NasdaqGS:ICON

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Executive Summary

Iconix Brand Group, Inc., a brand management company, owns and licenses a portfolio of consumer brands in the United States and internationally.


Snowflake Analysis

Slightly overvalued with imperfect balance sheet.


Similar Companies

Share Price & News

How has Iconix Brand Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ICON's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-12.1%

ICON

-1.9%

US Luxury

1.3%

US Market


1 Year Return

-3.0%

ICON

-4.8%

US Luxury

6.1%

US Market

Return vs Industry: ICON matched the US Luxury industry which returned -2.3% over the past year.

Return vs Market: ICON underperformed the US Market which returned 6.7% over the past year.


Shareholder returns

ICONIndustryMarket
7 Day-12.1%-1.9%1.3%
30 Day-53.7%-7.9%-0.3%
90 Day46.4%12.4%16.6%
1 Year-3.0%-3.0%-3.6%-4.8%8.4%6.1%
3 Year-98.7%-98.7%43.4%36.8%35.8%26.9%
5 Year-99.7%-99.7%26.4%17.9%62.7%44.7%

Price Volatility Vs. Market

How volatile is Iconix Brand Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Iconix Brand Group undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ICON ($0.82) is trading below our estimate of fair value ($18.92)

Significantly Below Fair Value: ICON is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ICON is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.

PE vs Market: ICON is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ICON's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ICON has negative assets, so we can't compare its PB Ratio to the US Luxury industry average.


Next Steps

Future Growth

How is Iconix Brand Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

25.8%

Forecasted Consumer Durables industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Iconix Brand Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Iconix Brand Group performed over the past 5 years?

-9.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ICON is currently unprofitable.

Growing Profit Margin: ICON is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ICON is unprofitable, and losses have increased over the past 5 years at a rate of -9.1% per year.

Accelerating Growth: Unable to compare ICON's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ICON is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (-13.8%).


Return on Equity

High ROE: ICON's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Iconix Brand Group's financial position?


Financial Position Analysis

Short Term Liabilities: ICON has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: ICON has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: ICON has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: ICON's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable ICON has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: ICON is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 28.5% per year.


Next Steps

Dividend

What is Iconix Brand Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ICON's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ICON's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ICON's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ICON's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ICON's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average management tenure


CEO

Bob Galvin (60yo)

1.75yrs

Tenure

US$2,425,125

Compensation

Mr. Robert C. Galvin, also known as Bob, has been Chief Executive Officer, President and Director of Iconix Brand Group, Inc. since October 15, 2018. Mr. Galvin is a proven executive with almost 30 years o ...


CEO Compensation Analysis

Compensation vs Market: Bob's total compensation ($USD2.43M) is above average for companies of similar size in the US market ($USD610.56K).

Compensation vs Earnings: Bob's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
F. Cuneo
Executive Chairman3.5yrsUS$250.00k0.044% $4.3k
Robert Galvin
CEO, President & Director1.75yrsUS$2.43m2.52% $245.4k
John McClain
Executive VP & CFO1.42yrsUS$1.51m0.93% $90.1k
Cristina Cosentino
Senior Director of Financial Reportingno datano datano data
James Michael
Director of Financial Reportingno datano datano data

1.8yrs

Average Tenure

60yo

Average Age

Experienced Management: ICON's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
F. Cuneo
Executive Chairman3.5yrsUS$250.00k0.044% $4.3k
Robert Galvin
CEO, President & Director1.75yrsUS$2.43m2.52% $245.4k
James Marcum
Independent Director12.75yrsUS$190.00k0.062% $6.1k
Drew Cohen
Independent Lead Director3.83yrsUS$210.00k0.052% $5.1k
Justin Barnes
Independent Director2yrsUS$190.00kno data

3.5yrs

Average Tenure

60yo

Average Age

Experienced Board: ICON's board of directors are considered experienced (3.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10%.


Top Shareholders

Company Information

Iconix Brand Group, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Iconix Brand Group, Inc.
  • Ticker: ICON
  • Exchange: NasdaqGS
  • Founded: 1978
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: US$9.725m
  • Shares outstanding: 11.86m
  • Website: https://www.iconixbrand.com

Number of Employees


Location

  • Iconix Brand Group, Inc.
  • 1450 Broadway
  • 3rd Floor
  • New York
  • New York
  • 10018
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ICONNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJan 1990
IKIADB (Deutsche Boerse AG)YesCommon StockDEEURJan 1990

Biography

Iconix Brand Group, Inc., a brand management company, owns and licenses a portfolio of consumer brands in the United States and internationally. It operates in four segments: Women’s, Men’s, Home, and International. The company’s brand portfolio includes Candie's, Bongo, Joe Boxer, Rampage, Mudd, London Fog, Mossimo, Ocean Pacific/OP, Danskin/Danskin Now, Rocawear, Cannon, Royal Velvet, Fieldcrest, Charisma, Starter, Waverly, Ecko Unltd/Mark Ecko Cut & Sew, Zoo York, Umbro, Lee Cooper, and Artful Dodger brands. It also owns interests in the Material Girl, Ed Hardy, Truth or Dare, Modern Amusement, Buffalo, Hydraulic, and Pony Brands. The company licenses its brands across a range of product categories, including fashion apparel, footwear, accessories, sportswear, home furnishings and décor, and beauty and fragrances. Iconix Brand Group, Inc. licenses its brands through direct-to-retail and traditional wholesale licenses; and sells products bearing its brands through various distribution channels, including mass tier and departmental stores. The company was formerly known as Candie’s, Inc. and changed its name to Iconix Brand Group, Inc. in July 2005. Iconix Brand Group, Inc. was incorporated in 1978 and is based in New York, New York. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/09 23:57
End of Day Share Price2020/07/09 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.