Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Zaptec ASA is a Norway-based technology company specializing in the development and sale of electric vehicle (EV) chargers, charging systems, and related services across Norway, Sweden, Switzerland, Denmark, Iceland, and other European markets. Its primary products include the Zaptec Go, a compact alternating current wallbox charger for homes that enables charging up to 10 times faster than standard sockets, and the Zaptec Pro, designed for larger installations in housing cooperatives, companies, and new builds. Complementing these are the Zaptec Portal, a cloud-based platform for real-time monitoring, load balancing, and power optimization across stations, and Zaptec Sense, which automatically adjusts charging speeds to prevent overloads and outages. The company also provides accessories such as charging cables, RFID tags, and load balancers. Founded in 2012 and headquartered in Stavanger, Norway, with approximately 200 employees, Zaptec ASA operates subsidiaries in key markets like Germany, Sweden, and Denmark, playing a vital role in advancing accessible and sustainable EV infrastructure in the consumer discretionary sector.
NOK 4.19
+NOK 0.06 (+1.33%)
EOD Jul 1, 2026
Operating margin is thin at 5.60%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue up 20.9% YoY with margins expanding 3.9pp.
Even for strong businesses, today's 5x P/E means the stock needs to keep delivering. There's no margin of safety if growth disappoints.
4.6x earnings, 0.8x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
NOK 1.64B
▲ +20.9% YoY
Net Income (TTM)
NOK 80M
▲ +1765.3% YoY
Op. Margin
7.37%
▲ +3.9pp YoY
ROIC
7.86%
▲ +5.8pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
NOK 470M
▲ +592.3% YoY
Op. Cash Flow (TTM)
NOK 495M
▲ +649.7% YoY
Net Debt
-NOK 379M
Net Cash Position
Cash & Equiv.
NOK 429M
3Y CAGR: +27.6%
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At a P/E of 4.6 and a price-to-free-cash-flow of 0.8, Zaptec ASA (ZAP.XOSL) trades below a two-stage DCF intrinsic value of about NOK 276.04 per share, so at NOK 4.19 the stock looks undervalued (6,488.2% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Zaptec ASA scores 74/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about NOK 276.04 per share for ZAP.XOSL, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around NOK 207.03. At today's NOK 4.19, that puts the stock about 6,488.2% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Zaptec ASA scores 74 out of 100 on Intrinsiqq's quality score, a weighted blend of 7 metrics each scored 0 to 100, which makes it a solid business on these measures. Recent fundamentals include a 7.4% operating margin and a 7.9% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
That depends on valuation and quality together, not either alone. ZAP.XOSL currently trades below its estimated intrinsic value and scores 74/100 on quality (solid). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.