AI Spotlight on RMAX
Company Description
RE/MAX Holdings, Inc.operates as a franchisor of real estate and mortgage brokerage services in the United States, Canada, and internationally.The company operates through three segments: Real Estate, Mortgage, and Marketing Funds.
It offers real estate brokerage franchising services under the RE/MAX brand; mortgage brokerage services to real estate brokers, real estate professionals, mortgage professionals, and other investors under the Motto Mortgage brand; and mortgage loan processing software and services under the wemlo brand.In addition, the company provides First mobile app, which integrates a suite of digital products that enables agents, brokers, and teams to establish and manage client relationships; RE/MAX University platform, a learning hub designed to help each agent in their professional expertise; and Booj platform.The company was founded in 1973 and is headquartered in Denver, Colorado.
Market Data
Last Price | 9.98 |
Change Percentage | -3.01% |
Open | 10.29 |
Previous Close | 10.29 |
Market Cap ( Millions) | 188 |
Volume | 92027 |
Year High | 14.31 |
Year Low | 6.94 |
M A 50 | 11.29 |
M A 200 | 10.25 |
Financial Ratios
FCF Yield | 23.10% |
Dividend Yield | 0.00% |
ROE | -2.30% |
Debt / Equity | 112.33% |
Net Debt / EBIDTA | 557.94% |
Price To Book | 0.44 |
Price Earnings Ratio | -19.63 |
Price To FCF | 4.33 |
Price To sales | 0.6 |
EV / EBITDA | 8.26 |
News
- Jan -30 - All-New 2025 RE/MAX R4 Convention Returns with Bold Experiences, Unmatched Energy and Dynamic Speakers
- Jan -28 - RE/MAX HOLDINGS, INC. TO RELEASE FOURTH QUARTER AND FULL YEAR 2024 RESULTS ON FEBRUARY 20, 2025
- Jan -27 - Fresh 2025 RE/MAX Advertising Campaign Highlights Agent Trust and Expertise
- Jan -21 - TRAVIS SAXTON JOINS RE/MAX HOLDINGS AS EXECUTIVE VICE PRESIDENT OF STRATEGY TO DRIVE ORGANIZATIONAL ALIGNMENT AND INNOVATION
- Jan -16 - RE/MAX NATIONAL HOUSING REPORT FOR DECEMBER 2024
- Jan -14 - INDUSTRY VISIONARY CHRIS LIM TO JOIN RE/MAX AS EXECUTIVE VICE PRESIDENT AND CHIEF GROWTH OFFICER
- Dec -18 - RE/MAX HOLDINGS LAUNCHES THE RE/MAX MEDIA NETWORK, THE FIRST IN REAL ESTATE
- Dec -16 - RE/MAX NATIONAL HOUSING REPORT FOR NOVEMBER 2024
- Dec -16 - RE/MAX Holdings: Profitability Still Intact
- Nov -26 - Home Sales Are Rising, But Who Stands to Benefit the Most?
- Nov -25 - Elite Event Brings Together the Most Productive Agents from RE/MAX, the Most Productive Real Estate Network in the World*
- Nov -15 - RE/MAX HOLDINGS, INC. TO PARTICIPATE IN STEPHENS ANNUAL INVESTMENT CONFERENCE | NASH2024
- Nov -14 - RE/MAX NATIONAL HOUSING REPORT FOR OCTOBER 2024
- Nov -02 - RE/MAX Holdings, Inc. (RMAX) Q3 2024 Earnings Call Transcript
- Oct -31 - RE/MAX (RMAX) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
- Oct -31 - RE/MAX (RMAX) Q3 Earnings Surpass Estimates
- Oct -31 - RE/MAX HOLDINGS, INC. REPORTS THIRD QUARTER 2024 RESULTS
- Oct -29 - RE/MAX Revealed as #1 Real Estate Brand on Franchise Times Top 400 for 16th Consecutive Year
- Oct -24 - RE/MAX Affiliates Make Worldwide Impact by Giving Back During Global RE/MAX Week
- Oct -15 - 3 Stocks to Buy on the Real Estate Operations Industry's Recovery
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Real Estate
Expected Growth : 1.2 %
What the company do ?
RE/MAX Holdings, Inc. is a global real estate franchisor with a network of over 135,000 agents in more than 110 countries, providing residential and commercial property services.
Why we expect these perspectives ?
RE/MAX Holdings, Inc.'s 1.2% growth in Real Estate is driven by increasing demand for housing, low interest rates, and a strong economy. Additionally, the company's expansion into new markets, technology investments, and agent recruitment efforts have contributed to its growth. Furthermore, the company's diversified business model, which includes franchising, mortgage, and title services, has helped to mitigate risks and drive revenue growth.
Segment nΒ°2 -> Marketing Funds
Expected Growth : 0.8 %
What the company do ?
Marketing Funds from RE/MAX Holdings, Inc. provide financial support to RE/MAX agents and brokers for advertising, promotional, and business development activities.
Why we expect these perspectives ?
Marketing Funds from RE/MAX Holdings, Inc. growth of 0.8 driven by increasing agent count, rising real estate transactions, and expanding global footprint. Additionally, strategic investments in digital marketing, lead generation, and brand awareness campaigns contribute to growth. Furthermore, RE/MAX's strong brand reputation and competitive commission structure attract and retain top agents, fueling marketing fund growth.
Segment nΒ°3 -> Mortgage
Expected Growth : 1.5 %
What the company do ?
Mortgage from RE/MAX Holdings, Inc. offers home financing solutions, providing competitive rates and personalized service to help customers achieve their homeownership goals.
Why we expect these perspectives ?
The 1.5% growth in Mortgage from RE/MAX Holdings, Inc. is driven by increasing demand for housing, low interest rates, and government-backed mortgage programs. Additionally, RE/MAX's strong brand recognition, extensive agent network, and technology investments have enabled the company to capitalize on market trends, resulting in sustained growth.
Segment nΒ°4 -> Other
Expected Growth : 0.5 %
What the company do ?
Other from RE/MAX Holdings, Inc. refers to the company's miscellaneous revenue streams, including interest income, franchise fees, and other non-core business activities.
Why we expect these perspectives ?
RE/MAX Holdings, Inc.'s 0.5% growth in 'Other' segment is driven by increasing demand for mortgage services, expansion of mortgage processing capabilities, and strategic partnerships. Additionally, growth in title insurance and settlement services, as well as increased adoption of digital mortgage solutions, contribute to this modest growth.
Re/Max Holdings, Inc. Products
Product Range | What is it ? |
---|---|
Residential Real Estate Brokerage Services | RE/MAX Holdings, Inc. provides residential real estate brokerage services through its franchise network, connecting buyers and sellers of residential properties. |
Commercial Real Estate Brokerage Services | RE/MAX Holdings, Inc. offers commercial real estate brokerage services, providing expertise in leasing, sales, and investment opportunities for commercial properties. |
Mortgage Services | RE/MAX Holdings, Inc. provides mortgage services through its mortgage partners, offering a range of loan options and competitive rates. |
Title and Settlement Services | RE/MAX Holdings, Inc. offers title and settlement services, ensuring a smooth and secure transaction process for buyers and sellers. |
Franchise Opportunities | RE/MAX Holdings, Inc. offers franchise opportunities for entrepreneurs and real estate professionals, providing training, support, and brand recognition. |
Real Estate Technology and Data Analytics | RE/MAX Holdings, Inc. provides real estate technology and data analytics solutions, empowering agents and brokers with insights and tools to succeed. |
RE/MAX Holdings, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for RE/MAX Holdings, Inc. is medium due to the presence of alternative real estate companies and online platforms that offer similar services.
Bargaining Power Of Customers
The bargaining power of customers for RE/MAX Holdings, Inc. is low due to the fragmented nature of the real estate market and the lack of concentration of buyers.
Bargaining Power Of Suppliers
The bargaining power of suppliers for RE/MAX Holdings, Inc. is medium due to the presence of multiple suppliers of real estate services and the moderate level of concentration among suppliers.
Threat Of New Entrants
The threat of new entrants for RE/MAX Holdings, Inc. is high due to the relatively low barriers to entry in the real estate industry and the increasing trend of online platforms and new business models.
Intensity Of Rivalry
The intensity of rivalry for RE/MAX Holdings, Inc. is high due to the highly competitive nature of the real estate industry, with many established players and new entrants competing for market share.
Capital Structure
Value | |
---|---|
Debt Weight | 52.40% |
Debt Cost | 3.95% |
Equity Weight | 47.60% |
Equity Cost | 11.05% |
WACC | 7.33% |
Leverage | 110.08% |
RE/MAX Holdings, Inc. : Quality Control
RE/MAX Holdings, Inc. passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
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NMRK | Newmark Group, Inc. provides commercial real estate services in the United States and internationally. The company's investor/owner services and products include capital markets, such as investment, debt and structured finance, β¦ |
EXPI | eXp World Holdings, Inc., together with its subsidiaries, provides cloud-based real estate brokerage services for residential homeowners and homebuyers. The company facilitates buyers to search real-time property listings and sellers β¦ |
DOMA | Doma Holdings Inc. originates, underwrites, and provides title, escrow, and settlement services to homeowners, lenders, title agents, and real estate professionals. It operates through two segments, Distribution and Underwriting. The β¦ |
FRPH | FRP Holdings, Inc. engages in the real estate businesses in the United States. The company operates through four segments: Asset Management, Mining Royalty Lands, Development, and Stabilized Joint Venture. The β¦ |
MAYS | J.W. Mays, Inc. owns, operates, and leases commercial real estate properties in United States. Its properties are located in Brooklyn, Jamaica, Fishkill, Levittown, Massapequa of New York, and Circleville of β¦ |