Resideo Dividend Yield vs Free Cash Flow Yield Analysis

REZI Stock  USD 34.75  0.76  2.14%   
Resideo Technologies financial indicator trend analysis is much more than just breaking down Resideo Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Resideo Technologies is a good investment. Please check the relationship between Resideo Technologies Dividend Yield and its Free Cash Flow Yield accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Resideo Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more detail on how to invest in Resideo Stock please use our How to Invest in Resideo Technologies guide.

Dividend Yield vs Free Cash Flow Yield

Dividend Yield vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Resideo Technologies Dividend Yield account and Free Cash Flow Yield. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Resideo Technologies' Dividend Yield and Free Cash Flow Yield is -0.35. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Resideo Technologies, assuming nothing else is changed. The correlation between historical values of Resideo Technologies' Dividend Yield and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Resideo Technologies are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Dividend Yield i.e., Resideo Technologies' Dividend Yield and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.35
Relationship DirectionNegative 
Relationship StrengthInsignificant

Dividend Yield

Dividend Yield is Resideo Technologies dividend as a percentage of Resideo Technologies stock price. Resideo Technologies dividend yield is a measure of Resideo Technologies stock productivity, which can be interpreted as interest rate earned on an Resideo Technologies investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Most indicators from Resideo Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Resideo Technologies 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Resideo Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more detail on how to invest in Resideo Stock please use our How to Invest in Resideo Technologies guide.The Resideo Technologies' current Issuance Of Capital Stock is estimated to increase to about 582 M, while Tax Provision is projected to decrease to under 85.4 M.
 2023 2024 2025 2026 (projected)
Interest Expense65M81M93.2M97.8M
Depreciation And Amortization98M144M165.6M93.0M

Resideo Technologies fundamental ratios Correlations

0.930.830.920.840.440.64-0.340.770.10.750.790.860.890.820.560.860.940.84-0.710.820.920.830.780.830.96
0.930.930.970.940.380.69-0.50.80.160.840.910.870.980.850.450.870.970.91-0.740.920.990.920.840.930.88
0.830.930.90.990.010.85-0.70.770.50.920.980.890.850.850.60.890.920.76-0.81.00.950.970.971.00.84
0.920.970.90.930.330.74-0.460.760.130.840.890.850.940.910.470.850.980.89-0.80.910.960.940.850.920.86
0.840.940.990.930.070.85-0.670.740.410.930.990.870.890.880.560.870.940.84-0.850.990.950.960.950.990.8
0.440.380.010.330.07-0.320.390.25-0.76-0.050.00.140.50.12-0.270.140.30.530.11-0.010.320.05-0.150.010.32
0.640.690.850.740.85-0.32-0.670.580.630.80.850.790.570.740.720.790.750.52-0.90.880.710.840.910.880.66
-0.34-0.5-0.7-0.46-0.670.39-0.67-0.55-0.65-0.8-0.72-0.36-0.46-0.5-0.21-0.36-0.56-0.380.67-0.71-0.57-0.64-0.68-0.7-0.36
0.770.80.770.760.740.250.58-0.550.270.70.710.730.750.610.280.730.820.62-0.620.770.810.80.740.760.78
0.10.160.50.130.41-0.760.63-0.650.270.430.470.370.010.170.50.370.23-0.09-0.380.490.230.40.610.480.23
0.750.840.920.840.93-0.050.8-0.80.70.430.940.720.790.90.480.720.870.74-0.890.920.870.90.90.930.71
0.790.910.980.890.990.00.85-0.720.710.470.940.850.860.850.550.850.910.81-0.850.980.920.930.940.990.74
0.860.870.890.850.870.140.79-0.360.730.370.720.850.770.760.751.00.850.69-0.710.890.860.860.890.890.88
0.890.980.850.940.890.50.57-0.460.750.010.790.860.770.80.290.770.940.96-0.670.850.960.840.730.860.8
0.820.850.850.910.880.120.74-0.50.610.170.90.850.760.80.570.760.870.77-0.840.860.850.90.840.870.76
0.560.450.60.470.56-0.270.72-0.210.280.50.480.550.750.290.570.750.460.25-0.550.60.450.560.690.60.65
0.860.870.890.850.870.140.79-0.360.730.370.720.851.00.770.760.750.850.69-0.710.890.860.860.890.890.88
0.940.970.920.980.940.30.75-0.560.820.230.870.910.850.940.870.460.850.88-0.820.930.980.930.870.930.89
0.840.910.760.890.840.530.52-0.380.62-0.090.740.810.690.960.770.250.690.88-0.70.760.880.740.630.780.68
-0.71-0.74-0.8-0.8-0.850.11-0.90.67-0.62-0.38-0.89-0.85-0.71-0.67-0.84-0.55-0.71-0.82-0.7-0.84-0.74-0.8-0.82-0.84-0.64
0.820.921.00.910.99-0.010.88-0.710.770.490.920.980.890.850.860.60.890.930.76-0.840.940.970.981.00.83
0.920.990.950.960.950.320.71-0.570.810.230.870.920.860.960.850.450.860.980.88-0.740.940.940.870.940.89
0.830.920.970.940.960.050.84-0.640.80.40.90.930.860.840.90.560.860.930.74-0.80.970.940.960.970.84
0.780.840.970.850.95-0.150.91-0.680.740.610.90.940.890.730.840.690.890.870.63-0.820.980.870.960.970.81
0.830.931.00.920.990.010.88-0.70.760.480.930.990.890.860.870.60.890.930.78-0.841.00.940.970.970.82
0.960.880.840.860.80.320.66-0.360.780.230.710.740.880.80.760.650.880.890.68-0.640.830.890.840.810.82
Click cells to compare fundamentals

Resideo Technologies Account Relationship Matchups

Resideo Technologies fundamental ratios Accounts

202120222023202420252026 (projected)
Common Stock Shares Outstanding126.3M148.4M149M148M171.4M147.1M
Total Assets5.9B6.4B6.6B8.2B9.4B6.3B
Short Long Term Debt Total1.3B1.5B1.4B2.0B2.3B1.2B
Other Current Liab515M565M535M602M692.3M556.6M
Total Stockholder Equity2.3B2.5B2.7B3.3B3.8B2.6B
Other Liab763M817M887M742M853.3M792.2M
Net Tangible Assets(1.2B)(108M)176M(670M)(603M)(633.2M)
Property Plant And Equipment Net287M366M582M410M471.5M379.5M
Net Debt487M1.1B811M1.3B1.5B1.6B
Accounts Payable883M894M905M1.1B1.2B964.8M
Cash775M326M636M692M795.8M420.0M
Non Current Assets Total3.3B3.9B3.9B5.0B5.8B3.9B
Non Currrent Assets Other244M320M144M369M424.4M445.6M
Other Assets121M108M364M107M123.1M133.9M
Cash And Short Term Investments775M326M636M692M795.8M420.0M
Net Receivables876M1.0B973M1.0B1.2B967.6M
Good Will2.7B2.7B2.7B3.1B3.5B3.0B
Liabilities And Stockholders Equity5.9B6.4B6.6B8.2B9.4B6.3B
Non Current Liabilities Total2.1B2.3B2.4B3.1B3.6B2.1B
Inventory740M975M941M1.2B1.4B826.7M
Other Current Assets150M199M193M220M253M161.8M
Other Stockholder Equity2.1B2.1B2.1B2.2B2.5B1.8B
Total Liab3.6B3.9B3.9B4.9B5.6B3.7B
Property Plant And Equipment Gross1.1B1.0B1.1B1.0B1.2B695.1M
Total Current Assets2.5B2.5B2.7B3.2B3.6B2.4B
Accumulated Other Comprehensive Income(146M)(165M)(212M)(284M)(255.6M)(268.4M)
Non Current Liabilities Other302M328M366M443M509.5M328.4M
Short Term Debt7M42M49M51M45.9M43.6M
Intangible Assets120M475M461M1.2B1.4B1.4B
Property Plant Equipment453M318M287M366M420.9M353.6M
Net Invested Capital3.5B3.9B4.2B4.8B5.5B3.8B
Net Working Capital1.0B956M1.2B1.4B1.6B845.1M
Retained Earnings317M600M810M907M1.0B1.1B
Long Term Debt1.2B1.4B1.4B2.0B2.3B1.5B
Retained Earnings Total Equity38M75M317M600M690M724.5M
Long Term Debt Total1.2B1.2B1.2B1.4B1.6B1.3B
Capital Surpluse1.8B2.1B2.1B2.2B2.5B2.2B

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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:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Resideo Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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
11.143
Earnings Share
(4.54)
Revenue Per Share
50.152
Quarterly Revenue Growth
0.02
Return On Assets
0.0502
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.