| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | — | — | 1 | — | — | — | — |
| Sell | — | — | — | — | — | — | — | 6 | — | — | — | — |
| total | individual payouts | |
|---|---|---|
| 2028 | ‡‡‡‡‡ |
|
| 2027 | ‡‡‡‡‡ |
|
| 2026 | 0.14 |
—
|
| 2025 | 0.14 |
—
|
| 2024 | 0.13 |
—
|
| 2023 | 0.11 |
—
|
| 2022 | 0.09 |
—
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 320.66 | 237.12 | 249.04 | 263.60 |
| Receivables | 293.82 | 304.39 | 294.42 | 263.80 |
| Inventory | 565.60 | 563.79 | 573.51 | 633.37 |
| Other | 213.52 | 199.89 | 229.63 | 233.00 |
| 1,393.61 | 1,305.19 | 1,346.61 | 1,393.78 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 339.99 | 335.20 | 369.11 | 368.65 |
| ST’ Debt | 313.15 | 191.71 | 95.11 | 112.38 |
| Other | 264.11 | 206.25 | 195.03 | 254.99 |
| 1,095.42 | 922.91 | 848.99 | 949.26 |
| 10y | 5y | 3y | |
| Sales | — | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | — | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Earnings | — | ‡‡‡ | ‡‡‡‡‡ |
| Book Value | — | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | — | — | — | — |
—
|
| ’25 | — | — | — | — |
2,168.83
|
| ’24 | — | — | — | — |
2,106.47
|
| ’23 | — | 975.83 | — | — |
2,061.29
|
| ’22 | — | 796.27 | — | 773.96 |
1,587.55
|
| ’22 | — | — | — | — |
1,569.00
|
| ’21 | — | — | — | 799.72 |
1,538.81
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | — | 183.51 | — | — |
—
|
| ’25 | — | 120.01 | — | — |
379.65
|
| ’24 | — | 129.71 | — | — |
302.05
|
| ’23 | — | 117.31 | — | — |
298.05
|
| ’22 | — | 30.99 | — | 117.34 |
154.24
|
| ’22 | — | — | — | — |
153.86
|
| ’21 | (1.64) | (0.22) | (0.13) | 334.63 |
332.63
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | — | 109.10 | — | — |
—
|
| ’25 | — | 58.75 | — | — |
263.24
|
| ’24 | — | 65.01 | — | — |
166.21
|
| ’23 | — | 79.69 | — | — |
213.76
|
| ’22 | — | 4.08 | — | 117.34 |
77.02
|
| ’22 | — | — | — | — |
153.86
|
| ’21 | (1.64) | (0.22) | (0.13) | 227.52 |
225.52
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | — | — | — | — |
—
|
| ’25 | — | — | — | — |
0.43
|
| ’24 | — | — | — | — |
0.32
|
| ’23 | — | 0.20 | — | — |
0.52
|
| ’22 | — | 0.06 | — | 0.16 |
0.22
|
| ’22 | — | — | — | — |
0.22
|
| ’21 | 0.26 | (0.10) | (0.11) | — |
(0.79)
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | — | — | ‡‡‡‡‡ | 8.89 | 10.14 | 7.13 | 6.05 | — | — | — |
Low Price
|
| — | — | — | — | — | ‡‡‡‡‡ | 12.06 | 16.36 | 15.26 | 11.00 | — | — | — |
High Price
|
| — | — | — | — | — | ‡‡‡‡‡ | 6,256 | 7,201 | 7,395 | 7,437 | — | — | — |
Employees
|
| — | — | — | — | — | ‡‡‡ | 0.00 | 0.29 | 0.28 | 0.29 | — | — | — |
Revenue/Emp
|
| — | — | — | — | — | ‡‡‡‡‡ | 1,569.00 | 2,061.29 | 2,106.47 | 2,168.83 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| — | — | — | — | — | ‡‡‡‡‡ | 11.85% | 64.28% | 66.60% | 67.51% | — | — | — |
Gross Margin
|
| — | — | — | — | ‡‡‡ | ‡‡‡‡‡ | 106.00 | 183.01 | 141.33 | 158.44 | — | — | — |
EBT
|
| — | — | — | — | ‡‡‡ | ‡‡‡‡‡ | 6.76% | 8.88% | 6.71% | 7.31% | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| — | ‡‡‡ | — | — | ‡‡‡ | ‡‡‡‡‡ | 54.00 | 146.83 | 98.32 | 123.87 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| — | — | — | — | — | ‡‡‡‡‡ | 180.64 | 211.00 | 255.32 | 294.08 | — | — | — |
Depreciation
|
| — | — | — | — | ‡‡‡ | ‡‡‡‡‡ | 6.59 | 8.34 | 8.37 | 8.35 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.23 | 0.53 | 0.34 | 0.43 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Earnings/Sh
|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.65 | 1.21 | 1.20 | 1.46 | — | — | — |
Cash Flow/Sh
|
| — | — | — | — | ‡‡‡ | ‡‡‡ | 0.00 | (0.34) | (0.54) | (0.45) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.65 | 0.87 | 0.66 | 1.01 | — | — | — |
Free CF/Sh
|
| — | — | — | — | ‡‡‡ | ‡‡‡‡‡ | 3.05 | 3.95 | 4.23 | 4.79 | — | — | — |
Book Value/Sh
|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 238.00 | 247.02 | 251.53 | 259.60 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| — | — | — | — | — | ‡‡‡ | 269.75 | 36.45 | 26.65 | 33.06 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
PE Ratio
|
| — | — | — | — | — | ‡‡‡ | 0.00 | 0.82 | 0.60 | 0.75 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| — | — | — | — | — | ‡‡‡ | 2.88 | 3.11 | 2.05 | 2.31 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| — | — | — | — | — | ‡‡‡ | 0.00 | 0.87 | 0.65 | 0.81 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡ |
EV/Sales
|
| — | — | — | — | — | ‡‡‡ | 7.20 | 6.21 | 13.77 | 9.24 | — | — | — |
EV/FCF
|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 153.86 | 298.05 | 302.05 | 379.65 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| — | — | — | — | — | ‡‡‡‡‡ | (77.04) | (84.29) | (135.83) | (116.42) | ‡‡‡‡‡ | — | — |
Capex
|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 153.86 | 213.76 | 166.21 | 263.24 | — | — | — |
FCF
|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 447.00 | 298.19 | 382.28 | 497.61 | — | — | — |
Working Cap'
|
| — | — | — | — | — | ‡‡‡‡‡ | 976.00 | 435.76 | 404.24 | 278.54 | — | — | — |
Total Debt
|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 367.00 | 115.10 | 167.12 | 29.49 | — | — | — |
Net Debt
|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 725.00 | 975.04 | 1,063.58 | 1,243.50 | — | — | — |
Sh' Equity
|
| — | — | — | — | ‡‡‡ | ‡‡‡‡‡ | 1.96% | 4.74% | 2.75% | 3.56% | — | — | — |
ROA
|
| — | — | — | — | ‡‡‡ | ‡‡‡ | 0.00% | 12.92% | 9.17% | 7.75% | — | — | — |
ROIC
|
| — | — | — | — | ‡‡‡ | ‡‡‡‡‡ | 7.26% | 15.06% | 8.18% | 9.67% | — | — | — |
ROE
|
Ermenegildo Zegna N.V. (ZGN) has roared back from pandemic lows, delivering a stunning 38% revenue CAGR since its 2021 SPAC debut, surging from $1.53 billion to $2.11 billion in 2024. Fueled by the game-changing Tom Ford acquisition and booming Asia-Pacific demand, the luxury menswear icon maintains high employee productivity even as headcount grows, with analysts forecasting steady climbs to $2.56 billion by 2027. Gross margins have exploded from 8.3% to 66.6%, flipping losses into profits—net income hit $98 million in 2024, with EPS projected to rise 74% to $0.59 by 2027.
Zegna’s balance sheet is rock-solid, with net debt slashed 86% to $167 million, positive free cash flow at $166 million, and ROIC at 9.2%, supporting aggressive investments in stores, digital, and high-margin categories like beauty. Valuation looks tasty: forward P/E at 18.7x by 2027, PS ratio at a dirt-cheap 0.60x for 66%+ margins, trading near the top of analyst targets amid luxury sector rotation.
Insiders are quiet but confident in this family-controlled gem, and with tailwinds from millennial wealth and sustainable innovation, ZGN is primed for 20%+ EPS compounding and potential 20-30% stock rerating on earnings beats. Dive into the full analysis for the charts, peer comps, and why this could be your next luxury growth winner.
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