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← CockpitCompetitor Analysis › ZV.MI Zignago Vetro SpAOpen in the cockpit ↗

Zignago Vetro SpAZV.MICompetitor analysis, valuation and peers

Italy · EUR·Materials›Containers/Packaging
Momentum weak 24
Mkt cap
$628M
US dollars, full cap
Free float
35%
of shares outstanding
$/day
$719,253
20-day average traded
Fwd P/E
16.8×
forward earnings
ROIC−WACC
-3.9 pp
WACC 8.9%
Hurdle
+5 pp
Req g minus delivered
Next earnings
132 days
18 Mar 2027
Close · EUR€6.29
1D-7.6%
1W-2.6%
1M0.0%
3M-10.4%
6M-10.4%
YTD-19.1%
1Y-11.4%
ATR %3.0%
52w lowhigh22.8% off high

What Zignago Vetro does

Employees: 1,747

Zignago Vetro at a glance

Size Zignago Vetro (ZV.MI) is an Italy Materials company (Containers/Packaging) with a market value of $628M, the 101st largest of 123 Italy companies the cockpit tracks. Shares closed at €6.29 on 6 Nov 2026.

Performance Over six months the shares fell 10.4%, against -15.5% for the median peer and +3.1% for the Italy market (cap-weighted) — 10th highest of 21 in its peer set.

Growth Revenue grew 0.2% over the last twelve months (peer median +2.8%); the operating margin is 8.3% (peer median 5.6%).

Valuation It trades at 16.8× forward earnings against a peer median of 19.2× (5th cheapest of 13).

Price implies For today's price to make sense, revenue must grow about 13% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is +5 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 3.9 points below its cost of capital (8.9% WACC).

Next results Next results expected around 18 Mar 2027 (exchange calendar; dates can move).

Relative performance

809010011011 May 202611 Aug 20266 Nov 2026ZV.MI 90Peer median 86
Six months, rebased to 100: Zignago Vetro against the median of its 20 peers (local-currency closes).

Zignago Vetro financials

Reported figures in EUR; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue€440M€445M€455M€520M€469M
Revenue growth—-2%-13%+11%—
Gross profit€35.4M€187M€195M€277M€216M
EBITDA€84.8M€74.8M€87.5M€153M€97.9M
Net income€34.9M€27.3M€51.9M€122M€86.6M
Free cash flow€45.3M€85.7M€54.7M€103M-€3.87M
Capital expenditure€49.0M€33.1M€47.5M€39.3M€73.0M
Total debt€238M€247M€254M€269M€337M

Quarterly statements and history in the cockpit →

Zignago Vetro competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

0%+50%-20%-10%0%7504SBT2519705122301193002522KRT603499688683990739503005660613301595EPL002228688680002752002735ZV.MI6-month return →1-month return →
Up and to the right = strong over both horizons. Zignago Vetro is the large dot.

Fundamentals: revenue growth against valuation

-10%0%+10%20×40×60×80×7504SBT251970KRT9907300566301595EPL002228002752002735688299ZV.MIRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Zignago Vetro is the large dot.

Capital: growth delivered against growth the price implies

-10%0%+10%+20%-10%0%10%20%SBT251970002522KRT60349999073950300566EPL688680002752688299ZV.MIGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Zignago Vetro is the large dot.

Zignago Vetro competitors and peer comparison

How Zignago Vetro compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Zignago Vetro against its 20 peers (data as of 6 Nov 2026)
MeasureZV.MIPeer medianRank in peer set
1-month return0.0%-8.1%5th highest of 21
6-month return-10.4%-15.5%10th highest of 21
Distance from 52-week high-22.8%-42.4%8th highest of 21
Revenue growth (TTM)+0.2%+2.8%8th lowest of 21
Operating margin8.3%5.6%8th highest of 21
Forward P/E16.8×19.2×5th cheapest of 13
Growth the price implies (Req g, 7 yrs)12.7%4.7%6th most demanding of 13
Growth delivered (Del g)+7.7%+8.6%6th lowest of 13
Hurdle (Req g minus delivered)+5.0 pp+0.4 pp6th most demanding of 13
ROIC minus cost of capital-3.9 pp+0.9 pp6th lowest of 21
EV / EBITDA8.5×10.4×5th cheapest of 10
Net debt / EBITDA1.9×0.0×3rd most indebted of 11

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Zignago Vetro ZV.MIItaly$628M-10%0%8%16.8×12.7%+7.7%
Kohsoku 7504.TJapan$629M+75%+8%4%21.6×n/an/a
Oeneo SBT.PAFrance$617M-1%-10%14%25.4×1.0%+0.2%
Pum-tech Korea 251970.KSSouth Korea$642M+70%+3%15%15.0×-4.2%+13.6%
Okamoto Industries 5122.TJapan$648M+6%0%6%n/an/an/a
Ningbo Homelink Eco-iTech 301193.SZChina$602M-38%+44%-4%n/an/an/a
Zhejiang Zhongcheng Packing Material 002522.SZChina$658M-24%+4%5%n/a14.5%+2.1%
Karat Packaging KRTUnited States$669M+19%+12%13%20.5×-2.4%+9.6%
Shanghai Sunglow Packaging Technology 603499.SSChina$669M-29%+9%10%n/a24.1%+16.4%
GuangDong Leary New Material Technology 688683.SSChina$586M-45%+83%5%n/an/an/a
Ton Yi Industrial 9907.TWTaiwan$678M-19%-11%4%16.9×-6.3%+8.8%
Pack 3950.TJapan$550M+13%+4%7%n/a-8.4%+5.6%
Ningbo Exciton Technology 300566.SZChina$730M-2%-2%9%17.9×8.4%+8.4%
Planetree International Development 0613.HKHong Kong$733M+151%-62%1,735%n/an/an/a
Guangdong Taili Technology 301595.SZChina$536M-12%+2%3%74.4×n/an/a
EPL EPL.NSIndia$752M-6%+17%12%15.7×16.0%+8.8%
Xiamen Hexing Packaging Printing 002228.SZChina$520M-25%+2%1%15.4×n/an/a
Shanghai HIUV New Materials 688680.SSChina$518M-28%-34%-29%n/a25.4%-4.7%
Sunrise 002752.SZChina$766M-29%+8%6%11.1×-5.7%+17.2%
Shenzhen Prince New Materials 002735.SZChina$514M-34%+2%-8%79.7×n/an/a
Ningbo Solartron Technology 688299.SSChina$507M-34%-15%-11%20.5×16.7%+0.9%

Questions

Which companies are Zignago Vetro's closest peers?
The cockpit's peer set: Kohsoku (7504.T), Oeneo (SBT.PA), Pum-tech Korea (251970.KS), Okamoto Industries (5122.T), Ningbo Homelink Eco-iTech (301193.SZ), Zhejiang Zhongcheng Packing Material (002522.SZ), Karat Packaging (KRT), Shanghai Sunglow Packaging Technology (603499.SS).
Is Zignago Vetro expensive compared with its peers?
On forward p/e it trades at 16.8× against a peer median of 19.2×, 5th cheapest of 13 in its peer set. For today's price to make sense, revenue must grow about 13% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is +5 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Zignago Vetro stock performed?
Over six months to 6 Nov 2026 the shares returned -10.4% against -15.5% for the median peer; over one year -11.4%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.