Zscaler Inc
NASDAQ:ZS

Watchlist Manager
Zscaler Inc Logo
Zscaler Inc
NASDAQ:ZS
Watchlist
Price: 216.03 USD 0.82% Market Closed
Market Cap: 34.5B USD

Relative Value

The Relative Value of one ZS stock under the Base Case scenario is 119.06 USD. Compared to the current market price of 216.03 USD, Zscaler Inc is Overvalued by 45%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ZS Relative Value
Base Case
119.06 USD
Overvaluation 45%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
93
vs Industry
8
Median 3Y
13.9
Median 5Y
16.9
Industry
2.4
Forward
10.1
vs History
vs Industry
Median 3Y
-408.9
Median 5Y
-149.2
Industry
22.3
Forward
55
vs History
96
vs Industry
15
Median 3Y
44.5
Median 5Y
49.7
Industry
16
vs History
98
vs Industry
14
Median 3Y
51.4
Median 5Y
69.3
Industry
20.9
vs History
98
vs Industry
4
Median 3Y
26.5
Median 5Y
35.3
Industry
3
vs History
93
vs Industry
8
Median 3Y
13.3
Median 5Y
16.1
Industry
2.4
Forward
9.7
vs History
90
vs Industry
14
Median 3Y
17.1
Median 5Y
20.8
Industry
4.9
vs History
4
vs Industry
Median 3Y
-262.9
Median 5Y
-198.2
Industry
12.2
Forward
36.6
vs History
vs Industry
Median 3Y
-199.2
Median 5Y
-164.3
Industry
15.9
Forward
43.2
vs History
96
vs Industry
16
Median 3Y
42.4
Median 5Y
47.8
Industry
14.7
vs History
98
vs Industry
12
Median 3Y
57.8
Median 5Y
66.1
Industry
17.4
vs History
96
vs Industry
6
Median 3Y
15
Median 5Y
18
Industry
2.4

Multiples Across Competitors

ZS Competitors Multiples
Zscaler Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Zscaler Inc
NASDAQ:ZS
34.4B USD 12.2 -839.4 12 402.1 -244.7
US
Microsoft Corp
NASDAQ:MSFT
3.4T USD 11.6 32.5 19.3 24.9
US
Oracle Corp
NYSE:ORCL
556B USD 9.1 36 24.1 33
US
ServiceNow Inc
NYSE:NOW
137.7B USD 10.9 79.6 55 76.3
US
Palo Alto Networks Inc
NASDAQ:PANW
131.5B USD 13.8 117.7 78.9 100.6
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
117.5B USD 25.7 -374 -2 043.3 -358
US
VMware Inc
XETRA:BZF1
58B EUR 5 47.3 21.8 36.8
US
Fortinet Inc
NASDAQ:FTNT
57.5B USD 8.8 30.7 25.3 27.1
US
Xperi Holding Corp
LSE:0M2A
54.6B USD 143.8 744.2 269 376.8
IL
Cyberark Software Ltd
NASDAQ:CYBR
23.3B USD 17.9 -102.7 -2 125.4 -167.1
IL
Check Point Software Technologies Ltd
NASDAQ:CHKP
20.4B USD 7.6 20.2 19.9 22.2
P/E Multiple
Earnings Growth PEG
US
Zscaler Inc
NASDAQ:ZS
Average P/E: 138.5
Negative Multiple: -839.4
N/A N/A
US
Microsoft Corp
NASDAQ:MSFT
32.5
18%
1.8
US
Oracle Corp
NYSE:ORCL
36
36%
1
US
ServiceNow Inc
NYSE:NOW
79.6
-10%
N/A
US
Palo Alto Networks Inc
NASDAQ:PANW
117.7
46%
2.6
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
Negative Multiple: -374 N/A N/A
US
V
VMware Inc
XETRA:BZF1
47.3
39%
1.2
US
Fortinet Inc
NASDAQ:FTNT
30.7
12%
2.6
US
Xperi Holding Corp
LSE:0M2A
744.2
38%
19.6
IL
Cyberark Software Ltd
NASDAQ:CYBR
Negative Multiple: -102.7 N/A N/A
IL
Check Point Software Technologies Ltd
NASDAQ:CHKP
20.2
15%
1.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Zscaler Inc
NASDAQ:ZS
Average EV/EBITDA: 1 435
12 402.1
N/A N/A
US
Microsoft Corp
NASDAQ:MSFT
19.3
20%
1
US
Oracle Corp
NYSE:ORCL
24.1
43%
0.6
US
ServiceNow Inc
NYSE:NOW
55
53%
1
US
Palo Alto Networks Inc
NASDAQ:PANW
78.9
41%
1.9
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
Negative Multiple: -2 043.3
184%
N/A
US
V
VMware Inc
XETRA:BZF1
21.8
19%
1.1
US
Fortinet Inc
NASDAQ:FTNT
25.3
17%
1.5
US
Xperi Holding Corp
LSE:0M2A
269
8%
33.6
IL
Cyberark Software Ltd
NASDAQ:CYBR
Negative Multiple: -2 125.4 N/A N/A
IL
Check Point Software Technologies Ltd
NASDAQ:CHKP
19.9
11%
1.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Zscaler Inc
NASDAQ:ZS
Average EV/EBIT: 87.2
Negative Multiple: -244.7
N/A N/A
US
Microsoft Corp
NASDAQ:MSFT
24.9
17%
1.5
US
Oracle Corp
NYSE:ORCL
33
38%
0.9
US
ServiceNow Inc
NYSE:NOW
76.3
65%
1.2
US
Palo Alto Networks Inc
NASDAQ:PANW
100.6
50%
2
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
Negative Multiple: -358 N/A N/A
US
V
VMware Inc
XETRA:BZF1
36.8
30%
1.2
US
Fortinet Inc
NASDAQ:FTNT
27.1
17%
1.6
US
Xperi Holding Corp
LSE:0M2A
376.8
25%
15.1
IL
Cyberark Software Ltd
NASDAQ:CYBR
Negative Multiple: -167.1 N/A N/A
IL
Check Point Software Technologies Ltd
NASDAQ:CHKP
22.2
13%
1.7