RE/MAX Statistics

Share Statistics

RE/MAX has 20.03M shares outstanding. The number of shares has increased by 111.28% in one year.

Shares Outstanding	20.03M
Shares Change (YoY)	111.28%
Shares Change (QoQ)	109.88%
Owned by Institutions (%)	81.37%
Shares Floating	16.67M
Failed to Deliver (FTD) Shares	358
FTD / Avg. Volume	0.17%

Short Selling Information

The latest short interest is 817.85K, so 4.31% of the outstanding shares have been sold short.

Short Interest	817.85K
Short % of Shares Out	4.31%
Short % of Float	5.5%
Short Ratio (days to cover)	4.38

Valuation Ratios

The PE ratio is 28.13 and the forward PE ratio is 5.78. RE/MAX's PEG ratio is -0.26.

PE Ratio	28.13
Forward PE	5.78
PS Ratio	0.65
Forward PS	0.5
PB Ratio	0.47
P/FCF Ratio	3.78
PEG Ratio	-0.26

Financial Ratio History

Enterprise Valuation

RE/MAX has an Enterprise Value (EV) of 575.83M.

EV / Sales	1.87
EV / EBITDA	7.65
EV / EBIT	9.65
EV / FCF	10.86

Financial Position

The company has a current ratio of 1.41, with a Debt / Equity ratio of 1.1.

Current Ratio	1.41
Quick Ratio	1.41
Debt / Equity	1.1
Debt / EBITDA	6.28
Debt / FCF	8.9
Interest Coverage	1.11

Financial Efficiency

Return on Equity is 1.66% and Return on Invested Capital is 11.9%.

Return on Equity	1.66%
Return on Assets	1.22%
Return on Invested Capital	11.9%
Revenue Per Employee	$574.04K
Profits Per Employee	$13.29K
Employee Count	536
Asset Turnover	0.53
Inventory Turnover	n/a

Taxes

Income Tax	-1.88M
Effective Tax Rate	-30.27%

Stock Price Statistics

The stock price has increased by -8.33% in the last 52 weeks. The beta is 1.17, so RE/MAX's price volatility has been higher than the market average.

Beta	1.17
52-Week Price Change	-8.33%
50-Day Moving Average	8.1
200-Day Moving Average	9.41
Relative Strength Index (RSI)	49.74
Average Volume (20 Days)	214,267

Income Statement

In the last 12 months, RE/MAX had revenue of 307.69M and earned 7.12M in profits. Earnings per share was 0.38.

Revenue	307.69M
Gross Profit	228.7M
Operating Income	40.18M
Net Income	7.12M
EBITDA	75.22M
EBIT	42.46M
Earnings Per Share (EPS)	0.38

Full Income Statement

Balance Sheet

The company has 96.62M in cash and 472.07M in debt, giving a net cash position of -375.45M.

Cash & Cash Equivalents	96.62M
Total Debt	472.07M
Net Cash	-375.45M
Retained Earnings	-133.73M
Total Assets	574.8M
Working Capital	80.3M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 59.65M and capital expenditures -6.62M, giving a free cash flow of 53.03M.

Operating Cash Flow	59.65M
Capital Expenditures	-6.62M
Free Cash Flow	53.03M
FCF Per Share	2.82

Full Cash Flow Statement

Margins

Gross margin is 74.33%, with operating and profit margins of 13.06% and 2.32%.

Gross Margin	74.33%
Operating Margin	13.06%
Pretax Margin	2.02%
Profit Margin	2.32%
EBITDA Margin	24.45%
EBIT Margin	13.06%
FCF Margin	17.24%

Dividends & Yields

RMAX pays an annual dividend of $1.15, which amounts to a dividend yield of 5.05%.

Dividend Per Share	$1.15
Dividend Yield	5.05%
Dividend Growth (YoY)	0%
Payout Ratio	234.69%
Earnings Yield	3.55%
FCF Yield	26.46%

Dividend Details

Analyst Forecast

The average price target for RMAX is $9.75, which is 19.8% higher than the current price. The consensus rating is "Hold".

Price Target	$9.75
Price Target Difference	19.8%
Analyst Consensus	Hold
Analyst Count	2

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	$1.9
Lynch Upside	-76.66%
Graham Number	13.97
Graham Upside	71.62%

Scores

Altman Z-Score	0.65
Piotroski F-Score	6

RE/MAX Inc. (RMAX)