Using the industry peer median P/E multiple (trailing + forward), Zebra Technologies Corporation (ZBRA) has a fair value of $203.39 based on 2 comparable companies in the Communication Equipment industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing P/E | Forward P/E | |
|---|---|---|---|
| Zebra Technologies CorporationZBRA | 10,512 | 25.1x | 13.0x |
| F5, Inc.FFIV | 16,787 | 25.0x | 19.2x |
| Gen Digital Inc.GEN | 11,702 | 18.4x | 9.7x |
| Industry Median | 21.7x | 14.5x | |
| (*) Profit after tax | 419 | 811 | |
| Equity Value | 9,106 | 11,727 | |
| (/) Outstanding shares | 51 | 51 | |
| Fair Price | $178 | $229 | |
This P/E relative valuation uses the industry peer median Price-to-Earnings ratio to estimate fair value. Both trailing (last 12 months) and forward (next fiscal year analyst estimates) P/E multiples are computed independently.
The industry median trailing P/E is applied to the company's TTM net income, and the forward P/E to analyst-estimated net income. Each produces an equity value divided by shares outstanding to yield a fair price per share. The selected fair value is the average of the trailing and forward legs.