Zalando SE ZAL.DE
Zalando SE statistics & valuation
Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (€14.61); a green figure means the price is below it.
Profitability & efficiency
Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).
P / E vs its own history
Zalando SE trades at about 29.2× earnings — below its 10-year norm (10-year range 29.7×–709.8×, median 58.4×).
Shaded band = 10-year range (29.7×–709.8×); dot = today's 29.2×.
Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.
Key ratios (by fiscal year)
| Ratio | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Gross margin | 39.9% | 40.7% | 38.7% | 39.2% |
| Operating margin | 3.1% | 3.7% | 1.9% | 0.8% |
| Net margin | 1.7% | 2.4% | 0.8% | 0.2% |
| FCF margin | 7.3% | 4.2% | 6.8% | 1.0% |
| Return on assets | 2.3% | 3.1% | 1.1% | 0.2% |
| Return on equity | 7.6% | 9.4% | 3.5% | 0.8% |
| Debt / equity | 0.17× | 0.18× | 0.40× | 0.42× |
| Current ratio | 1.11 | 1.37 | 1.49 | 1.44 |
Computed from company filings · DE · as of 2025-12-31. Figures in EUR. Facts plus Stocktoria's own computed scores — not investment advice.