RE/MAX Holdings, Inc. (RMAX)

RE/MAX Holdings Statistics

Total Valuation

RMAX has a market cap or net worth of $364.92 million. The enterprise value is $125.71 million.

Market Cap	364.92M
Enterprise Value	125.71M

Important Dates

The last earnings date was Thursday, October 31, 2024, after market close.

Earnings Date	Oct 31, 2024
Ex-Dividend Date	n/a

Share Statistics

RMAX has 31.43 million shares outstanding. The number of shares has increased by 2.94% in one year.

Current Share Class	18.87M
Shares Outstanding	31.43M
Shares Change (YoY)	+2.94%
Shares Change (QoQ)	+2.52%
Owned by Insiders (%)	4.90%
Owned by Institutions (%)	67.10%
Float	14.76M

Valuation Ratios

PE Ratio	n/a
Forward PE	9.04
PS Ratio	0.69
Forward PS	1.18
PB Ratio	0.52
P/TBV Ratio	4.54
P/FCF Ratio	8.39
P/OCF Ratio	7.09
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 1.80, with an EV/FCF ratio of 2.89.

EV / Earnings	n/a
EV / Sales	0.40
EV / EBITDA	1.80
EV / EBIT	3.19
EV / FCF	2.89

Financial Position

The company has a current ratio of 1.37

Current Ratio	1.37
Quick Ratio	0.79
Debt / Equity	n/a
Debt / EBITDA	5.49
Debt / FCF	10.92
Interest Coverage	1.06

Financial Efficiency

Return on Equity (ROE)	n/a
Return on Assets (ROA)	4.18%
Return on Capital (ROIC)	5.88%
Revenue Per Employee	$573,195
Profits Per Employee	-$17,627
Employee Count	544
Asset Turnover	0.53
Inventory Turnover	n/a

Taxes

In the past 12 months, RMAX has paid $6.94 million in taxes.

Income Tax	6.94M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +18.66% in the last 52 weeks. The beta is 1.36, so RMAX's price volatility has been higher than the market average.

Beta (5Y)	1.36
52-Week Price Change	+18.66%
50-Day Moving Average	12.09
200-Day Moving Average	9.63
Relative Strength Index (RSI)	47.84
Average Volume (20 Days)	256,173

Short Selling Information

The latest short interest is 694,563, so 2.21% of the outstanding shares have been sold short.

Short Interest	694,563
Short Previous Month	543,805
Short % of Shares Out	2.21%
Short % of Float	4.71%
Short Ratio (days to cover)	3.22

Income Statement

In the last 12 months, RMAX had revenue of $311.82 million and -$9.59 million in losses. Loss per share was -$0.52.

Revenue	311.82M
Gross Profit	230.90M
Operating Income	39.36M
Pretax Income	-12.90M
Net Income	-9.59M
EBITDA	70.03M
EBIT	39.36M
Loss Per Share	-$0.52

Balance Sheet

The company has $83.78 million in cash and $475.26 million in debt, giving a net cash position of -$391.48 million or -$12.45 per share.

Cash & Cash Equivalents	83.78M
Total Debt	475.26M
Net Cash	-391.48M
Net Cash Per Share	-$12.45
Equity (Book Value)	-61.76M
Book Value Per Share	22.42
Working Capital	54.19M

Cash Flow

In the last 12 months, operating cash flow was $51.51 million and capital expenditures -$7.99 million, giving a free cash flow of $43.52 million.

Operating Cash Flow	51.51M
Capital Expenditures	-7.99M
Free Cash Flow	43.52M
FCF Per Share	$1.38

Margins

Gross margin is 74.05%, with operating and profit margins of 12.62% and -3.08%.

Gross Margin	74.05%
Operating Margin	12.62%
Pretax Margin	-2.39%
Profit Margin	-3.08%
EBITDA Margin	22.46%
EBIT Margin	12.62%
FCF Margin	13.73%

Dividends & Yields

RMAX does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-2.94%
Shareholder Yield	-2.94%
Earnings Yield	-2.63%
FCF Yield	11.92%

Analyst Forecast

The average price target for RMAX is $10.38, which is -10.59% lower than the current price. The consensus rating is "Hold".

Price Target	$10.38
Price Target Difference	-10.59%
Analyst Consensus	Hold
Analyst Count	5
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

RMAX has an Altman Z-Score of 0.71 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	0.71
Piotroski F-Score	6