Zscaler IncZS
Price$199.42Intrinsic value$385.4393% above price

Valuation

How Intrinsic Value compares with model outputs

Intrinsic Value $385.43median of 3 methodsbased on filings through 30 Apr 2026
Market Price $199.42Price as of 30 Sep 2026
Margin of Safety +93.3%as of 30 Sep 2026

Valuation methods vs. Market Price

Company vs. peer median Members

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Assumptions

ParameterValue
Years 1–5: analyst growth pathFive-year total matches analyst consensus exactly. Year 1: 11.5% (near-term consensus, capped) · years 2–5: 19.5%/yr (balance of the path).17.9% per year
Years 6–10: glide to demonstrated growth
Per-year rates
Yr 619.2%Yr 718.9%Yr 818.5%Yr 918.2%Yr 1017.9%
19.5% → 17.9%
Years 11–20: glide to long-run rate
Per-year rates
Yr 1116.4%Yr 1214.9%Yr 1313.4%Yr 1411.9%Yr 1510.4%Yr 168.9%Yr 177.5%Yr 186.0%Yr 194.5%Yr 203.0%
17.9% → 3.0%
Beyond year 20: terminal growthPerpetual long-run rate3.0%
Discount rate (cost of equity) 9.2%
Volatility vs market (adjusted beta)0.94

Valuation Detail Members

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Assumptions Sandbox Members

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Compare with peers

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Best in rowHigher is betterLower is better—Data not available
TargetZscaler IncZSInformation Technology
Valuation
P/E—
P/S9.6×
P/B12.2×
EV / Revenue9.7×
EV / EBITDA—
Profitability
Gross margin76.8%
Operating margin-4.0%
Net margin-1.9%
FCF margin25.4%
Returns
ROE-2.4%
ROA-0.8%
ROIC—
Growth
Revenue growth (YoY)25.4%
5-yr fwd EPS growth17.9%
Financial strength
Debt / Equity0.44×
Current ratio1.70×
Altman Z-Score4.4
Interest coverage—
Dividend yield—

Best value in each row is highlighted. Figures are periodic snapshots from the same filings used across each dossier; a dash means the figure is not available.

AI-assisted, source-linked narrative; figures from company filings (SEC EDGAR) and market data. Dates shown per section. Not investment advice. Terms of Use.