NasdaqGS:IRBT

Stock Analysis Report

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Executive Summary

iRobot Corporation designs, builds, and sells robots for the consumer market in the United States, Europe, the Middle East, Africa, and internationally. More Details


Snowflake Analysis

Flawless balance sheet with acceptable track record.


Similar Companies

Share Price & News

How has iRobot's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: IRBT has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-2.0%

IRBT

1.2%

US Consumer Durables

0.08%

US Market


1 Year Return

27.6%

IRBT

21.3%

US Consumer Durables

12.8%

US Market

Return vs Industry: IRBT exceeded the US Consumer Durables industry which returned 21.3% over the past year.

Return vs Market: IRBT exceeded the US Market which returned 12.8% over the past year.


Shareholder returns

IRBTIndustryMarket
7 Day-2.0%1.2%0.08%
30 Day2.9%-1.3%-1.8%
90 Day-6.6%24.2%7.2%
1 Year27.6%27.6%22.7%21.3%15.3%12.8%
3 Year6.1%6.1%24.3%19.1%39.2%29.9%
5 Year173.1%173.1%45.5%36.6%88.3%67.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

22.94x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: IRBT ($78.23) is trading above our estimate of fair value ($5.58)

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 (22.9x) compared to the US Consumer Durables industry average (13.3x).

PE vs Market: IRBT is poor value based on its PE Ratio (22.9x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: IRBT's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: IRBT is overvalued based on its PB Ratio (3.2x) compared to the US Consumer Durables industry average (1.6x).


Next Steps

Future Growth

How is iRobot forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

-67.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: IRBT's earnings are forecast to decline over the next 3 years (-67.3% per year).

Earnings vs Market: IRBT's earnings are forecast to decline over the next 3 years (-67.3% per year).

High Growth Earnings: IRBT's earnings are forecast to decline over the next 3 years.

Revenue vs Market: IRBT's revenue (7.8% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: IRBT's revenue (7.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if IRBT's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has iRobot performed over the past 5 years?

17.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IRBT has high quality earnings.

Growing Profit Margin: IRBT's current net profit margins (8.1%) are higher than last year (7.6%).


Past Earnings Growth Analysis

Earnings Trend: IRBT's earnings have grown by 17.7% per year over the past 5 years.

Accelerating Growth: IRBT's earnings growth over the past year (10.6%) is below its 5-year average (17.7% per year).

Earnings vs Industry: IRBT earnings growth over the past year (10.6%) underperformed the Consumer Durables industry 15.3%.


Return on Equity

High ROE: IRBT's Return on Equity (14.1%) is considered low.


Next Steps

Financial Health

How is iRobot's financial position?


Financial Position Analysis

Short Term Liabilities: IRBT's short term assets ($596.2M) exceed its short term liabilities ($172.8M).

Long Term Liabilities: IRBT's short term assets ($596.2M) exceed its long term liabilities ($65.9M).


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


Next Steps

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?

0.8yrs

Average management tenure


CEO

Colin Angle (53 yo)

23.25yrs

Tenure

US$6,728,555

Compensation

Mr. Colin M. Angle is a Co-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 serve ...


CEO Compensation Analysis

Compensation vs Market: Colin's total compensation ($USD6.73M) is above average for companies of similar size in the US market ($USD4.57M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Colin Angle
Co-Founder23.25yrsUS$6.73m1.14%
$ 24.8m
Glen Weinstein
Executive VP8.08yrsUS$1.74m0.11%
$ 2.3m
Alison Dean
0.33yrUS$2.33m0.14%
$ 3.1m
Timothy Saeger
Executive Officer5.08yrsUS$1.84m0.0080%
$ 173.6k
David Hartsfield
Executive VP & Chief Product Officer1yrUS$2.44m0.00011%
$ 2.4k
Julie Zeiler
Executive VP & CFO0.33yrno data0.011%
$ 245.0k
Karian Wong
Principal Accounting Officer0.33yrno data0.016%
$ 350.1k
Andrew Kramer
Vice President of Investor Relationsno datano datano data
Russell Campanello
Executive Vice President of Human Resources & Corporate Communications6.58yrsUS$1.40m0.083%
$ 1.8m
Jean Blanc
Interim Head of EMEA & Chief Commercial Officer0.42yrno datano data
Charles Kirol
Chief Supply Chain Officer0.58yrno datano data

0.8yrs

Average Tenure

53.5yo

Average Age

Experienced Management: IRBT's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Colin Angle
Co-Founder23.25yrsUS$6.73m1.14%
$ 24.8m
Deborah Ellinger
Independent Director8.83yrsUS$249.81k0.060%
$ 1.3m
Elisha Finney
Independent Director3.67yrsUS$252.49k0.022%
$ 477.3k
Eva Manolis
Independent Director1.17yrsUS$204.42kno data
Ruey-Bin Kao
Independent Director2.25yrsUS$239.07k0.0088%
$ 191.7k
Andrew Miller
Independent Director4yrsUS$259.99k0.0083%
$ 180.2k
Michael Bell
Independent Director4.5yrsUS$251.78k0.0078%
$ 170.1k
Michelle Stacy
Independent Director6.08yrsUS$239.99k0.053%
$ 1.1m
Mohamad Ali
Lead Independent Directorno dataUS$251.60k0.036%
$ 776.1k

4.3yrs

Average Tenure

59yo

Average Age

Experienced Board: IRBT's board of directors are considered experienced (4.3 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

iRobot Corporation's company bio, 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$2.181b
  • Shares outstanding: 27.88m
  • Website: https://www.irobot.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IRBTNasdaqGS (Nasdaq Global Select)YesCommon SharesUSUSDNov 2005
I8RDB (Deutsche Boerse AG)YesCommon SharesDEEURNov 2005
I8RXTRA (XETRA Trading Platform)YesCommon SharesDEEURNov 2005
IRBTSWX (SIX Swiss Exchange)YesCommon SharesCHCHFNov 2005
0R38LSE (London Stock Exchange)YesCommon SharesGBUSDNov 2005
IRBTWBAG (Wiener Boerse AG)YesCommon SharesATEURNov 2005
I8RETLX (Eurotlx)YesCommon SharesITEURNov 2005

Biography

iRobot Corporation designs, builds, and sells robots for the consumer market in the United States, Europe, the Middle East, Africa, and internationally. It offers Roomba floor vacuuming robots; Braava fami ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/21 06:12
End of Day Share Price2020/09/18 00:00
Earnings2020/06/27
Annual Earnings2019/12/28


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.