ZIM Integrated Shipping Services Ltd. (ZIM) Financial Ratios
13 years of historical data (2013–2025) · Industrials · Marine Shipping
EV/EBITDA
↑
3.77
↑+49% vs avg
5yr avg: 2.53
30Y Low0.7·High5.2
P/FCF
↑
2.09
↑+93% vs avg
5yr avg: 1.08
30Y Low0.4·High1.6
P/B Ratio
↓
0.83
+15% vs avg
5yr avg: 0.73
30Y Low0.4·High1.5
ROE
↓
11.9%
↑-80% vs avg
5yr avg: 58.4%
30Y Low-258%·High190%
Debt/EBITDA
↑
2.69
↑+30% vs avg
5yr avg: 2.08
30Y Low0.5·High13.2
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
ZIM Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
ZIM Integrated Shipping Services Ltd. trades at 7.0x earnings, 229% above its 5-year average of 2.1x, sitting at the 100th percentile of its historical range. Compared to the Industrials sector median P/E of 25.9x, the stock trades at a discount of 73%. On a free-cash-flow basis, the stock trades at 2.1x P/FCF, 93% above the 5-year average of 1.1x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $3.4B | $2.6B | $2.6B | $1.2B | $2.1B | $7.0B | — | — | — | — | — |
| Enterprise Value | $8.0B | $7.2B | $7.3B | $5.3B | $5.4B | $8.8B | — | — | — | — | — |
| P/E Ratio → | 7.00 | 5.33 | 1.20 | — | 0.45 | 1.51 | — | — | — | — | — |
| P/S Ratio | 0.49 | 0.37 | 0.31 | 0.23 | 0.16 | 0.65 | — | — | — | — | — |
| P/B Ratio | 0.83 | 0.64 | 0.64 | 0.48 | 0.35 | 1.52 | — | — | — | — | — |
| P/FCF | 2.09 | 1.59 | 0.73 | 1.31 | 0.36 | 1.41 | — | — | — | — | — |
| P/OCF | 1.84 | 1.40 | 0.69 | 1.16 | 0.34 | 1.17 | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
ZIM EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
ZIM Integrated Shipping Services Ltd.'s enterprise value stands at 3.8x EBITDA, 49% above its 5-year average of 2.5x. The Industrials sector median is 13.9x, placing the stock at a 73% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.05 | 0.86 | 1.02 | 0.43 | 0.82 | — | — | — | — | — |
| EV / EBITDA | 3.77 | 3.40 | 2.01 | 5.21 | 0.72 | 1.34 | — | — | — | — | — |
| EV / EBIT | 9.53 | 8.58 | 2.72 | — | 0.86 | 1.51 | — | — | — | — | — |
| EV / FCF | — | 4.51 | 2.06 | 5.83 | 0.94 | 1.77 | — | — | — | — | — |
ZIM Profitability
Margins and return-on-capital ratios measuring operating efficiency
ZIM Integrated Shipping Services Ltd. earns an operating margin of 12.2%, above the Industrials sector average of 4.9%. Operating margins have expanded from -8.9% to 12.2% over the past 3 years, signaling improving operational efficiency. ROE of 11.9% is modest. ROIC of 7.3% represents adequate returns on invested capital versus a sector median of 6.3%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 16.8% | 16.8% | 32.9% | -3.8% | 51.0% | 56.3% | 21.1% | 7.4% | 4.2% | 9.1% | 1.7% |
| Operating Margin | 12.2% | 12.2% | 29.5% | -8.9% | 48.4% | 54.0% | 17.5% | 3.3% | 0.1% | 4.4% | -3.4% |
| Net Profit Margin | 6.9% | 6.9% | 25.5% | -52.2% | 36.8% | 43.3% | 13.0% | -0.5% | -3.9% | 0.2% | -6.6% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 11.9% | 11.9% | 66.1% | -64.5% | 88.0% | 190.4% | 4668.8% | — | — | — | — |
| ROA | 4.3% | 4.3% | 21.8% | -27.0% | 43.0% | 73.3% | 21.8% | -1.0% | -6.9% | 0.4% | -9.3% |
| ROIC | 7.3% | 7.3% | 24.4% | -4.4% | 58.5% | 109.8% | 39.7% | 8.0% | 0.2% | 8.6% | -5.6% |
| ROCE | 9.6% | 9.6% | 34.0% | -6.2% | 75.8% | 132.4% | 52.3% | 11.7% | 0.3% | 11.6% | -7.0% |
ZIM Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
ZIM Integrated Shipping Services Ltd. carries a Debt/EBITDA ratio of 2.7x, which is moderately leveraged (15% below the sector average of 3.2x). Net debt stands at $4.7B ($5.7B total debt minus $1.1B cash). Interest coverage of just 1.8x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.43 | 1.43 | 1.49 | 2.04 | 0.74 | 0.72 | 6.68 | — | — | — | — |
| Debt / EBITDA | 2.69 | 2.69 | 1.66 | 4.94 | 0.58 | 0.51 | 1.81 | 4.32 | 11.96 | 6.01 | 96.40 |
| Net Debt / Equity | — | 1.16 | 1.16 | 1.66 | 0.56 | 0.39 | 4.60 | — | — | — | — |
| Net Debt / EBITDA | 2.20 | 2.20 | 1.30 | 4.04 | 0.44 | 0.27 | 1.25 | 3.81 | 10.34 | 5.36 | 85.28 |
| Debt / FCF | — | 2.92 | 1.33 | 4.52 | 0.58 | 0.36 | 1.51 | 3.83 | 5.85 | 6.41 | — |
| Interest Coverage | 1.78 | 1.78 | 5.31 | -1.20 | 27.05 | 34.32 | 4.65 | 0.75 | 0.03 | 1.30 | -0.89 |
ZIM Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.23x means ZIM Integrated Shipping Services Ltd. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has improved from 1.02x to 1.23x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.23 | 1.23 | 1.25 | 1.02 | 1.60 | 1.84 | 1.04 | 0.68 | 0.80 | 0.82 | 0.84 |
| Quick Ratio | 1.15 | 1.15 | 1.17 | 0.95 | 1.53 | 1.80 | 1.00 | 0.62 | 0.72 | 0.73 | 0.76 |
| Cash Ratio | 0.84 | 0.84 | 0.81 | 0.71 | 1.22 | 1.34 | 0.55 | 0.26 | 0.27 | 0.37 | 0.35 |
| Asset Turnover | — | 0.63 | 0.74 | 0.62 | 1.08 | 1.09 | 1.41 | 1.71 | 1.78 | 1.65 | 1.49 |
| Inventory Turnover | 34.25 | 34.25 | 26.65 | 29.88 | 32.31 | 39.38 | 60.29 | 50.64 | 44.13 | 42.42 | 60.16 |
| Days Sales Outstanding | — | 34.55 | 39.35 | 39.77 | 23.27 | 41.58 | 44.80 | 32.25 | 39.65 | 28.27 | 28.57 |
ZIM Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
ZIM Integrated Shipping Services Ltd. returns 15.4% to shareholders annually primarily through dividends. The payout ratio exceeds 100% at 107.6%, meaning the company is paying out more than it earns — this level is unsustainable long-term without earnings recovery. The earnings yield of 14.3% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 15.4% | 20.2% | 22.4% | 64.8% | 100.0% | 7.7% | — | — | — | — | — |
| Payout Ratio | 107.6% | 107.6% | 27.0% | — | 71.5% | 11.6% | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 14.3% | 18.7% | 83.0% | — | 223.1% | 66.3% | — | — | — | — | — |
| FCF Yield | 47.9% | 62.8% | 136.8% | 76.2% | 278.4% | 70.9% | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — | — | — |
| Total Shareholder Yield | 15.4% | 20.2% | 22.4% | 64.8% | 100.0% | 7.7% | — | — | — | — | — |
| Shares Outstanding | — | $121M | $120M | $120M | $120M | $119M | $120M | $118M | $104M | $100M | $100M |
Peer Comparison
Compare ZIM with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 ZIMYou | $3B | 7.0 | 3.8 | 2.1 | 16.8% | 12.2% | 11.9% | 7.3% | 2.7 |
 MATX | $6B | 13.2 | 7.8 | 36.4 | 22.8% | 14.0% | 16.4% | 10.8% | 0.9 |
 SBLK | $3B | 36.8 | 11.9 | 14.8 | 22.5% | 13.5% | 3.4% | 3.2% | 3.5 |
 DAC | $2B | 4.9 | 3.6 | 7.4 | 60.1% | 47.8% | 13.7% | 9.8% | 1.6 |
 CMRE | $2B | 6.0 | 5.1 | 4.4 | 57.3% | 51.7% | 15.4% | 9.3% | 2.5 |
 GSL | $1B | 3.6 | 3.5 | 4.1 | 53.6% | 50.7% | 25.5% | 14.0% | 1.3 |
 SFL | $2B | -58.9 | 10.5 | 7.1 | 58.1% | 19.0% | -2.5% | 2.8% | 6.8 |
 TNK | $3B | 7.9 | 6.6 | 24.5 | 27.5% | 22.6% | 18.5% | 12.5% | 0.2 |
 GWW | $56B | 33.0 | 19.8 | 41.8 | 39.1% | 15.0% | 43.5% | 32.1% | 1.1 |
 EXPD | $20B | 25.4 | 17.5 | 21.1 | 15.3% | 9.5% | 35.5% | 48.4% | 0.5 |
 CHRW | $20B | 34.9 | 23.9 | 22.3 | 8.4% | 4.9% | 32.9% | 18.0% | 1.8 |
| Industrials Median | — | 25.9 | 13.9 | 20.6 | 32.8% | 4.9% | 8.2% | 6.3% | 3.2 |
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Download Financial Ratios Data
Includes 30+ ratios · 13 years · Updated daily
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Start ComparisonZIM — Frequently Asked Questions
Quick answers to the most common questions about buying ZIM stock.
What is ZIM Integrated Shipping Services Ltd.'s P/E ratio?
ZIM Integrated Shipping Services Ltd.'s current P/E ratio is 7.0x. The historical average is 2.1x. This places it at the 100th percentile of its historical range.
What is ZIM Integrated Shipping Services Ltd.'s EV/EBITDA?
ZIM Integrated Shipping Services Ltd.'s current EV/EBITDA is 3.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 2.5x.
What is ZIM Integrated Shipping Services Ltd.'s ROE?
ZIM Integrated Shipping Services Ltd.'s return on equity (ROE) is 11.9%. The historical average is 5.2%.
Is ZIM stock overvalued?
Based on historical data, ZIM Integrated Shipping Services Ltd. is trading at a P/E of 7.0x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is ZIM Integrated Shipping Services Ltd.'s dividend yield?
ZIM Integrated Shipping Services Ltd.'s current dividend yield is 15.37% with a payout ratio of 107.6%.
What are ZIM Integrated Shipping Services Ltd.'s profit margins?
ZIM Integrated Shipping Services Ltd. has 16.8% gross margin and 12.2% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does ZIM Integrated Shipping Services Ltd. have?
ZIM Integrated Shipping Services Ltd.'s Debt/EBITDA ratio is 2.7x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.