| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
ZBRA Stock Overview
Zebra Technologies Corporation, together with its subsidiaries, provides enterprise asset intelligence solutions in the automatic identification and data capture solutions industry worldwide.
Rewards
Risk Analysis
No risks detected for ZBRA from our risk checks.
Zebra Technologies Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$309.83 |
| 52 Week High | US$615.00 |
| 52 Week Low | US$287.93 |
| Beta | 1.6 |
| 1 Month Change | -9.81% |
| 3 Month Change | -29.28% |
| 1 Year Change | -41.22% |
| 3 Year Change | 48.26% |
| 5 Year Change | 210.79% |
| Change since IPO | 7,539.64% |
Recent News & Updates
Why The 22% Return On Capital At Zebra Technologies (NASDAQ:ZBRA) Should Have Your Attention
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
Zebra Technologies: A Great Business, Finally At A Cheap Valuation
Zebra Technologies checks almost all my checklist. Zebra delivers sustainable growth in an industry with increasing relevance. Track record of good capital allocation. Shares are trading at a cheap valuation considering the high quality of the business.
Is Zebra Technologies (NASDAQ:ZBRA) A Risky Investment?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Shareholder Returns
| ZBRA | US Electronic | US Market | |
|---|---|---|---|
| 7D | 7.4% | 5.0% | 6.3% |
| 1Y | -41.2% | -19.8% | -18.8% |
Return vs Industry: ZBRA underperformed the US Electronic industry which returned -19.7% over the past year.
Return vs Market: ZBRA underperformed the US Market which returned -18.4% over the past year.
Price Volatility
| ZBRA volatility | |
|---|---|
| ZBRA Average Weekly Movement | 6.4% |
| Electronic Industry Average Movement | 7.4% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in US Market | 16.7% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: ZBRA is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: ZBRA's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1969 | 9,800 | Anders Gustafsson | https://www.zebra.com |
Zebra Technologies Corporation, together with its subsidiaries, provides enterprise asset intelligence solutions in the automatic identification and data capture solutions industry worldwide. It operates in two segments, Asset Intelligence & Tracking and Enterprise Visibility & Mobility. The company designs, manufactures, and sells printers, which produce labels, wristbands, tickets, receipts, and plastic cards; dye-sublimination thermal card printers, which produce images which are used for personal identification, access control, and financial transactions; RFID printers that encode data into passive RFID transponders; accessories and options for our printers, including vehicle mounts and battery chargers; stock and customized thermal labels, receipts, ribbons, plastic cards, and RFID tags for printers; and temperature-monitoring labels primarily used in vaccine distribution.
Zebra Technologies Fundamentals Summary
| ZBRA fundamental statistics | |
|---|---|
| Market Cap | US$16.27b |
| Earnings (TTM) | US$814.00m |
| Revenue (TTM) | US$5.71b |
20.0x
P/E Ratio2.8x
P/S RatioIs ZBRA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ZBRA income statement (TTM) | |
|---|---|
| Revenue | US$5.71b |
| Cost of Revenue | US$3.10b |
| Gross Profit | US$2.61b |
| Other Expenses | US$1.80b |
| Earnings | US$814.00m |
Last Reported Earnings
Apr 02, 2022
Next Earnings Date
Aug 02, 2022
| Earnings per share (EPS) | 15.50 |
| Gross Margin | 45.69% |
| Net Profit Margin | 14.25% |
| Debt/Equity Ratio | 37.9% |
How did ZBRA perform over the long term?
See historical performance and comparisonValuation
Is ZBRA undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for ZBRA?
Other financial metrics that can be useful for relative valuation.
| What is ZBRA's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$16.27b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 3x |
| Enterprise Value/EBITDA | 15.1x |
| PEG Ratio | 1.5x |
Price to Earnings Ratio vs Peers
How does ZBRA's PE Ratio compare to its peers?
| ZBRA PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 28.8x | ||
TRMB Trimble | 30.8x | 15.4% | US$15.1b |
TDY Teledyne Technologies | 30.9x | 11.9% | US$17.7b |
KEYS Keysight Technologies | 25x | 10.3% | US$25.5b |
CGNX Cognex | 28.5x | 15.9% | US$7.9b |
ZBRA Zebra Technologies | 20x | 13.5% | US$16.3b |
Price-To-Earnings vs Peers: ZBRA is good value based on its Price-To-Earnings Ratio (20x) compared to the peer average (28.8x).
Price to Earnings Ratio vs Industry
How does ZBRA's PE Ratio compare vs other companies in the US Electronic Industry?
Price-To-Earnings vs Industry: ZBRA is expensive based on its Price-To-Earnings Ratio (20x) compared to the US Electronic industry average (17.6x)
Price to Earnings Ratio vs Fair Ratio
What is ZBRA'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 20x |
| Fair PE Ratio | 23.5x |
Price-To-Earnings vs Fair Ratio: ZBRA is good value based on its Price-To-Earnings Ratio (20x) compared to the estimated Fair Price-To-Earnings Ratio (23.5x).
Share Price vs Fair Value
What is the Fair Price of ZBRA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: ZBRA ($309.83) is trading below our estimate of fair value ($662.14)
Significantly Below Fair Value: ZBRA is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: ZBRA is poor value based on its PEG Ratio (1.5x)
Discover undervalued companies
Future Growth
How is Zebra Technologies forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Future Growth Score
2/6Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
13.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ZBRA's forecast earnings growth (13.5% per year) is above the savings rate (1.9%).
Earnings vs Market: ZBRA's earnings (13.5% per year) are forecast to grow slower than the US market (13.9% per year).
High Growth Earnings: ZBRA's earnings are forecast to grow, but not significantly.
Revenue vs Market: ZBRA's revenue (6.3% per year) is forecast to grow slower than the US market (8.4% per year).
High Growth Revenue: ZBRA's revenue (6.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ZBRA's Return on Equity is forecast to be high in 3 years time (28.4%)
Discover growth companies
Past Performance
How has Zebra Technologies performed over the past 5 years?
Past Performance Score
4/6Past Performance Score 4/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
41.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ZBRA has high quality earnings.
Growing Profit Margin: ZBRA's current net profit margins (14.3%) are higher than last year (13.5%).
Past Earnings Growth Analysis
Earnings Trend: ZBRA has become profitable over the past 5 years, growing earnings by 41.9% per year.
Accelerating Growth: ZBRA's earnings growth over the past year (26.9%) is below its 5-year average (41.9% per year).
Earnings vs Industry: ZBRA earnings growth over the past year (26.9%) underperformed the Electronic industry 33%.
Return on Equity
High ROE: ZBRA's Return on Equity (28%) is considered high.
Discover strong past performing companies
Financial Health
How is Zebra Technologies's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: ZBRA's short term assets ($1.6B) do not cover its short term liabilities ($1.8B).
Long Term Liabilities: ZBRA's short term assets ($1.6B) exceed its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: ZBRA's net debt to equity ratio (33%) is considered satisfactory.
Reducing Debt: ZBRA's debt to equity ratio has reduced from 326.1% to 37.9% over the past 5 years.
Debt Coverage: ZBRA's debt is well covered by operating cash flow (81.7%).
Interest Coverage: ZBRA earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Dividend
What is Zebra Technologies's current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend 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 ZBRA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ZBRA'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 ZBRA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ZBRA'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 ZBRA has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
6.1yrs
Average management tenure
CEO
Anders Gustafsson (61 yo)
14.75yrs
Tenure
US$13,589,616
Compensation
Mr. Anders Gustafsson has been the Chief Executive Officer of Zebra Technologies Corporation, a holding company of Navis LLC since September 4, 2007. Mr. Gustafsson serves as the Chief Executive Officer at...
CEO Compensation Analysis
Compensation vs Market: Anders's total compensation ($USD13.59M) is about average for companies of similar size in the US market ($USD13.43M).
Compensation vs Earnings: Anders's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: ZBRA's management team is seasoned and experienced (6.1 years average tenure).
Board Members
Experienced Board: ZBRA's board of directors are considered experienced (8.7 years average tenure).
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
Zebra Technologies Corporation's employee growth, exchange listings and data sources
Key Information
- Name: Zebra Technologies Corporation
- Ticker: ZBRA
- Exchange: NasdaqGS
- Founded: 1969
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Implied Market Cap: US$16.270b
- Shares outstanding: 52.51m
- Website: https://www.zebra.com
Number of Employees
Location
- Zebra Technologies Corporation
- 3 Overlook Point
- Lincolnshire
- Illinois
- 60069
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/27 00:00 |
| End of Day Share Price | 2022/06/27 00:00 |
| Earnings | 2022/04/02 |
| Annual Earnings | 2021/12/31 |
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.