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IRBT

iRobotNasdaqGS:IRBT Stock Report

Market Cap

US$2.2b

7D

0.3%

1Y

6.5%

Updated

23 Sep, 2021

Data

Company Financials +
IRBT fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance1/6
Financial Health6/6
Dividends0/6

IRBT Overview

iRobot Corporation designs, builds, and sells robots in the United States, Europe, the Middle East, Africa, Japan, and internationally.

iRobot Competitors

Samsung Electronics

KOSE:A005930

₩521.1t

Xiaomi

SEHK:1810

HK$562.4b

Midea Group

SZSE:000333

CN¥462.2b

Northrop Grumman

NYSE:NOC

US$55.8b

Price History & Performance

Summary of all time highs, changes and price drops for iRobot
Historical stock prices
Current Share PriceUS$80.89
52 Week HighUS$71.10
52 Week LowUS$197.40
Beta1.23
1 Month Change-2.96%
3 Month Change-13.02%
1 Year Change6.53%
3 Year Change-25.60%
5 Year Change84.51%
Change since IPO202.96%

Recent News & Updates

Shareholder Returns

IRBTUS Consumer DurablesUS Market
7D0.3%-0.8%-1.7%
1Y6.5%38.8%36.2%

Return vs Industry: IRBT underperformed the US Consumer Durables industry which returned 38.8% over the past year.

Return vs Market: IRBT underperformed the US Market which returned 36.2% over the past year.

Price Volatility

Is IRBT's price volatile compared to industry and market?
IRBT volatility
IRBT Beta1.23
Industry Beta1.45
Market Beta1

Stable Share Price: IRBT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: IRBT's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19901,321Colin Anglehttps://www.irobot.com

iRobot Corporation designs, builds, and sells robots in the United States, Europe, the Middle East, Africa, Japan, and internationally. It offers Roomba floor vacuuming robots; Braava family of automatic floor mopping robots; and Root robots to help children learn how to code. The company sells its products through distributor and retail sales channels, as well as through online stores and resellers.

iRobot Fundamentals Summary

How do iRobot's earnings and revenue compare to its market cap?
IRBT fundamental statistics
Market CapUS$2.23b
Earnings (TTM)US$111.27m
Revenue (TTM)US$1.63b

20.4x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
IRBT income statement (TTM)
RevenueUS$1.63b
Cost of RevenueUS$949.75m
Gross ProfitUS$677.08m
ExpensesUS$565.81m
EarningsUS$111.27m

Last Reported Earnings

Jul 03, 2021

Next Earnings Date

Oct 27, 2021

Earnings per share (EPS)3.95
Gross Margin41.62%
Net Profit Margin6.84%
Debt/Equity Ratio0%

How did IRBT perform over the long term?

See historical performance and comparison

Valuation

Is iRobot undervalued compared to its fair value and its price relative to the market?

20.39x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: IRBT ($80.89) is trading above our estimate of fair value ($79.85)

Significantly Below Fair Value: IRBT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: IRBT is poor value based on its PE Ratio (20.4x) compared to the US Consumer Durables industry average (10.9x).

PE vs Market: IRBT is poor value based on its PE Ratio (20.4x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

PEG Ratio: IRBT is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: IRBT is overvalued based on its PB Ratio (2.9x) compared to the US Consumer Durables industry average (2x).


Future Growth

How is iRobot forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

28.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: IRBT's forecast earnings growth (28.9% per year) is above the savings rate (2%).

Earnings vs Market: IRBT's earnings (28.9% per year) are forecast to grow faster than the US market (14.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: IRBT's revenue (11.1% per year) is forecast to grow faster than the US market (9.8% per year).

High Growth Revenue: IRBT's revenue (11.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: IRBT's Return on Equity is forecast to be low in 3 years time (17%).


Past Performance

How has iRobot performed over the past 5 years?

24.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IRBT has a large one-off gain of $35.1M impacting its July 3 2021 financial results.

Growing Profit Margin: IRBT's current net profit margins (6.8%) are lower than last year (8.3%).


Past Earnings Growth Analysis

Earnings Trend: IRBT's earnings have grown significantly by 24.7% per year over the past 5 years.

Accelerating Growth: IRBT's earnings growth over the past year (11.4%) is below its 5-year average (24.7% per year).

Earnings vs Industry: IRBT earnings growth over the past year (11.4%) underperformed the Consumer Durables industry 77.1%.


Return on Equity

High ROE: IRBT's Return on Equity (14.2%) is considered low.


Financial Health

How is iRobot's financial position?


Financial Position Analysis

Short Term Liabilities: IRBT's short term assets ($815.9M) exceed its short term liabilities ($282.8M).

Long Term Liabilities: IRBT's short term assets ($815.9M) exceed its long term liabilities ($69.8M).


Debt to Equity History and Analysis

Debt Level: IRBT is debt free.

Reducing Debt: IRBT has not had any debt for past 5 years.

Debt Coverage: IRBT has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: IRBT has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is iRobot current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate IRBT'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 IRBT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if IRBT'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 IRBT'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?

1.6yrs

Average management tenure


CEO

Colin Angle (54 yo)

24.25yrs

Tenure

US$6,192,685

Compensation

Mr. Colin M. Angle is Founder of iRobot Corporation and has been its Chief Executive Officer since June 1997. Mr. Angle has been Special Advisor at Data Point Capital since November 13, 2014. He serves as...


CEO Compensation Analysis

Compensation vs Market: Colin's total compensation ($USD6.19M) is above average for companies of similar size in the US market ($USD3.68M).

Compensation vs Earnings: Colin's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: IRBT's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

Experienced Board: IRBT's board of directors are considered experienced (5.3 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

iRobot Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: iRobot Corporation
  • Ticker: IRBT
  • Exchange: NasdaqGS
  • Founded: 1990
  • Industry: Household Appliances
  • Sector: Consumer Durables
  • Market Cap: US$2.226b
  • Shares outstanding: 28.05m
  • Website: https://www.irobot.com

Number of Employees


Location

  • iRobot Corporation
  • 8 Crosby Drive
  • Bedford
  • Massachusetts
  • 1730
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 22:58
End of Day Share Price2021/09/23 00:00
Earnings2021/07/03
Annual Earnings2021/01/02


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.