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Zigup Plc (ZIG) Fair Value & Analysis

Industrials · GB · Market cap 1.0B GBX

ZP Zigup Plc ZIG · LSE
Price£4.56
Fair Value£5.23
Upside+14.8%
Quality47/100
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Mixed Growth
Thin margins · 4.1% net margin
Moderate debt · negative free cash flow
5.90% dividend yield
Mixed vs. peers (7/13)
Narrow moat 40/100
Evidence: High Range £3.70 – £6.80 Share as image

Fair value as of: Jul 19, 2026

From 16 valuation models · updated 21 days ago

Fair value updated Jul 19, 2026, revised from £3.82 to £5.23 (+36.9%) since Jun 24, 2026. Share price +0.3% over the past month.

Below-average quality, screening 15% undervalued on our models.

What matters now

  • A fairly wide model range (£3.70 to £6.80) leaves room in how you read the outcome.
  • Our model range runs from £3.70 (bear) to £6.80 (bull), base £5.23. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 47/100 (below-average quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

£4.60 £2.18 Fair Value £5.23 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 £2.18 – £4.60 · fair‑value band £3.70 – £6.80 · the £4.56 price screens below the £5.23 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 19, 2026.

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Analysis

Zigup Plc (ZIG) currently trades at £4.56, while our model-based Fair Value estimate is £5.23, implying the stock looks roughly 14.8% undervalued today. The Quality Score stands at 47/100 (below-average quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Zigup Plc generated revenue of £1.8B at a net margin of 4.7%. Revenue grew 2.9% year over year. It earns a return on equity of 8.1%. Net debt stands at £999M. Fundamentals as of Jul 19, 2026

Our scenario range runs from £3.70 (bear case) to £6.80 (bull case); at £4.56, the current price sits within 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. For context, the median of 10 Industrials peers we cover trades at -21% fair-value upside, at 15%, ZIG 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 BearBaseBull Evidence
Highest evidence
Residual Income £3.72 £3.86 £3.89 76
ROIC Compounder £2.11 £2.79 £3.36 72
Gordon GGM £2.04 £3.68 £5.06 70
All 16 models by family
Earnings-Based
Graham-Dodd £2.29 £8.10 £10.91 54
Lynch FV £1.90 £2.72 £3.53 50
PEG = 1.0 £1.90 £2.72 £3.53 46
EPV £2.11 £2.79 £3.36 59
Dividend Discount
Gordon GGM £2.04 £3.68 £5.06 70
DDM Multi-Stage £2.04 £3.36 £3.93 61
Multiples
P/E Multiple £5.29 £7.06 £8.82 63
P/S Multiple £4.28 £5.71 £7.14 58
P/B Multiple £4.28 £5.71 £7.14 55
EV/EBIT £6.53 £9.66 £12.80 53
EV/EBITDA £18.71 £25.91 £33.10 54
EV/Revenue £3.83 £6.71 £9.59 43
Asset-Based
NCAV (Graham) £2.41 £3.22 £4.81 50
Economic Profit
Residual Income £3.72 £3.86 £3.89 76
ROIC Compounder £2.11 £2.79 £3.36 72
Growth Earnings
Growth-Adj P/E £3.66 £5.23 £6.80 68

Widest divergence: Multiples (£6.71) versus Earnings-Based (£2.72). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 1.9B GBX
Revenue growth (YoY) +2.2%
Net margin 4.1%
Return on equity 7.1%
Free cash flow −227M GBX FY2026
P/E ratio 13.8
More key figures
Operating margin 9.2%
EPS (TTM) £0.3300
Dividend yield 5.9%
EPS growth (YoY) -27.3%
Net debt 999M GBX FY2026

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

Quality Score breakdown

Overall quality 47/100

Of which business quality 47 · Market factors (momentum, volatility) 76

Profitability 35
Margins and returns on capital today
Quality Growth 45
Are margins and returns improving?
Cashflow 46
Earnings quality: real cash, not paper profit
Fin. Strength 38
Balance sheet, leverage, solvency risk
Investment 51
Disciplined investing over empire-building
Low Volatility 69
Calm price path (market factor)
Momentum 73
Price trend over the last 3–12 months (market factor)
52W Momentum 89
Distance to the 52-week high (market factor)
Net Issuance 77
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

Zigup Plc engages in the provision of mobility solutions and automotive services to business and personal customers in the United Kingdom, Spain, and Ireland.

Full company description

Zigup Plc engages in the provision of mobility solutions and automotive services to business and personal customers in the United Kingdom, Spain, and Ireland. The company offers vehicle provision services that includes vehicle rental, service, and maintenance solutions through vans, e-LCVs, and specialist vehicles with refrigerated, traffic management, and support; and fleet support and services comprising service scheduling, telematics, driver liaison, training, and downtime management, as well as electric vehicle (EV) fleet consulting and charging, and solar installation for businesses and consumers. It also provides claims support and accident management, such as accident claim handling, incident reporting, repair and insurer management, and legal support services for vehicles, drivers, and passengers; and replacement vehicle services through direct and credit hire arrangements. In addition, the company offers vehicle damage repairs for cars and LCVs, including plastic welding, and structural and aluminium body repairs, as well as mobile repair, glass repair, and replacement services; and vehicle disposal services for used vans and cars to businesses and private individuals through retail sites and online auction platforms. It offers its products and services to corporates, insurance and leasing, and consumers, as well as public sector. The company was formerly known as Redde Northgate plc and changed its name to Zigup Plc in May 2024. Zigup Plc was incorporated in 1897 and is headquartered in Darlington, the United Kingdom.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Zigup Plc reported revenue of £1.9B in FY2026 versus £1.2B in FY2022, a compound +10.6%/yr. Reported net income was £76.2M in FY2026, compounding −6.9%/yr from FY2022.

Growth Quality 37/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
£1.9B
Latest YoY
+2.6%
Avg. growth/yr (3Y)
+7.7%
Avg. growth/yr (5Y)
+10.9%
Avg. growth/yr (41Y)
+9.6%
Revenue +10.6%/yr
FY22 £1.2B
FY23 £1.5B
FY24 £1.8B
FY25 £1.8B
FY26 £1.9B
Net income −6.9%/yr
FY22 £102M
FY23 £139M
FY24 £125M
FY25 £79.8M
FY26 £76.2M

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Cite: Fair Value Calculator (2026). "Zigup Plc Fair Value". https://www.fairvalue-calculator.com/stock/ZIG

Peer Group

Rental & Leasing Services · 97 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 47 · Above median
Fair Value upside +15% · Above median
Return on equity (TTM) 7% · Above median
Return on assets 4% · Above median
Net margin (TTM) 4% · Above median
Operating margin (TTM) 9% · Below median
Revenue growth 2% · Below median
Dividend yield (TTM) 5.9% · Top 25%
Debt / equity 0.62× · Higher than median

Valuation Multiples vs Rental & Leasing Services median · lower = cheaper

P/E (TTM) 13.8× · Pricier than median
P/B 1.28× · Pricier than median
P/S (TTM) 0.75× · Pricier than median
EV/EBITDA 4.1× · Cheaper than median

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 53 · sector 49
FUTURE 11 · sector 16
PAST 28 · sector 26
HEALTH 69 · sector 70
DIVIDEND 100 · sector 34

Insider activity: 45/100

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.

Similar stocks

10 more Rental & Leasing Services stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Stock Price Fair Value vs Fair Value
United Rentals, Inc URI $1,045 $449.86 -57%
Sunbelt Rentals Holdings SUNB $73.41 $65.76 -10%
AerCap Holdings AER $146.97 $301.51 +105%
U-Haul Holding UHAL $67.35 $7.21 -89%
Ryder System, Inc R $273.06 $111.57 -59%
Ayvens AYV €11.57 €24.73 +114%
Localiza Rent a Car S.A RENT3 R$40.35 R$37.01 -8%
Element Fleet Management Corp EFN C$29.83 C$15.06 -50%
BOC Aviation Limited 2588 HK$77.40 HK$18.61 -76%
GATX Corporation GATX $178.48 $140.90 -21%

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Frequently asked questions

Is Zigup Plc (ZIG) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of £5.23 versus a price of £4.56, about +15% (undervalued).
What is the fair value of ZIG?
Our model-based fair value for Zigup Plc is £5.23 (as of Jul 19, 2026), built from audited fundamentals. The current price is £4.56.
What is the quality score of ZIG?
Zigup Plc has a Quality Score of 47/100. 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 Zigup Plc (ZIG)?
Zigup Plc reported trailing-twelve-month revenue of about £1.8B (latest available figure, as of Jul 19, 2026).
What is the net profit margin of ZIG?
The net profit margin of Zigup Plc is about 4.7%, meaning it keeps roughly 4.7% of revenue as net income. Based on the latest reported figures.
Does Zigup Plc pay a dividend?
Zigup Plc currently shows a dividend yield of about 5.68% relative to its recent price (as of Jul 19, 2026).

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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