ZAPTEC ASA (ZAP.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:ZAP - NO0010713936 - Common Stock
24.1 NOK
+0.4 (+1.69%)
ZAP gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 68 industry peers in the Electrical Equipment industry. While ZAP has a great health rating, there are worries on its profitability. ZAP is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year ZAP was profitable.
In the past year ZAP had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: ZAP reported negative net income in multiple years.
The reported operating cash flow has been mixed in the past 5 years: ZAP reported negative operating cash flow in multiple years.
1.2 Ratios
ZAP has a Return On Assets (0.57%) which is comparable to the rest of the industry.
ZAP has a Return On Equity (0.86%) which is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 4.36%, ZAP is in line with its industry, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.57% | ||
| ROE | 0.86% | ||
| ROIC | 4.36% |
ROA(3y)-2.29%
ROA(5y)1.22%
ROE(3y)-4.47%
ROE(5y)0.77%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
ZAP's Profit Margin of 0.44% is in line compared to the rest of the industry. ZAP outperforms 48.53% of its industry peers.
ZAP has a Operating Margin of 3.43%. This is comparable to the rest of the industry: ZAP outperforms 45.59% of its industry peers.
In the last couple of years the Operating Margin of ZAP has declined.
The Gross Margin of ZAP (39.54%) is better than 60.29% of its industry peers.
In the last couple of years the Gross Margin of ZAP has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.43% | ||
| PM (TTM) | 0.44% | ||
| GM | 39.54% |
OM growth 3Y-49.13%
OM growth 5Y-32.95%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.13%
GM growth 5Y-2.05%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ZAP is destroying value.
The number of shares outstanding for ZAP remains at a similar level compared to 1 year ago.
Compared to 5 years ago, ZAP has more shares outstanding
ZAP has a worse debt/assets ratio than last year.
2.2 Solvency
ZAP has an Altman-Z score of 5.39. This indicates that ZAP is financially healthy and has little risk of bankruptcy at the moment.
ZAP has a better Altman-Z score (5.39) than 91.18% of its industry peers.
The Debt to FCF ratio of ZAP is 0.18, which is an excellent value as it means it would take ZAP, only 0.18 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.18, ZAP belongs to the top of the industry, outperforming 97.06% of the companies in the same industry.
ZAP has a Debt/Equity ratio of 0.05. This is a healthy value indicating a solid balance between debt and equity.
ZAP's Debt to Equity ratio of 0.05 is amongst the best of the industry. ZAP outperforms 86.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 0.18 | ||
| Altman-Z | 5.39 |
ROIC/WACC0.5
WACC8.7%
2.3 Liquidity
ZAP has a Current Ratio of 3.17. This indicates that ZAP is financially healthy and has no problem in meeting its short term obligations.
ZAP's Current ratio of 3.17 is amongst the best of the industry. ZAP outperforms 89.71% of its industry peers.
A Quick Ratio of 1.58 indicates that ZAP should not have too much problems paying its short term obligations.
ZAP's Quick ratio of 1.58 is fine compared to the rest of the industry. ZAP outperforms 76.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.17 | ||
| Quick Ratio | 1.58 |
3. Growth
3.1 Past
ZAP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 331.89%, which is quite impressive.
Looking at the last year, ZAP shows a decrease in Revenue. The Revenue has decreased by -9.66% in the last year.
ZAP shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 51.94% yearly.
EPS 1Y (TTM)331.89%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%109.61%
Revenue 1Y (TTM)-9.66%
Revenue growth 3Y37.35%
Revenue growth 5Y51.94%
Sales Q2Q%23.41%
3.2 Future
The Earnings Per Share is expected to grow by 160.52% on average over the next years. This is a very strong growth
Based on estimates for the next years, ZAP will show a quite strong growth in Revenue. The Revenue will grow by 16.40% on average per year.
EPS Next Y2076.09%
EPS Next 2Y547.21%
EPS Next 3Y269.51%
EPS Next 5Y160.52%
Revenue Next Year16.24%
Revenue Next 2Y18.35%
Revenue Next 3Y16.17%
Revenue Next 5Y16.4%
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
ZAP is valuated quite expensively with a Price/Earnings ratio of 56.05.
Compared to the rest of the industry, the Price/Earnings ratio of ZAP is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 26.41, ZAP is valued quite expensively.
Based on the Price/Forward Earnings ratio of 13.13, the valuation of ZAP can be described as correct.
ZAP's Price/Forward Earnings ratio is rather cheap when compared to the industry. ZAP is cheaper than 82.35% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 35.40. ZAP is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 56.05 | ||
| Fwd PE | 13.13 |
4.2 Price Multiples
ZAP's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, ZAP is valued cheaper than 89.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.81 | ||
| EV/EBITDA | 24 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
ZAP's earnings are expected to grow with 269.51% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.03
PEG (5Y)N/A
EPS Next 2Y547.21%
EPS Next 3Y269.51%
5. Dividend
5.1 Amount
No dividends for ZAP!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
OSL:ZAP (12/5/2025, 4:06:58 PM)
24.1
+0.4 (+1.69%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners18.19%
Inst Owner ChangeN/A
Ins Owners0.46%
Ins Owner ChangeN/A
Market Cap2.11B
Revenue(TTM)1.27B
Net Income(TTM)6.03M
Analysts80
Price Target33.66 (39.67%)
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 Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-62.71%
Min EPS beat(2)-190.43%
Max EPS beat(2)65.02%
EPS beat(4)2
Avg EPS beat(4)-22.19%
Min EPS beat(4)-429.7%
Max EPS beat(4)466.34%
EPS beat(8)3
Avg EPS beat(8)87.21%
EPS beat(12)4
Avg EPS beat(12)30.75%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)1.29%
Min Revenue beat(2)-1.79%
Max Revenue beat(2)4.38%
Revenue beat(4)1
Avg Revenue beat(4)-5.79%
Min Revenue beat(4)-22.07%
Max Revenue beat(4)4.38%
Revenue beat(8)3
Avg Revenue beat(8)-4.48%
Revenue beat(12)5
Avg Revenue beat(12)-4.19%
Revenue beat(16)6
Avg Revenue beat(16)-3.3%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)5.56%
EPS NQ rev (3m)171.43%
EPS NY rev (1m)0.75%
EPS NY rev (3m)4.05%
Revenue NQ rev (1m)1.14%
Revenue NQ rev (3m)1.14%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)-0.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 56.05 | ||
| Fwd PE | 13.13 | ||
| P/S | 1.56 | ||
| P/FCF | 8.81 | ||
| P/OCF | 7.41 | ||
| P/B | 3.02 | ||
| P/tB | 4.11 | ||
| EV/EBITDA | 24 |
EPS(TTM)0.43
EY1.78%
EPS(NY)1.83
Fwd EY7.61%
FCF(TTM)2.74
FCFY11.35%
OCF(TTM)3.25
OCFY13.49%
SpS15.5
BVpS7.99
TBVpS5.87
PEG (NY)0.03
PEG (5Y)N/A
Graham Number8.79
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.57% | ||
| ROE | 0.86% | ||
| ROCE | 5.66% | ||
| ROIC | 4.36% | ||
| ROICexc | 5.46% | ||
| ROICexgc | 7.61% | ||
| OM | 3.43% | ||
| PM (TTM) | 0.44% | ||
| GM | 39.54% | ||
| FCFM | 17.66% |
ROA(3y)-2.29%
ROA(5y)1.22%
ROE(3y)-4.47%
ROE(5y)0.77%
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 3Y-76.75%
ROICexgc growth 5Y-65.06%
ROICexc growth 3Y-58.28%
ROICexc growth 5Y-41%
OM growth 3Y-49.13%
OM growth 5Y-32.95%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.13%
GM growth 5Y-2.05%
F-Score6
Asset Turnover1.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 0.18 | ||
| Debt/EBITDA | 0.44 | ||
| Cap/Depr | 129.4% | ||
| Cap/Sales | 3.33% | ||
| Interest Coverage | 3.54 | ||
| Cash Conversion | 349.4% | ||
| Profit Quality | 3970.14% | ||
| Current Ratio | 3.17 | ||
| Quick Ratio | 1.58 | ||
| Altman-Z | 5.39 |
F-Score6
WACC8.7%
ROIC/WACC0.5
Cap/Depr(3y)171.15%
Cap/Depr(5y)198.72%
Cap/Sales(3y)4.15%
Cap/Sales(5y)4.72%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)331.89%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%109.61%
EPS Next Y2076.09%
EPS Next 2Y547.21%
EPS Next 3Y269.51%
EPS Next 5Y160.52%
Revenue 1Y (TTM)-9.66%
Revenue growth 3Y37.35%
Revenue growth 5Y51.94%
Sales Q2Q%23.41%
Revenue Next Year16.24%
Revenue Next 2Y18.35%
Revenue Next 3Y16.17%
Revenue Next 5Y16.4%
EBIT growth 1Y222.68%
EBIT growth 3Y-30.13%
EBIT growth 5Y1.88%
EBIT Next Year516.78%
EBIT Next 3Y126.06%
EBIT Next 5Y81.54%
FCF growth 1Y190.67%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y220.57%
OCF growth 3YN/A
OCF growth 5YN/A
ZAPTEC ASA / ZAP.OL FAQ
Can you provide the ChartMill fundamental rating for ZAPTEC ASA?
ChartMill assigns a fundamental rating of 5 / 10 to ZAP.OL.
What is the valuation status for ZAP stock?
ChartMill assigns a valuation rating of 6 / 10 to ZAPTEC ASA (ZAP.OL). This can be considered as Fairly Valued.
How profitable is ZAPTEC ASA (ZAP.OL) stock?
ZAPTEC ASA (ZAP.OL) has a profitability rating of 3 / 10.
Can you provide the financial health for ZAP stock?
The financial health rating of ZAPTEC ASA (ZAP.OL) is 7 / 10.
What is the expected EPS growth for ZAPTEC ASA (ZAP.OL) stock?
The Earnings per Share (EPS) of ZAPTEC ASA (ZAP.OL) is expected to grow by 2076.09% in the next year.