# RE/MAX Holdings Inc. (RMAX) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Real Estate / Real Estate Management & Development. Price $12.36, market value $681 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). RE/MAX Holdings Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 2.4×**. Each dollar of revenue is priced at 2.4×.
- **Price / book: 0.6×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 21.9×**. Enterprise value is 21.9× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: 3.8%**. Free cash flow equals 3.8% of the market value.

## Profitability
- **Operating margin: 7.5%**. 7.5% of revenue is left after running the business.
- **Net margin: 4.6%**. 4.6% of each dollar of sales reaches the bottom line.
- **Return on equity: 3.0%**. 3.0% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 2.2%**. Return on all capital, debt included, is 2.2%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -0.6%**. Each dollar of assets produces -0.6% of profit.

## Growth
- **Revenue growth (1 yr): -5.2%** (3-yr -6.2%/yr, 5-yr 1.9%/yr). Revenue fell 5.2% over the last year, against 1.9% a year compounded over five years: growth is slowing.
- **Free-cash-flow growth (3 yr): -18.2%/yr**. Free cash flow has compounded at -18.2% a year over three years.

## Financial health
- **Debt to equity: 0.97**. Debt is 0.97 times equity, moderate leverage.
- **Net debt / EBITDA: 7.0×**. It would take 7.0 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Altman Z-score: 2.52**. A Z-score of 2.52 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. RE/MAX Holdings Inc. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: buy** (2 analysts). 2 analysts cover RE/MAX Holdings Inc.; the consensus is buy, with an average price target of $11.40 (-8% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 33.3%** (YTD 62.8%, 3-mo 31.8%). The shares are up 33.3% over twelve months including dividends.
- **From 52-week high: -15.5%** (126.4% above the low). Trading 16% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 56**. An RSI of 56 is neutral.
- **Beta (1 yr): 1.10** (volatility 59%). Beta of 1.10 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=RMAX · Page: https://foliofundamentals.com/stocks/rmax

Not investment advice.