Office Stock Financials

ODP
 Stock
  

USD 35.12  0.38  1.07%   

Financial data analysis helps to confirm if markets are presently mispricing Office Depot. We were able to break down thirty-seven available financial ratios for Office Depot, which can be compared to its competitors. To ensure the equity is not overpriced, please check all Office Depot financials, including its total debt, market capitalization, and the relationship between the gross profit and short ratio . Given that Office Depot has a price to earning of 10.47 X, we recommend you to check out Office Depot recent market performance to make sure the company can sustain itself down the road. Use Office Depot to protect your portfolios against small market fluctuations. Benchmarks are essential to demonstrate the utility of optimization algorithms. The stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Office Depot to be traded at $34.07 in 90 days.
  
With this module, you can analyze Office financials for your investing period. You should be able to track the changes in Office Depot individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past Office Depot Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Office Depot's financial statements are interrelated, with each one affecting the others. For example, an increase in Office Depot's assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Less than 31
Office Depot has less than 31 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Office Depot stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Office Depot's official financial statements usually reflect Office Depot's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Office Depot. For example, before you start analyzing numbers published by Office accountants, it's critical to develop an understanding of what Office Depot's liquidity, profitability, and earnings quality are in the context of the Consumer Cyclical space in which it operates.
Please note, the presentation of Office Depot's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Office Depot's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Office Depot's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Office Depot. Please utilize our Beneish M Score to check the likelihood of Office Depot's management to manipulate its earnings.

Office Depot Company Summary

Office Depot competes with Recruit Holdings, Technopro Holdings, Randstad Holdings, Hays Plc, and General Employment. The ODP Corporation provides business services and supplies, products, and digital workplace technology solutions for small, medium, and enterprise businesses. The ODP Corporation was incorporated in 1986 and is headquartered in Boca Raton, Florida. Office Depot operates under Specialty Retail classification in the United States and is traded on NASDAQ Exchange. It employs 26000 people.
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
Business Address6600 North Military
SectorConsumer Cyclical
IndustrySpecialty Retail
BenchmarkDOW
Websitewww.officedepot.com
Phone561 265 4406
CurrencyUSD - US Dollar
You should never invest in Office Depot without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Office Stock, because this is throwing your money away. Analyzing the key information contained in Office Depot's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Office Depot Key Financial Ratios

Generally speaking, Office Depot's financial ratios allow both analysts and investors to convert raw data from Office Depot's financial statements into concise, actionable information that can be used to evaluate the performance of Office Depot over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Office Depot reports annually and quarterly.

Office Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Office Depot's current stock value. Our valuation model uses many indicators to compare Office Depot value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Office Depot competition to find correlations between indicators driving Office Depot's intrinsic value. More Info.
Office Depot is considered to be number one stock in short ratio category among related companies. It is rated top company in revenue category among related companies totaling about  886,910,995  of Revenue per Short Ratio. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Office Depot by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Office Depot's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Office Depot's earnings, one of the primary drivers of an investment's value.

Office Depot Systematic Risk

Office Depot's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Office Depot volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was five with a total number of output elements of fifty-six. The Beta measures systematic risk based on how returns on Office Depot correlated with the market. If Beta is less than 0 Office Depot generally moves in the opposite direction as compared to the market. If Office Depot Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Office Depot is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Office Depot is generally in the same direction as the market. If Beta > 1 Office Depot moves generally in the same direction as, but more than the movement of the benchmark.
.

About Office Depot Financials

What exactly are Office Depot Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Office Depot's income statement, its balance sheet, and the statement of cash flows. Potential Office Depot investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Office Depot investors may use each financial statement separately, they are all related. The changes in Office Depot's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Office Depot's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Office Depot is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Office has grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Office Depot Thematic Clasifications

Office Depot is part of Aggressive Defence investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Small capitalization, high growth potential companies. Macroaxis small cap, aggressive-outlook picks designed for investors that are willing to accept higher levels of risk to hedge exposure to above-average market volatility
Aggressive Defence Idea
Aggressive DefenceView
This theme covers Small capitalization, high growth potential companies. Macroaxis small cap, aggressive-outlook picks designed for investors that are willing to accept higher levels of risk to hedge exposure to above-average market volatility. Get More Thematic Ideas

Office Depot September 25, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Office Depot help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Office Depot. We use our internally-developed statistical techniques to arrive at the intrinsic value of Office Depot based on widely used predictive technical indicators. In general, we focus on analyzing Office Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Office Depot's daily price indicators and compare them against related drivers.
Downside Deviation2.02
Information Ratio0.1485
Maximum Drawdown17.04
Value At Risk(3.26)
Potential Upside3.76
Please check Your Equity Center. Note that the Office Depot information on this page should be used as a complementary analysis to other Office 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary Tools for Office Stock analysis

When running Office Depot price analysis, check to measure Office 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 Office Depot is operating at the current time. Most of Office Depot's value examination focuses on studying past and present price action to predict the probability of Office Depot's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Office Depot's price. Additionally, you may evaluate how the addition of Office Depot to your portfolios can decrease your overall portfolio volatility.
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Go
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Is Office 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 Office Depot. If investors know Office 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 Office Depot listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Office Depot is measured differently than its book value, which is the value of Office that is recorded on the company's balance sheet. Investors also form their own opinion of Office Depot's value that differs from its market value or its book value, called intrinsic value, which is Office 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 Office Depot's market value can be influenced by many factors that don't directly affect Office 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 Office Depot's value and its price as these two are different measures arrived at by different means. Investors typically determine Office Depot value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Office 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.