ZEBRA TECHNOLOGIES CORP-CL A (1ZBRA.MI) Stock Fundamental Analysis
BIT:1ZBRA - Euronext Milan - US9892071054 - Common Stock - Currency: EUR
Taking everything into account, 1ZBRA scores 6 out of 10 in our fundamental rating. 1ZBRA was compared to 53 industry peers in the Electronic Equipment, Instruments & Components industry. While 1ZBRA has a great profitability rating, there are some minor concerns on its financial health. 1ZBRA has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
1ZBRA had positive earnings in the past year.
In the past year 1ZBRA had a positive cash flow from operations.
In the past 5 years 1ZBRA has always been profitable.
1ZBRA had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
1ZBRA has a better Return On Assets (6.95%) than 88.68% of its industry peers.
Looking at the Return On Equity, with a value of 15.14%, 1ZBRA belongs to the top of the industry, outperforming 86.79% of the companies in the same industry.
1ZBRA has a better Return On Invested Capital (10.78%) than 86.79% of its industry peers.
1ZBRA had an Average Return On Invested Capital over the past 3 years of 11.59%. This is above the industry average of 7.71%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.95% | ||
| ROE | 15.14% | ||
| ROIC | 10.78% |
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
1ZBRA's Profit Margin of 10.74% is amongst the best of the industry. 1ZBRA outperforms 92.45% of its industry peers.
In the last couple of years the Profit Margin of 1ZBRA has declined.
The Operating Margin of 1ZBRA (15.51%) is better than 88.68% of its industry peers.
1ZBRA's Operating Margin has been stable in the last couple of years.
1ZBRA has a better Gross Margin (48.79%) than 64.15% of its industry peers.
In the last couple of years the Gross Margin of 1ZBRA has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.51% | ||
| PM (TTM) | 10.74% | ||
| GM | 48.79% |
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 1ZBRA is still creating some value.
Compared to 1 year ago, 1ZBRA has more shares outstanding
1ZBRA has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, 1ZBRA has an improved debt to assets ratio.
2.2 Solvency
1ZBRA has an Altman-Z score of 4.28. This indicates that 1ZBRA is financially healthy and has little risk of bankruptcy at the moment.
1ZBRA has a better Altman-Z score (4.28) than 84.91% of its industry peers.
The Debt to FCF ratio of 1ZBRA is 2.17, which is a good value as it means it would take 1ZBRA, 2.17 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of 1ZBRA (2.17) is better than 79.25% of its industry peers.
1ZBRA has a Debt/Equity ratio of 0.58. This is a neutral value indicating 1ZBRA is somewhat dependend on debt financing.
1ZBRA has a Debt to Equity ratio of 0.58. This is in the lower half of the industry: 1ZBRA underperforms 67.92% of its industry peers.
Even though the debt/equity ratio score it not favorable for 1ZBRA, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 2.17 | ||
| Altman-Z | 4.28 |
ROIC/WACC1.35
WACC7.98%
2.3 Liquidity
1ZBRA has a Current Ratio of 1.45. This is a normal value and indicates that 1ZBRA is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.45, 1ZBRA is in line with its industry, outperforming 43.40% of the companies in the same industry.
1ZBRA has a Quick Ratio of 1.02. This is a normal value and indicates that 1ZBRA is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.02, 1ZBRA is in line with its industry, outperforming 49.06% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.45 | ||
| Quick Ratio | 1.02 |
3. Growth
3.1 Past
1ZBRA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 68.66%, which is quite impressive.
Measured over the past 5 years, 1ZBRA shows a small growth in Earnings Per Share. The EPS has been growing by 0.88% on average per year.
The Revenue has grown by 17.46% in the past year. This is quite good.
The Revenue has been growing slightly by 2.12% on average over the past years.
EPS 1Y (TTM)68.66%
EPS 3Y-9.87%
EPS 5Y0.88%
EPS Q2Q%41.55%
Revenue 1Y (TTM)17.46%
Revenue growth 3Y-3.98%
Revenue growth 5Y2.12%
Sales Q2Q%11.32%
3.2 Future
The Earnings Per Share is expected to grow by 13.52% on average over the next years. This is quite good.
Based on estimates for the next years, 1ZBRA will show a small growth in Revenue. The Revenue will grow by 5.94% on average per year.
EPS Next Y8.78%
EPS Next 2Y11.29%
EPS Next 3Y10.97%
EPS Next 5Y13.52%
Revenue Next Year5.9%
Revenue Next 2Y5.99%
Revenue Next 3Y5.7%
Revenue Next 5Y5.94%
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
Based on the Price/Earnings ratio of 22.06, the valuation of 1ZBRA can be described as rather expensive.
Based on the Price/Earnings ratio, 1ZBRA is valued a bit cheaper than 69.81% of the companies in the same industry.
1ZBRA is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.82, which is the current average of the S&P500 Index.
1ZBRA is valuated rather expensively with a Price/Forward Earnings ratio of 19.36.
The rest of the industry has a similar Price/Forward Earnings ratio as 1ZBRA.
1ZBRA is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 36.21, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.06 | ||
| Fwd PE | 19.36 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as 1ZBRA.
1ZBRA's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. 1ZBRA is cheaper than 60.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.45 | ||
| EV/EBITDA | 18.45 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of 1ZBRA may justify a higher PE ratio.
PEG (NY)2.51
PEG (5Y)25.02
EPS Next 2Y11.29%
EPS Next 3Y10.97%
5. Dividend
5.1 Amount
1ZBRA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BIT:1ZBRA (7/25/2025, 7:00:00 PM)
283
+283 (+Infinity%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners93.22%
Inst Owner ChangeN/A
Ins Owners0.7%
Ins Owner ChangeN/A
Market Cap14.39B
Analysts77.5
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)1
Avg EPS beat(2)4.19%
Min EPS beat(2)-0.59%
Max EPS beat(2)8.97%
EPS beat(4)3
Avg EPS beat(4)6.32%
Min EPS beat(4)-0.59%
Max EPS beat(4)11.15%
EPS beat(8)6
Avg EPS beat(8)5.43%
EPS beat(12)8
Avg EPS beat(12)3.32%
EPS beat(16)12
Avg EPS beat(16)3.86%
Revenue beat(2)0
Avg Revenue beat(2)-0.64%
Min Revenue beat(2)-0.67%
Max Revenue beat(2)-0.61%
Revenue beat(4)2
Avg Revenue beat(4)0.21%
Min Revenue beat(4)-0.67%
Max Revenue beat(4)1.13%
Revenue beat(8)4
Avg Revenue beat(8)-0.95%
Revenue beat(12)5
Avg Revenue beat(12)-1.39%
Revenue beat(16)8
Avg Revenue beat(16)-0.93%
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.06 | ||
| Fwd PE | 19.36 | ||
| P/S | 3.22 | ||
| P/FCF | 16.45 | ||
| P/OCF | 15.45 | ||
| P/B | 4.54 | ||
| P/tB | N/A | ||
| EV/EBITDA | 18.45 |
EPS(TTM)12.83
EY4.53%
EPS(NY)14.62
Fwd EY5.17%
FCF(TTM)17.2
FCFY6.08%
OCF(TTM)18.32
OCFY6.47%
SpS87.87
BVpS62.3
TBVpS-12.44
PEG (NY)2.51
PEG (5Y)25.02
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.95% | ||
| ROE | 15.14% | ||
| ROCE | 12.55% | ||
| ROIC | 10.78% | ||
| ROICexc | 12.52% | ||
| ROICexgc | 62.54% | ||
| OM | 15.51% | ||
| PM (TTM) | 10.74% | ||
| GM | 48.79% | ||
| FCFM | 19.57% |
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%
ROICexcg growth 3Y-36.88%
ROICexcg 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-Score8
Asset Turnover0.65
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 2.17 | ||
| Debt/EBITDA | 2.18 | ||
| Cap/Depr | 38.24% | ||
| Cap/Sales | 1.27% | ||
| Interest Coverage | 19.34 | ||
| Cash Conversion | 110.7% | ||
| Profit Quality | 182.33% | ||
| Current Ratio | 1.45 | ||
| Quick Ratio | 1.02 | ||
| Altman-Z | 4.28 |
F-Score8
WACC7.98%
ROIC/WACC1.35
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)68.66%
EPS 3Y-9.87%
EPS 5Y0.88%
EPS Q2Q%41.55%
EPS Next Y8.78%
EPS Next 2Y11.29%
EPS Next 3Y10.97%
EPS Next 5Y13.52%
Revenue 1Y (TTM)17.46%
Revenue growth 3Y-3.98%
Revenue growth 5Y2.12%
Sales Q2Q%11.32%
Revenue Next Year5.9%
Revenue Next 2Y5.99%
Revenue Next 3Y5.7%
Revenue Next 5Y5.94%
EBIT growth 1Y52.5%
EBIT growth 3Y-8.88%
EBIT growth 5Y1.11%
EBIT Next Year14.89%
EBIT Next 3Y11.07%
EBIT Next 5Y11.31%
FCF growth 1Y256.23%
FCF growth 3Y-1.88%
FCF growth 5Y8.86%
OCF growth 1Y197.77%
OCF growth 3Y-1.78%
OCF growth 5Y8.14%