ZoomInfo Technologies Inc. (GTM)
NEUTRALFondamental
62
Prix
$3.86
Capitalisation boursière
$1.16B
Partie 1 · Ce que vaut l'entreprise
Vue d'ensemble
ZoomInfo sells access to a database of business contacts, company information and buying-intent signals that sales, marketing and recruiting teams use to find and reach the right prospects. Rather than helping a company sell to consumers, its customers are the sales and marketing departments of other businesses looking for leads. It operates as one reportable segment: everything is variations on the same core product, from basic contact lookups to AI-assisted outreach and account-based marketing tools sold as add-on modules.
Comment l'entreprise gagne de l'argent
Customers pay annual or multi-year subscription fees for seats and modules — Sales, Marketing, Operations, Talent — with the price scaling by number of users and which data and automation features are included. Growth comes less from finding brand-new customers and more from expanding what existing accounts already pay for: adding seats, upgrading modules, or moving from smaller downmarket contracts to larger upmarket ones. When customers shrink their teams or cut software budgets, seat counts and renewal size fall with them.
Avantage concurrentiel
Effets de réseau · ÉtroitZoomInfo's database gets more useful as more customers and integrations feed data back into it, and switching a sales team's workflow to a new provider means re-training and re-verifying contact data from scratch. But the underlying business-contact data itself is not exclusive — LinkedIn, data brokers and large language models can all be assembled into a competing product, so the advantage is real but not unassailable.
Ce qui stimule la demande
CycliqueZoomInfo sells to sales, marketing and recruiting teams, and spending on those functions is one of the first things companies cut when they pull back on growth — fewer sales reps means fewer seats needed. Net revenue retention below 100% in recent periods shows existing customers are already spending less on average, not just failing to grow.
Principaux risques
- Customer growth and retention — The company depends on attracting new customers, renewing subscriptions and expanding usage at existing accounts; weaker economic conditions can cut spending on sales and marketing tools first.
- Competition from data providers and AI platforms — Growing competition from other data vendors and large-language-model platforms could offer similar contact and intent data, eroding ZoomInfo's pricing power or market share.
- Data privacy and AI regulation — Evolving privacy and AI-related laws could restrict how the company gathers, processes and sells contact and company data, a core part of its product.
- Sensitivity to customer headcount — Because pricing scales with seats, when customers reduce sales, marketing or recruiting headcount, ZoomInfo's revenue from that account shrinks even if the customer relationship itself continues.
Les arguments en faveur
Buyers argue that a database built from years of aggregated contributions and integrations is hard for a new entrant to match quickly, and that AI-driven sales tools give ZoomInfo a chance to sell more modules into the same customer base rather than needing constant new logos.
Les arguments contre
Sellers fear that falling net revenue retention shows existing customers are already spending less, that large language models could let competitors assemble comparable contact data more cheaply, and that revenue tied to sales and marketing headcount is exposed whenever customers tighten budgets.
Written by the editors, published on 18 août 2026
Direct competitors
Who this company fights with for the same customers
No editorial profile for this company yet
No competitor list for this company yet.
Bilan & Liquidités
Chiffre d'affaires
$1.26B
12 derniers mois (au 30/06/2026)
Résultat net
$-541M
12 derniers mois (au 30/06/2026)
Flux de trésorerie libre
$389M
Capitaux propres totaux
$1.51B
Passif total
$4.93B
Ratio de liquidité général
0.65
Couverture des intérêts
8.80
Dette/EBITDA
4.49
Bénéfice par action
Chiffre d'affaires & Résultat net
Flux de trésorerie libre
Décomposition du résultat
État historique
Marges dans le temps
La dette dans le temps
Le poids de la dette
Grille de la croissance
Croissance — Chiffre d'affaires
Estimation de la juste valeur
Juste valeur
$15.73
Prix actuel
$3.86
Marge de sécurité
+75.5%
Fourchette de juste valeur
$10.23 - $21.24
Méthodes d'estimation
Indicateurs de valorisation
Ratio P/E
10.45
ROE
8.2%
Ratio P/B
1.37
P/FCF
3.17
Marge brute
83.5%
ROIC
-6.9%
Radar de rentabilité
Value Creation (Economic Moat)
ROIC
-6.9%
WACC
5.3%
ROIC − WACC
-12.2 pp
ROIC is below the cost of capital — the company is destroying value for every dollar invested.
Critères d'analyse fondamentale
Réussi (16)
- EPS shows upward trend
- Gross Margin 83.5%
- P/FCF 3.17
- P/B Ratio 1.37
- Debt/Equity ratio
- Positive Free Cash Flow
- CapEx intensity
- Interest Coverage
- Debt/EBITDA
- Price below Graham Number
- DCF valuation (Undervalued)
- ROE 8.0%
- Revenue Growth 5Y 21.3%
- Earnings Surprise avg 8.1%
- Share Dilution -10.1%
- Piotroski F-Score 7/9
Échoué (8)
- Price CAGR -34.05%
- ROIC -6.9%
- Operating Margin -35.2%
- Current Ratio
- Return on Tangible Assets
- Low reliance on intangibles
- Analyst Consensus 7% Buy
- Net Margin Trend -43.0% vs 7.3%
Indisponible (3)
- Dividend Payout NaN%
- PEG Ratio (need PE > 0 and growth > 0)
- Earnings Quality (OCF/Net Income)
Score F de Piotroski
Santé financière solide
Qualité des bénéfices
Qualité faible : examiner la comptabilité
Dilution du capital
Rachat d'actions. Favorable aux actionnaires
Gouvernance
Équipe dirigeante
| Nom | Titre | Âge |
|---|---|---|
| Mr. Henry L. Schuck J.D. | Co-Founder, Chairman of the Board & CEO | 41 |
| Mr. Michael Graham O'Brien | CFO & Interim PFO | 38 |
| Ms. Ashley McGrane | Executive VP, Corporate Secretary & General Counsel | 41 |
| Mr. James Roth | Chief Revenue Officer | 38 |
| Mr. Filip Popovic | Chief Technology Officer | - |
| Jeremiah Sisitsky | Vice President of Investor Relations | - |
| Mr. Dennis Sevilla | Chief Marketing Officer | - |
| Mr. Chad Herring | Chief Human Resource Officer | - |
| Mr. Andrew Riesenfeld | Senior Vice President of Business Development | - |
| Mr. Dominik Facher | Chief Product Officer | - |
Risque d'audit
1
Risque du conseil
7
Risque de rémunération
10
Risque droits des actionnaires
8
Partie 2 · Le prix et le moment d'entrer
Cette partie ne dit pas si l'entreprise vaut la peine : elle aide à choisir quand l'acheter, une fois que les fondamentaux vous ont convaincu. À l'intérieur : analyse technique, potentiel, baisses historiques, exposition gamma.
Latest News
Recent headlines for GTM, sourced from Markets Gazette.