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Zicom Group (ZGL) Fair Value & Analysis

Industrials · AU · Market cap A$25.9M

ZG Zicom Group ZGL · AU
PriceA$0.1400
Fair ValueA$0.0869
Upside-37.9%
Quality70/100
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Mixed Growth
Thin margins · 7.0% net margin
Low debt · generates free cash flow
Ranks above peers (10/12)
Moderate moat 46/100
Evidence: High Range A$0.0652 – A$0.1086 Share as image

Fair value as of: Jul 19, 2026

From 24 valuation models · updated 22 days ago

Fair value updated Jul 19, 2026, revised from A$0.1664 to A$0.0869 (−47.8%) since Jun 26, 2026. Share price +16.7% over the past month.

A solid business, but screening 38% overvalued on our models.

What matters now

  • A high-quality business (quality 70/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
  • The price sits above even our optimistic bull case (A$0.1086). The favourable scenario is already priced in.
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Price vs Fair Value (5 years)

A$0.1700 A$0.0350 Fair Value A$0.0869 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.

How to read this chart

60‑month range A$0.0350 – A$0.1700 · fair‑value band A$0.0652 – A$0.1086 · the A$0.1400 price screens above the A$0.0869 fair value. Dashed = 300-day average. As of Jul 19, 2026.

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Analysis

Zicom Group (ZGL) currently trades at A$0.1400, while our model-based Fair Value estimate is A$0.0869, implying the stock looks roughly 37.9% overvalued today. The Quality Score stands at 70/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Zicom Group generated revenue of A$108M at a net margin of 7.0%. Revenue declined 37.7% year over year. It earns a return on equity of 11.9%. Net debt stands at A$14.6M. Fundamentals as of Jul 19, 2026

Our scenario range runs from A$0.0652 (bear case) to A$0.1086 (bull case); at A$0.1400, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 22% below its 52-week high and 71% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at -38%, ZGL screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF A$0.7700 A$1.03 A$1.34 80
Residual Income A$0.3000 A$0.3300 A$0.4400 76
Rev-Margin DCF A$0.8700 A$1.37 A$1.96 74
All 24 models by family
DCF Models
FCF DCF A$0.7700 A$1.08 A$1.47 38
Owner Earnings A$0.6300 A$0.8700 A$1.19 31
5Y Revenue Exit A$0.8700 A$1.38 A$2.02 39
5Y EBITDA Exit A$1.43 A$2.43 A$3.61 41
5Y P/E Exit A$0.7100 A$1.05 A$1.42 38
10Y Revenue Exit A$0.8000 A$1.20 A$1.75 36
10Y EBITDA Exit A$1.12 A$1.83 A$2.81 37
10Y P/E Exit A$0.7300 A$1.01 A$1.35 35
Earnings-Based
Graham-Dodd A$0.2900 A$1.00 A$1.34 54
Lynch FV A$0.2300 A$0.3300 A$0.4300 50
PEG = 1.0 A$0.2300 A$0.3300 A$0.4300 46
EPV A$1.25 A$1.40 A$1.51 59
Multiples
P/E Multiple A$0.6800 A$0.9000 A$1.13 63
P/S Multiple A$0.5500 A$0.7300 A$0.9100 58
P/B Multiple A$0.5500 A$0.7300 A$0.9100 55
EV/EBIT A$2.43 A$3.22 A$4.01 53
EV/EBITDA A$2.16 A$2.86 A$3.57 54
EV/Revenue A$1.00 A$1.41 A$1.81 43
Asset-Based
NCAV (Graham) A$0.1800 A$0.2400 A$0.3600 50
Growth DCF
Growth DCF A$0.7700 A$1.03 A$1.34 80
Rev-Margin DCF A$0.8700 A$1.37 A$1.96 74
Economic Profit
Residual Income A$0.3000 A$0.3300 A$0.4400 76
ROIC Compounder A$1.30 A$1.51 A$1.71 72
Growth Earnings
Growth-Adj P/E A$0.5800 A$0.8300 A$1.07 68

Widest divergence: DCF Models (A$1.08) versus Asset-Based (A$0.2400). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) A$108M
Revenue growth (YoY) -37.7%
Net margin 7.0%
Return on equity 11.9%
Free cash flow A$18.1M FY2025
P/E ratio 2.9
More key figures
Operating margin 7.1%
EPS (TTM) A$0.0400
EPS growth (YoY) -8.3%
Net debt A$14.6M FY2025

Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 70/100

Of which business quality 69 · Market factors (momentum, volatility) 47

Profitability 55
Margins and returns on capital today
Quality Growth 66
Are margins and returns improving?
Cashflow 75
Earnings quality: real cash, not paper profit
Fin. Strength 69
Balance sheet, leverage, solvency risk
Investment 75
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 49
Price trend over the last 3–12 months (market factor)
52W Momentum 39
Distance to the 52-week high (market factor)
Net Issuance 83
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Zicom Group Limited manufactures and sells marine deck machinery, fluid regulating and metering stations, transit concrete mixers, foundation and geotechnical equipment, and precision engineered and automation equipment. It operates through Green Energy, Gas & Marine Equipment; Construction Equipment; and Precision Engineering & Technologies segments.

Full company description

Zicom Group Limited manufactures and sells marine deck machinery, fluid regulating and metering stations, transit concrete mixers, foundation and geotechnical equipment, and precision engineered and automation equipment. It operates through Green Energy, Gas & Marine Equipment; Construction Equipment; and Precision Engineering & Technologies segments. The Green Energy, Gas & Marine Equipment segment designs and supplies LNG propulsion systems, gas metering stations, compressor stations, and gas processing plants, and related equipment, parts, and services, as well as deck machinery, which include winches, windlasses, capstans, deck cranes, derricks, cable laying and lifeboat davits, shark jaws, and towing pins used in deep-sea vessels. The Construction Equipment segment provides concrete mixers; foundation equipment, including vibratory piling and impact piling hammers, boring machines, and vibroflots, as well as hydraulic drive systems, parts, and related services; and rents foundation equipment. The Precision Engineering & Technologies segment manufactures and supplies semi-conductor and electronic equipment, contract manufacturing of medical devices, bio-medical equipment, complete equipment and modular components, precision machining, production integration systems solutions, including production jigs, as well as turnkey factory automation solutions and related parts and services. It operates in Australia, the Philippines, Singapore, China, Bangladesh, and internationally. Zicom Group Limited is headquartered in Murarrie, Australia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Zicom Group reported revenue of A$161M in FY2025 versus A$89.1M in FY2021, a compound +16.0%/yr. Reported net income was A$9.3M in FY2025.

Growth Quality 69/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
A$161M
Latest YoY
+19.0%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+21.4%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+8.6%
Avg. growth/yr (28Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+9.6%
Revenue +16.0%/yr
FY21 A$89.1M
FY22 A$90.2M
FY23 A$105M
FY24 A$136M
FY25 A$161M
Net income
FY21 −A$1.1M
FY22 −A$8.6M
FY23 −A$9.3M
FY24 A$7.3M
FY25 A$9.3M

ZGL screens 38% overvalued. Compare with GE Vernova Inc →

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Cite: Fair Value Calculator (2026). "Zicom Group Fair Value". https://www.fairvalue-calculator.com/stock/ZGL

Peer Group

Specialty Industrial Machinery · 808 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 70 · Top 25%
Fair Value upside −36% · Above median
Return on equity (TTM) 12% · Above median
Return on assets 4% · Above median
Net margin (TTM) 7% · Above median
Operating margin (TTM) 7% · Below median
Revenue growth -38% · Bottom 25%
Debt / equity 0.08× · Lower than median

Valuation Multiples vs Specialty Industrial Machinery median · lower = cheaper

P/E (TTM) 3.0× · Cheaper than 75% of peers
P/B 0.24× · Cheaper than 75% of peers
P/S (TTM) 0.17× · Cheaper than 75% of peers
P/FCF 1.0× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 0
FUTURE 0 · sector 23
PAST 48 · sector 28
HEALTH 96 · sector 96
DIVIDEND 0 · sector 24

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

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Frequently asked questions

Is Zicom Group (ZGL) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of A$0.0869 versus a price of A$0.1400, about −38% (overvalued).
What is the fair value of ZGL?
Our model-based fair value for Zicom Group is A$0.0869 (as of Jul 19, 2026), built from audited fundamentals. The current price is A$0.1400.
What is the quality score of ZGL?
Zicom Group has a Quality Score of 70/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Zicom Group (ZGL)?
Zicom Group reported trailing-twelve-month revenue of about A$108M (latest available figure, as of Jul 19, 2026).
What is the net profit margin of ZGL?
The net profit margin of Zicom Group is about 7.0%, meaning it keeps roughly 7.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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