Zalando SE
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Zalando SE's yearly results (2022–2025), compared with companies in Germany. Tap ? on any ratio for what it means.
What stands out
- Cash Locked Ratio: Money owed to suppliers is larger than money owed by customers plus stock: €10 per €100 of sales comes from others' credit, against €4 from others' credit three years earlier. Less money tied up than 98% of companies in Germany.
- Cash Cushion Ratio: Cash, after subtracting all debt, equals 8% of its market value (net cash). Higher than 95% of companies in Germany.
Where €100 of sales goes
Latest year (Dec 2025). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
—Loss-making or profit too small
Over the last 3 years profit was a loss or under 2% of sales, so cash per 100 of profit is not meaningful.
Self-Funding Ratio
3.9×Over the last 3 years its own operating cash covered its investment spending (capex) 3.9 times.
Higher than 81% of companies in Germany.
Cash Locked Ratio
−€10Money owed to suppliers is larger than money owed by customers plus stock: €10 per €100 of sales comes from others' credit, against €4 from others' credit three years earlier.
Less money tied up than 98% of companies in Germany.
Growth quality
Steadiness Ratio
2/3 · 2/3Sales grew in 2 of the last 3 years; profit grew in 2 of 3.
Steadier than 57% of companies in Germany.
Growth Efficiency Ratio
€10Sales grew 19% in 3 years; of every extra €100 of sales, €10 became extra profit.
Lower than 66% of companies in Germany.
Asset Productivity Ratio
+19% / +21%In 3 years sales changed by +19% while total assets changed by +21%. Both moved at about the same pace.
Balance-sheet strength
Debt Due Cover Ratio
No debt dueNo debt falls due within a year, according to the latest yearly balance sheet.
Cash Cushion Ratio
+8%Cash, after subtracting all debt, equals 8% of its market value (net cash).
Higher than 95% of companies in Germany.
Tangible Assets Ratio
82%Of every €100 the company owns, €82 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
Less tangible than 54% of companies in Germany.
Tangible Net Worth Ratio
41%Of every €100 of net worth, €41 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
Less tangible than 51% of companies in Germany.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
Zalando SE owes €0.71 for every €1 it owns. Net profit fell 14% in the year to Dec 2025, and grew 134% a year on average over 3 years.
Compared with companies in Germany · latest annual results Dec 2025.
P/E ratio
70.9Investors pay €70.9 for every €1 of Zalando SE's yearly profit, higher than 96% of companies in Germany.
P/B ratio
2.50The share price is 2.50 times Zalando SE's book value per share, higher than 59% of companies in Germany.
Market cap
€6.4 BThe total market value of all of Zalando SE's shares at today's price (share price × number of shares), smaller than 96% of companies in Germany. PosiCap size class: Meso Cap.
Net worth (book value)
€2.6 BWhat Zalando SE would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (30 Jun 2026).
Book value per share
€10.51Net worth divided by the number of shares. The share price of €26.23 is 2.5 times this, which is the P/B above.
Return on equity (ROE)
3.5%Zalando SE earned 3.5% on its shareholders' money over the last year, lower than 88% of companies in Germany.
Owes vs Owns
0.71×Zalando SE owes €0.71 for every €1 it owns (moderate), higher than 70% of companies in Germany.
Dividend yield
NoneZalando SE does not currently pay a dividend.
Revenue growth
+17%Revenue rose 17% in the year to Dec 2025, and grew 6% a year on average over 3 years.
Profit growth
-14%Net profit fell 14% in the year to Dec 2025, and grew 134% a year on average over 3 years.
Profit margin
1.7%Zalando SE keeps €2 of every €100 of revenue as net profit.
Cash quality
5.2×Cash from Zalando SE's business was 5.2× its reported profit in the year to Dec 2025 — its profit turned into cash.
Interest cover
5.3×Zalando SE's operating profit covered its interest costs 5.3 times in the year to Dec 2025.
Cash vs debt
Net cashZalando SE held €517 M more cash than debt (net cash) at Dec 2025.
Questions
What is Zalando SE's P/E ratio?
Investors pay €70.9 for every €1 of Zalando SE's yearly profit, higher than 96% of companies in Germany.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Zalando SE: €6.4 B ÷ €2.6 B (30 Jun 2026) = 2.5.
What is Zalando SE's return on equity?
Zalando SE earned 3.5% on its shareholders' money over the last year, lower than 88% of companies in Germany.
How much does Zalando SE owe compared with what it owns?
Zalando SE owes €0.71 for every €1 it owns (moderate), higher than 70% of companies in Germany.
Does Zalando SE pay a dividend?
No. Zalando SE does not currently pay a dividend.
Is Zalando SE's revenue growing?
Revenue rose 17% in the year to Dec 2025, and grew 6% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.