OM:ZZ B

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Executive Summary

Zinzino AB (publ), a direct sales company, engages in the sales of coffee, coffee machines and accessories; and research, development, manufacture, sale of functional food.


Snowflake Analysis

Excellent balance sheet with solid track record.

Share Price & News

How has Zinzino's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ZZ B's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-2.7%

ZZ B

-0.9%

SE Retail Distributors

2.6%

SE Market


1 Year Return

108.7%

ZZ B

-12.2%

SE Retail Distributors

6.0%

SE Market

Return vs Industry: ZZ B exceeded the Swedish Retail Distributors industry which returned -12.2% over the past year.

Return vs Market: ZZ B exceeded the Swedish Market which returned 6% over the past year.


Shareholder returns

ZZ BIndustryMarket
7 Day-2.7%-0.9%2.6%
30 Day-7.1%-6.3%0.7%
90 Day34.6%15.3%25.9%
1 Year113.2%108.7%-10.8%-12.2%7.5%6.0%
3 Year157.0%129.5%-9.7%-17.8%20.5%7.7%
5 Year38.8%19.0%3.1%-10.7%37.8%10.6%

Price Volatility Vs. Market

How volatile is Zinzino's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ZZ B (SEK28.8) is trading below our estimate of fair value (SEK97.47)

Significantly Below Fair Value: ZZ B is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ZZ B is poor value based on its PE Ratio (43.9x) compared to the Retail Distributors industry average (11.1x).

PE vs Market: ZZ B is poor value based on its PE Ratio (43.9x) compared to the Swedish market (19.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ZZ B's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ZZ B is overvalued based on its PB Ratio (21.1x) compared to the XE Retail Distributors industry average (1.4x).


Next Steps

Future Growth

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

3.4%

Forecasted Retail 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 Zinzino 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.


Next Steps

Past Performance

How has Zinzino performed over the past 5 years?

-29.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ZZ B has high quality earnings.

Growing Profit Margin: ZZ B's current net profit margins (2.6%) are higher than last year (0.6%).


Past Earnings Growth Analysis

Earnings Trend: ZZ B's earnings have declined by -29.6% per year over the past 5 years.

Accelerating Growth: ZZ B's earnings growth over the past year (451.5%) exceeds its 5-year average (-29.6% per year).

Earnings vs Industry: ZZ B earnings growth over the past year (451.5%) exceeded the Retail Distributors industry 29.8%.


Return on Equity

High ROE: ZZ B's Return on Equity (43.6%) is considered outstanding.


Next Steps

Financial Health

How is Zinzino's financial position?


Financial Position Analysis

Short Term Liabilities: ZZ B's short term assets (SEK262.5M) do not cover its short term liabilities (SEK274.7M).

Long Term Liabilities: ZZ B's short term assets (SEK262.5M) exceed its long term liabilities (SEK33.8M).


Debt to Equity History and Analysis

Debt Level: ZZ B is debt free.

Reducing Debt: ZZ B had no debt 5 years ago.

Debt Coverage: ZZ B has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ZZ B has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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

2.43%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ZZ B's dividend (2.43%) is higher than the bottom 25% of dividend payers in the Swedish market (1.68%).

High Dividend: ZZ B's dividend (2.43%) is low compared to the top 25% of dividend payers in the Swedish market (5.14%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, ZZ B has been paying a dividend for less than 10 years.

Growing Dividend: ZZ B's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (83.9%), ZZ B's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

5.1yrs

Average management tenure


CEO

Dag Pettersen (50yo)

8.5yrs

Tenure

Mr. Dag Bergheim Pettersen serves as the Chief Executive Officer at Zinzino AB since 2012. Mr. Bergheim has extensive experience in strategic leadership in growth companies. 


Leadership Team

NamePositionTenureCompensationOwnership
Dag Pettersen
Chief Executive Officer8.5yrsno data4.42% SEK42.1m
Fredrik Nielsen
Chief Financial Officerno datano data0.14% SEK1.3m
Jakob Spijker
COO & Head of Business Developmentno datano data0.045% SEK432.0k
Daniel Vennerstrand
Chief Technology Officerno datano data0.11% SEK1.0m
Gabriele Helmer
Chief Marketing Officer1.17yrsno datano data
Michael Perry
Chief Operating Officer of USA7.33yrsno datano data
Geir Smolan
Managing Director of Faun Pharma2.83yrsno datano data
Katriin Laneep
Head of Supportno datano datano data
Henrik Hammargren
Head of Business Controlno datano data0.11% SEK1.0m

5.1yrs

Average Tenure

47yo

Average Age

Experienced Management: ZZ B's management team is seasoned and experienced (5.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Staffan E. Hillberg
Independent Director13.5yrsno data0.47% SEK4.5m
Hans Jacobsson
Independent Chairman of the Board11.5yrsno data1.04% SEK9.9m
Pierre Martensson
Independent Director5.17yrsno data0.18% SEK1.8m

11.5yrs

Average Tenure

53yo

Average Age

Experienced Board: ZZ B's board of directors are seasoned and experienced ( 11.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ZZ B insiders have only sold shares 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

Zinzino AB (publ)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Zinzino AB (publ)
  • Ticker: ZZ B
  • Exchange: OM
  • Founded: 2007
  • Industry: Distributors
  • Sector: Retail
  • Market Cap: kr951.627m
  • Shares outstanding: 33.04m
  • Website: https://www.zinzino.com

Number of Employees


Location

  • Zinzino AB (publ)
  • Hulda Mellgrens Gata 5
  • Gothenburg
  • Västra Götaland County
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ZZ BOM (OMX Nordic Exchange Stockholm)YesClass B SharesSESEKSep 2010
ZNZN.FOTCPK (Pink Sheets LLC)YesClass B SharesUSUSDSep 2010

Biography

Zinzino AB (publ), a direct sales company, engages in the sales of coffee, coffee machines and accessories; and research, development, manufacture, sale of functional food. The company offers balance control, immunity control, weight control, and skin care products. It also provides espresso machines, coffee, tea, and accessories. The company markets and sells its products in Sweden, Norway, Denmark, Finland, Iceland, Estonia, Lithuania, Latvia, Germany, Austria, Switzerland, the Netherlands, Poland, Hungary, Romania, Spain, European Union, the United States, Canada, Faun, and Singapore, Malaysia, Taiwan, Thailand, and Hong Kong. Zinzino AB (publ) was founded in 2007 and is headquartered in Gothenburg, Sweden. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/04 21:01
End of Day Share Price2020/07/03 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.