eXp World Holdings
Market Cap
US$5.5b
Last Updated
2021/01/16 00:57 UTC
Data Sources
Company Financials +
Executive Summary
eXp World Holdings, Inc. provides cloud-based real estate brokerage services for residential homeowners and homebuyers in the United States, Canada, the United Kingdom, Australia, South Africa, Portugal, France, Mexico, and India. More Details
Rewards
Risk Analysis
Snowflake Analysis
High growth potential with excellent balance sheet.
Share Price & News
How has eXp World Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EXPI is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: EXPI's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of US stocks.
Market Performance
7 Day Return
4.9%
EXPI
-1.3%
US Real Estate
-0.9%
US Market
1 Year Return
619.9%
EXPI
4.7%
US Real Estate
19.6%
US Market
Return vs Industry: EXPI exceeded the US Real Estate industry which returned 5.2% over the past year.
Return vs Market: EXPI exceeded the US Market which returned 21% over the past year.
Shareholder returns
| EXPI | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.9% | -1.3% | -0.9% |
| 30 Day | 8.2% | 1.4% | 3.0% |
| 90 Day | 36.9% | 8.0% | 11.5% |
| 1 Year | 619.9%619.9% | 7.4%4.7% | 22.3%19.6% |
| 3 Year | 360.0%360.0% | 12.7%4.8% | 45.3%35.7% |
| 5 Year | 9,819.8%9,819.8% | 40.2%23.5% | 124.8%99.9% |
Long-Term Price Volatility Vs. Market
How volatile is eXp World Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
Is eXp World Holdings, Inc.'s (NASDAQ:EXPI) Shareholder Ownership Skewed Towards Insiders?3 weeks ago | Simply Wall St
Calculating The Fair Value Of eXp World Holdings, Inc. (NASDAQ:EXPI)1 month ago | Simply Wall St
Should You Use eXp World Holdings's (NASDAQ:EXPI) Statutory Earnings To Analyse It?Valuation
Is eXp World Holdings undervalued compared to its fair value and its price relative to the market?
16.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EXPI ($77.97) is trading below our estimate of fair value ($93.38)
Significantly Below Fair Value: EXPI is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: EXPI is poor value based on its PE Ratio (215.4x) compared to the US Real Estate industry average (37.6x).
PE vs Market: EXPI is poor value based on its PE Ratio (215.4x) compared to the US market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: EXPI is poor value based on its PEG Ratio (4.3x)
Price to Book Ratio
PB vs Industry: EXPI is overvalued based on its PB Ratio (49.2x) compared to the US Real Estate industry average (1.3x).
Next Steps
Future Growth
How is eXp World Holdings forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
49.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EXPI's forecast earnings growth (49.8% per year) is above the savings rate (2%).
Earnings vs Market: EXPI's earnings (49.8% per year) are forecast to grow faster than the US market (21.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: EXPI's revenue (26.8% per year) is forecast to grow faster than the US market (10.2% per year).
High Growth Revenue: EXPI's revenue (26.8% 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
Next Steps
Past Performance
How has eXp World Holdings performed over the past 5 years?
2.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EXPI has high quality earnings.
Growing Profit Margin: EXPI became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: EXPI has become profitable over the past 5 years, growing earnings by 2% per year.
Accelerating Growth: EXPI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: EXPI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (-7.9%).
Return on Equity
High ROE: EXPI's Return on Equity (21.7%) is considered high.
Next Steps
Financial Health
How is eXp World Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: EXPI's short term assets ($210.5M) exceed its short term liabilities ($118.3M).
Long Term Liabilities: EXPI's short term assets ($210.5M) exceed its long term liabilities ($2.9M).
Debt to Equity History and Analysis
Debt Level: EXPI's debt to equity ratio (3.8%) 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 (2466.8%).
Interest Coverage: EXPI's interest payments on its debt are well covered by EBIT (2649.7x coverage).
Balance Sheet
Next Steps
Dividend
What is eXp World Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate EXPI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate EXPI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if EXPI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if EXPI's dividend payments have been 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.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.8yrs
Average management tenure
CEO
Glenn Sanford (53 yo)
7.83yrs
Tenure
US$1,369,405
Compensation
Mr. Glenn Darrel Sanford serves as Director at First Cloud Investment Group. He is founded eXp Realty, LLC in 2007 and served as its Chief Executive Officer. Mr. Sanford is the Founder of eXp World Holding...
CEO Compensation Analysis
Compensation vs Market: Glenn's total compensation ($USD1.37M) is below average for companies of similar size in the US market ($USD6.20M).
Compensation vs Earnings: Glenn's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 7.83yrs | US$1.37m | 29.38% $ 1.6b | |
| CFO & Chief Collaboration Officer | 2.17yrs | US$449.20k | 0.00011% $ 6.0k | |
| Chief Cultural Officer | 7.58yrs | US$147.17k | no data | |
| Chief Information Officer | 1.42yrs | no data | 0.029% $ 1.6m | |
| Chief Counsel & Corporate Secretary | 1.83yrs | no data | 0% $ 0 | |
| Chief Marketing Officer | 0.58yr | no data | no data | |
| President of the Commercial Division | 0.33yr | no data | no data | |
| President of eXp World Technologies | 2yrs | no data | 0.011% $ 584.7k | |
| Global Controller | 0.58yr | no data | no data |
1.8yrs
Average Tenure
53yo
Average Age
Experienced Management: EXPI's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 7.83yrs | US$1.37m | 29.38% $ 1.6b | |
| Independent Vice Chairman | 3yrs | US$137.50k | 0.19% $ 10.5m | |
| Director | 6.33yrs | US$1.40m | 1.66% $ 90.3m | |
| Independent Director | 6.67yrs | US$246.31k | 0.10% $ 5.5m | |
| Director | 4.75yrs | US$24.05k | 3.4% $ 185.6m | |
| Independent Director | 2.17yrs | US$183.34k | 0% $ 0 | |
| Director | 0.67yr | no data | 0.0015% $ 80.7k |
4.8yrs
Average Tenure
50yo
Average Age
Experienced Board: EXPI's board of directors are considered experienced (4.8 years average tenure).
Ownership
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
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.1%.
Top Shareholders
Company Information
eXp World Holdings, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: eXp World Holdings, Inc.
- Ticker: EXPI
- Exchange: NasdaqGM
- Founded: 2008
- Industry: Real Estate Services
- Sector: Real Estate
- Market Cap: US$5.454b
- Shares outstanding: 69.95m
- Website: https://expworldholdings.com
Number of Employees
Location
- eXp World Holdings, Inc.
- 2219 Rimland Drive
- Suite 301
- Bellingham
- Washington
- 98226
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| EXPI | NasdaqGM (Nasdaq Global Market) | Yes | New Common Stock | US | USD | Sep 2013 |
| EXPI * | BMV (Bolsa Mexicana de Valores) | Yes | New Common Stock | MX | MXN | Sep 2013 |
Biography
eXp World Holdings, Inc. provides cloud-based real estate brokerage services for residential homeowners and homebuyers in the United States, Canada, the United Kingdom, Australia, South Africa, Portugal, F...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/16 00:57 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.