ZAPTEC ASA (ZAP.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:ZAP - NO0010713936 - Common Stock
23.75 NOK
-0.15 (-0.63%)
Overall ZAP gets a fundamental rating of 5 out of 10. We evaluated ZAP against 73 industry peers in the Electrical Equipment industry. ZAP has a great financial health rating, but its profitability evaluates not so good. ZAP is growing strongly while it is still valued neutral. This is a good combination!
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.
- In multiple years ZAP reported negative net income over the last 5 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 better Return On Assets (3.51%) than 64.71% of its industry peers.
- ZAP has a Return On Equity (5.33%) which is in line with its industry peers.
- ZAP has a Return On Invested Capital of 5.61%. This is comparable to the rest of the industry: ZAP outperforms 57.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.51% | ||
| ROE | 5.33% | ||
| ROIC | 5.61% |
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 2.67% is in line compared to the rest of the industry. ZAP outperforms 55.88% of its industry peers.
- ZAP has a Operating Margin (4.41%) which is comparable to the rest of the industry.
- In the last couple of years the Operating Margin of ZAP has declined.
- With a decent Gross Margin value of 39.62%, ZAP is doing good in the industry, outperforming 60.29% of the companies in the same industry.
- ZAP's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.41% | ||
| PM (TTM) | 2.67% | ||
| GM | 39.62% |
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
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ZAP is destroying value.
- Compared to 1 year ago, ZAP has about the same amount of shares outstanding.
- ZAP has more shares outstanding than it did 5 years ago.
- ZAP has a worse debt/assets ratio than last year.
2.2 Solvency
- ZAP has an Altman-Z score of 5.50. This indicates that ZAP is financially healthy and has little risk of bankruptcy at the moment.
- ZAP has a better Altman-Z score (5.50) than 86.76% of its industry peers.
- The Debt to FCF ratio of ZAP is 0.16, which is an excellent value as it means it would take ZAP, only 0.16 years of fcf income to pay off all of its debts.
- ZAP's Debt to FCF ratio of 0.16 is amongst the best of the industry. ZAP outperforms 98.53% of its industry peers.
- ZAP has a Debt/Equity ratio of 0.05. This is a healthy value indicating a solid balance between debt and equity.
- The Debt to Equity ratio of ZAP (0.05) is better than 89.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 0.16 | ||
| Altman-Z | 5.5 |
ROIC/WACC0.62
WACC9.06%
2.3 Liquidity
- ZAP has a Current Ratio of 3.53. This indicates that ZAP is financially healthy and has no problem in meeting its short term obligations.
- With an excellent Current ratio value of 3.53, ZAP belongs to the best of the industry, outperforming 88.24% of the companies in the same industry.
- ZAP has a Quick Ratio of 2.09. This indicates that ZAP is financially healthy and has no problem in meeting its short term obligations.
- ZAP has a better Quick ratio (2.09) than 85.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.53 | ||
| Quick Ratio | 2.09 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 331.89% over the past year.
- Looking at the last year, ZAP shows a quite strong growth in Revenue. The Revenue has grown by 10.12% in the last year.
- The Revenue has been growing by 51.94% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)331.89%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%109.61%
Revenue 1Y (TTM)10.12%
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 Y1236.25%
EPS Next 2Y490.13%
EPS Next 3Y261.47%
EPS Next 5Y160.52%
Revenue Next Year13.83%
Revenue Next 2Y16.66%
Revenue Next 3Y15.25%
Revenue Next 5Y16.4%
3.3 Evolution
- 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.
4. Valuation
4.1 Price/Earnings Ratio
- ZAP is valuated quite expensively with a Price/Earnings ratio of 55.23.
- The rest of the industry has a similar Price/Earnings ratio as ZAP.
- ZAP is valuated expensively when we compare the Price/Earnings ratio to 27.38, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 15.73, the valuation of ZAP can be described as correct.
- Based on the Price/Forward Earnings ratio, ZAP is valued a bit cheaper than 75.00% of the companies in the same industry.
- ZAP's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.29.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 55.23 | ||
| Fwd PE | 15.73 |
4.2 Price Multiples
- ZAP's Enterprise Value to EBITDA ratio is in line with the industry average.
- ZAP's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ZAP is cheaper than 95.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.77 | ||
| EV/EBITDA | 19.27 |
4.3 Compensation for Growth
- ZAP's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- A more expensive valuation may be justified as ZAP's earnings are expected to grow with 261.47% in the coming years.
PEG (NY)0.04
PEG (5Y)N/A
EPS Next 2Y490.13%
EPS Next 3Y261.47%
5. Dividend
5.1 Amount
- No dividends for ZAP!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
OSL:ZAP (1/16/2026, 7:00:00 PM)
23.75
-0.15 (-0.63%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)11-05 2025-11-05/bmo
Earnings (Next)02-18 2026-02-18/amc
Inst Owners16.85%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap2.08B
Revenue(TTM)1.43B
Net Income(TTM)38.02M
Analysts80
Price Target32.13 (35.28%)
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 Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-9.15%
Min EPS beat(2)-83.32%
Max EPS beat(2)65.02%
EPS beat(4)2
Avg EPS beat(4)64.4%
Min EPS beat(4)-190.43%
Max EPS beat(4)466.34%
EPS beat(8)3
Avg EPS beat(8)81.99%
EPS beat(12)4
Avg EPS beat(12)30.77%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.43%
Min Revenue beat(2)-1.79%
Max Revenue beat(2)2.66%
Revenue beat(4)2
Avg Revenue beat(4)0.39%
Min Revenue beat(4)-3.7%
Max Revenue beat(4)4.38%
Revenue beat(8)4
Avg Revenue beat(8)-2.98%
Revenue beat(12)5
Avg Revenue beat(12)-4.52%
Revenue beat(16)7
Avg Revenue beat(16)-3.07%
PT rev (1m)0%
PT rev (3m)-4.55%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-9.52%
EPS NY rev (1m)0%
EPS NY rev (3m)-42.07%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4.57%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.01%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 55.23 | ||
| Fwd PE | 15.73 | ||
| P/S | 1.46 | ||
| P/FCF | 7.77 | ||
| P/OCF | 6.57 | ||
| P/B | 2.92 | ||
| P/tB | 4.03 | ||
| EV/EBITDA | 19.27 |
EPS(TTM)0.43
EY1.81%
EPS(NY)1.51
Fwd EY6.36%
FCF(TTM)3.06
FCFY12.86%
OCF(TTM)3.62
OCFY15.22%
SpS16.3
BVpS8.14
TBVpS5.89
PEG (NY)0.04
PEG (5Y)N/A
Graham Number8.88
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.51% | ||
| ROE | 5.33% | ||
| ROCE | 7.28% | ||
| ROIC | 5.61% | ||
| ROICexc | 7.67% | ||
| ROICexgc | 11.17% | ||
| OM | 4.41% | ||
| PM (TTM) | 2.67% | ||
| GM | 39.62% | ||
| FCFM | 18.75% |
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-Score7
Asset Turnover1.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 0.16 | ||
| Debt/EBITDA | 0.36 | ||
| Cap/Depr | 139.75% | ||
| Cap/Sales | 3.44% | ||
| Interest Coverage | 6.99 | ||
| Cash Conversion | 323.02% | ||
| Profit Quality | 703.41% | ||
| Current Ratio | 3.53 | ||
| Quick Ratio | 2.09 | ||
| Altman-Z | 5.5 |
F-Score7
WACC9.06%
ROIC/WACC0.62
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 Y1236.25%
EPS Next 2Y490.13%
EPS Next 3Y261.47%
EPS Next 5Y160.52%
Revenue 1Y (TTM)10.12%
Revenue growth 3Y37.35%
Revenue growth 5Y51.94%
Sales Q2Q%23.41%
Revenue Next Year13.83%
Revenue Next 2Y16.66%
Revenue Next 3Y15.25%
Revenue Next 5Y16.4%
EBIT growth 1Y281.78%
EBIT growth 3Y-30.13%
EBIT growth 5Y1.88%
EBIT Next Year378.19%
EBIT Next 3Y121.31%
EBIT Next 5Y81.54%
FCF growth 1Y177.84%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y201.05%
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.
Can you provide the valuation status for ZAPTEC ASA?
ChartMill assigns a valuation rating of 5 / 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.
How financially healthy is ZAPTEC ASA?
The financial health rating of ZAPTEC ASA (ZAP.OL) is 8 / 10.
What is the earnings growth outlook for ZAPTEC ASA?
The Earnings per Share (EPS) of ZAPTEC ASA (ZAP.OL) is expected to grow by 1236.25% in the next year.