ZAPTEC ASA (ZAP.OL) Stock Fundamental Analysis
OSL:ZAP - NO0010713936 - Common Stock
26.75 NOK
-0.5 (-1.83%)
Taking everything into account, ZAP scores 4 out of 10 in our fundamental rating. ZAP was compared to 57 industry peers in the Electrical Equipment industry. ZAP has a great financial health rating, but its profitability evaluates not so good. ZAP is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
ZAP had negative earnings in the past year.
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
Looking at the Return On Assets, with a value of -0.15%, ZAP is in line with its industry, outperforming 49.12% of the companies in the same industry.
ZAP has a Return On Equity (-0.25%) which is in line with its industry peers.
The Return On Invested Capital of ZAP (3.20%) is comparable to the rest of the industry.
| 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 (2.87%) which is in line with its industry peers.
In the last couple of years the Operating Margin of ZAP has declined.
ZAP's Gross Margin of 38.99% is in line compared to the rest of the industry. ZAP outperforms 59.65% of its industry peers.
ZAP's Gross Margin has declined in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ZAP is destroying value.
ZAP has about the same amout of shares outstanding than it did 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
An Altman-Z score of 4.69 indicates that ZAP is not in any danger for bankruptcy at the moment.
ZAP's Altman-Z score of 4.69 is amongst the best of the industry. ZAP outperforms 92.98% of its industry peers.
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's Debt to FCF ratio of 2.26 is amongst the best of the industry. ZAP outperforms 85.96% of its industry peers.
ZAP has a Debt/Equity ratio of 0.25. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.25, ZAP is doing good in the industry, outperforming 70.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 2.26 | ||
| Altman-Z | 4.69 |
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.
Looking at the Current ratio, with a value of 2.34, ZAP belongs to the top of the industry, outperforming 80.70% of the companies in the same industry.
A Quick Ratio of 1.10 indicates that ZAP should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.10, ZAP is in the better half of the industry, outperforming 64.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.34 | ||
| Quick Ratio | 1.1 |
3. Growth
3.1 Past
ZAP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -105.87%.
Looking at the last year, ZAP shows a decrease in Revenue. The Revenue has decreased by -8.28% in the last year.
Measured over the past years, ZAP shows a very strong growth in Revenue. The Revenue has been growing by 51.94% on average per year.
EPS 1Y (TTM)-105.87%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%20%
Revenue 1Y (TTM)-8.28%
Revenue growth 3Y37.35%
Revenue growth 5Y51.94%
Sales Q2Q%15.44%
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.
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 Y1999.24%
EPS Next 2Y543.52%
EPS Next 3Y263.14%
EPS Next 5YN/A
Revenue Next Year16.92%
Revenue Next 2Y18.16%
Revenue Next 3Y15.94%
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 reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
A Price/Forward Earnings ratio of 14.75 indicates a correct valuation of ZAP.
Based on the Price/Forward Earnings ratio, ZAP is valued cheaply inside the industry as 80.70% of the companies are valued more expensively.
ZAP's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.67.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 14.75 |
4.2 Price Multiples
ZAP's Enterprise Value to EBITDA ratio is in line with the industry average.
ZAP's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.59 | ||
| EV/EBITDA | 31.85 |
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.
ZAP's earnings are expected to grow with 263.14% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y543.52%
EPS Next 3Y263.14%
5. Dividend
5.1 Amount
No dividends for ZAP!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
OSL:ZAP (8/27/2025, 4:16:40 PM)
26.75
-0.5 (-1.83%)
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 Cap2.34B
Analysts80
Price Target33.66 (25.83%)
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)29.41%
EPS NQ rev (1m)28.57%
EPS NQ rev (3m)28.57%
EPS NY rev (1m)-10.21%
EPS NY rev (3m)-10.21%
Revenue NQ rev (1m)1.05%
Revenue NQ rev (3m)0.39%
Revenue NY rev (1m)-2.81%
Revenue NY rev (3m)-2.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 14.75 | ||
| P/S | 1.78 | ||
| P/FCF | 30.59 | ||
| P/OCF | 19.55 | ||
| P/B | 3.5 | ||
| P/tB | 4.85 | ||
| EV/EBITDA | 31.85 |
EPS(TTM)-0.02
EYN/A
EPS(NY)1.81
Fwd EY6.78%
FCF(TTM)0.87
FCFY3.27%
OCF(TTM)1.37
OCFY5.11%
SpS15.01
BVpS7.64
TBVpS5.52
PEG (NY)N/A
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 | 4.69 |
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)-105.87%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%20%
EPS Next Y1999.24%
EPS Next 2Y543.52%
EPS Next 3Y263.14%
EPS Next 5YN/A
Revenue 1Y (TTM)-8.28%
Revenue growth 3Y37.35%
Revenue growth 5Y51.94%
Sales Q2Q%15.44%
Revenue Next Year16.92%
Revenue Next 2Y18.16%
Revenue Next 3Y15.94%
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