NasdaqGS:IRBT

Stock Analysis Report

Executive Summary

iRobot Corporation designs, builds, and sells robots for the consumer market worldwide.

Snowflake

Fundamentals

Flawless balance sheet with proven 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


Market Performance


7 Day Return

0.6%

IRBT

1.6%

US Consumer Durables

3.4%

US Market


1 Year Return

-39.0%

IRBT

34.2%

US Consumer Durables

5.4%

US Market

Return vs Industry: IRBT underperformed the US Consumer Durables industry which returned 34.2% over the past year.

Return vs Market: IRBT underperformed the US Market which returned 5.4% over the past year.


Shareholder returns

IRBTIndustryMarket
7 Day0.6%1.6%3.4%
30 Day-9.4%1.3%-1.0%
90 Day-38.3%6.2%-0.4%
1 Year-39.0%-39.0%35.9%34.2%7.7%5.4%
3 Year28.6%28.6%50.0%45.4%46.2%36.8%
5 Year82.8%82.8%38.7%30.1%65.6%47.5%

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?

18.48x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: IRBT ($57.77) is trading above our estimate of fair value ($48.71)

Significantly Undervalued: 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 (18.5x) compared to the Consumer Durables industry average (13.5x).

PE vs Market: IRBT is poor value based on its PE Ratio (18.5x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

Low PEG Ratio: IRBT is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: IRBT is overvalued based on its PB Ratio (2.8x) 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 9 analysts?

16.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: IRBT's forecast earnings growth (16.1% per year) is above the savings rate (2.7%).

Earnings vs Market: IRBT's earnings (16.1% per year) are forecast to grow faster than the US market (14.3% per year).

High Growth Earnings: IRBT's earnings are forecast to grow, but not significantly.

Revenue vs Market: IRBT's revenue (11% per year) is forecast to grow faster than the US market (7.3% per year).

High Growth Revenue: IRBT's revenue (11% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: IRBT's Return on Equity is forecast to be low in 3 years time (14.4%).


Next Steps

Past Performance

How has iRobot performed over the past 5 years?

21.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: IRBT's earnings have grown significantly by 21.1% per year over the past 5 years.

Accelerating Growth: IRBT's earnings growth over the past year (50.9%) exceeds its 5-year average (21.1% per year).

Earnings vs Industry: IRBT earnings growth over the past year (50.9%) exceeded the Consumer Durables industry 13.5%.


Return on Equity

High ROE: IRBT's Return on Equity (15%) is considered low.


Return on Assets

ROA vs Industry: IRBT has a higher Return on Assets than the Consumer Durables industry average last year.


Return on Capital Employed

ROCE Improving: IRBT's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is iRobot's financial position?


Financial Position Analysis

Short Term Liabilities: IRBT's short term assets ($481.2M) exceeds its short term liabilities ($152.6M)

Long Term Liabilities: IRBT's short term assets (481.2M) exceeds its long term liabilities (68.9M)


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

Inventory Level: IRBT has a high level of physical assets or inventory.

Debt Coverage by Assets: IRBT's debt is covered by short term assets (assets are 67715842522166084.913810x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage1.9%forecastin3Years0%

Current dividend yield vs market & industry


Stability and Growth of Payments

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.

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

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

6.5yrs

Average management tenure


CEO

Colin Angle (52yo)

22.3yrs

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 ($USD5.68M) is about average for companies of similar size in the US market ($USD4.07M).

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


Management Age and Tenure

6.5yrs

Average Tenure

52yo

Average Age

Experienced Management: IRBT's management team is seasoned and experienced (6.5 years average tenure).


Board Age and Tenure

3.6yrs

Average Tenure

58yo

Average Age

Experienced Board: IRBT's board of directors are considered experienced (3.6 years average tenure).


Insider Trading

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


Recent Insider Transactions

SellUS$211,54013 Feb 19
Glen Weinstein
EntityIndividual
Role
Chief Legal Officer
Executive VP
Shares1,995
Max PriceUS$106.04

Ownership Breakdown


Management Team

  • Russ Campanello (63yo)

    Executive Vice President of Human Resources & Corporate Communications

    • Tenure: 5.7yrs
    • Compensation: US$1.40m
  • Colin Angle (52yo)

    Co-Founder

    • Tenure: 22.3yrs
    • Compensation: US$5.68m
  • Andy Kramer

    Vice President of Investor Relations

    • Tenure: 0yrs
  • Glen Weinstein (48yo)

    Executive VP

    • Tenure: 7.2yrs
    • Compensation: US$1.64m
  • Alison Dean (54yo)

    Executive VP

    • Tenure: 6.5yrs
    • Compensation: US$2.32m
  • Christian Cerda (49yo)

    Executive

    • Tenure: 6.6yrs
    • Compensation: US$2.41m
  • Elise Caffrey

    Senior Vice President of Investor Relations

    • Tenure: 0yrs
  • Tim Saeger

    Executive Vice President of Engineering

    • Tenure: 4.2yrs
  • Keith Hartsfield

    Chief Product Officer

    • Tenure: 0.08yrs

Board Members

  • Deborah Ellinger (60yo)

    Lead Independent Director

    • Tenure: 3.6yrs
    • Compensation: US$209.96k
  • Elisha Finney (58yo)

    Independent Director

    • Tenure: 2.8yrs
    • Compensation: US$197.46k
  • Colin Angle (52yo)

    Co-Founder

    • Tenure: 22.3yrs
    • Compensation: US$5.68m
  • Eva Manolis (55yo)

    Director

    • Tenure: 0.3yrs
  • Ruey-Bin Kao (59yo)

    Independent Director

    • Tenure: 1.3yrs
    • Compensation: US$245.79k
  • Andrew Miller (59yo)

    Independent Director

    • Tenure: 3.1yrs
    • Compensation: US$204.96k
  • Mike Bell (53yo)

    Independent Director

    • Tenure: 3.6yrs
    • Compensation: US$204.96k
  • Michelle Stacy (63yo)

    Independent Director

    • Tenure: 5.2yrs
    • Compensation: US$191.21k
  • Mohamad Ali (49yo)

    Independent Director

    • Tenure: 4.2yrs
    • Compensation: US$194.96k

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$1.625b
  • Shares outstanding: 28.12m
  • 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
IRBTSWX (SIX Swiss Exchange)YesCommon SharesCHCHFNov 2005
0R38LSE (London Stock Exchange)YesCommon SharesGBUSDNov 2005
IRBTWBAG (Wiener Boerse AG)YesCommon SharesATEURNov 2005

Biography

iRobot Corporation designs, builds, and sells robots for the consumer market worldwide. It offers Roomba floor vacuuming robots; Braava family of automatic floor mopping robots; and Mirra Pool Cleaning Rob ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 23:48
End of Day Share Price2019/10/15 00:00
Earnings2019/06/29
Annual Earnings2018/12/29


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.