ZF Group stock price, funding rounds, valuation and financials
ZF Group annual revenue was €36.52 b in FY 2019
€36.5 B
ZF Group Revenue FY, 2019ZF Group Revenue growth (FY, 2018 - FY, 2019), %(1%)
ZF Group Gross profit (FY, 2019)5.8 B
ZF Group Gross profit margin (FY, 2019), %15.7%
ZF Group Net income (FY, 2019)400 M
ZF Group EBIT (FY, 2019)927 M
ZF Group Cash, 31-Dec-20192.3 B
ZF Group Revenue
ZF Group revenue was €36.52 b in FY, 2019 which is a 1.1% year over year decrease from the previous period.
ZF Group Funding
Summary Metrics
Founding Date | 1915 |
ZF Group Revenue Breakdown
ZF Group revenue breakdown by business segment: 7.4% from Aftermarket, 26.7% from Active and Passive Safety Technology, 5.9% from E-Mobility, 7.5% from Industrial Technology, 9.3% from Commercial Vehicle Technology, 19.3% from Car Chassis Technology, 18.4% from Car Powertrain Technology and 5.5% from Other
ZF Group revenue breakdown by geographic segment: 21.5% from Asia-Pacific, 28.6% from North America, 45.7% from Europe and 4.2% from Other
ZF Group Income Statement
Annual
| EUR | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
|---|---|---|---|---|
Revenue | 35.2b | 36.4b | 36.9b | 36.5b |
Revenue growth, % | 4% | 1% | (1%) | |
Cost of goods sold | 29.1b | 29.9b | 30.8b | 30.8b |
Gross profit | 6.1b | 6.5b | 6.1b | 5.8b |
Gross profit Margin, % | 17% | 18% | 16% | 16% |
Sales and marketing expense | 1.3b | 1.3b | 1.3b | 1.3b |
R&D expense | 1.9b | 2.2b | 2.2b | 2.3b |
General and administrative expense | 1.3b | 1.3b | 1.3b | 1.3b |
Operating expense total | 4.4b | 4.8b | 4.6b | 4.8b |
EBIT | 1.7b | 1.8b | 1.5b | 927.0m |
EBIT margin, % | 5% | 5% | 4% | 3% |
Interest expense | 469.0m | 408.0m | 283.0m | 309.0m |
Interest income | 67.0m | 93.0m | 34.0m | 54.0m |
Pre tax profit | 1.3b | 1.4b | 1.2b | 540.0m |
Income tax expense | 357.0m | 242.0m | 260.0m | 140.0m |
Net Income | 924.0m | 1.2b | 965.0m | 400.0m |
Half Year
| EUR | H1, 2017 | H1, 2018 | H1, 2019 |
|---|---|---|---|
Revenue | 18.3b | 18.7b | 18.4b |
Cost of goods sold | 15.1b | 15.6b | 15.6b |
Gross profit | 3.3b | 3.1b | 2.8b |
Gross profit Margin, % | 18% | 17% | 15% |
Sales and marketing expense | 632.0m | 645.0m | 636.0m |
R&D expense | 1.1b | 1.1b | 1.1b |
General and administrative expense | 637.0m | 633.0m | 665.0m |
Operating expense total | 2.4b | 2.2b | 2.4b |
EBIT | 895.0m | 887.0m | 378.0m |
EBIT margin, % | 5% | 5% | 2% |
Interest expense | 192.0m | 146.0m | 141.0m |
Interest income | 58.0m | 20.0m | 23.0m |
Pre tax profit | 747.0m | 744.0m | 223.0m |
Income tax expense | 188.0m | 176.0m | 57.0m |
Net Income | 559.0m | 568.0m | 166.0m |
ZF Group Balance Sheet
Annual
| EUR | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
|---|---|---|---|---|
Cash | 1.6b | 1.3b | 922.0m | 2.3b |
Accounts Receivable | 5.2b | 5.3b | 5.2b | 5.0b |
Prepaid Expenses | 50.0m | 74.0m | 66.0m | 56.0m |
Inventories | 2.9b | 3.1b | 3.9b | 3.9b |
Current Assets | 10.4b | 11.2b | 10.7b | 14.8b |
PP&E | 6.6b | 6.2b | 6.6b | 7.7b |
Goodwill | 4.5b | 4.0b | 4.1b | 4.2b |
Total Assets | 29.1b | 27.8b | 27.0b | 32.4b |
Accounts Payable | 5.3b | 5.9b | 5.5b | 5.4b |
Short-term debt | 926.0m | 1.4b | 606.0m | 1.3b |
Current Liabilities | 9.3b | 10.4b | 9.6b | 10.2b |
Long-term debt | 7.5b | 5.1b | 4.5b | 8.4b |
Non-Current Liabilities | 13.7b | 10.6b | 10.0b | 15.1b |
Total Debt | 8.4b | 6.4b | 5.1b | 9.7b |
Common Stock | 500.0m | 500.0m | 500.0m | 500.0m |
Retained Earnings | 4.9b | 5.6b | 6.3b | 5.9b |
Total Equity | 6.1b | 6.8b | 7.4b | 7.1b |
Debt to Equity Ratio | 1.4 x | 1 x | 0.7 x | 1.4 x |
Debt to Assets Ratio | 0.3 x | 0.2 x | 0.2 x | 0.3 x |
Financial Leverage | 4.8 x | 4.1 x | 3.6 x | 4.6 x |
Half Year
| EUR | H1, 2017 | H1, 2018 | H1, 2019 |
|---|---|---|---|
Cash | 1.1b | 1.2b | 856.0m |
Accounts Receivable | 5.7b | 6.0b | 5.6b |
Inventories | 3.0b | 4.2b | 4.1b |
Current Assets | 10.5b | 12.3b | 11.5b |
PP&E | 6.2b | 6.2b | 7.2b |
Total Assets | 28.1b | 28.3b | 28.7b |
Accounts Payable | 5.2b | 5.8b | 5.2b |
Short-term debt | 1.4b | 1.5b | 1.9b |
Current Liabilities | 9.4b | 10.9b | 10.9b |
Long-term debt | 6.3b | 4.5b | 4.6b |
Non-Current Liabilities | 12.2b | 10.1b | 10.8b |
Total Debt | 7.7b | 6.0b | 6.5b |
Common Stock | 500.0m | 500.0m | 500.0m |
Retained Earnings | 5.3b | 6.1b | 5.8b |
Total Equity | 6.5b | 7.3b | 7.0b |
Debt to Equity Ratio | 1.2 x | 0.8 x | 0.9 x |
Debt to Assets Ratio | 0.3 x | 0.2 x | 0.2 x |
Financial Leverage | 4.3 x | 3.9 x | 4.1 x |
ZF Group Cash Flow
Annual
| EUR | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
|---|---|---|---|---|
Depreciation and Amortization | 2.2b | 2.1b | 1.8b | 2.0b |
Accounts Receivable | (485.0m) | (478.0m) | 93.0m | 220.0m |
Inventories | (30.0m) | (391.0m) | (264.0m) | 9.0m |
Accounts Payable | (94.0m) | (131.0m) | ||
Cash From Operating Activities | 3.3b | 3.4b | 2.4b | 2.4b |
Purchases of PP&E | (1.2b) | (1.3b) | (1.6b) | (1.7b) |
Cash From Investing Activities | (992.0m) | (1.6b) | (842.0m) | (4.2b) |
Long-term Borrowings | (2.9b) | (2.8b) | (4.8b) | (9.1b) |
Dividends Paid | (78.0m) | (122.0m) | (235.0m) | (199.0m) |
Cash From Financing Activities | (2.2b) | (1.9b) | (1.9b) | 3.2b |
Net Change in Cash | 108.0m | (163.0m) | (395.0m) | 1.5b |
Interest Paid | 344.0m | 377.0m | 229.0m | 298.0m |
Income Taxes Paid | 364.0m | 539.0m | 563.0m | 20.0m |
Half Year
| EUR | H1, 2017 | H1, 2018 | H1, 2019 |
|---|---|---|---|
Depreciation and Amortization | 1.1b | 892.0m | 1.0b |
Accounts Receivable | (688.0m) | (727.0m) | (368.0m) |
Inventories | (281.0m) | (546.0m) | (134.0m) |
Accounts Payable | 64.0m | (292.0m) | |
Cash From Operating Activities | 833.0m | 478.0m | 315.0m |
Purchases of PP&E | (466.0m) | (499.0m) | (587.0m) |
Cash From Investing Activities | (542.0m) | 292.0m | (624.0m) |
Long-term Borrowings | (557.0m) | (1.3b) | 2.8b |
Dividends Paid | (124.0m) | (231.0m) | (195.0m) |
Cash From Financing Activities | (710.0m) | (857.0m) | 235.0m |
Net Change in Cash | (419.0m) | (87.0m) | (74.0m) |
Interest Paid | 210.0m | 163.0m | 170.0m |
Income Taxes Paid | 300.0m | 242.0m | 92.0m |
ZF Group Ratios
| EUR | FY, 2016 |
|---|---|
Revenue/Employee | 257.0k |
Debt/Equity | 1.4 x |
Debt/Assets | 0.3 x |
Financial Leverage | 4.8 x |
ZF Group Operating Metrics
| FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | |
|---|---|---|---|---|
Patents | 1.20 k | 2.16 k | ||
First-Time Patent Applications | 1.46 k | 1.35 k | ||
Brands | 6.44 k | 6.46 k | ||
Domains | 1.63 k | 1.57 k | ||
Countries | 40 | 40 | 40 | 41 |
Manufacturing Facilities | 161 | |||
Patent Applications | 1.72 k | 2.16 k | 2.21 k | 3.01 k |
Research and Development Centers | 16 | |||
Sales and Service Locations | 130 | |||
Service Partners | 650 |
ZF Group Human Capital
Gender
| FY, 2019 | |
|---|---|
| Male, percent | 73 % |
| Female, percent | 27 % |
Job Roles
| Y, 2018 | Y, 2017 | Y, 2016 | |
|---|---|---|---|
| Male (Board) | 85.7 % | 100 % | 100 % |
| Female (Board) | 14.3 % |
