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ZAP

Zaptec OB:ZAP Stock Report

Last Price

kr39.40

Market Cap

kr3.0b

7D

2.8%

1Y

-7.3%

Updated

23 May, 2022

Data

Company Financials +
ZAP fundamental analysis
Snowflake Score
Valuation0/6
Future Growth6/6
Past Performance1/6
Financial Health5/6
Dividends0/6

ZAP Stock Overview

Zaptec AS engages in the development and sale of chargers, charging systems, and services for electric car charging in Norway and rest of Europe.

Zaptec Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Zaptec
Historical stock prices
Current Share Pricekr39.40
52 Week Highkr69.70
52 Week Lowkr34.09
Beta0
1 Month Change-1.03%
3 Month Change-12.52%
1 Year Change-7.29%
3 Year Changen/a
5 Year Changen/a
Change since IPO261.14%

Recent News & Updates

Shareholder Returns

ZAPNO ElectricalNO Market
7D2.8%0.9%2.1%
1Y-7.3%-13.7%12.3%

Return vs Industry: ZAP exceeded the Norwegian Electrical industry which returned -13.7% over the past year.

Return vs Market: ZAP underperformed the Norwegian Market which returned 12.3% over the past year.

Price Volatility

Is ZAP's price volatile compared to industry and market?
ZAP volatility
ZAP Average Weekly Movement8.1%
Electrical Industry Average Movement8.0%
Market Average Movement7.5%
10% most volatile stocks in NO Market13.0%
10% least volatile stocks in NO Market4.3%

Stable Share Price: ZAP is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: ZAP's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201294Peter Bardenfleth-Hansenhttps://zaptec.com

Zaptec AS engages in the development and sale of chargers, charging systems, and services for electric car charging in Norway and rest of Europe. It offers Zaptec Go, a 22KW charger; Zaptec Pro, a charging station for parking spaces in housing cooperatives and co-ownership properties, companies, and newbuilds; and charging columns for outdoor installations. The company also provides Zaptec Portal, a charging infrastructure that monitors, balances, and optimizes the load between the various charging stations; and Zaptec APM, which measures the power consumption for the building and allocates power to EV charging.

Zaptec Fundamentals Summary

How do Zaptec's earnings and revenue compare to its market cap?
ZAP fundamental statistics
Market Capkr3.02b
Earnings (TTM)kr7.56m
Revenue (TTM)kr548.07m

396.9x

P/E Ratio

5.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ZAP income statement (TTM)
Revenuekr548.07m
Cost of Revenuekr296.19m
Gross Profitkr251.88m
Other Expenseskr244.32m
Earningskr7.56m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 26, 2022

Earnings per share (EPS)0.099
Gross Margin45.96%
Net Profit Margin1.38%
Debt/Equity Ratio4.9%

How did ZAP perform over the long term?

See historical performance and comparison

Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


396.94x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: ZAP (NOK39.4) is trading above our estimate of fair value (NOK8.28)

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


Price To Earnings Ratio

PE vs Industry: ZAP is poor value based on its PE Ratio (396.9x) compared to the European Electrical industry average (21.3x).

PE vs Market: ZAP is poor value based on its PE Ratio (396.9x) compared to the Norwegian market (13.4x).


Price to Earnings Growth Ratio

PEG Ratio: ZAP is poor value based on its PEG Ratio (8.7x)


Price to Book Ratio

PB vs Industry: ZAP is overvalued based on its PB Ratio (8.2x) compared to the XE Electrical industry average (2.4x).


Future Growth

How is Zaptec forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

6/6

Future Growth Score 6/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


45.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ZAP's forecast earnings growth (45.8% per year) is above the savings rate (1.1%).

Earnings vs Market: ZAP's earnings (45.8% per year) are forecast to grow faster than the Norwegian market (1.2% per year).

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

Revenue vs Market: ZAP's revenue (32.9% per year) is forecast to grow faster than the Norwegian market (1% per year).

High Growth Revenue: ZAP's revenue (32.9% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ZAP's Return on Equity is forecast to be high in 3 years time (25%)


Past Performance

How has Zaptec performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-41.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ZAP has high quality earnings.

Growing Profit Margin: ZAP's current net profit margins (1.4%) are lower than last year (3.3%).


Past Earnings Growth Analysis

Earnings Trend: ZAP's earnings have declined by 41% per year over the past 5 years.

Accelerating Growth: ZAP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ZAP had negative earnings growth (-8.6%) over the past year, making it difficult to compare to the Electrical industry average (26.3%).


Return on Equity

High ROE: ZAP's Return on Equity (2.1%) is considered low.


Financial Health

How is Zaptec's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ZAP's short term assets (NOK402.1M) exceed its short term liabilities (NOK180.2M).

Long Term Liabilities: ZAP's short term assets (NOK402.1M) exceed its long term liabilities (NOK5.9M).


Debt to Equity History and Analysis

Debt Level: ZAP has more cash than its total debt.

Reducing Debt: Insufficient data to determine if ZAP's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: ZAP's debt is well covered by operating cash flow (363.8%).

Interest Coverage: ZAP's interest payments on its debt are well covered by EBIT (29.9x coverage).


Balance Sheet


Dividend

What is Zaptec current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as ZAP has not reported any payouts.


Discover strong dividend paying companies

Management

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

1.3yrs

Average management tenure


CEO

Peter Bardenfleth-Hansen (50 yo)

0.33

Tenure

Mr. Peter Bardenfleth-Hansen serves as Chief Executive Officer of Zaptec AS since 2022. He serves as Director at Zaptec AS since September 25, 2020 and serves as its Deputy Chairman since June 18, 2021. He...


Leadership Team

Experienced Management: ZAP's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: ZAP's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.


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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Zaptec AS's employee growth, exchange listings and data sources


Key Information

  • Name: Zaptec AS
  • Ticker: ZAP
  • Exchange: OB
  • Founded: 2012
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Implied Market Cap: kr3.024b
  • Shares outstanding: 76.14m
  • Website: https://zaptec.com

Number of Employees


Location

  • Zaptec AS
  • Professor Olav Hanssens vei 7A
  • Stavanger
  • Rogaland
  • 4021
  • Norway

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/23 00:00
End of Day Share Price2022/05/23 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.