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iRobot (NAS:IRBT) Net Current Asset Value

: $6.15 (As of Dec. 2022)
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In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

iRobot's net current asset value per share for the quarter that ended in Dec. 2022 was $6.15.

The historical rank and industry rank for iRobot's Net Current Asset Value or its related term are showing as below:

IRBT' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.81   Med: 4.91   Max: 10.04
Current: 7.1

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of iRobot was 10.04. The lowest was 2.81. And the median was 4.91.

IRBT's Price-to-Net-Current-Asset-Value is ranked worse than
65.65% of 262 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4.16 vs IRBT: 7.10

iRobot Net Current Asset Value Historical Data

The historical data trend for iRobot's Net Current Asset Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

iRobot Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Current Asset Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.18 11.48 17.60 11.92 6.15

iRobot Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Net Current Asset Value Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.92 11.27 9.79 9.12 6.15

Competitive Comparison

For the Furnishings, Fixtures & Appliances subindustry, iRobot's Net Current Asset Value, along with its competitors' market caps and Net Current Asset Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

iRobot Net Current Asset Value Distribution

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, iRobot's Net Current Asset Value distribution charts can be found below:

* The bar in red indicates where iRobot's Net Current Asset Value falls in comparison to its industry or sector. The grey bar indicates the Net Current Asset Value's extreme value range as defined by GuruFocus.



iRobot Net Current Asset Value Calculation

iRobot's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2022 is calculated as

Net Current Asset Value Per Share(A: Dec. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(528.3-359.727-0-0)/27.423
=6.15

iRobot's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2022 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(528.3-359.727-0-0)/27.423
=6.15

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


iRobot  (NAS:IRBT) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener. GuruFocus also publishes a monthly Net-Net newsletter.


iRobot Net Current Asset Value Related Terms

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iRobot (NAS:IRBT) Business Description

iRobot logo
Traded in Other Exchanges
Address
8 Crosby Drive, Bedford, MA, USA, 01730
iRobot Corp is a united state based consumer robot company. It designs and builds robots that assist consumers with the solutions for the activities to be carried both inside and outside of the home. The company's consumer robot comprises a portfolio of solutions which includes cleaning, mapping and navigation, human-robot interaction, and physical solutions. The company operates in the business segment of Consumer robots. The consumer robot products are provided to the consumers by retail businesses and online store. The company derives its revenue from the product sales. It sells the products across the United States and around the world.
Executives
Karen Golz director ONE TECHNOLOGY WAY, NORWOOD MA 02062
Jean Jacques Blanc officer: Chief Commercial Officer IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01730
Faris Habbaba officer: Chief R&D Officer IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01730
Julie Zeiler officer: EVP, Chief Financial Officer C/O IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01730
Karian Wong officer: VP, Finance C/O IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01730
Timothy Saeger officer: EVP Engineering C/O IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01730
David Keith Hartsfield officer: Chief Product Officer C/O IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01730
Eva Manolis director C/O SHUTTERFLY, INC., 2800 BRIDGE PARKWAY, REDWOOD CITY CA 94065
Ruey Bin Kao director CHINA HOLDINGS ACQUISITION CORP., 33 RIVERSIDE AVENUE, 5TH FLOOR, WESTPORT CT 06880
Elisha W Finney director C/O VARIAN MEDICAL SYSTEMS, INC, 3100 HANSEN WAY M/S E-327, PALO ALTO CA 94304
Andrew Miller director 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Michael Bell director C/O SILVER SPRING NETWORKS, INC., 555 BROADWAY STREET, REDWOOD CITY CA 94063
Mohamad Ali director 2 AVENUE DE LAFAYETTE, BOSTON MA 02111
Michelle Stacy director 33 COFFEE LANE, WATERBURY VT 05676
Christian Cerda officer: SVP & GM, Home Robots IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01930

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