Home Competitors

HD Stock  USD 371.91  1.32  0.35%   
Home Depot competes with Macys, Wayfair, 1StdibsCom, AutoNation, and Boqii Holding; as well as few others. The company is active under Specialty Retail sector as part of Consumer Discretionary industry. Analyzing Home Depot competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Home Depot to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Home Depot Correlation with its peers.
For information on how to trade Home Stock refer to our How to Trade Home Stock guide.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Home Depot competition on your existing holdings.
  
As of March 18, 2024, Return On Capital Employed is expected to decline to 0.39. In addition to that, Return On Assets is expected to decline to 0.18. At present, Home Depot's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 1.8 B, whereas Net Tangible Assets are projected to grow to (5 B).
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Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Home Depot's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Home Depot in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
371.23372.21373.19
Details
Intrinsic
Valuation
LowRealHigh
302.98303.96409.10
Details
36 Analysts
Consensus
LowTargetHigh
292.60321.54356.91
Details
Earnings
Estimates (0)
LowProjected EPSHigh
3.223.593.84
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Home Depot. Your research has to be compared to or analyzed against Home Depot's peers to derive any actionable benefits. When done correctly, Home Depot's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Home Depot.

Home Depot Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Home Depot and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Home and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Home Depot does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
  
High negative correlations   

Risk-Adjusted Indicators

There is a big difference between Home Stock performing well and Home Depot Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Home Depot's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Cross Equities Net Income Analysis

Compare Home Depot and related stocks such as Macys Inc, Wayfair, and 1StdibsCom Net Income Over Time
Select Fundamental
201020112012201320142015201620172018201920202021202220232024
M113 M1.3 B1.3 B1.5 B1.5 B1.1 B619 M1.5 B1.1 B564 M(3.9 B)1.4 B1.2 B105 M99.8 M
W(21.1 M)(21.1 M)(21.1 M)(15.5 M)(148.1 M)(77.4 M)(194.4 M)(244.6 M)(504.1 M)(984.6 M)185 M(131 M)(1.3 B)(738 M)(701.1 M)
DIBS(29.9 M)(29.9 M)(29.9 M)(29.9 M)(29.9 M)(29.9 M)(29.9 M)(29.9 M)(29.9 M)(29.9 M)(12.5 M)(21 M)(22.5 M)(22.7 M)(23.8 M)
AN(1.5 M)281.4 M316.4 M374.9 M418.7 M442.6 M430.5 M434.6 M396 M450 M381.6 M1.4 B1.4 BB1.1 B
BQ(234.2 M)(234.2 M)(234.2 M)(234.2 M)(234.2 M)(234.2 M)(234.2 M)(234.2 M)(234.2 M)(175.4 M)(192.5 M)(133.2 M)(105.9 M)(121.8 M)(127.9 M)
FL177 M278 M397 M429 M520 M541 M664 M284 M541 M491 M323 M893 M342 M(330 M)(313.5 M)

Home Depot and related stocks such as Macys Inc, Wayfair, and 1StdibsCom Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Home Depot financial statement analysis. It represents the amount of money remaining after all of Home Depot operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Home Depot Competitive Analysis

The better you understand Home Depot competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Home Depot's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Home Depot's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
HDMWDIBSANBQFLJDLE
 0.35 
 371.91 
Home
 0.24 
 21.24 
Macys
 1.18 
 60.23 
Wayfair
 0.85 
 5.95 
1StdibsCom
 0.16 
 158.85 
AutoNation
 4.00 
 0.26 
Boqii
 1.96 
 22.92 
Foot
 1.46 
 27.85 
JD
 6.51 
 8.04 
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(90 Days Market Risk)
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(Probability Of Bankruptcy)
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(Equity Enterprise Value)
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(Average Analysts Consensus)
Not Available
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(90 Days Macroaxis Advice)
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Home Depot Competition Performance Charts

Five steps to successful analysis of Home Depot Competition

Home Depot's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Home Depot in relation to its competition. Home Depot's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Home Depot in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Home Depot's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Home Depot, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Home Depot position

In addition to having Home Depot in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Companies that are involved in the building and marketing of online gaming-related products. The Online Gaming theme has 48 constituents at this time.
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When determining whether Home Depot is a strong investment it is important to analyze Home Depot's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Home Depot's future performance. For an informed investment choice regarding Home Stock, refer to the following important reports:
Check out Home Depot Correlation with its peers.
For information on how to trade Home Stock refer to our How to Trade Home Stock guide.
Note that the Home Depot information on this page should be used as a complementary analysis to other Home Depot's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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When running Home Depot's price analysis, check to measure Home Depot's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Home Depot is operating at the current time. Most of Home Depot's value examination focuses on studying past and present price action to predict the probability of Home Depot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Home Depot's price. Additionally, you may evaluate how the addition of Home Depot to your portfolios can decrease your overall portfolio volatility.
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Is Home Depot's industry 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 Home Depot. If investors know Home 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 Home Depot 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
(0.15)
Dividend Share
8.52
Earnings Share
15.12
Revenue Per Share
152.822
Quarterly Revenue Growth
(0.03)
The market value of Home Depot is measured differently than its book value, which is the value of Home that is recorded on the company's balance sheet. Investors also form their own opinion of Home Depot's value that differs from its market value or its book value, called intrinsic value, which is Home Depot's 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 Home Depot's market value can be influenced by many factors that don't directly affect Home Depot's 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 Home Depot's value and its price as these two are different measures arrived at by different means. Investors typically determine if Home Depot is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Home Depot's 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.