Obermatt

ZTO Express (Cayman)

HKG:2057 · KYG9897K1058
Air Freight & LogisticsX-Large

360

91
EV / EBIT85
Price / Owner Earnings59
Owner Earnings Yield90
Dividend Yield69
Price/Sales15
EV / Gross Profit42
Price/Book19
Return on Capital75
Cash Return on Capital79
Return on Equity73
EBIT Margin81
Gross Profitability45
Cash Conversion17
Accruals18
Owner Earnings Margin92
Sales growth100
Profit Growth100
Long-Term EPS Growth64
Owner Earnings Growth60
Reinvestment82
Price momentum82
Debt load69
Refinancing38
Debt Payback100
Liquidity96
Analyst ratings83
Opinion Changes50
Price Target Upside85
Market mood79
Value Creation18/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

ZTO Express (Cayman) generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryHong Kong SAR China
IndustryAir Freight & Logistics
SizeX-Large
TypePublic Company
ExchangeNYSE
Founded2015
Employees59
ISINKYG9897K1058
Last UpdateApr 2, 2026
Themes
Last Mile TransportationProcess AutomationFleet ManagementData Center TechnologyCourier ServiceFreight ServiceSoftware DevelopmentAutomotiveDeliveryDelivery ServiceE-CommerceLogisticsRetailSupply Chain Management

Description

ZTO Express (Cayman) Inc. operates as an express delivery company in China. The company, through its network partners, provides domestic and international express delivery services, supplemented by other value-added services. The company has develop…

Analysis

Middle-of-the-road

ZTO Express (Cayman) Inc. is a middle-of-the-road business: neither the economics nor the price stand out from the peer group. One caution: reported profits have recently run ahead of actual cash, which we track closely.

The price is fair. You pay 15.7× its owner earnings: the cash an owner could take out each year, which is in the historically fair zone. At today's price, the market is assuming roughly 3% yearly growth; analysts expect 14%. The price, in other words, assumes less than the experts do.

The trajectory is solid and the balance sheet is sturdy. The company scores 18/20 on our value-creation score: strong value creator.

What to watch: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
92
2026

All-time high

94

Mar 2026

All-time low

42

Feb 2026

Average rank

76

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
15
Price/Earnings
61
Price/Book
19
Dividend Yield
69
Value (overall)
26

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

Similar Stocks

The companies this stock is ranked against.

Compare ZTO Express (Cayman) with its peers
Mainfreight
NZC:MFT
93
CountryNew Zealand
IndustryAir Freight & Logistics
SizeLarge
Full Stock Analysis →
T3EX Global Holdings
TAI:2636
49
CountryTaiwan
IndustryAir Freight & Logistics
SizeSmall
Full Stock Analysis →
Singapore Post
SES:S08
77
CountrySingapore
IndustryAir Freight & Logistics
SizeSmall
Full Stock Analysis →
Jin Air
KSC:272450
41
CountrySouth Korea
IndustryAirlines
SizeMedium
Full Stock Analysis →
Odakyu Electric Railway
TYO:9007
11
CountryJapan
IndustryRoad & Rail
SizeLarge
Full Stock Analysis →
KCTC
KSC:009070
69
CountrySouth Korea
IndustryAir Freight & Logistics
SizeSmall
Full Stock Analysis →

Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →