Office Fundamentals

ODP
 Stock
  

USD 35.12  0.38  1.07%   

Office Depot fundamentals help investors to digest information that contributes to Office Depot's financial success or failures. It also enables traders to predict the movement of Office Stock. The fundamental analysis module provides a way to measure Office Depot's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Office Depot stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

Office Cash and Equivalents Analysis

Office Depot's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Cash 
 = 
Bank Deposits 
+  
Liquidities 
More About Cash and Equivalents | All Equity Analysis

Current Office Depot Cash and Equivalents

    
  557 M  
Most of Office Depot's fundamental indicators, such as Cash and Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Office Depot is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Compare to competition

In accordance with the recently published financial statements, Office Depot has 557 M in Cash and Equivalents. This is 27.92% lower than that of the Consumer Cyclical sector and 75.19% lower than that of the Specialty Retail industry. The cash and equivalents for all United States stocks is 79.39% higher than that of the company.

Office Depot Fundamental Drivers 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 number of shares shorted category among related companies. It is considered to be number one stock in earnings per share category among related companies . . 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 Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Office Depot's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Office Depot could also be used in its relative valuation, which is a method of valuing Office Depot by comparing valuation metrics of similar companies.
Office Depot is currently under evaluation in net income category among related companies.

Office Depot Institutional Holders

Institutional Holdings refers to the ownership stake in Office Depot that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Office Depot's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Office Depot's value.
Security TypeSharesValue
Blackrock IncCommon Shares7.1 M215.7 M
Hg Vora Capital Management LlcCommon SharesM151.2 M
Vanguard Group IncCommon Shares4.8 M144.2 M
Dimensional Fund Advisors LpCommon Shares3.1 M93.8 M
Lsv Asset ManagementCommon Shares1.9 M57.5 M
State Street CorpCommon Shares1.7 M52.7 M
Greenlight Capital IncCommon Shares1.7 M51.2 M

Office Fundamentals

About Office Depot Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Office Depot's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Office Depot using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Office Depot based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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.

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Our tools can tell you how much better you can do entering a position in Office Depot without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please check Office Depot Piotroski F Score and Office Depot Altman Z Score analysis. 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 Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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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.
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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.