ZTO Express (ADR) (ZTO)
Industrials · NYSE · China
Price as at 13 Aug 2026, 10:37 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
ZTO Express (ADR) trades at $23.14, which is 59% above the $9.53 our fair value estimate puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 59 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 14.2 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
ZTO dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $0.390 | 1 |
| 2025 | $0.350 | 1 |
| 2024 | $0.970 | 2 |
| 2023 | $0.370 | 1 |
| 2022 | $0.250 | 1 |
| 2021 | $0.250 | 1 |
| 2020 | $0.300 | 1 |
| 2019 | $0.240 | 1 |
| 2018 | $0.200 | 1 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
ZTO earnings and analyst estimates
Recommendation mix, 18 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About ZTO Express (ADR)
ZTO Express (Cayman) Inc. provides express delivery and other value-added logistics services in the People's Republic of China. It also offers less-than-truckload (LTL) logistics services; integrated logistics solutions for warehousing, distribution, and transportation; and freight forwarding services. The company was founded in 2002 and is headquartered in Shanghai, the People's Republic of China.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
ZTO passes 6 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
10 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Richard Pzena, PZENA INVESTMENT MANAGEMENT LLC$187.79M · 0.6% of book
- Ken Fisher, Fisher Asset Management, LLC$91.25M · 0.0% of book
- Marshall Wace, MARSHALL WACE, LLP$58.41M · 0.1% of book
- Ken Griffin, CITADEL ADVISORS LLC$24.54M · 0.0% of book
- Arrowstreet Capital, ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$23.17M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Common questions
Is ZTO Express (ADR) (ZTO) undervalued?
Against our fair value estimate of $9.53, ZTO at $23.14 is 59% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own ZTO?
10 of the institutions we track reported a position in ZTO in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is ZTO's P/E ratio?
ZTO trades at 14.2 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does ZTO Express (ADR) (ZTO) pay a dividend?
Yes. ZTO Express (ADR) yields 2.90% at the current share price. It has paid $0.390 per share over the trailing twelve months. It has paid a dividend in each of the last 8 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its ZTO data?
Fundamentals for ZTO come from company filings and exchange data, as listed on NYSE; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 13 Aug 2026, 10:37 UTC and is delayed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for ZTO, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.