ZRX

Zortrax WSE:ZRX Stock Report

Last Price

zł1.67

Market Cap

zł192.8m

7D

9.2%

1Y

-45.4%

Updated

17 Aug, 2022

Data

Company Financials
ZRX fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

ZRX Stock Overview

Zortrax SA designs, manufactures, and supplies integrated 3D printers for business professionals.

Zortrax Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Zortrax
Historical stock prices
Current Share Pricezł1.67
52 Week Highzł3.28
52 Week Lowzł1.25
Beta0
1 Month Change23.25%
3 Month Change-12.11%
1 Year Change-45.43%
3 Year Changen/a
5 Year Changen/a
Change since IPO-52.15%

Recent News & Updates

Shareholder Returns

ZRXPL TechPL Market
7D9.2%-1.1%-0.1%
1Y-45.4%-41.3%-22.3%

Return vs Industry: ZRX underperformed the Polish Tech industry which returned -40.4% over the past year.

Return vs Market: ZRX underperformed the Polish Market which returned -20.9% over the past year.

Price Volatility

Is ZRX's price volatile compared to industry and market?
ZRX volatility
ZRX Average Weekly Movement7.6%
Tech Industry Average Movement6.3%
Market Average Movement6.3%
10% most volatile stocks in PL Market12.1%
10% least volatile stocks in PL Market4.2%

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

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

About the Company

FoundedEmployeesCEOWebsite
n/a93Mariusz Babulahttps://www.zortrax.com

Zortrax SA designs, manufactures, and supplies integrated 3D printers for business professionals. The company serves architecture, healthcare, automotive, industrial engineering, education, and fashion industries. It also sells its products through its online store.

Zortrax Fundamentals Summary

How do Zortrax's earnings and revenue compare to its market cap?
ZRX fundamental statistics
Market Capzł192.76m
Earnings (TTM)-zł5.50m
Revenue (TTM)zł37.57m

5.1x

P/S Ratio

-35.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ZRX income statement (TTM)
Revenuezł37.57m
Cost of Revenuezł22.25m
Gross Profitzł15.32m
Other Expenseszł20.82m
Earnings-zł5.50m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Nov 14, 2022

Earnings per share (EPS)-0.048
Gross Margin40.78%
Net Profit Margin-14.65%
Debt/Equity Ratio3.5%

How did ZRX perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is ZRX undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ZRX?

Other financial metrics that can be useful for relative valuation.

ZRX key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue5x
Enterprise Value/EBITDA84.7x
PEG Ration/a

Price to Sales Ratio vs Peers

How does ZRX's PS Ratio compare to its peers?

ZRX PS Ratio vs Peers
The above table shows the PS ratio for ZRX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average0.5x
NTT NTT System
0.05xn/azł64.5m
MXC Maxcom
0.2xn/azł30.8m
APN Aplisens
1.3xn/azł164.4m
OEX OEX
0.3xn/azł213.5m
ZRX Zortrax
5.1xn/azł192.8m

Price-To-Sales vs Peers: ZRX is expensive based on its Price-To-Sales Ratio (5.1x) compared to the peer average (0.5x).


Price to Earnings Ratio vs Industry

How does ZRX's PE Ratio compare vs other companies in the European Tech Industry?

Price-To-Sales vs Industry: ZRX is expensive based on its Price-To-Sales Ratio (5.1x) compared to the European Tech industry average (1.3x)


Price to Sales Ratio vs Fair Ratio

What is ZRX's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ZRX PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio5.1x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate ZRX's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of ZRX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate ZRX's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate ZRX's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Zortrax forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


21.0%

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 Zortrax 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.


Discover growth companies

  • Examine Zortrax's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • Zortrax competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Zortrax performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-14.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ZRX is currently unprofitable.

Growing Profit Margin: ZRX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ZRX is unprofitable, and losses have increased over the past 5 years at a rate of 14.7% per year.

Accelerating Growth: Unable to compare ZRX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ZRX is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (-6.5%).


Return on Equity

High ROE: ZRX has a negative Return on Equity (-3.83%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Zortrax's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: ZRX's short term assets (PLN20.0M) exceed its short term liabilities (PLN10.9M).

Long Term Liabilities: ZRX's short term assets (PLN20.0M) exceed its long term liabilities (PLN7.0M).


Debt to Equity History and Analysis

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

Reducing Debt: ZRX's debt to equity ratio has reduced from 23.8% to 3.5% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable ZRX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: ZRX is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 1.2% per year.


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Dividend

What is Zortrax 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

  • Cash Flow Coverage

Dividend Yield vs Market

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

High Dividend: Unable to evaluate ZRX'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 ZRX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ZRX'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 ZRX has not reported any payouts.


Discover strong dividend paying companies

Management

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

0.3yrs

Average management tenure


CEO

Mariusz Babula

0.92yr

Tenure

Mr. Mariusz Babula is Chief Executive Officer since September 2021 and was Investor Relations Director of Zortrax S.A. from August 2021 until September 2021.


Leadership Team

Experienced Management: ZRX's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


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

Zortrax S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Zortrax S.A.
  • Ticker: ZRX
  • Exchange: WSE
  • Founded: NaN
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Implied Market Cap: zł192.756m
  • Shares outstanding: 115.42m
  • Website: https://www.zortrax.com

Number of Employees


Location

  • Zortrax S.A.
  • ul. Lubelska 34
  • Olsztyn
  • 10-409
  • Poland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/17 00:00
End of Day Share Price2022/08/17 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.