Zabka Group S.A. (ZAB.WA) stock analysis

In our weekly check, Zabka Group S.A. is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 21 pass, warnings: 2, red flags: 2.

About Zabka Group S.A.

Zabka Group S.A. is a Consumer Defensive company (Grocery Stores) based in Luxembourg, listed on WSE as ZAB.WA.

What our checks show for ZAB.WA

Red flags

• Net debt is 1.8x a year of EBITDA (debt/equity 3.45). That limits room in a downturn and raises refinancing risk.
• The net margin is only 4.6%: little room if costs rise.

Warning signs

• Operating profit covers interest only 2.7 times: a weak year could make the payments hard.
• The gross margin fell by 1.8 points, to 17.2%: costs are rising faster than prices.

Strengths

• The net margin rose by 0.7 points over 5 years, to 4.6%.
• Operating cash flow is 3.17x net profit: the profit arrives as real cash.
• Analysts expect earnings per share to grow about 16.4% a year over the next years.
• Revenue grew 23.4% a year over the last 3 years.
• Earnings per share grew 53.6% a year over the last 3 years.
• Net profit grew 53.2% a year over the last 3 years.

Similar companies

TSCO.L · COL.AX · AD.AS · DNP.WA · KR · WN.TO

Questions

What grade does Zabka Group S.A. (ZAB.WA) have?

In our weekly check, Zabka Group S.A. is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 21 pass, warnings: 2, red flags: 2. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of ZAB.WA stock?

This week's biggest flags for Zabka Group S.A.: High debt, Thin margins, Weak interest cover. In total 4 of 25 checks show a warning or a red flag.

What does Zabka Group S.A. do?

Zabka Group S.A. is a Consumer Defensive company (Grocery Stores) based in Luxembourg, listed on WSE as ZAB.WA.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

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