Resideo Technologies Intrinsic Value Calculation – AIG Sells 610 Shares of Resideo Technologies,
June 23, 2023
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American International Group Inc. (AIG) recently disposed of 610 shares of Resideo Technologies ($NYSE:REZI), Inc. Resideo Technologies is a leading provider of residential comfort, security, and energy solutions. The company designs and manufactures a range of products to control, monitor, and automate homes. Its portfolio includes thermostats, security and home automation solutions, water leak detection and prevention systems, air quality monitoring products, and more. The company is headquartered in Austin, Texas, and has sales offices in Europe and China.
Resideo Technologies is part of the Honeywell International Inc. portfolio of businesses. AIG’s divestment of Resideo shares is consistent with its strategy of streamlining its portfolio of investments and focusing on core businesses.
Share Price
On Thursday, AIG announced the sale of 610 shares of Resideo Technologies, Inc. stock. Resideo Technologies is a leading provider of connected home solutions and services for residential markets, focusing on innovative products and new technologies. The share opened at $17.6 and closed at the same price, down 0.6% from the previous closing price of $17.7. AIG’s decision to sell 610 shares of Resideo Technologies, Inc. stock may indicate that AIG is reducing its stake in the company and looking to diversify its portfolio. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Resideo Technologies. More…
| Total Revenues | Net Income | Net Margin |
| 6.41k | 253 | 4.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Resideo Technologies. More…
| Operations | Investing | Financing |
| 207 | -125 | -28 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Resideo Technologies. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 6.4k | 3.79k | 17.7 |
Key Ratios Snapshot
Some of the financial key ratios for Resideo Technologies are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 9.0% | 43.7% | 6.9% |
| FCF Margin | ROE | ROA |
| 1.9% | 10.8% | 4.3% |
Analysis – Resideo Technologies Intrinsic Value Calculation
At GoodWhale, we have conducted an analysis of RESIDEO TECHNOLOGIES‘ wellbeing and found that the intrinsic value of the company’s shares is $23.2. This was calculated using our proprietary Valuation Line. It appears that currently RESIDEO TECHNOLOGIES’ stock is traded at $17.6, which means it is undervalued by 24.1%. Our data suggests that investors should consider buying RESIDEO TECHNOLOGIES’ stock now, as it presents a great opportunity for growth. More…
Peers
George Risk Industries Inc, Oermester Vagyonvedelmi NyRt, and Aedge Group Ltd are all major competitors in the security industry. All four companies offer a wide range of products and services that cater to the needs of both residential and commercial customers.
– George Risk Industries Inc ($OTCPK:RSKIA)
Founded in 1954, George Risk Industries, Inc. is a leading designer and manufacturer of electronic components and assemblies, primarily for the automotive industry. The company’s products are used in a variety of applications, including electronic ignition, engine management, anti-theft, and security systems. George Risk Industries is a publicly traded company with a market capitalization of 49.31M as of 2022. The company has a strong history of profitability, with a return on equity of 7.05%. George Risk Industries is headquartered in Omaha, Nebraska, and has manufacturing facilities in the United States, Mexico, and China.
– Oermester Vagyonvedelmi NyRt ($LTS:0P31)
Oermester Vagyonvedelmi NyRt is a Hungarian company that provides security services. The company has a market cap of 2.55M as of 2022 and a Return on Equity of 15.67%. The company offers a range of security services, including armed security, event security, and VIP protection.
– Aedge Group Ltd ($SGX:XVG)
Aedge Group Ltd is a holding company that operates through its subsidiaries. The company’s businesses include investment holding, property development, and provision of management services. The company has a market cap of 28.09M as of 2022 and a return on equity of -6.22%. The company’s businesses are mainly based in Singapore and China.
Summary
Resideo Technologies, Inc., a global provider of residential comfort, security and care solutions, has recently seen American International Group Inc. (AIG) sell off 610 of its shares of the company. This suggests that AIG has reduced its exposure to Resideo, with investors likely taking note of the move. Investing analysis for Resideo should include factors such as its product portfolio of customer-centric solutions including connected home products, strong partnerships with leading companies, and its experienced leadership team.
Additionally, investors should consider Resideo’s financials and take into account the potential risks associated with the company’s operations. With a greater understanding of its business and potential opportunities, investors can make more informed decisions on whether to invest in the stock.
