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Iconix Brand Group

Nasdaq:ICON
Snowflake Description

Mediocre balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ICON
Nasdaq
$8M
Market Cap
  1. Home
  2. US
  3. Consumer Durables
Company description

Iconix Brand Group, Inc., a brand management company, owns, licenses, and markets a portfolio of consumer brands in the United States and internationally. The last earnings update was 32 days ago. More info.


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  • Iconix Brand Group has significant price volatility in the past 3 months.
ICON Share Price and Events
7 Day Returns
7.5%
NasdaqGS:ICON
1.1%
US Luxury
0.5%
US Market
1 Year Returns
-91.1%
NasdaqGS:ICON
-0.2%
US Luxury
0.8%
US Market
ICON Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Iconix Brand Group (ICON) 7.5% -32.1% -69.8% -91.1% -99% -99.8%
US Luxury 1.1% -1.4% -1.7% -0.2% 30.4% 44.1%
US Market 0.5% 0.2% 1.1% 0.8% 37.4% 37.5%
1 Year Return vs Industry and Market
  • ICON underperformed the Luxury industry which returned -0.2% over the past year.
  • ICON underperformed the Market in United States of America which returned 0.8% over the past year.
Price Volatility
ICON
Industry
5yr Volatility vs Market

ICON Value

 Is Iconix Brand Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Iconix Brand Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Iconix Brand Group.

NasdaqGS:ICON Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 14.7%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:ICON
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Luxury Unlevered Beta Simply Wall St/ S&P Global 0.79
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.785 (1 + (1- 21%) (8122.29%))
34.623
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (2 * 5.96%)
14.65%

Discounted Cash Flow Calculation for NasdaqGS:ICON using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Iconix Brand Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqGS:ICON DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 14.65%)
2019 41.49 Est @ -32.6% 36.19
2020 32.36 Est @ -22% 24.62
2021 27.64 Est @ -14.58% 18.34
2022 25.05 Est @ -9.39% 14.50
2023 23.61 Est @ -5.75% 11.92
2024 22.85 Est @ -3.21% 10.06
2025 22.52 Est @ -1.43% 8.65
2026 22.48 Est @ -0.18% 7.53
2027 22.64 Est @ 0.69% 6.61
2028 22.93 Est @ 1.3% 5.84
Present value of next 10 years cash flows $144.27
NasdaqGS:ICON DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $22.93 × (1 + 2.73%) ÷ (14.65% – 2.73%)
$197.65
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $197.65 ÷ (1 + 14.65%)10
$50.37
NasdaqGS:ICON Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $144.27 + $50.37
$194.64
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $194.64 / 10.78
$18.05
NasdaqGS:ICON Discount to Share Price
Calculation Result
Value per share (USD) From above. $18.05
Current discount Discount to share price of $0.74
= -1 x ($0.74 - $18.05) / $18.05
95.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Iconix Brand Group is available for.
Intrinsic value
>50%
Share price is $0.74 vs Future cash flow value of $18.05
Current Discount Checks
For Iconix Brand Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Iconix Brand Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Iconix Brand Group's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Iconix Brand Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Iconix Brand Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:ICON PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-15.36
NasdaqGS:ICON Share Price ** NasdaqGS (2019-06-14) in USD $0.74
United States of America Luxury Industry PE Ratio Median Figure of 36 Publicly-Listed Luxury Companies 16.98x
United States of America Market PE Ratio Median Figure of 3,091 Publicly-Listed Companies 17.68x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Iconix Brand Group.

NasdaqGS:ICON PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:ICON Share Price ÷ EPS (both in USD)

= 0.74 ÷ -15.36

-0.05x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Iconix Brand Group is loss making, we can't compare its value to the US Luxury industry average.
  • Iconix Brand Group is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Iconix Brand Group's expected growth come at a high price?
Raw Data
NasdaqGS:ICON PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.05x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
143.8%per year
United States of America Luxury Industry PEG Ratio Median Figure of 26 Publicly-Listed Luxury Companies 1.77x
United States of America Market PEG Ratio Median Figure of 2,125 Publicly-Listed Companies 1.52x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Iconix Brand Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Iconix Brand Group's assets?
Raw Data
NasdaqGS:ICON PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $-17.43
NasdaqGS:ICON Share Price * NasdaqGS (2019-06-14) in USD $0.74
United States of America Luxury Industry PB Ratio Median Figure of 47 Publicly-Listed Luxury Companies 1.45x
United States of America Market PB Ratio Median Figure of 5,244 Publicly-Listed Companies 1.79x
NasdaqGS:ICON PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:ICON Share Price ÷ Book Value per Share (both in USD)

= 0.74 ÷ -17.43

-0.04x

* Primary Listing of Iconix Brand Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Iconix Brand Group has negative assets, we can't compare the value of its assets to the US Luxury industry average.
X
Value checks
We assess Iconix Brand Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
  5. Iconix Brand Group has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ICON Future Performance

 How is Iconix Brand Group expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
143.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Iconix Brand Group expected to grow at an attractive rate?
  • Iconix Brand Group's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Iconix Brand Group's earnings growth is expected to exceed the United States of America market average.
  • Iconix Brand Group's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:ICON Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:ICON Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 143.8%
NasdaqGS:ICON Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts -5%
United States of America Luxury Industry Earnings Growth Rate Market Cap Weighted Average 13.3%
United States of America Luxury Industry Revenue Growth Rate Market Cap Weighted Average 6.2%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:ICON Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:ICON Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 159 6 1
2019-12-31 147 14 1
NasdaqGS:ICON Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 175 32 -113
2018-12-31 188 56 -106
2018-09-30 197 56 -19
2018-06-30 204 23 -585
2018-03-31 216 13 -519
2017-12-31 226 2 -541
2017-09-30 232 39 -856
2017-06-30 240 84 -291
2017-03-31 246 101 -266
2016-12-31 255 122 -254
2016-09-30 291 134 -224
2016-06-30 322 152 -243

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Iconix Brand Group's earnings are expected to grow significantly at over 20% yearly.
  • Iconix Brand Group's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:ICON Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Iconix Brand Group Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:ICON Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 0.59 0.59 0.59 1.00
2019-12-31 0.96 0.96 0.96 1.00
NasdaqGS:ICON Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -15.36
2018-12-31 -15.73
2018-09-30 -3.03
2018-06-30 -97.68
2018-03-31 -90.02
2017-12-31 -94.71
2017-09-30 -150.65
2017-06-30 -51.57
2017-03-31 -48.80
2016-12-31 -48.63
2016-09-30 -44.36
2016-06-30 -50.06

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Iconix Brand Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Iconix Brand Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Iconix Brand Group has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ICON Past Performance

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

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Iconix Brand Group's growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Iconix Brand Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Iconix Brand Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Iconix Brand Group's 1-year growth to the US Luxury industry average as it is not currently profitable.
Earnings and Revenue History
Iconix Brand Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Iconix Brand Group Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:ICON Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 175.08 -113.25 95.52
2018-12-31 187.69 -105.95 111.13
2018-09-30 197.28 -19.28 112.94
2018-06-30 204.22 -584.88 112.45
2018-03-31 215.66 -518.97 122.31
2017-12-31 225.83 -540.87 114.61
2017-09-30 232.34 -856.48 93.39
2017-06-30 239.63 -291.18 101.75
2017-03-31 246.19 -265.75 104.45
2016-12-31 255.14 -254.50 113.86
2016-09-30 291.00 -223.61 141.80
2016-06-30 321.87 -243.17 174.72
2016-03-31 351.06 -240.03 189.72
2015-12-31 271.59 -201.66 120.71
2015-09-30 380.55 91.24 198.00
2015-06-30 379.19 109.48 182.03
2015-03-31 376.90 119.17 181.44
2014-12-31 391.49 103.72 180.95
2014-09-30 358.69 89.29 179.43
2014-06-30 375.90 105.43 178.31
2014-03-31 395.91 120.72 178.01
2013-12-31 390.57 104.99 169.16
2013-09-30 412.49 128.00 167.44
2013-06-30 391.91 126.13 154.77
2013-03-31 370.43 116.00 145.80
2012-12-31 341.69 109.41 137.87
2012-09-30 364.20 110.48 141.76
2012-06-30 370.29 109.31 142.46

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Iconix Brand Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Iconix Brand Group has efficiently used its assets last year compared to the US Luxury industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Iconix Brand Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Iconix Brand Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Iconix Brand Group has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

ICON Health

 How is Iconix Brand Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Iconix Brand Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Iconix Brand Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Iconix Brand Group's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Iconix Brand Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Iconix Brand Group has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Iconix Brand Group Company Filings, last reported 2 months ago.

NasdaqGS:ICON Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 -92.62 648.06 55.95
2018-12-31 -111.60 675.23 66.61
2018-09-30 -40.27 691.64 66.46
2018-06-30 -65.01 717.59 71.39
2018-03-31 14.97 762.66 52.02
2017-12-31 -20.69 800.84 65.93
2017-09-30 -46.93 1,013.32 50.97
2017-06-30 553.15 961.96 108.87
2017-03-31 552.05 1,159.63 109.38
2016-12-31 551.37 1,254.16 137.11
2016-09-30 877.19 1,292.06 122.10
2016-06-30 824.39 1,351.26 130.00
2016-03-31 797.61 1,443.25 206.78
2015-12-31 764.81 1,449.39 169.97
2015-09-30 1,050.03 1,471.64 136.72
2015-06-30 1,058.10 1,478.59 117.94
2015-03-31 1,031.48 1,486.31 86.80
2014-12-31 991.13 1,394.08 128.04
2014-09-30 1,049.48 1,401.78 129.53
2014-06-30 1,060.59 1,411.12 131.86
2014-03-31 1,056.26 1,419.08 152.10
2013-12-31 1,101.94 1,427.32 278.79
2013-09-30 1,096.13 1,435.50 279.37
2013-06-30 1,152.58 1,440.63 393.31
2013-03-31 1,294.95 1,223.71 314.74
2012-12-31 1,299.84 911.72 238.67
2012-09-30 1,301.55 475.52 51.19
2012-06-30 1,273.33 490.92 22.56
  • Iconix Brand Group has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Iconix Brand Group's debt level has increased considering it has negative shareholder equity.
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.

  • Whilst loss making Iconix Brand Group has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Iconix Brand Group has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 63.3% per year.
X
Financial health checks
We assess Iconix Brand Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Iconix Brand Group has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ICON Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Iconix Brand Group dividends.
If you bought $2,000 of Iconix Brand Group shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Iconix Brand Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Iconix Brand Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:ICON Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
United States of America Luxury Industry Average Dividend Yield Market Cap Weighted Average of 18 Stocks 1.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2011 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:ICON Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Iconix Brand Group has not reported any payouts.
  • Unable to verify if Iconix Brand Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Iconix Brand Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Iconix Brand Group has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Iconix Brand Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Iconix Brand Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Iconix Brand Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ICON Management

 What is the CEO of Iconix Brand Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Bob Galvin
COMPENSATION $2,255,000
AGE 58
TENURE AS CEO 0.7 years
CEO Bio

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 of experience leading and turning around global brands. Mr. Galvin was the Director of Trans World Entertainment Corporation since June 27, 2018 till October 15, 2018. He is the founder and Principal of Galvin Consulting, LLC. He has been Director of the Lands' End, Inc. since May 2014. He served as the Worldwide Chief Operating Officer and President of European operations of Sport Brands International Ltd. Mr. Galvin joined Sport Brands International in 2003 and was also responsible for the commercial activities of Fila in Asia Pacific and South America. He served as the Chief Executive Officer of Elie Tahari, Ltd. from January 2013 to November 2013. Mr. Galvin served as the President of Camuto Group, Inc. from 2007 to 2012. He served as the Chief Operating Officer of Sports Brands International from 2003 to 2007. He served as Vice President and Chief Financial Officer of York International Corporation from 1999 to 2000. He served as Chief Administrative Officer of Kurt Salmon US Inc. from 2000 to 2003. He served as the Chief Financial Officer, Executive Vice President and Treasurer of Nine West Group, Inc. since April 30, 1996 to 1999. He served as Chief Operating Officer of Nine West Group Inc. For the 10 years, he has specialized in restructuring companies. He joined Delloitte & Touche after graduating from NYU where he remained for 14 years. He served as Chief Operating Officer of York International. From October 1995 to April 1996, Mr. Galvin served as Senior Vice President of Strategic Planning of Nine West Group Inc. Prior to October 1995, he was a Partner at Deloitte & Touche LLP from 1993 to 1995 in charge of the Connecticut retail and distribution practice of that firm and specialized in mergers and acquisitions. In that capacity, he consulted with Nine West Group Inc. beginning in 1987 and advised it with respect to acquisitions. He joined Deloitte & Touche in 1981 and remained there for 14 years. He was the Chairman of Cherokee Inc. since June 2017 to October 15, 2018. He had been an Independent Director of Big 5 Sporting Goods Corp. since July 8, 2015 until October 14, 2018 and He has been an Independent Director Cherokee Inc. since June 5, 2012 to until October 15th 2018. He was an Independent Director of Bebe Stores, Inc. since November 5, 2014 until September 30, 2018. Mr. Galvin was a member of the board of directors of Team Continuum from 2004 to 2013. He is a graduate of Fairfield University in Connecticut, Mr. Galvin holds an MBA from the Stern School of NYU in New York City.

CEO Compensation
  • Insufficient data for Bob to compare compensation growth.
  • Bob's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Iconix Brand Group management team in years:

0.7
Average Tenure
58
Average Age
  • The average tenure for the Iconix Brand Group management team is less than 2 years, this suggests a new team.
Management Team

F. Cuneo

TITLE
Executive Chairman
COMPENSATION
$674K
AGE
74
TENURE
0.7 yrs

Bob Galvin

TITLE
CEO, President & Director
COMPENSATION
$2M
AGE
58
TENURE
0.7 yrs

John McClain

TITLE
Executive VP & CFO
AGE
57
TENURE
0.3 yrs

Cristina Cosentino

TITLE
Senior Director of Financial Reporting
Board of Directors Tenure

Average tenure and age of the Iconix Brand Group board of directors in years:

2.4
Average Tenure
58
Average Age
  • The average tenure for the Iconix Brand Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

F. Cuneo

TITLE
Executive Chairman
COMPENSATION
$674K
AGE
74
TENURE
2.4 yrs

Bob Galvin

TITLE
CEO, President & Director
COMPENSATION
$2M
AGE
58
TENURE
0.7 yrs

Jim Marcum

TITLE
Director
COMPENSATION
$270K
AGE
59
TENURE
11.7 yrs

Drew Cohen

TITLE
Lead Director
COMPENSATION
$240K
AGE
50
TENURE
2.8 yrs

Justin Barnes

TITLE
Director
COMPENSATION
$115K
AGE
53
TENURE
0.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Iconix Brand Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Iconix Brand Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ICON News

Simply Wall St News

Iconix Brand Group Inc (NASDAQ:ICON): A Look At Return On Capital

and looking to gauge the potential return on investment in Iconix Brand Group Inc (NASDAQ:ICON). … Your equity share is granted in return for the capital provided to the business to operate, and in order for an investment to be successful the business has to create earnings from the funds that make up this capital. … Thus, to understand how your money can grow by investing in Iconix Brand Group, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE)

Simply Wall St -

One Thing To Consider Before Buying Iconix Brand Group Inc (NASDAQ:ICON)

The second type is market risk, one that you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks in the market. … A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … Any stock with a beta of greater than one is considered more volatile than the market, and those with a beta less than one is generally less volatile.

Simply Wall St -

Should You Buy Iconix Brand Group Inc (NASDAQ:ICON) Now?

Iconix Brand Group Inc (NASDAQ:ICON), a luxury company based in United States,. … A question to answer is whether Iconix Brand Group's current trading price of $0.60 reflective of the actual value of the? … Let’s take a look at Iconix Brand Group’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

Simply Wall St -

Was Iconix Brand Group Inc's (NASDAQ:ICON) Earnings Decline Part Of A Broader Industry Downturn?

When Iconix Brand Group Inc (NASDAQ:ICON) released its most recent earnings update (31 March 2018), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … Being able to interpret how well Iconix Brand Group has done so far requires weighing its performance against a benchmark, rather than looking at a standalone number at a point in time. … ICON is loss-making, with the most recent trailing twelve-month earnings of -US$514.01m (from 31 March 2018), which compared to last year has become

Simply Wall St -

How Financially Strong Is Iconix Brand Group Inc (NASDAQ:ICON)?

How does ICON’s operating cash flow stack up against its debt? … With this debt payback, ICON currently has US$65.93M remaining in cash and short-term investments for investing into the business. … On top of this, ICON has generated US$2.07M in operating cash flow over the same time period, resulting in an operating cash to total debt ratio of 0.26%, signalling that ICON’s operating cash is not sufficient to cover its debt.

Simply Wall St -

Iconix Brand Group Inc (NASDAQ:ICON): When Will It Breakeven?

Iconix Brand Group Inc's (NASDAQ:ICON): Iconix Brand Group, Inc., a brand management company, owns, licenses, and markets a portfolio of consumer brands across the women’s, men’s, and home industries in the United States and internationally. … Many investors are wondering the rate at which ICON will turn a profit, with the big question being “when will the company breakeven?” In this article, I will touch on the expectations for ICON’s growth and when analysts expect the company to become profitable. … NasdaqGS:ICON Past Future Earnings May 22nd 18 I’m not going to go through company-specific developments for ICON given that this is a high-level summary, but, keep in mind that by and large a high forecast growth rate is not unusual for a company that is currently undergoing an investment period.

Simply Wall St -

What You Must Know About Iconix Brand Group Inc's (ICON) Financial Strength

An annual operating cash flow of less than a tenth of the overall debt raises red flags, although short-term obstacles and business cyclicality may temporarily impact ICON’s ability to generate cash. … Its cash flow coverage of less than a quarter of debt means that operating efficiency could be an issue. … Furthermore, its cash flow coverage of less than a quarter of debt means that operating efficiency could also be an issue.

Simply Wall St -

ICON Company Info

Description

Iconix Brand Group, Inc., a brand management company, owns, licenses, and markets 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/Roc Nation, 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, as well as consumer products. Iconix Brand Group, Inc. licenses its brands through direct-to-retail and traditional wholesale licenses; and various distribution channels, such as mass tier and department 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.

Details
Name: Iconix Brand Group, Inc.
ICON
Exchange: NasdaqGS
Founded: 1978
$7,978,763
10,782,113
Website: http://www.iconixbrand.com
Address: Iconix Brand Group, Inc.
1450 Broadway,
3rd Floor,
New York,
New York, 10018,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS ICON Common Stock Nasdaq Global Select US USD 22. Jan 1990
DB IKIA Common Stock Deutsche Boerse AG DE EUR 22. Jan 1990
LSE 0J8L Common Stock London Stock Exchange GB USD 22. Jan 1990
Number of employees
Current staff
Staff numbers
122
Iconix Brand Group employees.
Industry
Apparel, Accessories and Luxury Goods
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/16 00:08
End of day share price update: 2019/06/14 00:00
Last estimates confirmation: 2019/05/14
Last earnings filing: 2019/05/15
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.