ZTO Relative Valuation
ZTO's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, ZTO is overvalued; if below, it's undervalued.
Historical Valuation
ZTO Express (Cayman) Inc (ZTO) is now in the Undervalued zone, suggesting that its current forward PE ratio of 12.40 is considered Undervalued compared with the five-year average of 18.12. The fair price of ZTO Express (Cayman) Inc (ZTO) is between 25.94 to 45.55 according to relative valuation methord. Compared to the current price of 21.14 USD , ZTO Express (Cayman) Inc is Undervalued By 18.5%.
Relative Value
Fair Zone
25.94-45.55
Current Price：21.14
18.5%
Undervalued
12.63
PE
1Y
3Y
5Y
Trailing
Forward
6.80
EV/EBITDA
ZTO Express (Cayman) Inc. (ZTO) has a current EV/EBITDA of 6.80. The 5-year average EV/EBITDA is 10.61. The thresholds are as follows: Strongly Undervalued below 2.51, Undervalued between 2.51 and 6.56, Fairly Valued between 14.67 and 6.56, Overvalued between 14.67 and 18.72, and Strongly Overvalued above 18.72. The current Forward EV/EBITDA of 6.80 falls within the Historic Trend Line -Fairly Valued range.
8.78
EV/EBIT
ZTO Express (Cayman) Inc. (ZTO) has a current EV/EBIT of 8.78. The 5-year average EV/EBIT is 14.82. The thresholds are as follows: Strongly Undervalued below 2.01, Undervalued between 2.01 and 8.42, Fairly Valued between 21.23 and 8.42, Overvalued between 21.23 and 27.64, and Strongly Overvalued above 27.64. The current Forward EV/EBIT of 8.78 falls within the Historic Trend Line -Fairly Valued range.
2.20
PS
ZTO Express (Cayman) Inc. (ZTO) has a current PS of 2.20. The 5-year average PS is 3.46. The thresholds are as follows: Strongly Undervalued below 1.39, Undervalued between 1.39 and 2.43, Fairly Valued between 4.49 and 2.43, Overvalued between 4.49 and 5.53, and Strongly Overvalued above 5.53. The current Forward PS of 2.20 falls within the Undervalued range.
8.06
P/OCF
ZTO Express (Cayman) Inc. (ZTO) has a current P/OCF of 8.06. The 5-year average P/OCF is 12.78. The thresholds are as follows: Strongly Undervalued below 2.39, Undervalued between 2.39 and 7.58, Fairly Valued between 17.98 and 7.58, Overvalued between 17.98 and 23.18, and Strongly Overvalued above 23.18. The current Forward P/OCF of 8.06 falls within the Historic Trend Line -Fairly Valued range.
13.54
P/FCF
ZTO Express (Cayman) Inc. (ZTO) has a current P/FCF of 13.54. The 5-year average P/FCF is 4.16. The thresholds are as follows: Strongly Undervalued below -246.28, Undervalued between -246.28 and -121.06, Fairly Valued between 129.39 and -121.06, Overvalued between 129.39 and 254.61, and Strongly Overvalued above 254.61. The current Forward P/FCF of 13.54 falls within the Historic Trend Line -Fairly Valued range.
ZTO Express (Cayman) Inc (ZTO) has a current Price-to-Book (P/B) ratio of 1.80. Compared to its 3-year average P/B ratio of 2.18 , the current P/B ratio is approximately -17.47% higher. Relative to its 5-year average P/B ratio of 2.55, the current P/B ratio is about -29.38% higher. ZTO Express (Cayman) Inc (ZTO) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of 4.92%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of 2.78% , the current FCF yield is about -100.00% lower.
1.83
P/B
Median3y
2.18
Median5y
2.55
4.64
FCF Yield
Median3y
4.92
Median5y
2.78
Competitors Valuation Multiple
The average P/S ratio for ZTO's competitors is , providing a benchmark for relative valuation. ZTO Express (Cayman) Inc Corp (ZTO) exhibits a P/S ratio of , which is NaN% above the industry average. Given its robust revenue growth of 11.23%, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of ZTO increased by 7.47% over the past 1 year. The primary factor behind the change was an increase in Revenue Growth from 1.49B to 1.66B.
The secondary factor is the P/E Change, contributed 0.23%to the performance.
Overall, the performance of ZTO in the past 1 year is driven by Revenue Growth. Which is more sustainable.
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FAQ
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