ZALANDO SE (1ZAL.MI) Stock Fundamental Analysis
Europe • Euronext Milan • BIT:1ZAL • DE000ZAL1111
24.69 EUR
+2.1 (+9.3%)
Last: Jan 2, 2026, 07:00 PM
We assign a fundamental rating of 5 out of 10 to 1ZAL. 1ZAL was compared to 59 industry peers in the Specialty Retail industry. 1ZAL has only an average score on both its financial health and profitability. 1ZAL is growing strongly while it is still valued neutral. This is a good combination! This makes 1ZAL very considerable for growth investing!
1. Profitability
1.1 Basic Checks
- 1ZAL had positive earnings in the past year.
- 1ZAL had a positive operating cash flow in the past year.
- Each year in the past 5 years 1ZAL has been profitable.
- Each year in the past 5 years 1ZAL had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of 2.66%, 1ZAL is in line with its industry, outperforming 56.14% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 8.44%, 1ZAL is in the better half of the industry, outperforming 64.91% of the companies in the same industry.
- With a Return On Invested Capital value of 5.47%, 1ZAL perfoms like the industry average, outperforming 56.14% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for 1ZAL is significantly below the industry average of 10.14%.
- The last Return On Invested Capital (5.47%) for 1ZAL is above the 3 year average (3.34%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.66% | ||
| ROE | 8.44% | ||
| ROIC | 5.47% |
ROA(3y)1.48%
ROA(5y)2.26%
ROE(3y)4.56%
ROE(5y)6.95%
ROIC(3y)3.34%
ROIC(5y)4.59%
1.3 Margins
- 1ZAL has a Profit Margin (2.06%) which is comparable to the rest of the industry.
- 1ZAL's Profit Margin has improved in the last couple of years.
- 1ZAL's Operating Margin of 3.30% is in line compared to the rest of the industry. 1ZAL outperforms 50.88% of its industry peers.
- 1ZAL's Operating Margin has improved in the last couple of years.
- Looking at the Gross Margin, with a value of 40.37%, 1ZAL is in line with its industry, outperforming 59.65% of the companies in the same industry.
- 1ZAL's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.3% | ||
| PM (TTM) | 2.06% | ||
| GM | 40.37% |
OM growth 3Y-2.26%
OM growth 5Y7.72%
PM growth 3Y1.6%
PM growth 5Y9.08%
GM growth 3Y-0.88%
GM growth 5Y-0.89%
2. Health
2.1 Basic Checks
- 1ZAL has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- Compared to 1 year ago, 1ZAL has less shares outstanding
- Compared to 5 years ago, 1ZAL has more shares outstanding
- The debt/assets ratio for 1ZAL has been reduced compared to a year ago.
2.2 Solvency
- An Altman-Z score of 2.32 indicates that 1ZAL is not a great score, but indicates only limited risk for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 2.32, 1ZAL is in line with its industry, outperforming 56.14% of the companies in the same industry.
- 1ZAL has a debt to FCF ratio of 3.63. This is a good value and a sign of high solvency as 1ZAL would need 3.63 years to pay back of all of its debts.
- 1ZAL has a Debt to FCF ratio of 3.63. This is in the better half of the industry: 1ZAL outperforms 71.93% of its industry peers.
- 1ZAL has a Debt/Equity ratio of 0.44. This is a healthy value indicating a solid balance between debt and equity.
- 1ZAL's Debt to Equity ratio of 0.44 is fine compared to the rest of the industry. 1ZAL outperforms 68.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 3.63 | ||
| Altman-Z | 2.32 |
ROIC/WACC0.88
WACC6.25%
2.3 Liquidity
- A Current Ratio of 1.12 indicates that 1ZAL should not have too much problems paying its short term obligations.
- 1ZAL has a Current ratio (1.12) which is in line with its industry peers.
- A Quick Ratio of 0.59 indicates that 1ZAL may have some problems paying its short term obligations.
- The Quick ratio of 1ZAL (0.59) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.12 | ||
| Quick Ratio | 0.59 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 17.72% over the past year.
- The Earnings Per Share has been growing by 23.33% on average over the past years. This is a very strong growth
- Looking at the last year, 1ZAL shows a quite strong growth in Revenue. The Revenue has grown by 12.06% in the last year.
- Measured over the past years, 1ZAL shows a quite strong growth in Revenue. The Revenue has been growing by 10.28% on average per year.
EPS 1Y (TTM)17.72%
EPS 3Y2.91%
EPS 5Y23.33%
EPS Q2Q%-64.71%
Revenue 1Y (TTM)12.06%
Revenue growth 3Y0.7%
Revenue growth 5Y10.28%
Sales Q2Q%26.46%
3.2 Future
- Based on estimates for the next years, 1ZAL will show a very strong growth in Earnings Per Share. The EPS will grow by 26.63% on average per year.
- The Revenue is expected to grow by 10.27% on average over the next years. This is quite good.
EPS Next Y20.6%
EPS Next 2Y25.64%
EPS Next 3Y24.54%
EPS Next 5Y26.63%
Revenue Next Year16.7%
Revenue Next 2Y15.08%
Revenue Next 3Y11.96%
Revenue Next 5Y10.27%
3.3 Evolution
- The EPS growth rate is stable: in the next years the growth will be about the same 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 stable.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 26.55, which means the current valuation is very expensive for 1ZAL.
- 1ZAL's Price/Earnings is on the same level as the industry average.
- The average S&P500 Price/Earnings ratio is at 28.18. 1ZAL is around the same levels.
- 1ZAL is valuated correctly with a Price/Forward Earnings ratio of 16.12.
- 64.91% of the companies in the same industry are more expensive than 1ZAL, based on the Price/Forward Earnings ratio.
- When comparing the Price/Forward Earnings ratio of 1ZAL to the average of the S&P500 Index (25.51), we can say 1ZAL is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.55 | ||
| Fwd PE | 16.12 |
4.2 Price Multiples
- 1ZAL's Enterprise Value to EBITDA ratio is in line with the industry average.
- The rest of the industry has a similar Price/Free Cash Flow ratio as 1ZAL.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.42 | ||
| EV/EBITDA | 8.35 |
4.3 Compensation for Growth
- 1ZAL's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- 1ZAL has a very decent profitability rating, which may justify a higher PE ratio.
- A more expensive valuation may be justified as 1ZAL's earnings are expected to grow with 24.54% in the coming years.
PEG (NY)1.29
PEG (5Y)1.14
EPS Next 2Y25.64%
EPS Next 3Y24.54%
5. Dividend
5.1 Amount
- 1ZAL does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
BIT:1ZAL (1/2/2026, 7:00:00 PM)
24.69
+2.1 (+9.3%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)11-06 2025-11-06/bmo
Earnings (Next)03-12 2026-03-12/amc
Inst Owners60.67%
Inst Owner ChangeN/A
Ins Owners10.12%
Ins Owner ChangeN/A
Market Cap6.52B
Revenue(TTM)11.57B
Net Income(TTM)239.00M
Analysts78.18
Price Target36.21 (46.66%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-32.59%
Min EPS beat(2)-62.87%
Max EPS beat(2)-2.31%
EPS beat(4)2
Avg EPS beat(4)210.92%
Min EPS beat(4)-62.87%
Max EPS beat(4)892.08%
EPS beat(8)4
Avg EPS beat(8)93.43%
EPS beat(12)6
Avg EPS beat(12)41.34%
EPS beat(16)7
Avg EPS beat(16)-15.84%
Revenue beat(2)1
Avg Revenue beat(2)1.48%
Min Revenue beat(2)-0.03%
Max Revenue beat(2)2.99%
Revenue beat(4)3
Avg Revenue beat(4)1.29%
Min Revenue beat(4)-0.03%
Max Revenue beat(4)2.99%
Revenue beat(8)4
Avg Revenue beat(8)0.09%
Revenue beat(12)5
Avg Revenue beat(12)-0.24%
Revenue beat(16)5
Avg Revenue beat(16)-0.64%
PT rev (1m)-1.39%
PT rev (3m)-4.89%
EPS NQ rev (1m)5.68%
EPS NQ rev (3m)9.73%
EPS NY rev (1m)-1.73%
EPS NY rev (3m)-0.57%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.54%
Revenue NY rev (1m)0.86%
Revenue NY rev (3m)2.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.55 | ||
| Fwd PE | 16.12 | ||
| P/S | 0.56 | ||
| P/FCF | 16.42 | ||
| P/OCF | 10.68 | ||
| P/B | 2.3 | ||
| P/tB | 5.31 | ||
| EV/EBITDA | 8.35 |
EPS(TTM)0.93
EY3.77%
EPS(NY)1.53
Fwd EY6.2%
FCF(TTM)1.5
FCFY6.09%
OCF(TTM)2.31
OCFY9.36%
SpS43.81
BVpS10.72
TBVpS4.65
PEG (NY)1.29
PEG (5Y)1.14
Graham Number14.98
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.66% | ||
| ROE | 8.44% | ||
| ROCE | 8.93% | ||
| ROIC | 5.47% | ||
| ROICexc | 8.23% | ||
| ROICexgc | 18.89% | ||
| OM | 3.3% | ||
| PM (TTM) | 2.06% | ||
| GM | 40.37% | ||
| FCFM | 3.43% |
ROA(3y)1.48%
ROA(5y)2.26%
ROE(3y)4.56%
ROE(5y)6.95%
ROIC(3y)3.34%
ROIC(5y)4.59%
ROICexc(3y)9.52%
ROICexc(5y)14.27%
ROICexgc(3y)13.4%
ROICexgc(5y)19.23%
ROCE(3y)5.45%
ROCE(5y)7.5%
ROICexgc growth 3Y8.96%
ROICexgc growth 5Y22.36%
ROICexc growth 3Y2.72%
ROICexc growth 5Y17.49%
OM growth 3Y-2.26%
OM growth 5Y7.72%
PM growth 3Y1.6%
PM growth 5Y9.08%
GM growth 3Y-0.88%
GM growth 5Y-0.89%
F-Score7
Asset Turnover1.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 3.63 | ||
| Debt/EBITDA | 1.61 | ||
| Cap/Depr | 55.55% | ||
| Cap/Sales | 1.85% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 79.63% | ||
| Profit Quality | 166.19% | ||
| Current Ratio | 1.12 | ||
| Quick Ratio | 0.59 | ||
| Altman-Z | 2.32 |
F-Score7
WACC6.25%
ROIC/WACC0.88
Cap/Depr(3y)86.74%
Cap/Depr(5y)104.05%
Cap/Sales(3y)2.65%
Cap/Sales(5y)2.86%
Profit Quality(3y)549.88%
Profit Quality(5y)378.62%
High Growth Momentum
Growth
EPS 1Y (TTM)17.72%
EPS 3Y2.91%
EPS 5Y23.33%
EPS Q2Q%-64.71%
EPS Next Y20.6%
EPS Next 2Y25.64%
EPS Next 3Y24.54%
EPS Next 5Y26.63%
Revenue 1Y (TTM)12.06%
Revenue growth 3Y0.7%
Revenue growth 5Y10.28%
Sales Q2Q%26.46%
Revenue Next Year16.7%
Revenue Next 2Y15.08%
Revenue Next 3Y11.96%
Revenue Next 5Y10.27%
EBIT growth 1Y2.33%
EBIT growth 3Y-1.58%
EBIT growth 5Y18.79%
EBIT Next Year118.78%
EBIT Next 3Y43.23%
EBIT Next 5Y33.35%
FCF growth 1Y-18.24%
FCF growth 3Y16.44%
FCF growth 5Y84.9%
OCF growth 1Y-20.35%
OCF growth 3Y2.01%
OCF growth 5Y14.86%
ZALANDO SE / 1ZAL.MI FAQ
Can you provide the ChartMill fundamental rating for ZALANDO SE?
ChartMill assigns a fundamental rating of 5 / 10 to 1ZAL.MI.
Can you provide the valuation status for ZALANDO SE?
ChartMill assigns a valuation rating of 4 / 10 to ZALANDO SE (1ZAL.MI). This can be considered as Fairly Valued.
Can you provide the profitability details for ZALANDO SE?
ZALANDO SE (1ZAL.MI) has a profitability rating of 6 / 10.
What is the valuation of ZALANDO SE based on its PE and PB ratios?
The Price/Earnings (PE) ratio for ZALANDO SE (1ZAL.MI) is 26.55 and the Price/Book (PB) ratio is 2.3.
Can you provide the expected EPS growth for 1ZAL stock?
The Earnings per Share (EPS) of ZALANDO SE (1ZAL.MI) is expected to grow by 20.6% in the next year.