Overview Dividends

(ZBRA) Zebra Technologies - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US9892071054

Printers, RFID, Scanners, Mobile Computers, Software

ZBRA EPS (Earnings per Share)

EPS Growth (3Y CAGR): -7.09%
EPS Trend (3Y Correlation): 22.2%

ZBRA Revenue

Revenue Growth (3Y CAGR): -4.61%
Revenue Trend (3Y Correlation): 6.9%

Risk via 10d forecast
Volatility	41.8%
Value at Risk 5%th	63.9%

Reward
Sharpe Ratio	-0.87
Alpha Jensen	-59.79

Character
Hurst Exponent	0.322
Beta	1.671

Drawdowns 3y
Max DD	49.29%
Mean DD	18.17%

Description: ZBRA Zebra Technologies October 30, 2025

Zebra Technologies (NASDAQ: ZBRA) delivers enterprise-asset-intelligence solutions through two primary segments: Asset Intelligence & Tracking, which focuses on printers, RFID devices, tags, sensors, and related consumables; and Enterprise Visibility & Mobility, which offers rugged mobile computers, barcode scanners, fixed readers, machine-vision cameras, and cloud-based software for workflow, analytics, and automation. The company serves retail, e-commerce, manufacturing, logistics, healthcare, and the public sector via a direct sales force and an extensive channel partner network.

Key recent metrics: FY 2023 revenue reached approximately $7.0 billion, up 5 % YoY, driven by strong demand for RFID-enabled inventory solutions and the acceleration of digital-transformation initiatives in logistics. The Asset Intelligence segment contributed roughly 58 % of total revenue, with RFID printer shipments growing at a 12 % annualized rate. Macro-level, the broader automatic identification and data capture (AIDC) market is projected to expand at a 9 % CAGR through 2028, underpinned by e-commerce fulfillment, cold-chain monitoring, and the rollout of 5G-enabled IoT devices.

For a deeper, data-driven assessment of Zebra’s valuation and competitive positioning, you may find the analyst tools on ValueRay worth exploring.

ZBRA Stock Overview

Market Cap in USD	13,148m
Sub-Industry	Electronic Equipment & Instruments
IPO / Inception	1991-08-15
Return 12m vs S&P 500	-45.2%
Analyst Rating	4.05 of 5

ZBRA Dividends

Currently no dividends paid

ZBRA Growth Ratios

CAGR	-0.83%
CAGR/Max DD Calmar Ratio	-0.02
CAGR/Mean DD Pain Ratio	-0.05
Current Volume	482.1k
Average Volume	658.1k

Piotroski VR‑10 (Strict, 0-10) 7.0

Net Income (512.0m TTM) > 0 and > 6% of Revenue (6% = 315.3m TTM)

FCFTA 0.10 (>2.0%) and ΔFCFTA -0.17pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 18.52% (prev 12.26%; Δ 6.25pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.11 (>3.0%) and CFO 866.0m > Net Income 512.0m (YES >=105%, WARN >=100%)

Net Debt (1.27b) to EBITDA (979.0m) ratio: 1.30 <= 3.0 (WARN <= 3.5)

Current Ratio 1.61 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (51.8m) change vs 12m ago -0.21% (target <= -2.0% for YES)

Gross Margin 48.39% (prev 47.53%; Δ 0.86pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 66.70% (prev 60.55%; Δ 6.15pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 4.18 (EBITDA TTM 979.0m / Interest Expense TTM 194.0m) >= 6 (WARN >= 3)

Altman Z'' 4.84

(A) 0.12 = (Total Current Assets 2.58b - Total Current Liabilities 1.60b) / Total Assets 8.07b

(B) 0.65 = Retained Earnings (Balance) 5.21b / Total Assets 8.07b

(D) 1.19 = Book Value of Equity 5.15b / Total Liabilities 4.32b

Total Rating: 4.84 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 62.53

1. Piotroski 7.0pt = 2.0

2. FCF Yield 5.49% = 2.75

3. FCF Margin 15.07% = 3.77

4. Debt/Equity 0.62 = 2.31

5. Debt/Ebitda 1.30 = 1.31

6. ROIC - WACC (= -1.92)% = -2.40

7. RoE 14.05% = 1.17

8. Rev. Trend 6.91% = 0.52

9. EPS Trend 22.15% = 1.11

What is the price of ZBRA shares?

As of November 12, 2025, the stock is trading at USD 255.17 with a total of 482,100 shares traded.
Over the past week, the price has changed by -1.99%, over one month by -9.50%, over three months by -18.33% and over the past year by -36.71%.

Is Zebra Technologies a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Zebra Technologies is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 62.53 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of ZBRA is around 219.95 USD . This means that ZBRA is currently overvalued and has a potential downside of -13.8%.

Is ZBRA a buy, sell or hold?

Zebra Technologies has received a consensus analysts rating of 4.05. Therefore, it is recommended to buy ZBRA.

Strong Buy: 9
Buy: 2
Hold: 8
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the ZBRA price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	358.5	40.5%
Analysts Target Price	358.5	40.5%
ValueRay Target Price	250.4	-1.9%

ZBRA Fundamental Data Overview November 11, 2025

Market Cap USD = 13.15b (13.15b USD * 1.0 USD.USD)
P/E Trailing = 26.1897
P/E Forward = 16.7504
P/S = 2.5021
P/B = 4.1588
P/EG = 0.9968
Beta = 1.671
Revenue TTM = 5.25b USD
EBIT TTM = 811.0m USD
EBITDA TTM = 979.0m USD
Long Term Debt = 2.09b USD (from longTermDebt, last fiscal year)
Short Term Debt = 66.0m USD (from shortTermDebt, last quarter)
Debt = 2.32b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.27b USD (from netDebt column, last quarter)
Enterprise Value = 14.42b USD (13.15b + Debt 2.32b - CCE 1.05b)
Interest Coverage Ratio = 4.18 (Ebit TTM 811.0m / Interest Expense TTM 194.0m)
FCF Yield = 5.49% (FCF TTM 792.0m / Enterprise Value 14.42b)
FCF Margin = 15.07% (FCF TTM 792.0m / Revenue TTM 5.25b)
Net Margin = 9.74% (Net Income TTM 512.0m / Revenue TTM 5.25b)
Gross Margin = 48.39% ((Revenue TTM 5.25b - Cost of Revenue TTM 2.71b) / Revenue TTM)
Gross Margin QoQ = 48.03% (prev 47.64%)
Tobins Q-Ratio = 1.79 (Enterprise Value 14.42b / Total Assets 8.07b)
Interest Expense / Debt = 5.12% (Interest Expense 119.0m / Debt 2.32b)
Taxrate = 36.48% (58.0m / 159.0m)
NOPAT = 515.2m (EBIT 811.0m * (1 - 36.48%))
Current Ratio = 1.61 (Total Current Assets 2.58b / Total Current Liabilities 1.60b)
Debt / Equity = 0.62 (Debt 2.32b / totalStockholderEquity, last quarter 3.75b)
Debt / EBITDA = 1.30 (Net Debt 1.27b / EBITDA 979.0m)
Debt / FCF = 1.60 (Net Debt 1.27b / FCF TTM 792.0m)
Total Stockholder Equity = 3.64b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.35% (Net Income 512.0m / Total Assets 8.07b)
RoE = 14.05% (Net Income TTM 512.0m / Total Stockholder Equity 3.64b)
RoCE = 14.14% (EBIT 811.0m / Capital Employed (Equity 3.64b + L.T.Debt 2.09b))
RoIC = 8.91% (NOPAT 515.2m / Invested Capital 5.78b)
WACC = 10.83% (E(13.15b)/V(15.47b) * Re(12.17%) + D(2.32b)/V(15.47b) * Rd(5.12%) * (1-Tc(0.36)))
Discount Rate = 12.17% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.12%
[DCF Debug] Terminal Value 54.38% ; FCFE base≈782.4m ; Y1≈513.7m ; Y5≈234.9m
Fair Price DCF = 53.94 (DCF Value 2.73b / Shares Outstanding 50.7m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 22.15 | EPS CAGR: -7.09% | SUE: 3.29 | # QB: 3
Revenue Correlation: 6.91 | Revenue CAGR: -4.61% | SUE: 0.26 | # QB: 0

Additional Sources for ZBRA Stock

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Fund Manager Positions: Dataroma | Stockcircle