View ValuationReal Matters 将来の成長Future 基準チェック /46Real Mattersは、112.3%と12.6%でそれぞれ年率112.3%で利益と収益が成長すると予測される一方、EPSはgrowで112%年率。主要情報112.3%収益成長率111.99%EPS成長率Real Estate 収益成長-1.8%収益成長率12.6%将来の株主資本利益率n/aアナリストカバレッジLow最終更新日03 Aug 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesBuy Or Sell Opportunity • Aug 04Now 20% overvaluedOver the last 90 days, the stock has fallen 20% to €2.92. The fair value is estimated to be €2.43, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Earnings per share has declined by 55%.Reported Earnings • Jul 31Third quarter 2026 earnings released: EPS: US$0.014 (vs US$0.065 loss in 3Q 2025)Third quarter 2026 results: EPS: US$0.014 (up from US$0.065 loss in 3Q 2025). Revenue: US$51.5m (up 13% from 3Q 2025). Net income: US$1.02m (up US$5.87m from 3Q 2025). Profit margin: 2.0% (up from net loss in 3Q 2025). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 11% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.お知らせ • Jun 30Real Matters Inc. to Report Q3, 2026 Results on Jul 30, 2026Real Matters Inc. announced that they will report Q3, 2026 results at 9:30 AM, US Eastern Standard Time on Jul 30, 2026お知らせ • Apr 01Real Matters Inc. to Report Q2, 2026 Results on May 01, 2026Real Matters Inc. announced that they will report Q2, 2026 results at 9:30 AM, US Eastern Standard Time on May 01, 2026お知らせ • Jan 06Real Matters Inc. to Report Q1, 2026 Results on Jan 29, 2026Real Matters Inc. announced that they will report Q1, 2026 results Pre-Market on Jan 29, 2026お知らせ • Nov 24Real Matters Inc., Annual General Meeting, Feb 05, 2026Real Matters Inc., Annual General Meeting, Feb 05, 2026.お知らせ • Oct 09Real Matters Inc. to Report Q4, 2025 Results on Nov 20, 2025Real Matters Inc. announced that they will report Q4, 2025 results Pre-Market on Nov 20, 2025お知らせ • Jun 26Real Matters Inc. to Report Q3, 2025 Results on Jul 31, 2025Real Matters Inc. announced that they will report Q3, 2025 results Pre-Market on Jul 31, 2025お知らせ • Jun 05Real Matters Appoints John Walsh to Its Board of Directors and Member of Compensation, Nomination, Governance and Sustainability Committee, Effective June 4, 2025Real Matters Inc. announced the appointment of John Walsh to its Board of Directors, effective June 4, 2025. Mr. Walsh will serve on the Company’s Compensation, Nomination, Governance and Sustainability Committee. Following the appointment of Mr. Walsh, the Board will comprise seven directors, six of whom are independent. John Walsh is a corporate director with more than four decades of experience in the mortgage, real estate and financial services industry, including leading technology and data firms. Mr. Walsh is currently a director and the former CEO of California-based LERETA LLC (2015 to 2025), a leading provider of real estate tax services. Prior to joining LERETA, Mr. Walsh was the CEO of DataQuick, a nationwide provider of real estate property information, analytics and mortgage settlement services from 2008 to 2015. Previously, he was president of Del Mar Database, a provider of technology solutions to residential lenders. He is also the former president of RF/Spectrum Decision Science Corp. and chairman and CEO at PureCarbon Inc. (now Workstream Inc.). Earlier in his career, Mr. Walsh held senior management positions at several mortgage companies and banks. Mr. Walsh was an independent director of DocuTech Inc. from 2013 to 2018, serving on its Compensation Committee. He holds a Master of Business Administration from Harvard Business School and a Bachelor of Science Degree from California Lutheran College. He is also a recipient of the PROGRESS in Lending Association Lending Luminary Award.お知らせ • Apr 02Real Matters Inc. to Report Q2, 2025 Results on Apr 30, 2025Real Matters Inc. announced that they will report Q2, 2025 results Pre-Market on Apr 30, 2025お知らせ • Dec 23Real Matters Inc. to Report Q1, 2025 Results on Jan 30, 2025Real Matters Inc. announced that they will report Q1, 2025 results Pre-Market on Jan 30, 2025お知らせ • Nov 21Real Matters Inc. Announces Board and Committee ChangesReal Matters Inc. announced that its founder and Chair, Jason Smith, will retire as Chair of Real Matters and from the Company’s Board of Directors at the Annual Meeting of shareholders in February 2025. Lead Independent Director and Audit Committee Chair Garry M. Foster will become Board Chair following the 2025 AGM. Mr. Foster has been a Director of Real Matters since 2016 and was appointed Lead Independent Director in 2020. Jason Smith was appointed Chair of Real Matters in November 2023 after serving as the Company’s Executive Chairman from 2020 to 2023, and its Chief Executive Officer and a Director since founding the Company in 2004. Under his leadership, Real Matters disrupted the North American appraisal industry and became one of the largest providers of residential real estate appraisals in the United States. Under Mr. Smith’s leadership, the Company raised more than $200 million as a private company and completed five acquisitions leading up to Real Matters’ initial public offering in May 2017.お知らせ • Nov 20Real Matters Inc., Annual General Meeting, Feb 06, 2025Real Matters Inc., Annual General Meeting, Feb 06, 2025.お知らせ • Oct 21Real Matters Inc. to Report Q4, 2024 Results on Nov 21, 2024Real Matters Inc. announced that they will report Q4, 2024 results Pre-Market on Nov 21, 2024Reported Earnings • Aug 02Third quarter 2024 earnings released: EPS: US$0.023 (vs US$0.009 loss in 3Q 2023)Third quarter 2024 results: EPS: US$0.023 (up from US$0.009 loss in 3Q 2023). Revenue: US$49.5m (up 7.7% from 3Q 2023). Net income: US$1.70m (up US$2.32m from 3Q 2023). Profit margin: 3.4% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 17% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.お知らせ • Jul 04Real Matters Inc. to Report Q3, 2024 Results on Aug 01, 2024Real Matters Inc. announced that they will report Q3, 2024 results Pre-Market on Aug 01, 2024お知らせ • May 08Real Matters Inc. Announces Changes to its BoardReal Matters Inc. announced that Lisa Melchior will be stepping down after serving on the Real Matters Board since 2017. The Company also announced the appointment of Kay Brekken to its Board of Directors. Ms. Brekken will succeed Ms. Melchior as a member of the Compensation, Nomination and Governance Committee. The changes are effective May 7, 2024. Kay Brekken is a Corporate Director with more than 25 years of North American financial leadership experience in a broad range of industries including real estate, retail, healthcare and financial services. Prior to her retirement, Ms. Brekken was Executive Vice President and Chief Financial Officer of First Capital Real Estate Investment Trust from 2014 to 2021. Prior to First Capital REIT, she was the Executive Vice President and Chief Financial Officer of Indigo Books & Music Inc. Ms. Brekken serves on the boards of Allied Properties REIT RATESDOTCA Group Ltd. and on the advisory board of the Rotman School of Management CFO Leadership Program. She is a Certified Public Accountant and she holds a Bachelor of Business Administration from the University of Minnesota, and a Master of Business Administration from the University of Washington.Reported Earnings • May 07Second quarter 2024 earnings released: EPS: US$0.028 (vs US$0.035 loss in 2Q 2023)Second quarter 2024 results: EPS: US$0.028 (up from US$0.035 loss in 2Q 2023). Revenue: US$42.2m (up 12% from 2Q 2023). Net income: US$2.07m (up US$4.65m from 2Q 2023). Profit margin: 4.9% (up from net loss in 2Q 2023). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 16% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.お知らせ • Apr 03Real Matters Inc. to Report Q2, 2024 Results on May 07, 2024Real Matters Inc. announced that they will report Q2, 2024 results Pre-Market on May 07, 2024Reported Earnings • Feb 02First quarter 2024 earnings released: US$0.049 loss per share (vs US$0.063 loss in 1Q 2023)First quarter 2024 results: US$0.049 loss per share (improved from US$0.063 loss in 1Q 2023). Revenue: US$35.4m (down 7.1% from 1Q 2023). Net loss: US$3.60m (loss narrowed 22% from 1Q 2023). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 14% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.お知らせ • Jan 09Real Matters Inc. to Report Q1, 2024 Results on Feb 01, 2024Real Matters Inc. announced that they will report Q1, 2024 results Pre-Market on Feb 01, 2024Board Change • Dec 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Independent Director Karen Martin was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.New Risk • Nov 20New major risk - Revenue and earnings growthEarnings have declined by 17% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 17% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change).Reported Earnings • Nov 19Full year 2023 earnings released: US$0.085 loss per share (vs US$0.12 loss in FY 2022)Full year 2023 results: US$0.085 loss per share (improved from US$0.12 loss in FY 2022). Revenue: US$163.9m (down 52% from FY 2022). Net loss: US$6.17m (loss narrowed 33% from FY 2022). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 14% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.お知らせ • Nov 18Real Matters Inc., Annual General Meeting, Feb 08, 2024Real Matters Inc., Annual General Meeting, Feb 08, 2024.New Risk • Nov 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.お知らせ • Oct 13Real Matters Inc. to Report Q4, 2023 Results on Nov 17, 2023Real Matters Inc. announced that they will report Q4, 2023 results Pre-Market on Nov 17, 2023Reported Earnings • Jul 29Third quarter 2023 earnings released: US$0.009 loss per share (vs US$0.019 loss in 3Q 2022)Third quarter 2023 results: US$0.009 loss per share (improved from US$0.019 loss in 3Q 2022). Revenue: US$46.0m (down 42% from 3Q 2022). Net loss: US$619.0k (loss narrowed 57% from 3Q 2022). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 13% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance.お知らせ • Jul 12Real Matters Inc. to Report Q3, 2023 Results on Jul 28, 2023Real Matters Inc. announced that they will report Q3, 2023 results Pre-Market on Jul 28, 2023Reported Earnings • Apr 30Second quarter 2023 earnings released: US$0.035 loss per share (vs US$0.007 loss in 2Q 2022)Second quarter 2023 results: US$0.035 loss per share (further deteriorated from US$0.007 loss in 2Q 2022). Revenue: US$37.6m (down 60% from 2Q 2022). Net loss: US$2.58m (loss widened 373% from 2Q 2022). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 35% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance.Reported Earnings • Jan 28First quarter 2023 earnings released: US$0.063 loss per share (vs US$0.034 profit in 1Q 2022)First quarter 2023 results: US$0.063 loss per share (down from US$0.034 profit in 1Q 2022). Revenue: US$38.2m (down 65% from 1Q 2022). Net loss: US$4.60m (down 272% from profit in 1Q 2022). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 13% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings.お知らせ • Jan 10Real Matters Inc. to Report Q1, 2023 Results on Jan 27, 2023Real Matters Inc. announced that they will report Q1, 2023 results at 9:30 AM, US Eastern Standard Time on Jan 27, 2023お知らせ • Nov 19Real Matters Inc., Annual General Meeting, Feb 01, 2023Real Matters Inc., Annual General Meeting, Feb 01, 2023.Reported Earnings • Nov 17Full year 2022 earnings released: US$0.12 loss per share (vs US$0.40 profit in FY 2021)Full year 2022 results: US$0.12 loss per share (down from US$0.40 profit in FY 2021). Revenue: US$339.6m (down 33% from FY 2021). Net loss: US$9.27m (down 128% from profit in FY 2021). Revenue is expected to fall by 2.6% p.a. on average during the next 2 years compared to a 13% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.Valuation Update With 7 Day Price Move • Aug 04Investor sentiment improved over the past weekAfter last week's 23% share price gain to €4.48, the stock trades at a forward P/E ratio of 135x. Average forward P/E is 8x in the Real Estate industry in Germany. Total loss to shareholders of 24% over the past three years.Reported Earnings • Jul 29Third quarter 2022 earnings released: US$0.009 loss per share (vs US$0.064 profit in 3Q 2021)Third quarter 2022 results: US$0.009 loss per share (down from US$0.064 profit in 3Q 2021). Revenue: US$78.7m (down 39% from 3Q 2021). Net loss: US$1.44m (down 127% from profit in 3Q 2021). Over the next year, revenue is expected to shrink by 15% compared to a 44% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Recent Insider Transactions • May 17Independent Director recently sold €1.0m worth of stockOn the 10th of May, William Holland sold around 300k shares on-market at roughly €3.39 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.1m more than they bought in the last 12 months.Reported Earnings • May 01Second quarter 2022 earnings released: US$0.007 loss per share (vs US$0.14 profit in 2Q 2021)Second quarter 2022 results: US$0.007 loss per share (down from US$0.14 profit in 2Q 2021). Revenue: US$95.0m (down 26% from 2Q 2021). Net loss: US$545.0k (down 105% from profit in 2Q 2021). Over the next year, revenue is expected to shrink by 20% compared to a 33% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Recent Insider Transactions • Mar 09Independent Director recently bought €373k worth of stockOn the 4th of March, William Holland bought around 100k shares on-market at roughly €3.73 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €670k more in shares than they bought in the last 12 months.Reported Earnings • Jan 29First quarter 2022 earnings: EPS in line with expectations, revenues disappointFirst quarter 2022 results: EPS: US$0.034 (down from US$0.084 in 1Q 2021). Revenue: US$107.8m (down 10% from 1Q 2021). Net income: US$2.67m (down 63% from 1Q 2021). Profit margin: 2.5% (down from 5.9% in 1Q 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.9%. Over the next year, revenue is expected to shrink by 8.9% compared to a 23% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Dec 17Independent Director recently bought €254k worth of stockOn the 14th of December, William Holland bought around 50k shares on-market at roughly €5.07 per share. In the last 3 months, they made an even bigger purchase worth €537k. Despite this recent purchase, insiders have collectively sold €1.9m more in shares than they bought in the last 12 months.Recent Insider Transactions • Dec 03Independent Director recently bought €537k worth of stockOn the 30th of November, William Holland bought around 100k shares on-market at roughly €5.37 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €2.3m more in shares than they bought in the last 12 months.Reported Earnings • Nov 20Full year 2021 earnings released: EPS US$0.40 (vs US$0.50 in FY 2020)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: US$504.1m (up 11% from FY 2020). Net income: US$33.0m (down 21% from FY 2020). Profit margin: 6.5% (down from 9.2% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Nov 19Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €5.35, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 11x in the Real Estate industry in Germany. Total returns to shareholders of 131% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €7.87 per share.Recent Insider Transactions • Aug 14Independent Director recently bought €441k worth of stockOn the 12th of August, William Holland bought around 52k shares on-market at roughly €8.43 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €4.5m more in shares than they bought in the last 12 months.Reported Earnings • Jul 31Third quarter 2021 earnings released: EPS US$0.064 (vs US$0.07 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: US$129.4m (up 9.6% from 3Q 2020). Net income: US$5.27m (down 11% from 3Q 2020). Profit margin: 4.1% (down from 5.0% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 29Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to US$8.50, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 12x in the Real Estate industry in Germany. Total returns to shareholders of 151% over the past three years.Recent Insider Transactions • Jun 03Founder & Executive Chairman recently sold €101k worth of stockOn the 27th of May, Jason Smith sold around 9k shares on-market at roughly €11.21 per share. In the last 3 months, they made an even bigger sale worth €175k. Jason has been a seller over the last 12 months, reducing personal holdings by €7.9m.Reported Earnings • May 01Second quarter 2021 earnings released: EPS US$0.14 (vs US$0.22 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: US$128.8m (up 18% from 2Q 2020). Net income: US$11.5m (down 38% from 2Q 2020). Profit margin: 9.0% (down from 17% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 29Real Matters Inc. (TSX:REAL) announces an Equity Buyback for 4,000,000 shares, for $56 million.Real Matters Inc. (TSX:REAL) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 4,000,000 shares, for an aggregate purchase price not to exceed $56 million. The bid is subject to the approval of the Toronto Stock Exchange. The company will use the bid in conjunction with its capital allocation strategy. All the repurchased shares will be cancelled. The bid will expire on June 10, 2022.Is New 90 Day High Low • Mar 06New 90-day low: €9.75The company is down 17% from its price of €11.70 on 04 December 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €13.82 per share.Recent Insider Transactions • Feb 25Founder & Executive Chairman recently sold €133k worth of stockOn the 19th of February, Jason Smith sold around 12k shares on-market at roughly €11.11 per share. In the last 3 months, they made an even bigger sale worth €194k. Jason has been a seller over the last 12 months, reducing personal holdings by €5.7m.Reported Earnings • Jan 30First quarter 2021 earnings released: EPS US$0.084 (vs US$0.059 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$120.3m (up 16% from 1Q 2020). Net income: US$7.12m (up 42% from 1Q 2020). Profit margin: 5.9% (up from 4.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Analyst Estimate Surprise Post Earnings • Jan 30Revenue beats expectationsRevenue exceeded analyst estimates by 13%. Over the next year, revenue is forecast to grow 22% compared to a 32% decline forecast for the Real Estate industry in Germany.Is New 90 Day High Low • Jan 29New 90-day low: €10.20The company is down 33% from its price of €15.30 on 30 October 2020. The German market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €13.10 per share.Recent Insider Transactions • Jan 24Founder & Executive Chairman recently sold €186k worth of stockOn the 15th of January, Jason Smith sold around 15k shares on-market at roughly €12.39 per share. In the last 3 months, they made an even bigger sale worth €241k. Jason has been a seller over the last 12 months, reducing personal holdings by €5.1m.Recent Insider Transactions • Jan 17Founder & Executive Chairman recently sold €189k worth of stockOn the 8th of January, Jason Smith sold around 15k shares on-market at roughly €12.62 per share. In the last 3 months, they made an even bigger sale worth €248k. Jason has been a seller over the last 12 months, reducing personal holdings by €4.9m.Recent Insider Transactions • Jan 10Founder & Executive Chairman recently sold €189k worth of stockOn the 8th of January, Jason Smith sold around 15k shares on-market at roughly €12.62 per share. In the last 3 months, they made an even bigger sale worth €248k. Jason has been a seller over the last 12 months, reducing personal holdings by €4.7m.お知らせ • Nov 28Real Matters Inc., Annual General Meeting, Feb 04, 2021Real Matters Inc., Annual General Meeting, Feb 04, 2021.Valuation Update With 7 Day Price Move • Nov 27Market pulls back on stock over the past weekAfter last week's 23% share price decline to US$12.80, the stock is trading at a trailing P/E ratio of 31.8x, down from the previous P/E ratio of 41.5x. This compares to an average P/E of 12x in the Real Estate industry in Germany. Total returns to shareholders over the past three years are 121%.Is New 90 Day High Low • Nov 24New 90-day low: €13.00The company is down 28% from its price of €18.10 on 25 August 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.87 per share.Analyst Estimate Surprise Post Earnings • Nov 21Revenue misses expectationsRevenue missed analyst estimates by 0.08%. Over the next year, revenue is forecast to grow 22% compared to a 32% decline forecast for the Real Estate industry in Germany.Reported Earnings • Nov 21Full year 2020 earnings released: EPS US$0.50The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$455.9m (up 41% from FY 2019). Net income: US$42.0m (up 369% from FY 2019). Profit margin: 9.2% (up from 2.8% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 128% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 21+ 1 more updateReal Matters Inc. Appoints Brian Lang as Chief Executive OfficerReal Matters Inc. announced that it has appointed Brian Lang as Chief Executive Officer of the Company, effective November 20, 2020.Recent Insider Transactions • Oct 06Founder recently sold €246k worth of stockOn the 2nd of October, Jason Smith sold around 15k shares on-market at roughly €16.38 per share. In the last 3 months, there was an even bigger sale from another insider worth €5.4m. Jason has been a seller over the last 12 months, reducing personal holdings by €2.2m.お知らせ • Oct 02Real Matters Inc. to Report Q4, 2020 Results on Nov 20, 2020Real Matters Inc. announced that they will report Q4, 2020 results at 9:00 AM, Eastern Standard Time on Nov 20, 2020業績と収益の成長予測DB:R3E - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数9/30/20282349N/A1519/30/2027233134559/30/2026196-1-2-156/30/2026191-19-3-1N/A3/31/2026185-25-5-3N/A12/31/2025175-28-6-5N/A9/30/2025170-23-8-7N/A6/30/2025169-512N/A3/31/2025173212N/A12/31/2024178644N/A9/30/2024173055N/A6/30/20241692-2-1N/A3/31/2024166-123N/A12/31/2023161-500N/A9/30/2023164-6-4-3N/A6/30/2023180-18-8-7N/A3/31/2023213-19-13-12N/A12/31/2022270-17-3-2N/A9/30/2022340-91718N/A6/30/2022407101615N/A3/31/2022458162625N/A12/31/2021492293736N/A9/30/2021504332425N/A6/30/2021503364851N/A3/31/2021492375963N/A12/31/2020472446468N/A9/30/2020456427375N/A6/30/2020439377273N/A3/31/202041235N/A58N/A12/31/201936610N/A33N/A9/30/20193239N/A26N/A6/30/2019283-1N/A11N/A3/31/2019265-5N/A8N/A12/31/20182685N/A10N/A9/30/2018281-5N/A10N/A6/30/2018296-6N/A5N/A3/31/2018300-15N/A7N/A12/31/2017298-27N/A4N/A9/30/2017303-24N/A-9N/A6/30/2017301-19N/A-1N/A3/31/2017301-11N/A-1N/A12/31/2016283-8N/A0N/A9/30/2016249-6N/A4N/A9/30/2015170-5N/A7N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: R3Eは今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 2.1% ) よりも高い成長率であると考えられます。収益対市場: R3E今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。高成長収益: R3E今後 3 年以内に収益を上げることが予想されます。収益対市場: R3Eの収益 ( 12.6% ) German市場 ( 6.2% ) よりも速いペースで成長すると予測されています。高い収益成長: R3Eの収益 ( 12.6% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: R3Eの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YReal-estate-management-and-development 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/07 13:13終値2026/08/07 00:00収益2026/06/30年間収益2025/09/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Real Matters Inc. 5 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。11 アナリスト機関Gavin FairweatherATB CormarkMartin TonerATB CormarkThanos MoschopoulosBMO Capital Markets Equity Research8 その他のアナリストを表示
Buy Or Sell Opportunity • Aug 04Now 20% overvaluedOver the last 90 days, the stock has fallen 20% to €2.92. The fair value is estimated to be €2.43, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Earnings per share has declined by 55%.
Reported Earnings • Jul 31Third quarter 2026 earnings released: EPS: US$0.014 (vs US$0.065 loss in 3Q 2025)Third quarter 2026 results: EPS: US$0.014 (up from US$0.065 loss in 3Q 2025). Revenue: US$51.5m (up 13% from 3Q 2025). Net income: US$1.02m (up US$5.87m from 3Q 2025). Profit margin: 2.0% (up from net loss in 3Q 2025). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 11% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
お知らせ • Jun 30Real Matters Inc. to Report Q3, 2026 Results on Jul 30, 2026Real Matters Inc. announced that they will report Q3, 2026 results at 9:30 AM, US Eastern Standard Time on Jul 30, 2026
お知らせ • Apr 01Real Matters Inc. to Report Q2, 2026 Results on May 01, 2026Real Matters Inc. announced that they will report Q2, 2026 results at 9:30 AM, US Eastern Standard Time on May 01, 2026
お知らせ • Jan 06Real Matters Inc. to Report Q1, 2026 Results on Jan 29, 2026Real Matters Inc. announced that they will report Q1, 2026 results Pre-Market on Jan 29, 2026
お知らせ • Nov 24Real Matters Inc., Annual General Meeting, Feb 05, 2026Real Matters Inc., Annual General Meeting, Feb 05, 2026.
お知らせ • Oct 09Real Matters Inc. to Report Q4, 2025 Results on Nov 20, 2025Real Matters Inc. announced that they will report Q4, 2025 results Pre-Market on Nov 20, 2025
お知らせ • Jun 26Real Matters Inc. to Report Q3, 2025 Results on Jul 31, 2025Real Matters Inc. announced that they will report Q3, 2025 results Pre-Market on Jul 31, 2025
お知らせ • Jun 05Real Matters Appoints John Walsh to Its Board of Directors and Member of Compensation, Nomination, Governance and Sustainability Committee, Effective June 4, 2025Real Matters Inc. announced the appointment of John Walsh to its Board of Directors, effective June 4, 2025. Mr. Walsh will serve on the Company’s Compensation, Nomination, Governance and Sustainability Committee. Following the appointment of Mr. Walsh, the Board will comprise seven directors, six of whom are independent. John Walsh is a corporate director with more than four decades of experience in the mortgage, real estate and financial services industry, including leading technology and data firms. Mr. Walsh is currently a director and the former CEO of California-based LERETA LLC (2015 to 2025), a leading provider of real estate tax services. Prior to joining LERETA, Mr. Walsh was the CEO of DataQuick, a nationwide provider of real estate property information, analytics and mortgage settlement services from 2008 to 2015. Previously, he was president of Del Mar Database, a provider of technology solutions to residential lenders. He is also the former president of RF/Spectrum Decision Science Corp. and chairman and CEO at PureCarbon Inc. (now Workstream Inc.). Earlier in his career, Mr. Walsh held senior management positions at several mortgage companies and banks. Mr. Walsh was an independent director of DocuTech Inc. from 2013 to 2018, serving on its Compensation Committee. He holds a Master of Business Administration from Harvard Business School and a Bachelor of Science Degree from California Lutheran College. He is also a recipient of the PROGRESS in Lending Association Lending Luminary Award.
お知らせ • Apr 02Real Matters Inc. to Report Q2, 2025 Results on Apr 30, 2025Real Matters Inc. announced that they will report Q2, 2025 results Pre-Market on Apr 30, 2025
お知らせ • Dec 23Real Matters Inc. to Report Q1, 2025 Results on Jan 30, 2025Real Matters Inc. announced that they will report Q1, 2025 results Pre-Market on Jan 30, 2025
お知らせ • Nov 21Real Matters Inc. Announces Board and Committee ChangesReal Matters Inc. announced that its founder and Chair, Jason Smith, will retire as Chair of Real Matters and from the Company’s Board of Directors at the Annual Meeting of shareholders in February 2025. Lead Independent Director and Audit Committee Chair Garry M. Foster will become Board Chair following the 2025 AGM. Mr. Foster has been a Director of Real Matters since 2016 and was appointed Lead Independent Director in 2020. Jason Smith was appointed Chair of Real Matters in November 2023 after serving as the Company’s Executive Chairman from 2020 to 2023, and its Chief Executive Officer and a Director since founding the Company in 2004. Under his leadership, Real Matters disrupted the North American appraisal industry and became one of the largest providers of residential real estate appraisals in the United States. Under Mr. Smith’s leadership, the Company raised more than $200 million as a private company and completed five acquisitions leading up to Real Matters’ initial public offering in May 2017.
お知らせ • Nov 20Real Matters Inc., Annual General Meeting, Feb 06, 2025Real Matters Inc., Annual General Meeting, Feb 06, 2025.
お知らせ • Oct 21Real Matters Inc. to Report Q4, 2024 Results on Nov 21, 2024Real Matters Inc. announced that they will report Q4, 2024 results Pre-Market on Nov 21, 2024
Reported Earnings • Aug 02Third quarter 2024 earnings released: EPS: US$0.023 (vs US$0.009 loss in 3Q 2023)Third quarter 2024 results: EPS: US$0.023 (up from US$0.009 loss in 3Q 2023). Revenue: US$49.5m (up 7.7% from 3Q 2023). Net income: US$1.70m (up US$2.32m from 3Q 2023). Profit margin: 3.4% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 17% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
お知らせ • Jul 04Real Matters Inc. to Report Q3, 2024 Results on Aug 01, 2024Real Matters Inc. announced that they will report Q3, 2024 results Pre-Market on Aug 01, 2024
お知らせ • May 08Real Matters Inc. Announces Changes to its BoardReal Matters Inc. announced that Lisa Melchior will be stepping down after serving on the Real Matters Board since 2017. The Company also announced the appointment of Kay Brekken to its Board of Directors. Ms. Brekken will succeed Ms. Melchior as a member of the Compensation, Nomination and Governance Committee. The changes are effective May 7, 2024. Kay Brekken is a Corporate Director with more than 25 years of North American financial leadership experience in a broad range of industries including real estate, retail, healthcare and financial services. Prior to her retirement, Ms. Brekken was Executive Vice President and Chief Financial Officer of First Capital Real Estate Investment Trust from 2014 to 2021. Prior to First Capital REIT, she was the Executive Vice President and Chief Financial Officer of Indigo Books & Music Inc. Ms. Brekken serves on the boards of Allied Properties REIT RATESDOTCA Group Ltd. and on the advisory board of the Rotman School of Management CFO Leadership Program. She is a Certified Public Accountant and she holds a Bachelor of Business Administration from the University of Minnesota, and a Master of Business Administration from the University of Washington.
Reported Earnings • May 07Second quarter 2024 earnings released: EPS: US$0.028 (vs US$0.035 loss in 2Q 2023)Second quarter 2024 results: EPS: US$0.028 (up from US$0.035 loss in 2Q 2023). Revenue: US$42.2m (up 12% from 2Q 2023). Net income: US$2.07m (up US$4.65m from 2Q 2023). Profit margin: 4.9% (up from net loss in 2Q 2023). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 16% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 03Real Matters Inc. to Report Q2, 2024 Results on May 07, 2024Real Matters Inc. announced that they will report Q2, 2024 results Pre-Market on May 07, 2024
Reported Earnings • Feb 02First quarter 2024 earnings released: US$0.049 loss per share (vs US$0.063 loss in 1Q 2023)First quarter 2024 results: US$0.049 loss per share (improved from US$0.063 loss in 1Q 2023). Revenue: US$35.4m (down 7.1% from 1Q 2023). Net loss: US$3.60m (loss narrowed 22% from 1Q 2023). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 14% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.
お知らせ • Jan 09Real Matters Inc. to Report Q1, 2024 Results on Feb 01, 2024Real Matters Inc. announced that they will report Q1, 2024 results Pre-Market on Feb 01, 2024
Board Change • Dec 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Independent Director Karen Martin was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
New Risk • Nov 20New major risk - Revenue and earnings growthEarnings have declined by 17% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 17% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change).
Reported Earnings • Nov 19Full year 2023 earnings released: US$0.085 loss per share (vs US$0.12 loss in FY 2022)Full year 2023 results: US$0.085 loss per share (improved from US$0.12 loss in FY 2022). Revenue: US$163.9m (down 52% from FY 2022). Net loss: US$6.17m (loss narrowed 33% from FY 2022). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 14% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.
お知らせ • Nov 18Real Matters Inc., Annual General Meeting, Feb 08, 2024Real Matters Inc., Annual General Meeting, Feb 08, 2024.
New Risk • Nov 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
お知らせ • Oct 13Real Matters Inc. to Report Q4, 2023 Results on Nov 17, 2023Real Matters Inc. announced that they will report Q4, 2023 results Pre-Market on Nov 17, 2023
Reported Earnings • Jul 29Third quarter 2023 earnings released: US$0.009 loss per share (vs US$0.019 loss in 3Q 2022)Third quarter 2023 results: US$0.009 loss per share (improved from US$0.019 loss in 3Q 2022). Revenue: US$46.0m (down 42% from 3Q 2022). Net loss: US$619.0k (loss narrowed 57% from 3Q 2022). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 13% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance.
お知らせ • Jul 12Real Matters Inc. to Report Q3, 2023 Results on Jul 28, 2023Real Matters Inc. announced that they will report Q3, 2023 results Pre-Market on Jul 28, 2023
Reported Earnings • Apr 30Second quarter 2023 earnings released: US$0.035 loss per share (vs US$0.007 loss in 2Q 2022)Second quarter 2023 results: US$0.035 loss per share (further deteriorated from US$0.007 loss in 2Q 2022). Revenue: US$37.6m (down 60% from 2Q 2022). Net loss: US$2.58m (loss widened 373% from 2Q 2022). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 35% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jan 28First quarter 2023 earnings released: US$0.063 loss per share (vs US$0.034 profit in 1Q 2022)First quarter 2023 results: US$0.063 loss per share (down from US$0.034 profit in 1Q 2022). Revenue: US$38.2m (down 65% from 1Q 2022). Net loss: US$4.60m (down 272% from profit in 1Q 2022). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 13% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings.
お知らせ • Jan 10Real Matters Inc. to Report Q1, 2023 Results on Jan 27, 2023Real Matters Inc. announced that they will report Q1, 2023 results at 9:30 AM, US Eastern Standard Time on Jan 27, 2023
お知らせ • Nov 19Real Matters Inc., Annual General Meeting, Feb 01, 2023Real Matters Inc., Annual General Meeting, Feb 01, 2023.
Reported Earnings • Nov 17Full year 2022 earnings released: US$0.12 loss per share (vs US$0.40 profit in FY 2021)Full year 2022 results: US$0.12 loss per share (down from US$0.40 profit in FY 2021). Revenue: US$339.6m (down 33% from FY 2021). Net loss: US$9.27m (down 128% from profit in FY 2021). Revenue is expected to fall by 2.6% p.a. on average during the next 2 years compared to a 13% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.
Valuation Update With 7 Day Price Move • Aug 04Investor sentiment improved over the past weekAfter last week's 23% share price gain to €4.48, the stock trades at a forward P/E ratio of 135x. Average forward P/E is 8x in the Real Estate industry in Germany. Total loss to shareholders of 24% over the past three years.
Reported Earnings • Jul 29Third quarter 2022 earnings released: US$0.009 loss per share (vs US$0.064 profit in 3Q 2021)Third quarter 2022 results: US$0.009 loss per share (down from US$0.064 profit in 3Q 2021). Revenue: US$78.7m (down 39% from 3Q 2021). Net loss: US$1.44m (down 127% from profit in 3Q 2021). Over the next year, revenue is expected to shrink by 15% compared to a 44% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Recent Insider Transactions • May 17Independent Director recently sold €1.0m worth of stockOn the 10th of May, William Holland sold around 300k shares on-market at roughly €3.39 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.1m more than they bought in the last 12 months.
Reported Earnings • May 01Second quarter 2022 earnings released: US$0.007 loss per share (vs US$0.14 profit in 2Q 2021)Second quarter 2022 results: US$0.007 loss per share (down from US$0.14 profit in 2Q 2021). Revenue: US$95.0m (down 26% from 2Q 2021). Net loss: US$545.0k (down 105% from profit in 2Q 2021). Over the next year, revenue is expected to shrink by 20% compared to a 33% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Recent Insider Transactions • Mar 09Independent Director recently bought €373k worth of stockOn the 4th of March, William Holland bought around 100k shares on-market at roughly €3.73 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €670k more in shares than they bought in the last 12 months.
Reported Earnings • Jan 29First quarter 2022 earnings: EPS in line with expectations, revenues disappointFirst quarter 2022 results: EPS: US$0.034 (down from US$0.084 in 1Q 2021). Revenue: US$107.8m (down 10% from 1Q 2021). Net income: US$2.67m (down 63% from 1Q 2021). Profit margin: 2.5% (down from 5.9% in 1Q 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.9%. Over the next year, revenue is expected to shrink by 8.9% compared to a 23% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Dec 17Independent Director recently bought €254k worth of stockOn the 14th of December, William Holland bought around 50k shares on-market at roughly €5.07 per share. In the last 3 months, they made an even bigger purchase worth €537k. Despite this recent purchase, insiders have collectively sold €1.9m more in shares than they bought in the last 12 months.
Recent Insider Transactions • Dec 03Independent Director recently bought €537k worth of stockOn the 30th of November, William Holland bought around 100k shares on-market at roughly €5.37 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €2.3m more in shares than they bought in the last 12 months.
Reported Earnings • Nov 20Full year 2021 earnings released: EPS US$0.40 (vs US$0.50 in FY 2020)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: US$504.1m (up 11% from FY 2020). Net income: US$33.0m (down 21% from FY 2020). Profit margin: 6.5% (down from 9.2% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Nov 19Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €5.35, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 11x in the Real Estate industry in Germany. Total returns to shareholders of 131% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €7.87 per share.
Recent Insider Transactions • Aug 14Independent Director recently bought €441k worth of stockOn the 12th of August, William Holland bought around 52k shares on-market at roughly €8.43 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €4.5m more in shares than they bought in the last 12 months.
Reported Earnings • Jul 31Third quarter 2021 earnings released: EPS US$0.064 (vs US$0.07 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: US$129.4m (up 9.6% from 3Q 2020). Net income: US$5.27m (down 11% from 3Q 2020). Profit margin: 4.1% (down from 5.0% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 29Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to US$8.50, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 12x in the Real Estate industry in Germany. Total returns to shareholders of 151% over the past three years.
Recent Insider Transactions • Jun 03Founder & Executive Chairman recently sold €101k worth of stockOn the 27th of May, Jason Smith sold around 9k shares on-market at roughly €11.21 per share. In the last 3 months, they made an even bigger sale worth €175k. Jason has been a seller over the last 12 months, reducing personal holdings by €7.9m.
Reported Earnings • May 01Second quarter 2021 earnings released: EPS US$0.14 (vs US$0.22 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: US$128.8m (up 18% from 2Q 2020). Net income: US$11.5m (down 38% from 2Q 2020). Profit margin: 9.0% (down from 17% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 29Real Matters Inc. (TSX:REAL) announces an Equity Buyback for 4,000,000 shares, for $56 million.Real Matters Inc. (TSX:REAL) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 4,000,000 shares, for an aggregate purchase price not to exceed $56 million. The bid is subject to the approval of the Toronto Stock Exchange. The company will use the bid in conjunction with its capital allocation strategy. All the repurchased shares will be cancelled. The bid will expire on June 10, 2022.
Is New 90 Day High Low • Mar 06New 90-day low: €9.75The company is down 17% from its price of €11.70 on 04 December 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €13.82 per share.
Recent Insider Transactions • Feb 25Founder & Executive Chairman recently sold €133k worth of stockOn the 19th of February, Jason Smith sold around 12k shares on-market at roughly €11.11 per share. In the last 3 months, they made an even bigger sale worth €194k. Jason has been a seller over the last 12 months, reducing personal holdings by €5.7m.
Reported Earnings • Jan 30First quarter 2021 earnings released: EPS US$0.084 (vs US$0.059 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$120.3m (up 16% from 1Q 2020). Net income: US$7.12m (up 42% from 1Q 2020). Profit margin: 5.9% (up from 4.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Analyst Estimate Surprise Post Earnings • Jan 30Revenue beats expectationsRevenue exceeded analyst estimates by 13%. Over the next year, revenue is forecast to grow 22% compared to a 32% decline forecast for the Real Estate industry in Germany.
Is New 90 Day High Low • Jan 29New 90-day low: €10.20The company is down 33% from its price of €15.30 on 30 October 2020. The German market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €13.10 per share.
Recent Insider Transactions • Jan 24Founder & Executive Chairman recently sold €186k worth of stockOn the 15th of January, Jason Smith sold around 15k shares on-market at roughly €12.39 per share. In the last 3 months, they made an even bigger sale worth €241k. Jason has been a seller over the last 12 months, reducing personal holdings by €5.1m.
Recent Insider Transactions • Jan 17Founder & Executive Chairman recently sold €189k worth of stockOn the 8th of January, Jason Smith sold around 15k shares on-market at roughly €12.62 per share. In the last 3 months, they made an even bigger sale worth €248k. Jason has been a seller over the last 12 months, reducing personal holdings by €4.9m.
Recent Insider Transactions • Jan 10Founder & Executive Chairman recently sold €189k worth of stockOn the 8th of January, Jason Smith sold around 15k shares on-market at roughly €12.62 per share. In the last 3 months, they made an even bigger sale worth €248k. Jason has been a seller over the last 12 months, reducing personal holdings by €4.7m.
お知らせ • Nov 28Real Matters Inc., Annual General Meeting, Feb 04, 2021Real Matters Inc., Annual General Meeting, Feb 04, 2021.
Valuation Update With 7 Day Price Move • Nov 27Market pulls back on stock over the past weekAfter last week's 23% share price decline to US$12.80, the stock is trading at a trailing P/E ratio of 31.8x, down from the previous P/E ratio of 41.5x. This compares to an average P/E of 12x in the Real Estate industry in Germany. Total returns to shareholders over the past three years are 121%.
Is New 90 Day High Low • Nov 24New 90-day low: €13.00The company is down 28% from its price of €18.10 on 25 August 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.87 per share.
Analyst Estimate Surprise Post Earnings • Nov 21Revenue misses expectationsRevenue missed analyst estimates by 0.08%. Over the next year, revenue is forecast to grow 22% compared to a 32% decline forecast for the Real Estate industry in Germany.
Reported Earnings • Nov 21Full year 2020 earnings released: EPS US$0.50The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$455.9m (up 41% from FY 2019). Net income: US$42.0m (up 369% from FY 2019). Profit margin: 9.2% (up from 2.8% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 128% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 21+ 1 more updateReal Matters Inc. Appoints Brian Lang as Chief Executive OfficerReal Matters Inc. announced that it has appointed Brian Lang as Chief Executive Officer of the Company, effective November 20, 2020.
Recent Insider Transactions • Oct 06Founder recently sold €246k worth of stockOn the 2nd of October, Jason Smith sold around 15k shares on-market at roughly €16.38 per share. In the last 3 months, there was an even bigger sale from another insider worth €5.4m. Jason has been a seller over the last 12 months, reducing personal holdings by €2.2m.
お知らせ • Oct 02Real Matters Inc. to Report Q4, 2020 Results on Nov 20, 2020Real Matters Inc. announced that they will report Q4, 2020 results at 9:00 AM, Eastern Standard Time on Nov 20, 2020