Market Cap
US$4.6b
Last Updated
2021/02/24 23:59 UTC
Data Sources
Company Financials +
Executive Summary
frontdoor, inc. provides home service plans in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Slightly overvalued with limited growth.
Similar Companies
Share Price & News
How has frontdoor's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FTDR is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: FTDR's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-4.2%
FTDR
-4.8%
US Consumer Services
-1.4%
US Market
1 Year Return
17.9%
FTDR
36.6%
US Consumer Services
37.1%
US Market
Return vs Industry: FTDR underperformed the US Consumer Services industry which returned 36.4% over the past year.
Return vs Market: FTDR underperformed the US Market which returned 34.1% over the past year.
Shareholder returns
| FTDR | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.2% | -4.8% | -1.4% |
| 30 Day | -3.5% | 3.9% | 1.6% |
| 90 Day | 15.6% | 14.4% | 7.3% |
| 1 Year | 17.9%17.9% | 36.9%36.6% | 40.2%37.1% |
| 3 Year | n/a | 62.1%56.8% | 62.5%52.1% |
| 5 Year | n/a | 295.4%268.8% | 133.9%108.0% |
Long-Term Price Volatility Vs. Market
How volatile is frontdoor's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Is There An Opportunity With frontdoor, inc.'s (NASDAQ:FTDR) 35% Undervaluation?1 month ago | Simply Wall St
Investors Who Bought frontdoor (NASDAQ:FTDR) Shares A Year Ago Are Now Up 12%1 month ago | Simply Wall St
We're Watching These Trends At frontdoor (NASDAQ:FTDR)Valuation
Is frontdoor undervalued compared to its fair value and its price relative to the market?
41.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FTDR ($54) is trading below our estimate of fair value ($92.76)
Significantly Below Fair Value: FTDR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FTDR is poor value based on its PE Ratio (41.1x) compared to the US Consumer Services industry average (24.3x).
PE vs Market: FTDR is poor value based on its PE Ratio (41.1x) compared to the US market (21.5x).
Price to Earnings Growth Ratio
PEG Ratio: FTDR is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: FTDR has negative assets, so we can't compare its PB Ratio to the US Consumer Services industry average.
Next Steps
Future Growth
How is frontdoor forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
19.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FTDR's forecast earnings growth (19% per year) is above the savings rate (2%).
Earnings vs Market: FTDR's earnings (19% per year) are forecast to grow slower than the US market (20.4% per year).
High Growth Earnings: FTDR's earnings are forecast to grow, but not significantly.
Revenue vs Market: FTDR's revenue (10.4% per year) is forecast to grow slower than the US market (10.5% per year).
High Growth Revenue: FTDR's revenue (10.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FTDR's Return on Equity is forecast to be very high in 3 years time (49.6%).
Next Steps
Past Performance
How has frontdoor performed over the past 5 years?
0.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FTDR has high quality earnings.
Growing Profit Margin: FTDR's current net profit margins (7.6%) are lower than last year (11.2%).
Past Earnings Growth Analysis
Earnings Trend: FTDR's earnings have grown by 0.7% per year over the past 5 years.
Accelerating Growth: FTDR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FTDR had negative earnings growth (-26.8%) over the past year, making it difficult to compare to the Consumer Services industry average (12.1%).
Return on Equity
High ROE: FTDR's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Next Steps
Financial Health
How is frontdoor's financial position?
Financial Position Analysis
Short Term Liabilities: FTDR has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: FTDR has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: FTDR has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: FTDR's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: FTDR's debt is well covered by operating cash flow (20.5%).
Interest Coverage: FTDR's interest payments on its debt are well covered by EBIT (3.8x coverage).
Balance Sheet
Next Steps
Dividend
What is frontdoor current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FTDR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FTDR'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 FTDR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FTDR'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 FTDR'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?
2.2yrs
Average management tenure
CEO
Rex Tibbens (51 yo)
2.75yrs
Tenure
US$5,523,315
Compensation
Mr. Rexford J. Tibbens also known as Rex, has been President and Chief Executive Officer of frontdoor, inc. since May 15, 2018 and as its Director since September 2018. He was Chief Operating Officer of Ly...
CEO Compensation Analysis
Compensation vs Market: Rex's total compensation ($USD5.52M) is about average for companies of similar size in the US market ($USD4.96M).
Compensation vs Earnings: Rex's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.75yrs | US$5.52m | 0.036% $ 1.6m | |
| Senior VP & CFO | 2.58yrs | US$1.88m | 0.014% $ 665.1k | |
| Senior VP | 2.5yrs | US$1.73m | 0.0066% $ 304.6k | |
| Senior Vice President of Operations | 0.92yr | no data | no data | |
| VP, Chief Accounting Officer & Controller | no data | no data | 0.0042% $ 195.2k | |
| Senior VP & CTO | 2.08yrs | no data | no data | |
| VP of Investor Relations & Treasurer | no data | no data | no data | |
| Senior VP & Chief Marketing Officer | 0.92yr | no data | no data | |
| Senior VP & Chief People Officer | 1.92yrs | no data | no data | |
| Senior Vice President of Customer Experience | 2.33yrs | no data | no data | |
| Senior Vice President of Business Development | 2.33yrs | no data | no data | |
| Senior VP & GM of American Home Shield | 0.92yr | no data | no data |
2.2yrs
Average Tenure
51yo
Average Age
Experienced Management: FTDR's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.75yrs | US$5.52m | 0.036% $ 1.6m | |
| Independent Director | 2.33yrs | US$220.00k | 0.017% $ 763.0k | |
| Independent Director | 2.42yrs | US$200.00k | 0.0094% $ 434.8k | |
| Independent Chairman | no data | US$370.00k | no data | |
| Independent Director | 2.42yrs | US$200.00k | 0.0094% $ 434.8k | |
| Independent Director | 2.33yrs | US$210.00k | 0.025% $ 1.2m | |
| Independent Director | 2.33yrs | US$200.00k | 0.0092% $ 426.0k |
2.4yrs
Average Tenure
62yo
Average Age
Experienced Board: FTDR's board of directors are not considered experienced ( 2.4 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
frontdoor, inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: frontdoor, inc.
- Ticker: FTDR
- Exchange: NasdaqGS
- Founded: 1971
- Industry: Specialized Consumer Services
- Sector: Consumer Services
- Market Cap: US$4.616b
- Shares outstanding: 85.48m
- Website: https://www.frontdoorhome.com
Number of Employees
Location
- frontdoor, inc.
- 150 Peabody Place
- Suite 300
- Memphis
- Tennessee
- 38103
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FTDR | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Sep 2018 |
| 3I5 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Sep 2018 |
Biography
frontdoor, inc. provides home service plans in the United States. The company’s home service plans cover the repair or replacement of principal components of approximately 20 home systems and appliances, i...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/24 23:59 |
| End of Day Share Price | 2021/02/24 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.