RE/MAX HOLDINGS INC-CL A (RMAX) Stock Fundamental Analysis
USA - NYSE:RMAX - US75524W1080 - Common Stock
7.78 USD
+0.24 (+3.18%)
Taking everything into account, RMAX scores 5 out of 10 in our fundamental rating. RMAX was compared to 63 industry peers in the Real Estate Management & Development industry. While RMAX is still in line with the averages on profitability rating, there are concerns on its financial health. RMAX is cheap, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
RMAX had positive earnings in the past year.
In the past year RMAX had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: RMAX reported negative net income in multiple years.
RMAX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
RMAX has a better Return On Assets (2.15%) than 73.02% of its industry peers.
With a decent Return On Equity value of 2.79%, RMAX is doing good in the industry, outperforming 68.25% of the companies in the same industry.
RMAX has a Return On Invested Capital of 8.48%. This is amongst the best in the industry. RMAX outperforms 95.24% of its industry peers.
RMAX had an Average Return On Invested Capital over the past 3 years of 7.69%. This is in line with the industry average of 6.12%.
The 3 year average ROIC (7.69%) for RMAX is below the current ROIC(8.48%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.15% | ||
| ROE | 2.79% | ||
| ROIC | 8.48% |
ROA(3y)-3.29%
ROA(5y)-1.96%
ROE(3y)-4.62%
ROE(5y)-2.95%
ROIC(3y)7.69%
ROIC(5y)7.23%
1.3 Margins
The Profit Margin of RMAX (4.27%) is better than 74.60% of its industry peers.
In the last couple of years the Profit Margin of RMAX has declined.
RMAX has a Operating Margin of 16.10%. This is amongst the best in the industry. RMAX outperforms 84.13% of its industry peers.
In the last couple of years the Operating Margin of RMAX has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.1% | ||
| PM (TTM) | 4.27% | ||
| GM | N/A |
OM growth 3Y11.65%
OM growth 5Y-9.02%
PM growth 3YN/A
PM growth 5Y-23.72%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), RMAX is destroying value.
RMAX has more shares outstanding than it did 1 year ago.
The number of shares outstanding for RMAX has been increased compared to 5 years ago.
RMAX has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.33, we must say that RMAX is in the distress zone and has some risk of bankruptcy.
RMAX has a Altman-Z score (1.33) which is comparable to the rest of the industry.
The Debt to FCF ratio of RMAX is 11.14, which is on the high side as it means it would take RMAX, 11.14 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 11.14, RMAX is doing good in the industry, outperforming 66.67% of the companies in the same industry.
A Debt/Equity ratio of 0.97 indicates that RMAX is somewhat dependend on debt financing.
RMAX has a Debt to Equity ratio of 0.97. This is in the lower half of the industry: RMAX underperforms 61.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.97 | ||
| Debt/FCF | 11.14 | ||
| Altman-Z | 1.33 |
ROIC/WACC0.97
WACC8.73%
2.3 Liquidity
A Current Ratio of 1.65 indicates that RMAX should not have too much problems paying its short term obligations.
RMAX has a Current ratio (1.65) which is comparable to the rest of the industry.
A Quick Ratio of 1.65 indicates that RMAX should not have too much problems paying its short term obligations.
RMAX has a Quick ratio of 1.65. This is comparable to the rest of the industry: RMAX outperforms 55.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.65 | ||
| Quick Ratio | 1.65 |
3. Growth
3.1 Past
RMAX shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 0.78%.
Measured over the past years, RMAX shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -10.21% on average per year.
RMAX shows a decrease in Revenue. In the last year, the revenue decreased by -6.06%.
Measured over the past years, RMAX shows a small growth in Revenue. The Revenue has been growing by 1.74% on average per year.
EPS 1Y (TTM)0.78%
EPS 3Y-18.69%
EPS 5Y-10.21%
EPS Q2Q%-2.63%
Revenue 1Y (TTM)-6.06%
Revenue growth 3Y-2.28%
Revenue growth 5Y1.74%
Sales Q2Q%-6.67%
3.2 Future
RMAX is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.22% yearly.
The Revenue is expected to decrease by -0.31% on average over the next years.
EPS Next Y3.78%
EPS Next 2Y2.93%
EPS Next 3Y5.22%
EPS Next 5YN/A
Revenue Next Year-5.83%
Revenue Next 2Y-2.51%
Revenue Next 3Y-0.31%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 5.98, the valuation of RMAX can be described as very cheap.
Based on the Price/Earnings ratio, RMAX is valued cheaply inside the industry as 95.24% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 25.89. RMAX is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 5.69, the valuation of RMAX can be described as very cheap.
Based on the Price/Forward Earnings ratio, RMAX is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.59, RMAX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.98 | ||
| Fwd PE | 5.69 |
4.2 Price Multiples
98.41% of the companies in the same industry are more expensive than RMAX, based on the Enterprise Value to EBITDA ratio.
96.83% of the companies in the same industry are more expensive than RMAX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.96 | ||
| EV/EBITDA | 6.52 |
4.3 Compensation for Growth
RMAX's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
RMAX has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.58
PEG (5Y)N/A
EPS Next 2Y2.93%
EPS Next 3Y5.22%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 10.10%, RMAX is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.45, RMAX pays a better dividend. On top of this RMAX pays more dividend than 98.41% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, RMAX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.1% |
5.2 History
The dividend of RMAX decreases each year by -48.00%.
RMAX has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-48%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
RMAX pays out 2.79% of its income as dividend. This is a sustainable payout ratio.
DP2.79%
EPS Next 2Y2.93%
EPS Next 3Y5.22%
NYSE:RMAX (11/17/2025, 12:10:07 PM)
7.78
+0.24 (+3.18%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners80.63%
Inst Owner Change0.93%
Ins Owners8.03%
Ins Owner Change-6.22%
Market Cap155.83M
Revenue(TTM)292.93M
Net Income(TTM)12.52M
Analysts46.67
Price Target9.18 (17.99%)
Short Float %3.12%
Short Ratio2.85
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.1% |
Yearly Dividend0.03
Dividend Growth(5Y)-48%
DP2.79%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.67%
Min EPS beat(2)-3.91%
Max EPS beat(2)9.24%
EPS beat(4)3
Avg EPS beat(4)9.16%
Min EPS beat(4)-3.91%
Max EPS beat(4)29.28%
EPS beat(8)7
Avg EPS beat(8)7.38%
EPS beat(12)8
Avg EPS beat(12)4.92%
EPS beat(16)10
Avg EPS beat(16)3.92%
Revenue beat(2)0
Avg Revenue beat(2)-3.1%
Min Revenue beat(2)-3.93%
Max Revenue beat(2)-2.26%
Revenue beat(4)0
Avg Revenue beat(4)-2.7%
Min Revenue beat(4)-4.45%
Max Revenue beat(4)-0.14%
Revenue beat(8)0
Avg Revenue beat(8)-2.08%
Revenue beat(12)1
Avg Revenue beat(12)-2.05%
Revenue beat(16)1
Avg Revenue beat(16)-1.94%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)-14.58%
EPS NQ rev (3m)-16.54%
EPS NY rev (1m)-0.82%
EPS NY rev (3m)-0.19%
Revenue NQ rev (1m)0.32%
Revenue NQ rev (3m)-0.55%
Revenue NY rev (1m)-0.06%
Revenue NY rev (3m)-0.98%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.98 | ||
| Fwd PE | 5.69 | ||
| P/S | 0.53 | ||
| P/FCF | 3.96 | ||
| P/OCF | 3.48 | ||
| P/B | 0.35 | ||
| P/tB | 1.22 | ||
| EV/EBITDA | 6.52 |
EPS(TTM)1.3
EY16.71%
EPS(NY)1.37
Fwd EY17.57%
FCF(TTM)1.96
FCFY25.23%
OCF(TTM)2.23
OCFY28.71%
SpS14.62
BVpS22.37
TBVpS6.4
PEG (NY)1.58
PEG (5Y)N/A
Graham Number25.58
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.15% | ||
| ROE | 2.79% | ||
| ROCE | 10.73% | ||
| ROIC | 8.48% | ||
| ROICexc | 11.22% | ||
| ROICexgc | 308.9% | ||
| OM | 16.1% | ||
| PM (TTM) | 4.27% | ||
| GM | N/A | ||
| FCFM | 13.42% |
ROA(3y)-3.29%
ROA(5y)-1.96%
ROE(3y)-4.62%
ROE(5y)-2.95%
ROIC(3y)7.69%
ROIC(5y)7.23%
ROICexc(3y)9.67%
ROICexc(5y)9.18%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)9.74%
ROCE(5y)9.16%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y25.58%
ROICexc growth 5Y-6.23%
OM growth 3Y11.65%
OM growth 5Y-9.02%
PM growth 3YN/A
PM growth 5Y-23.72%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.5
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.97 | ||
| Debt/FCF | 11.14 | ||
| Debt/EBITDA | 5.87 | ||
| Cap/Depr | 20.31% | ||
| Cap/Sales | 1.85% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 60.57% | ||
| Profit Quality | 314.08% | ||
| Current Ratio | 1.65 | ||
| Quick Ratio | 1.65 | ||
| Altman-Z | 1.33 |
F-Score7
WACC8.73%
ROIC/WACC0.97
Cap/Depr(3y)23.32%
Cap/Depr(5y)28.89%
Cap/Sales(3y)2.31%
Cap/Sales(5y)2.83%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)0.78%
EPS 3Y-18.69%
EPS 5Y-10.21%
EPS Q2Q%-2.63%
EPS Next Y3.78%
EPS Next 2Y2.93%
EPS Next 3Y5.22%
EPS Next 5YN/A
Revenue 1Y (TTM)-6.06%
Revenue growth 3Y-2.28%
Revenue growth 5Y1.74%
Sales Q2Q%-6.67%
Revenue Next Year-5.83%
Revenue Next 2Y-2.51%
Revenue Next 3Y-0.31%
Revenue Next 5YN/A
EBIT growth 1Y5.7%
EBIT growth 3Y9.1%
EBIT growth 5Y-7.44%
EBIT Next Year101.02%
EBIT Next 3Y29.95%
EBIT Next 5YN/A
FCF growth 1Y69.84%
FCF growth 3Y24.93%
FCF growth 5Y-4.21%
OCF growth 1Y52.28%
OCF growth 3Y12.02%
OCF growth 5Y-5.46%
RE/MAX HOLDINGS INC-CL A / RMAX FAQ
Can you provide the ChartMill fundamental rating for RE/MAX HOLDINGS INC-CL A?
ChartMill assigns a fundamental rating of 5 / 10 to RMAX.
What is the valuation status of RE/MAX HOLDINGS INC-CL A (RMAX) stock?
ChartMill assigns a valuation rating of 8 / 10 to RE/MAX HOLDINGS INC-CL A (RMAX). This can be considered as Undervalued.
What is the profitability of RMAX stock?
RE/MAX HOLDINGS INC-CL A (RMAX) has a profitability rating of 6 / 10.
What is the earnings growth outlook for RE/MAX HOLDINGS INC-CL A?
The Earnings per Share (EPS) of RE/MAX HOLDINGS INC-CL A (RMAX) is expected to grow by 3.78% in the next year.
How sustainable is the dividend of RE/MAX HOLDINGS INC-CL A (RMAX) stock?
The dividend rating of RE/MAX HOLDINGS INC-CL A (RMAX) is 6 / 10 and the dividend payout ratio is 2.79%.