ZAPTEC ASA (ZAP.OL) Stock Fundamental Analysis
Europe - OSL:ZAP - NO0010713936 - Common Stock
30.45 NOK
+0.45 (+1.5%)
Taking everything into account, ZAP scores 5 out of 10 in our fundamental rating. ZAP was compared to 60 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
ZAP had positive earnings in the past year.
ZAP had a positive operating cash flow in the past year.
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
With a Return On Assets value of -0.15%, ZAP perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
ZAP has a Return On Equity of -0.25%. This is comparable to the rest of the industry: ZAP outperforms 51.67% of its industry peers.
ZAP has a Return On Invested Capital (3.20%) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.15% | ||
| ROE | -0.25% | ||
| ROIC | 3.2% |
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 has a Operating Margin of 2.87%. This is comparable to the rest of the industry: ZAP outperforms 50.00% of its industry peers.
In the last couple of years the Operating Margin of ZAP has declined.
Looking at the Gross Margin, with a value of 38.99%, ZAP is in the better half of the industry, outperforming 61.67% of the companies in the same industry.
In the last couple of years the Gross Margin of ZAP has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.87% | ||
| PM (TTM) | N/A | ||
| GM | 38.99% |
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.
The number of shares outstanding for ZAP has been increased compared to 5 years ago.
ZAP has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.99 indicates that ZAP is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 4.99, ZAP belongs to the best of the industry, outperforming 95.00% of the companies in the same industry.
The Debt to FCF ratio of ZAP is 2.26, which is a good value as it means it would take ZAP, 2.26 years of fcf income to pay off all of its debts.
ZAP has a Debt to FCF ratio of 2.26. This is amongst the best in the industry. ZAP outperforms 88.33% of its industry peers.
A Debt/Equity ratio of 0.25 indicates that ZAP is not too dependend on debt financing.
ZAP's Debt to Equity ratio of 0.25 is fine compared to the rest of the industry. ZAP outperforms 76.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 2.26 | ||
| Altman-Z | 4.99 |
ROIC/WACC0.38
WACC8.51%
2.3 Liquidity
ZAP has a Current Ratio of 2.34. This indicates that ZAP is financially healthy and has no problem in meeting its short term obligations.
ZAP has a Current ratio of 2.34. This is amongst the best in the industry. ZAP outperforms 81.67% of its industry peers.
A Quick Ratio of 1.10 indicates that ZAP should not have too much problems paying its short term obligations.
The Quick ratio of ZAP (1.10) is better than 68.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.34 | ||
| Quick Ratio | 1.1 |
3. Growth
3.1 Past
The earnings per share for ZAP have decreased strongly by -85.55% in the last year.
ZAP shows a decrease in Revenue. In the last year, the revenue decreased by -9.66%.
ZAP shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 51.94% yearly.
EPS 1Y (TTM)-85.55%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%41.51%
Revenue 1Y (TTM)-9.66%
Revenue growth 3Y37.35%
Revenue growth 5Y51.94%
Sales Q2Q%12.56%
3.2 Future
Based on estimates for the next years, ZAP will show a very strong growth in Earnings Per Share. The EPS will grow by 263.14% on average per year.
ZAP is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.40% yearly.
EPS Next Y1999.24%
EPS Next 2Y543.52%
EPS Next 3Y263.14%
EPS Next 5YN/A
Revenue Next Year16.17%
Revenue Next 2Y18.19%
Revenue Next 3Y16.09%
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
A Price/Earnings ratio of 507.50 indicates a quite expensive valuation of ZAP.
The rest of the industry has a similar Price/Earnings ratio as ZAP.
ZAP's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.20.
A Price/Forward Earnings ratio of 16.80 indicates a correct valuation of ZAP.
ZAP's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ZAP is cheaper than 71.67% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of ZAP to the average of the S&P500 Index (22.70), we can say ZAP is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 507.5 | ||
| Fwd PE | 16.8 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ZAP is valued a bit more expensive than the industry average as 63.33% of the companies are valued more cheaply.
Based on the Price/Free Cash Flow ratio, ZAP is valued a bit cheaper than 61.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 34.82 | ||
| EV/EBITDA | 35.22 |
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 263.14% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.25
PEG (5Y)N/A
EPS Next 2Y543.52%
EPS Next 3Y263.14%
5. Dividend
5.1 Amount
ZAP does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
OSL:ZAP (9/18/2025, 4:19:57 PM)
30.45
+0.45 (+1.5%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners17.91%
Inst Owner ChangeN/A
Ins Owners0.46%
Ins Owner ChangeN/A
Market Cap2.66B
Analysts80
Price Target33.66 (10.54%)
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)137.95%
Min EPS beat(2)-190.43%
Max EPS beat(2)466.34%
EPS beat(4)2
Avg EPS beat(4)248.93%
Min EPS beat(4)-429.7%
Max EPS beat(4)1149.51%
EPS beat(8)3
Avg EPS beat(8)91.06%
EPS beat(12)3
Avg EPS beat(12)15.02%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.34%
Min Revenue beat(2)-3.7%
Max Revenue beat(2)4.38%
Revenue beat(4)2
Avg Revenue beat(4)-5.03%
Min Revenue beat(4)-22.07%
Max Revenue beat(4)4.38%
Revenue beat(8)4
Avg Revenue beat(8)-4.19%
Revenue beat(12)6
Avg Revenue beat(12)-3.99%
Revenue beat(16)6
Avg Revenue beat(16)-3.24%
PT rev (1m)0%
PT rev (3m)22.22%
EPS NQ rev (1m)0%
EPS NQ rev (3m)28.57%
EPS NY rev (1m)-10.21%
EPS NY rev (3m)-10.21%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.39%
Revenue NY rev (1m)-1.28%
Revenue NY rev (3m)-3.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 507.5 | ||
| Fwd PE | 16.8 | ||
| P/S | 2.03 | ||
| P/FCF | 34.82 | ||
| P/OCF | 22.26 | ||
| P/B | 3.99 | ||
| P/tB | 5.52 | ||
| EV/EBITDA | 35.22 |
EPS(TTM)0.06
EY0.2%
EPS(NY)1.81
Fwd EY5.95%
FCF(TTM)0.87
FCFY2.87%
OCF(TTM)1.37
OCFY4.49%
SpS15.01
BVpS7.64
TBVpS5.52
PEG (NY)0.25
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.15% | ||
| ROE | -0.25% | ||
| ROCE | 4.83% | ||
| ROIC | 3.2% | ||
| ROICexc | 3.86% | ||
| ROICexgc | 5.11% | ||
| OM | 2.87% | ||
| PM (TTM) | N/A | ||
| GM | 38.99% | ||
| FCFM | 5.83% |
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
ROICexcg growth 3Y-76.75%
ROICexcg 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 Turnover1.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 2.26 | ||
| Debt/EBITDA | 2.32 | ||
| Cap/Depr | 128.23% | ||
| Cap/Sales | 3.29% | ||
| Interest Coverage | 2.33 | ||
| Cash Conversion | 167.67% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.34 | ||
| Quick Ratio | 1.1 | ||
| Altman-Z | 4.99 |
F-Score7
WACC8.51%
ROIC/WACC0.38
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)-85.55%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%41.51%
EPS Next Y1999.24%
EPS Next 2Y543.52%
EPS Next 3Y263.14%
EPS Next 5YN/A
Revenue 1Y (TTM)-9.66%
Revenue growth 3Y37.35%
Revenue growth 5Y51.94%
Sales Q2Q%12.56%
Revenue Next Year16.17%
Revenue Next 2Y18.19%
Revenue Next 3Y16.09%
Revenue Next 5Y16.4%
EBIT growth 1Y694.57%
EBIT growth 3Y-30.13%
EBIT growth 5Y1.88%
EBIT Next Year533.02%
EBIT Next 3Y121.4%
EBIT Next 5YN/A
FCF growth 1Y135.11%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y161.03%
OCF growth 3YN/A
OCF growth 5YN/A