RMAX Stock Overview
RE/MAX Holdings, Inc. operates as a franchisor of real estate and mortgage brokerage services in the United States, Canada, and internationally.
RE/MAX Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$29.17|
|52 Week High||US$43.85|
|52 Week Low||US$26.05|
|1 Month Change||-4.08%|
|3 Month Change||-8.73%|
|1 Year Change||-25.45%|
|3 Year Change||-21.84%|
|5 Year Change||-47.63%|
|Change since IPO||8.04%|
Recent News & Updates
Is It Too Late To Consider Buying RE/MAX Holdings, Inc. (NYSE:RMAX)?
RE/MAX Holdings, Inc. ( NYSE:RMAX ), might not be a large cap stock, but it saw a double-digit share price rise of over...
|RMAX||US Real Estate||US Market|
Return vs Industry: RMAX exceeded the US Real Estate industry which returned -34.3% over the past year.
Return vs Market: RMAX underperformed the US Market which returned 10.2% over the past year.
|RMAX Average Weekly Movement||4.6%|
|Real Estate Industry Average Movement||7.9%|
|Market Average Movement||6.6%|
|10% most volatile stocks in US Market||15.7%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: RMAX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: RMAX's weekly volatility (5%) has been stable over the past year.
About the Company
RE/MAX Holdings, Inc. operates as a franchisor of real estate and mortgage brokerage services in the United States, Canada, and internationally. It operates through three segments: Real Estate, Mortgage, and Marketing Funds. The company offers its real estate franchise services under the RE/MAX brand; and mortgage brokerage services to real estate brokers, real estate professionals, mortgage professionals, and other investors under the Motto Mortgage brand.
RE/MAX Holdings Fundamentals Summary
|RMAX fundamental statistics|
Is RMAX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RMAX income statement (TTM)|
|Cost of Revenue||US$77.28m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.56|
|Net Profit Margin||-5.64%|
How did RMAX perform over the long term?See historical performance and comparison
3.2%Current Dividend Yield
Is RE/MAX 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: RMAX ($30.02) is trading below our estimate of fair value ($42.95)
Significantly Below Fair Value: RMAX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RMAX is unprofitable, so we can't compare its PE Ratio to the US Real Estate industry average.
PE vs Market: RMAX is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RMAX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RMAX is overvalued based on its PB Ratio (1.9x) compared to the US Real Estate industry average (1.6x).
How is RE/MAX Holdings forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RMAX is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: RMAX is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: RMAX's is expected to become profitable in the next 3 years.
Revenue vs Market: RMAX's revenue (5.5% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: RMAX's revenue (5.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RMAX's Return on Equity is forecast to be low in 3 years time (6.1%).
How has RE/MAX Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RMAX is currently unprofitable.
Growing Profit Margin: RMAX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RMAX is unprofitable, and losses have increased over the past 5 years at a rate of 15.7% per year.
Accelerating Growth: Unable to compare RMAX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RMAX is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (85.5%).
Return on Equity
High ROE: RMAX has a negative Return on Equity (-43.12%), as it is currently unprofitable.
How is RE/MAX Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: RMAX's short term assets ($201.6M) exceed its short term liabilities ($141.1M).
Long Term Liabilities: RMAX's short term assets ($201.6M) do not cover its long term liabilities ($571.9M).
Debt to Equity History and Analysis
Debt Level: RMAX's net debt to equity ratio (504%) is considered high.
Reducing Debt: RMAX's debt to equity ratio has increased from 318.7% to 684.5% over the past 5 years.
Debt Coverage: RMAX's debt is not well covered by operating cash flow (9.7%).
Interest Coverage: RMAX's interest payments on its debt are well covered by EBIT (5x coverage).
What is RE/MAX Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RMAX's dividend (3.06%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: RMAX's dividend (3.06%) is low compared to the top 25% of dividend payers in the US market (3.48%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, RMAX has been paying a dividend for less than 10 years.
Growing Dividend: RMAX's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: RMAX is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: RMAX's dividends in 3 years are forecast to be well covered by earnings (36.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Adam Contos (49 yo)
Mr. Adam M. Contos is a Co-Founder of RE/MAX, LLC and served as its Chief Executive Officer since February 2018 until January 11, 2022. He has been Director at RE/MAX Holdings, Inc. since December 2018. He...
CEO Compensation Analysis
Compensation vs Market: Adam's total compensation ($USD2.39M) is about average for companies of similar size in the US market ($USD2.39M).
Compensation vs Earnings: Adam's compensation has increased whilst the company is unprofitable.
Experienced Management: RMAX's management team is considered experienced (4.9 years average tenure).
Experienced Board: RMAX's board of directors are considered experienced (7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
RE/MAX Holdings, Inc.'s employee growth, exchange listings and data sources
- Name: RE/MAX Holdings, Inc.
- Ticker: RMAX
- Exchange: NYSE
- Founded: 1973
- Industry: Real Estate Services
- Sector: Real Estate
- Implied Market Cap: US$928.115m
- Market Cap: US$551.076m
- Shares outstanding: 31.45m
- Website: https://www.remax.com
Number of Employees
- RE/MAX Holdings, Inc.
- 5075 South Syracuse Street
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/21 00:11|
|End of Day Share Price||2022/01/20 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.