Zinzino AB (ZZ.B) AI Stock Analysis

• Market Cap: kr5.68B
• Dividend Yield: 2.54%
• Average Volume (3M): 111.67K
• Price to Earnings (P/E): 22.7
• Beta (1Y): 0.46
• Revenue Growth: 48.79%
• EPS Growth: 38.02%
• Country: SE
• Employees: 242
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Household & Personal Products
• EPS (TTM): 2.47
• Shares Outstanding: 31,206,148
• 10 Day Avg. Volume: 55,948
• 30 Day Avg. Volume: 111,671
• PEG Ratio: 8.26
• Price to Book (P/B): 7.49
• Price to Sales (P/S): 1.31
• P/FCF Ratio: 9.80
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 71 Outperform
• Price Target: kr188.00 ▲(10.33% Upside)

Zinzino AB's strong financial performance is the primary driver of its overall score, supported by robust revenue growth and profitability. Technical analysis indicates bullish momentum but warns of potential overbought conditions. The valuation is fair with a moderate P/E ratio and a reasonable dividend yield. The absence of earnings call and corporate events data limits further insights.

Positive Factors

Revenue Growth

Consistent revenue growth indicates expanding market reach and successful product adoption, supporting long-term business sustainability.

Cash Flow Generation

Strong cash flow generation enhances financial flexibility, enabling reinvestment in growth opportunities and resilience against economic downturns.

Balance Sheet Health

A low debt-to-equity ratio indicates prudent financial management, reducing risk and enhancing the company's ability to weather financial challenges.

Negative Factors

Gross Profit Margin Stability

Declining gross profit margins could indicate rising costs or pricing pressures, potentially impacting long-term profitability if not addressed.

Operating Cash Flow Coverage

Suboptimal cash flow coverage may limit the company's ability to cover its obligations, affecting financial stability and growth potential.

Leverage Concerns

Moderate leverage, while currently manageable, could become a risk if financial conditions worsen, impacting long-term financial health.

Zinzino AB Business Overview & Revenue Model

Company Description

Zinzino AB (ZZ.B) is a Swedish company specializing in health and wellness products, primarily focusing on nutritional supplements and functional food. The company operates in the direct sales sector, offering a range of products that include supplements, coffee, and skin care items. Zinzino emphasizes the importance of balanced nutrition and well-being, leveraging scientific research to formulate its products, which are marketed through a network of independent distributors across various countries.

How the Company Makes Money

Zinzino AB generates revenue through a multi-level marketing (MLM) model, where independent distributors earn commissions on their sales as well as on the sales made by their recruited team members. This creates a tiered structure that incentivizes distributors to expand their networks. Key revenue streams include direct sales of nutritional supplements, coffee, and skincare products, which are often sold through subscription services providing recurring income. Additionally, Zinzino benefits from partnerships with suppliers and researchers that enhance its product offerings and credibility, contributing to its market appeal and sales performance.

Zinzino AB Financial Statement Overview

Summary

Zinzino AB exhibits a strong financial position with robust revenue growth, stable profitability, and efficient cash management. The company's low leverage and high return on equity indicate financial stability and effective use of resources. While there is room for improvement in equity financing, the overall financial health of the company is solid, positioning it well for future growth.

Income Statement

Zinzino AB has demonstrated strong revenue growth with a TTM increase of 11.62%, indicating robust demand for its products. The company maintains healthy profitability with a gross profit margin of 31.43% and a net profit margin of 7.13% in the TTM. While the EBIT and EBITDA margins have slightly decreased compared to previous years, they remain solid at 9.47% and 10.65%, respectively. Overall, the income statement reflects a positive growth trajectory and stable profitability.

Balance Sheet

The balance sheet of Zinzino AB shows a strong equity position with a debt-to-equity ratio of 0.12, indicating low financial leverage and reduced risk. The return on equity is impressive at 47.98%, showcasing efficient use of shareholder funds. However, the equity ratio stands at 32.39%, suggesting room for improvement in asset financing through equity. The balance sheet reflects financial stability with a focus on equity financing.

Cash Flow

Zinzino AB's cash flow statement highlights a healthy free cash flow growth of 6.49% in the TTM, supporting its operational and investment activities. The operating cash flow to net income ratio is 1.77, indicating strong cash generation relative to net income. The free cash flow to net income ratio is high at 95.88%, reflecting efficient cash management. Overall, the cash flow statement demonstrates strong cash generation and effective cash utilization.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.02B	2.21B	1.76B	1.36B	1.29B	1.07B
Gross Profit	967.09M	732.48M	645.93M	378.45M	345.39M	284.36M
EBITDA	341.06M	253.59M	245.88M	117.02M	137.95M	108.63M
Net Income	243.96M	169.17M	163.74M	67.70M	86.20M	64.48M
Balance Sheet
Total Assets	1.60B	1.21B	842.13M	651.25M	605.21M	483.39M
Cash, Cash Equivalents and Short-Term Investments	529.23M	463.05M	321.24M	161.88M	235.73M	143.22M
Total Debt	47.31M	46.06M	61.38M	49.58M	38.94M	44.13M
Total Liabilities	1.02B	818.94M	578.34M	490.88M	453.49M	388.73M
Stockholders Equity	578.23M	386.14M	259.97M	154.45M	143.05M	87.42M
Cash Flow
Free Cash Flow	437.15M	295.19M	234.36M	17.92M	143.82M	92.43M
Operating Cash Flow	450.18M	309.11M	246.14M	42.86M	153.49M	97.31M
Investing Cash Flow	-113.84M	-98.67M	-11.92M	-35.42M	-11.98M	-9.38M
Financing Cash Flow	-112.71M	-68.63M	-74.87M	-81.28M	-49.00M	-21.55M

Zinzino AB Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 170.40
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:ZZ.B, the sentiment is Neutral. The current price of 170.4 is above the 20-day moving average (MA) of 159.95, above the 50-day MA of 148.82, and below the 200-day MA of 177.16, indicating a neutral trend. The MACD of 0.10 indicates Positive momentum. The RSI at 49.59 is Neutral, neither overbought nor oversold. The STOCH value of 30.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SE:ZZ.B.

Zinzino AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CLA.B	73 Outperform	kr12.31B	16.97	12.72%	2.74%	0.81%	57.02%
ZZ.B	71 Outperform	kr5.68B	22.70	51.65%	2.54%	48.79%	38.02%
VIVA	71 Outperform	kr3.20B	18.55	―	4.40%	19.47%	46.15%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
HUMBLE	59 Neutral	kr3.55B	80.45	0.87%	―	5.99%	-38.16%
MSON.B	58 Neutral	kr1.32B	-330.18	-0.17%	2.34%	-2.95%	-112.90%
DOXA	44 Neutral	kr559.21M	-0.39	-35.70%	―	-18.46%	4.90%