Zumtobel Group AG

0MJH.L

Electrical Equipment & Parts · Industrials

Exchange

London Stock Exchange

Winston Score

Winston is serious

Below-average fundamentals — multiple weak pillars.

Data as of Aug 23, 2026 · filings through Apr 30, 2026

How the score breaks down

Quality

Weak

Growth

Weak

Cash Flow

Strong

Stability

Good

Valuation

Good

Dividends

Strong

Track this stock — start free trial

Winston Score History

The full picture

Zumtobel Group is an Austrian company that makes professional lighting systems and lighting components. Its main products include LED luminaires, lighting controls, and electronic components sold under brands like Zumtobel, Thorn, and Tridonic. It sells primarily to commercial and industrial customers — think offices, retail stores, hospitals, and sports arenas — across Europe and beyond.

The company earns revenue by selling hardware (light fixtures and control systems) and components to builders, electrical contractors, and facility managers. It operates mainly in Europe, with some presence in North America and Asia, and generates roughly €1 billion in annual sales. Its competitive position rests on its technical expertise and established brand reputation in professional lighting, but thin operating margins of under 2% leave little room for error. The key risk is intense price competition from Asian LED manufacturers, which continues to pressure margins across the professional lighting industry.

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

-1.4% YoY

YoY Growth Rate

Revenue declining

EPS Growth

-449.3% YoY

YoY Growth Rate

Earnings declining

Insider Activity

1.2%ownership

→ Flat

Insider ownership roughly steady over the past year

Cash Position

Cash flow positive

£55M cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Company generates more cash than it spends — no dilution risk from fundraising

Revenue declining

Zumtobel Group AG's revenue is actually shrinking. In a growth stock, that removes the core investment thesis. The low Winston Score here may be warranted — unless there's a turnaround story.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale

Gross Margin

36.1%

Modest — 36.1% gross margin

Profit after running costs

Operating Margin

1.1%

Thin — 1.1% operating margin

Return on the money invested

ROCE

3.3%

Weak — 3.3% return on capital

ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth

Sales YoY

-5.2%

Shrinking sales (-5.2% YoY)

Profit growth

EPS YoY

-92.0%

Earnings shrinking (-92.0% YoY)

Earnings per share down more than 10%. Either a bad year, or a real decline.

How steady the profit is

EPS Consistency

2/8 quarters

Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash

Cash Conversion

4463%

Turns 4463% of profit into real cash

Spare cash per sale

FCF Margin

0.8%

Thin free cash flow (0.8%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns

Debt / Equity

0.32

Conservative — low debt load (0.32)

Covers its interest

Interest Cover

1.74x

Dangerous — barely covers interest (1.7x)

Interest coverage between 1 and 3. Profits cover interest, but with little room to spare.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit

P/E Ratio (TTM)

143.2x

no trend

Expensive — P/E 143.2

P/E over 35. The market is pricing in heavy, sustained growth.

Cheaper or dearer next year

P/E vs Forward

+135.2

GROWING

Earnings expected to grow meaningfully — cheaper on forward P/E (143.2 → 8.0)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend

Dividend Yield

3.64%

no trend

Moderate income — 3.64% yield

Standard yield zone for stable dividend payers. A meaningful piece of total return.

Dividend record

Dividend Growth

+50.7%

no trend

Dividend growing fast (50.7% YoY)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial