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ZAGG

Nasdaq:ZAGG
Snowflake Description

Undervalued with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ZAGG
Nasdaq
$217M
Market Cap
  1. Home
  2. US
  3. Consumer Durables
Company description

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 last earnings update was 75 days ago. More info.


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ZAGG Share Price and Events
7 Day Returns
1.9%
NasdaqGS:ZAGG
-0.2%
US Consumer Durables
-1.2%
US Market
1 Year Returns
-57.3%
NasdaqGS:ZAGG
0.1%
US Consumer Durables
3.4%
US Market
ZAGG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
ZAGG (ZAGG) 1.9% 4.2% -13.8% -57.3% 13.7% 36.7%
US Consumer Durables -0.2% 0% 2.4% 0.1% 32.9% 25.4%
US Market -1.2% 0.7% 1.7% 3.4% 35.5% 41.6%
1 Year Return vs Industry and Market
  • ZAGG underperformed the Consumer Durables industry which returned 0.1% over the past year.
  • ZAGG underperformed the Market in United States of America which returned 3.4% over the past year.
Price Volatility
ZAGG
Industry
5yr Volatility vs Market

Value

 Is ZAGG undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of ZAGG to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for ZAGG.

NasdaqGS:ZAGG Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 5 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.5%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:ZAGG
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Consumer Durables Unlevered Beta Simply Wall St/ S&P Global 0.86
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.86 (1 + (1- 21%) (49.74%))
1.132
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.13
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.132 * 5.96%)
9.48%

Discounted Cash Flow Calculation for NasdaqGS:ZAGG using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for ZAGG is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqGS:ZAGG DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9.48%)
2020 49.72 Analyst x2 45.41
2021 57.79 Analyst x1 48.22
2022 62.46 Analyst x1 47.60
2023 67.71 Analyst x1 47.14
2024 72.09 Est @ 6.47% 45.84
2025 75.95 Est @ 5.35% 44.11
2026 79.41 Est @ 4.56% 42.13
2027 82.60 Est @ 4.01% 40.03
2028 85.60 Est @ 3.63% 37.89
2029 88.47 Est @ 3.36% 35.77
Present value of next 10 years cash flows $434.14
NasdaqGS:ZAGG DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $88.47 × (1 + 2.73%) ÷ (9.48% – 2.73%)
$1,346.87
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $1,346.87 ÷ (1 + 9.48%)10
$544.56
NasdaqGS:ZAGG Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $434.14 + $544.56
$978.70
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $978.70 / 29.07
$33.67
NasdaqGS:ZAGG Discount to Share Price
Calculation Result
Value per share (USD) From above. $33.67
Current discount Discount to share price of $7.45
= -1 x ($7.45 - $33.67) / $33.67
77.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price ZAGG is available for.
Intrinsic value
>50%
Share price is $7.45 vs Future cash flow value of $33.67
Current Discount Checks
For ZAGG to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • ZAGG's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • ZAGG's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for ZAGG's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are ZAGG's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:ZAGG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $0.63
NasdaqGS:ZAGG Share Price ** NasdaqGS (2019-07-19) in USD $7.45
United States of America Consumer Durables Industry PE Ratio Median Figure of 50 Publicly-Listed Consumer Durables Companies 12.74x
United States of America Market PE Ratio Median Figure of 3,081 Publicly-Listed Companies 17.87x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of ZAGG.

NasdaqGS:ZAGG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:ZAGG Share Price ÷ EPS (both in USD)

= 7.45 ÷ 0.63

11.86x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • ZAGG is good value based on earnings compared to the US Consumer Durables industry average.
  • ZAGG is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does ZAGG's expected growth come at a high price?
Raw Data
NasdaqGS:ZAGG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.86x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
11.8%per year
United States of America Consumer Durables Industry PEG Ratio Median Figure of 37 Publicly-Listed Consumer Durables Companies 1.64x
United States of America Market PEG Ratio Median Figure of 2,119 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

NasdaqGS:ZAGG PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 11.86x ÷ 11.8%

1.01x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • ZAGG is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on ZAGG's assets?
Raw Data
NasdaqGS:ZAGG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $5.39
NasdaqGS:ZAGG Share Price * NasdaqGS (2019-07-19) in USD $7.45
United States of America Consumer Durables Industry PB Ratio Median Figure of 71 Publicly-Listed Consumer Durables Companies 1.43x
United States of America Market PB Ratio Median Figure of 5,247 Publicly-Listed Companies 1.79x
NasdaqGS:ZAGG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:ZAGG Share Price ÷ Book Value per Share (both in USD)

= 7.45 ÷ 5.39

1.38x

* Primary Listing of ZAGG.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • ZAGG is good value based on assets compared to the US Consumer Durables industry average.
X
Value checks
We assess ZAGG's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Durables industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Durables industry average (and greater than 0)? (1 check)
  5. ZAGG has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is ZAGG expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
11.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is ZAGG expected to grow at an attractive rate?
  • ZAGG's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • ZAGG's earnings growth is positive but not above the United States of America market average.
  • ZAGG's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:ZAGG Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:ZAGG Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 11.8%
NasdaqGS:ZAGG Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 7.7%
United States of America Consumer Durables Industry Earnings Growth Rate Market Cap Weighted Average 16.7%
United States of America Consumer Durables Industry Revenue Growth Rate Market Cap Weighted Average 6.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:ZAGG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:ZAGG Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 785 80 56 1
2022-12-31 762 74 51 1
2021-12-31 736 68 46 1
2020-12-31 657 66 44 5
2019-12-31 615 54 41 5
NasdaqGS:ZAGG Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 505 4 18
2018-12-31 538 26 39
2018-09-30 549 29 33
2018-06-30 542 43 28
2018-03-31 539 56 28
2017-12-31 519 34 15
2017-09-30 458 31 3
2017-06-30 448 40 -14
2017-03-31 432 25 -18
2016-12-31 402 33 -16
2016-09-30 366 28 -6
2016-06-30 308 24 4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • ZAGG's earnings are expected to grow by 11.8% yearly, however this is not considered high growth (20% yearly).
  • ZAGG's revenue is expected to grow by 7.7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:ZAGG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from ZAGG Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:ZAGG Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 1.79 1.79 1.79 1.00
2022-12-31 1.65 1.65 1.65 1.00
2021-12-31 1.49 1.49 1.49 1.00
2020-12-31 1.49 1.69 1.24 5.00
2019-12-31 1.39 1.59 1.15 5.00
NasdaqGS:ZAGG Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 0.63
2018-12-31 1.40
2018-09-30 1.17
2018-06-30 1.00
2018-03-31 1.01
2017-12-31 0.54
2017-09-30 0.10
2017-06-30 -0.50
2017-03-31 -0.66
2016-12-31 -0.56
2016-09-30 -0.23
2016-06-30 0.16

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if ZAGG will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess ZAGG's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
ZAGG has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has ZAGG performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare ZAGG's growth in the last year to its industry (Consumer Durables).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • ZAGG has delivered over 20% year on year earnings growth in the past 5 years.
  • ZAGG's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • ZAGG's 1-year earnings growth is negative, it can't be compared to the US Consumer Durables industry average.
Earnings and Revenue History
ZAGG's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from ZAGG Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:ZAGG Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 504.92 17.74 129.89
2018-12-31 538.23 39.19 120.62
2018-09-30 548.64 32.93 117.08
2018-06-30 541.95 28.08 115.99
2018-03-31 538.62 28.27 113.34
2017-12-31 519.50 15.10 116.50
2017-09-30 457.50 2.90 116.28
2017-06-30 447.76 -13.99 115.93
2017-03-31 432.37 -18.44 116.06
2016-12-31 401.86 -15.59 108.67
2016-09-30 365.56 -6.49 97.02
2016-06-30 307.67 4.36 85.17
2016-03-31 274.53 9.10 74.47
2015-12-31 269.31 15.59 67.19
2015-09-30 293.09 23.63 66.10
2015-06-30 286.33 15.57 62.30
2015-03-31 269.80 12.67 58.63
2014-12-31 261.59 10.46 56.65
2014-09-30 225.99 -4.58 53.24
2014-06-30 215.84 2.92 53.14
2014-03-31 216.89 4.90 54.10
2013-12-31 219.36 4.79 55.31
2013-09-30 240.02 7.03 61.01
2013-06-30 249.98 7.23 64.86
2013-03-31 260.42 10.27 66.16
2012-12-31 264.43 14.51 65.83
2012-09-30 244.50 24.36 61.24

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • ZAGG has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • ZAGG used its assets less efficiently than the US Consumer Durables industry average last year based on Return on Assets.
  • ZAGG's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess ZAGG's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Durables industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
ZAGG has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is ZAGG's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up ZAGG's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • ZAGG is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • ZAGG's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of ZAGG's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from ZAGG Company Filings, last reported 3 months ago.

NasdaqGS:ZAGG Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 156.54 93.36 14.79
2018-12-31 158.49 58.36 15.79
2018-09-30 149.89 28.00 17.78
2018-06-30 137.51 20.00 18.58
2018-03-31 137.43 22.04 17.75
2017-12-31 136.00 37.40 24.99
2017-09-30 126.31 31.73 11.39
2017-06-30 115.30 47.70 14.33
2017-03-31 110.35 59.19 4.30
2016-12-31 117.26 51.41 11.60
2016-09-30 122.85 51.85 8.96
2016-06-30 128.51 73.21 9.25
2016-03-31 128.89 75.29 6.16
2015-12-31 130.52 0.00 13.00
2015-09-30 125.53 0.00 14.96
2015-06-30 134.93 0.00 11.15
2015-03-31 129.98 0.00 14.73
2014-12-31 127.07 0.00 9.46
2014-09-30 120.81 0.81 7.10
2014-06-30 125.27 0.00 12.23
2014-03-31 123.82 0.00 6.51
2013-12-31 124.83 17.54 15.03
2013-09-30 130.27 20.00 12.65
2013-06-30 124.03 26.65 13.56
2013-03-31 119.75 41.75 23.40
2012-12-31 124.10 46.17 20.18
2012-09-30 122.78 44.53 16.34
  • ZAGG's level of debt (59.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 59.6% today).
  • Debt is not well covered by operating cash flow (4.3%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 13.1x coverage).
X
Financial health checks
We assess ZAGG's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. ZAGG has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from ZAGG dividends.
If you bought $2,000 of ZAGG shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate ZAGG's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate ZAGG's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:ZAGG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
United States of America Consumer Durables Industry Average Dividend Yield Market Cap Weighted Average of 20 Stocks 2.2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2017 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:ZAGG Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as ZAGG has not reported any payouts.
  • Unable to verify if ZAGG's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of ZAGG's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as ZAGG has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess ZAGG's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can ZAGG afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. ZAGG has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Chris Ahern
COMPENSATION $2,225,415
AGE 43
TENURE AS CEO 1.3 years
CEO Bio

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 President of Mophie Business Unit since March 7, 2017 until 2018. Mr. Ahern is Chief Executive Officer of ZAGG Inc. Mr. Ahern served as the President of International at ZAGG Inc since August 3, 2016 until March 7, 2017. Mr. Ahern served as Managing Director of European Sales at ZAGG Inc since June 2014 until August 3, 2016. Mr. Ahern has over 20 years of experience in sales leadership, sales operations and supply chain management in Europe and Emerging Markets. Prior to joining ZAGG in 2014, Mr. Ahern served as Sales Operations Director for Dell Products Europe where he originally was responsible for the Emerging Markets channel sales, managing a team supporting $1 billion in the consumer indirect channel revenue. In February 2012, Mr. Ahern's role was expanded to oversee EMEA along with Emerging Markets where he managed a team of 60 people with annual revenue of $4.2 billion. During his tenure with Dell Europe, he proved himself as an innovative problem solver with strong leadership skills and a drive for exceptional results. Under his leadership, his divisions effectively grew revenue in various international markets, enhanced internal reporting and inventory management systems and developed operational processes to align regional distribution, effectively growing revenue and improving operational efficiencies. Mr. Ahern holds a B.S. in Business Administration from Dublin City University.

CEO Compensation
  • Chris's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Chris's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the ZAGG management team in years:

1.3
Average Tenure
43
Average Age
  • The average tenure for the ZAGG management team is less than 2 years, this suggests a new team.
Management Team

Chris Ahern

TITLE
CEO & Director
COMPENSATION
$2M
AGE
43
TENURE
1.3 yrs

Brian Stech

TITLE
President
COMPENSATION
$1M
AGE
43
TENURE
1.3 yrs

Jim Kearns

TITLE
Chief Operating Officer
COMPENSATION
$695K
AGE
58
TENURE
0.9 yrs

Brad Holiday

TITLE
Senior Vice President of Finance and Strategic Projects
COMPENSATION
$704K
AGE
66
TENURE
0.3 yrs

Taylor Smith

TITLE
Chief Financial Officer
AGE
40
TENURE
0.3 yrs

Abby Barraclough

TITLE
General Counsel & Corporate Secretary
TENURE
2.9 yrs

Matt Smith

TITLE
Vice President of Corporate Development
TENURE
2.3 yrs
Board of Directors Tenure

Average tenure and age of the ZAGG board of directors in years:

4
Average Tenure
52
Average Age
  • The tenure for the ZAGG board of directors is about average.
Board of Directors

Cheryl Larabee

TITLE
Chairperson & Lead Independent Director
COMPENSATION
$223K
AGE
65
TENURE
6.9 yrs

Chris Ahern

TITLE
CEO & Director
COMPENSATION
$2M
AGE
43
TENURE
1.3 yrs

Dan Maurer

TITLE
Independent Director
COMPENSATION
$152K
AGE
62
TENURE
7 yrs

P. Stubbs

TITLE
Independent Director
COMPENSATION
$155K
AGE
51
TENURE
4 yrs

Mike Birch

TITLE
Director
COMPENSATION
$26K
AGE
52
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess ZAGG's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. ZAGG has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Is ZAGG (NASDAQ:ZAGG) A Risky Investment?

NasdaqGS:ZAGG Historical Debt, July 16th 2019 How Healthy Is ZAGG's Balance Sheet? … Because it carries more debt than cash, we think it's worth watching ZAGG's balance sheet over time. … Over the most recent three years, ZAGG recorded free cash flow worth 73% of its EBIT, which is around normal, given free cash flow excludes interest and tax.

Simply Wall St -

The ZAGG (NASDAQ:ZAGG) Share Price Is Down 58% So Some Shareholders Are Wishing They Sold

There will continue to be wide discrepancies between price and value in the marketplace...' One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … A Different Perspective While the broader market gained around 8.7% in the last year, ZAGG shareholders lost 58%. … Before deciding if you like the current share price, check how ZAGG scores on these 3 valuation metrics.

Simply Wall St -

You Might Like ZAGG Inc (NASDAQ:ZAGG) But Do You Like Its Debt?

ZAGG’s Debt (And Cash Flows) ZAGG's debt levels surged from US$22m to US$108m over the last 12 months – this includes long-term debt. … Moreover, ZAGG has generated US$4.0m in operating cash flow over the same time period, leading to an operating cash to total debt ratio of 3.7%, signalling that ZAGG’s current level of operating cash is not high enough to cover debt. … In ZAGG's, case, the ratio of 13.05x suggests that interest is comfortably covered, which means that debtors may be willing to loan the company more money, giving ZAGG ample headroom to grow its debt facilities.

Simply Wall St -

When Should You Buy ZAGG Inc (NASDAQ:ZAGG)?

received a lot of attention from a substantial price movement on the NASDAQGS over the last few months, increasing to $12.23 at one point, and dropping to the lows of $8.25. … Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price? … A question to answer is whether ZAGG's current trading price of $8.25 reflective of the actual value of the?

Simply Wall St -

Do You Know What ZAGG Inc's (NASDAQ:ZAGG) P/E Ratio Means?

We'll show how you can use ZAGG Inc's (NASDAQ:ZAGG) P/E ratio to inform your assessment of the investment opportunity. … ZAGG has a price to earnings ratio of 6.27, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

What Should Investors Know About ZAGG Inc's (NASDAQ:ZAGG) Growth?

After ZAGG Inc's (NASDAQ:ZAGG) earnings announcement on 31 December 2018, … as a 13% rise in profits is expected in the upcoming year, … the higher past 5-year average growth rate of 24%.

Simply Wall St -

Introducing ZAGG (NASDAQ:ZAGG), A Stock That Climbed 93% In The Last Five Years

It might be of some concern to shareholders to see the ZAGG Inc (NASDAQ:ZAGG) share price down 24% in the last month. … During five years of share price growth, ZAGG achieved compound earnings per share (EPS) growth of 55% per year. … This EPS growth is higher than the 14% average annual increase in the share price.

Simply Wall St -

What Should You Know About ZAGG Inc's (NASDAQ:ZAGG) Earnings Trajectory?

ZAGG Inc's (NASDAQ:ZAGG) most recent earnings update in December 2018a … showed … business

Simply Wall St -

Should We Be Delighted With ZAGG Inc's (NASDAQ:ZAGG) ROE Of 25%?

Our data shows ZAGG has a return on equity of 25% for the last year. … That means that for every $1 worth of shareholders' equity, it generated $0.25 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

What Type Of Shareholder Owns ZAGG Inc's (NASDAQ:ZAGG)?

Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. … We also tend to see lower insider ownership in companies that were previously publicly owned. … With a market capitalization of US$330m, ZAGG is a small cap stock, so it might not be well known by many institutional investors.

Simply Wall St -

Company Info

Description

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.

Details
Name: ZAGG Inc
ZAGG
Exchange: NasdaqGS
Founded:
$216,548,591
29,066,925
Website: http://www.zagg.com
Address: ZAGG Inc
910 West Legacy Center Way,
Suite 500,
Midvale,
Utah, 84047,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS ZAGG Common Stock Nasdaq Global Select US USD 19. Jul 2007
DB ZA2 Common Stock Deutsche Boerse AG DE EUR 19. Jul 2007
Number of employees
Current staff
Staff numbers
618
ZAGG employees.
Industry
Consumer Electronics
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/22 02:14
End of day share price update: 2019/07/19 00:00
Last estimates confirmation: 2019/05/08
Last earnings filing: 2019/05/08
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.