Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
RMAX
STRONG BUYFLAGRE/MAX Holdings, Inc. · Real Estate · United States · $516M · Avg Vol: $4M/d
RE/MAX Holdings franchises real estate brokerages, an asset-light model, but agent counts have been declining, the group carries substantial debt against reduced earnings, and it settled major antitrust litigation over commission practices that has since reshaped US brokerage economics. Quality is modest (Q60). Those are specific, disclosed issues, so this is a flag.
COMPANY DESCRIPTION
RE/MAX Holdings, Inc. is one of the world's leading franchisors of real estate brokerage services. The company operates an asset-light business model, generating recurring revenue through franchise fees and agent dues rather than direct brokerage operations. Its competitive moat is anchored by its globally recognized brand and a vast network of highly productive, independent real estate agents.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 353.4M | 325.7M | 307.7M | 291.6M | -6.2% | 287.4M | 295.2M | 302.4M | 1.8% |
| EPS | 0.26 | -3.81 | 0.38 | 0.41 | 16.4% | — | 0.41 | 0.45 | 4.8% |
| Shares | 17.9M | 18.3M | 19.0M | 20.1M | +12.4% | 21.3M | — | — | — |
| Debt | 493.4M | 484.0M | 472.1M | 459.5M | -2.3% | 456.9M | — | — | — |
| Equity | 481.2M | 411.1M | 429.5M | 452.4M | -2.0% | — | — | — | — |
| Op CF | 71.1M | 28.3M | 59.7M | 40.9M | -16.9% | 33.4M | — | — | — |
| Inv CF | -11.5M | -5.6M | -5.9M | -7.8M | — | — | — | — | — |
| Fin CF | -78.4M | -35.8M | -8.3M | -10.8M | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Real Estate, ranked by industry match, size, and score similarity. Cross-listings of RMAX are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| RMAX | RE/MAX Holdings, Inc.(you) | $516M | 91 | STRONG BUY |
| RMR | The RMR Group Inc. | $342M | 96 | STRONG BUY |
| CHCI | Comstock Holding Companies, Inc. | $152M | 88 | STRONG BUY |
| STHO | Star Holdings | $112M | 89 | STRONG BUY |
| MMI | Marcus & Millichap, Inc. | $1.1B | 56 | HOLD |
| SEG | Seaport Entertainment Group Inc. | $333M | 38 | HOLD |
| NMRK | Newmark Group, Inc. | $3.8B | 66 | BUY |
| AGNT | AGNT, Inc | $665M | 30 | SELL |
| REAX | The Real Brokerage Inc. | $368M | 26 | SELL |
| JLL | Jones Lang LaSalle Incorporated | $15.1B | 98 | STRONG BUY |
Peer medians: ROE 5.0% · P/E 26.8x · Gross margin 66.1%