NasdaqGS:ZAGG

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Good value with reasonable 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


Market Performance


7 Day Return

-1.5%

NasdaqGS:ZAGG

0.8%

US Consumer Durables

0.8%

US Market


1 Year Return

-58.6%

NasdaqGS:ZAGG

14.6%

US Consumer Durables

1.9%

US Market

ZAGG underperformed the Consumer Durables industry which returned 14.6% over the past year.

ZAGG underperformed the Market in United States of America which returned 2.1% over the past year.


Share holder returns

ZAGGIndustryMarket
7 Day-1.5%0.8%0.8%
30 Day13.0%4.8%3.4%
90 Day-6.8%5.5%2.1%
1 Year-58.6%-58.6%16.2%14.6%4.2%1.9%
3 Year-13.8%-13.8%45.2%40.8%46.7%37.2%
5 Year15.5%15.5%36.4%28.0%62.3%44.5%

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

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

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 Based on Earnings

ZAGG is overvalued based on earnings compared to the US Consumer Durables industry average.

ZAGG is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

ZAGG is good value based on expected growth next year.


Price Based on Value of Assets

ZAGG is good value based on assets compared to the US Consumer Durables industry average.


Next Steps

Future Growth

How is ZAGG expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

23.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

ZAGG's revenue is expected to grow by 10.8% yearly, however this is not considered high growth (20% yearly).

ZAGG's earnings are expected to grow significantly at over 20% yearly.

ZAGG's revenue growth is expected to exceed the United States of America market average.

ZAGG's earnings growth is expected to exceed the United States of America market average.

ZAGG's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if ZAGG will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has ZAGG performed over the past 5 years?

22.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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.


Return on Equity

ZAGG has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

ZAGG used its assets less efficiently than the US Consumer Durables industry average last year based on Return on Assets.


Return on Capital Employed

ZAGG's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is ZAGG's financial position?


Financial Position Analysis

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.


Debt to Equity History and Analysis

ZAGG's level of debt (62.4%) 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 62.4% today).

Operating cash flow is negative therefore debt is not well covered.

Interest payments on debt are well covered by earnings (EBIT is 6x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 2.5x debt.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

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.

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

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.


Next Steps

Management

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

1.3yrs

Average management tenure


CEO

Chris Ahern (43yo)

1.5yrs

Tenure

US$2,225,415

Compensation

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

Chris's remuneration is higher than average for companies of similar size in United States of America.

Chris's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Management Age and Tenure

1.3yrs

Average Tenure

50.5yo

Average Age

The average tenure for the ZAGG management team is less than 2 years, this suggests a new team.


Board Age and Tenure

4.2yrs

Average Tenure

52yo

Average Age

The tenure for the ZAGG board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Brad Holiday (66yo)

    Senior Vice President of Finance and Strategic Projects

    • Tenure: 0.5yrs
    • Compensation: US$703.86k
  • Matt Smith

    Vice President of Corporate Development

    • Tenure: 2.5yrs
  • Chris Ahern (43yo)

    CEO & Director

    • Tenure: 1.5yrs
    • Compensation: US$2.23m
  • Abby Barraclough

    General Counsel & Corporate Secretary

    • Tenure: 3.1yrs
  • Jim Kearns (58yo)

    Chief Operating Officer

    • Tenure: 1.1yrs
    • Compensation: US$694.67k
  • Taylor Smith (40yo)

    Chief Financial Officer

    • Tenure: 0.5yrs

Board Members

  • Dan Maurer (62yo)

    Independent Director

    • Tenure: 7.2yrs
    • Compensation: US$151.67k
  • Cheryl Larabee (65yo)

    Chairperson & Lead Independent Director

    • Tenure: 7.1yrs
    • Compensation: US$222.52k
  • P. Stubbs (51yo)

    Independent Director

    • Tenure: 4.2yrs
    • Compensation: US$154.67k
  • Mike Birch (52yo)

    Director

    • Tenure: 0.9yrs
    • Compensation: US$25.89k
  • Chris Ahern (43yo)

    CEO & Director

    • Tenure: 1.5yrs
    • Compensation: US$2.23m

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$190.185m
  • Shares outstanding: 29.08m
  • 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 and tablets in the United States, Europe, and internationally. The company offers sc ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/17 23:59
End of Day Share Price2019/09/17 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.