Frontdoor Book Value Per Share vs Roe Analysis

FTDR Stock

USD 58.62 1.18 2.05%

Frontdoor financial indicator trend analysis is much more than just examining Frontdoor latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Frontdoor is a good investment. Please check the relationship between Frontdoor Book Value Per Share and its Roe accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Frontdoor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

To learn how to invest in Frontdoor Stock, please use our How to Invest in Frontdoor guide.

Book Value Per Share vs Roe

Book Value Per Share vs Roe Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Frontdoor Book Value Per Share account and Roe. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Frontdoor's Book Value Per Share and Roe is -0.21. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Roe in the same time period over historical financial statements of Frontdoor, assuming nothing else is changed. The correlation between historical values of Frontdoor's Book Value Per Share and Roe is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Frontdoor are associated (or correlated) with its Roe. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roe has no effect on the direction of Book Value Per Share i.e., Frontdoor's Book Value Per Share and Roe go up and down completely randomly.

Correlation Coefficient

-0.21

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Roe

Most indicators from Frontdoor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Frontdoor current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Frontdoor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

To learn how to invest in Frontdoor Stock, please use our How to Invest in Frontdoor guide.At this time, Frontdoor's Selling General Administrative is relatively stable compared to the past year. As of 11/22/2024, Sales General And Administrative To Revenue is likely to grow to 0.18, while Tax Provision is likely to drop slightly above 39.5 M.

	2021	2022	2023	2024 (projected)
Interest Income	1M	4M	15M	15.8M
Tax Provision	39M	22M	53M	39.5M

Interest Income Tax Provision

Frontdoor fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Short Term Investments	Long Term Debt Total	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab
Common Stock Shares Outstanding		0.62	-0.23	-0.35	0.39	0.2	0.43	0.18	-0.29	0.33	-0.21	-0.38	-0.22	-0.51	-0.23	0.18	-0.21	-0.21	0.37	-0.58	0.28	-0.23	-0.22	-0.08	0.47	-0.22
Total Assets	0.62		-0.47	-0.49	0.71	0.57	0.41	0.55	-0.51	0.66	-0.6	-0.62	-0.04	-0.51	-0.59	0.31	-0.23	0.01	0.65	-0.55	0.5	-0.25	-0.46	0.07	0.73	-0.35
Short Long Term Debt Total	-0.23	-0.47		0.86	-0.93	-0.98	-0.79	-0.99	0.87	-0.92	0.98	0.7	0.84	0.84	0.97	0.56	0.82	0.81	-0.95	0.58	-0.95	0.83	1.0	-0.62	-0.9	0.98
Other Current Liab	-0.35	-0.49	0.86		-0.9	-0.81	-0.94	-0.82	0.98	-0.94	0.81	0.93	0.81	0.88	0.81	0.51	0.73	0.77	-0.94	0.77	-0.97	0.75	0.85	-0.2	-0.93	0.79
Total Current Liabilities	0.39	0.71	-0.93	-0.9		0.94	0.8	0.94	-0.9	0.99	-0.95	-0.86	-0.69	-0.85	-0.93	-0.36	-0.7	-0.65	0.99	-0.75	0.96	-0.71	-0.92	0.41	0.99	-0.85
Total Stockholder Equity	0.2	0.57	-0.98	-0.81	0.94		0.71	1.0	-0.83	0.91	-1.0	-0.67	-0.72	-0.79	-0.99	-0.45	-0.77	-0.69	0.94	-0.51	0.91	-0.77	-0.98	0.63	0.89	-0.94
Other Liab	0.43	0.41	-0.79	-0.94	0.8	0.71		0.72	-0.9	0.84	-0.71	-0.84	-0.83	-0.84	-0.7	-0.38	-0.84	-0.8	0.85	-0.79	0.89	-0.86	-0.78	0.2	0.84	-0.75
Net Tangible Assets	0.18	0.55	-0.99	-0.82	0.94	1.0	0.72		-0.84	0.92	-1.0	-0.68	-0.73	-0.8	-0.99	-0.47	-0.77	-0.7	0.94	-0.52	0.92	-0.77	-0.98	0.63	0.89	-0.95
Property Plant And Equipment Net	-0.29	-0.51	0.87	0.98	-0.9	-0.83	-0.9	-0.84		-0.94	0.83	0.91	0.76	0.91	0.84	0.51	0.72	0.72	-0.94	0.72	-0.96	0.73	0.86	-0.3	-0.92	0.79
Current Deferred Revenue	0.33	0.66	-0.92	-0.94	0.99	0.91	0.84	0.92	-0.94		-0.92	-0.91	-0.71	-0.84	-0.91	-0.4	-0.7	-0.66	0.99	-0.77	0.97	-0.72	-0.91	0.35	0.99	-0.82
Net Debt	-0.21	-0.6	0.98	0.81	-0.95	-1.0	-0.71	-1.0	0.83	-0.92		0.69	0.7	0.8	0.99	0.43	0.75	0.67	-0.95	0.54	-0.91	0.75	0.98	-0.62	-0.9	0.93
Accounts Payable	-0.38	-0.62	0.7	0.93	-0.86	-0.67	-0.84	-0.68	0.91	-0.91	0.69		0.58	0.75	0.7	0.31	0.58	0.53	-0.87	0.83	-0.87	0.61	0.68	-0.01	-0.9	0.56
Cash	-0.22	-0.04	0.84	0.81	-0.69	-0.72	-0.83	-0.73	0.76	-0.71	0.7	0.58		0.78	0.7	0.75	0.83	1.0	-0.75	0.57	-0.83	0.83	0.84	-0.46	-0.68	0.87
Non Current Assets Total	-0.51	-0.51	0.84	0.88	-0.85	-0.79	-0.84	-0.8	0.91	-0.84	0.8	0.75	0.78		0.82	0.51	0.68	0.76	-0.89	0.68	-0.87	0.68	0.84	-0.44	-0.87	0.83
Non Currrent Assets Other	-0.23	-0.59	0.97	0.81	-0.93	-0.99	-0.7	-0.99	0.84	-0.91	0.99	0.7	0.7	0.82		0.48	0.76	0.67	-0.94	0.49	-0.9	0.76	0.97	-0.63	-0.89	0.93
Other Assets	0.18	0.31	0.56	0.51	-0.36	-0.45	-0.38	-0.47	0.51	-0.4	0.43	0.31	0.75	0.51	0.48		0.45	0.76	-0.43	0.12	-0.53	0.43	0.57	-0.43	-0.32	0.61
Long Term Debt	-0.21	-0.23	0.82	0.73	-0.7	-0.77	-0.84	-0.77	0.72	-0.7	0.75	0.58	0.83	0.68	0.76	0.45		0.82	-0.75	0.48	-0.76	1.0	0.82	-0.55	-0.68	0.84
Cash And Short Term Investments	-0.21	0.01	0.81	0.77	-0.65	-0.69	-0.8	-0.7	0.72	-0.66	0.67	0.53	1.0	0.76	0.67	0.76	0.82		-0.71	0.53	-0.79	0.82	0.81	-0.47	-0.64	0.86
Net Receivables	0.37	0.65	-0.95	-0.94	0.99	0.94	0.85	0.94	-0.94	0.99	-0.95	-0.87	-0.75	-0.89	-0.94	-0.43	-0.75	-0.71		-0.74	0.98	-0.76	-0.94	0.41	0.99	-0.88
Good Will	-0.58	-0.55	0.58	0.77	-0.75	-0.51	-0.79	-0.52	0.72	-0.77	0.54	0.83	0.57	0.68	0.49	0.12	0.48	0.53	-0.74		-0.75	0.53	0.56	0.01	-0.81	0.47
Short Term Investments	0.28	0.5	-0.95	-0.97	0.96	0.91	0.89	0.92	-0.96	0.97	-0.91	-0.87	-0.83	-0.87	-0.9	-0.53	-0.76	-0.79	0.98	-0.75		-0.78	-0.94	0.36	0.95	-0.88
Long Term Debt Total	-0.23	-0.25	0.83	0.75	-0.71	-0.77	-0.86	-0.77	0.73	-0.72	0.75	0.61	0.83	0.68	0.76	0.43	1.0	0.82	-0.76	0.53	-0.78		0.82	-0.53	-0.7	0.83
Non Current Liabilities Total	-0.22	-0.46	1.0	0.85	-0.92	-0.98	-0.78	-0.98	0.86	-0.91	0.98	0.68	0.84	0.84	0.97	0.57	0.82	0.81	-0.94	0.56	-0.94	0.82		-0.63	-0.88	0.98
Other Current Assets	-0.08	0.07	-0.62	-0.2	0.41	0.63	0.2	0.63	-0.3	0.35	-0.62	-0.01	-0.46	-0.44	-0.63	-0.43	-0.55	-0.47	0.41	0.01	0.36	-0.53	-0.63		0.32	-0.69
Other Stockholder Equity	0.47	0.73	-0.9	-0.93	0.99	0.89	0.84	0.89	-0.92	0.99	-0.9	-0.9	-0.68	-0.87	-0.89	-0.32	-0.68	-0.64	0.99	-0.81	0.95	-0.7	-0.88	0.32		-0.8
Total Liab	-0.22	-0.35	0.98	0.79	-0.85	-0.94	-0.75	-0.95	0.79	-0.82	0.93	0.56	0.87	0.83	0.93	0.61	0.84	0.86	-0.88	0.47	-0.88	0.83	0.98	-0.69	-0.8

Click cells to compare fundamentals

Frontdoor Account Relationship Matchups

Frontdoor fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.3B	1.4B	1.1B	1.1B	1.1B	962.8M
Short Long Term Debt Total	1B	993M	644M	627M	610M	671.1M
Other Current Liab	121M	154M	140M	146M	136M	134.8M
Total Current Liabilities	345M	364M	403M	378M	331M	353.1M
Total Stockholder Equity	(179M)	(61M)	3M	61M	137M	83.9M
Other Liab	50M	37M	41M	47M	42.3M	39.1M
Net Tangible Assets	(871M)	(744M)	(669M)	(590M)	(531M)	(557.6M)
Property Plant And Equipment Net	68M	75M	83M	77M	63M	64.2M
Current Deferred Revenue	188M	187M	155M	121M	102M	203.9M
Net Debt	572M	396M	382M	335M	285M	306.8M
Accounts Payable	48M	55M	66M	80M	76M	58.7M
Cash	428M	597M	262M	292M	325M	364.4M
Non Current Assets Total	789M	779M	775M	752M	726M	809.5M
Non Currrent Assets Other	29M	22M	21M	24M	15M	20.2M
Other Assets	1M	(1M)	29M	37M	20M	(950K)
Long Term Debt	973M	968M	608M	592M	577M	739.4M
Cash And Short Term Investments	435M	597M	262M	292M	325M	373.5M
Net Receivables	12M	11M	5M	7M	6M	5.7M
Short Term Investments	9M	7M	0.0	6M	5M	8.8M
Long Term Debt Total	973M	968M	608M	592M	680.8M	756.8M
Liabilities And Stockholders Equity	1.3B	1.4B	1.1B	1.1B	1.1B	962.8M
Non Current Liabilities Total	1.1B	1.1B	688M	657M	622M	723.1M
Other Current Assets	(1M)	24M	26M	33M	32M	25.3M
Other Stockholder Equity	29M	46M	(34M)	(72M)	(166M)	(157.7M)
Total Liab	1.4B	1.5B	1.1B	1.0B	953M	1.2B
Property Plant And Equipment Gross	69M	75M	83M	77M	169M	177.5M
Total Current Assets	330M	461M	626M	295M	363M	374M
Accumulated Other Comprehensive Income	(21M)	(33M)	(18M)	8M	6M	6.3M
Non Current Liabilities Other	27M	96M	81M	65M	3M	2.9M
Intangible Assets	191M	170M	159M	148M	143M	131M
Property Plant Equipment	47M	68M	60M	66M	75.9M	56.9M
Net Invested Capital	641M	801M	914M	628M	731M	794.4M
Net Working Capital	97M	223M	(83M)	(34M)	32M	29.3M
Retained Earnings	(188M)	(75M)	53M	124M	296M	310.8M
Retained Earnings Total Equity	(188M)	(75M)	53M	124M	142.6M	149.7M

Pair Trading with Frontdoor

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Frontdoor position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Frontdoor will appreciate offsetting losses from the drop in the long position's value.

Moving together with Frontdoor Stock

0.65	BH	Biglari Holdings	Pair Corr
0.91	WH	Wyndham Hotels Resorts	Pair Corr

Moving against Frontdoor Stock

0.69	WING	Wingstop	Pair Corr
0.66	EJH	E Home Household	Pair Corr

The ability to find closely correlated positions to Frontdoor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Frontdoor when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Frontdoor - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Frontdoor to buy it.

The correlation of Frontdoor is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Frontdoor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Frontdoor moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Frontdoor can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Frontdoor Stock Analysis

When running Frontdoor's price analysis, check to measure Frontdoor's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Frontdoor is operating at the current time. Most of Frontdoor's value examination focuses on studying past and present price action to predict the probability of Frontdoor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Frontdoor's price. Additionally, you may evaluate how the addition of Frontdoor to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC