RDW
Redwire Corporation
RDW has the edge over ZIM overall, supported by stronger modeled upside and stronger fundamentals.
ZIM
ZIM Integrated Shipping Services Ltd.
ZIM trails on the overall score without a compensating advantage in the available component scores.
RDW Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Unavailable |
RDW's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
ZIM Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Stable | |
| Healthy | |
| Stable |
ZIM's cash flow is currently healthy, and its profitability and balance sheet are stable, but its revenue is under pressure.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
ZIM PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 0.6x | $0.66 | -98% |
| Fair | 1.4x | $1.63 | -94% |
| Expensive | 4.3x | $5.00 | -83% |
| Forward | 8.2x | $29.24 | — |
| Current | 25x | $29.24 | — |
Historical ranges are pointers, not guarantees.
ZIM's PE is in its expensive range at 25x. On analysts' estimates for next year's earnings, today's price would be 8.2x.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
RDW has the edge over ZIM on the outlook, with more favorable earnings and revenue expectations.
ZIM Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Decline | |
| Stable | |
| Weakening | |
| Limited | |
| High |
Analysts expect ZIM's earnings and profitability to decline, with its revenue holding steady.
RDW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.17 | +$2.01 |
| Q2 2026 | -$1.37 | +$1.89 |
| Q1 2026 | -$2.59 | -$0.32 |
| Q4 2025 | -$2.28 | +$0.07 |
| Q3 2025 | -$3.18 | -$1.97 |
| Q2 2025 | -$3.26 | -$2.28 |
| Q1 2025 | -$2.27 | -$1.55 |
| Q4 2024 | -$2.35 | -$1.62 |
RDW is still losing money, but far less than before: $1.17 per share over the past year, against $3.26 at its worst in mid-2025.
ZIM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.58 | +209% |
| Q2 2026 | $1.16 | -93% |
| Q1 2026 | $0.82 | -96% |
| Q4 2025 | $3.98 | -78% |
| Q3 2025 | $8.32 | -30% |
| Q2 2025 | $16.63 | +$32.93 |
| Q1 2025 | $19.52 | +$40.69 |
| Q4 2024 | $17.82 | +$40.22 |
| Q3 2024 | $11.93 | +$29.66 |
ZIM has the edge over RDW on earnings quality, reporting a profit while its opponent remains loss making.
RDW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $109M | +5.4% |
| Q2 2026 | $117.1M | +90% |
| Q1 2026 | $97M | +58% |
| Q4 2025 | $108.8M | +56% |
| Q3 2025 | $103.4M | +51% |
| Q2 2025 | $61.8M | -21% |
| Q1 2025 | $61.4M | -30% |
| Q4 2024 | $69.6M | +9.6% |
RDW has the edge over ZIM on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -24% | +16 points |
| Q2 2026 | -19% | +130 points |
| Q1 2026 | -72% | -49 points |
| Q4 2025 | -75% | -48 points |
| Q3 2025 | -40% | -22 points |
| Q2 2025 | -149% | -140 points |
| Q1 2025 | -23% | -19 points |
| Q4 2024 | -27% | -17 points |
RDW's operating margin was −24% last quarter, up 16 points from the same quarter a year ago.
ZIM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $1.8B | +8.9% |
| Q1 2026 | $1.4B | -30% |
| Q4 2025 | $1.5B | -32% |
| Q3 2025 | $1.8B | -36% |
| Q2 2025 | $1.6B | -15% |
| Q1 2025 | $2B | +28% |
| Q4 2024 | $2.2B | +80% |
| Q3 2024 | $2.8B | +117% |
ZIM's revenue is recovering but still below its 2022 peak: $1.8B last quarter, up 8.9% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 8.1% | -0.3 points |
| Q1 2026 | -1% | -24 points |
| Q4 2025 | 0.2% | -30 points |
| Q3 2025 | 14% | -30 points |
| Q2 2025 | 8.3% | -15 points |
| Q1 2025 | 23% | +12 points |
| Q4 2024 | 30% | +35 points |
| Q3 2024 | 44% | +62 points |
ZIM has the edge over RDW on profitability, with a higher operating margin.
RDW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$65.3M | -$38.5M |
| Q2 2026 | -$33.5M | +$57.2M |
| Q1 2026 | -$11.4M | +$35.5M |
| Q4 2025 | -$26.5M | -659% |
| Q3 2025 | -$26.9M | -$7.6M |
| Q2 2025 | -$90.6M | -$80.2M |
| Q1 2025 | -$46.9M | -3996% |
| Q4 2024 | $4.7M | -65% |
RDW has burned cash in most quarters: −$137M over the past year, against −$160M the year before.
ZIM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $383M | -8.1% |
| Q1 2026 | $231.4M | -70% |
| Q4 2025 | $246.3M | -77% |
| Q3 2025 | $561.1M | -61% |
| Q2 2025 | $416.9M | -41% |
| Q1 2025 | $776.7M | +157% |
| Q4 2024 | $1.1B | +787% |
| Q3 2024 | $1.4B | +347% |
ZIM has the edge over RDW on cash generation, producing positive trailing cash flow while its opponent burns cash.
RDW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +29.6M shares |
| 1 year | +179% | +160M shares |
| 3 years | +289% | +186M shares |
| 5 years | +319% | +190M shares |
RDW has 250M diluted shares, up 179% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
ZIM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +181K shares |
| 1 year | +0.1% | +150K shares |
| 3 years | +0.4% | +463K shares |
| 5 years | +0.4% | +524K shares |
| Available history | +21% | +20.7M shares |
ZIM has the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
ZIM hasn't bought back shares in the past year.
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
ZIM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 2.2x | Moderate |
| Q1 2026 | 2.3x | Moderate |
| Q4 2025 | 1.9x | Healthy |
| Q3 2025 | 1.5x | Healthy |
| Q2 2025 | 1.2x | Healthy |
| Q1 2025 | 1.0x | Healthy |
| Q4 2024 | 1.2x | Healthy |
| Q3 2024 | 1.4x | Healthy |
ZIM's net debt is about 2.2 years of its operating earnings (EBITDA), up from 1.2 years a year ago.
RDW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.3 | Neutral |
| Stochastic | 16.1 | Oversold |
RDW's weekly RSI is 42 (neutral) and its Stochastic is 16 (oversold).
ZIM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 58.7 | Neutral |
| Stochastic | 63.0 | Neutral |
ZIM's weekly RSI is 59 (neutral) and its Stochastic is 63 (neutral).
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
ZIM PE vs Industrials Sector
| Metric | ZIM | Sector median | Relative |
|---|---|---|---|
| PE | 25x | 24x | 4.7% above |
| PE % | 90 | 58 | 32 pts above |
ZIM is trading at 25x earnings, in line with the Industrials sector's median of 24x.
RDW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.06 | 11% below |
| 20 week MA | $10.1 | 20% below |
| 50 week MA | $10.6 | 24% below |
| 100 week MA | $11.6 | 31% below |
| 200 week MA | $8.07 | 0.5% below |
RDW is in a downtrend: it's below all five of its weekly moving averages, and 0.5% below its 200-week average.
ZIM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $29.1 | 0.4% above |
| 20 week MA | $27.8 | 5.2% above |
| 50 week MA | $25.7 | 14% above |
| 100 week MA | $21.1 | 39% above |
| 200 week MA | $18.5 | 58% above |
ZIM has the edge over RDW on trend strength, trading above more of its moving averages.
RDW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $10.2 | $7.34 | -28% |
| 2022 | $7.34 | $1.92 | -74% |
| 2023 | $1.92 | $2.85 | +48% |
| 2024 | $2.85 | $17.1 | +501% |
| 2025 | $17.1 | $7.15 | -58% |
| 2026 YTD | $7.15 | $8.03 | +12% |
RDW's yearly returns have swung widely, from +501% in 2024 to −74% in 2022. It's up 12% so far in 2026.
ZIM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $12.1 | $53.7 | +345% |
| 2022 | $53.7 | $17.5 | -67% |
| 2023 | $17.5 | $9.87 | -44% |
| 2024 | $9.87 | $21.9 | +122% |
| 2025 | $21.9 | $21.4 | -2.5% |
| 2026 YTD | $21.4 | $29.2 | +37% |
ZIM has the edge over RDW on returns for 2026, with the stronger performance.