NasdaqGS:ZAGG

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Executive Summary

ZAGG Inc, together with its subsidiaries, designs, manufactures, and distributes mobile tech accessories for smartphones, tablets, smartwatches, and other mobile technology in the United States, Europe, and internationally. More Details


Snowflake Analysis

Fair value with moderate growth potential.


Similar Companies

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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-3.3%

ZAGG

-0.9%

US Consumer Durables

-1.9%

US Market


1 Year Return

-52.1%

ZAGG

21.6%

US Consumer Durables

13.1%

US Market

Return vs Industry: ZAGG underperformed the US Consumer Durables industry which returned 19.3% over the past year.

Return vs Market: ZAGG underperformed the US Market which returned 12.7% over the past year.


Shareholder returns

ZAGGIndustryMarket
7 Day-3.3%-0.9%-1.9%
30 Day-13.2%-0.6%-2.9%
90 Day0.7%29.5%8.2%
1 Year-52.1%-52.1%23.0%21.6%15.7%13.1%
3 Year-80.7%-80.7%23.3%18.1%38.4%29.1%
5 Year-56.4%-56.4%53.4%44.0%89.3%68.0%

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

Valuation

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

47.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ZAGG ($2.96) is trading below our estimate of fair value ($5.68)

Significantly Below Fair Value: ZAGG is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ZAGG is unprofitable, so we can't compare its PE Ratio to the US Consumer Durables industry average.

PE vs Market: ZAGG is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ZAGG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ZAGG is good value based on its PB Ratio (0.8x) compared to the US Consumer Durables industry average (1.5x).


Next Steps

Future Growth

How is ZAGG forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

72.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ZAGG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: ZAGG is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ZAGG's is expected to become profitable in the next 3 years.

Revenue vs Market: ZAGG's revenue (1.7% per year) is forecast to grow slower than the US market (9.9% per year).

High Growth Revenue: ZAGG's revenue (1.7% 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


Next Steps

Past Performance

How has ZAGG performed over the past 5 years?

-17.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ZAGG is currently unprofitable.

Growing Profit Margin: ZAGG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ZAGG is unprofitable, and losses have increased over the past 5 years at a rate of 17.9% per year.

Accelerating Growth: Unable to compare ZAGG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ZAGG is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (15.3%).


Return on Equity

High ROE: ZAGG has a negative Return on Equity (-39.33%), as it is currently unprofitable.


Next Steps

Financial Health

How is ZAGG's financial position?


Financial Position Analysis

Short Term Liabilities: ZAGG's short term assets ($182.3M) exceed its short term liabilities ($85.7M).

Long Term Liabilities: ZAGG's short term assets ($182.3M) exceed its long term liabilities ($112.1M).


Debt to Equity History and Analysis

Debt Level: ZAGG's debt to equity ratio (88.3%) is considered high.

Reducing Debt: Insufficient data to determine if ZAGG's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: ZAGG's debt is not well covered by operating cash flow (5.9%).

Interest Coverage: ZAGG is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is ZAGG 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 recent payouts.

High Dividend: Unable to evaluate ZAGG'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 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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.1yrs

Average management tenure


CEO

Chris Ahern (44 yo)

2.5yrs

Tenure

US$1,142,589

Compensation

Mr. Chris M. 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 Pres ...


CEO Compensation Analysis

Compensation vs Market: Chris's total compensation ($USD1.14M) is above average for companies of similar size in the US market ($USD601.89K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Chris Ahern
CEO & Director2.5yrsUS$1.14m0.34%
$ 297.5k
Taylor Smith
Chief Financial Officer1.5yrsUS$379.51k0.17%
$ 147.7k
Jim Kearns
Chief Operating Officer2.08yrsUS$600.31k0.059%
$ 52.3k
Bradley Holiday
Senior Vice President of Finance and Strategic Projects1.5yrsUS$885.16k0.44%
$ 385.8k
Abby Barraclough
General Counsel & Corporate Secretary4.08yrsno datano data

2.1yrs

Average Tenure

51.5yo

Average Age

Experienced Management: ZAGG's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Chris Ahern
CEO & Director2.5yrsUS$1.14m0.34%
$ 297.5k
Edward Terino
Independent Director0.42yrno data0.10%
$ 88.8k
Daniel Maurer
Independent Director8.17yrsUS$152.00k0.36%
$ 316.9k
Cheryl Larabee
Chairperson & Lead Independent Director8.08yrsUS$223.00k0.42%
$ 371.4k
P. Stubbs
Independent Director5.17yrsUS$155.00k0.11%
$ 98.2k
Ronald Garriques
Independent Director0.42yrno datano data
Michael Birch
Independent Director1.92yrsUS$140.00k0.033%
$ 29.3k

2.5yrs

Average Tenure

56yo

Average Age

Experienced Board: ZAGG's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


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 been diluted in the past year, with total shares outstanding growing by 2.6%.


Top Shareholders

Company Information

ZAGG Inc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: ZAGG Inc
  • Ticker: ZAGG
  • Exchange: NasdaqGS
  • Founded:
  • Industry: Consumer Electronics
  • Sector: Consumer Durables
  • Market Cap: US$88.273m
  • Shares outstanding: 29.82m
  • Website: https://www.zagg.com

Number of Employees


Location

  • ZAGG Inc
  • 910 West Legacy Center Way
  • Suite 500
  • Midvale
  • Utah
  • 84047
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ZAGGNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJul 2007
ZA2DB (Deutsche Boerse AG)YesCommon StockDEEURJul 2007

Biography

ZAGG Inc, together with its subsidiaries, designs, manufactures, and distributes mobile tech accessories for smartphones, tablets, smartwatches, and other mobile technology in the United States, Europe, an ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/23 06:23
End of Day Share Price2020/09/22 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.