Zenitel NV provides communication and security solutions in Belgium and internationally.
Flawless balance sheet and undervalued.
Share Price & News
How has Zenitel's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SSJA's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SSJA exceeded the German Communications industry which returned -35.6% over the past year.
Return vs Market: SSJA exceeded the German Market which returned -14.1% over the past year.
Price Volatility Vs. Market
How volatile is Zenitel's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Zenitel undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SSJA (€12.9) is trading below our estimate of fair value (€18.03)
Significantly Below Fair Value: SSJA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SSJA is good value based on its PE Ratio (15.2x) compared to the Communications industry average (15.3x).
PE vs Market: SSJA is good value based on its PE Ratio (15.2x) compared to the German market (16.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SSJA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SSJA is good value based on its PB Ratio (1.4x) compared to the DE Communications industry average (2.5x).
How is Zenitel forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Tech industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Zenitel has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether Zenitel is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Zenitel competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
How has Zenitel performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SSJA has high quality earnings.
Growing Profit Margin: SSJA's current net profit margins (4%) are lower than last year (4.3%).
Past Earnings Growth Analysis
Earnings Trend: SSJA's earnings have grown by 9.7% per year over the past 5 years.
Accelerating Growth: SSJA's earnings growth over the past year (13.9%) exceeds its 5-year average (9.7% per year).
Earnings vs Industry: SSJA earnings growth over the past year (13.9%) underperformed the Communications industry 21.9%.
Return on Equity
High ROE: SSJA's Return on Equity (9.3%) is considered low.
How is Zenitel's financial position?
Financial Position Analysis
Short Term Liabilities: SSJA's short term assets (€49.6M) exceed its short term liabilities (€24.2M).
Long Term Liabilities: SSJA's short term assets (€49.6M) exceed its long term liabilities (€2.4M).
Debt to Equity History and Analysis
Debt Level: SSJA's debt to equity ratio (7.1%) is considered satisfactory.
Reducing Debt: SSJA's debt to equity ratio has reduced from 9.6% to 7.1% over the past 5 years.
Debt Coverage: SSJA's debt is well covered by operating cash flow (152.9%).
Interest Coverage: SSJA's interest payments on its debt are well covered by EBIT (13.2x coverage).
Inventory Level: SSJA has a high level of physical assets or inventory.
Debt Coverage by Assets: SSJA's debt is covered by short term assets (assets are 21.5x debt).
What is Zenitel's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SSJA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate SSJA's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SSJA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SSJA'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 SSJA's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Koen Claerbout serves as Chief Executive Officer, Managing Director and Board of Directors at Zenitel NV since 2019. Mr. Claerbout served as Non-Executive Director at Zenitel NV until 2019.Mr. Claerbou ...
|CEO, MD & Director||1.17yrs||no data||no data|
|Independent Non Executive Director||7.92yrs||no data||no data|
|Independent Non-executive Chairman||no data||no data||no data|
|Non- Executive Director||no data||no data||no data|
|Independent Non Executive Director||no data||no data||no data|
|Non-Executive Director||0.92yr||no data||no data|
|Non-executive Director||3.17yrs||no data||no data|
Experienced Board: SSJA's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Zenitel NV's company bio, employee growth, exchange listings and data sources
- Name: Zenitel NV
- Ticker: SSJA
- Exchange: BST
- Founded: 1901
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: €46.021m
- Shares outstanding: 3.31m
- Website: https://www.zenitel.com
Number of Employees
- Zenitel NV
- Z.1 Research Park Zellik 110
- Flemish Brabant
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ZENT||ENXTBR (Euronext Brussels)||Yes||Ordinary Shares||BE||EUR||Jan 1992|
|SSJA||BST (Boerse-Stuttgart)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|ZENT||ENXTBR (Euronext Brussels)||NPV(POST SPLIT)||BE||EUR||May 2017|
Zenitel NV provides communication and security solutions in Belgium and internationally. It provides solutions and systems for the offshore and onshore communications markets, including building security and public safety, transportation, industrial, oil and gas, and maritime primarily under the Vingtor-Stentofon and Phontech brand names. The company offers public address systems, such as central equipment, access panels, loudspeakers, beacons and signal units, network equipment, volume controllers, and accessories; and intercom systems, including talk-back, IP and analog intercom server, integrated maritime communication, serverless IP intercom, exchangeless intercom, batterly less telephone, and bi-way - counter intercom systems. It also provides two-way radio systems; entertainment products comprising IPTV systems, background music and information systems, and COAX TVs; sound reception systems; and LAN, CCTV, and master clock solutions, as well as spare parts. The company was founded in 1901 and is headquartered in Zellik, Belgium.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/27 21:29|
|End of Day Share Price||2020/03/26 00:00|
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.