ZIGNAGO VETRO SPA (ZV.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:ZV - IT0004171440 - Common Stock
7.81 EUR
-0.05 (-0.64%)
Taking everything into account, ZV scores 5 out of 10 in our fundamental rating. ZV was compared to 13 industry peers in the Containers & Packaging industry. ZV scores excellent on profitability, but 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.
- In the past 5 years ZV has always been profitable.
- Each year in the past 5 years ZV had a positive operating cash flow.
1.2 Ratios
- With an excellent Return On Assets value of 5.56%, ZV belongs to the best of the industry, outperforming 92.31% of the companies in the same industry.
- ZV has a better Return On Equity (12.21%) than 84.62% of its industry peers.
- ZV's Return On Invested Capital of 5.22% is fine compared to the rest of the industry. ZV outperforms 61.54% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for ZV is above the industry average of 6.42%.
- The 3 year average ROIC (10.09%) for ZV is well above the current ROIC(5.22%). The reason for the recent decline needs to be investigated.
| 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 76.92% of its industry peers.
- ZV's Profit Margin has declined in the last couple of years.
- Looking at the Operating Margin, with a value of 4.84%, ZV is in line with its industry, outperforming 46.15% of the companies in the same industry.
- In the last couple of years the Operating Margin of ZV has declined.
- ZV's Gross Margin of 74.62% is amongst the best of the industry. ZV outperforms 100.00% of its industry peers.
- ZV's Gross Margin has been stable in the last couple of years.
| 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
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ZV is still 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
- Compared to 1 year ago, ZV has a worse debt to assets ratio.
2.2 Solvency
- ZV has an Altman-Z score of 2.85. 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 better Altman-Z score (2.85) than 69.23% 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.
- Looking at the Debt to FCF ratio, with a value of 3.30, ZV belongs to the top of the industry, outperforming 84.62% of the companies in the same industry.
- ZV has a Debt/Equity ratio of 0.54. This is a neutral value indicating ZV is somewhat dependend on debt financing.
- The Debt to Equity ratio of ZV (0.54) is better than 69.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.54 | ||
| Debt/FCF | 3.3 | ||
| Altman-Z | 2.85 |
ROIC/WACC0.57
WACC9.12%
2.3 Liquidity
- A Current Ratio of 1.48 indicates that ZV should not have too much problems paying its short term obligations.
- ZV's Current ratio of 1.48 is fine compared to the rest of the industry. ZV outperforms 61.54% 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.
- ZV has a better Quick ratio (0.87) than 76.92% of its industry peers.
| 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.
- Looking at the last year, ZV shows a decrease in Revenue. The Revenue has decreased by -7.32% in the last 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
- The Earnings Per Share is expected to grow by 3.68% on average over the next years.
- The Revenue is expected to grow by 0.64% on average over the next years.
EPS Next Y-55.27%
EPS Next 2Y-10.83%
EPS Next 3Y3.68%
EPS Next 5YN/A
Revenue Next Year-6.04%
Revenue Next 2Y-1.18%
Revenue Next 3Y0.64%
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
- A Price/Earnings ratio of 16.62 indicates a correct valuation of ZV.
- Based on the Price/Earnings ratio, ZV is valued a bit cheaper than the industry average as 69.23% of the companies are valued more expensively.
- ZV is valuated rather cheaply when we compare the Price/Earnings ratio to 27.38, which is the current average of the S&P500 Index.
- ZV is valuated rather expensively with a Price/Forward Earnings ratio of 17.23.
- 61.54% of the companies in the same industry are more expensive than ZV, based on the Price/Forward Earnings ratio.
- ZV's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.29.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.62 | ||
| Fwd PE | 17.23 |
4.2 Price Multiples
- 61.54% of the companies in the same industry are cheaper than ZV, based on the Enterprise Value to EBITDA ratio.
- Based on the Price/Free Cash Flow ratio, ZV is valued cheaper than 92.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.57 | ||
| EV/EBITDA | 9.97 |
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 2Y-10.83%
EPS Next 3Y3.68%
5. Dividend
5.1 Amount
- ZV has a Yearly Dividend Yield of 5.73%, which is a nice return.
- ZV's Dividend Yield is rather good when compared to the industry average which is at 2.76. ZV pays more dividend than 92.31% of the companies in the same industry.
- ZV's Dividend Yield is rather good when compared to the S&P500 average which is at 1.84.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.73% |
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.
- ZV's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP95.71%
EPS Next 2Y-10.83%
EPS Next 3Y3.68%
BIT:ZV (1/20/2026, 5:29:45 PM)
7.81
-0.05 (-0.64%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryContainers & Packaging
Earnings (Last)11-06 2025-11-06
Earnings (Next)03-12 2026-03-12
Inst Owners9.42%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap697.59M
Revenue(TTM)664.22M
Net Income(TTM)41.50M
Analysts45.45
Price Target9.1 (16.52%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.73% |
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)-7.27%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-27.21%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.62 | ||
| Fwd PE | 17.23 | ||
| P/S | 1.05 | ||
| P/FCF | 8.57 | ||
| P/OCF | 5.89 | ||
| P/B | 2.05 | ||
| P/tB | 2.08 | ||
| EV/EBITDA | 9.97 |
EPS(TTM)0.47
EY6.02%
EPS(NY)0.45
Fwd EY5.8%
FCF(TTM)0.91
FCFY11.67%
OCF(TTM)1.33
OCFY16.97%
SpS7.44
BVpS3.8
TBVpS3.76
PEG (NY)N/A
PEG (5Y)N/A
Graham Number6.34
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%
ROICexgc growth 3Y-18.09%
ROICexgc 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 | 2.85 |
F-Score5
WACC9.12%
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-55.27%
EPS Next 2Y-10.83%
EPS Next 3Y3.68%
EPS Next 5YN/A
Revenue 1Y (TTM)-7.32%
Revenue growth 3Y7.84%
Revenue growth 5Y7.02%
Sales Q2Q%-6.2%
Revenue Next Year-6.04%
Revenue Next 2Y-1.18%
Revenue Next 3Y0.64%
Revenue Next 5YN/A
EBIT growth 1Y-68.43%
EBIT growth 3Y-7.43%
EBIT growth 5Y-2.76%
EBIT Next Year43.83%
EBIT Next 3Y25.8%
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%
ZIGNAGO VETRO SPA / ZV.MI FAQ
What is the ChartMill fundamental rating of ZIGNAGO VETRO SPA (ZV.MI) stock?
ChartMill assigns a fundamental rating of 5 / 10 to ZV.MI.
Can you provide the valuation status for ZIGNAGO VETRO SPA?
ChartMill assigns a valuation rating of 5 / 10 to ZIGNAGO VETRO SPA (ZV.MI). This can be considered as Fairly Valued.
How profitable is ZIGNAGO VETRO SPA (ZV.MI) stock?
ZIGNAGO VETRO SPA (ZV.MI) has a profitability rating of 7 / 10.
What is the valuation of ZIGNAGO VETRO SPA based on its PE and PB ratios?
The Price/Earnings (PE) ratio for ZIGNAGO VETRO SPA (ZV.MI) is 16.62 and the Price/Book (PB) ratio is 2.05.
Is the dividend of ZIGNAGO VETRO SPA sustainable?
The dividend rating of ZIGNAGO VETRO SPA (ZV.MI) is 6 / 10 and the dividend payout ratio is 95.71%.