ZLDSF (Zalando SE) Beginning Cash Position: $2,170 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ZLDSF Zalando SE ZLDSF
70 GF Score
Price $26.00
GF Value $48.72
Valuation Significantly Undervalued
! 8 Warning Signs
View Full Analysis

What is Zalando SE Beginning Cash Position?

Zalando SE ZLDSF 70 Beginning Cash Position is $2,170 Mil as of Mar. 2026. GuruFocus rates ZLDSF with a GF Score™ of 70/100 and a GF Value™ of $48.72 (Significantly Undervalued). The stock has 8 warning signs investors should review.

Zalando SE's Beginning Cash Position for the quarter that ended in Mar. 2026 was $2,170 Mil.

Zalando SE's quarterly Beginning Cash Position declined from Sep. 2025 ($2,562 Mil) to Dec. 2025 ($1,545 Mil) but then increased from Dec. 2025 ($1,545 Mil) to Mar. 2026 ($2,170 Mil).

Zalando SE's annual Beginning Cash Position increased from Dec. 2023 ($2,208 Mil) to Dec. 2024 ($2,653 Mil) and increased from Dec. 2024 ($2,653 Mil) to Dec. 2025 ($3,030 Mil).

Zalando SE Beginning Cash Position Related Terms

Zalando SE Beginning Cash Position Historical Data

* Premium members only.

The historical data trend for Zalando SE's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Zalando SE Beginning Cash Position Chart

Zalando SE Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,987.46 2,423.62 2,208.07 2,652.67 3,030.33

Zalando SE Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,797.62 2,259.98 2,562.21 1,544.97 2,170.41
ZLDSF
70GF Score
Zalando SE ZLDSF
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zalando SE Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $2,170 Mil mean?
Zalando SE (ZLDSF) has a Beginning Cash Position of $2,170 Mil as of Mar. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Zalando SE and its competitors.
Is Zalando SE's Beginning Cash Position too high?
Zalando SE's current Beginning Cash Position is $2,170 Mil. Overall, Zalando SE has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zalando SE's Beginning Cash Position compare to AMZN and BABA?
Zalando SE's Beginning Cash Position of $2,170 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Retail - Cyclical company?
A good Beginning Cash Position depends on the Retail - Cyclical industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Zalando SE and its competitors. Zalando SE's current Beginning Cash Position is $2,170 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zalando SE stock overvalued right now?
Based on GuruFocus' analysis, Zalando SE (ZLDSF) is currently considered Significantly Undervalued. The stock's GF Value™ is $48.72, compared to a current price of $26.00 — trading 46.6% below its estimated fair value. The current Beginning Cash Position is $2,170 Mil. Zalando SE's overall GF Score™ is 70/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Zalando SE (ZLDSF), the current Beginning Cash Position is $2,170 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Zalando SE (ZLDSF) Overvalued in 2026?

Based on GuruFocus' analysis, Zalando SE stock appears to be undervalued. The current stock price of $26.00 is trading 46.6% below its estimated GF Value™ of $48.72. GuruFocus considers Zalando SE to be Significantly Undervalued.

Key valuation signals for ZLDSF:

  • Beginning Cash Position: $2,170 Mil
  • GF Value™: $48.72 vs. price of $26.00 (46.6% below fair value)
  • GF Score™: 70/100 with 8 warning signs

No single metric tells the full story. See the ZLDSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zalando SE Business Description

Address Valeska-Gert-Strabe 5, Berlin, DEU, 10243
Zalando, founded in 2008, is Europe's biggest pure-play online fashion platform. Zalando is present in 25 European countries, and its major market is the DACH region, comprising Germany, Austria, and Switzerland. After the About You acquisition, it has 17 fulfillment centers, offers over 7,000 brands, and as of September 2025, had 62 million active users (more than 10% of the population in countries where the firm has a presence).
70GF Score

Get the complete analysis for ZLDSF

Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$26.00
Price
$48.72
GF Value