Zalando SE
XETRA:ZAL

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Zalando SE
XETRA:ZAL
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Price: 31.03 EUR -0.54% Market Closed
Market Cap: 8.2B EUR
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Relative Value

The Relative Value of one ZAL stock under the Base Case scenario is 42.27 EUR. Compared to the current market price of 31.03 EUR, Zalando SE is Undervalued by 27%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ZAL Relative Value
Base Case
42.27 EUR
Undervaluation 27%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

0.7
P/S
P/S
Price to Sales
0.7
vs History
61
vs Industry
32
Median 3Y
0.7
Median 5Y
0.9
Industry
0.6
Forward
0.7
More Details
29.8
P/E
P/E
Price to Earnings
29.8
vs History
98
vs Industry
10
Median 3Y
62.1
Median 5Y
76.2
Industry
16.9
Forward
25.3
More Details
13.1
P/OCF
P/OCF
Price to OCF
13.1
vs History
65
vs Industry
37
Median 3Y
12.8
Median 5Y
22.5
Industry
8.2
More Details
40.4
P/FCFE
P/FCFE
Price to FCFE
40.4
vs History
17
vs Industry
31
Median 3Y
10.8
Median 5Y
12.3
Industry
16.2
More Details
3
P/B
P/B
Price to Book Value
3
vs History
73
vs Industry
19
Median 3Y
3.1
Median 5Y
3.9
Industry
1.6
More Details
0.6
EV/S
EV/S
Enterprise Value to Sales
0.6
vs History
68
vs Industry
41
Median 3Y
0.6
Median 5Y
0.8
Industry
0.7
Forward
0.6
More Details
1.5
EV/GP
EV/GP
Enterprise Value to Gross Profit
1.5
vs History
73
vs Industry
52
Median 3Y
1.6
Median 5Y
2
Industry
2.3
More Details
8.8
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
8.8
vs History
88
vs Industry
28
Median 3Y
11.3
Median 5Y
18.5
Industry
8.4
Forward
7.5
More Details
16.3
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
16.3
vs History
96
vs Industry
20
Median 3Y
34.8
Median 5Y
42.7
Industry
12.7
Forward
13.2
More Details
11
EV/OCF
EV/OCF
Enterprise Value to OCF
11
vs History
66
vs Industry
48
Median 3Y
10.5
Median 5Y
21.3
Industry
9.4
More Details
15.6
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
15.6
vs History
42
vs Industry
43
Median 3Y
7.8
Median 5Y
11.1
Industry
13.1
More Details
2.5
EV/IC
EV/IC
Enterprise Value to IC
2.5
vs History
66
vs Industry
13
Median 3Y
2.5
Median 5Y
3.1
Industry
1.1
More Details

Multiples Across Competitors

ZAL Competitors Multiples
Zalando SE Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
DE
Zalando SE
XETRA:ZAL
8B EUR 0.7 29.8 8.8 16.3
US
Amazon.com Inc
NASDAQ:AMZN
2.2T USD 3.4 33.1 16.8 29.9
ZA
Naspers Ltd
JSE:NPN
1.1T Zac 0 0 0 0
CN
Alibaba Group Holding Ltd
NYSE:BABA
294.6B USD 2.2 17.6 14.2 14.2
CN
PDD Holdings Inc
NASDAQ:PDD
167B USD 3.1 10.7 7.9 8
AR
Mercadolibre Inc
NASDAQ:MELI
130.5B USD 5.8 63.3 35.8 43.7
UY
MercadoLibre Inc
BMV:MELIN
2.5T MXN 5.9 63.5 35.9 43.9
NL
Prosus NV
AEX:PRX
109.7B EUR 20.9 15.7 3 085.5 3 085.5
CN
Meituan
HKEX:3690
794.5B HKD 2.2 20.5 14.7 18.3
US
DoorDash Inc
NASDAQ:DASH
90.7B USD 8.1 267.5 101.9 323.9
KR
Coupang Inc
NYSE:CPNG
49.2B USD 1.6 192.3 44.2 81.2
P/S Multiple
Revenue Growth P/S to Growth
DE
Zalando SE
XETRA:ZAL
Average P/S: 5.4
0.7
6%
0.1
US
Amazon.com Inc
NASDAQ:AMZN
3.4
10%
0.3
ZA
N
Naspers Ltd
JSE:NPN
Not Available
12%
N/A
CN
Alibaba Group Holding Ltd
NYSE:BABA
2.2
8%
0.3
CN
PDD Holdings Inc
NASDAQ:PDD
3.1
18%
0.2
AR
Mercadolibre Inc
NASDAQ:MELI
5.8
25%
0.2
UY
MercadoLibre Inc
BMV:MELIN
5.9
25%
0.2
NL
Prosus NV
AEX:PRX
20.9
14%
1.5
CN
Meituan
HKEX:3690
2.2
16%
0.1
US
D
DoorDash Inc
NASDAQ:DASH
8.1
19%
0.4
KR
Coupang Inc
NYSE:CPNG
1.6
14%
0.1
P/E Multiple
Earnings Growth PEG
DE
Zalando SE
XETRA:ZAL
Average P/E: 71.4
29.8
25%
1.2
US
Amazon.com Inc
NASDAQ:AMZN
33.1
17%
1.9
ZA
N
Naspers Ltd
JSE:NPN
Not Available
20%
N/A
CN
Alibaba Group Holding Ltd
NYSE:BABA
17.6
37%
0.5
CN
PDD Holdings Inc
NASDAQ:PDD
10.7
17%
0.6
AR
Mercadolibre Inc
NASDAQ:MELI
63.3
36%
1.8
UY
MercadoLibre Inc
BMV:MELIN
63.5
36%
1.8
NL
Prosus NV
AEX:PRX
15.7
18%
0.9
CN
Meituan
HKEX:3690
20.5
29%
0.7
US
D
DoorDash Inc
NASDAQ:DASH
267.5
165%
1.6
KR
Coupang Inc
NYSE:CPNG
192.3
126%
1.5
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
DE
Zalando SE
XETRA:ZAL
Average EV/EBITDA: 336.6
8.8
15%
0.6
US
Amazon.com Inc
NASDAQ:AMZN
16.8
26%
0.6
ZA
N
Naspers Ltd
JSE:NPN
Not Available
205%
N/A
CN
Alibaba Group Holding Ltd
NYSE:BABA
14.2
17%
0.8
CN
PDD Holdings Inc
NASDAQ:PDD
7.9
21%
0.4
AR
Mercadolibre Inc
NASDAQ:MELI
35.8
29%
1.2
UY
MercadoLibre Inc
BMV:MELIN
35.9
29%
1.2
NL
Prosus NV
AEX:PRX
3 085.5
N/A N/A
CN
Meituan
HKEX:3690
14.7
31%
0.5
US
D
DoorDash Inc
NASDAQ:DASH
101.9
97%
1.1
KR
Coupang Inc
NYSE:CPNG
44.2
61%
0.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
DE
Zalando SE
XETRA:ZAL
Average EV/EBIT: 366.5
16.3
24%
0.7
US
Amazon.com Inc
NASDAQ:AMZN
29.9
21%
1.4
ZA
N
Naspers Ltd
JSE:NPN
Not Available N/A N/A
CN
Alibaba Group Holding Ltd
NYSE:BABA
14.2
21%
0.7
CN
PDD Holdings Inc
NASDAQ:PDD
8
27%
0.3
AR
Mercadolibre Inc
NASDAQ:MELI
43.7
32%
1.4
UY
MercadoLibre Inc
BMV:MELIN
43.9
32%
1.4
NL
Prosus NV
AEX:PRX
3 085.5
N/A N/A
CN
Meituan
HKEX:3690
18.3
34%
0.5
US
D
DoorDash Inc
NASDAQ:DASH
323.9
294%
1.1
KR
Coupang Inc
NYSE:CPNG
81.2
83%
1

See Also

Summary
ZAL intrinsic value, competitors valuation, and company profile.
DCF Valuation
ZAL stock valuation using Discount Cash Flow valuation method.
Relative Valuation
ZAL stock valuation using valuation multiples.
Wall Street Estimates
ZAL price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
ZAL stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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