23Z Stock Overview

Manufactures, distributes, and sells polyolefin block foams in the United Kingdom, rest of Europe, North America, and internationally. More details

23Z fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	3/6
Past Performance	2/6
Financial Health	5/6
Dividends	3/6

Rewards

Trading at 42.6% below our estimate of its fair value

Earnings are forecast to grow 19.31% per year

Risk Analysis

Shares are highly illiquid

Dividend of 1.84% is not well covered by cash flows

My Notes

Capture your thoughts, links and company narrative

Zotefoams plc Competitors

SIMONA

DB:SIM0

€339.0m

Fuchs

XTRA:FPE3

€4.8b

Uzin Utz

XTRA:UZU

€245.2m

H&R GmbH KGaA

XTRA:2HRA

€122.1m

Price History & Performance

Summary of share price highs, lows and changes for Zotefoams
Historical stock prices
Current Share Price	UK£4.02
52 Week High	UK£5.15
52 Week Low	UK£3.90
Beta	1.23
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	-15.55%
5 Year Change	-37.96%
Change since IPO	19.29%

Recent updates

Shareholder Returns

	23Z	DE Chemicals	DE Market
7D	0%	-2.4%	-2.0%
1Y	n/a	-8.9%	6.8%

Return vs Industry: Insufficient data to determine how 23Z performed against the German Chemicals industry.

Return vs Market: Insufficient data to determine how 23Z performed against the German Market.

Price Volatility

Is 23Z's price volatile compared to industry and market?
23Z volatility
23Z Average Weekly Movement	n/a
Chemicals Industry Average Movement	3.9%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	11.4%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: 23Z has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine 23Z's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1921	580	David Stirling	www.zotefoams.com

Zotefoams plc, together with its subsidiaries, manufactures, distributes, and sells polyolefin block foams in the United Kingdom, Europe, North America, and internationally. It offers AZOTE, a polyolefin foam under the Plastazote, Evazote, and Supazote, AZOTE Adapt brands; and various high-performance foams manufactured from fluoropolymers, engineering polymers, and specialty elastomers under the ZOTEK brand; Ecozote foam that offers circularity and reduce reliance on fossil fuel-derived raw materials. The company also provides T-FIT, a clean insulation system that is used in the pharmaceutical, biotech, and semiconductor cleanroom industries; and ReZorce circular packaging, a range of mono-material barrier packaging.

Zotefoams plc Fundamentals Summary

How do Zotefoams's earnings and revenue compare to its market cap?
23Z fundamental statistics
Market cap	€221.79m
Earnings (TTM)	€10.79m
Revenue (TTM)	€148.20m

20.6x

P/E Ratio

1.5x

P/S Ratio

Is 23Z overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
23Z income statement (TTM)
Revenue	UK£126.98m
Cost of Revenue	UK£85.92m
Gross Profit	UK£41.06m
Other Expenses	UK£31.81m
Earnings	UK£9.24m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Aug 06, 2024

Earnings per share (EPS)	0.19
Gross Margin	32.33%
Net Profit Margin	7.28%
Debt/Equity Ratio	31.6%

How did 23Z perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

38%

Payout Ratio

Does 23Z pay a reliable dividends?

See 23Z dividend history and benchmarks

When do you need to buy 23Z by to receive an upcoming dividend?
Zotefoams dividend dates
Ex Dividend Date	May 02 2024
Dividend Pay Date	Jun 03 2024
Days until Ex dividend	237 days
Days until Dividend pay date	205 days

Does 23Z pay a reliable dividends?

See 23Z dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/04/03 02:44
End of Day Share Price	2024/01/05 00:00
Earnings	2023/12/31
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 .

Analyst Sources

Zotefoams plc is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Andrew Simms	Arden Partners Plc.
Richard Hickinbotham	Cantor Fitzgerald Europe
Adrian Kearsey	Evolution Securities