Resideo Technologies
Market Cap
US$4.0b
Last Updated
2021/04/10 22:28 UTC
Data Sources
Company Financials +
Executive Summary
Resideo Technologies, Inc. develops, manufactures, and sells comfort, residential thermal, and security solutions to the commercial and residential end markets in the United States, Europe, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential with adequate balance sheet.
Similar Companies
Share Price & News
How has Resideo Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: REZI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: REZI's weekly volatility (9%) has been stable over the past year.
Market Performance
7 Day Return
-5.2%
REZI
2.3%
US Building
2.1%
US Market
1 Year Return
403.8%
REZI
102.6%
US Building
56.3%
US Market
Return vs Industry: REZI exceeded the US Building industry which returned 99.3% over the past year.
Return vs Market: REZI exceeded the US Market which returned 55.3% over the past year.
Shareholder returns
| REZI | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.2% | 2.3% | 2.1% |
| 30 Day | -10.9% | 4.8% | 2.4% |
| 90 Day | 18.9% | 14.4% | 6.1% |
| 1 Year | 403.8%403.8% | 105.3%102.6% | 59.1%56.3% |
| 3 Year | n/a | 90.2%75.1% | 65.7%55.1% |
| 5 Year | n/a | 139.4%107.7% | 122.3%97.6% |
Long-Term Price Volatility Vs. Market
How volatile is Resideo Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Resideo Technologies, Inc.'s (NYSE:REZI) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?3 weeks ago | Simply Wall St
The Executive VP of Resideo Technologies, Inc. (NYSE:REZI), Jeannine Lane, Just Sold 26% Of Their Holding1 month ago | Simply Wall St
Here's What To Make Of Resideo Technologies' (NYSE:REZI) Returns On CapitalValuation
Is Resideo Technologies undervalued compared to its fair value and its price relative to the market?
27.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: REZI ($28.06) is trading below our estimate of fair value ($38.74)
Significantly Below Fair Value: REZI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: REZI is poor value based on its PE Ratio (95.1x) compared to the US Building industry average (24.7x).
PE vs Market: REZI is poor value based on its PE Ratio (95.1x) compared to the US market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: REZI is poor value based on its PEG Ratio (2x)
Price to Book Ratio
PB vs Industry: REZI is good value based on its PB Ratio (2x) compared to the US Building industry average (3.1x).
Future Growth
How is Resideo Technologies forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
47.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: REZI's forecast earnings growth (47.1% per year) is above the savings rate (2%).
Earnings vs Market: REZI's earnings (47.1% per year) are forecast to grow faster than the US market (18.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: REZI's revenue (5.3% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: REZI's revenue (5.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: REZI's Return on Equity is forecast to be high in 3 years time (21.5%)
Past Performance
How has Resideo Technologies performed over the past 5 years?
4.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: REZI has a large one-off loss of $40.0M impacting its December 31 2020 financial results.
Growing Profit Margin: REZI's current net profit margins (0.7%) are higher than last year (0.7%).
Past Earnings Growth Analysis
Earnings Trend: REZI's earnings have grown by 4.2% per year over the past 5 years.
Accelerating Growth: REZI's earnings growth over the past year (5%) exceeds its 5-year average (4.2% per year).
Earnings vs Industry: REZI earnings growth over the past year (5%) underperformed the Building industry 26.5%.
Return on Equity
High ROE: REZI's Return on Equity (1.9%) is considered low.
Financial Health
How is Resideo Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: REZI's short term assets ($2.2B) exceed its short term liabilities ($1.5B).
Long Term Liabilities: REZI's short term assets ($2.2B) exceed its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: REZI's debt to equity ratio (58.3%) is considered high.
Reducing Debt: Insufficient data to determine if REZI's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: REZI's debt is well covered by operating cash flow (21%).
Interest Coverage: REZI's interest payments on its debt are well covered by EBIT (5.5x coverage).
Balance Sheet
Dividend
What is Resideo Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate REZI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate REZI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if REZI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if REZI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of REZI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.9yrs
Average management tenure
CEO
Jay Geldmacher (64 yo)
0.92
Tenure
Mr. Jay L. Geldmacher has been Chief Executive Officer, President and Director at Resideo Technologies, Inc. since May 28, 2020. Since September 2019, Mr. Geldmacher has served as President and CEO of Elec...
Leadership Team
Experienced Management: REZI's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Board Members
Experienced Board: REZI's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: REZI insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.4%.
Top Shareholders
Company Information
Resideo Technologies, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Resideo Technologies, Inc.
- Ticker: REZI
- Exchange: NYSE
- Founded: 2018
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: US$4.016b
- Shares outstanding: 143.14m
- Website: https://www.resideo.com
Number of Employees
Location
- Resideo Technologies, Inc.
- 901 East 6th Street
- Austin
- Texas
- 78702
- United States
Listings
Biography
Resideo Technologies, Inc. develops, manufactures, and sells comfort, residential thermal, and security solutions to the commercial and residential end markets in the United States, Europe, and internation...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/10 22:28 |
| End of Day Share Price | 2021/04/09 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.