Friday 6 November 2026
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ZIM Integrated Shipping Services Ltd.
ZIM Industrials Marine Shipping
ZIM Integrated Shipping Services Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $6.9 billion, down 18.1% from fiscal 2024.
- Revenue
- +8.86%
- EPS
- +179.0%
- Free cash flow
- −9.51%
- Total debt
- −10.0%
Quarter to June 2026, against a year earlier
28.02
0.59
+2.15%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 2,539 | 2,978 | 3,248 | 3,300 | 3,992 | 10,729 | 12,562 | 5,162 | 8,427 | 6,904 | 6,439 | +11.8% | 8,212 | 6,830 | 6,154 | (3.8%) | |
| Gross margin, % | 1.73 | 9.07 | 4.22 | 7.97 | 21.67 | 56.54 | 51.16 | (42.76) | 33.04 | 19.13 | 13.65 | +17.4 pt | ||||||
| EBT | (150) | 18 | (111) | (1) | 541 | 5,660 | 6,027 | (2,815) | 2,205 | 659 | 191 | n/m | ||||||
| EBT margin, % | (5.91) | 0.60 | (3.42) | (0.04) | 13.55 | 52.75 | 47.98 | (54.54) | 26.16 | 9.54 | 2.97 | +15.5 pt | ||||||
| Net income | (168) | 0 | (126) | (13) | 524 | 4,649 | 4,629 | (2,688) | 2,154 | 482 | 140 | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 0.00 | 0.00 | 0.00 | 33.00 | 39.92 | 93.21 | 104.67 | 42.94 | 70.02 | 57.32 | 53.43 | n/m | |||||
| Earnings | — | — | — | (0.18) | 5.18 | 40.31 | 38.49 | (22.42) | 17.84 | 3.98 | 1.16 | n/m | ||||||
| Cash flow | 0.00 | 0.00 | 0.00 | 3.71 | 8.81 | 51.87 | 50.91 | 8.48 | 31.18 | 19.09 | 13.78 | n/m | ||||||
| Capex | — | — | — | 0.29 | (0.36) | (8.64) | (2.48) | (0.73) | (1.62) | (1.50) | (1.12) | n/m | ||||||
| Free cash flow | 0.00 | 0.00 | 0.00 | 3.99 | 8.45 | 43.24 | 48.43 | 7.75 | 29.56 | 17.59 | 12.67 | n/m | ||||||
| Book value | 0.00 | 0.00 | 0.00 | (2.52) | 2.74 | 39.96 | 49.13 | 20.45 | 33.59 | 33.42 | 32.23 | n/m | ||||||
| Shares, m | — | — | — | 100 | 100 | 115 | 120 | 120 | 120 | 120 | 120 | +3.2% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 2.49 | 2.49 | 2.49 | 2.49 | 2.49 | 1.47 | 0.44 | 0.00 | 1.20 | 5.33 | 24.16 | 2.1 | |||||
| P/S | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0.63 | 0.16 | 0.26 | 0.31 | 0.37 | 0.52 | 0.3 | ||||||
| P/B | 5.17 | 5.17 | 5.17 | 5.17 | 5.17 | 1.47 | 0.35 | 0.55 | 0.64 | 0.64 | 0.87 | 2.9 | ||||||
| EV/Sales | 0.65 | 0.65 | 0.65 | 0.65 | 0.65 | 0.51 | 0.14 | 0.56 | 0.61 | 0.78 | 0.93 | 0.6 | ||||||
| EV/FCF | 2.73 | 2.73 | 2.73 | 2.73 | 2.73 | 1.11 | 0.30 | 3.13 | 1.46 | 2.55 | 3.94 | 2.2 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | (40) | 150 | 142 | 371 | 881 | 5,971 | 6,110 | 1,020 | 3,753 | 2,300 | 1,661 | n/m | |||||
| Capex | (13) | (29) | (23) | 29 | (36) | (994) | (297) | (88) | (195) | (181) | (134) | +33.5% | ||||||
| Free cash flow | (40) | 150 | 142 | 399 | 845 | 4,977 | 5,813 | 932 | 3,557 | 2,118 | 1,526 | n/m | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | (86) | (124) | (197) | (296) | 50 | 2,328 | 1,609 | 53 | 650 | 497 | 558 | n/m | |||||
| Net debt | 1,180 | 1,195 | 1,116 | 1,082 | 840 | (1,258) | (288) | 1,570 | 2,593 | 2,855 | 2,634 | +10.3% | ||||||
| Shareholders’ equity | (104) | (100) | (230) | (252) | 274 | 4,600 | 5,896 | 2,458 | 4,043 | 4,026 | 3,885 | n/m | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | (9.58) | 0.70 | (7.14) | (0.97) | 21.81 | 73.27 | 43.04 | (26.99) | 21.76 | 4.28 | 1.27 | +13.9 pt | |||||
| ROIC | 0.00 | 0.00 | 0.00 | 11.53 | 40.48 | 108.78 | 68.39 | (38.96) | 23.80 | 9.23 | 5.07 | +9.2 pt | ||||||
| ROE | 164.71 | (5.88) | 76.36 | 7.53 | 4,668.84 | 190.41 | 88.03 | (64.54) | 66.08 | 11.88 | 3.56 | (152.8) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | 3,782 | 3,794 | 4,427 | 4,830 | 4,778 | 4,850 | 4,714 | — | +3.7% | |||||
| Revenue/emp, $m | 0.00 | 0.00 | 0.00 | 0.87 | 1.05 | 2.42 | 2.60 | 1.08 | 1.74 | 1.46 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026
ZIM Integrated Shipping Services Ltd. vs peers in Marine Shipping (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| MATX Matson, Inc. | $6.4B | 11.9× | 13.6× | +26.52% (above 0%: growing) | +64.18% (above 0%: growing) | +148.10% (above 0%: growing) | 29.63% | 22.92% | Compare |
| KEX Kirby Corporation | $6.3B | 17.3× | 19.9× | +12.17% (above 0%: growing) | +26.80% (above 0%: growing) | −78.14% (below 0%: shrinking) | 33.35% | 15.44% | Compare |
| HAFN Hafnia Limited | $5.0B | 7.1× | — | +47.21% (above 0%: growing) | +273.33% (above 0%: growing) | +193.17% (above 0%: growing) | 37.79% | 34.33% | Compare |
| ZIM ZIM Integrated Shipping Services Ltd. | $3.3B | 24.2× | 3.4× | +8.86% (above 0%: growing) | +178.95% (above 0%: growing) | −9.51% (below 0%: shrinking) | 14.32% | 8.10% | |
| ECO Okeanis Eco Tankers Corp. | $3.1B | 7.8× | 5.0× | +239.40% (above 0%: growing) | +602.38% (above 0%: growing) | +196.66% (above 0%: growing) | 80.71% | 74.97% | Compare |
| SBLK Star Bulk Carriers Corp. | $3.0B | 10.4× | 6.1× | +44.46% (above 0%: growing) | +433,233.33% (above 0%: growing) | +25.84% (above 0%: growing) | 56.88% | 43.38% | Compare |
| DAC Danaos Corporation | $2.7B | 5.0× | 5.4× | +4.66% (above 0%: growing) | +16.81% (above 0%: growing) | −81.11% (below 0%: shrinking) | 72.84% | 48.38% | Compare |
| NMM Navios Maritime Partners LP | $2.4B | 5.6× | 4.5× | +25.22% (above 0%: growing) | +147.01% (above 0%: growing) | +252.84% (above 0%: growing) | 65.58% | 39.64% | Compare |
| SFL SFL Corporation Ltd. | $1.7B | 16.3× | 29.1× | +13.12% (above 0%: growing) | +277.14% (above 0%: growing) | −18.32% (below 0%: shrinking) | 57.64% | 27.79% | Compare |
| Median of peers | $3.0B | 9.1× | 6.1× | +25.87% | +210.17% | +86.97% | 57.26% | 36.99% |
ZIM Integrated Shipping Services Ltd. (ZIM) Latest News
29 Oct
14 Oct
8 Oct
7 Oct
5 Oct
28 Sep
8 Sep
25 Aug
19 Aug
12 Aug
ZIM metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score