MUN:ZPFK

Stock Analysis Report

Executive Summary

Zapf Creation AG, together with its subsidiaries, designs, develops, manufactures, and distributes play and functional dolls, and accessories worldwide.

Snowflake

Fundamentals

Flawless balance sheet and good value.

Share Price & News

How has Zapf Creation's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

3.9%

ZPFK

0.1%

DE Leisure

2.4%

DE Market


1 Year Return

3.9%

ZPFK

15.8%

DE Leisure

2.3%

DE Market


Shareholder returns

ZPFKIndustryMarket
7 Day3.9%0.1%2.4%
30 Day2.9%-2.3%-0.2%
90 Day6.5%-3.5%0.6%
1 Year3.9%3.9%18.3%15.8%5.5%2.3%
3 Year253.3%253.3%62.9%50.7%18.9%8.6%
5 Yearn/a120.8%96.7%44.8%25.1%

Price Volatility Vs. Market

How volatile is Zapf Creation's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Zapf Creation undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: ZPFK (€21.2) is trading below our estimate of fair value (€101.84)

Significantly Undervalued: ZPFK is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ZPFK is good value based on its PE Ratio (8.9x) compared to the Leisure industry average (17.7x).

PE vs Market: ZPFK is good value based on its PE Ratio (8.9x) compared to the German market (19.5x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate ZPFK's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ZPFK is overvalued based on its PB Ratio (3.3x) compared to the XE Leisure industry average (2x).


Next Steps

Future Growth

How is Zapf Creation forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.6%

Forecasted Consumer Durables industry annual growth in earnings


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if ZPFK's forecast earnings growth is above the savings rate (0.2%).

Earnings vs Market: Insufficient data to determine if ZPFK's earnings are forecast to grow faster than the German market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if ZPFK's revenue is forecast to grow faster than the German market.

High Growth Revenue: Insufficient data to determine if ZPFK's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Information is not available.


Next Steps

Past Performance

How has Zapf Creation performed over the past 5 years?

73.4%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: ZPFK has become profitable over the past 5 years, growing earnings by 0% per year.

Accelerating Growth: Insufficient data to compare ZPFK's past year earnings growth to its 5-year average.

Earnings vs Industry: ZPFK earnings growth over the past year (73.4%) exceeded the Leisure industry 11%.


Return on Equity

High ROE: ZPFK's Return on Equity (37%) is considered high.


Return on Assets

ROA vs Industry: ZPFK has a higher Return on Assets than the Leisure industry average last year.


Return on Capital Employed

ROCE Improving: ZPFK's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Zapf Creation's financial position?


Financial Position Analysis

Short Term Liabilities: ZPFK's short term assets (€52.0M) exceeds its short term liabilities (€22.0M)

Long Term Liabilities: ZPFK has no long term liabilities


Debt to Equity History and Analysis

Debt Level: ZPFK is debt free.

Reducing Debt: ZPFK has no debt compared to 5 years ago when its debt to equity ratio was 1191.7%.

Debt Coverage: ZPFK has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ZPFK has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Information is not available.

Information is not available.


Next Steps

Dividend

What is Zapf Creation's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.9%industryaverage3.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate ZPFK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate ZPFK's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if ZPFK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ZPFK's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ZPFK's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

What is the CEO of Zapf Creation's salary, the management and board of directors tenure and is there insider trading?


CEO

Zapf Creation has no CEO, or we have no data on them.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Thomas Eichhorn

    Head of Sales

    • Tenure: 7.9yrs
    • Compensation: €88.00k
  • Hannelore Schalast

    Head of Finance

    • Tenure: 0yrs

Board Members

  • Isaac Larian

    Vice President of Supervisory Board

    • Tenure: 0yrs
  • Jason Larian

    Member of Supervisory Board

    • Tenure: 4.6yrs
  • Paul-Stefan Freiling

    President of the Supervisory Board

    • Tenure: 4.6yrs

Company Information

Zapf Creation AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Zapf Creation AG
  • Ticker: ZPFK
  • Exchange: MUN
  • Founded: 1932
  • Industry: Leisure Products
  • Sector: Consumer Durables
  • Market Cap: €136.357m
  • Shares outstanding: 6.43m
  • Website: https://www.zapf-creation.com

Number of Employees


Location

  • Zapf Creation AG
  • Mönchrödener Street 13
  • Rödental
  • Bavaria
  • 96472
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ZPFMUN (Boerse Muenchen)SHSDEEURNo data
ZPFKMUN (Boerse Muenchen)YesBearer SharesDEEURApr 1999

Biography

Zapf Creation AG, together with its subsidiaries, designs, develops, manufactures, and distributes play and functional dolls, and accessories worldwide. The company primarily sells its products to girls ag ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/03/21 21:35
End of Day Share Price2019/03/20 00:00
Earnings2017/12/31
Annual Earnings2017/12/31


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 here.