Zeta Global Holdings (FRA:8EO) ROIC %: -3.55% (As of Mar. 2026)


FRA:8EO Zeta Global Holdings Corp FRA:8EO
63 GF Score
Price €16.48
GF Value €16.64
Valuation Fairly Valued
! 3 Warning Signs
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What is Zeta Global Holdings ROIC %?

Zeta Global Holdings FRA:8EO +3.39% 63 ROIC % is -3.55% as of Mar. 2026. GuruFocus rates FRA:8EO with a GF Score™ of 63/100 and a GF Value™ of €16.64 (Fairly Valued). The stock has 3 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Zeta Global Holdings's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was -3.55%.

As of today (2026-06-28), Zeta Global Holdings's WACC % is 11.23%. Zeta Global Holdings's ROIC % is 3.38% (calculated using TTM income statement data). Zeta Global Holdings earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Zeta Global Holdings  (FRA:8EO) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Zeta Global Holdings's WACC % is 11.23%. Zeta Global Holdings's ROIC % is 3.38% (calculated using TTM income statement data). Zeta Global Holdings earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Zeta Global Holdings ROIC % Related Terms


Zeta Global Holdings ROIC % Historical Data

* Premium members only.

The historical data trend for Zeta Global Holdings's ROIC % 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.

Zeta Global Holdings ROIC % Chart

Zeta Global Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial -131.46 -111.83 -62.11 -13.24 3.27

Zeta Global Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROIC % 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 -8.83 -3.45 10.50 15.75 -3.55

FRA:8EO vs S, PATH, BLSH: ROIC % Comparison

For the Software - Infrastructure subindustry, Zeta Global Holdings's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Zeta Global Holdings ROIC % vs Software Industry

For the Software industry and Technology sector, Zeta Global Holdings's ROIC % distribution charts can be found below:

* The bar in red indicates where Zeta Global Holdings's ROIC % falls into.


FRA:8EO
63GF Score
Zeta Global Holdings Corp FRA:8EO
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Zeta Global Holdings ROIC % Calculation

Zeta Global Holdings's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROIC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=24.599 * ( 1 - 4.77% )/( (554.044 + 877.911)/ 2 )
=23.4256277/715.9775
=3.27 %

where

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1061.361 - 157.637 - ( 349.68 - max(0, 190.367 - 588.796+349.68))
=554.044

Invested Capital(A: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1284.009 - 187.216 - ( 273.078 - max(0, 366.777 - 585.659+273.078))
=877.911

Zeta Global Holdings's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-36.056 * ( 1 - 16.28% )/( (877.911 + 824.541)/ 2 )
=-30.1860832/851.226
=-3.55 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1284.009 - 187.216 - ( 273.078 - max(0, 366.777 - 585.659+273.078))
=877.911

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1251.825 - 177.49 - ( 249.794 - max(0, 271.792 - 561.655+249.794))
=824.541

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of -3.55% mean?
Zeta Global Holdings (FRA:8EO) has a ROIC % of -3.55% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Zeta Global Holdings and its competitors.
Is Zeta Global Holdings' ROIC % too high?
Zeta Global Holdings' current ROIC % is -3.55%. Overall, Zeta Global Holdings has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zeta Global Holdings' ROIC % compare to S and PATH?
Zeta Global Holdings' ROIC % of -3.55% can be compared against companies in the Software industry. The industry median ROIC % is 3.03. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Software company?
The median ROIC % among Software companies is 3.03, based on 2,827 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Zeta Global Holdings and its competitors. For the Software industry, the median ROIC % is 3.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zeta Global Holdings's current ROIC % is -3.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zeta Global Holdings stock overvalued right now?
Based on GuruFocus' analysis, Zeta Global Holdings (FRA:8EO) is currently considered Fairly Valued. The stock's GF Value™ is €16.64, compared to a current price of €16.48 — trading 1% below its estimated fair value. The current ROIC % is -3.55%. Zeta Global Holdings' overall GF Score™ is 63/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Zeta Global Holdings (FRA:8EO), the current ROIC % is -3.55% 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 Zeta Global Holdings (FRA:8EO) Overvalued in 2026?

Based on GuruFocus' analysis, Zeta Global Holdings stock appears to be undervalued. The current stock price of €16.48 is trading 1% below its estimated GF Value™ of €16.64. GuruFocus considers Zeta Global Holdings to be Fairly Valued.

Key valuation signals for FRA:8EO:

  • ROIC %: -3.55%
  • GF Value™: €16.64 vs. price of €16.48 (1% below fair value)
  • GF Score™: 63/100 with 3 warning signs

No single metric tells the full story. See the FRA:8EO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zeta Global Holdings Business Description

Other Exchanges ZETA:USAZ1TA34:Brazil
Address 3 Park Avenue, 33rd Floor, New York, NY, USA, 10016
Zeta Global Holdings Corp is an omnichannel data-driven cloud platform that provides enterprises with consumer intelligence and marketing automation software. It serves enterprise customers across multiple industries, including financial services, insurance, telecommunications, automotive, travel and hospitality, and retail. Its Zeta Marketing Platform, or ZMP, is an omnichannel marketing platform with identity data at its core. The ZMP can analyze billions of structured and unstructured data points to predict consumer intent by leveraging sophisticated machine learning algorithms and the industry's opted-in data set for omnichannel marketing. The company operates in U.S, where it generates maximum revenue and Internationally as well.
63GF Score

Get the complete analysis for FRA:8EO

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

€16.48
Price
€16.64
GF Value