Zalando SE (ADR)

Factors to consider:

• Price in estimated range
• Earnings for 9 months up through Q3 are below our estimates

Stock Forecast*

* forecast is subjective and experimental, should not be used for any investment decisions

Long term estimates were made for the period from 2024-12-31 to 2026-12-31

• 2024-12-31 to 2025-12-31 estimated range: [11.65$, 20.75$]
• 2025-12-31 to 2026-12-31 estimated range: [12.71$, 22.50$]

Financial Metrics affecting the ZLNDY estimates:

• Positive: with PPE of 32.9 at the end of fiscal year the price was very low
• Positive: -3.60 < Operating profit margin, % of 3.71
• Negative: 0 < Inventory ratio change, % of 0.35
• Positive: 6.82 < Operating cash flow per share per price, % of 7.69
• Positive: 1.87 < Return on assets ratio (scaled to [-100,100]) of 3.05
• Negative: Industry inventory ratio change (median), % of 3.21 > 0.28
• Negative: Industry operating cash flow per share per price (median), % of 1.05 <= 5.52
• Negative: 0.79 < Interest expense per share per price, % of 1.10