ZEBRA TECHNOLOGIES CORP-CL A (ZBRA) Stock Fundamental Analysis
USA - NASDAQ:ZBRA - US9892071054 - Common Stock
261.37 USD
-9.4 (-3.47%)
261.37 USD
0 (0%)
Taking everything into account, ZBRA scores 6 out of 10 in our fundamental rating. ZBRA was compared to 123 industry peers in the Electronic Equipment, Instruments & Components industry. ZBRA scores excellent on profitability, but there are some minor concerns on its financial health. ZBRA is valued quite cheap, while showing a decent growth score. This is a good combination! With these ratings, ZBRA could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
In the past year ZBRA was profitable.
ZBRA had a positive operating cash flow in the past year.
Each year in the past 5 years ZBRA has been profitable.
Of the past 5 years ZBRA 4 years had a positive operating cash flow.
1.2 Ratios
ZBRA has a better Return On Assets (6.90%) than 84.55% of its industry peers.
ZBRA has a Return On Equity of 15.15%. This is amongst the best in the industry. ZBRA outperforms 83.74% of its industry peers.
With an excellent Return On Invested Capital value of 10.95%, ZBRA belongs to the best of the industry, outperforming 86.18% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ZBRA is above the industry average of 9.37%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.9% | ||
| ROE | 15.15% | ||
| ROIC | 10.95% |
ROA(3y)5.61%
ROA(5y)7.93%
ROE(3y)13.8%
ROE(5y)18.59%
ROIC(3y)11.59%
ROIC(5y)14.22%
1.3 Margins
With an excellent Profit Margin value of 10.56%, ZBRA belongs to the best of the industry, outperforming 84.55% of the companies in the same industry.
In the last couple of years the Profit Margin of ZBRA has declined.
ZBRA has a Operating Margin of 15.59%. This is amongst the best in the industry. ZBRA outperforms 89.43% of its industry peers.
ZBRA's Operating Margin has been stable in the last couple of years.
ZBRA's Gross Margin of 48.59% is amongst the best of the industry. ZBRA outperforms 83.74% of its industry peers.
In the last couple of years the Gross Margin of ZBRA has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.59% | ||
| PM (TTM) | 10.56% | ||
| GM | 48.59% |
OM growth 3Y-5.09%
OM growth 5Y-0.99%
PM growth 3Y-10.68%
PM growth 5Y-2.66%
GM growth 3Y1.23%
GM growth 5Y0.68%
2. Health
2.1 Basic Checks
ZBRA has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
ZBRA has more shares outstanding than it did 1 year ago.
The number of shares outstanding for ZBRA has been reduced compared to 5 years ago.
Compared to 1 year ago, ZBRA has an improved debt to assets ratio.
2.2 Solvency
ZBRA has an Altman-Z score of 3.91. This indicates that ZBRA is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of ZBRA (3.91) is comparable to the rest of the industry.
ZBRA has a debt to FCF ratio of 2.55. This is a good value and a sign of high solvency as ZBRA would need 2.55 years to pay back of all of its debts.
The Debt to FCF ratio of ZBRA (2.55) is better than 72.36% of its industry peers.
A Debt/Equity ratio of 0.59 indicates that ZBRA is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.59, ZBRA is not doing good in the industry: 77.24% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 2.55 | ||
| Altman-Z | 3.91 |
ROIC/WACC1.24
WACC8.86%
2.3 Liquidity
A Current Ratio of 1.46 indicates that ZBRA should not have too much problems paying its short term obligations.
ZBRA has a Current ratio of 1.46. This is in the lower half of the industry: ZBRA underperforms 76.42% of its industry peers.
ZBRA has a Quick Ratio of 1.03. This is a normal value and indicates that ZBRA is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of ZBRA (1.03) is worse than 75.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.46 | ||
| Quick Ratio | 1.03 |
3. Growth
3.1 Past
ZBRA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 38.24%, which is quite impressive.
Measured over the past 5 years, ZBRA shows a small growth in Earnings Per Share. The EPS has been growing by 0.88% on average per year.
ZBRA shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.66%.
Measured over the past years, ZBRA shows a small growth in Revenue. The Revenue has been growing by 2.12% on average per year.
EPS 1Y (TTM)38.24%
EPS 3Y-9.87%
EPS 5Y0.88%
EPS Q2Q%11.17%
Revenue 1Y (TTM)8.66%
Revenue growth 3Y-3.98%
Revenue growth 5Y2.12%
Sales Q2Q%5.18%
3.2 Future
ZBRA is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.88% yearly.
The Revenue is expected to grow by 6.24% on average over the next years.
EPS Next Y17.04%
EPS Next 2Y14.98%
EPS Next 3Y13.48%
EPS Next 5Y14.88%
Revenue Next Year7.29%
Revenue Next 2Y8.05%
Revenue Next 3Y7.16%
Revenue Next 5Y6.24%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 16.85, which indicates a correct valuation of ZBRA.
86.18% of the companies in the same industry are more expensive than ZBRA, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.19, ZBRA is valued a bit cheaper.
With a Price/Forward Earnings ratio of 14.63, ZBRA is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ZBRA indicates a rather cheap valuation: ZBRA is cheaper than 87.80% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.50. ZBRA is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.85 | ||
| Fwd PE | 14.63 |
4.2 Price Multiples
ZBRA's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ZBRA is cheaper than 71.54% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ZBRA is valued cheaply inside the industry as 90.24% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.58 | ||
| EV/EBITDA | 15.38 |
4.3 Compensation for Growth
ZBRA's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
ZBRA has an outstanding profitability rating, which may justify a higher PE ratio.
ZBRA's earnings are expected to grow with 13.48% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.99
PEG (5Y)19.12
EPS Next 2Y14.98%
EPS Next 3Y13.48%
5. Dividend
5.1 Amount
ZBRA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
261.37
-9.4 (-3.47%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners95.75%
Inst Owner Change-0.2%
Ins Owners0.7%
Ins Owner Change0.04%
Market Cap13.29B
Revenue(TTM)4.98B
Net Income(TTM)548.00M
Analysts78.33
Price Target379.48 (45.19%)
Short Float %2.21%
Short Ratio2.24
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)2
Avg EPS beat(2)7.72%
Min EPS beat(2)6.47%
Max EPS beat(2)8.97%
EPS beat(4)3
Avg EPS beat(4)5.15%
Min EPS beat(4)-0.59%
Max EPS beat(4)8.97%
EPS beat(8)7
Avg EPS beat(8)6.45%
EPS beat(12)8
Avg EPS beat(12)3.24%
EPS beat(16)12
Avg EPS beat(16)3.69%
Revenue beat(2)0
Avg Revenue beat(2)-1.03%
Min Revenue beat(2)-1.45%
Max Revenue beat(2)-0.61%
Revenue beat(4)1
Avg Revenue beat(4)-0.4%
Min Revenue beat(4)-1.45%
Max Revenue beat(4)1.13%
Revenue beat(8)4
Avg Revenue beat(8)0%
Revenue beat(12)5
Avg Revenue beat(12)-1.49%
Revenue beat(16)7
Avg Revenue beat(16)-1.04%
PT rev (1m)0%
PT rev (3m)7.81%
EPS NQ rev (1m)0.15%
EPS NQ rev (3m)11.03%
EPS NY rev (1m)0.32%
EPS NY rev (3m)7.6%
Revenue NQ rev (1m)0.07%
Revenue NQ rev (3m)1.28%
Revenue NY rev (1m)0.56%
Revenue NY rev (3m)1.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.85 | ||
| Fwd PE | 14.63 | ||
| P/S | 2.56 | ||
| P/FCF | 15.58 | ||
| P/OCF | 14.37 | ||
| P/B | 3.67 | ||
| P/tB | N/A | ||
| EV/EBITDA | 15.38 |
EPS(TTM)15.51
EY5.93%
EPS(NY)17.86
Fwd EY6.83%
FCF(TTM)16.77
FCFY6.42%
OCF(TTM)18.19
OCFY6.96%
SpS102.06
BVpS71.13
TBVpS-14.04
PEG (NY)0.99
PEG (5Y)19.12
Graham Number157.55
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.9% | ||
| ROE | 15.15% | ||
| ROCE | 12.75% | ||
| ROIC | 10.95% | ||
| ROICexc | 12.7% | ||
| ROICexgc | 60.9% | ||
| OM | 15.59% | ||
| PM (TTM) | 10.56% | ||
| GM | 48.59% | ||
| FCFM | 16.44% |
ROA(3y)5.61%
ROA(5y)7.93%
ROE(3y)13.8%
ROE(5y)18.59%
ROIC(3y)11.59%
ROIC(5y)14.22%
ROICexc(3y)12.35%
ROICexc(5y)15.17%
ROICexgc(3y)83.03%
ROICexgc(5y)N/A
ROCE(3y)13.49%
ROCE(5y)16.56%
ROICexgc growth 3Y-36.88%
ROICexgc growth 5Y-17.49%
ROICexc growth 3Y-16.79%
ROICexc growth 5Y-8.38%
OM growth 3Y-5.09%
OM growth 5Y-0.99%
PM growth 3Y-10.68%
PM growth 5Y-2.66%
GM growth 3Y1.23%
GM growth 5Y0.68%
F-Score9
Asset Turnover0.65
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 2.55 | ||
| Debt/EBITDA | 2.17 | ||
| Cap/Depr | 42.11% | ||
| Cap/Sales | 1.39% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 94.39% | ||
| Profit Quality | 155.66% | ||
| Current Ratio | 1.46 | ||
| Quick Ratio | 1.03 | ||
| Altman-Z | 3.91 |
F-Score9
WACC8.86%
ROIC/WACC1.24
Cap/Depr(3y)40.17%
Cap/Depr(5y)39.59%
Cap/Sales(3y)1.46%
Cap/Sales(5y)1.39%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)38.24%
EPS 3Y-9.87%
EPS 5Y0.88%
EPS Q2Q%11.17%
EPS Next Y17.04%
EPS Next 2Y14.98%
EPS Next 3Y13.48%
EPS Next 5Y14.88%
Revenue 1Y (TTM)8.66%
Revenue growth 3Y-3.98%
Revenue growth 5Y2.12%
Sales Q2Q%5.18%
Revenue Next Year7.29%
Revenue Next 2Y8.05%
Revenue Next 3Y7.16%
Revenue Next 5Y6.24%
EBIT growth 1Y68.19%
EBIT growth 3Y-8.88%
EBIT growth 5Y1.11%
EBIT Next Year21.56%
EBIT Next 3Y13.7%
EBIT Next 5Y11.57%
FCF growth 1Y484.25%
FCF growth 3Y-1.88%
FCF growth 5Y8.86%
OCF growth 1Y312.95%
OCF growth 3Y-1.78%
OCF growth 5Y8.14%
ZEBRA TECHNOLOGIES CORP-CL A / ZBRA FAQ
Can you provide the ChartMill fundamental rating for ZEBRA TECHNOLOGIES CORP-CL A?
ChartMill assigns a fundamental rating of 6 / 10 to ZBRA.
What is the valuation status for ZBRA stock?
ChartMill assigns a valuation rating of 7 / 10 to ZEBRA TECHNOLOGIES CORP-CL A (ZBRA). This can be considered as Undervalued.
How profitable is ZEBRA TECHNOLOGIES CORP-CL A (ZBRA) stock?
ZEBRA TECHNOLOGIES CORP-CL A (ZBRA) has a profitability rating of 8 / 10.
What are the PE and PB ratios of ZEBRA TECHNOLOGIES CORP-CL A (ZBRA) stock?
The Price/Earnings (PE) ratio for ZEBRA TECHNOLOGIES CORP-CL A (ZBRA) is 16.85 and the Price/Book (PB) ratio is 3.67.
Can you provide the financial health for ZBRA stock?
The financial health rating of ZEBRA TECHNOLOGIES CORP-CL A (ZBRA) is 5 / 10.