Subscribe

Zalando SE (ZAL.DE)

EUR27.28 +0.10 (+0.37%)
DE XETRA Consumer Cyclical Specialty Retail
Address Valeska-Gert-Straße 5 10243
Berlin, DE
CEO Robert Gentz
IPO 2014-10-01
ISIN DE000ZAL1111

Explore sections of this company profile

Also trades on Deutsche Börse · ZAL.DE (EUR) Other OTC · ZLDSF (USD) Other OTC · ZLNDY (USD) Swiss Exchange · ZAL.SW (EUR) Warsaw Stock Exchange · ZAL.WA (PLN)
Description

Zalando SE functions as a leading e-commerce platform focused on fashion and lifestyle merchandise. It offers an extensive range of apparel, footwear, accessories, and beauty products, all provided with complimentary delivery and a straightforward return policy. Beyond its primary online presence, the company also retails items through its Zalando Lounge service and a network of physical outlet stores situated in various German cities, including Berlin, Frankfurt, Cologne, Leipzig, Hamburg, Hanover, Münster, Stuttgart, Mannheim, and Ulm. The enterprise caters to consumers across 23 nations, specifically: Austria, Belgium, Croatia, Czechia, Denmark, Estonia, Finland, France, Germany, Ireland, Italy, Latvia, Lithuania, Luxembourg, the Netherlands, Norway, Poland, Slovakia, Slovenia, Spain, Sweden, Switzerland, and the United Kingdom. Established in 2008, Zalando SE's corporate headquarters are located in Berlin, Germany.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
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
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
EUR27.28 +0.10 (+0.37%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
2M
Beta
1.55
Float Shares
226.15M
Free Float %
87.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-5.57% -4.86% -13.68% -6.95% -19.54% -22.61% -40.73% -39.85% -77.19% -31.89% +218.08%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (1 ratings, all time) Sell
Price Targets & DCF
Current price
27.28
DCF (Unlevered) 23.38 -14.3%
DCF (Levered) 41.45 +51.9%

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) 79% Bullish
Rating 2026-05 Change
Strong Buy 4 0
Buy 15 0
Hold 5 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.46
Grey zone
Piotroski F-Score
5 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
2 / 5
Medium
ROA Score
4 / 5
High
D/E Score
3 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Specialty Retail: +6.4%
    +16.8% Q1'26: +23.8% (vs Q1'25)
  • EPS growth Specialty Retail: +20.6%
    -14.6% Q1'26: -950.0% (vs Q1'25)
  • FCF margin FCF growth · Specialty Retail: +29.3%
    +7.8% Q1'26: -15.8% (vs Q1'25)
  • EBIT margin Specialty Retail: +5.4%
    +3.4% Q1'26: +4.3% (vs Q1'25)
  • ROIC Specialty Retail: +6.5%
    +10.4% Q1'26: +15.5% (vs Q1'25)
  • Share dilution Specialty Retail: +0.1%
    +0.6% Q1'26: +4.3% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Specialty Retail: 0.14×
    1.77× Q1'26: 1.41× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
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.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.53) × ERP
WACC = 79% × Ke + 21% × Kd (5.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 23.24 Current price: 27.28
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric 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
22 Rev. Ana.
15 EPS Ana.
Dec 2027
23 Rev. Ana.
16 EPS Ana.
Dec 2028
20 Rev. Ana.
17 EPS Ana.
Dec 2029
11 Rev. Ana.
13 EPS Ana.
Dec 2030
11 Rev. Ana.
7 EPS Ana.
Revenue
2.21B
est: 2.25B (-1.4%)
2.96B
est: 2.96B (-0.2%)
3.64B
est: 3.65B (-0.2%)
4.49B
est: 4.50B (-0.2%)
5.39B
est: 5.37B (+0.4%)
6.48B
est: 6.47B (+0.2%)
7.98B
est: 7.92B (+0.8%)
10.35B
est: 10.32B (+0.4%)
10.34B
est: 10.39B (-0.5%)
10.14B
est: 10.22B (-0.7%)
10.57B
est: 10.52B (+0.5%)
12.35B
est: 12.33B (+0.1%)
14.01B
13.82B – 14.32B
+13.6% YoY
14.83B
14.26B – 15.46B
+5.9% YoY
15.64B
15.61B – 15.67B
+5.5% YoY
16.56B
16.13B – 17.10B
+5.9% YoY
17.23B
16.78B – 17.79B
+4.0% YoY
EBITDA
88.30M
est: 139.19M (-36.6%)
126.70M
est: 106.07M (+19.5%)
253.80M
est: 144.99M (+75.1%)
243.70M
est: 279.36M (-12.8%)
206.20M
est: 268.67M (-23.3%)
363.90M
est: 214.68M (+69.5%)
596.20M
est: 381.35M (+56.3%)
660.20M
est: 446.50M (+47.9%)
395.30M
est: 524.55M (-24.6%)
572.50M
est: 614.97M (-6.9%)
811.30M
est: 633.74M (+28.0%)
812.80M
est: 742.25M (+9.5%)
843.18M
832.23M – 861.89M
+13.6% YoY
892.82M
858.69M – 930.75M
+5.9% YoY
941.52M
939.56M – 943.48M
+5.5% YoY
996.96M
971.05M – 1.03B
+5.9% YoY
1.04B
1.01B – 1.07B
+4.0% YoY
EBIT
62.20M
est: 74.61M (-16.6%)
92.50M
est: 83.38M (+10.9%)
206.00M
est: 110.18M (+87.0%)
191.80M
est: 254.86M (-24.7%)
121.50M
est: 224.21M (-45.8%)
175.50M
est: 143.44M (+22.4%)
367.00M
est: 197.22M (+86.1%)
424.80M
est: 230.91M (+84.0%)
99.50M
est: 271.28M (-63.3%)
238.50M
est: 309.40M (-22.9%)
461.40M
est: 318.84M (+44.7%)
415.20M
est: 373.43M (+11.2%)
424.21M
418.71M – 433.63M
+13.6% YoY
449.19M
432.01M – 468.27M
+5.9% YoY
473.69M
472.71M – 474.68M
+5.5% YoY
501.58M
488.55M – 517.96M
+5.9% YoY
521.83M
508.27M – 538.87M
+4.0% YoY
Net Income
47.10M
est: 47.39M (-0.6%)
121.50M
est: 63.24M (+92.1%)
120.50M
est: 149.41M (-19.4%)
103.10M
est: 148.24M (-30.4%)
51.40M
est: 123.34M (-58.3%)
99.70M
est: 61.85M (+61.2%)
226.10M
est: 118.67M (+90.5%)
234.50M
est: 138.94M (+68.8%)
16.80M
est: 82.30M (-79.6%)
83.00M
est: 151.70M (-45.3%)
251.10M
est: 288.81M (-13.1%)
215.10M
est: 334.30M (-35.7%)
302.19M
279.28M – 485.47M
-9.6% YoY
448.29M
371.03M – 603.95M
+48.3% YoY
559.92M
493.17M – 792.40M
+24.9% YoY
788.53M
761.89M – 822.00M
+40.8% YoY
913.96M
883.08M – 952.75M
+15.9% YoY
SGA
903.00M
est: 286.42M (+215.3%)
1.25B
est: 1.21B (+2.9%)
1.42B
est: 1.53B (-7.8%)
1.77B
est: 1.74B (+1.8%)
2.17B
est: 2.12B (+2.3%)
2.59B
est: 2.61B (-0.6%)
980.10M
est: 3.09B (-68.3%)
1.32B
est: 3.62B (-63.4%)
1.27B
est: 4.25B (-70.0%)
1.24B
est: 1.73B (-28.0%)
1.49B
est: 1.78B (-16.1%)
4.07B
est: 2.08B (+95.6%)
2.37B
2.34B – 2.42B
+13.6% YoY
2.51B
2.41B – 2.61B
+5.9% YoY
2.64B
2.64B – 2.65B
+5.5% YoY
2.80B
2.73B – 2.89B
+5.9% YoY
2.91B
2.84B – 3.01B
+4.0% YoY
EPS
0.21
est: 0.18 (+16.0%)
0.49
est: 0.32 (+52.9%)
0.49
est: 0.59 (-16.5%)
0.42
est: 0.53 (-20.1%)
0.21
est: 0.29 (-28.8%)
0.40
est: 0.40 (+0.8%)
0.90
est: 0.94 (-4.5%)
0.91
est: 1.00 (-9.3%)
0.07
est: 0.24 (-73.3%)
0.32
est: 0.58 (-45.2%)
0.97
est: 1.09 (-11.2%)
0.83
est: 1.26 (-34.4%)
1.51
1.06 – 1.84
+19.7% YoY
1.92
1.41 – 2.29
+26.7% YoY
2.36
1.87 – 3.01
+23.2% YoY
3.00
2.89 – 3.12
+26.7% YoY
3.47
3.36 – 3.62
+15.9% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-07 B 3/5 4/5 2/5 4/5 3/5 1/5 3/5
2026-05-06 B+ 3/5 4/5 3/5 4/5 2/5 2/5 3/5
2026-05-05 B+ 3/5 4/5 3/5 4/5 2/5 2/5 3/5
2026-05-04 B+ 3/5 4/5 3/5 4/5 2/5 2/5 3/5
2026-04-30 B+ 3/5 4/5 3/5 4/5 2/5 2/5 3/5
2026-04-29 B 3/5 4/5 3/5 4/5 1/5 2/5 3/5
2026-04-28 B 3/5 4/5 3/5 4/5 1/5 2/5 3/5
2026-04-27 B 3/5 4/5 3/5 4/5 1/5 2/5 3/5
2026-04-24 B 3/5 4/5 3/5 4/5 1/5 2/5 3/5
2026-04-23 B 3/5 4/5 3/5 4/5 1/5 2/5 3/5
2026-04-22 B 3/5 4/5 3/5 4/5 1/5 2/5 3/5
2026-04-21 B 3/5 4/5 3/5 4/5 1/5 2/5 3/5
2026-04-20 B 3/5 4/5 3/5 4/5 1/5 2/5 3/5
2026-04-17 B 3/5 4/5 3/5 4/5 1/5 2/5 3/5
2026-04-16 B 3/5 4/5 3/5 4/5 1/5 2/5 3/5
2026-04-15 B 3/5 4/5 3/5 4/5 1/5 2/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.25B
OE per share TTM
4.83
Owner's Yield
23.89%
Maintenance CapEx ratio
102.67%
Maint CapEx / Avg PPE
17.5%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
1
Total invested
833.3K
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2025 Q4
Investors holding
1
+0 vs prev Q
New positions
0
Closed positions
0
Increased
0
Reduced
0
Put/Call ratio
0.00
Calls held
Puts held
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 GARDNER RUSSO & QUINN LLC 28.0K +— (+0.0%) 833.3K -22.4K (-2.6%) 0.01% +0.001 pp 0.01% 0.000 pp EUR27.81 -8.9% 3 qtrs
Ownership breakdown by holder

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
26.9K
Shares Outstanding
258.15M

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

NameTitleCompensationGender
David Schroder Co-CEO & Member of the Management Board 1M male
Robert Gentz Co-Founder, Co-CEO, GM & Member of the Management Board 1M male
Astrid Arndt Chief People Officer of Corporate Functions & Member of Management Board 1M
David Schneider Co-Founder, GM & Member of the Management Board 647.4K male
Anna Lordanova Dimitrova Chief Financial Officer & Member of Management Board 608.7K female
Simon Thiel Senior Vice-President of Corporate Affairs
Birgit Opp Vice President of Corporate Finance & Investor Relations female
Lena Wallenhorst Senior Vice President of Corporate Governance & General Counsel
Martin Rost Senior Vice President of Offprice (Zalando Lounge & Outlets) male
Patrick Kofler Head of Investor Relations 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

Share your view on this stock and instantly see how the community has voted over the last 6 months.

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.

Dividend history

Earnings history

Earnings reports

Stock splits