ZAGG Inc, together with its subsidiaries, designs, manufactures, and distributes mobile tech accessories for smartphones and tablets in the United States, Europe, and internationally.
Reasonable growth potential and fair value.
Share Price & News
How has ZAGG's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ZAGG has not had significant price volatility in the past 3 months.
7 Day Return
US Consumer Durables
1 Year Return
US Consumer Durables
Return vs Industry: ZAGG underperformed the US Consumer Durables industry which returned 28.5% over the past year.
Return vs Market: ZAGG underperformed the US Market which returned 19.4% over the past year.
Price Volatility Vs. Market
How volatile is ZAGG's share price compared to the market and industry in the last 5 years?
Simply Wall St News
14 hours ago | Simply Wall StIs It Too Late To Consider Buying ZAGG Inc (NASDAQ:ZAGG)?
2 weeks ago | Simply Wall StIs ZAGG Inc's (NASDAQ:ZAGG) 2.0% ROE Worse Than Average?
1 month ago | Simply Wall StBefore You Buy ZAGG Inc (NASDAQ:ZAGG), Consider Its Volatility
Is ZAGG undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ZAGG ($7.83) is trading below our estimate of fair value ($42.43)
Significantly Below Fair Value: ZAGG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ZAGG is poor value based on its PE Ratio (69.2x) compared to the Consumer Durables industry average (13.6x).
PE vs Market: ZAGG is poor value based on its PE Ratio (69.2x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: ZAGG is poor value based on its PEG Ratio (2.5x)
Price to Book Ratio
PB vs Industry: ZAGG is good value based on its PB Ratio (1.4x) compared to the US Consumer Durables industry average (1.5x).
How is ZAGG forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ZAGG's forecast earnings growth (28.1% per year) is above the savings rate (1.7%).
Earnings vs Market: ZAGG's earnings (28.1% per year) are forecast to grow faster than the US market (14.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ZAGG's revenue (12.2% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: ZAGG's revenue (12.2% 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 ZAGG's Return on Equity is forecast to be high in 3 years time
How has ZAGG performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ZAGG has a large one-off loss of $2.2M impacting its September 30 2019 financial results.
Growing Profit Margin: ZAGG's current net profit margins (0.6%) are lower than last year (6%).
Past Earnings Growth Analysis
Earnings Trend: ZAGG has become profitable over the past 5 years, growing earnings by 17.3% per year.
Accelerating Growth: ZAGG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ZAGG had negative earnings growth (-90.2%) over the past year, making it difficult to compare to the Consumer Durables industry average (7.3%).
Return on Equity
High ROE: ZAGG's Return on Equity (2%) is considered low.
Return on Assets
Return on Capital Employed
How is ZAGG's financial position?
Financial Position Analysis
Short Term Liabilities: ZAGG's short term assets ($296.3M) exceed its short term liabilities ($167.2M).
Long Term Liabilities: ZAGG's short term assets ($296.3M) exceed its long term liabilities ($122.5M).
Debt to Equity History and Analysis
Debt Level: ZAGG's debt to equity ratio (69.1%) is considered high.
Reducing Debt: ZAGG's debt to equity ratio has increased from 0.7% to 69.1% over the past 5 years.
Debt Coverage: ZAGG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ZAGG's interest payments on its debt are not well covered by EBIT (2.8x coverage).
Inventory Level: ZAGG has a high level of physical assets or inventory.
Debt Coverage by Assets: ZAGG's debt is covered by short term assets (assets are 2.7x debt).
What is ZAGG's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ZAGG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate ZAGG's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ZAGG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ZAGG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ZAGG's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chris Ahern (43yo)
Mr. Chris Ahern has been the Chief Executive Officer and Director of ZAGG Inc. since March 7, 2018. Mr. Ahern served as the President of mophie and International at ZAGG Inc. since 2014 and was its Preside ...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD2.23M) is above average for companies of similar size in the US market ($USD1.11M).
Compensation vs Earnings: Chris's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|CEO & Director||1.9yrs||US$2.23m||0.21% $505.0k|
|Chief Operating Officer||1.5yrs||US$694.67k||0.011% $26.7k|
|Senior Vice President of Finance and Strategic Projects||0.9yrs||US$703.86k||0.36% $887.2k|
|Chief Financial Officer||0.9yrs||no data||0.23% $551.7k|
|General Counsel & Corporate Secretary||3.5yrs||no data||no data|
|Vice President of Corporate Development||2.9yrs||no data||no data|
Experienced Management: ZAGG's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
|CEO & Director||1.9yrs||US$2.23m||0.21% $505.0k|
|Independent Director||7.6yrs||US$151.67k||0.25% $620.0k|
|Chairperson & Lead Independent Director||7.5yrs||US$222.52k||0.40% $979.1k|
|Independent Director||4.6yrs||US$154.67k||0.11% $277.6k|
Experienced Board: ZAGG's board of directors are considered experienced (4.6 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
ZAGG Inc's company bio, employee growth, exchange listings and data sources
- Name: ZAGG Inc
- Ticker: ZAGG
- Exchange: NasdaqGS
- Industry: Consumer Electronics
- Sector: Consumer Durables
- Market Cap: US$243.453m
- Shares outstanding: 29.09m
- Website: https://www.zagg.com
Number of Employees
- ZAGG Inc
- 910 West Legacy Center Way
- Suite 500
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ZAGG||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jul 2007|
|ZA2||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jul 2007|
ZAGG Inc, together with its subsidiaries, designs, manufactures, and distributes mobile tech accessories for smartphones and tablets in the United States, Europe, and internationally. The company offers screen protection products; protective cases to protect device-specific mobile devices and tablets; power management products for tablets, smartphones, smartwatches, cameras, and other electronic mobile devices; power stations, wireless chargers, car and wall chargers, portable power products, and power wallets; earbuds, headphones, and speakers; and device specific keyboards and device agnostic keyboards under the ZAGG, InvisibleShield, mophie, IFROGZ, BRAVEN, Gear4, and HALO brands. It sells its products through indirect channels, including big box retailers, wireless retailers, domestic and international distributors, independent Apple retailers, university bookstores, and small independently owned consumer electronics stores, as well as directly to retailers or through distributors; and directly to consumers on its Websites at www.ZAGG.com, www.mophie.com, www.Gear4.com, and www.HALO.com. The company also sells its products to franchisees that operate cellphone repair locations, kiosks, and ZAGG branded stores in shopping malls and retail centers. ZAGG Inc is headquartered in Midvale, Utah.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/20 01:35|
|End of Day Share Price||2020/02/19 00:00|
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.