ZIGNAGO VETRO SPA (ZV.MI) Stock Fundamental Analysis
Europe - BIT:ZV - IT0004171440 - Common Stock
7.74 EUR
+0.06 (+0.78%)
Taking everything into account, ZV scores 5 out of 10 in our fundamental rating. ZV was compared to 15 industry peers in the Containers & Packaging industry. While ZV has a great profitability rating, there are some minor concerns on its financial health. ZV has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
ZV had positive earnings in the past year.
In the past year ZV had a positive cash flow from operations.
ZV had positive earnings in each of the past 5 years.
ZV had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 5.56%, ZV is doing good in the industry, outperforming 80.00% of the companies in the same industry.
The Return On Equity of ZV (12.21%) is better than 80.00% of its industry peers.
The Return On Invested Capital of ZV (5.22%) is better than 66.67% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ZV is above the industry average of 5.92%.
The last Return On Invested Capital (5.22%) for ZV is well below the 3 year average (10.09%), which needs to be investigated, but indicates that ZV had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.56% | ||
| ROE | 12.21% | ||
| ROIC | 5.22% |
ROA(3y)10.93%
ROA(5y)9.9%
ROE(3y)24.24%
ROE(5y)23.11%
ROIC(3y)10.09%
ROIC(5y)9.22%
1.3 Margins
ZV's Profit Margin of 6.25% is fine compared to the rest of the industry. ZV outperforms 73.33% of its industry peers.
In the last couple of years the Profit Margin of ZV has declined.
ZV has a Operating Margin (4.84%) which is comparable to the rest of the industry.
ZV's Operating Margin has declined in the last couple of years.
The Gross Margin of ZV (74.62%) is better than 100.00% of its industry peers.
In the last couple of years the Gross Margin of ZV has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.84% | ||
| PM (TTM) | 6.25% | ||
| GM | 74.62% |
OM growth 3Y-14.16%
OM growth 5Y-9.14%
PM growth 3Y-11.67%
PM growth 5Y-6.98%
GM growth 3Y-0.37%
GM growth 5Y-1.2%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ZV is creating some value.
The number of shares outstanding for ZV has been reduced compared to 1 year ago.
Compared to 5 years ago, ZV has more shares outstanding
ZV has a worse debt/assets ratio than last year.
2.2 Solvency
ZV has an Altman-Z score of 2.82. This is not the best score and indicates that ZV is in the grey zone with still only limited risk for bankruptcy at the moment.
ZV has a Altman-Z score of 2.82. This is in the better half of the industry: ZV outperforms 80.00% of its industry peers.
The Debt to FCF ratio of ZV is 3.30, which is a good value as it means it would take ZV, 3.30 years of fcf income to pay off all of its debts.
ZV's Debt to FCF ratio of 3.30 is amongst the best of the industry. ZV outperforms 86.67% of its industry peers.
A Debt/Equity ratio of 0.54 indicates that ZV is somewhat dependend on debt financing.
ZV has a Debt to Equity ratio (0.54) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.54 | ||
| Debt/FCF | 3.3 | ||
| Altman-Z | 2.82 |
ROIC/WACC0.57
WACC9.14%
2.3 Liquidity
ZV has a Current Ratio of 1.48. This is a normal value and indicates that ZV is financially healthy and should not expect problems in meeting its short term obligations.
ZV's Current ratio of 1.48 is fine compared to the rest of the industry. ZV outperforms 66.67% of its industry peers.
ZV has a Quick Ratio of 1.48. This is a bad value and indicates that ZV is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.87, ZV is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.48 | ||
| Quick Ratio | 0.87 |
3. Growth
3.1 Past
The earnings per share for ZV have decreased strongly by -61.01% in the last year.
Measured over the past years, ZV shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.62% on average per year.
The Revenue has decreased by -7.32% in the past year.
Measured over the past years, ZV shows a small growth in Revenue. The Revenue has been growing by 7.02% on average per year.
EPS 1Y (TTM)-61.01%
EPS 3Y-5.02%
EPS 5Y-0.62%
EPS Q2Q%-66.37%
Revenue 1Y (TTM)-7.32%
Revenue growth 3Y7.84%
Revenue growth 5Y7.02%
Sales Q2Q%-6.2%
3.2 Future
ZV is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.89% yearly.
ZV is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.02% yearly.
EPS Next Y-38.55%
EPS Next 2Y1.72%
EPS Next 3Y7.89%
EPS Next 5YN/A
Revenue Next Year-4.9%
Revenue Next 2Y-0.45%
Revenue Next 3Y1.02%
Revenue Next 5YN/A
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
ZV is valuated correctly with a Price/Earnings ratio of 16.47.
Compared to the rest of the industry, the Price/Earnings ratio of ZV indicates a somewhat cheap valuation: ZV is cheaper than 66.67% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of ZV to the average of the S&P500 Index (27.42), we can say ZV is valued slightly cheaper.
The Price/Forward Earnings ratio is 13.13, which indicates a correct valuation of ZV.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ZV is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 22.94. ZV is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.47 | ||
| Fwd PE | 13.13 |
4.2 Price Multiples
ZV's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, ZV is valued cheaper than 93.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.49 | ||
| EV/EBITDA | 9.79 |
4.3 Compensation for Growth
ZV has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y1.72%
EPS Next 3Y7.89%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.35%, ZV is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.57, ZV pays a better dividend. On top of this ZV pays more dividend than 86.67% of the companies listed in the same industry.
ZV's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.35% |
5.2 History
On average, the dividend of ZV grows each year by 15.85%, which is quite nice.
Dividend Growth(5Y)15.85%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
ZV pays out 95.71% of its income as dividend. This is not a sustainable payout ratio.
The dividend of ZV is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP95.71%
EPS Next 2Y1.72%
EPS Next 3Y7.89%
BIT:ZV (10/20/2025, 5:29:47 PM)
7.74
+0.06 (+0.78%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryContainers & Packaging
Earnings (Last)
Earnings (Next)
Inst Owners9.98%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap691.34M
Analysts78.33
Price Target9.82 (26.87%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.35% |
Yearly Dividend0.75
Dividend Growth(5Y)15.85%
DP95.71%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-9.2%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-48.74%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-5.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.47 | ||
| Fwd PE | 13.13 | ||
| P/S | 1.04 | ||
| P/FCF | 8.49 | ||
| P/OCF | 5.84 | ||
| P/B | 2.03 | ||
| P/tB | 2.06 | ||
| EV/EBITDA | 9.79 |
EPS(TTM)0.47
EY6.07%
EPS(NY)0.59
Fwd EY7.62%
FCF(TTM)0.91
FCFY11.78%
OCF(TTM)1.33
OCFY17.12%
SpS7.44
BVpS3.8
TBVpS3.76
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.56% | ||
| ROE | 12.21% | ||
| ROCE | 6.35% | ||
| ROIC | 5.22% | ||
| ROICexc | 6.11% | ||
| ROICexgc | 6.17% | ||
| OM | 4.84% | ||
| PM (TTM) | 6.25% | ||
| GM | 74.62% | ||
| FCFM | 12.26% |
ROA(3y)10.93%
ROA(5y)9.9%
ROE(3y)24.24%
ROE(5y)23.11%
ROIC(3y)10.09%
ROIC(5y)9.22%
ROICexc(3y)11.75%
ROICexc(5y)11.04%
ROICexgc(3y)11.87%
ROICexgc(5y)11.17%
ROCE(3y)11.77%
ROCE(5y)10.71%
ROICexcg growth 3Y-18.09%
ROICexcg growth 5Y-11.86%
ROICexc growth 3Y-17.92%
ROICexc growth 5Y-11.72%
OM growth 3Y-14.16%
OM growth 5Y-9.14%
PM growth 3Y-11.67%
PM growth 5Y-6.98%
GM growth 3Y-0.37%
GM growth 5Y-1.2%
F-Score5
Asset Turnover0.89
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.54 | ||
| Debt/FCF | 3.3 | ||
| Debt/EBITDA | 2.14 | ||
| Cap/Depr | 68.49% | ||
| Cap/Sales | 5.56% | ||
| Interest Coverage | 3.29 | ||
| Cash Conversion | 137.51% | ||
| Profit Quality | 196.24% | ||
| Current Ratio | 1.48 | ||
| Quick Ratio | 0.87 | ||
| Altman-Z | 2.82 |
F-Score5
WACC9.14%
ROIC/WACC0.57
Cap/Depr(3y)101.53%
Cap/Depr(5y)111.72%
Cap/Sales(3y)11.04%
Cap/Sales(5y)12.98%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-61.01%
EPS 3Y-5.02%
EPS 5Y-0.62%
EPS Q2Q%-66.37%
EPS Next Y-38.55%
EPS Next 2Y1.72%
EPS Next 3Y7.89%
EPS Next 5YN/A
Revenue 1Y (TTM)-7.32%
Revenue growth 3Y7.84%
Revenue growth 5Y7.02%
Sales Q2Q%-6.2%
Revenue Next Year-4.9%
Revenue Next 2Y-0.45%
Revenue Next 3Y1.02%
Revenue Next 5YN/A
EBIT growth 1Y-68.43%
EBIT growth 3Y-7.43%
EBIT growth 5Y-2.76%
EBIT Next Year53.5%
EBIT Next 3Y30.73%
EBIT Next 5YN/A
FCF growth 1Y5.19%
FCF growth 3Y28.3%
FCF growth 5Y99.96%
OCF growth 1Y1.73%
OCF growth 3Y2.14%
OCF growth 5Y10.82%