Overview Dividends

(ZBRA) Zebra Technologies - Ratings and Ratios

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

Printers, Labels, RFID, Scanners, Software, Mobile Computers

ZBRA EPS (Earnings per Share)

EPS Growth (3Y CAGR): -4.69%
EPS Trend (3Y Correlation): 4.9%

ZBRA Revenue

Revenue Growth (3Y CAGR): -2.29%
Revenue Trend (3Y Correlation): -12.4%

Description: ZBRA Zebra Technologies July 20, 2025

Zebra Technologies Corporation is a leading provider of enterprise asset intelligence solutions, operating in two main segments: Asset Intelligence & Tracking, and Enterprise Visibility & Mobility. The company offers a wide range of products and services, including printers, RFID devices, mobile computing products, and software solutions, catering to various industries such as retail, manufacturing, healthcare, and transportation.

Key Performance Indicators (KPIs) that can be used to evaluate Zebra Technologies performance include revenue growth, gross margin, operating margin, and return on equity (ROE). With a ROE of 15.78%, the company demonstrates a decent return on shareholders equity. Additionally, the companys diverse product portfolio and strong presence in various industries can be considered a key strength. The companys ability to provide end-to-end solutions, from hardware to software and services, is also a significant competitive advantage.

From a financial perspective, Zebra Technologies market capitalization stands at approximately $16.8 billion, indicating a significant market presence. The companys forward P/E ratio of 22.73 suggests that the market expects earnings growth in the future. To further analyze the companys financial health, other KPIs such as debt-to-equity ratio, interest coverage ratio, and cash flow generation can be examined.

In terms of growth prospects, Zebra Technologies is well-positioned to capitalize on the increasing demand for enterprise asset intelligence solutions, driven by the growing need for businesses to optimize their operations, improve supply chain efficiency, and enhance customer experiences. The companys focus on innovation, strategic acquisitions, and partnerships can also drive future growth.

ZBRA Stock Overview

Market Cap in USD	15,791m
Sub-Industry	Electronic Equipment & Instruments
IPO / Inception	1991-08-15

ZBRA Stock Ratings

Growth Rating	-24.4%
Fundamental	63.8%
Dividend Rating	-
Return 12m vs S&P 500	-37.0%
Analyst Rating	4.05 of 5

ZBRA Dividends

Currently no dividends paid

ZBRA Growth Ratios

Growth Correlation 3m	-67.4%
Growth Correlation 12m	-48%
Growth Correlation 5y	-49.7%
CAGR 5y	4.85%
CAGR/Max DD 3y (Calmar Ratio)	0.10
CAGR/Mean DD 3y (Pain Ratio)	0.27
Sharpe Ratio 12m	-0.09
Alpha	-56.22
Beta	1.752
Volatility	36.99%
Current Volume	3138.7k
Average Volume 20d	537.3k
Stop Loss	260 (-5.2%)
Signal	-1.46

Piotroski VR‑10 (Strict, 0-10) 8.0

Net Income (548.0m TTM) > 0 and > 6% of Revenue (6% = 311.4m TTM)

FCFTA 0.11 (>2.0%) and ΔFCFTA 4.84pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 14.26% (prev 9.91%; Δ 4.35pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.12 (>3.0%) and CFO 925.0m > Net Income 548.0m (YES >=105%, WARN >=100%)

Net Debt (1.45b) to EBITDA (969.0m) ratio: 1.50 <= 3.0 (WARN <= 3.5)

Current Ratio 1.46 (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 -0.04% (target <= -2.0% for YES)

Gross Margin 48.59% (prev 44.67%; Δ 3.93pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 67.28% (prev 58.08%; Δ 9.20pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 7.53 (EBITDA TTM 969.0m / Interest Expense TTM 106.0m) >= 6 (WARN >= 3)

Altman Z'' 4.63

(A) 0.09 = (Total Current Assets 2.33b - Total Current Liabilities 1.59b) / Total Assets 7.94b

(B) 0.64 = Retained Earnings (Balance) 5.11b / Total Assets 7.94b

(D) 1.16 = Book Value of Equity 5.03b / Total Liabilities 4.32b

Total Rating: 4.63 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 63.83

1. Piotroski 8.0pt = 3.0

2. FCF Yield 4.95% = 2.47

3. FCF Margin 16.44% = 4.11

4. Debt/Equity 0.64 = 2.30

5. Debt/Ebitda 1.50 = 0.96

6. ROIC - WACC (= 0.31)% = 0.39

7. RoE 15.38% = 1.28

8. Rev. Trend -12.37% = -0.93

9. EPS Trend 4.90% = 0.24

What is the price of ZBRA shares?

As of October 29, 2025, the stock is trading at USD 274.31 with a total of 3,138,700 shares traded.
Over the past week, the price has changed by -10.42%, over one month by -7.61%, over three months by -18.04% and over the past year by -24.55%.

Is Zebra Technologies a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Zebra Technologies is currently (October 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 63.83 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 230.37 USD . This means that ZBRA is currently overvalued and has a potential downside of -16.02%.

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	372.3	35.7%
Analysts Target Price	372.3	35.7%
ValueRay Target Price	262.6	-4.3%

ZBRA Fundamental Data Overview October 29, 2025

Market Cap USD = 15.79b (15.79b USD * 1.0 USD.USD)
P/E Trailing = 29.1615
P/E Forward = 16.7504
P/S = 3.0426
P/B = 4.1588
P/EG = 0.9968
Beta = 1.752
Revenue TTM = 5.19b USD
EBIT TTM = 798.0m USD
EBITDA TTM = 969.0m USD
Long Term Debt = 2.13b USD (from longTermDebt, last quarter)
Short Term Debt = 116.0m USD (from shortTermDebt, last quarter)
Debt = 2.32b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.45b USD (from netDebt column, last quarter)
Enterprise Value = 17.24b USD (15.79b + Debt 2.32b - CCE 872.0m)
Interest Coverage Ratio = 7.53 (Ebit TTM 798.0m / Interest Expense TTM 106.0m)
FCF Yield = 4.95% (FCF TTM 853.0m / Enterprise Value 17.24b)
FCF Margin = 16.44% (FCF TTM 853.0m / Revenue TTM 5.19b)
Net Margin = 10.56% (Net Income TTM 548.0m / Revenue TTM 5.19b)
Gross Margin = 48.59% ((Revenue TTM 5.19b - Cost of Revenue TTM 2.67b) / Revenue TTM)
Gross Margin QoQ = 47.64% (prev 49.31%)
Tobins Q-Ratio = 2.17 (Enterprise Value 17.24b / Total Assets 7.94b)
Interest Expense / Debt = 1.08% (Interest Expense 25.0m / Debt 2.32b)
Taxrate = 18.84% (26.0m / 138.0m)
NOPAT = 647.7m (EBIT 798.0m * (1 - 18.84%))
Current Ratio = 1.46 (Total Current Assets 2.33b / Total Current Liabilities 1.59b)
Debt / Equity = 0.64 (Debt 2.32b / totalStockholderEquity, last quarter 3.62b)
Debt / EBITDA = 1.50 (Net Debt 1.45b / EBITDA 969.0m)
Debt / FCF = 1.70 (Net Debt 1.45b / FCF TTM 853.0m)
Total Stockholder Equity = 3.56b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.90% (Net Income 548.0m / Total Assets 7.94b)
RoE = 15.38% (Net Income TTM 548.0m / Total Stockholder Equity 3.56b)
RoCE = 14.02% (EBIT 798.0m / Capital Employed (Equity 3.56b + L.T.Debt 2.13b))
RoIC = 11.30% (NOPAT 647.7m / Invested Capital 5.73b)
WACC = 10.98% (E(15.79b)/V(18.11b) * Re(12.47%) + D(2.32b)/V(18.11b) * Rd(1.08%) * (1-Tc(0.19)))
Discount Rate = 12.47% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.12%
[DCF Debug] Terminal Value 53.40% ; FCFE base≈688.6m ; Y1≈452.1m ; Y5≈206.7m
Fair Price DCF = 46.02 (DCF Value 2.34b / Shares Outstanding 50.8m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 4.90 | EPS CAGR: -4.69% | SUE: 1.63 | # QB: 2
Revenue Correlation: -12.37 | Revenue CAGR: -2.29% | SUE: 0.01 | # QB: 0

Additional Sources for ZBRA Stock

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