-3.01%
-6.47%
-18.46%
3.42%
-6.99%
-66.47%
-73.93%

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

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

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.

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.

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.

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.

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%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
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, …
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 …
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 …
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 …
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 …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
9.98$
Current Price
9.98$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

πŸ₯‡

Newmark Logo
Newmark
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

πŸ₯ˆ

Doma Logo
Doma
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

πŸ₯‰

RE/MAX Logo
RE/MAX
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

4

eXp World Holdings Logo
eXp World Holdings
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

5

FRP Holdings Logo
FRP Holdings
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

6

J.W. Mays Logo
J.W. Mays
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->