REDFIN CORP (RDFN)
US75737F1084 - Common Stock
Taking everything into account, RDFN scores 2 out of 10 in our fundamental rating. RDFN was compared to 66 industry peers in the Real Estate Management & Development industry. RDFN has a bad profitability rating. Also its financial health evaluation is rather negative. RDFN is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year RDFN has reported negative net income.
In the past year RDFN had a positive cash flow from operations.
In the past 5 years RDFN always reported negative net income.
In multiple years RDFN reported negative operating cash flow during the last 5 years.
1.2 Ratios
The Return On Assets of RDFN (-11.37%) is worse than 62.12% of its industry peers.
RDFN has a worse Return On Equity (-307.01%) than 78.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -11.37% | ||
| ROE | -307.01% | ||
| ROIC | N/A |
ROA(3y)-12.55%
ROA(5y)-10.58%
ROE(3y)-217%
ROE(5y)-135.8%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Gross Margin, with a value of 33.76%, RDFN is in the better half of the industry, outperforming 65.15% of the companies in the same industry.
In the last couple of years the Gross Margin of RDFN has grown nicely.
RDFN does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 33.76% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y8.84%
GM growth 5Y6.61%
2. Health
2.1 Basic Checks
RDFN does not have a ROIC to compare to the WACC, probably because it is not profitable.
RDFN has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, RDFN has more shares outstanding
Compared to 1 year ago, RDFN has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of -0.24, we must say that RDFN is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of -0.24, RDFN is not doing good in the industry: 74.24% of the companies in the same industry are doing better.
RDFN has a debt to FCF ratio of 21.59. This is a negative value and a sign of low solvency as RDFN would need 21.59 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 21.59, RDFN is in the better half of the industry, outperforming 60.61% of the companies in the same industry.
A Debt/Equity ratio of 22.60 is on the high side and indicates that RDFN has dependencies on debt financing.
RDFN has a worse Debt to Equity ratio (22.60) than 84.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 22.6 | ||
| Debt/FCF | 21.59 | ||
| Altman-Z | -0.24 |
ROIC/WACCN/A
WACC6.14%
2.3 Liquidity
A Current Ratio of 1.66 indicates that RDFN should not have too much problems paying its short term obligations.
The Current ratio of RDFN (1.66) is comparable to the rest of the industry.
A Quick Ratio of 1.66 indicates that RDFN should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.66, RDFN is in line with its industry, outperforming 59.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.66 | ||
| Quick Ratio | 1.66 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 55.56% over the past year.
Looking at the last year, RDFN shows a very negative growth in Revenue. The Revenue has decreased by -28.04% in the last year.
The Revenue has been growing by 14.94% on average over the past years. This is quite good.
EPS 1Y (TTM)55.56%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q81.65%
Revenue 1Y (TTM)-28.04%
Revenue growth 3Y3.3%
Revenue growth 5Y14.94%
Revenue growth Q2Q-54.54%
3.2 Future
Based on estimates for the next years, RDFN will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.96% on average per year.
The Revenue is expected to grow by 9.14% on average over the next years. This is quite good.
EPS Next Y10.66%
EPS Next 2Y15.34%
EPS Next 3Y15.96%
EPS Next 5Y8.96%
Revenue Next Year-3.8%
Revenue Next 2Y4.6%
Revenue Next 3Y7.08%
Revenue Next 5Y9.14%
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for RDFN. In the last year negative earnings were reported.
Also next year RDFN is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of RDFN indicates a rather cheap valuation: RDFN is cheaper than 80.30% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.99 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
RDFN's earnings are expected to grow with 15.96% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y15.34%
EPS Next 3Y15.96%
5. Dividend
5.1 Amount
RDFN does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
REDFIN CORP
NASDAQ:RDFN (4/26/2024, 7:12:59 PM)
After market: 5.63 +0.01 (+0.18%)5.62
+0.44 (+8.49%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap670.13M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -11.37% | ||
| ROE | -307.01% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 33.76% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.85
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 22.6 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.66 | ||
| Quick Ratio | 1.66 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)55.56%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y10.66%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-28.04%
Revenue growth 3Y3.3%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y