GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Frontdoor Inc (NAS:FTDR) » Definitions » Tangible Book per Share

Frontdoor (Frontdoor) Tangible Book per Share : $-6.49 (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Frontdoor Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Frontdoor's tangible book value per share for the quarter that ended in Dec. 2023 was $-6.49.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Frontdoor Tangible Book per Share Historical Data

The historical data trend for Frontdoor's Tangible Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Frontdoor Tangible Book per Share Chart

Frontdoor Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only -10.21 -8.69 -8.04 -7.24 -6.49

Frontdoor Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.24 -6.95 -6.40 -5.99 -6.49

Competitive Comparison of Frontdoor's Tangible Book per Share

For the Personal Services subindustry, Frontdoor's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Frontdoor's Price-to-Tangible-Book Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Frontdoor's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Frontdoor's Price-to-Tangible-Book falls into.



Frontdoor Tangible Book per Share Calculation

Frontdoor's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(137-0-646)/78.3785
=-6.49

Frontdoor's Tangible Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(137-0-646)/78.3785
=-6.49

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Frontdoor  (NAS:FTDR) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Frontdoor Tangible Book per Share Related Terms

Thank you for viewing the detailed overview of Frontdoor's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Frontdoor (Frontdoor) Business Description

Traded in Other Exchanges
Address
3400 Players Club Parkway, Memphis, TN, USA, 38125
Frontdoor Inc is a United States-based company that provides home service plans. It owns multiple home service brands including American Home Shield, HSA, OneGuard, and Landmark brands. Through its home service plans, the company helps its customers maintain their homes and protect against costly and unexpected breakdowns of essential home systems and appliances.
Executives
Jeffrey Fiarman officer: Sr VP, Gen Counsel & Secretary 150 PEABODY PLACE, MEMPHIS TN 38103
Lara Balazs director 3400 PLAYERS CLUB PARKWAY, STE. 300, MEMPHIS TN 38125
Balakrishnan A Ganesh director 3400 PLAYERS CLUB PARKWAY, STE. 300, MEMPHIS TN 38125
Jessica P Ross officer: SVP & CFO 3400 PLAYERS CLUB PARKWAY, STE. 300, MEMPHIS TN 38103
Anna C Catalano director 1313 NORTH MARKET STREET, WILMINGTON DE 19894
Peter L. Cella director 150 PEABODY PLACE, MEMPHIS TN 38103-3720
William C Cobb director H&R BLOCK, INC., ONE H&R BLOCK WAY, KANSAS CITY MO 64105
Christopher L Clipper director 150 PEABODY PLACE, MEMPHIS TN 38103
Darrin Steve Boland director 100 NORTH TRYON STREET, CHARLOTTE NC 28255
Chastitie Brim officer: Vice Pres, Controller & CAO 150 PEABODY PLACE, MEMPHIS TN 38103
Brian P Mcandrews director C/O PANDORA MEDIA, INC, 2101 WEBSTER STREET, #1650, OAKLAND CA 94612
Richard P Fox director
Liane J Pelletier director 10700 NE 4TH STREET # 4004, BELLEVUE WA 98004
Servicemaster Co, Llc 10 percent owner 860 RIDGE LAKE BOULEVARD, MEMPHIS TN 38120
Servicemaster Global Holdings Inc 10 percent owner 150 PEABODY PLACE, MEMPHIS TN 38103-3720

Frontdoor (Frontdoor) Headlines

From GuruFocus

Frontdoor Now Offering Huge Discount on New HVAC Systems

By Business Wire Business Wire 04-20-2023

Frontdoor Launches Its Reinvention of the Home Service Plan

By Business Wire Business Wire 06-06-2023

Frontdoor Surpasses One Million Downloads

By Business Wire 08-14-2023

American Home Shield Offers 30% Off Annual Plans

By Business Wire 09-21-2023

Frontdoor Now On Front Porches Nationwide

By Business Wire 06-22-2023

Frontdoor Partners With HGTV for 2023 Smart Home Sweepstakes

By Business Wire Business Wire 04-26-2023