REDFIN CORPORATION |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 5.62 USD | +8.49% |
|
+8.08% | -45.54% |
| Apr. 26 | The Dream of Fed Rate Cuts Is Slipping Away | DJ |
| Apr. 22 | CoStar to buy Matterport in $1.6 bln deal to boost digital real estate services | RE |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,950 | 7,024 | 4,049 | 461.1 | 1,189 | 671.4 | - | - |
| Enterprise Value (EV) 1 | 1,743 | 6,091 | 4,929 | 1,391 | 1,189 | 1,418 | 1,408 | 1,259 |
| P/E ratio | -24 x | -298 x | -34.3 x | -1.42 x | -8.9 x | -4.15 x | -5.87 x | -7.92 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 2.5 x | 7.93 x | 2.11 x | 0.2 x | 1.22 x | 0.64 x | 0.57 x | 0.51 x |
| EV / Revenue | 2.23 x | 6.87 x | 2.56 x | 0.61 x | 1.22 x | 1.36 x | 1.2 x | 0.95 x |
| EV / EBITDA | -41.3 x | 116 x | -592 x | -7.25 x | -15.6 x | -82.7 x | 34.3 x | 25.2 x |
| EV / FCF | -14.2 x | 131 x | -15 x | 73.4 x | - | -44.5 x | 66.4 x | 59.1 x |
| FCF Yield | -7.07% | 0.76% | -6.68% | 1.36% | - | -2.25% | 1.51% | 1.69% |
| Price to Book | 5.93 x | 10.8 x | 13.1 x | 7.27 x | - | -9.06 x | -5.25 x | - |
| Nbr of stocks (in thousands) | 92,261 | 102,344 | 105,481 | 108,749 | 115,242 | 119,471 | - | - |
| Reference price 2 | 21.14 | 68.63 | 38.39 | 4.240 | 10.32 | 5.620 | 5.620 | 5.620 |
| Announcement Date | 2/12/20 | 2/24/21 | 2/17/22 | 2/16/23 | 2/27/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 779.8 | 886.1 | 1,923 | 2,284 | 976.7 | 1,041 | 1,177 | 1,328 |
| EBITDA 1 | -42.2 | 52.33 | -8.325 | -191.9 | -76.37 | -17.15 | 41.04 | 49.91 |
| EBIT 1 | -79.25 | 0.792 | -110 | -363.3 | -218.1 | -137.5 | -88.04 | -63.41 |
| Operating Margin | -10.16% | 0.09% | -5.72% | -15.9% | -22.33% | -13.21% | -7.48% | -4.77% |
| Earnings before Tax (EBT) 1 | -80.8 | -18.53 | -121.1 | -322.6 | -130.1 | -160.8 | -112.9 | -83.82 |
| Net income 1 | -80.8 | -22.98 | -116.9 | -322.7 | -131.1 | -160.3 | -113.7 | -86.19 |
| Net margin | -10.36% | -2.59% | -6.08% | -14.13% | -13.42% | -15.4% | -9.65% | -6.49% |
| EPS 2 | -0.8800 | -0.2300 | -1.120 | -2.990 | -1.160 | -1.355 | -0.9577 | -0.7099 |
| Free Cash Flow 1 | -123.1 | 46.58 | -329.1 | 18.96 | - | -31.83 | 21.2 | 21.3 |
| FCF margin | -15.79% | 5.26% | -17.11% | 0.83% | - | -3.06% | 1.8% | 1.6% |
| FCF Conversion (EBITDA) | - | 89.02% | - | - | - | - | 51.66% | 42.67% |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Announcement Date | 2/12/20 | 2/24/21 | 2/17/22 | 2/16/23 | 2/27/24 | - | - | - |
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 | 540.1 | 643.1 | 597.3 | 606.9 | 600.5 | 479.7 | 325.7 | 275.6 | 269 | 218.1 | 217.8 | 284.6 | 290.4 | 248 | 242 |
| EBITDA 1 | 7.502 | 4.658 | -48.84 | -28.57 | -51.02 | -63.46 | -66.8 | -6.925 | 7.651 | -10.29 | -32.08 | 7.041 | 13.55 | -3.571 | -16.23 |
| EBIT 1 | -19.89 | -25.23 | -85.12 | -74.66 | -85.02 | -118.5 | -103.9 | -47.86 | -25.53 | -44.25 | -61.54 | -24.31 | -17.22 | -35.14 | -42.44 |
| Operating Margin | -3.68% | -3.92% | -14.25% | -12.3% | -14.16% | -24.71% | -31.91% | -17.37% | -9.49% | -20.29% | -28.26% | -8.54% | -5.93% | -14.17% | -17.54% |
| Earnings before Tax (EBT) 1 | -19.26 | -29 | -90.81 | -77.99 | -90.11 | -62.39 | -60.61 | -26.83 | -18.73 | -23.02 | -66.94 | -31.84 | -22.75 | -38.54 | -54.98 |
| Net income 1 | -18.95 | -28.4 | -91.6 | -78.5 | -90.52 | -62.09 | -61.02 | -27.66 | -19.31 | -23.11 | -67.39 | -30.12 | -22.98 | -39.51 | -55.88 |
| Net margin | -3.51% | -4.42% | -15.33% | -12.93% | -15.07% | -12.94% | -18.74% | -10.04% | -7.18% | -10.6% | -30.94% | -10.58% | -7.91% | -15.93% | -23.1% |
| EPS 2 | -0.2000 | -0.2700 | -0.8600 | -0.7300 | -0.8300 | -0.5700 | -0.5500 | -0.2500 | -0.1700 | -0.2000 | -0.5788 | -0.2589 | -0.1897 | -0.3343 | -0.4950 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/4/21 | 2/17/22 | 5/5/22 | 8/4/22 | 11/9/22 | 2/16/23 | 5/4/23 | 8/3/23 | 11/2/23 | 2/27/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 879 | 930 | - | 746 | 737 | 587 |
| Net Cash position 1 | 208 | 933 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | -105.6 x | -4.846 x | - | -43.52 x | 17.96 x | 11.77 x |
| Free Cash Flow 1 | -123 | 46.6 | -329 | 19 | - | -31.8 | 21.2 | 21.3 |
| ROE (net income / shareholders' equity) | -23% | -4.99% | -26% | -173% | - | - | - | - |
| ROA (Net income/ Total Assets) | - | -2.35% | - | - | - | -6.8% | -5.4% | - |
| Assets 1 | - | 978.4 | - | - | - | 2,358 | 2,105 | - |
| Book Value Per Share 2 | 3.560 | 6.350 | 2.930 | 0.5800 | - | -0.6200 | -1.070 | - |
| Cash Flow per Share 2 | -1.170 | 0.6200 | -2.880 | 0.3800 | - | 0.1000 | - | - |
| Capex 1 | 15.5 | 14.7 | 27.5 | 21.5 | - | 13.1 | 17.7 | 20 |
| Capex / Sales | 1.99% | 1.66% | 1.43% | 0.94% | - | 1.26% | 1.5% | 1.51% |
| Announcement Date | 2/12/20 | 2/24/21 | 2/17/22 | 2/16/23 | 2/27/24 | - | - | - |
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
C-
Sell
Buy
Mean consensus
HOLD
Number of Analysts
16
Last Close Price
5.62
USD
Average target price
6.712
USD
Spread / Average Target
+19.42%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -45.54% | 671M | |
| +1.26% | 8.22B | |
| -23.13% | 2.87B | |
| -27.26% | 2.1B | |
| +2.43% | 2.07B | |
| -52.23% | 1.48B | |
| +14.43% | 1.35B | |
| -19.36% | 1.33B | |
| -15.99% | 909M | |
| -36.13% | 575M |
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