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frontdoor

DB:3I5
Snowflake Description

Moderate growth potential and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
3I5
DB
$4B
Market Cap
  1. Home
  2. DE
  3. Consumer Services
Company description

frontdoor, inc. provides home service plans in the United States. The last earnings update was 40 days ago. More info.


Add to Portfolio Compare Print
  • frontdoor has significant price volatility in the past 3 months.
3I5 Share Price and Events
7 Day Returns
1.6%
DB:3I5
1%
Europe Consumer Services
0.2%
DE Market
1 Year Returns
-
DB:3I5
-20.1%
Europe Consumer Services
-10.9%
DE Market
3I5 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
frontdoor (3I5) 1.6% 0.4% 23% - - -
Europe Consumer Services 1% 1.3% 1.4% -20.1% -46.6% -50.4%
DE Market 0.2% -2.5% -2% -10.9% 8.9% 6.3%
1 Year Return vs Industry and Market
  • No trading data on 3I5.
  • No trading data on 3I5.
Price Volatility
Industry
5yr Volatility vs Market

3I5 Value

 Is frontdoor 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 frontdoor 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 frontdoor.

DB:3I5 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 11 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 5.9%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

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 DB:3I5
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Consumer Services Unlevered Beta Simply Wall St/ S&P Global 0.76
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.761 (1 + (1- 21%) (28.88%))
0.956
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.96
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.956 * 5.96%)
5.93%

Discounted Cash Flow Calculation for DB:3I5 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for frontdoor 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.

DB:3I5 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 5.93%)
2019 156.58 Analyst x8 147.82
2020 185.43 Analyst x8 165.26
2021 222.56 Analyst x7 187.26
2022 282.60 Analyst x3 224.48
2023 318.10 Analyst x3 238.54
2024 344.65 Est @ 8.35% 244.00
2025 365.03 Est @ 5.91% 243.97
2026 380.38 Est @ 4.21% 240.01
2027 391.84 Est @ 3.01% 233.41
2028 400.38 Est @ 2.18% 225.15
Present value of next 10 years cash flows $2,149.89
DB:3I5 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $400.38 × (1 + 0.23%) ÷ (5.93% – 0.23%)
$7,043.60
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $7,043.60 ÷ (1 + 5.93%)10
$3,960.96
DB:3I5 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $2,149.89 + $3,960.96
$6,110.85
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $6,110.85 / 84.63
$72.2
DB:3I5 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:3I5 represents 0.88255x of NasdaqGS:FTDR
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.88255x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 72.20 x 0.88255
€63.72
Value per share (EUR) From above. €63.72
Current discount Discount to share price of €36.97
= -1 x (€36.97 - €63.72) / €63.72
42%

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

Current Discount
Amount off the current price frontdoor is available for.
Intrinsic value
42%
Share price is €36.97 vs Future cash flow value of €63.72
Current Discount Checks
For frontdoor to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • frontdoor's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • frontdoor's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 frontdoor's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are frontdoor's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:3I5 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $1.48
NasdaqGS:FTDR Share Price ** NasdaqGS (2019-06-18) in USD $41.89
Europe Consumer Services Industry PE Ratio Median Figure of 10 Publicly-Listed Consumer Services Companies 18.33x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.63x

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

** Primary Listing of frontdoor.

DB:3I5 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 41.89 ÷ 1.48

28.32x

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

  • frontdoor is overvalued based on earnings compared to the Europe Consumer Services industry average.
  • frontdoor is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does frontdoor's expected growth come at a high price?
Raw Data
DB:3I5 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 28.32x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts
17.4%per year
Europe Consumer Services Industry PEG Ratio Median Figure of 7 Publicly-Listed Consumer Services Companies 1.25x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.46x

*Line of best fit is calculated by linear regression .

DB:3I5 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 28.32x ÷ 17.4%

1.63x

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

  • frontdoor is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on frontdoor's assets?
Raw Data
DB:3I5 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $-3.95
NasdaqGS:FTDR Share Price * NasdaqGS (2019-06-18) in USD $41.89
Europe Consumer Services Industry PB Ratio Median Figure of 18 Publicly-Listed Consumer Services Companies 1.96x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.77x
DB:3I5 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 41.89 ÷ -3.95

-10.61x

* Primary Listing of frontdoor.

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

  • frontdoor has negative assets, we can't compare the value of its assets to the Europe Consumer Services industry average.
X
Value checks
We assess frontdoor'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 Services 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 Services industry average (and greater than 0)? (1 check)
  5. frontdoor has a total score of 2/6, 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.

3I5 Future Performance

 How is frontdoor expected to perform in the next 1 to 3 years based on estimates from 11 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
17.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is frontdoor expected to grow at an attractive rate?
  • frontdoor's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • frontdoor's earnings growth is expected to exceed the Germany market average.
  • frontdoor's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:3I5 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:3I5 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts 17.4%
DB:3I5 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 11 Analysts 8.6%
Europe Consumer Services Industry Earnings Growth Rate Market Cap Weighted Average 13.7%
Europe Consumer Services Industry Revenue Growth Rate Market Cap Weighted Average 7.2%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5%

*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
DB:3I5 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:3I5 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 1,937 337 258 1
2022-12-31 1,782 291 219 1
2021-12-31 1,643 239 188 7
2020-12-31 1,493 198 157 11
2019-12-31 1,374 176 124 11
DB:3I5 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 1,282 192 125
2018-12-31 1,258 189 125
2018-09-30 1,237 184 152
2018-06-30 1,206 204 155
2018-03-31 1,128 187 142
2017-12-31 1,157 194 160
2016-12-31 1,020 155 124

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • frontdoor's earnings are expected to grow by 17.4% yearly, however this is not considered high growth (20% yearly).
  • frontdoor's revenue is expected to grow by 8.6% 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
DB:3I5 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below

All data from frontdoor Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:3I5 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 2.98 2.98 2.98 1.00
2022-12-31 2.54 2.54 2.54 1.00
2021-12-31 2.16 2.34 2.06 5.00
2020-12-31 1.86 2.06 1.73 8.00
2019-12-31 1.46 1.60 1.37 8.00
DB:3I5 Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 1.48
2018-12-31 1.48
2018-09-30 1.80
2018-06-30
2018-03-31 1.67
2017-12-31 1.89
2016-12-31 1.47

*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.
  • Unable to establish if frontdoor will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess frontdoor'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 Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe 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.
frontdoor has a total score of 3/6, 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.

3I5 Past Performance

  How has frontdoor 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 frontdoor's growth in the last year to its industry (Consumer Services).
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.
  • frontdoor's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • frontdoor's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • frontdoor's 1-year earnings growth is negative, it can't be compared to the Europe Consumer Services industry average.
Earnings and Revenue History
frontdoor'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 frontdoor Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:3I5 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 1,282.00 125.00 346.00
2018-12-31 1,258.00 125.00 338.00
2018-09-30 1,237.00 152.00 330.00
2018-06-30 1,206.00 155.00 323.00
2018-03-31 1,127.50 141.50 314.00
2017-12-31 1,157.00 160.00 312.00
2016-12-31 1,020.00 124.00 286.00
2015-12-31 917.00 120.00 256.00

*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.
  • It is difficult to establish if frontdoor has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • frontdoor used its assets more efficiently than the Europe Consumer Services industry average last year based on Return on Assets.
  • Unable to establish if frontdoor improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess frontdoor'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 Services 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.
frontdoor 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.

3I5 Health

 How is frontdoor'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 frontdoor's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • frontdoor's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • frontdoor's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of frontdoor'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.
  • Low level of unsold assets.
  • frontdoor has negative shareholder equity (liabilities exceed assets) therefore debt is not 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 frontdoor Company Filings, last reported 2 months ago.

DB:3I5 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 -334.00 1,024.00 348.00
2018-12-31 -344.00 996.00 305.00
2018-09-30 -439.00 987.00 314.00
2018-06-30 657.00 2.00 339.00
2018-03-31 661.00 9.00 307.00
2017-12-31 661.00 9.00 307.00
2016-12-31 560.00 14.00 193.00
2015-12-31
  • frontdoor has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if frontdoor's debt level has increased considering it has negative shareholder equity.
  • Debt is not well covered by operating cash flow (19.2%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 6.1x coverage).
X
Financial health checks
We assess frontdoor'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. frontdoor has a total score of 1/6, 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.

3I5 Dividends

 What is frontdoor'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 frontdoor dividends. Estimated to be 0% next year.
If you bought €2,000 of frontdoor 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 frontdoor's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate frontdoor'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
DB:3I5 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 11 Analyst Estimates (S&P Global) See Below
Europe Consumer Services Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 2.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

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

DB:3I5 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.00 1.00
2020-12-31 0.00 2.00
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 frontdoor has not reported any payouts.
  • Unable to verify if frontdoor's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of frontdoor's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as frontdoor has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of frontdoor's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess frontdoor's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 frontdoor afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. frontdoor 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.

3I5 Management

 What is the CEO of frontdoor'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
Rex Tibbens
COMPENSATION $4,549,789
AGE 49
TENURE AS CEO 1.1 years
CEO Bio

Mr. Rexford J. Tibbens also known as Rex, has been President and Chief Executive Officer of frontdoor, inc. since May 15, 2018 and as its Director since September 2018. He was Chief Operating Officer of Lyft, an on-demand transportation company based in San Francisco, Calif. While at Lyft, he worked to expand the service to every state and launched crucial strategic initiatives, including their Nashville support center and Express Drive, a program that allowed potential employees to rent vehicles so they could provide service in select cities. Previously, he served as a Vice President at Amazon, where he led the technical and product development of Prime Now, Amazon’s one-hour delivery service. Before Amazon, he spent twelve years at Dell, serving in a variety of operations and logistics roles, including executive director of Global Services. He is a graduate from the University of Kentucky, with a bachelor’s degree in finance. He earned his MBA from the Case Western Reserve University.

CEO Compensation
  • Insufficient data for Rex to compare compensation growth.
  • Rex's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the frontdoor management team in years:

0.7
Average Tenure
49
Average Age
  • The average tenure for the frontdoor management team is less than 2 years, this suggests a new team.
Management Team

Rex Tibbens

TITLE
President
COMPENSATION
$5M
AGE
49
TENURE
1.1 yrs

Brian Turcotte

TITLE
Senior VP & CFO
COMPENSATION
$1M
AGE
60
TENURE
0.9 yrs

Jeff Fiarman

TITLE
Senior VP
COMPENSATION
$754K
AGE
49
TENURE
0.8 yrs

Chastitie Brim

TITLE
VP, Chief Accounting Officer & Controller

Piras Thiyagarajan

TITLE
Senior VP & CTO
TENURE
0.4 yrs

Matt Davis

TITLE
VP of Investor Relations & Treasurer

Raj Midha

TITLE
Chief Marketing & Strategy Officer

Jen Alessandra

TITLE
Senior VP & Chief People Officer
TENURE
0.3 yrs

Scott Brown

TITLE
Senior Vice President of Customer Experience
TENURE
0.7 yrs

Brett Worthington

TITLE
Senior Vice President of Business Development
TENURE
0.7 yrs
Board of Directors Tenure

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

0.7
Average Tenure
60
Average Age
  • The average tenure for the frontdoor board of directors is less than 3 years, this suggests a new board.
Board of Directors

Bill Cobb

TITLE
Chairman
COMPENSATION
$94K
AGE
61

Rex Tibbens

TITLE
President
COMPENSATION
$5M
AGE
49
TENURE
0.8 yrs

Pete Cella

TITLE
Director
COMPENSATION
$23K
AGE
60
TENURE
0.7 yrs

Rick Fox

TITLE
Director
COMPENSATION
$25K
AGE
70
TENURE
0.7 yrs

Anna Catalano

TITLE
Director
COMPENSATION
$94K
AGE
59
TENURE
0.8 yrs

Liane Pelletier

TITLE
Director
COMPENSATION
$94K
AGE
60
TENURE
0.8 yrs

Brian McAndrews

TITLE
Director
COMPENSATION
$87K
AGE
59
TENURE
0.7 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by frontdoor insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
14. May 19 Buy Peter Cella Individual 10. May 19 10. May 19 7,000 €34.22 €239,533
X
Management checks
We assess frontdoor'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. frontdoor 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.

3I5 News

Simply Wall St News

3I5 Company Info

Description

frontdoor, inc. provides home service plans in the United States. The company’s home service plans cover the repair or replacement of components of up to 21 household systems and appliances, including electrical, plumbing, water heaters, refrigerators, dishwashers, and ranges/ovens/cooktops, as well as central heating, ventilation and air conditioning systems. It serves homeowners under the American Home Shield, HSA, Landmark, and OneGuard brands. frontdoor, inc. was founded in 1971 and is headquartered in Memphis, Tennessee.

Details
Name: frontdoor, inc.
3I5
Exchange: DB
Founded: 1971
$3,164,887,511
84,633,516
Website: http://www.frontdoorhome.com
Address: frontdoor, inc.
150 Peabody Place,
Suite 300,
Memphis,
Tennessee, 38103,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS FTDR Common Stock Nasdaq Global Select US USD 13. Sep 2018
DB 3I5 Common Stock Deutsche Boerse AG DE EUR 13. Sep 2018
Number of employees
Current staff
Staff numbers
2,200
frontdoor employees.
Industry
Specialized Consumer Services
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/18 22:56
End of day share price update: 2019/06/18 00:00
Last estimates confirmation: 2019/06/10
Last earnings filing: 2019/05/09
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


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.