ZS

Verdict

ZS is Fairly Valued: at $196.60 it's within 4% of its fair value of $189.90. There's no buy price: it has lost money 3 years in a row, so its value rests on sales alone. Business quality is solid: 3 of 5 key numbers clear the 10% bar.

How we valued it

Sales-Based (P/S). It still reports accounting losses, but even after paying staff in stock it generated cash in 3 of the last 3 years. Until profits show up, we value it on its sales.

Business quality

3 of 5 clear the 10% bar. What are the Big Five?

About Zscaler, Inc.

Globally recognized, Zscaler, Inc. functions as a leading provider of cloud-based security solutions. Its core offerings include Zscaler Internet Access (ZIA), which ensures secure connectivity for a diverse range of entities – including users, servers, operational technology (OT), and IoT devices – when accessing external resources like software-as-a-service (SaaS) applications and general internet destinations…

Software - Infrastructure