RMAX Stock Analysis: Re Max Holding | NYSE
Real Estate Services | NYSE, USA | Market Cap: 636m USD | 12M Return: 27.9% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.28M
EPS Trend: -93.0%
Qual. Beats: 1
Rev. Trend: -99.6%
Qual. Beats: -1
Warnings
Tailwinds
Seasonality 11.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
RE/MAX Holdings, Inc. (NYSE: RMAX) is a franchisor of real estate brokerage services, operating primarily under the RE/MAX brand in the U.S., Canada, and other international markets. The company reports through three segments: Real Estate (core RE/MAX franchising and shared services), Mortgage (the Motto Mortgage brand and the wemlo loan processing platform), and Marketing Funds (agent marketing campaigns and technology). Supporting platforms include BoldTrail, a client relationship management suite for agents and brokers, and RE/MAX University, a training resource for agents.
The business is asset-light, generating revenue primarily from franchise fees, royalties, and marketing fund contributions rather than direct real estate transactions. Founded in 1973 and headquartered in Denver, Colorado, the company has expanded its offering beyond traditional brokerage franchising into mortgage franchising and digital tools, broadening its exposure to adjacent segments of the housing transaction value chain.
- Existing home sales slump as mortgage rates stay elevated
- Motto Mortgage origination volume contracts in high-rate environment
- Agent count attrition pressures recurring franchise revenue
| Net Income: 370k TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA -4.42 > 1.0 |
| NWC/Revenue: 31.71% < 20% (prev 22.88%; Δ 8.83% < -1%) |
| CFO/TA 0.06 > 3% & CFO 33.1m > Net Income 370k |
| Net Debt (370.8m) to EBITDA (62.1m): 5.97 < 3 |
| Current Ratio: 1.64 > 1.5 & < 3 |
| Outstanding Shares: last quarter (20.5m) vs 12m ago 6.22% < -2% |
| Gross Margin: 66.93% > 18% (prev 74.45%; Δ -7.51% > 0.5%) |
| Asset Turnover: 50.25% > 50% (prev 53.18%; Δ -2.93% > 0%) |
| Interest Coverage Ratio: 1.20 > 6 (EBIT TTM 37.0m / Interest Expense TTM 30.9m) |
| A: 0.16 (Total Current Assets 232.9m - Total Current Liabilities 141.8m) / Total Assets 572.3m |
| B: -0.24 (Retained Earnings -135.9m / Total Assets 572.3m) |
| C: 0.06 (EBIT TTM 37.0m / Avg Total Assets 571.9m) |
| D: 0.73 (Book Value of Equity 446.1m / Total Liabilities 614.0m) |
| Altman-Z'' = 1.47 = BB |
| DSRI: 0.83 (Receivables 28.2m/36.0m, Revenue 287.4m/303.9m) |
| GMI: 1.11 (GM 74.45% / 66.93%) |
| AQI: 0.96 (AQ_t 0.56 / AQ_t-1 0.58) |
| SGI: 0.95 (Revenue 287.4m / 303.9m) |
| TATA: -0.06 (NI 370k - CFO 33.1m) / TA 572.3m) |
| Beneish M = -3.13 (Cap -4..+1) = AA |
As of July 14, 2026, the stock is trading at USD 10.60 with a total of 310,599 shares traded. Over the past week, the price has changed by -6.53%, over one month by +13.01%, over three months by +83.71% and over the past year by +27.86%.
Current recommended Stop Loss: 9.10 (which is 14.2% or 2.9 ATR below the current price).
Re Max Holding has received a consensus analysts rating of 2.75. Therefore, it is recommended to hold RMAX.
- StrongBuy: 0
- Buy: 0
- Hold: 3
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 11.4 | 7.5% |
P/E Trailing = 577.5
P/E Forward = 12.0773
P/S = 2.2116
P/B = 0.5292
P/EG = 4.07
Revenue TTM = 287.4m USD
EBIT TTM = 37.0m USD
EBITDA TTM = 62.1m USD
Long Term Debt = 431.4m USD (from longTermDebt, last quarter)
Short Term Debt = 14.1m USD (from shortTermDebt, last quarter)
Debt = 477.9m USD (from shortLongTermDebtTotal, last quarter) + Leases 21.0m
Net Debt = 370.8m USD (calculated: Debt 477.9m - CCE 107.1m)
Enterprise Value = 1.01b USD (635.5m + Debt 477.9m - CCE 107.1m)
Interest Coverage Ratio = 1.20 (Ebit TTM 37.0m / Interest Expense TTM 30.9m)
EV/FCF = 40.20x (Enterprise Value 1.01b / FCF TTM 25.0m)
FCF Yield = 2.49% (FCF TTM 25.0m / Enterprise Value 1.01b)
FCF Margin = 8.71% (FCF TTM 25.0m / Revenue TTM 287.4m)
Net Margin = 0.13% (Net Income TTM 370k / Revenue TTM 287.4m)
Gross Margin = 66.93% ((Revenue TTM 287.4m - Cost of Revenue TTM 95.0m) / Revenue TTM)
Gross Margin QoQ = 59.25% (prev 57.85%)
Tobins Q-Ratio = 1.76 (Enterprise Value 1.01b / Total Assets 572.3m)
Interest Expense / Debt = 6.47% (Interest Expense 30.9m / Debt 477.9m)
Taxrate = 31.56% (6.20m / 19.6m)
NOPAT = 25.3m (EBIT 37.0m * (1 - 31.56%))
Current Ratio = 1.64 (Total Current Assets 232.9m / Total Current Liabilities 141.8m)
Debt / Equity = 1.07 (Debt 477.9m / totalStockholderEquity, last quarter 446.1m)
Debt / EBITDA = 5.97 (Net Debt 370.8m / EBITDA 62.1m)
Debt / FCF = 14.81 (Net Debt 370.8m / FCF TTM 25.0m)
Total Stockholder Equity = 447.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 0.06% (Net Income 370k / Total Assets 572.3m)
RoE = 0.08% (Net Income TTM 370k / Total Stockholder Equity 447.3m)
RoCE = 4.21% (EBIT 37.0m / Capital Employed (Equity 447.3m + L.T.Debt 431.4m))
RoIC = 4.54% (NOPAT 25.3m / Invested Capital 558.0m)
WACC = 8.41% (E(635.5m)/V(1.11b) * Re(11.40%) + D(477.9m)/V(1.11b) * Rd(6.47%) * (1-Tc(0.32)))
Discount Rate = 11.40% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 82.22 | Cagr: 5.27%
[DCF] Terminal Value 72.88% ; FCFF base≈35.1m ; Y1≈30.8m ; Y5≈24.9m
[DCF] Fair Price = 1.17 (EV 395.5m - Net Debt 370.8m = Equity 24.8m / Shares 21.2m; r=8.41% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -92.97 | EPS CAGR: -11.61% | SUE: 4.0 | # QB: 1
Revenue Correlation: -99.58 | Revenue CAGR: -5.57% | SUE: -3.05 | # QB: -1
EPS current Quarter (2026-06-30): EPS=0.39 | Chg30d=+0.00% | Revisions=+40% | Analysts=3
EPS next Quarter (2026-09-30): EPS=0.41 | Chg30d=+0.00% | Revisions=+40% | Analysts=3
EPS current Year (2026-12-31): EPS=1.29 | Chg30d=+0.00% | Revisions=+40% | GrowthEPS=-0.6% | GrowthRev=+1.2%
EPS next Year (2027-12-31): EPS=1.43 | Chg30d=+0.00% | Revisions=+25% | GrowthEPS=+10.4% | GrowthRev=+2.5%
[Analyst] Revisions Ratio: +70% (up=7, down=0)