eXp World Holdings, Inc. provides cloud-based real estate brokerage services for residential homeowners and homebuyers.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$48.40|
|52 Week High||US$20.01|
|52 Week Low||US$90.00|
|1 Month Change||3.86%|
|3 Month Change||39.16%|
|1 Year Change||69.08%|
|3 Year Change||674.40%|
|5 Year Change||1,832.14%|
|Change since IPO||9,580.00%|
Recent News & Updates
I Ran A Stock Scan For Earnings Growth And eXp World Holdings (NASDAQ:EXPI) Passed With Ease
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Scaled Economies Shared With eXp World Holdings
Due to tight margins and dilution built into the business model, eXp World Holdings is difficult to be excited about at first glance. The long-term merits of the business are apparent if you consider the powerful scaled economies shared model that I believe eXp is utilizing. I will compare eXp and Costco to show this. These businesses differ substantially, but I believe it is the best way to demonstrate the long-term potential of eXp. Despite dilution and low margins, in the long run, I believe that free cash flow per share for eXp will continue to rise.
eXp World Holdings: Laying Out The Bull Case
EXPI is a controversial stock. The company is growing insanely quickly, but bears point to little operating leverage and an MLM-like business model. Sean Iddings, a microcap investor, addresses the risks and discusses his bull thesis.
Analysts Just Made A Substantial Upgrade To Their eXp World Holdings, Inc. (NASDAQ:EXPI) Forecasts
eXp World Holdings, Inc. ( NASDAQ:EXPI ) shareholders will have a reason to smile today, with the analysts making...
|EXPI||US Real Estate||US Market|
Return vs Industry: EXPI exceeded the US Real Estate industry which returned -13.6% over the past year.
Return vs Market: EXPI exceeded the US Market which returned 27.6% over the past year.
Stable Share Price: EXPI is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: EXPI's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
eXp World Holdings, Inc. provides cloud-based real estate brokerage services for residential homeowners and homebuyers. The company facilitates buyers to search real-time property listings and sellers to list their properties through its various platforms; and provides buyers and sellers with access to a network of professionals, consumer-centric agents, and brokers. It is also involved in building 3D virtual worlds for work, education, and events; and focused on agent website and consumer real estate portal technology.
eXp World Holdings Fundamentals Summary
|EXPI fundamental statistics|
Is EXPI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|EXPI income statement (TTM)|
|Cost of Revenue||US$2.53b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.44|
|Net Profit Margin||2.34%|
How did EXPI perform over the long term?See historical performance and comparison
0.3%Current Dividend Yield
Is eXp World Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EXPI ($48.59) is trading below our estimate of fair value ($107.12)
Significantly Below Fair Value: EXPI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: EXPI is poor value based on its PE Ratio (110.2x) compared to the US Real Estate industry average (24.6x).
PE vs Market: EXPI is poor value based on its PE Ratio (110.2x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: EXPI is poor value based on its PEG Ratio (3.1x)
Price to Book Ratio
PB vs Industry: EXPI is overvalued based on its PB Ratio (41.6x) compared to the US Real Estate industry average (1.4x).
How is eXp World Holdings forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EXPI's forecast earnings growth (35.8% per year) is above the savings rate (2%).
Earnings vs Market: EXPI's earnings (35.8% per year) are forecast to grow faster than the US market (15.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: EXPI's revenue (28.2% per year) is forecast to grow faster than the US market (9.9% per year).
High Growth Revenue: EXPI's revenue (28.2% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if EXPI's Return on Equity is forecast to be high in 3 years time
How has eXp World Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EXPI has high quality earnings.
Growing Profit Margin: EXPI's current net profit margins (2.3%) are higher than last year (0.6%).
Past Earnings Growth Analysis
Earnings Trend: EXPI has become profitable over the past 5 years, growing earnings by 48.3% per year.
Accelerating Growth: EXPI's earnings growth over the past year (772.3%) exceeds its 5-year average (48.3% per year).
Earnings vs Industry: EXPI earnings growth over the past year (772.3%) exceeded the Real Estate industry 66.6%.
Return on Equity
High ROE: EXPI's Return on Equity (37.5%) is considered high.
How is eXp World Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: EXPI's short term assets ($347.1M) exceed its short term liabilities ($220.9M).
Long Term Liabilities: EXPI's short term assets ($347.1M) exceed its long term liabilities ($2.1M).
Debt to Equity History and Analysis
Debt Level: EXPI's debt to equity ratio (1.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if EXPI's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: EXPI's debt is well covered by operating cash flow (9158.4%).
Interest Coverage: Insufficient data to determine if EXPI's interest payments on its debt are well covered by EBIT.
What is eXp World Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: EXPI's dividend (0.33%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.29%).
High Dividend: EXPI's dividend (0.33%) is low compared to the top 25% of dividend payers in the US market (3.49%).
Stability and Growth of Payments
Stable Dividend: EXPI is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: EXPI is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of EXPI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Glenn Sanford (54 yo)
Mr. Glenn Darrel Sanford serves as Director at First Cloud Investment Group. He is founded eXp Realty, LLC in October 2009 and served as its Chief Executive Officer. Mr. Sanford is the Founder of eXp World...
CEO Compensation Analysis
Compensation vs Market: Glenn's total compensation ($USD15.96M) is above average for companies of similar size in the US market ($USD6.27M).
Compensation vs Earnings: Glenn's compensation has increased by more than 20% in the past year.
Experienced Management: EXPI's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Experienced Board: EXPI's board of directors are considered experienced (5.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: EXPI insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.8%.
eXp World Holdings, Inc.'s employee growth, exchange listings and data sources
- Name: eXp World Holdings, Inc.
- Ticker: EXPI
- Exchange: NasdaqGM
- Founded: 2008
- Industry: Real Estate Services
- Sector: Real Estate
- Market Cap: US$7.115b
- Shares outstanding: 146.42m
- Website: https://expworldholdings.com
Number of Employees
- eXp World Holdings, Inc.
- 2219 Rimland Drive
- Suite 301
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 22:21|
|End of Day Share Price||2021/10/18 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.