ZetaDisplay (ZETA.ST) Stock Price

ZetaDisplay Price

Delisted

Revenue has compounded at 28.4% per year over the past 14 years to 366.25 M SEK. Earnings per share have grown at 101.8% per year over the last 3 years. ZetaDisplay's net margin stands at -5.0%, down from 2.8% several years earlier.

ZetaDisplay stock price

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Stock Price

How to Read This Chart

This chart tracks the historical stock price of ZetaDisplay over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how ZetaDisplay stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing ZetaDisplay's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

ZetaDisplay Stock Price History
DateZetaDisplay Price
Access this data via the Eulerpool API

ZetaDisplay Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2018
404.10 M SEK
30.46 M SEK
25.58 M SEK
Jan 1, 2019
436.13 M SEK
3.43 M SEK
15.04 M SEK
Jan 1, 2020
366.25 M SEK
3.66 M SEK
-18.30 M SEK
Jan 1, 2021 (e)
507.96 M SEK
0.00 SEK
30.89 M SEK
Jan 1, 2022 (e)
597.72 M SEK
0.00 SEK
44.81 M SEK
Jan 1, 2023 (e)
673.20 M SEK
0.00 SEK
52.04 M SEK
Jan 1, 2024 (e)
759.99 M SEK
0.00 SEK
66.63 M SEK
Jan 1, 2025 (e)
875.12 M SEK
0.00 SEK
87.02 M SEK

ZetaDisplay Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 7, 2026, 8:23 PM
 
REVENUEM SEK
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM SEK
EBITM SEK
EBIT MARGIN%
NET INCOMEM SEK
NET INCOME GROWTH%
SHARESM
201020112012201320142015201620172018201920202021e2022e2023e2024e2025e
49.0043.0051.0060.0058.00103.00142.00198.00404.00436.00366.00507.00597.00673.00759.00875.00
68.97-12.2418.6017.65-3.3377.5937.8639.44104.047.92-16.0638.5217.7512.7312.7815.28
324.49369.77311.7615.0022.4123.3035.2135.8634.1639.9143.4443.4443.4443.4443.4443.44
159.00159.00159.009.0013.0024.0050.0071.00138.00174.00159.00220.25259.35292.37329.73380.12
-8.00-2.004.008.005.0030.003.003.00
-13.33-3.453.885.632.537.430.690.82
-8.00-3.001.003.00-1.0025.0015.00-18.0030.0044.0052.0066.0087.00
-62.50-133.33200.00-133.33-2,600.00-40.00-220.00-266.6746.6718.1826.9231.82
27.2827.2827.2827.2827.2827.2857.9212.2625.9826.8027.2827.2827.2827.2827.2827.28
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales ZetaDisplay generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue ZetaDisplay retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare ZetaDisplay's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares ZetaDisplay has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against ZetaDisplay's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

ZetaDisplay stock margins

The ZetaDisplay margin analysis displays the gross margin, EBIT margin, as well as the profit margin of ZetaDisplay. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for ZetaDisplay.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2016
35.41 %
6.04 %
2.78 %
Jan 1, 2017
35.90 %
2.98 %
-0.97 %
Jan 1, 2018
34.17 %
7.54 %
6.33 %
Jan 1, 2019
40.08 %
0.79 %
3.45 %
Jan 1, 2020
43.64 %
1.00 %
-5.00 %
Jan 1, 2021 (e)
43.64 %
0.00 %
6.08 %
Jan 1, 2022 (e)
43.64 %
0.00 %
7.50 %
Jan 1, 2023 (e)
43.64 %
0.00 %
7.73 %

ZetaDisplay Stock Revenue, EBIT, Earnings per Share

The ZetaDisplay earnings per share therefore indicates how much revenue ZetaDisplay has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2016
2.46 SEK
0.15 SEK
0.07 SEK
Jan 1, 2017
16.21 SEK
0.48 SEK
-0.16 SEK
Jan 1, 2018
15.55 SEK
1.17 SEK
0.98 SEK
Jan 1, 2019
16.27 SEK
0.13 SEK
0.56 SEK
Jan 1, 2020
13.42 SEK
0.13 SEK
-0.67 SEK
Jan 1, 2021 (e)
18.62 SEK
0.00 SEK
1.13 SEK
Jan 1, 2022 (e)
21.91 SEK
0.00 SEK
1.64 SEK
Jan 1, 2023 (e)
24.67 SEK
0.00 SEK
1.91 SEK

ZetaDisplay business model & stock analysis

ZetaDisplay AB is a leading provider of digital signage solutions and services based in Malmö, Sweden. The company was founded in 2003 and is listed on the NASDAQ Stockholm. The core business of ZetaDisplay is the development, production, and installation of digital signage systems, which the company sells directly to end customers as well as through partners. ZetaDisplay's products are available in various sizes and formats and can be used for a variety of applications, from advertising and information to entertainment. ZetaDisplay also offers a wide range of services, including planning, design, content development, and content management. The company specializes in developing customized solutions for customers with specific requirements. Over the years, ZetaDisplay has expanded its product range and services to also target other areas, such as interactive solutions, outdoor displays, as well as retail and hospitality. ZetaDisplay was founded in 2003 by a team of specialists in marketing, IT, and electronics who recognized the potential of digital signage solutions. The company quickly gained a reputation by offering innovative technologies and creative content. In 2011, ZetaDisplay acquired the Swedish competitor BD-Partner, expanding its market position in Scandinavia. In 2018, the company acquired the German provider of digital signage solutions, the HTML Company. ZetaDisplay has also established a presence in Norway, Denmark, and Finland. ZetaDisplay's portfolio includes a wide range of digital signage solutions tailored to the needs of various industries. These include: - Indoor displays: ZetaDisplay's indoor displays come in various sizes and formats and can be installed as single screens or video walls. - Outdoor displays: ZetaDisplay's outdoor displays are robust and weatherproof, making them suitable for use in all weather conditions. They are ideal for use in public areas such as streets, train stations, or airports. - Interactive solutions: ZetaDisplay offers interactive solutions such as touchscreen monitors and kiosks that allow users to interact with everything from advertising to information. - Retail and hospitality: ZetaDisplay's solutions for retail and hospitality include digital menu boards, product information, promotion displays, and customer-oriented service offerings. - Content development and management: ZetaDisplay is also specialized in content development and digital content management. The company offers a wide range of services ranging from concept development to production and implementation. In conclusion, ZetaDisplay AB is a leading provider of digital signage solutions and services. The company has expanded its product range and services throughout its history and has established itself in Scandinavia and beyond. With a wide range of solutions tailored to the needs of various industries, ZetaDisplay is well positioned to continue to be successful.

ZetaDisplay SWOT Analysis

Strengths

ZetaDisplay AB has several key strengths that contribute to its success in the market. These include:

  • Strong brand reputation and recognition in the industry.
  • Extensive product portfolio offering a wide range of solutions.
  • Robust and scalable technology platform for efficient operations.
  • Established customer base with long-term contracts, ensuring recurring revenue.
  • Experienced and knowledgeable team with expertise in digital signage solutions.

Weaknesses

Despite its strengths, ZetaDisplay AB also faces certain weaknesses that may hinder its growth and competitiveness:

  • Dependence on a limited number of large clients, posing a risk to revenue stability.
  • Relatively high operating costs due to the requirement of specialized resources.
  • Limited market presence in certain geographic regions.
  • Challenges in adapting to rapidly changing customer preferences and technological advancements.

Opportunities

ZetaDisplay AB can capitalize on various opportunities to further expand its market reach and enhance its position:

  • Increasing demand for digital signage solutions in various sectors, such as retail, transportation, and hospitality.
  • Growing trend towards omnichannel marketing, creating opportunities for integrated advertising solutions.
  • Expansion into new geographic markets with untapped potential.
  • Strategic partnerships and collaborations to access complementary technologies and expertise.

Threats

ZetaDisplay AB faces certain threats that may impact its growth and competitive position:

  • Intense competition from both established players and emerging startups in the digital signage industry.
  • Economic downturns and uncertain market conditions may lead to reduced customer spending.
  • Rapid technological advancements that could render existing solutions obsolete if not proactively adapted.
  • Regulatory changes or restrictions on advertising and data privacy may affect the company's operations.

ZetaDisplay Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

ZetaDisplay historical P/E ratio, EBIT multiple, and P/S ratio

ZetaDisplay annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

ZetaDisplay shares outstanding

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Number of stocks
Details
Date
Number of stocks
Jan 1, 2016
57.92 M Stocks
Jan 1, 2017
12.26 M Stocks
Jan 1, 2018
25.98 M Stocks
Jan 1, 2019
26.80 M Stocks
Jan 1, 2020
27.28 M Stocks
Jan 1, 2021 (e)
27.28 M Stocks
Jan 1, 2022 (e)
27.28 M Stocks
Jan 1, 2023 (e)
27.28 M Stocks
Price targets and forecasts for ZetaDisplay are not yet available.

ZetaDisplay Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
2/7/20200.38SEK-137.03 MSEK-2019 Q4
11/7/20190.11SEK-85.26 MSEK-2019 Q3
2/22/20180.35SEK-74.10 MSEK-2017 Q4
11/9/20170.12SEK-47.70 MSEK-2017 Q3
8/16/20170.10SEK-51.76 MSEK-2017 Q2

ZetaDisplay shareholder structure

% Name
98.07840%
Hanover Active Equity Fund II S.C.A. SICAV-RAIF
Hanover Active Equity Fund II S.C.A. SICAV-RAIF
4.47284%
Avanza Bank Holding AB
Avanza Bank Holding AB
4.39813%
Moberg (Anders)
Moberg (Anders)
4.31100%
AMF Pensionsförsäkring AB
AMF Pensionsförsäkring AB
4.03162%
Pronto Holding AS
Pronto Holding AS
3.72009%
Leander (Mats)
Leander (Mats)

Frequently asked questions about ZetaDisplay

The business model of ZetaDisplay AB revolves around providing digital signage solutions and services. ZetaDisplay offers a wide range of products and services, including software platforms, content creation, installation, and maintenance. The company focuses on helping businesses enhance their brand presence and engage with customers through dynamic digital displays. ZetaDisplay serves various industries, such as retail, banking, transportation, and healthcare, delivering tailored solutions that address specific needs and challenges. With a strong track record in the digital signage sector, ZetaDisplay AB aims to continuously innovate and provide cutting-edge solutions to maximize customer engagement and drive business growth.

ZetaDisplay AB is primarily active in the industries of digital signage and visual communication solutions.

Some main competitors of ZetaDisplay AB in the market include companies like Scala, STRATACACHE, and Ecrebo.

ZetaDisplay AB is a leading provider of digital signage solutions, empowering companies to engage with their customers through innovative visual communication. Founded in 2003, ZetaDisplay AB has a rich history of delivering cutting-edge technology and services to clients across various industries. With a strong focus on enhancing customer experiences, the company offers a comprehensive portfolio of software, hardware, and services, enabling effective communication and impactful display solutions. ZetaDisplay AB has established a strong presence in the market, consistently delivering high-quality products and services that drive customer engagement and brand recognition. With a track record of success, ZetaDisplay AB continues to be a trusted partner for businesses seeking dynamic and engaging digital signage solutions.

ZetaDisplay AB has achieved several significant milestones in its journey. The company has witnessed remarkable growth and expansion, becoming a leading provider of digital signage solutions in the European market. ZetaDisplay AB has successfully established itself as a trusted partner for businesses seeking innovative and engaging ways to communicate with their audience. With a strong focus on technological advancements, ZetaDisplay AB has consistently introduced cutting-edge solutions and services, reinforcing its position as a market leader. The company's continuous efforts in delivering exceptional quality, customer satisfaction, and competitive advantage have contributed to its remarkable success and recognition in the industry.

ZetaDisplay AB is primarily present in several countries and regions throughout Europe. Its main focus is on the Nordic countries, including Sweden, Denmark, Norway, and Finland, where the company has a strong presence. Additionally, ZetaDisplay AB also operates in the United Kingdom and Germany, further expanding its market reach. With its expertise in digital signage solutions and services, ZetaDisplay AB continues to expand its footprint, providing innovative solutions to clients in various industries across these countries and regions.

ZetaDisplay AB is a leading provider of digital signage solutions, specializing in customer experience management. The company values innovation, quality, and customer satisfaction as core principles. ZetaDisplay AB believes in leveraging the power of technology and design to create engaging and personalized experiences for businesses and their customers. With a customer-centric approach and a commitment to excellence, ZetaDisplay AB aims to deliver effective and impactful solutions that drive brand awareness, increase sales, and enhance overall business performance. As a company, ZetaDisplay AB strives to continuously evolve and adapt to the changing needs of the market, ensuring long-term success for its clients and stakeholders.

As a conclusion, ZetaDisplay AB's business model is characterized by a comprehensive digital platform that allows companies to present their products and services in a modern and user-friendly way. The extensive hardware, software, and services divisions make it attractive to customers in all industries, as they do not have to invest significant effort in integrating the solutions and can focus on their core business. The subscription basis also ensures continuous customer loyalty and enables ZetaDisplay to flexibly meet the needs of its customers.

The revenue cannot currently be calculated for ZetaDisplay.

The profit cannot currently be calculated for ZetaDisplay.

The P/E ratio cannot be calculated for ZetaDisplay at the moment.

The P/S cannot be calculated for ZetaDisplay currently.

The Eulerpool Quality Score for ZetaDisplay is 3/10.

The ISIN of ZetaDisplay is SE0001105511. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of ZetaDisplay is A1H886. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of ZetaDisplay is ZETA.ST. The ticker symbol is used to trade ZetaDisplay shares on the stock exchange.

ZetaDisplay is assigned to the 'Communication' sector.

The dividends of ZetaDisplay are distributed in SEK.

All fundamentals and in-depth analysis of ZetaDisplay

Our stock analysis for ZetaDisplay stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of ZetaDisplay. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.