average as 69.11% of the companies are valued more expensively.
88.62% 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 | 18.41 | ||
| EV/EBITDA | 17.35 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent 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 13.48% in the coming years.
PEG (NY)1.2
PEG (5Y)23.17
EPS Next 2Y14.98%
EPS Next 3Y13.48%
5. Dividend
5.1 Amount
ZBRA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
308.82
-5.07 (-1.62%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners95.75%
Inst Owner Change-0.2%
Ins Owners0.7%
Ins Owner Change0.04%
Market Cap15.70B
Revenue(TTM)5.19B
Net Income(TTM)548.00M
Analysts78.33
Price Target369.68 (19.71%)
Short Float %2.19%
Short Ratio2.23
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)7.72%
Min EPS beat(2)6.47%
Max EPS beat(2)8.97%
EPS beat(4)3
Avg EPS beat(4)5.15%
Min EPS beat(4)-0.59%
Max EPS beat(4)8.97%
EPS beat(8)7
Avg EPS beat(8)6.45%
EPS beat(12)8
Avg EPS beat(12)3.24%
EPS beat(16)12
Avg EPS beat(16)3.69%
Revenue beat(2)0
Avg Revenue beat(2)-1.03%
Min Revenue beat(2)-1.45%
Max Revenue beat(2)-0.61%
Revenue beat(4)1
Avg Revenue beat(4)-0.4%
Min Revenue beat(4)-1.45%
Max Revenue beat(4)1.13%
Revenue beat(8)4
Avg Revenue beat(8)0%
Revenue beat(12)5
Avg Revenue beat(12)-1.49%
Revenue beat(16)7
Avg Revenue beat(16)-1.04%
PT rev (1m)0%
PT rev (3m)7.81%
EPS NQ rev (1m)0.15%
EPS NQ rev (3m)11.03%
EPS NY rev (1m)0.32%
EPS NY rev (3m)7.6%
Revenue NQ rev (1m)0.07%
Revenue NQ rev (3m)1.28%
Revenue NY rev (1m)0.56%
Revenue NY rev (3m)1.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.42 | ||
| Fwd PE | 17.29 | ||
| P/S | 3.03 | ||
| P/FCF | 18.41 | ||
| P/OCF | 16.98 | ||
| P/B | 4.34 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.35 |
EPS(TTM)15.12
EY4.9%
EPS(NY)17.86
Fwd EY5.78%
FCF(TTM)16.77
FCFY5.43%
OCF(TTM)18.19
OCFY5.89%
SpS102.06
BVpS71.13
TBVpS-14.04
PEG (NY)1.2
PEG (5Y)23.17
Graham Number155.56
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.9% | ||
| ROE | 15.15% | ||
| ROCE | 12.75% | ||
| ROIC | 10.95% | ||
| ROICexc | 12.7% | ||
| ROICexgc | 60.9% | ||
| OM | 15.59% | ||
| PM (TTM) | 10.56% | ||
| GM | 48.59% | ||
| FCFM | 16.44% |
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 | 0.59 | ||
| Debt/FCF | 2.55 | ||
| Debt/EBITDA | 2.17 | ||
| Cap/Depr | 42.11% | ||
| Cap/Sales | 1.39% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 94.39% | ||
| Profit Quality | 155.66% | ||
| Current Ratio | 1.46 | ||
| Quick Ratio | 1.03 | ||
| Altman-Z | 4.18 |
F-Score9
WACC8.77%
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)75.81%
EPS 3Y-9.87%
EPS 5Y0.88%
EPS Q2Q%13.52%
EPS Next Y17.04%
EPS Next 2Y14.98%
EPS Next 3Y13.48%
EPS Next 5Y14.88%
Revenue 1Y (TTM)19.12%
Revenue growth 3Y-3.98%
Revenue growth 5Y2.12%
Sales Q2Q%6.24%
Revenue Next Year7.29%
Revenue Next 2Y8.05%
Revenue Next 3Y7.16%
Revenue Next 5Y6.24%
EBIT growth 1Y68.19%
EBIT growth 3Y-8.88%
EBIT growth 5Y1.11%
EBIT Next Year21.56%
EBIT Next 3Y13.7%
EBIT Next 5Y11.57%
FCF growth 1Y484.25%
FCF growth 3Y-1.88%
FCF growth 5Y8.86%
OCF growth 1Y312.95%
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 6 / 10 to ZEBRA TECHNOLOGIES CORP-CL A (ZBRA). This can be considered as Fairly Valued.
How profitable is ZEBRA TECHNOLOGIES CORP-CL A (ZBRA) stock?
ZEBRA TECHNOLOGIES CORP-CL A (ZBRA) has a profitability rating of 8 / 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 20.42 and the Price/Book (PB) ratio is 4.34.
Can you provide the financial health for ZBRA stock?
The financial health rating of ZEBRA TECHNOLOGIES CORP-CL A (ZBRA) is 5 / 10.