ZSCALER INC (1ZS.MI) Stock Fundamental Analysis

BIT:1ZS • US98980G1022

149.52 EUR
-32.02 (-17.64%)
Last: Feb 13, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

4

1ZS gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 118 industry peers in the Software industry. While 1ZS seems to be doing ok healthwise, there are quite some concerns on its profitability. 1ZS is valued quite expensively, but it does show have an excellent growth rating.


Dividend Valuation Growth Profitability Health

2

1. Profitability

1.1 Basic Checks

  • In the past year 1ZS was profitable.
  • In the past year 1ZS had a positive cash flow from operations.
  • In the past 5 years 1ZS always reported negative net income.
  • 1ZS had a positive operating cash flow in each of the past 5 years.
1ZS.MI Yearly Net Income VS EBIT VS OCF VS FCF1ZS.MI 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

  • 1ZS has a worse Return On Assets (-0.63%) than 61.21% of its industry peers.
  • The Return On Equity of 1ZS (-2.07%) is worse than 61.21% of its industry peers.
Industry RankSector Rank
ROA -0.63%
ROE -2.07%
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
1ZS.MI Yearly ROA, ROE, ROIC1ZS.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 -20 -40 -60 -80

1.3 Margins

  • Looking at the Gross Margin, with a value of 76.65%, 1ZS is in line with its industry, outperforming 56.90% of the companies in the same industry.
  • 1ZS's Gross Margin has been stable in the last couple of years.
  • The Profit Margin and Operating Margin are not available for 1ZS so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 76.65%
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%
1ZS.MI Yearly Profit, Operating, Gross Margins1ZS.MI 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. Health

2.1 Basic Checks

  • 1ZS does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • Compared to 1 year ago, 1ZS has more shares outstanding
  • The number of shares outstanding for 1ZS has been increased compared to 5 years ago.
  • The debt/assets ratio for 1ZS is higher compared to a year ago.
1ZS.MI Yearly Shares Outstanding1ZS.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M
1ZS.MI Yearly Total Debt VS Total Assets1ZS.MI 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

  • 1ZS has an Altman-Z score of 4.71. This indicates that 1ZS is financially healthy and has little risk of bankruptcy at the moment.
  • The Altman-Z score of 1ZS (4.71) is better than 68.97% of its industry peers.
  • The Debt to FCF ratio of 1ZS is 2.00, which is a good value as it means it would take 1ZS, 2.00 years of fcf income to pay off all of its debts.
  • 1ZS has a Debt to FCF ratio (2.00) which is comparable to the rest of the industry.
  • 1ZS has a Debt/Equity ratio of 0.86. This is a neutral value indicating 1ZS is somewhat dependend on debt financing.
  • 1ZS has a worse Debt to Equity ratio (0.86) than 76.72% of its industry peers.
  • Although 1ZS does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. 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 0.86
Debt/FCF 2
Altman-Z 4.71
ROIC/WACCN/A
WACC10.72%
1ZS.MI Yearly LT Debt VS Equity VS FCF1ZS.MI 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

  • A Current Ratio of 1.82 indicates that 1ZS should not have too much problems paying its short term obligations.
  • 1ZS has a better Current ratio (1.82) than 67.24% of its industry peers.
  • A Quick Ratio of 1.82 indicates that 1ZS should not have too much problems paying its short term obligations.
  • The Quick ratio of 1ZS (1.82) is better than 70.69% of its industry peers.
Industry RankSector Rank
Current Ratio 1.82
Quick Ratio 1.82
1ZS.MI Yearly Current Assets VS Current Liabilites1ZS.MI 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

8

3. Growth

3.1 Past

  • The Earnings Per Share has been growing slightly by 5.47% over the past year.
  • 1ZS shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 68.71% yearly.
  • Looking at the last year, 1ZS shows a very strong growth in Revenue. The Revenue has grown by 23.24%.
  • Measured over the past years, 1ZS shows a very strong growth in Revenue. The Revenue has been growing by 44.03% on average per year.
EPS 1Y (TTM)5.47%
EPS 3Y68.14%
EPS 5Y68.71%
EPS Q2Q%24.68%
Revenue 1Y (TTM)23.24%
Revenue growth 3Y34.82%
Revenue growth 5Y44.03%
Sales Q2Q%25.5%

3.2 Future

  • Based on estimates for the next years, 1ZS will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.81% on average per year.
  • 1ZS is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 20.01% yearly.
EPS Next Y20.25%
EPS Next 2Y18.92%
EPS Next 3Y19.33%
EPS Next 5Y19.81%
Revenue Next Year23.95%
Revenue Next 2Y21.61%
Revenue Next 3Y20.67%
Revenue Next 5Y20.01%

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.
  • Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
1ZS.MI Yearly Revenue VS Estimates1ZS.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2B 4B 6B 8B 10B
1ZS.MI Yearly EPS VS Estimates1ZS.MI 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

1

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 50.86 indicates a quite expensive valuation of 1ZS.
  • The rest of the industry has a similar Price/Earnings ratio as 1ZS.
  • 1ZS's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.68.
  • A Price/Forward Earnings ratio of 38.01 indicates a quite expensive valuation of 1ZS.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of 1ZS is on the same level as its industry peers.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 28.06, 1ZS is valued a bit more expensive.
Industry RankSector Rank
PE 50.86
Fwd PE 38.01
1ZS.MI Price Earnings VS Forward Price Earnings1ZS.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, 1ZS is valued a bit more expensive than the industry average as 75.00% of the companies are valued more cheaply.
  • 1ZS's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 33.16
EV/EBITDA 3196.65
1ZS.MI Per share data1ZS.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates 1ZS does not grow enough to justify the current Price/Earnings ratio.
  • A more expensive valuation may be justified as 1ZS's earnings are expected to grow with 19.33% in the coming years.
PEG (NY)2.51
PEG (5Y)0.74
EPS Next 2Y18.92%
EPS Next 3Y19.33%

More info and screens

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

0

5. Dividend

5.1 Amount

  • 1ZS does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

ZSCALER INC

BIT:1ZS (2/13/2026, 7:00:00 PM)

149.52

-32.02 (-17.64%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)11-25
Earnings (Next)02-26
Inst Owners55.76%
Inst Owner ChangeN/A
Ins Owners35.42%
Ins Owner ChangeN/A
Market Cap23.84B
Revenue(TTM)2.83B
Net Income(TTM)-41.04M
Analysts81.79
Price Target278.36 (86.17%)
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 YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8.32%
Min EPS beat(2)8.25%
Max EPS beat(2)8.4%
EPS beat(4)4
Avg EPS beat(4)8.61%
Min EPS beat(4)8.25%
Max EPS beat(4)9.41%
EPS beat(8)8
Avg EPS beat(8)16.65%
EPS beat(12)12
Avg EPS beat(12)18.75%
EPS beat(16)16
Avg EPS beat(16)20.08%
Revenue beat(2)0
Avg Revenue beat(2)-1.17%
Min Revenue beat(2)-1.22%
Max Revenue beat(2)-1.11%
Revenue beat(4)0
Avg Revenue beat(4)-1.14%
Min Revenue beat(4)-1.22%
Max Revenue beat(4)-1.03%
Revenue beat(8)4
Avg Revenue beat(8)-0.24%
Revenue beat(12)7
Avg Revenue beat(12)0.3%
Revenue beat(16)11
Avg Revenue beat(16)0.65%
PT rev (1m)-3.15%
PT rev (3m)-1.69%
EPS NQ rev (1m)0.46%
EPS NQ rev (3m)1.32%
EPS NY rev (1m)0.66%
EPS NY rev (3m)4.04%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.33%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)0.53%
Valuation
Industry RankSector Rank
PE 50.86
Fwd PE 38.01
P/S 9.93
P/FCF 33.16
P/OCF 25.81
P/B 14.19
P/tB 36.4
EV/EBITDA 3196.65
EPS(TTM)2.94
EY1.97%
EPS(NY)3.93
Fwd EY2.63%
FCF(TTM)4.51
FCFY3.02%
OCF(TTM)5.79
OCFY3.87%
SpS15.06
BVpS10.54
TBVpS4.11
PEG (NY)2.51
PEG (5Y)0.74
Graham Number26.4
Profitability
Industry RankSector Rank
ROA -0.63%
ROE -2.07%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 76.65%
FCFM 29.93%
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-Score4
Asset Turnover0.44
Health
Industry RankSector Rank
Debt/Equity 0.86
Debt/FCF 2
Debt/EBITDA 191.34
Cap/Depr 176.38%
Cap/Sales 8.52%
Interest Coverage N/A
Cash Conversion 12262.5%
Profit Quality N/A
Current Ratio 1.82
Quick Ratio 1.82
Altman-Z 4.71
F-Score4
WACC10.72%
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)5.47%
EPS 3Y68.14%
EPS 5Y68.71%
EPS Q2Q%24.68%
EPS Next Y20.25%
EPS Next 2Y18.92%
EPS Next 3Y19.33%
EPS Next 5Y19.81%
Revenue 1Y (TTM)23.24%
Revenue growth 3Y34.82%
Revenue growth 5Y44.03%
Sales Q2Q%25.5%
Revenue Next Year23.95%
Revenue Next 2Y21.61%
Revenue Next 3Y20.67%
Revenue Next 5Y20.01%
EBIT growth 1Y-20.58%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year56.97%
EBIT Next 3Y33.54%
EBIT Next 5YN/A
FCF growth 1Y83.29%
FCF growth 3Y46.46%
FCF growth 5Y92.49%
OCF growth 1Y83.19%
OCF growth 3Y44.56%
OCF growth 5Y65.09%

ZSCALER INC / 1ZS.MI FAQ

What is the ChartMill fundamental rating of ZSCALER INC (1ZS.MI) stock?

ChartMill assigns a fundamental rating of 4 / 10 to 1ZS.MI.


What is the valuation status of ZSCALER INC (1ZS.MI) stock?

ChartMill assigns a valuation rating of 1 / 10 to ZSCALER INC (1ZS.MI). This can be considered as Overvalued.


How profitable is ZSCALER INC (1ZS.MI) stock?

ZSCALER INC (1ZS.MI) has a profitability rating of 2 / 10.


Can you provide the financial health for 1ZS stock?

The financial health rating of ZSCALER INC (1ZS.MI) is 5 / 10.


What is the expected EPS growth for ZSCALER INC (1ZS.MI) stock?

The Earnings per Share (EPS) of ZSCALER INC (1ZS.MI) is expected to grow by 20.25% in the next year.