RE/MAX HOLDINGS INC-CL A (RMAX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:RMAX - US75524W1080 - Common Stock
8.475 USD
+0.01 (+0.18%)
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. RMAX has a medium profitability rating, but doesn't score so well on its financial health evaluation. RMAX is valued quite cheap, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
RMAX had positive earnings in the past year.
RMAX had a positive operating cash flow in the past year.
In multiple years RMAX reported negative net income over the last 5 years.
Each year in the past 5 years RMAX had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 2.15%, RMAX is doing good in the industry, outperforming 71.43% of the companies in the same industry.
The Return On Equity of RMAX (2.79%) is better than 68.25% of its industry peers.
RMAX has a better Return On Invested Capital (8.48%) than 95.24% of its industry peers.
The Average Return On Invested Capital over the past 3 years for RMAX is in line with the industry average of 6.28%.
The last Return On Invested Capital (8.48%) for RMAX is above the 3 year average (7.69%), which is a sign of increasing profitability.
| 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
RMAX has a Profit Margin of 4.27%. This is in the better half of the industry: RMAX outperforms 73.02% of its industry peers.
In the last couple of years the Profit Margin of RMAX has declined.
Looking at the Operating Margin, with a value of 16.10%, RMAX belongs to the top of the industry, outperforming 84.13% of the companies in the same industry.
RMAX's Operating Margin has declined in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so RMAX is destroying value.
The number of shares outstanding for RMAX has been increased compared to 1 year ago.
The number of shares outstanding for RMAX has been increased compared to 5 years ago.
Compared to 1 year ago, RMAX has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.41, we must say that RMAX is in the distress zone and has some risk of bankruptcy.
RMAX has a Altman-Z score (1.41) 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.
RMAX has a better Debt to FCF ratio (11.14) than 66.67% of its industry peers.
A Debt/Equity ratio of 0.97 indicates that RMAX is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.97, RMAX is not doing good in the industry: 61.90% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.97 | ||
| Debt/FCF | 11.14 | ||
| Altman-Z | 1.41 |
ROIC/WACC0.95
WACC8.96%
2.3 Liquidity
RMAX has a Current Ratio of 1.65. This is a normal value and indicates that RMAX is financially healthy and should not expect problems in meeting its short term obligations.
RMAX has a Current ratio (1.65) which is in line with its industry peers.
RMAX has a Quick Ratio of 1.65. This is a normal value and indicates that RMAX is financially healthy and should not expect problems in meeting its short term obligations.
RMAX has a Quick ratio (1.65) which is comparable to the rest of the industry.
| 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%.
The earnings per share for RMAX have been decreasing by -10.21% on average. This is quite bad
The Revenue has decreased by -6.06% in the past year.
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
Based on estimates for the next years, RMAX will show a small growth in Earnings Per Share. The EPS will grow by 5.26% on average per year.
The Revenue is expected to decrease by -0.92% on average over the next years.
EPS Next Y0.68%
EPS Next 2Y1.77%
EPS Next 3Y5.26%
EPS Next 5YN/A
Revenue Next Year-5.85%
Revenue Next 2Y-2.53%
Revenue Next 3Y-0.92%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
RMAX is valuated cheaply with a Price/Earnings ratio of 6.52.
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 26.59. RMAX is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 6.34, the valuation of RMAX can be described as very cheap.
RMAX's Price/Forward Earnings ratio is rather cheap when compared to the industry. RMAX is cheaper than 100.00% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of RMAX to the average of the S&P500 Index (23.80), we can say RMAX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.52 | ||
| Fwd PE | 6.34 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, RMAX is valued cheaper than 98.41% of the companies in the same industry.
RMAX's Price/Free Cash Flow ratio is rather cheap when compared to the industry. RMAX is cheaper than 96.83% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.32 | ||
| EV/EBITDA | 6.77 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates RMAX does not grow enough to justify the current Price/Earnings ratio.
RMAX has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)9.56
PEG (5Y)N/A
EPS Next 2Y1.77%
EPS Next 3Y5.26%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 10.10%, RMAX is a good candidate for dividend investing.
RMAX's Dividend Yield is rather good when compared to the industry average which is at 3.48. RMAX pays more dividend than 98.41% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.31, 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 2Y1.77%
EPS Next 3Y5.26%
NYSE:RMAX (12/11/2025, 11:43:06 AM)
8.475
+0.01 (+0.18%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners80.86%
Inst Owner Change0.87%
Ins Owners7.97%
Ins Owner Change-5.79%
Market Cap170.01M
Revenue(TTM)292.93M
Net Income(TTM)12.52M
Analysts46.67
Price Target9.18 (8.32%)
Short Float %2.72%
Short Ratio2.86
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)0%
EPS NQ rev (3m)-14.58%
EPS NY rev (1m)-2.98%
EPS NY rev (3m)-3.35%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.32%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)-0.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.52 | ||
| Fwd PE | 6.34 | ||
| P/S | 0.58 | ||
| P/FCF | 4.32 | ||
| P/OCF | 3.8 | ||
| P/B | 0.38 | ||
| P/tB | 1.33 | ||
| EV/EBITDA | 6.77 |
EPS(TTM)1.3
EY15.34%
EPS(NY)1.34
Fwd EY15.77%
FCF(TTM)1.96
FCFY23.13%
OCF(TTM)2.23
OCFY26.32%
SpS14.6
BVpS22.34
TBVpS6.39
PEG (NY)9.56
PEG (5Y)N/A
Graham Number25.56
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 | 1.41 |
F-Score7
WACC8.96%
ROIC/WACC0.95
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 Y0.68%
EPS Next 2Y1.77%
EPS Next 3Y5.26%
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-5.85%
Revenue Next 2Y-2.53%
Revenue Next 3Y-0.92%
Revenue Next 5YN/A
EBIT growth 1Y5.7%
EBIT growth 3Y9.1%
EBIT growth 5Y-7.44%
EBIT Next Year97.99%
EBIT Next 3Y28.83%
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 0.68% 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%.