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ZEP.WA$18.50+0.33%
Fair $18.50+0.0%

ZEP.WA

ZE PAK SA

Utilities / Utilities - Independent Power ProducersWarsaw

$18.50

+0.06 (+0.33%)

Fairly Valued+0.0%Fair Value $18.50Fund rank 25/100 · Data gapFallback financials|
SA 16/F
F-Score: 2/9
Declining RevenueLow Profitability

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 34% · confianza 18%

FCF escenarios

weak_data · normalized FCF $-533.2M · quality 45.3/100

Data gap 25/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 14/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

16/100

F

Piotroski

2/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 2unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified. Revenue has declined for 2 consecutive years ROE is -8.2%, below the 5% threshold
Thesis & Journal · ZEP.WALocal privado en este navegador · ZE PAK SA
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$940M

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-8.2%

↓

Gross Margin

8.6%

↓

Debt/Equity

0.30

↓
52-Week Range$19
$16$31

TradingView lightweight chart

ZEP.WA price, volumen y niveles de valoración

Último $18.50Periodo -28.6%
Fair value: $18.50

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

-21.3%

FCF CAGR

—

FCF margin

-40.0%

FCF / Net income

3.24x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $1.33B · net income $-164.5M · FCF $-533.2M

2022-FY → 2025-FY

Gross margin

8.6%-4.3% pts

Operating margin

-5.7%-15.2% pts

Net margin

-12.3%-19.7% pts

FCF margin

-40.0%-36.4% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$1.33B$1.33B$2.19B$3.11B$2.74B
Net Income$-164.5M$-164.5M$262.9M$745.1M$203.3M
EBITDA$-94.5M$-94.5M$284.6M$792.3M$385.0M
EPS-3.24-3.245.1714.664.00
Gross Margin8.6%8.6%16.6%39.2%13.0%
Operating Margin-5.7%-5.7%9.6%19.6%9.5%
Net Margin-12.3%-12.3%12.0%24.0%7.4%
Balance Sheet
Debt/Equity0.300.300.020.021.62
Current Ratio0.570.57———
Cash Flow
Free Cash Flow$-533.2M$-533.2M$2.9M$-1.01B$-98.5M
Returns
ROE-8.2%-8.2%12.1%39.0%28.1%
Valuation
P/E——2.761.435.69
EV/EBITDA——0.890.722.25
P/B0.470.470.330.561.60
Growth & Yield
Revenue Growth-39.0%-39.0%-29.6%13.3%—
EPS Growth-162.7%-162.7%-64.7%266.5%—

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total -26.9%

Total return

-26.9%

Start / end P/E

n/dx → n/dx

EPS bridge

5.17 → -3.24

Residual

-26.9%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-26.9%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.