ZSCALER INC (0ZC.DE) Fundamental Analysis & Valuation

FRA:0ZC • US98980G1022

Current stock price

122.72 EUR
+1.68 (+1.39%)
Last:

This 0ZC.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

2

1. 0ZC.DE Profitability Analysis

1.1 Basic Checks

  • 0ZC had positive earnings in the past year.
  • In the past year 0ZC had a positive cash flow from operations.
  • 0ZC had negative earnings in each of the past 5 years.
  • 0ZC had a positive operating cash flow in each of the past 5 years.
0ZC.DE Yearly Net Income VS EBIT VS OCF VS FCF0ZC.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M -200M 400M 600M 800M

1.2 Ratios

  • 0ZC has a Return On Assets (-1.00%) which is comparable to the rest of the industry.
  • 0ZC's Return On Equity of -3.08% is in line compared to the rest of the industry. 0ZC outperforms 45.37% of its industry peers.
Industry RankSector Rank
ROA -1%
ROE -3.08%
ROIC N/A
ROA(3y)-2.49%
ROA(5y)-6.57%
ROE(3y)-11.58%
ROE(5y)-30.47%
ROIC(3y)N/A
ROIC(5y)N/A
0ZC.DE Yearly ROA, ROE, ROIC0ZC.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 -20 -40 -60 -80

1.3 Margins

  • 0ZC has a Gross Margin (76.56%) which is in line with its industry peers.
  • In the last couple of years the Gross Margin of 0ZC has remained more or less at the same level.
  • 0ZC does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 76.56%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.4%
GM growth 5Y-0.23%
0ZC.DE Yearly Profit, Operating, Gross Margins0ZC.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40 -40 60 80

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. 0ZC.DE Health Analysis

2.1 Basic Checks

  • 0ZC does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • The number of shares outstanding for 0ZC has been increased compared to 1 year ago.
  • 0ZC has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for 0ZC is higher compared to a year ago.
0ZC.DE Yearly Shares Outstanding0ZC.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M
0ZC.DE Yearly Total Debt VS Total Assets0ZC.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

2.2 Solvency

  • An Altman-Z score of 3.49 indicates that 0ZC is not in any danger for bankruptcy at the moment.
  • 0ZC has a better Altman-Z score (3.49) than 68.52% of its industry peers.
  • 0ZC has a debt to FCF ratio of 1.95. This is a very positive value and a sign of high solvency as it would only need 1.95 years to pay back of all of its debts.
  • 0ZC has a better Debt to FCF ratio (1.95) than 62.96% of its industry peers.
  • 0ZC has a Debt/Equity ratio of 0.78. This is a neutral value indicating 0ZC is somewhat dependend on debt financing.
  • 0ZC has a Debt to Equity ratio of 0.78. This is in the lower half of the industry: 0ZC underperforms 70.37% of its industry peers.
  • Although 0ZC's pure debt/equity ratio does not look good, it has limited outstanding debt compared to the Free Cash Flow. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
Industry RankSector Rank
Debt/Equity 0.78
Debt/FCF 1.95
Altman-Z 3.49
ROIC/WACCN/A
WACC10.52%
0ZC.DE Yearly LT Debt VS Equity VS FCF0ZC.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B 1.5B

2.3 Liquidity

  • 0ZC has a Current Ratio of 1.90. This is a normal value and indicates that 0ZC is financially healthy and should not expect problems in meeting its short term obligations.
  • 0ZC has a Current ratio of 1.90. This is in the better half of the industry: 0ZC outperforms 74.07% of its industry peers.
  • 0ZC has a Quick Ratio of 1.90. This is a normal value and indicates that 0ZC is financially healthy and should not expect problems in meeting its short term obligations.
  • With a decent Quick ratio value of 1.90, 0ZC is doing good in the industry, outperforming 75.00% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.9
Quick Ratio 1.9
0ZC.DE Yearly Current Assets VS Current Liabilites0ZC.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

9

3. 0ZC.DE Growth Analysis

3.1 Past

  • 0ZC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.78%, which is quite good.
  • The Earnings Per Share has been growing by 68.71% on average over the past years. This is a very strong growth
  • 0ZC shows a strong growth in Revenue. In the last year, the Revenue has grown by 23.91%.
  • 0ZC shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 44.03% yearly.
EPS 1Y (TTM)11.78%
EPS 3Y68.14%
EPS 5Y68.71%
EPS Q2Q%29.49%
Revenue 1Y (TTM)23.91%
Revenue growth 3Y34.82%
Revenue growth 5Y44.03%
Sales Q2Q%25.91%

3.2 Future

  • Based on estimates for the next years, 0ZC will show a quite strong growth in Earnings Per Share. The EPS will grow by 18.16% on average per year.
  • The Revenue is expected to grow by 20.09% on average over the next years. This is a very strong growth
EPS Next Y24.09%
EPS Next 2Y19.66%
EPS Next 3Y20.03%
EPS Next 5Y18.16%
Revenue Next Year24.75%
Revenue Next 2Y22.21%
Revenue Next 3Y20.96%
Revenue Next 5Y20.09%

3.3 Evolution

  • The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
  • The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
0ZC.DE Yearly Revenue VS Estimates0ZC.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2B 4B 6B 8B 10B
0ZC.DE Yearly EPS VS Estimates0ZC.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 0 5 10 15

More info and screens

Find the best growth stocksShow best growing peers

2

4. 0ZC.DE Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 38.23, 0ZC can be considered very expensive at the moment.
  • Compared to the rest of the industry, the Price/Earnings ratio of 0ZC is on the same level as its industry peers.
  • 0ZC's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 25.23.
  • A Price/Forward Earnings ratio of 30.15 indicates a quite expensive valuation of 0ZC.
  • 0ZC's Price/Forward Earnings ratio is in line with the industry average.
  • The average S&P500 Price/Forward Earnings ratio is at 22.51. 0ZC is valued slightly more expensive when compared to this.
Industry RankSector Rank
PE 38.23
Fwd PE 30.15
0ZC.DE Price Earnings VS Forward Price Earnings0ZC.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of 0ZC indicates a slightly more expensive valuation: 0ZC is more expensive than 70.37% of the companies listed in the same industry.
  • Based on the Price/Free Cash Flow ratio, 0ZC is valued a bit cheaper than 61.11% of the companies in the same industry.
Industry RankSector Rank
P/FCF 26.06
EV/EBITDA 965.41
0ZC.DE Per share data0ZC.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • A more expensive valuation may be justified as 0ZC's earnings are expected to grow with 20.03% in the coming years.
PEG (NY)1.59
PEG (5Y)0.56
EPS Next 2Y19.66%
EPS Next 3Y20.03%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. 0ZC.DE Dividend Analysis

5.1 Amount

  • 0ZC does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

0ZC.DE Fundamentals: All Metrics, Ratios and Statistics

ZSCALER INC

FRA:0ZC (3/26/2026, 7:00:00 PM)

122.72

+1.68 (+1.39%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)02-26
Earnings (Next)05-27
Inst Owners57.65%
Inst Owner ChangeN/A
Ins Owners35.14%
Ins Owner ChangeN/A
Market Cap19.73B
Revenue(TTM)3.00B
Net Income(TTM)-67.63M
Analysts82.11
Price Target265 (115.94%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector 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)8.86%
Min EPS beat(2)8.4%
Max EPS beat(2)9.33%
EPS beat(4)4
Avg EPS beat(4)8.59%
Min EPS beat(4)8.25%
Max EPS beat(4)9.33%
EPS beat(8)8
Avg EPS beat(8)14.4%
EPS beat(12)12
Avg EPS beat(12)17.68%
EPS beat(16)16
Avg EPS beat(16)19.81%
Revenue beat(2)0
Avg Revenue beat(2)-0.98%
Min Revenue beat(2)-1.11%
Max Revenue beat(2)-0.85%
Revenue beat(4)0
Avg Revenue beat(4)-1.1%
Min Revenue beat(4)-1.22%
Max Revenue beat(4)-0.85%
Revenue beat(8)3
Avg Revenue beat(8)-0.41%
Revenue beat(12)6
Avg Revenue beat(12)-0.04%
Revenue beat(16)10
Avg Revenue beat(16)0.42%
PT rev (1m)-4.72%
PT rev (3m)-6.67%
EPS NQ rev (1m)6.55%
EPS NQ rev (3m)6.55%
EPS NY rev (1m)3.2%
EPS NY rev (3m)3.63%
Revenue NQ rev (1m)0.42%
Revenue NQ rev (3m)0.42%
Revenue NY rev (1m)0.65%
Revenue NY rev (3m)0.65%
Valuation
Industry RankSector Rank
PE 38.23
Fwd PE 30.15
P/S 7.59
P/FCF 26.06
P/OCF 20.44
P/B 10.37
P/tB 22.74
EV/EBITDA 965.41
EPS(TTM)3.21
EY2.62%
EPS(NY)4.07
Fwd EY3.32%
FCF(TTM)4.71
FCFY3.84%
OCF(TTM)6
OCFY4.89%
SpS16.18
BVpS11.84
TBVpS5.4
PEG (NY)1.59
PEG (5Y)0.56
Graham Number29.24
Profitability
Industry RankSector Rank
ROA -1%
ROE -3.08%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 76.56%
FCFM 29.12%
ROA(3y)-2.49%
ROA(5y)-6.57%
ROE(3y)-11.58%
ROE(5y)-30.47%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.4%
GM growth 5Y-0.23%
F-Score3
Asset Turnover0.44
Health
Industry RankSector Rank
Debt/Equity 0.78
Debt/FCF 1.95
Debt/EBITDA 88.15
Cap/Depr 155.86%
Cap/Sales 8%
Interest Coverage N/A
Cash Conversion 5767.14%
Profit Quality N/A
Current Ratio 1.9
Quick Ratio 1.9
Altman-Z 3.49
F-Score3
WACC10.52%
ROIC/WACCN/A
Cap/Depr(3y)212%
Cap/Depr(5y)195.75%
Cap/Sales(3y)8.71%
Cap/Sales(5y)8.62%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)11.78%
EPS 3Y68.14%
EPS 5Y68.71%
EPS Q2Q%29.49%
EPS Next Y24.09%
EPS Next 2Y19.66%
EPS Next 3Y20.03%
EPS Next 5Y18.16%
Revenue 1Y (TTM)23.91%
Revenue growth 3Y34.82%
Revenue growth 5Y44.03%
Sales Q2Q%25.91%
Revenue Next Year24.75%
Revenue Next 2Y22.21%
Revenue Next 3Y20.96%
Revenue Next 5Y20.09%
EBIT growth 1Y-33.78%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year57.96%
EBIT Next 3Y33.61%
EBIT Next 5Y27.39%
FCF growth 1Y74.52%
FCF growth 3Y46.46%
FCF growth 5Y92.49%
OCF growth 1Y72.11%
OCF growth 3Y44.56%
OCF growth 5Y65.09%

ZSCALER INC / 0ZC.DE Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for ZSCALER INC?

ChartMill assigns a fundamental rating of 4 / 10 to 0ZC.DE.


What is the valuation status of ZSCALER INC (0ZC.DE) stock?

ChartMill assigns a valuation rating of 2 / 10 to ZSCALER INC (0ZC.DE). This can be considered as Overvalued.


Can you provide the profitability details for ZSCALER INC?

ZSCALER INC (0ZC.DE) has a profitability rating of 2 / 10.


What is the valuation of ZSCALER INC based on its PE and PB ratios?

The Price/Earnings (PE) ratio for ZSCALER INC (0ZC.DE) is 38.23 and the Price/Book (PB) ratio is 10.37.