Zscaler, Inc. (ZS) Valuation — DCF, Graham & Comparables

Zscaler, Inc. (ZS) — Price $201.80 — Technology — Software - Infrastructure — NASDAQ

Latest reported results:

Valuation dashboard for Zscaler, Inc. (ZS) with P/E N/A, P/B 12.12, EV/EBITDA 134.83 and dividend yield 0.00%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Technology companies.

Globally recognized, Zscaler, Inc. functions as a leading provider of cloud-based security solutions. Its core offerings include Zscaler Internet Access (ZIA), which ensures secure connectivity for a diverse range of entities – including users, servers, operational technology (OT), and IoT devices – when accessing external resources like software-as-a-service (SaaS) applications and general internet destinations.

Analysis Summary

Zscaler, Inc. reported revenue of $3.35B in the most recent fiscal year, growing at a 5-year CAGR of 37.9%.

Trailing-twelve-month margins: gross margin 76.8%, operating margin -4.0%, net margin -1.9%.

At the current price of $201.80, ZS has negative trailing earnings (P/E not meaningful) and an ROE of -2.43%. Market capitalisation stands at $32.6B, placing it among large-cap names.

Balance sheet quality for ZS: current ratio of 1.7. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

Price / Book12.12
EV / EBITDA134.83
Dividend Yield0.00%

Valuation Models

DCF Fair Value$85.33
vs Current Price-57.7%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
ZSZscaler, Inc.$32.1B12.12-2.4%
FTNTFortinet, Inc.$132.8B63.7185.85187.9%
MPWRMonolithic Power Systems, Inc.$70.7B88.2218.1521.8%
CRWVCoreWeave, Inc. Class A Common Stock$48.9B9.83-45.4%
NXPINXP Semiconductors N.V.$61.4B20.795.4020.1%
EAElectronic Arts Inc.$52.9B48.437.4616.7%
DDOGDatadog, Inc.$98.7B561.6322.522.9%
TEAMAtlassian Corporation$46.6B46.75-4.4%

Price

Price$201.80
Market Cap$32.6B
ExchangeNASDAQ
CountryUS

Profitability

Return on Equity-2.43%
Return on Invested Capital-2.68%
Return on Assets-0.80%
Gross Margin76.80%
Operating Margin-3.98%
Net Margin-1.88%

Related companies: CRWV · DDOG · FTNT · MPWR · NXPI · TEAM

Explore sector: Technology · Software - Infrastructure

More sections of ZS: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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