Zalando SE

OTCPK:ZLDS.F Stock Report

Market Cap: US$8.8b

Zalando Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • 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 ZLDS.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ZLDS.F ($34.08) is trading below our estimate of fair value ($67.73)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ZLDS.F?

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

The above table shows the Price to Earnings ratio for ZLDS.F. This is calculated by dividing ZLDS.F's market cap by their current earnings.
What is ZLDS.F's PE Ratio?
PE Ratio41.5x
Earnings€204.10m
Market Cap€8.47b

Price to Earnings Ratio vs Peers

How does ZLDS.F's PE Ratio compare to its peers?

The above table shows the PE ratio for ZLDS.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.8x
GAP Gap
11x3.8%US$9.1b
ANF Abercrombie & Fitch
14.5x5.6%US$7.8b
URBN Urban Outfitters
15.4x5.6%US$5.1b
BURL Burlington Stores
38.1x19.2%US$17.9b
ZLDS.F Zalando
41.5x21.6%US$8.5b

Price-To-Earnings vs Peers: ZLDS.F is expensive based on its Price-To-Earnings Ratio (41.5x) compared to the peer average (19.8x).

Price to Earnings Ratio vs Industry

How does ZLDS.F's PE Ratio compare vs other companies in the US Specialty Retail Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
TKLF Tokyo Lifestyle
2xn/aUS$13.93m
SSOK Sunstock
0.8xn/aUS$556.28k
MASN Maison Luxe
0.08xn/aUS$144.03k
EXPR.Q Express
0.000004xn/aUS$749.00
ZLDS.F 41.5xIndustry Avg. 16.6xNo. of Companies10PE01224364860+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ZLDS.F is expensive based on its Price-To-Earnings Ratio (41.5x) compared to the US Specialty Retail industry average (16.6x).

Price to Earnings Ratio vs Fair Ratio

What is ZLDS.F'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.

ZLDS.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio41.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ZLDS.F's Price-To-Earnings Fair Ratio 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?

The above table shows the analyst ZLDS.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$34.08
US$38.13
+11.9%
18.9%US$52.54US$19.97n/a27
Dec ’25US$29.19
US$37.65
+29.0%
18.5%US$52.91US$20.11n/a28
Nov ’25US$31.23
US$38.01
+21.7%
19.9%US$53.93US$20.49n/a27
Oct ’25n/a
US$37.44
0%
19.2%US$52.03US$21.03n/a27
Sep ’25n/a
US$36.83
0%
19.1%US$52.24US$21.12n/a27
Aug ’25n/a
US$35.90
0%
19.8%US$50.89US$19.49n/a27
Jul ’25n/a
US$35.17
0%
22.1%US$50.35US$19.28n/a26
Jun ’25n/a
US$35.82
0%
21.7%US$51.05US$19.55n/a26
May ’25n/a
US$34.75
0%
22.6%US$50.28US$19.26n/a26
Apr ’25n/a
US$34.08
0%
27.4%US$57.45US$19.51n/a27
Mar ’25US$21.08
US$34.02
+61.4%
27.1%US$56.76US$19.28n/a28
Feb ’25US$19.65
US$34.96
+77.9%
27.1%US$57.61US$19.57n/a28
Jan ’25n/a
US$37.92
0%
24.5%US$60.04US$19.65n/a28
Dec ’24n/a
US$37.94
0%
25.6%US$59.83US$19.58US$29.1929
Nov ’24n/a
US$38.98
0%
23.8%US$58.25US$22.24US$31.2329
Oct ’24US$23.11
US$41.19
+78.2%
22.7%US$58.15US$22.20n/a29
Sep ’24US$29.19
US$42.74
+46.4%
21.4%US$59.41US$22.69n/a30
Aug ’24n/a
US$45.76
0%
28.7%US$91.85US$23.52n/a29
Jul ’24n/a
US$45.88
0%
26.3%US$89.48US$22.92n/a30
Jun ’24US$30.21
US$51.55
+70.6%
35.2%US$128.74US$32.19n/a30
May ’24US$39.25
US$54.12
+37.9%
33.9%US$132.28US$33.07n/a29
Apr ’24n/a
US$53.22
0%
35.2%US$130.17US$26.03n/a28
Mar ’24US$40.12
US$50.78
+26.6%
37.6%US$127.20US$25.44US$21.0828
Feb ’24n/a
US$49.52
0%
41.0%US$130.17US$26.03US$19.6528
Jan ’24US$35.64
US$40.86
+14.7%
55.8%US$127.20US$18.02n/a26
Dec ’23n/a
US$39.80
0%
56.7%US$125.03US$17.71n/a26

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 20:43
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Zalando SE is covered by 62 analysts. 26 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rocco StraussArete Research Services LLP
Gerhard SchwarzBaader Helvea Equity Research
Volker BosseBaader Helvea Equity Research