ZEAL Network SE
XETRA:TIMA
Intrinsic Value
ZEAL Network SE is an online provider of lottery products. [ Read More ]
The intrinsic value of one TIMA stock under the Base Case scenario is 28.43 EUR. Compared to the current market price of 34.5 EUR, ZEAL Network SE is Overvalued by 18%.
Valuation Backtest
ZEAL Network SE
Run backtest to discover the historical profit from buying and selling TIMA stocks based on their intrinsic value.
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Fundamental Analysis
ZEAL Network's Q3 2023 Revenue Grows by 16%
2023-Q3 Earnings Call
ZEAL Network SE kept its strong growth momentum in the first nine months of 2023, increasing billings and revenues by 16%, credited to an aggressive marketing strategy, expanded games portfolio, and customer acquisition boosts during high jackpot phases. Despite comparable jackpot environments with the previous year, top-line growth was impressive at 15.5%. The third quarter also marked the games business's first significant revenue contribution, adding EUR 1.2 million to the total. However, EBITDA growth was a modest 5.3% due to substantial marketing investments aimed at long-term brand building. Reinforcing investor confidence, ZEAL reaffirms its financial year guidance, predicting billings between EUR 800 million to EUR 830 million, revenue from EUR 110 million to EUR 120 million, and EBITDA ranging from EUR 30 million to EUR 35 million.
Balance Sheet Decomposition
ZEAL Network SE
Current Assets | 81.4m |
Cash & Short-Term Investments | 76.6m |
Receivables | 2.8m |
Other Current Assets | 2.1m |
Non-Current Assets | 309.8m |
Long-Term Investments | 17.3m |
PP&E | 3.8m |
Intangibles | 281.1m |
Other Non-Current Assets | 7.6m |
Current Liabilities | 52.4m |
Accounts Payable | 4.8m |
Other Current Liabilities | 47.6m |
Non-Current Liabilities | 79.1m |
Long-Term Debt | 20.3m |
Other Non-Current Liabilities | 58.8m |
Earnings Waterfall
ZEAL Network SE
Revenue
|
116.8m
EUR
|
Cost of Revenue
|
-31.7m
EUR
|
Gross Profit
|
85.1m
EUR
|
Operating Expenses
|
-61.1m
EUR
|
Operating Income
|
24m
EUR
|
Other Expenses
|
-10.1m
EUR
|
Net Income
|
13.9m
EUR
|
Free Cash Flow Analysis
ZEAL Network SE
What is Free Cash Flow?
TIMA Profitability Score
Profitability Due Diligence
ZEAL Network SE's profitability score is 57/100. The higher the profitability score, the more profitable the company is.
Score
ZEAL Network SE's profitability score is 57/100. The higher the profitability score, the more profitable the company is.
TIMA Solvency Score
Solvency Due Diligence
ZEAL Network SE's solvency score is 78/100. The higher the solvency score, the more solvent the company is.
Score
ZEAL Network SE's solvency score is 78/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
TIMA Price Targets Summary
ZEAL Network SE
According to Wall Street analysts, the average 1-year price target for TIMA is 43.52 EUR with a low forecast of 39.39 EUR and a high forecast of 48.3 EUR.
Shareholder Return
TIMA Price
ZEAL Network SE
Average Annual Return | 23.95% |
Standard Deviation of Annual Returns | 75.25% |
Max Drawdown | -43% |
Market Capitalization | 747m EUR |
Shares Outstanding | 22 363 500 |
Percentage of Shares Shorted |
N/A
|
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
ZEAL Network SE is an online provider of lottery products. The company is headquartered in Hamburg, Hamburg and currently employs 157 full-time employees. The firm operates mainly under the brands Lotto24.de and Tipp24.com. The Company’s offer includes Lotto 6aus49, Spiel 77, Super 6, EuroJackpot, GlucksSpirale, syndicates, Keno and the German TV Lottery. ZEAL Network SE operates both domestically and abroad.
Contact
IPO
Employees
Officers
The intrinsic value of one TIMA stock under the Base Case scenario is 28.43 EUR.
Compared to the current market price of 34.5 EUR, ZEAL Network SE is Overvalued by 18%.