Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, office-supply retailer Office Depot (NYSE: ODP) has received the dreaded one-star ranking.

With that in mind, let's take a closer look at Office Depot's business and see what CAPS investors are saying about the stock right now.

Office Depot facts

Headquarters (founded) Boca Raton, Fla. (1986)
Market Cap $459.1 million
Industry Specialty stores
Trailing-12-Month Revenue $11.4 billion
Management Chairman/CEO Neil Austrian
CFO Michael Newman
Return on Equity (average, past 3 years) (10.4%)
Cash/Debt $488.8 million / $678.3 million
Competitors OfficeMax
Staples
Wal-Mart

Sources: S&P Capital IQ and Motley Fool CAPS.

On CAPS, 21% of the 617 members who have rated Office Depot believe the stock will underperform the S&P 500 going forward.

Just yesterday, one of those Fools, Kentexacan, succinctly summed up the Office Depot bear case for our community:

This is one of those dead business model shorts (Blockbuster comes to mind) that you could see coming from a mile away and. I kick myself for missing out on this one in real life. ...

Yes they are trading for near their cash value. But they are burning through cash at an incredible rate. ...

Advertising is theoretically supposed to drive revenue. I am not seeing this NASCAR sponsorship equating to driving the revenue line. Take a look at the sales numbers if you so desire.

Overall this is a dead long term business model. [A]s Bob Dylan Said "the times are a changing"

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Fool contributor Brian Pacampara owns no position in any of the companies mentioned. The Motley Fool owns shares of Staples. Motley Fool newsletter services have recommended buying shares of Staples. Try any of our Foolish newsletter services free for 30 days.

We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Fool's disclosure policy always gets a perfect score.