ZAPTEC ASA (ZAP.OL) Stock Fundamental Analysis
OSL:ZAP - Euronext Oslo - NO0010713936 - Common Stock - Currency: NOK
Overall ZAP gets a fundamental rating of 4 out of 10. We evaluated ZAP against 58 industry peers in the Electrical Equipment industry. ZAP has a great financial health rating, but its profitability evaluates not so good. ZAP has a correct valuation and a medium 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
ZAP has a Return On Assets (-0.15%) which is in line with its industry peers.
ZAP's Return On Equity of -0.25% is in line compared to the rest of the industry. ZAP outperforms 44.83% of its industry peers.
With a Return On Invested Capital value of 3.20%, ZAP perfoms like the industry average, outperforming 50.00% of the companies in the same 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
Looking at the Operating Margin, with a value of 2.87%, ZAP is in line with its industry, outperforming 50.00% of the companies in the same industry.
ZAP's Operating Margin has declined in the last couple of years.
The Gross Margin of ZAP (38.99%) is comparable to the rest of the industry.
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
ZAP has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for ZAP remains at a similar level compared to 1 year ago.
The number of shares outstanding for ZAP has been increased compared to 5 years ago.
Compared to 1 year ago, ZAP has a worse debt to assets ratio.
2.2 Solvency
ZAP has an Altman-Z score of 4.43. This indicates that ZAP is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of ZAP (4.43) is better than 86.21% 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 has a Debt to FCF ratio of 2.26. This is amongst the best in the industry. ZAP outperforms 81.03% of its industry peers.
A Debt/Equity ratio of 0.25 indicates that ZAP is not too dependend on debt financing.
ZAP has a Debt to Equity ratio of 0.25. This is in the better half of the industry: ZAP outperforms 74.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 2.26 | ||
| Altman-Z | 4.43 |
ROIC/WACC0.37
WACC8.58%
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.
The Current ratio of ZAP (2.34) is better than 77.59% of its industry peers.
ZAP has a Quick Ratio of 1.10. This is a normal value and indicates that ZAP is financially healthy and should not expect problems in meeting 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 65.52% 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.
The Revenue has been growing by 51.94% on average over the past years. This is a very strong growth!
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
ZAP is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 257.22% yearly.
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 Y2215.14%
EPS Next 2Y528.85%
EPS Next 3Y257.22%
EPS Next 5YN/A
Revenue Next Year20.3%
Revenue Next 2Y19.52%
Revenue Next 3Y16.33%
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
The Price/Earnings Ratio is negative for ZAP. In the last year negative earnings were reported.
The Price/Forward Earnings ratio is 14.07, which indicates a correct valuation of ZAP.
Based on the Price/Forward Earnings ratio, ZAP is valued a bit cheaper than the industry average as 74.14% of the companies are valued more expensively.
ZAP's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 37.13.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 14.07 |
4.2 Price Multiples
ZAP's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, ZAP is valued a bit cheaper than 68.97% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.79 | ||
| EV/EBITDA | 28.91 |
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 257.22% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y528.85%
EPS Next 3Y257.22%
5. Dividend
5.1 Amount
No dividends for ZAP!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
OSL:ZAP (7/31/2025, 4:19:45 PM)
24.3
-0.55 (-2.21%)
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 Cap2.13B
Analysts80
Price Target33.66 (38.52%)
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)6.45%
PT rev (3m)29.41%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-0.65%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 14.07 | ||
| P/S | 1.62 | ||
| P/FCF | 27.79 | ||
| P/OCF | 17.76 | ||
| P/B | 3.18 | ||
| P/tB | 4.4 | ||
| EV/EBITDA | 28.91 |
EPS(TTM)-0.02
EYN/A
EPS(NY)1.73
Fwd EY7.11%
FCF(TTM)0.87
FCFY3.6%
OCF(TTM)1.37
OCFY5.63%
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 | 4.43 |
F-Score7
WACC8.58%
ROIC/WACC0.37
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 Y2215.14%
EPS Next 2Y528.85%
EPS Next 3Y257.22%
EPS Next 5YN/A
Revenue 1Y (TTM)-8.28%
Revenue growth 3Y37.35%
Revenue growth 5Y51.94%
Sales Q2Q%15.44%
Revenue Next Year20.3%
Revenue Next 2Y19.52%
Revenue Next 3Y16.33%
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