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ZEAL Network SE (TIMA.DE)
EUR44.00
-0.70 (-1.57%)
DE XETRA Consumer Cyclical Gambling, Resorts & Casinos
Address
Strassenbahnring 11 20251
Hamburg, BW, DE
Hamburg, BW, DE
CEO
Stefan Tweraser
Website
zealnetwork.de
IPO
1998-12-16
ISIN DE000ZEAL241
Also trades on
Deutsche Börse · TIMA.DE (EUR)
London Stock Exchange · 0QJQ.L (EUR)
Description
ZEAL Network SE engages in the online lottery brokerage business in Germany. The company operates through three segments: Germany, ONCE, and ZEAL Ventures. The company’s lottery products include LOTTO 6aus49, Spiel 77, Super 6, Eurojackpot, GlücksSpirale, Keno, lotterys clubs, instant lotteries, and Deutsche Fernsehlotterie, as well as charity lotteries comprises freiheit+ and Traumhausverlosung. It also engages in the operation of portals, such as Lotto24 and Tipp24 online lottery brokerage business; operation of games; and online lottery operation for the national organizations, as well as invests in lottery-related start-ups. The company was formerly known as Tipp24 SE and changed its name to ZEAL Network SE in November 2014. ZEAL Network SE was founded in 1999 and is headquartered in Hamburg, Germany.
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
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Signal Summary
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| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
EUR44.00
-0.70 (-1.57%)
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Volume Profile
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Liquidity & share structure
Average Volume
2.3K
Beta
0.27
Float Shares
10.64M
Free Float %
50.4%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -2.01% | +0.41% | -0.81% | -0.41% | -1.81% | -3.56% | +4.27% | +38.24% | +31.71% | +30.55% | +800.37% |
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From
To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow
Revenue by geography
Revenue by segment
From
To
Revenue composition
From
To
By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Price Targets & DCF
Current price
44.00
DCF (Unlevered)
234.04
+431.9%
DCF (Levered)
389.86
+786.0%
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
Ratings Trend (MoM)
100% Bullish
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 1 | 0 |
| Buy | 5 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
Quality scores
Altman Z-Score
4.37
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
7 / 10
Strong MOAT
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
-
Revenue growth Gambling, Resorts & Casinos: +5.3%+16.1% ★ Q1'26: +6.2% (vs Q1'25)
-
EPS growth Gambling, Resorts & Casinos: +9.4%-26.7% Q1'26: -17.0% (vs Q1'25)
-
FCF margin FCF growth · Gambling, Resorts & Casinos: +17.3%+22.9% Q1'26: -2.0% (vs Q1'25)
-
EBIT margin Gambling, Resorts & Casinos: +17.5%+26.8% ★ Q1'26: +24.2% (vs Q1'25)
-
ROIC Gambling, Resorts & Casinos: +8.0%+21.8% ★ Q1'26: +17.1% (vs Q1'25)
-
Share dilution Gambling, Resorts & Casinos: +0.3%-2.4% ★ Q1'26: +1.8% (vs Q1'25)
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Debt / EBITDA Net debt/EBITDA · Gambling, Resorts & Casinos: 0.94×1.31× ★ Q1'26: 1.37× (vs Q1'25)
Valuation Multiples
From
To
Price Forecast (3Y)
From
To
Theoretical Return — If Invested Today
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
Consensus Estimates
| Metric |
Dec 2009 actual |
Dec 2010 actual |
Dec 2011 actual |
Dec 2012 actual |
Dec 2013 actual |
Dec 2014 actual |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 5 Rev. Ana. 5 EPS Ana. |
Dec 2027 5 Rev. Ana. 5 EPS Ana. |
Dec 2028 4 Rev. Ana. 5 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
89.55M
est: 76.73M (+16.7%)
|
104.37M
est: 103.19M (+1.1%)
|
155.23M
est: 133.95M (+15.9%)
|
142.73M
est: 140.54M (+1.6%)
|
129.93M
est: 129.23M (+0.5%)
|
140.70M
est: 141.15M (-0.3%)
|
88.96M
est: 110.82M (-19.7%)
|
112.94M
est: 112.94M (+0.0%)
|
134.30M
est: 137.90M (-2.6%)
|
154.75M
est: 158.50M (-2.4%)
|
113.48M
est: 113.48M (+0.0%)
|
87.02M
est: 86.93M (+0.1%)
|
83.59M
est: 86.48M (-3.3%)
|
105.20M
est: 105.20M (+0.0%)
|
116.05M
est: 138.41M (-16.2%)
|
188.20M
est: 181.32M (+3.8%)
|
218.45M
est: 214.19M (+2.0%)
|
253.42M
242.30M – 258.86M
+18.3% YoY
|
286.03M
268.64M – 292.77M
+12.9% YoY
|
320.04M
319.08M – 320.99M
+11.9% YoY
|
| EBITDA |
28.07M
est: 20.55M (+36.6%)
|
36.18M
est: 37.49M (-3.5%)
|
60.02M
est: 43.95M (+36.6%)
|
64.19M
est: 60.76M (+5.7%)
|
5.23M
est: 61.59M (-91.5%)
|
27.00M
est: 26.66M (+1.3%)
|
50.27M
est: 10.35M (+385.6%)
|
38.91M
est: 4.36M (+792.9%)
|
26.82M
est: 39.41M (-32.0%)
|
39.34M
est: 30.97M (+27.0%)
|
18.10M
est: 27.96M (-35.3%)
|
20.60M
est: 10.93M (+88.6%)
|
26.84M
est: 12.92M (+107.8%)
|
32.24M
est: 14.67M (+119.7%)
|
33.11M
est: 42.88M (-22.8%)
|
61.87M
est: 56.06M (+10.4%)
|
67.16M
est: 66.36M (+1.2%)
|
78.51M
75.07M – 80.20M
+18.3% YoY
|
88.62M
83.23M – 90.71M
+12.9% YoY
|
99.15M
98.86M – 99.45M
+11.9% YoY
|
| EBIT |
25.24M
est: 14.53M (+73.7%)
|
33.32M
est: 30.89M (+7.8%)
|
53.03M
est: 39.33M (+34.8%)
|
57.14M
est: 54.45M (+4.9%)
|
19.16M
est: 53.40M (-64.1%)
|
12.69M
est: 20.74M (-38.8%)
|
20.72M
est: 14.72M (+40.8%)
|
36.75M
est: 53.34M (-31.1%)
|
25.57M
est: 36.90M (-30.7%)
|
38.19M
est: 29.38M (+30.0%)
|
8.72M
est: 27.60M (-68.4%)
|
8.18M
est: 6.12M (+33.5%)
|
18.15M
est: 7.24M (+150.7%)
|
23.51M
est: 8.23M (+185.8%)
|
23.86M
est: 33.19M (-28.1%)
|
53.68M
est: 43.39M (+23.7%)
|
58.47M
est: 51.36M (+13.8%)
|
60.77M
58.11M – 62.08M
+18.3% YoY
|
68.59M
64.42M – 70.21M
+12.9% YoY
|
76.75M
76.52M – 76.98M
+11.9% YoY
|
| Net Income |
17.48M
est: 10.77M (+62.3%)
|
19.55M
est: 23.40M (-16.5%)
|
36.34M
est: 25.44M (+42.8%)
|
40.89M
est: 38.09M (+7.4%)
|
10.19M
est: 38.66M (-73.6%)
|
5.32M
est: 10.85M (-51.0%)
|
1.35M
est: 4.09M (-67.1%)
|
25.95M
est: 1.68M (+1,449.3%)
|
17.18M
est: 26.34M (-34.8%)
|
26.66M
est: 20.05M (+33.0%)
|
1.46M
est: 19.21M (-92.4%)
|
8.16M
est: 986.2K (+727.6%)
|
10.79M
est: 1.17M (+825.2%)
|
15.96M
est: 12.17M (+31.2%)
|
12.85M
est: 43.87M (-70.7%)
|
58.39M
est: 49.54M (+17.9%)
|
41.71M
est: 37.17M (+12.2%)
|
40.74M
39.61M – 42.61M
+9.6% YoY
|
50.98M
48.71M – 51.46M
+25.1% YoY
|
59.10M
55.02M – 63.28M
+15.9% YoY
|
| SGA |
—
est: 19.75M (-100.0%)
|
—
est: 10.03M (-100.0%)
|
7.81M
est: 14.93M (-47.7%)
|
5.92M
est: 62.43M (-90.5%)
|
6.77M
est: 37.52M (-82.0%)
|
10.73M
est: 40.53M (-73.5%)
|
9.96M
est: 35.09M (-71.6%)
|
14.83M
est: 12.39M (+19.7%)
|
19.13M
est: 15.05M (+27.1%)
|
19.67M
est: 22.32M (-11.9%)
|
21.71M
est: 14.17M (+53.2%)
|
32.18M
est: 14.66M (+119.5%)
|
22.36M
est: 17.33M (+29.0%)
|
34.13M
est: 19.69M (+73.3%)
|
36.02M
est: 44.98M (-19.9%)
|
56.91M
est: 58.80M (-3.2%)
|
91.79M
est: 69.60M (+31.9%)
|
82.35M
78.74M – 84.12M
+18.3% YoY
|
92.95M
87.30M – 95.14M
+12.9% YoY
|
104.00M
103.69M – 104.31M
+11.9% YoY
|
| EPS |
2.26
est: 1.61 (+40.2%)
|
2.53
est: 1.53 (+65.2%)
|
4.55
est: 2.36 (+92.5%)
|
5.12
est: 5.01 (+2.2%)
|
1.23
est: 1.72 (-28.5%)
|
0.63
est: 0.86 (-27.0%)
|
0.16
est: 2.35 (-93.2%)
|
3.09
est: 2.88 (+7.1%)
|
2.04
est: 1.69 (+20.7%)
|
3.19
est: 3.03 (+5.3%)
|
0.09
est: 0.08 (+1.7%)
|
0.37
est: 0.32 (+14.4%)
|
0.48
est: 0.54 (-11.3%)
|
0.72
est: 0.66 (+9.6%)
|
0.59
est: 2.04 (-71.1%)
|
2.70
est: 2.40 (+12.7%)
|
1.98
est: 1.80 (+10.2%)
|
1.96
1.88 – 2.02
+8.9% YoY
|
2.37
2.31 – 2.44
+21.2% YoY
|
2.79
2.61 – 3.00
+17.8% YoY
|
Historical Ratings (3M)
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-08 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 2/5 | 2/5 | 1/5 |
| 2026-05-07 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 2/5 | 2/5 | 1/5 |
| 2026-05-06 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 2/5 | 2/5 | 1/5 |
| 2026-05-05 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 2/5 | 2/5 | 1/5 |
| 2026-05-04 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 2/5 | 2/5 | 1/5 |
| 2026-04-30 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 2/5 | 2/5 | 1/5 |
| 2026-04-29 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-28 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-27 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 2/5 | 2/5 | 1/5 |
| 2026-04-24 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-23 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-22 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-21 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-20 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-17 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-16 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 1/5 | 2/5 | 2/5 |
Owner Earnings
Owner's Earnings (history)
From
To
Owner alignment
Owner's Earnings TTM
61.03M
OE per share TTM
2.90
Owner's Yield
5.71%
Maintenance CapEx ratio
0.77%
Maint CapEx / Avg PPE
3.7%
Ownership Overview
Ownership breakdown
Ownership breakdown not available.
At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional ownership trend
Institutional history not available.
Top institutional holders
Top holders not available.
ETF Ownership
Top ETFs holding this stock
Held by 6 ETFs in our universe
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Dimensional International Sustainability Core 1 ETF DFSI | 0.00% | 33.4K | 0.24% |
| 2 | Dimensional - International Small Cap ETF DFIS | 0.00% | 167.1K | 0.39% |
| 3 | Dimensional - International Vector Equity ETF DXIV | 0.00% | 4.2K | 0.53% |
| 4 | Dimensional World ex U.S. Core Equity 2 ETF DFAX | 0.00% | 81.1K | 0.28% |
| 5 | Dimensional - International Core Equity 2 ETF DFIC | 0.00% | 81.1K | 0.22% |
| 6 | Dimensional - International Core Equity Market ETF DFAI | 0.00% | — | 0.18% |
Insider Activity
Insider Activity — Latest Quarter
No insider activity available.
Insider buys vs sells (history)
Insider history not available.
Recent insider transactions
No recent insider transactions.
Executive team
Top executives
EBIT / Employee
220.7K
Shares Outstanding
21.10M
Executive compensation
Executive compensation (annual)
Executive compensation not available.
CEO compensation breakdown
No CEO compensation history available.
Proxy statements
Proxy statements (DEF 14A)
No proxy statements available for this company yet.
Recent SEC filings
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Paul Dingwitz | Chief Technology Officer & Member of Management Board | 665.0K | male |
| Stefan Tweraser | Chief Executive Officer & Chairman of Management Board | 574.0K | — |
| Andrea Behrendt | Chief Financial Officer & Member of Management Board | 384.6K | female |
| Frank Hoffmann | Senior Investor Relations Manager | — | male |
| Matt Drage | Head of Communications | — | — |
| Yvonne Grobbels | Director of People & Culture | — | — |
| Carsten Muth | General Councel & Compliance Officer | — | male |
| Dirk Reiche | Investment Director | — | male |
ESG Score History
No data available for this company.
Senate Trading Activity
No Senate trading activity found for this company.
House Trading Activity
No House trading activity found for this company.
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion
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Community Opinion for TIMA.DE
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
