Share Name Share Symbol Market Type Share ISIN Share Description
Zotefoams Plc LSE:ZTF London Ordinary Share GB0009896605 ORD 5P
  Price Change % Change Share Price Shares Traded Last Trade
  6.00 2.22% 276.00 13,676 16:35:12
Bid Price Offer Price High Price Low Price Open Price
268.00 285.00 276.00 276.00 276.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Chemicals 100.75 7.01 9.01 30.6 134
Last Trade Time Trade Type Trade Size Trade Price Currency
16:41:25 O 4,000 271.00 GBX

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Date Time Title Posts
01/7/202216:26Zotefoams with Charts & News1,687
07/8/201807:22Zotefoams (ZTF) One to Watch on Monday 2
31/1/201821:07Zotefoams - Take a look at what is currently OVERLOOKED1
26/10/200200:45ZOTEFOAMS is looking a bargain. forward yld 10.88%-

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Zotefoams Daily Update: Zotefoams Plc is listed in the Chemicals sector of the London Stock Exchange with ticker ZTF. The last closing price for Zotefoams was 270p.
Zotefoams Plc has a 4 week average price of 270p and a 12 week average price of 265p.
The 1 year high share price is 475p while the 1 year low share price is currently 265p.
There are currently 48,621,234 shares in issue and the average daily traded volume is 16,372 shares. The market capitalisation of Zotefoams Plc is £134,194,605.84.
clocktower: Not the best of news for ZTF stockholders: Https://
clocktower: Its been a month and I doubt if anything has changed, other than just the market in general. The only weak link might be to do with Jiangsu Province, China (T-FIT)if there is further fallout from Covid or because of China's policies/actions. Is the growth likely to continue, other than in price - that is the concern imo but the air line business must be getting back on its feet and that could improve profits as the prices were always at the top end for this sector.
km18: ...from last year... Company overview: Zatefoams is among the pioneers in cellular materials and is currently the largest manufacturer of lightweight crosslinked polyolefin block foams. In simpler terms, the material is used for thermal, sound and vibration insulation. With legacy approaching one century, the company has the ambition to be the leader in the sector through innovation and adoption of unique technologies. Management’s ambition is to achieve this goal through organic growth methods, combined with strategic acquisitions. The good news is that sometimes statements lead to a very asset heavy balance sheet, that’s not the case. Very few acquisitions, means nearly no goodwill to impair and eat the profits.  The small cap is benefitting also from great diversification of products provided and exclusive agreement to supply Nike. Trading in 2021 is proving to be strong, evidenced by both the trading update in May and the Interim results posted on 10th of August. In May there was a 60% increase in revenue for the comparable period in 2020. Strong demand, and positive momentum from licences is driving the interim group revenue 39% above H1 2020, at £48.2m. PBT, got to £4m, 48% above H1 2020. Stable financial position provided the base for the slightly increase interim dividend. The only thing putting pressure on the profitability is the inflation of prices of raw materials, bringing down the gross margin to 28.9%, from 34.8%. The time frame of this inflationary pressure brought by C19 is unknown, keep your eyes opened for further lockdowns. Management expects the momentum in sales to persist in the second half, based on strong order book and ameliorating economic conditions. For adequate decision making, we should consider the high capex, as it forces the cashflow in the red. If CapEx is for growth, the stock is very attractive, with the possibility of net debt going down and margins increasing. Projects: Company has invested in a factory in Poland, which should bring down the high levels of Capex and increase the ROCE. Short analysis (interim): Cash was down compared to last report in December by 21% Net debt did not change and is still positive CA/CL =  1.5 Cash ratio = 0.16 Interest coverage (Annual 2020) = 13.9 P/S = 2.61 BV ps = 194, growing at 11.1% CAGR Operating profit was £4.65m, 48% above H1 2020 Gross profit Margin = 28.9%... ...from WealthOracleAM
edwardt: hmm ztf is trading at or jsut below replacement value. this seems bonkers to me.
james188: ZTF is not in control of the timing of adoption of this fairly new product. It is a very big decision for potential customers and they are bound to be risk averse and will require require exhaustive testing before they proceed. The fact that they are actively engaging is in itself a very good sign. ZTF invested $1 million last year in a pilot extrusion facility in the US and it has now committed a further £1/2 million in the current year to progress those trials/commercialisation of the technology. Coming on top of a major capital investment programme on upgrading/adding facilities, I consider that pretty aggressive and by no means glacial.
edwardt: added a few. the rezorce costs seem a small price to pay for the possibiliy of a deal with tetrapack. got to be up a chunk if that happens. with the stock on fcf/e of 4% i think the upside is pretty appealing if a contract emerges which seems a bit more than 50:50 to me. anyone else got any more insightful thoughts?
geraldus: Wonder if this could be lift off year for ZTF.Putting aside the continuing costs of supply chain,raw materials and power supplies,I would expect ReZorce to eventually raise its profile in a hot sector.By March results or possibly before we shall know if its proven beyond concept.We have been told they have multi partners lined up in a market worth 300 billion.This is for a billion cartons which would be nearly the size of ZTF today
clocktower: Glavey, do you not recall that during the last presentation they addressed the cost pressures, and stated they had raised their prices, not fully in line with the rises but in their and their customers interests, which makes for the positive customer goodwill but I am sure they continue to monitor this and will address the price they charge as the market changes. One of the most important aspects, is that they completed all major investment, when they opened the factory in Poland last year. So now they can reap the rewards on behalf of all stakeholders. DYOR
clocktower: We need to hear about the state of play with Nike - are the factories opening or has production been moved to another location, as the foam used in the shoes represents a fair slice of business for ZTF.
clocktower: This is not good news for ZTF as they supply so much of the foam used in Nike shoes. Plus this was of of the highlighted profitable areas. I cannot see ZTF not taking a hit. So I expect a drop well below £4 soon but a great longer term investment imo. So if it hits £3.75 a great time to add imo. DYOR Https://
Zotefoams share price data is direct from the London Stock Exchange
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