Zinzino Valuation

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

ZZ B (SEK82.7) is trading below our estimate of [[fair value]] (SEK233.75)

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

Valuation Score

3/6

Valuation Score 3/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: ZZ B (SEK82.7) is trading below our estimate of fair value (SEK233.75)

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

Key Valuation Metric

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

Key metric: As ZZ B is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ZZ B. This is calculated by dividing ZZ B's market cap by their current earnings.
What is ZZ B's PE Ratio?
PE Ratio	16.8x
Earnings	SEK 170.20m
Market Cap	SEK 2.76b

ZZ B 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/Revenue	1.2x
Enterprise Value/EBITDA	11.3x
PEG Ratio	1.5x

Price to Earnings Ratio vs Peers

How does ZZ B's PE Ratio compare to its peers?

The above table shows the PE ratio for ZZ B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	60.8x
MEKO Meko	16.5x	19.7%	SEK 7.1b
TURA Tura Group	147.3x	n/a	SEK 196.9m
RVRC RVRC Holding	13.2x	14.1%	SEK 3.9b
HAYPP Haypp Group	66.4x	65.9%	SEK 1.8b
ZZ B Zinzino	16.8x	11.1%	SEK 2.8b

Price-To-Earnings vs Peers: ZZ B is good value based on its Price-To-Earnings Ratio (16.8x) compared to the peer average (60.8x).

Price to Earnings Ratio vs Industry

How does ZZ B's PE Ratio compare vs other companies in the European Retail Distributors Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: ZZ B is expensive based on its Price-To-Earnings Ratio (16.8x) compared to the European Retail Distributors industry average (13x).

Price to Earnings Ratio vs Fair Ratio

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

ZZ B PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	16.8x
Fair PE Ratio	16x

Price-To-Earnings vs Fair Ratio: ZZ B is expensive based on its Price-To-Earnings Ratio (16.8x) compared to the estimated Fair Price-To-Earnings Ratio (16x).

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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