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ZTF

ZotefoamsLSE:ZTF Stock Report

Market Cap

UK£208.5m

7D

3.1%

1Y

7.4%

Updated

03 Dec, 2021

Data

Company Financials +
ZTF fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance3/6
Financial Health5/6
Dividends4/6

ZTF Stock Overview

Zotefoams plc, together with its subsidiaries, manufactures, distributes, and sells polyolefin block foams in the United Kingdom, Continental Europe, North America, and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Zotefoams
Historical stock prices
Current Share PriceUK£4.33
52 Week HighUK£4.99
52 Week LowUK£3.51
Beta1.17
1 Month Change5.61%
3 Month Change1.88%
1 Year Change7.44%
3 Year Change-24.30%
5 Year Change71.49%
Change since IPO154.71%

Recent News & Updates

Shareholder Returns

ZTFGB ChemicalsGB Market
7D3.1%-1.0%-2.2%
1Y7.4%29.2%10.5%

Return vs Industry: ZTF underperformed the UK Chemicals industry which returned 29.2% over the past year.

Return vs Market: ZTF underperformed the UK Market which returned 10.5% over the past year.

Price Volatility

Is ZTF's price volatile compared to industry and market?
ZTF volatility
ZTF Average Weekly Movement5.6%
Chemicals Industry Average Movement6.8%
Market Average Movement4.9%
10% most volatile stocks in GB Market9.8%
10% least volatile stocks in GB Market2.6%

Stable Share Price: ZTF is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: ZTF's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1921551David Stirlinghttps://www.zotefoams.com

Zotefoams plc, together with its subsidiaries, manufactures, distributes, and sells polyolefin block foams in the United Kingdom, Continental Europe, North America, and internationally. The company operates through Polyolefin Foams, High-Performance Products, and MuCell Extrusion LLC segments. It offers AZOTE, a polyolefin foam under the Plastazote, Evazote, and Supazote brands; and various high-performance foams manufactured from fluoropolymers, engineering polymers, and specialty elastomers under the ZOTEK brand.

Zotefoams Fundamentals Summary

How do Zotefoams's earnings and revenue compare to its market cap?
ZTF fundamental statistics
Market CapUK£208.53m
Earnings (TTM)UK£8.17m
Revenue (TTM)UK£96.19m

25.5x

P/E Ratio

2.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ZTF income statement (TTM)
RevenueUK£96.19m
Cost of RevenueUK£66.52m
Gross ProfitUK£29.67m
ExpensesUK£21.50m
EarningsUK£8.17m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Mar 22, 2022

Earnings per share (EPS)0.17
Gross Margin30.85%
Net Profit Margin8.49%
Debt/Equity Ratio42.4%

How did ZTF perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

38%

Payout Ratio

Valuation

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

25.54x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ZTF (£4.33) is trading above our estimate of fair value (£2.88)

Significantly Below Fair Value: ZTF is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ZTF is poor value based on its PE Ratio (25.5x) compared to the UK Chemicals industry average (25.3x).

PE vs Market: ZTF is poor value based on its PE Ratio (25.5x) compared to the UK market (19.3x).


Price to Earnings Growth Ratio

PEG Ratio: ZTF is poor value based on its PEG Ratio (2x)


Price to Book Ratio

PB vs Industry: ZTF is good value based on its PB Ratio (2.2x) compared to the GB Chemicals industry average (2.7x).


Future Growth

How is Zotefoams forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

12.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ZTF's forecast earnings growth (12.6% per year) is above the savings rate (0.9%).

Earnings vs Market: ZTF's earnings (12.6% per year) are forecast to grow faster than the UK market (12.5% per year).

High Growth Earnings: ZTF's earnings are forecast to grow, but not significantly.

Revenue vs Market: ZTF's revenue (7.3% per year) is forecast to grow faster than the UK market (4.9% per year).

High Growth Revenue: ZTF's revenue (7.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ZTF's Return on Equity is forecast to be low in 3 years time (9.2%).


Past Performance

How has Zotefoams performed over the past 5 years?

7.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ZTF has high quality earnings.

Growing Profit Margin: ZTF's current net profit margins (8.5%) are lower than last year (8.6%).


Past Earnings Growth Analysis

Earnings Trend: ZTF's earnings have grown by 7.5% per year over the past 5 years.

Accelerating Growth: ZTF's earnings growth over the past year (30.1%) exceeds its 5-year average (7.5% per year).

Earnings vs Industry: ZTF earnings growth over the past year (30.1%) underperformed the Chemicals industry 35.2%.


Return on Equity

High ROE: ZTF's Return on Equity (8.4%) is considered low.


Financial Health

How is Zotefoams's financial position?


Financial Position Analysis

Short Term Liabilities: ZTF's short term assets (£60.5M) exceed its short term liabilities (£40.0M).

Long Term Liabilities: ZTF's short term assets (£60.5M) exceed its long term liabilities (£23.0M).


Debt to Equity History and Analysis

Debt Level: ZTF's net debt to equity ratio (35.4%) is considered satisfactory.

Reducing Debt: ZTF's debt to equity ratio has increased from 19.3% to 42.4% over the past 5 years.

Debt Coverage: ZTF's debt is well covered by operating cash flow (25.5%).

Interest Coverage: ZTF's interest payments on its debt are well covered by EBIT (12.2x coverage).


Balance Sheet


Dividend

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

1.47%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ZTF's dividend (1.47%) is higher than the bottom 25% of dividend payers in the UK market (1.38%).

High Dividend: ZTF's dividend (1.47%) is low compared to the top 25% of dividend payers in the UK market (4.17%).


Stability and Growth of Payments

Stable Dividend: ZTF's dividend payments have been volatile in the past 10 years.

Growing Dividend: ZTF's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (37.7%), ZTF's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ZTF's dividends in 3 years are forecast to be well covered by earnings (35.2% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.9yrs

Average board tenure


CEO

David Stirling (54 yo)

21.58yrs

Tenure

UK£494,220

Compensation

Mr. David B. Stirling, BSc, CA, MBA, MSc, has been Group Chief Executive Officer at Zotefoams plc since May 2000 and serves as its Managing Director. Mr. Stirling joined Zotefoams PLC in September 1997 as...


CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD653.47K) is about average for companies of similar size in the UK market ($USD564.63K).

Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: ZTF's board of directors are considered experienced (3.9 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Zotefoams plc's employee growth, exchange listings and data sources


Key Information

  • Name: Zotefoams plc
  • Ticker: ZTF
  • Exchange: LSE
  • Founded: 1921
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Market Cap: UK£208.533m
  • Shares outstanding: 48.16m
  • Website: https://www.zotefoams.com

Number of Employees


Location

  • Zotefoams plc
  • 675 Mitcham Road
  • Croydon
  • Greater London
  • CR9 3AL
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/03 21:15
End of Day Share Price2021/12/03 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.