Zebra Technologies Corporation

Zebra Technologies Corporation

ZBRAยทNASDAQ

$249.30

-2.0%
TechnologyCommunication Equipment

Zebra Technologies Corporation, together with its subsidiaries, provides enterprise asset intelligence solutions in the automatic identification and data capture solutions industry worldwide. It operates in two segments, Asset Intelligence & Tracking and Enterprise Visibility & Mobility. The company designs, manufactures, and sells printers, which produce labels, wristbands, tickets, receipts, and plastic cards; dye-sublimination thermal card printers, which produce images which are used for personal identification, access control, and financial transactions; RFID printers that encode data into passive RFID transponders; accessories and options for our printers, including vehicle mounts and battery chargers; stock and customized thermal labels, receipts, ribbons, plastic cards, and RFID tags for printers; and temperature-monitoring labels primarily used in vaccine distribution. It also provides various maintenance, technical support, repair, and managed and professional services; real-time location systems and services; and tags, sensors, exciters, middleware software, and application software; as well as physical inventory management solutions, and rugged tablets and enterprise-grade mobile computing products and accessories. In addition, the company offers barcode scanners, image capture devices, and RFID readers; and workforce management solutions, workflow execution and task management solutions, and prescriptive analytics solutions, as well as communications and collaboration solutions. It also provides services, including maintenance, technical support, repair, managed and professional services; as well as cloud-based software subscriptions and robotics automation solutions. The company serves retail and e-commerce, manufacturing, transportation and logistics, healthcare, public sector, and other industries through direct sales force, and network of channel partners. The company was founded in 1969 and is headquartered in Lincolnshire, Illinois.

At a Glance

Live Snapshot
Market Cap$11.88B
EPS8.2400
P/E Ratio30.25
Earnings Date08/04/2026
Zebra Technologies Corporation

Zebra Technologies Corporation Fair Value Envelope

ZBRA ยท NASDAQ

Our analysis suggests that ZBRA has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $249.3, this represents a potential HIDDEN relative to our calculated worth for Zebra Technologies Corporation.

Intrinsic Value
Current Price: $249.3

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$5.1B
+ Cash & Equivalents$125.0M
Firm Value$5.2B
- Debt$2.8B
Equity Value$2.4B
/ Shares Outstanding50,660,242B
DCF Value$47
OVERVALUED BY 81%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$798.8M
$695.8M
$606.1M
$527.9M
$459.9M
$400.6M
$348.9M
$303.9M
$264.8M
$230.6M
Maintenance CapEx
-$15.0M
-$13.1M
-$11.4M
-$9.9M
-$8.6M
-$7.5M
-$6.5M
-$5.7M
-$5.0M
-$4.3M
Owner Earnings
$783.8M
$682.7M
$594.7M
$518.0M
$451.2M
$393.1M
$342.4M
$298.2M
$259.8M
$226.3M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$725.7M
$585.3M
$472.1M
$380.8M
$307.1M
$247.7M
$199.8M
$161.1M
$130.0M
$104.8M
Terminal Value represents 35.0% of Enterprise Value