Market Cap
US$1.5b
Last Updated
2020/02/16 23:56 UTC
Data Sources
Company Financials +
Executive Summary
iRobot Corporation designs, builds, and sells robots for the consumer market in the United States, Europe, the Middle East, Africa, and internationally.
Rewards
Risk Analysis
Earnings are forecast to decline by an average of -3.7% per year for the next 3 years
Snowflake Analysis
Flawless balance sheet and fair value.
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
-0.7%
IRBT
1.7%
US Consumer Durables
1.5%
US Market
1 Year Return
-54.4%
IRBT
35.4%
US Consumer Durables
20.1%
US Market
Return vs Industry: IRBT underperformed the US Consumer Durables industry which returned 35.4% over the past year.
Return vs Market: IRBT underperformed the US Market which returned 20.1% over the past year.
Shareholder returns
| IRBT | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.7% | 1.7% | 1.5% |
| 30 Day | -0.8% | 4.4% | 1.4% |
| 90 Day | 16.5% | 8.2% | 8.7% |
| 1 Year | -54.4%-54.4% | 37.3%35.4% | 22.7%20.1% |
| 3 Year | -2.1%-2.1% | 37.4%31.2% | 50.1%40.5% |
| 5 Year | 72.9%72.9% | 40.0%30.7% | 73.1%54.1% |
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
1 week ago | Simply Wall St
Are iRobot Corporation’s (NASDAQ:IRBT) High Returns Really That Great?3 weeks ago | Simply Wall St
iRobot Corporation (NASDAQ:IRBT): What Does Its Beta Value Mean For Your Portfolio?1 month ago | Simply Wall St
Have Insiders Been Selling iRobot Corporation (NASDAQ:IRBT) Shares This Year?Valuation
Is iRobot 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: IRBT ($54.4) is trading below our estimate of fair value ($137.86)
Significantly Below Fair Value: IRBT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: IRBT is poor value based on its PE Ratio (17.9x) compared to the Consumer Durables industry average (13.5x).
PE vs Market: IRBT is good value based on its PE Ratio (17.9x) compared to the US market (18.4x).
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 (2.4x) compared to the US Consumer Durables industry average (1.5x).
Next Steps
Future Growth
How is iRobot forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
-3.7%
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 (-3.7% per year).
Earnings vs Market: IRBT's earnings are forecast to decline over the next 3 years (-3.7% per year).
High Growth Earnings: IRBT's earnings are forecast to decline over the next 3 years.
Revenue vs Market: IRBT's revenue (9.6% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: IRBT's revenue (9.6% 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 (11.8%).
Next Steps
Past Performance
How has iRobot performed over the past 5 years?
20.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IRBT has high quality earnings.
Growing Profit Margin: IRBT's current net profit margins (7%) are lower than last year (8%).
Past Earnings Growth Analysis
Earnings Trend: IRBT's earnings have grown significantly by 20.3% per year over the past 5 years.
Accelerating Growth: IRBT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: IRBT had negative earnings growth (-2.8%) over the past year, making it difficult to compare to the Consumer Durables industry average (9.1%).
Return on Equity
High ROE: IRBT's Return on Equity (13.1%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is iRobot's financial position?
Financial Position Analysis
Short Term Liabilities: IRBT's short term assets ($594.2M) exceed its short term liabilities ($202.5M).
Long Term Liabilities: IRBT's short term assets ($594.2M) exceed its long term liabilities ($66.2M).
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
Inventory Level: IRBT has a high level of physical assets or inventory.
Debt Coverage by Assets: IRBT's debt is not covered by short term assets (assets are -94.2x debt).
Next Steps
Dividend
What is iRobot's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate IRBT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate IRBT's dividend yield against the top 25% of dividend payers, as the company has not reported any 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?
6.4yrs
Average management tenure
CEO
Colin Angle (52yo)
22.7yrs
Tenure
US$5,683,314
Compensation
Mr. Colin M. Angle is a Co-Founder of iRobot Corporation and has been its Chief Executive Officer since June 1997. Mr. Angle has been Special Advisor at Data Point Capital since November 13, 2014. He serve ...
CEO Compensation Analysis
Compensation vs Market: Colin's total compensation ($USD5.68M) is above average for companies of similar size in the US market ($USD3.76M).
Compensation vs Earnings: Colin's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 22.7yrs | US$5.68m | 1.14% $17.6m | |
| Executive VP | 6.8yrs | US$2.32m | 0.080% $1.2m | |
| Executive VP | 7.5yrs | US$1.64m | 0.12% $1.8m | |
| Executive Vice President of Human Resources & Corporate Communications | 6yrs | US$1.40m | 0.054% $829.0k | |
| Senior Vice President of Investor Relations | 0yrs | no data | no data | |
| Executive Vice President of Engineering | 4.5yrs | no data | 0.017% $267.0k | |
| Chief Product Officer | 0.4yrs | no data | no data | |
| Vice President of Investor Relations | 0yrs | no data | no data |
6.4yrs
Average Tenure
53yo
Average Age
Experienced Management: IRBT's management team is seasoned and experienced (6.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 22.7yrs | US$5.68m | 1.14% $17.6m | |
| Lead Independent Director | 3.9yrs | US$209.96k | 0.053% $810.7k | |
| Independent Director | 3.1yrs | US$197.46k | 0.012% $178.6k | |
| Director | 0.6yrs | no data | no data | |
| Independent Director | 1.7yrs | US$245.79k | 0.0018% $27.8k | |
| Independent Director | 3.4yrs | US$204.96k | 0.011% $174.8k | |
| Independent Director | 3.9yrs | US$204.96k | 0.010% $155.3k | |
| Independent Director | 5.5yrs | US$191.21k | 0.045% $697.3k | |
| Independent Director | 4.5yrs | US$194.96k | 0.038% $585.0k |
3.9yrs
Average Tenure
58yo
Average Age
Experienced Board: IRBT's board of directors are considered experienced (3.9 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 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$1.542b
- Shares outstanding: 28.35m
- Website: https://www.irobot.com
Number of Employees
Location
- iRobot Corporation
- 8 Crosby Drive
- Bedford
- Massachusetts
- 1730
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| IRBT | NasdaqGS (Nasdaq Global Select) | Yes | Common Shares | US | USD | Nov 2005 |
| I8R | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Nov 2005 |
| I8R | XTRA (XETRA Trading Platform) | Yes | Common Shares | DE | EUR | Nov 2005 |
| IRBT | SWX (SIX Swiss Exchange) | Yes | Common Shares | CH | CHF | Nov 2005 |
| 0R38 | LSE (London Stock Exchange) | Yes | Common Shares | GB | USD | Nov 2005 |
| IRBT | WBAG (Wiener Boerse AG) | Yes | Common Shares | AT | EUR | Nov 2005 |
| I8R | ETLX (Eurotlx) | Yes | Common Shares | IT | EUR | Nov 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 family of automatic floor mopping robots; Terra robotic lawn mower products; and Root robots designed 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 Corporation was founded in 1990 and is headquartered in Bedford, Massachusetts.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/16 23:56 |
| End of Day Share Price | 2020/02/14 00:00 |
| Earnings | 2019/12/28 |
| Annual Earnings | 2019/12/28 |
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.