Ermenegildo Zegna N.V. (ZGN) is a publicly traded company in the Consumer Cyclical — Apparel - Manufacturers industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Ermenegildo Zegna N.V., along with its affiliated entities, operates as a leading luxury fashion house. The company is engaged in the design, production, marketing, and global distribution of high-end menswear, footwear, leather goods, and assorted accessories, primarily under its distinguished Zegna and Thom Browne labels.
Is Ermenegildo Zegna N.V. stock overvalued or undervalued in 2026?
Ermenegildo Zegna N.V. (ZGN) trades at 43.1× earnings (P/E), above the median of the 209 consumer cyclicals companies over $2bn in Kaplio's universe. At its sector median (17.9×) $6 (-59 %).
Kaplio overview: Ermenegildo Zegna N.V.
Market cap $4B · 52 weeks $9 – $15 (13 % below the high) · P/E 43.1× · 2027 expected P/E 22.5× · Dividend 1.0 % · Next earnings April 8, 2027 · expected EPS $0.32 · Closing price, Oct 28 · accounts published Sep 3.
- Valuation: P/E 43.1× (expensive).
- Business: 5-year ROIC 3.7 % (weak).
- Balance sheet: Net debt/EBITDA 1.9× (solid).
- Earnings: 5 of 8 (uneven).
What would it be worth at its usual multiples?
At its sector median (17.9×) $6 (-59 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in consumer cyclicals: 3 of 7 pass
- 5y avg operating margin 6.1 %, fails.
- Inventory turnover 1.6×, fails.
- 5y avg ROIC 3.7 %, fails.
- Current Ratio 1.47, borderline.
- Net debt / EBITDA 1.9×, passes.
- Altman Z-Score 2.2, passes.
- EV/Sales vs history 1.6×, passes.
- P/E read in reverse (cyclicals) 43.1×, info.
Against its peers (reference peers) — Ermenegildo Zegna N.V.: P/E 43.1×; EV/EBITDA 10.0×; ROIC 5.1 %; $3.6B. Columbia Sportswear Company (P/E 15.8×; EV/EBITDA 9.2×; ROIC 9.3 %; $3.1B), Greif, Inc. (P/E 4.7×; EV/EBITDA 9.2×; ROIC 2.1 %; $3.8B), American Eagle Outfitters, Inc. (P/E 9.9×; EV/EBITDA 7.2×; ROIC 10.7 %; $3.3B).
Expensive or cheap against its last 2 years?
P/E at each close: today 43.1× · median 11.7× · minimum 7.8× · maximum 43.1× · cheap below 10.2× · expensive above 15.4×. It has been cheaper than today 100% of the time over its last 2 years.
Dividend
tight (only raised recently) · Yield 1.0 % ($0.13 per ADS in 2025) · 5-year growth +71 % a year · Free cash flow coverage 7.0× · With $1,000 invested today you'd collect $10.00 a year ($0.83 a month).
Profitability
| Return on Equity | 7.60% |
| Return on Invested Capital | 5.10% |
| Return on Assets | 2.54% |
| Gross Margin | 56.02% |
| Operating Margin | 8.53% |
| Net Margin | 3.96% |
Financial Health
| Debt / Equity | 1.11 |
| Current Ratio | 1.47 |
| Piotroski F-Score | 6 |
| Altman Z-Score | 2.17 |
Price Performance
| 1 month | +5.23% |
| 3 months | -9.72% |
| Year-to-date | +29.56% |
| 1 year | +28.31% |
| 3 years | +18.78% |
Dividend History
Paid in the last 12 months: $0.1371 per share in 1 payments.
| Date | Amount |
|---|---|
| 2026-07-06 | $0.1371 |
| 2025-07-07 | $0.1415 |
| 2024-07-05 | $0.1289 |
| 2023-07-05 | $0.1087 |
| 2023-02-27 | $0.1000 |
| 2022-07-05 | $0.0923 |
Amounts adjusted for stock splits.
Related companies: COLM · SHOO · GEF · LCII · AEO · UAA
Explore sector: Consumer Cyclical · Apparel - Manufacturers
More sections of ZGN: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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