ZALO Stock Overview

Provides full-service outsourced personnel and payroll services. More details

ZALO fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	4/6
Past Performance	2/6
Financial Health	3/6
Dividends	0/6

Rewards

Trading at 17.1% below our estimate of its fair value

Earnings are forecast to grow 45.81% per year

Became profitable this year

Risk Analysis

Shares are highly illiquid

Interest payments are not well covered by earnings

Large one-off items impacting financial results

My Notes

Capture your thoughts, links and company narrative

Zalaris ASA Competitors

Robert Walters

LSE:RWA

UK£213.5m

SThree

LSE:STEM

UK£382.3m

Gattaca

AIM:GATC

UK£26.3m

Learning Technologies Group

AIM:LTG

UK£776.9m

Price History & Performance

Summary of share price highs, lows and changes for Zalaris
Historical stock prices
Current Share Price	NOK 71.20
52 Week High	NOK 0
52 Week Low	NOK 0
Beta	1.08
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	202.98%
Change since IPO	134.98%

Recent updates

Shareholder Returns

	ZALO	GB Professional Services	GB Market
7D	0%	0.3%	0.8%
1Y	n/a	12.3%	4.4%

Return vs Industry: Insufficient data to determine how ZALO performed against the UK Professional Services industry.

Return vs Market: Insufficient data to determine how ZALO performed against the UK Market.

Price Volatility

Is ZALO's price volatile compared to industry and market?
ZALO volatility
ZALO Average Weekly Movement	n/a
Professional Services Industry Average Movement	4.4%
Market Average Movement	4.7%
10% most volatile stocks in GB Market	10.6%
10% least volatile stocks in GB Market	2.5%

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

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

About the Company

Founded	Employees	CEO	Website
2000	1,007	Hans-Petter Mellerud	www.zalaris.com

Zalaris ASA provides full-service outsourced personnel and payroll services. It operates in two segments, Managed Services and Professional Services. The company offers a range of payroll and human resource (HR) outsourcing services, including payroll processing, time and attendance, and travel expenses, as well as cloud-based HR functionality services comprising talent management, digital personnel archive, HR analytics, mobile solutions, etc. It also engages in the implementation of SAP HCM, and Payroll and SuccessFactors; and provides consulting services.

Zalaris ASA Fundamentals Summary

How do Zalaris's earnings and revenue compare to its market cap?
ZALO fundamental statistics
Market cap	NOK 1.68b
Earnings (TTM)	NOK 35.59m
Revenue (TTM)	NOK 1.19b

47.3x

P/E Ratio

1.4x

P/S Ratio

Is ZALO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ZALO income statement (TTM)
Revenue	NOK 1.19b
Cost of Revenue	NOK 666.57m
Gross Profit	NOK 522.15m
Other Expenses	NOK 486.56m
Earnings	NOK 35.59m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 22, 2024

Earnings per share (EPS)	1.64
Gross Margin	43.93%
Net Profit Margin	2.99%
Debt/Equity Ratio	200.1%

How did ZALO perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/07/10 01:51
End of Day Share Price	2024/04/12 00:00
Earnings	2024/03/31
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

Zalaris ASA is covered by 4 analysts. 1 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
Aksel Øverland Engebakken	ABG Sundal Collier
Erik Hjulström	Beringer Finance AB
Milo Bussell	Edison Investment Research

Zalaris BATS-CHIXE:ZALO Stock Report