This module uses fundamental data of Resideo Technologies to approximate its Piotroski F score. Resideo Technologies F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Resideo Technologies. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Resideo Technologies financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Resideo Technologies Altman Z Score, Resideo Technologies Correlation, Resideo Technologies Valuation, as well as analyze Resideo Technologies Alpha and Beta and Resideo Technologies Hype Analysis.
As of now, Resideo Technologies' Net Debt To EBITDA is increasing as compared to previous years. The Resideo Technologies' current Interest Debt Per Share is estimated to increase to 14.84, while Net Debt is projected to decrease to under 775.5 M. As of now, Resideo Technologies' Free Cash Flow Yield is increasing as compared to previous years. The Resideo Technologies' current Operating Cash Flow Per Share is estimated to increase to 3.19, while Book Value Per Share is projected to decrease to 14.26.
At this time, it appears that Resideo Technologies' Piotroski F Score is Unavailable. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
The critical factor to consider when applying the Piotroski F Score to Resideo Technologies is to make sure Resideo is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Resideo Technologies' auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Resideo Technologies' financial numbers are properly reported.
One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Resideo Technologies' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Resideo Technologies in a much-optimized way.
F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.
Book Value Per Share
14.26
As of now, Resideo Technologies' Book Value Per Share is decreasing as compared to previous years.
Resideo Technologies ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Resideo Technologies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Resideo Technologies' managers, analysts, and investors.
Environmental
Governance
Social
About Resideo Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Resideo Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Resideo Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Resideo Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
When determining whether Resideo Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Resideo Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Resideo Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Resideo Technologies Stock:
For more detail on how to invest in Resideo Stock please use our How to Invest in Resideo Technologies guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Building Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Resideo Technologies. If investors know Resideo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Resideo Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.86)
Earnings Share
0.61
Revenue Per Share
46.308
Quarterly Revenue Growth
0.209
Return On Assets
0.0507
The market value of Resideo Technologies is measured differently than its book value, which is the value of Resideo that is recorded on the company's balance sheet. Investors also form their own opinion of Resideo Technologies' value that differs from its market value or its book value, called intrinsic value, which is Resideo Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Resideo Technologies' market value can be influenced by many factors that don't directly affect Resideo Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Resideo Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Resideo Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Resideo Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.