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ZTO Express (Cayman) Inc.NYSE:ZTO Stock Report

Market Cap US$19.2b
Share Price
US$24.94
US$31
19.5% undervalued intrinsic discount
1Y33.0%
7D0.5%
Portfolio Value
​
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ZTO Express (Cayman) Inc.

NYSE:ZTO Stock Report

Market Cap: US$19.2b

ZTO Express (Cayman) (ZTO) Stock Overview

Provides express delivery and other value-added logistics services in the People's Republic of China. More details

ZTO fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance3/6
Financial Health5/6
Dividends3/6

Rewards

Trading at 41.8% below our estimate of its fair value

Earnings are forecast to grow 10.06% per year

Earnings grew by 3% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Unstable dividend track record


ZTO Community Fair Values

Create Narrative

See what 30 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

View all narratives

ZTO Express (Cayman) Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for ZTO Express (Cayman)
Historical stock prices
Current Share PriceUS$24.94
52 Week HighUS$26.20
52 Week LowUS$16.68
Beta-0.16
1 Month Change3.74%
3 Month Change10.84%
1 Year Change33.01%
3 Year Change-13.22%
5 Year Change-17.36%
Change since IPO50.51%

Recent News & Updates

ZTO Express: A 'Buy' On Earnings Beat And Appealing Yield (Rating Upgrade)

Mar 19

Recent updates

ZTO Express: A 'Buy' On Earnings Beat And Appealing Yield (Rating Upgrade)

Mar 19

These 4 Measures Indicate That ZTO Express (Cayman) (NYSE:ZTO) Is Using Debt Reasonably Well

Jan 07
These 4 Measures Indicate That ZTO Express (Cayman) (NYSE:ZTO) Is Using Debt Reasonably Well

Here's Why ZTO Express (Cayman) (NYSE:ZTO) Can Manage Its Debt Responsibly

Sep 27
Here's Why ZTO Express (Cayman) (NYSE:ZTO) Can Manage Its Debt Responsibly

Earnings Miss: ZTO Express (Cayman) Inc. Missed EPS By 17% And Analysts Are Revising Their Forecasts

Aug 22
Earnings Miss: ZTO Express (Cayman) Inc. Missed EPS By 17% And Analysts Are Revising Their Forecasts

ZTO Express (Cayman) Inc.'s (NYSE:ZTO) Low P/E No Reason For Excitement

Jul 07
ZTO Express (Cayman) Inc.'s (NYSE:ZTO) Low P/E No Reason For Excitement

Investors Will Want ZTO Express (Cayman)'s (NYSE:ZTO) Growth In ROCE To Persist

Jun 19
Investors Will Want ZTO Express (Cayman)'s (NYSE:ZTO) Growth In ROCE To Persist

We Think ZTO Express (Cayman) (NYSE:ZTO) Can Stay On Top Of Its Debt

May 14
We Think ZTO Express (Cayman) (NYSE:ZTO) Can Stay On Top Of Its Debt

ZTO Express: Still Lack Of Strategic Clarity - Maintain 'Hold'

Mar 25
User avatar

Decisive Innovations In E-commerce Partnerships And IT Systems To Fuel Logistics Growth

Strategic partnerships and service differentiation efforts aim to boost parcel volume, enhance pricing power, and drive revenue growth.

ZTO Express: Expect An Extended Price War, Downgrade To Hold

Nov 22

ZTO Express: A Mix Of Positives And Negatives

Nov 06

ZTO Express: Expecting Accelerating Volume Growth In H2

Aug 22

ZTO Express: Still Undervalued Despite Unexpected Market Share Loss

Jun 12

ZTO Express: Getting Better And Cheaper

Mar 25

ZTO Express: Expecting In-Line Fourth Quarter Results

Feb 19

ZTO Momentum Slows In Third Quarter As Headwinds Build

Nov 28

ZTO Express: Best-In-Class And Trading At Significant Discount

Nov 20

Shareholder Returns

ZTOUS LogisticsUS Market
7D0.5%3.8%4.4%
1Y33.0%36.8%31.9%

Return vs Industry: ZTO matched the US Logistics industry which returned 33.7% over the past year.

Return vs Market: ZTO exceeded the US Market which returned 29% over the past year.

Price Volatility

Is ZTO's price volatile compared to industry and market?
ZTO volatility
ZTO Average Weekly Movement4.1%
Logistics Industry Average Movement9.4%
Market Average Movement7.1%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.3%

Stable Share Price: ZTO has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: ZTO's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200223,913Meisong Laiwww.zto.com

ZTO Express (Cayman) Inc. provides express delivery and other value-added logistics services in the People's Republic of China. It offers freight forwarding services; and delivery services for e-commerce merchants and traditional merchants, and other express service users. The company was founded in 2002 and is headquartered in Shanghai, the People's Republic of China.

ZTO Express (Cayman) Inc. Fundamentals Summary

How do ZTO Express (Cayman)'s earnings and revenue compare to its market cap?
ZTO fundamental statistics
Market capUS$19.17b
Earnings (TTM)US$1.33b
Revenue (TTM)US$7.20b
14.3x
P/E Ratio
2.6x
P/S Ratio

Is ZTO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ZTO income statement (TTM)
RevenueCN¥49.10b
Cost of RevenueCN¥36.83b
Gross ProfitCN¥12.27b
Other ExpensesCN¥3.19b
EarningsCN¥9.08b

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)11.89
Gross Margin24.99%
Net Profit Margin18.49%
Debt/Equity Ratio16.5%

How did ZTO perform over the long term?

See historical performance and comparison

Dividends

2.8%
Current Dividend Yield
42%
Payout Ratio

Does ZTO pay a reliable dividends?

See ZTO dividend history and benchmarks
When do you need to buy ZTO by to receive an upcoming dividend?
ZTO Express (Cayman) dividend dates
Ex Dividend DateApr 08 2026
Dividend Pay DateApr 29 2026
Days until Ex dividend8 days
Days until Dividend pay date13 days

Does ZTO pay a reliable dividends?

See ZTO dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/14 19:23
End of Day Share Price 2026/04/14 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

ZTO Express (Cayman) Inc. is covered by 32 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Cherry LeungBernstein
Fan TsoBofA Global Research
Y. ChenCCB International Securities Limited