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iRobot

Nasdaq:IRBT
Snowflake Description

Flawless balance sheet with questionable track record.

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

iRobot Corporation designs, builds, and sells robots for the consumer market in the United States, Europe, the Middle East, Africa, and internationally. The last earnings update was 50 days ago. More info.


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  • iRobot has significant price volatility in the past 3 months.
IRBT Share Price and Events
7 Day Returns
-8.1%
NasdaqGS:IRBT
-7.3%
US Consumer Durables
-1.1%
US Market
1 Year Returns
-68%
NasdaqGS:IRBT
-25.9%
US Consumer Durables
-13.6%
US Market
IRBT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
iRobot (IRBT) -8.1% -20% -18.7% -68% -40.1% 18.5%
US Consumer Durables -7.3% -36.5% -37.8% -25.9% -29.2% -27%
US Market -1.1% -17.8% -22.5% -13.6% 4.9% 16.3%
1 Year Return vs Industry and Market
  • IRBT underperformed the Consumer Durables industry which returned -25.9% over the past year.
  • IRBT underperformed the Market in United States of America which returned -13.6% over the past year.
Price Volatility
IRBT
Industry
5yr Volatility vs Market

Value

 Is iRobot 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 iRobot 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 iRobot.

NasdaqGS:IRBT Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 7 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.3%
Perpetual Growth Rate 10-Year US Government Bond Rate 1.7%

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:IRBT
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 1.7%
Equity Risk Premium S&P Global 5.4%
Consumer Durables Unlevered Beta Simply Wall St/ S&P Global 0.73
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.731 (1 + (1- 21%) (5.46%))
0.841
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.84
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.74% + (0.841 * 5.44%)
6.32%

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

The calculations below outline how an intrinsic value for iRobot 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.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

NasdaqGS:IRBT DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 6.32%)
2020 -2.00 Analyst x1 -1.88
2021 24.00 Analyst x1 21.23
2022 9.33 Est @ -61.12% 7.76
2023 5.39 Est @ -42.26% 4.22
2024 3.82 Est @ -29.06% 2.81
2025 3.06 Est @ -19.82% 2.12
2026 2.65 Est @ -13.35% 1.73
2027 2.42 Est @ -8.83% 1.48
2028 2.28 Est @ -5.66% 1.32
2029 2.21 Est @ -3.44% 1.20
Present value of next 10 years cash flows $41.00
NasdaqGS:IRBT DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $2.21 × (1 + 1.74%) ÷ (6.32% – 1.74%)
$49.03
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $49.03 ÷ (1 + 6.32%)10
$26.58
NasdaqGS:IRBT Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $41.00 + $26.58
$67.58
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $67.58 / 28.39
$2.38
NasdaqGS:IRBT Discount to Share Price
Calculation Result
Value per share (USD) From above. $2.38
Current discount Discount to share price of $39.82
= -1 x ($39.82 - $2.38) / $2.38
-1572.8%

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

  • The current share price of iRobot is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 iRobot's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are iRobot's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:IRBT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-28) in USD $3.04
NasdaqGS:IRBT Share Price ** NasdaqGS (2020-04-02) in USD $39.82
United States of America Consumer Durables Industry PE Ratio Median Figure of 44 Publicly-Listed Consumer Durables Companies 7.21x
United States of America Market PE Ratio Median Figure of 2,943 Publicly-Listed Companies 12.9x

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

** Primary Listing of iRobot.

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

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

= 39.82 ÷ 3.04

13.12x

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

  • iRobot is overvalued based on earnings compared to the US Consumer Durables industry average.
  • iRobot is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does iRobot's expected growth come at a high price?
Raw Data
NasdaqGS:IRBT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.12x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts
-70.4%per year
United States of America Consumer Durables Industry PEG Ratio Median Figure of 34 Publicly-Listed Consumer Durables Companies 0.62x
United States of America Market PEG Ratio Median Figure of 2,006 Publicly-Listed Companies 0.95x

*Line of best fit is calculated by linear regression .

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

= PE Ratio ÷ Net Income Annual Growth Rate

= 13.12x ÷ -70.4%

-0.19x

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

  • iRobot earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on iRobot's assets?
Raw Data
NasdaqGS:IRBT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-28) in USD $23.00
NasdaqGS:IRBT Share Price * NasdaqGS (2020-04-02) in USD $39.82
United States of America Consumer Durables Industry PB Ratio Median Figure of 69 Publicly-Listed Consumer Durables Companies 0.78x
United States of America Market PB Ratio Median Figure of 5,140 Publicly-Listed Companies 1.25x
NasdaqGS:IRBT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 39.82 ÷ 23.00

1.73x

* Primary Listing of iRobot.

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

  • iRobot is overvalued based on assets compared to the US Consumer Durables industry average.
X
Value checks
We assess iRobot'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. iRobot has a total score of 0/6, 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 iRobot expected to perform in the next 1 to 3 years based on estimates from 7 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
-70.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is iRobot expected to grow at an attractive rate?
  • iRobot's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 1.7%.
Growth vs Market Checks
  • iRobot's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.
  • iRobot's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:IRBT Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:IRBT Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts -70.4%
NasdaqGS:IRBT Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 7 Analysts 8%
United States of America Consumer Durables Industry Earnings Growth Rate Market Cap Weighted Average 8%
United States of America Consumer Durables Industry Revenue Growth Rate Market Cap Weighted Average 4.4%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 12.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.2%

*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:IRBT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:IRBT Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 1,781 1
2022-12-31 1,590 1
2021-12-31 1,339 64 34 7
2020-12-31 1,117 36 6 5
2020-04-03
2019-12-31 1,203 69 77 8
NasdaqGS:IRBT Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-28 1,214 130 85
2019-09-28 1,172 0 90
2019-06-29 1,147 67 87
2019-03-30 1,113 95 90
2018-12-29 1,093 72 88
2018-09-29 1,035 66 67
2018-06-30 976 70 58
2018-03-31 933 79 55
2017-12-30 884 76 51
2017-09-30 770 100 60
2017-07-01 733 114 57
2017-04-01 698 95 54
2016-12-31 661 116 42

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • iRobot's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • iRobot's revenue is expected to grow by 8% 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:IRBT 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 7 Analyst Estimates (S&P Global) See Below

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

NasdaqGS:IRBT Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31 3.41 3.41 3.41 1.00
2021-12-31 1.20 1.76 -0.13 5.00
2020-12-31 0.21 1.10 -1.39 5.00
2020-04-03
2019-12-31 2.67 2.78 2.60 9.00
NasdaqGS:IRBT Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-28 3.04
2019-09-28 3.24
2019-06-29 3.13
2019-03-30 3.26
2018-12-29 3.18
2018-09-29 2.43
2018-06-30 2.07
2018-03-31 1.98
2017-12-30 1.85
2017-09-30 2.19
2017-07-01 2.10
2017-04-01 1.99
2016-12-31 1.51

*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.
  • iRobot is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess iRobot'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.
iRobot has a total score of 1/6, 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 iRobot 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 iRobot'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.
  • iRobot has delivered over 20% year on year earnings growth in the past 5 years.
  • iRobot's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • iRobot's 1-year earnings growth is negative, it can't be compared to the US Consumer Durables industry average.
Earnings and Revenue History
iRobot'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 iRobot Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:IRBT Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-28 1,214.01 85.30 314.65 141.61
2019-09-28 1,171.90 90.45 318.39 141.77
2019-06-29 1,147.03 86.85 320.12 143.68
2019-03-30 1,113.18 90.11 312.49 142.95
2018-12-29 1,092.58 87.99 307.91 140.63
2018-09-29 1,034.82 67.42 286.47 135.81
2018-06-30 975.68 57.57 273.59 129.34
2018-03-31 932.51 55.01 263.85 120.59
2017-12-30 883.91 50.96 246.88 113.15
2017-09-30 769.51 60.02 215.37 102.38
2017-07-01 732.72 57.46 199.83 93.21
2017-04-01 698.27 54.37 186.75 85.59
2016-12-31 660.60 41.94 181.95 79.81
2016-10-01 654.53 47.59 168.04 78.13
2016-07-02 629.53 40.87 167.18 76.58
2016-04-02 629.62 43.31 160.86 76.77
2016-01-02 616.78 44.13 151.31 76.07
2015-09-26 569.70 34.19 145.77 73.77
2015-06-27 569.59 36.00 140.54 72.99
2015-03-28 560.60 37.28 135.51 71.51
2014-12-27 556.85 37.80 135.53 69.41
2014-09-27 523.85 31.61 125.87 69.55
2014-06-28 504.85 24.80 123.43 69.82
2014-03-29 495.41 24.57 125.54 67.18
2013-12-28 487.40 27.64 122.90 63.65
2013-09-28 461.75 18.52 124.92 60.96
2013-06-29 463.55 25.92 122.21 56.39

*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.
  • iRobot has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • iRobot used its assets more efficiently than the US Consumer Durables industry average last year based on Return on Assets.
  • iRobot's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess iRobot'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.
iRobot has a total score of 2/6, 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 iRobot'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 iRobot's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • iRobot is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • iRobot's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of iRobot'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.
  • iRobot has no debt, it does not need to be covered by short term assets.
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 iRobot Company Filings, last reported 3 months ago.

NasdaqGS:IRBT Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-28 652.07 0.00 256.42
2019-09-28 622.89 0.00 91.07
2019-06-29 579.58 0.00 156.78
2019-03-30 562.62 0.00 200.46
2018-12-29 535.32 0.00 161.98
2018-09-29 503.58 0.00 135.12
2018-06-30 458.04 0.00 127.33
2018-03-31 496.63 0.00 184.46
2017-12-30 470.33 0.00 165.86
2017-09-30 456.49 0.00 278.23
2017-07-01 425.80 0.00 260.11
2017-04-01 408.45 0.00 275.67
2016-12-31 388.96 0.00 254.45
2016-10-01 364.52 0.00 202.73
2016-07-02 339.54 0.00 173.29
2016-04-02 413.18 0.00 246.74
2016-01-02 417.41 0.00 213.04
2015-09-26 403.11 0.00 212.22
2015-06-27 405.46 0.00 223.84
2015-03-28 394.29 0.00 220.92
2014-12-27 390.44 0.00 222.12
2014-09-27 377.77 0.00 186.76
2014-06-28 359.28 0.00 182.70
2014-03-29 346.82 0.00 185.36
2013-12-28 330.69 0.00 187.36
2013-09-28 322.60 0.00 156.68
2013-06-29 308.21 0.00 152.87
  • iRobot has no debt.
  • iRobot has not taken on any debt in the past 5 years.
  • iRobot has no debt, it does not need to be covered by operating cash flow.
  • iRobot has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess iRobot'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. iRobot has a total score of 6/6, 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 iRobot'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 iRobot dividends. Estimated to be 0% next year.
If you bought $2,000 of iRobot 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 iRobot's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate iRobot'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:IRBT 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 7 Analyst Estimates (S&P Global) See Below
United States of America Consumer Durables Industry Average Dividend Yield Market Cap Weighted Average of 20 Stocks 3.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1943 Stocks 3.1%
United States of America Minimum Threshold Dividend Yield 10th Percentile 1.1%
United States of America Bottom 25% Dividend Yield 25th Percentile 2%
United States of America Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

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

NasdaqGS:IRBT Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31 0.00 1.00
2021-12-31 0.00 2.00
2020-12-31 0.00 2.00
2020-04-03
2019-12-31 0.00 2.00

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

  • Unable to perform a dividend volatility check as iRobot has not reported any payouts.
  • Unable to verify if iRobot's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of iRobot's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as iRobot has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of iRobot's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess iRobot's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - 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 iRobot afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. iRobot 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 iRobot'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
Colin Angle
COMPENSATION $5,683,314
AGE 52
TENURE AS CEO 22.8 years
CEO Bio

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 serves as an Advisor of Axon Sleep Research Laboratories, Inc. He served as Advisor of Zeo, Inc. Mr. Angle has pioneered business models and relationships responsible for the introduction of multiple commercially viable robotic products in commercial and consumer markets. He guides the strategic direction of iRobot, by applying its core technologies to the commercial sector. His background in both business and technology facilitate his ability to craft strategic relationships with outside firms. Mr. Angle has closed several long-term, strategic relationships with multi-billion dollar, multi-national companies. He has arranged equity financing and acquisitions for iRobot. He served as President of iRobot from November 1992. He is a Member of the Board of Directors at Striiv, Inc. Mr. Angle has been the Chairman of the Board of iRobot Corporation since October 2008 and its Director since October 1992. He serves as Director of Axon Sleep Research Laboratories, Inc. He served as a Director of Zeo, Inc. He sits on the Board of Directors of Axon Labs, Inc. and is active on the Robotics & Intelligent Machines (RIM) Advisory Board. Mr. Angle serves as a Member of Advisory Board at Harvest Automation, Inc. His leadership and vision for the future of robots have been recognized with numerous professional awards. He was named CEO of the Year by the Mass Technology Leadership Council, a Mass High Tech All-Star, one of Fortune Small Business Magazine's Best Bosses and New England Entrepreneur of the Year by Ernst and Young. He is an industry pioneer with more than two decades of experience. Mr. Angle holds an M.S. degree in Computer Science and a B.S. degree in Electrical Engineering, both from MIT.

CEO Compensation
  • Colin's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Colin'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 iRobot management team in years:

6.2
Average Tenure
53
Average Age
  • The average tenure for the iRobot management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Colin Angle

TITLE
Co-Founder
COMPENSATION
$6M
AGE
52
TENURE
22.8 yrs

Alison Dean

TITLE
Executive VP
COMPENSATION
$2M
AGE
54
TENURE
7 yrs

Glen Weinstein

TITLE
Executive VP
COMPENSATION
$2M
AGE
48
TENURE
7.7 yrs

Russ Campanello

TITLE
Executive Vice President of Human Resources & Corporate Communications
COMPENSATION
$1M
AGE
63
TENURE
6.2 yrs

Elise Caffrey

TITLE
Senior Vice President of Investor Relations

Tim Saeger

TITLE
Executive Vice President of Engineering
TENURE
4.7 yrs

Keith Hartsfield

TITLE
Chief Product Officer
TENURE
0.6 yrs

Charlie Kirol

TITLE
Chief Supply Chain Officer
TENURE
0.2 yrs

Andy Kramer

TITLE
Vice President of Investor Relations
Board of Directors Tenure

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

4.1
Average Tenure
58
Average Age
  • The tenure for the iRobot board of directors is about average.
Board of Directors

Deborah Ellinger

TITLE
Lead Independent Director
COMPENSATION
$210K
AGE
60
TENURE
4.1 yrs

Colin Angle

TITLE
Co-Founder
COMPENSATION
$6M
AGE
52
TENURE
11.5 yrs

Mike Bell

TITLE
Independent Director
COMPENSATION
$205K
AGE
53
TENURE
4.1 yrs

Andy Miller

TITLE
Independent Director
COMPENSATION
$205K
AGE
59
TENURE
3.6 yrs

Michelle Stacy

TITLE
Independent Director
COMPENSATION
$191K
AGE
63
TENURE
5.7 yrs

Mohamad Ali

TITLE
Independent Director
COMPENSATION
$195K
AGE
49
TENURE
4.7 yrs

Elisha Finney

TITLE
Independent Director
COMPENSATION
$197K
AGE
58
TENURE
3.3 yrs

Ruey-Bin Kao

TITLE
Independent Director
COMPENSATION
$246K
AGE
59
TENURE
1.8 yrs

Eva Manolis

TITLE
Director
AGE
55
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess iRobot'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. iRobot 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

iRobot (NASDAQ:IRBT) Shareholders Have Enjoyed A 86% Share Price Gain

iRobot Corporation (NASDAQ:IRBT) shareholders might understandably be very concerned that the share price has dropped 33% in the last quarter. … See our latest analysis for iRobot In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. … Over half a decade, iRobot managed to grow its earnings per share at 30% a year.

Simply Wall St -

Is Now The Time To Put iRobot (NASDAQ:IRBT) On Your Watchlist?

I like to see top-line growth as an indication that growth is sustainable, and I look for a high earnings before interest and taxation (EBIT) margin to point to a competitive moat (though some companies with low margins also have moats). … For growth investors like me, iRobot's raw rate of earnings growth is a beacon in the night. … Of course, you can do well (sometimes) buying stocks that are not growing earnings and do not have insiders buying shares.

Simply Wall St -

How Does iRobot's (NASDAQ:IRBT) P/E Compare To Its Industry, After The Share Price Drop?

One way to gauge market expectations of a stock is to look at its Price to Earnings Ratio (PE Ratio). … The exact same company would hypothetically deserve a higher P/E ratio if it had a strong balance sheet, than if it had a weak one with lots of debt, because a cashed up company can spend on growth. … Since iRobot holds net cash of US$157m, it can spend on growth, justifying a higher P/E ratio than otherwise.

Simply Wall St -

iRobot Corporation (NASDAQ:IRBT): Earnings Expected To Remain Subdued

As iRobot Corporation (NASDAQ:IRBT) announced its recent earnings release on 29 June 2019, analyst consensus outlook appear bearish, as a 1.8% fall in profits is expected in the upcoming year relative to the past 5-year average growth rate of 21%. … To reduce the year-on-year volatility of analyst earnings forecast, I've inserted a line of best fit through the expected earnings figures to determine the annual growth rate from the slope of the line. … NasdaqGS:IRBT Past and Future Earnings, August 10th 2019 This results in an annual growth rate of 16% based on the most recent earnings level of US$88m to the final forecast of US$123m by 2022.

Simply Wall St -

Does iRobot Corporation's (NASDAQ:IRBT) CEO Pay Reflect Performance?

Check out our latest analysis for iRobot How Does Colin Angle's Compensation Compare With Similar Sized Companies? … Most shareholders would probably be pleased with iRobot Corporation for providing a total return of 96% over three years. … We examined the amount iRobot Corporation pays its CEO, and compared it to the amount paid by similar sized companies.

Simply Wall St -

When Should You Buy iRobot Corporation (NASDAQ:IRBT)?

Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. … According to my valuation model, iRobot seems to be fairly priced at around 19.81% above my intrinsic value, which means if you buy iRobot today, you’d be paying a relatively reasonable price for it. … And if you believe the company’s true value is $75.36, then there isn’t really any room for the share price grow beyond what it’s currently trading.

Simply Wall St -

Should You Consider iRobot Corporation (NASDAQ:IRBT)?

IRBT currently has no debt on its balance sheet. … Take a look at our free research report of analyst consensus for IRBT’s outlook. … The intrinsic value infographic in our free research report helps visualize whether IRBT is currently mispriced by the market.

Simply Wall St -

Have Investors Priced In iRobot Corporation's (NASDAQ:IRBT) Growth?

iRobot is available at price-to-earnings ratio of 28.31x, showing us it is overvalued based on current earnings compared to the Consumer Durables industry average of 13.64x , and overvalued compared to the US market average ratio of 17.88x. … But, since iRobot is a high-growth stock, we must also account for its earnings growth by using calculation called the PEG ratio. … This tells us that when we include its growth in our analysis iRobot's stock can be considered a bit overvalued , based on its fundamentals.

Simply Wall St -

Why iRobot Corporation’s (NASDAQ:IRBT) Return On Capital Employed Is Impressive

Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for iRobot: 0.16 = US$103m ÷ (US$779m - US$145m) (Based on the trailing twelve months to March 2019.) Therefore, iRobot has an ROCE of 16%. … How iRobot's Current Liabilities Impact Its ROCE Current liabilities are short term bills and invoices that need to be paid in 12 months or less. … The ROCE equation subtracts current liabilities from capital employed, so a company with a lot of current liabilities appears to have less capital employed, and a higher ROCE than otherwise.

Simply Wall St -

Despite Its High P/E Ratio, Is iRobot Corporation (NASDAQ:IRBT) Still Undervalued?

The formula for price to earnings is: Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS) Or for iRobot: P/E of 27.26 = $88.81 ÷ $3.26 (Based on the year to March 2019.) Is A High Price-to-Earnings Ratio Good? … A higher P/E ratio means that investors are paying a higher price for each $1 of company earnings. … iRobot's Balance Sheet Since iRobot holds net cash of US$135m, it can spend on growth, justifying a higher P/E ratio than otherwise.

Simply Wall St -

Company Info

Description

iRobot Corporation designs, builds, and sells robots for the consumer market in the United States, Europe, the Middle East, Africa, and internationally. It offers Roomba floor vacuuming robots; Braava family of automatic floor mopping robots; Terra robotic lawn mower products; and Root robots designed to help children learn how to code. The company sells its products through distributor and retail sales channels, as well as through online stores and resellers. iRobot Corporation was founded in 1990 and is headquartered in Bedford, Massachusetts.

Details
Name: iRobot Corporation
IRBT
Exchange: NasdaqGS
Founded: 1990
$1,130,435,883
28,388,646
Website: http://www.irobot.com
Address: iRobot Corporation
8 Crosby Drive,
Bedford,
Massachusetts, 01730,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS IRBT Common Shares Nasdaq Global Select US USD 09. Nov 2005
DB I8R Common Shares Deutsche Boerse AG DE EUR 09. Nov 2005
XTRA I8R Common Shares XETRA Trading Platform DE EUR 09. Nov 2005
LSE 0R38 Common Shares London Stock Exchange GB USD 09. Nov 2005
SWX IRBT Common Shares SIX Swiss Exchange CH CHF 09. Nov 2005
WBAG IRBT Common Shares Wiener Boerse AG AT EUR 09. Nov 2005
ETLX I8R Common Shares Eurotlx IT EUR 09. Nov 2005
Number of employees
Current staff
Staff numbers
1,128
iRobot employees.
Industry
Household Appliances
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/03 01:50
End of day share price update: 2020/04/02 00:00
Last estimates confirmation: 2020/03/31
Last earnings filing: 2020/02/13
Last earnings reported: 2019/12/28
Last annual earnings reported: 2019/12/28


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.