ZTO EXPRESS CAYMAN INC-ADR (ZTO) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ZTO - US98980A1051 - ADR
21.7 USD
+0.37 (+1.73%)
We assign a fundamental rating of 7 out of 10 to ZTO. ZTO was compared to 23 industry peers in the Air Freight & Logistics industry. ZTO gets an excellent profitability rating and is at the same time showing great financial health properties. ZTO is valued quite cheap, while showing a decent growth score. This is a good combination! With these ratings, ZTO could be worth investigating further for value and quality investing!.
1. Profitability
1.1 Basic Checks
In the past year ZTO was profitable.
In the past year ZTO had a positive cash flow from operations.
In the past 5 years ZTO has always been profitable.
Each year in the past 5 years ZTO had a positive operating cash flow.
1.2 Ratios
ZTO has a better Return On Assets (9.76%) than 86.96% of its industry peers.
ZTO's Return On Equity of 13.66% is fine compared to the rest of the industry. ZTO outperforms 78.26% of its industry peers.
Looking at the Return On Invested Capital, with a value of 10.83%, ZTO belongs to the top of the industry, outperforming 82.61% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ZTO is in line with the industry average of 12.36%.
The 3 year average ROIC (10.66%) for ZTO is below the current ROIC(10.83%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.76% | ||
| ROE | 13.66% | ||
| ROIC | 10.83% |
ROA(3y)9.37%
ROA(5y)8.59%
ROE(3y)13.81%
ROE(5y)12%
ROIC(3y)10.66%
ROIC(5y)9.47%
1.3 Margins
ZTO has a better Profit Margin (18.60%) than 100.00% of its industry peers.
In the last couple of years the Profit Margin of ZTO has declined.
Looking at the Operating Margin, with a value of 22.60%, ZTO belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Operating Margin of ZTO has grown nicely.
Looking at the Gross Margin, with a value of 25.99%, ZTO is in the better half of the industry, outperforming 69.57% of the companies in the same industry.
In the last couple of years the Gross Margin of ZTO has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.6% | ||
| PM (TTM) | 18.6% | ||
| GM | 25.99% |
OM growth 3Y13.76%
OM growth 5Y1.52%
PM growth 3Y8.39%
PM growth 5Y-4.95%
GM growth 3Y12.65%
GM growth 5Y0.68%
2. Health
2.1 Basic Checks
ZTO has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, ZTO has less shares outstanding
The number of shares outstanding for ZTO has been increased compared to 5 years ago.
The debt/assets ratio for ZTO is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 4.41 indicates that ZTO is not in any danger for bankruptcy at the moment.
ZTO has a better Altman-Z score (4.41) than 73.91% of its industry peers.
The Debt to FCF ratio of ZTO is 1.13, which is an excellent value as it means it would take ZTO, only 1.13 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 1.13, ZTO belongs to the best of the industry, outperforming 95.65% of the companies in the same industry.
ZTO has a Debt/Equity ratio of 0.18. This is a healthy value indicating a solid balance between debt and equity.
ZTO has a Debt to Equity ratio (0.18) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 1.13 | ||
| Altman-Z | 4.41 |
ROIC/WACC2.35
WACC4.61%
2.3 Liquidity
A Current Ratio of 1.38 indicates that ZTO should not have too much problems paying its short term obligations.
ZTO's Current ratio of 1.38 is on the low side compared to the rest of the industry. ZTO is outperformed by 60.87% of its industry peers.
ZTO has a Quick Ratio of 1.38. This is a normal value and indicates that ZTO is financially healthy and should not expect problems in meeting its short term obligations.
ZTO's Quick ratio of 1.38 is in line compared to the rest of the industry. ZTO outperforms 43.48% of its industry peers.
ZTO does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.38 | ||
| Quick Ratio | 1.38 |
3. Growth
3.1 Past
The earnings per share for ZTO have decreased by -6.97% in the last year.
The Earnings Per Share has been growing slightly by 7.77% on average over the past years.
ZTO shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 13.17%.
ZTO shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.90% yearly.
EPS 1Y (TTM)-6.97%
EPS 3Y24.74%
EPS 5Y7.77%
EPS Q2Q%6.9%
Revenue 1Y (TTM)13.17%
Revenue growth 3Y13.35%
Revenue growth 5Y14.9%
Sales Q2Q%11.14%
3.2 Future
The Earnings Per Share is expected to grow by 6.86% on average over the next years.
ZTO is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.01% yearly.
EPS Next Y-4.36%
EPS Next 2Y3.99%
EPS Next 3Y6.85%
EPS Next 5Y6.86%
Revenue Next Year13.07%
Revenue Next 2Y12.22%
Revenue Next 3Y11.47%
Revenue Next 5Y9.01%
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 stable.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 13.48 indicates a correct valuation of ZTO.
Compared to the rest of the industry, the Price/Earnings ratio of ZTO indicates a rather cheap valuation: ZTO is cheaper than 86.96% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.92. ZTO is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 11.38, the valuation of ZTO can be described as reasonable.
ZTO's Price/Forward Earnings ratio is rather cheap when compared to the industry. ZTO is cheaper than 95.65% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.57. ZTO is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.48 | ||
| Fwd PE | 11.38 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ZTO indicates a rather cheap valuation: ZTO is cheaper than 95.65% of the companies listed in the same industry.
ZTO's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ZTO is cheaper than 95.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.38 | ||
| EV/EBITDA | 5.6 |
4.3 Compensation for Growth
The excellent profitability rating of ZTO may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.74
EPS Next 2Y3.99%
EPS Next 3Y6.85%
5. Dividend
5.1 Amount
ZTO has a Yearly Dividend Yield of 3.12%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.18, ZTO pays a better dividend. On top of this ZTO pays more dividend than 91.30% of the companies listed in the same industry.
ZTO's Dividend Yield is rather good when compared to the S&P500 average which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.12% |
5.2 History
ZTO has been paying a dividend for over 5 years, so it has already some track record.
ZTO has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years3
5.3 Sustainability
DPN/A
EPS Next 2Y3.99%
EPS Next 3Y6.85%
NYSE:ZTO (1/8/2026, 12:47:04 PM)
21.7
+0.37 (+1.73%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)
Earnings (Next)
Inst Owners16.23%
Inst Owner Change0%
Ins Owners0.24%
Ins Owner ChangeN/A
Market Cap17.17B
Revenue(TTM)47.51B
Net Income(TTM)8.84B
Analysts86.32
Price Target24.7 (13.82%)
Short Float %4.28%
Short Ratio11.37
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.12% |
Yearly Dividend1.04
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years2
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.73%
Min EPS beat(2)-19.32%
Max EPS beat(2)28.78%
EPS beat(4)1
Avg EPS beat(4)-5.07%
Min EPS beat(4)-19.32%
Max EPS beat(4)28.78%
EPS beat(8)3
Avg EPS beat(8)-2.21%
EPS beat(12)6
Avg EPS beat(12)1.06%
EPS beat(16)8
Avg EPS beat(16)5%
Revenue beat(2)0
Avg Revenue beat(2)-2.62%
Min Revenue beat(2)-3.81%
Max Revenue beat(2)-1.42%
Revenue beat(4)1
Avg Revenue beat(4)-3.13%
Min Revenue beat(4)-12.95%
Max Revenue beat(4)5.66%
Revenue beat(8)3
Avg Revenue beat(8)-1.69%
Revenue beat(12)3
Avg Revenue beat(12)-2.99%
Revenue beat(16)5
Avg Revenue beat(16)-1.19%
PT rev (1m)-3.24%
PT rev (3m)-3.31%
EPS NQ rev (1m)0%
EPS NQ rev (3m)5.31%
EPS NY rev (1m)0%
EPS NY rev (3m)4.59%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.57%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.48 | ||
| Fwd PE | 11.38 | ||
| P/S | 2.53 | ||
| P/FCF | 11.38 | ||
| P/OCF | 11.38 | ||
| P/B | 1.85 | ||
| P/tB | 2.21 | ||
| EV/EBITDA | 5.6 |
EPS(TTM)1.61
EY7.42%
EPS(NY)1.91
Fwd EY8.79%
FCF(TTM)1.91
FCFY8.79%
OCF(TTM)1.91
OCFY8.79%
SpS8.59
BVpS11.7
TBVpS9.81
PEG (NY)N/A
PEG (5Y)1.74
Graham Number20.59
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.76% | ||
| ROE | 13.66% | ||
| ROCE | 16.16% | ||
| ROIC | 10.83% | ||
| ROICexc | 16.01% | ||
| ROICexgc | 19.96% | ||
| OM | 22.6% | ||
| PM (TTM) | 18.6% | ||
| GM | 25.99% | ||
| FCFM | 22.2% |
ROA(3y)9.37%
ROA(5y)8.59%
ROE(3y)13.81%
ROE(5y)12%
ROIC(3y)10.66%
ROIC(5y)9.47%
ROICexc(3y)14.74%
ROICexc(5y)13.19%
ROICexgc(3y)18.24%
ROICexgc(5y)16.71%
ROCE(3y)15.17%
ROCE(5y)13.22%
ROICexgc growth 3Y17.92%
ROICexgc growth 5Y-3.25%
ROICexc growth 3Y19.54%
ROICexc growth 5Y-0.78%
OM growth 3Y13.76%
OM growth 5Y1.52%
PM growth 3Y8.39%
PM growth 5Y-4.95%
GM growth 3Y12.65%
GM growth 5Y0.68%
F-Score6
Asset Turnover0.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 1.13 | ||
| Debt/EBITDA | 0.87 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 76.65% | ||
| Profit Quality | 119.35% | ||
| Current Ratio | 1.38 | ||
| Quick Ratio | 1.38 | ||
| Altman-Z | 4.41 |
F-Score6
WACC4.61%
ROIC/WACC2.35
Cap/Depr(3y)234.92%
Cap/Depr(5y)324.98%
Cap/Sales(3y)17.21%
Cap/Sales(5y)23.77%
Profit Quality(3y)66.3%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-6.97%
EPS 3Y24.74%
EPS 5Y7.77%
EPS Q2Q%6.9%
EPS Next Y-4.36%
EPS Next 2Y3.99%
EPS Next 3Y6.85%
EPS Next 5Y6.86%
Revenue 1Y (TTM)13.17%
Revenue growth 3Y13.35%
Revenue growth 5Y14.9%
Sales Q2Q%11.14%
Revenue Next Year13.07%
Revenue Next 2Y12.22%
Revenue Next 3Y11.47%
Revenue Next 5Y9.01%
EBIT growth 1Y-3.07%
EBIT growth 3Y28.95%
EBIT growth 5Y16.65%
EBIT Next Year25.35%
EBIT Next 3Y15.83%
EBIT Next 5Y13.21%
FCF growth 1Y-20.13%
FCF growth 3YN/A
FCF growth 5Y38.67%
OCF growth 1Y-20.13%
OCF growth 3Y16.54%
OCF growth 5Y12.64%
ZTO EXPRESS CAYMAN INC-ADR / ZTO FAQ
What is the ChartMill fundamental rating of ZTO EXPRESS CAYMAN INC-ADR (ZTO) stock?
ChartMill assigns a fundamental rating of 7 / 10 to ZTO.
What is the valuation status for ZTO stock?
ChartMill assigns a valuation rating of 7 / 10 to ZTO EXPRESS CAYMAN INC-ADR (ZTO). This can be considered as Undervalued.
Can you provide the profitability details for ZTO EXPRESS CAYMAN INC-ADR?
ZTO EXPRESS CAYMAN INC-ADR (ZTO) has a profitability rating of 8 / 10.
Can you provide the PE and PB ratios for ZTO stock?
The Price/Earnings (PE) ratio for ZTO EXPRESS CAYMAN INC-ADR (ZTO) is 13.48 and the Price/Book (PB) ratio is 1.85.