Financials RE/MAX Holdings, Inc.

Equities

RMAX

US75524W1080

Real Estate Services

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
7.06 USD -2.08% Intraday chart for RE/MAX Holdings, Inc. -2.62% -47.04%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 686.5 674.2 576 340.1 243.1 133.1 - -
Enterprise Value (EV) 1 829.2 796.4 901.8 679.8 605.1 459.9 442.9 432.6
P/E ratio 27.5 x 60.6 x -36.3 x 71.7 x -3.5 x 19.3 x 21.2 x -
Yield 2.18% 2.42% 3.02% 4.94% 5.18% - 4.15% 6.52%
Capitalization / Revenue 2.43 x 2.53 x 1.75 x 0.96 x 0.75 x 0.43 x 0.42 x 0.4 x
EV / Revenue 2.94 x 2.99 x 2.74 x 1.92 x 1.86 x 1.47 x 1.39 x 1.31 x
EV / EBITDA 8.01 x 8.6 x 7.54 x 5.59 x 6.28 x 4.9 x 4.57 x 4.32 x
EV / FCF 12.6 x 12.5 x 33.2 x 11.4 x 26.7 x 11.6 x 4.45 x -
FCF Yield 7.93% 8.03% 3.02% 8.77% 3.74% 8.59% 22.5% -
Price to Book 1.38 x 1.29 x 1.13 x 0.69 x 0.59 x 0.3 x 0.29 x 0.27 x
Nbr of stocks (in thousands) 17,836 18,557 18,892 18,245 18,237 18,853 - -
Reference price 2 38.49 36.33 30.49 18.64 13.33 7.060 7.060 7.060
Announcement Date 2/20/20 2/25/21 2/23/22 2/16/23 2/22/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 282.3 266 329.7 353.4 325.7 311.9 319.4 329.5
EBITDA 1 103.5 92.56 119.7 121.6 96.29 93.83 96.84 100.2
EBIT 1 68.44 38.01 -9.931 38.21 -10.64 41.34 42.39 46.3
Operating Margin 24.24% 14.29% -3.01% 10.81% -3.27% 13.25% 13.27% 14.05%
Earnings before Tax (EBT) 1 57.76 29.12 -22.16 18.13 -41.54 10.17 13.09 20.81
Net income 1 25.04 10.96 -15.62 4.838 -69.02 6.605 7.217 -
Net margin 8.87% 4.12% -4.74% 1.37% -21.19% 2.12% 2.26% -
EPS 2 1.400 0.6000 -0.8400 0.2600 -3.810 0.3667 0.3333 -
Free Cash Flow 1 65.75 63.94 27.2 59.64 22.62 39.5 99.5 -
FCF margin 23.29% 24.04% 8.25% 16.88% 6.95% 12.66% 31.15% -
FCF Conversion (EBITDA) 63.52% 69.09% 22.73% 49.03% 23.49% 42.1% 102.75% -
FCF Conversion (Net income) 262.58% 583.22% - 1,232.78% - 598% 1,378.69% -
Dividend per Share 2 0.8400 0.8800 0.9200 0.9200 0.6900 - 0.2933 0.4600
Announcement Date 2/20/20 2/25/21 2/23/22 2/16/23 2/22/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 91 89.16 91 92.17 88.94 81.27 85.4 82.45 81.22 76.6 77.55 79.33 79.03 76.35 -
EBITDA 1 34.95 31.07 27.92 35.13 31.48 26.54 19.92 26.64 26.75 22.98 18.21 25.98 26.14 23.64 -
EBIT 1 -37.58 10.44 7.602 16.91 5.235 8.466 6.911 13.15 -21 -9.7 5.566 13.45 13.86 10.7 -
Operating Margin -41.29% 11.71% 8.35% 18.35% 5.89% 10.42% 8.09% 15.95% -25.85% -12.66% 7.18% 16.96% 17.54% 14.02% -
Earnings before Tax (EBT) 1 -41.57 6.625 4.15 12.88 -0.357 1.459 -0.287 5.666 -28.99 -17.93 -2.405 5.513 6.047 2.953 -
Net income 1 -25.15 3.109 1.451 5.829 0.14 -2.582 -0.671 2.01 -59.45 -10.91 -0.7743 2.774 2.89 1.716 -
Net margin -27.64% 3.49% 1.59% 6.32% 0.16% -3.18% -0.79% 2.44% -73.2% -14.24% -1% 3.5% 3.66% 2.25% -
EPS 2 -1.340 0.1600 0.0800 0.3000 0.0100 -0.1400 -0.0400 0.1100 -3.280 -0.6000 -0.0433 0.1500 0.1600 0.0825 -0.0400
Dividend per Share 2 0.2300 0.2300 0.2300 0.2300 0.2300 0.2300 0.2300 0.2300 0.2300 - - - - - -
Announcement Date 11/22/21 2/23/22 4/28/22 8/4/22 11/3/22 2/16/23 5/4/23 8/2/23 11/2/23 2/22/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 143 122 326 340 362 327 310 300
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.378 x 1.32 x 2.722 x 2.792 x 3.759 x 3.483 x 3.199 x 2.988 x
Free Cash Flow 1 65.7 63.9 27.2 59.6 22.6 39.5 99.5 -
ROE (net income / shareholders' equity) 5.12% 2.16% 14.8% 0.98% -15.5% 4.88% 5.28% 9.05%
ROA (Net income/ Total Assets) 5.16% 1.99% 11.5% 0.66% -10.8% 3.45% 4.4% 9.41%
Assets 1 485.4 549.9 -136.2 735.7 636.2 191.5 164 -
Book Value Per Share 2 28.00 28.10 27.00 26.90 22.50 23.50 24.70 26.00
Cash Flow per Share - - - - - - - -
Capex 1 - 6.9 15.2 11.5 5.64 5 5 -
Capex / Sales - 2.6% 4.62% 3.25% 1.73% 1.6% 1.57% -
Announcement Date 2/20/20 2/25/21 2/23/22 2/16/23 2/22/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
D+
More Ratings
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
6
Last Close Price
7.06 USD
Average target price
9.25 USD
Spread / Average Target
+31.02%
Consensus
  1. Stock Market
  2. Equities
  3. RMAX Stock
  4. Financials RE/MAX Holdings, Inc.