RE/MAX Holdings, Inc.

RE/MAX Holdings, Inc.

RMAXยทNYSE

$9.21

+1.3%
Real EstateReal Estate - Services

RE/MAX Holdings, Inc. operates as a franchisor of real estate and mortgage brokerage services in the United States, Canada, and internationally. The company operates through three segments: Real Estate, Mortgage, and Marketing Funds. It offers real estate brokerage franchising services under the RE/MAX brand; mortgage brokerage services to real estate brokers, real estate professionals, mortgage professionals, and other investors under the Motto Mortgage brand; and mortgage loan processing software and services under the wemlo brand. In addition, the company provides First mobile app, which integrates a suite of digital products that enables agents, brokers, and teams to establish and manage client relationships; RE/MAX University platform, a learning hub designed to help each agent in their professional expertise; and Booj platform. The company was founded in 1973 and is headquartered in Denver, Colorado.

At a Glance

Live Snapshot
Market Cap$185.54M
EPS0.4100
P/E Ratio18.48
Earnings Date08/04/2026
RE/MAX Holdings, Inc.

RE/MAX Holdings, Inc. Fair Value Envelope

RMAX ยท NYSE

Our analysis suggests that RMAX has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $9.21, this represents a potential HIDDEN relative to our calculated worth for RE/MAX Holdings, Inc..

Intrinsic Value
Current Price: $9.21

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$58.4M
+ Cash & Equivalents$118.7M
Firm Value$177.2M
- Debt$459.5M
Equity Value-$282.3M
/ Shares Outstanding20,029,994B
DCF Value-$14
OVERVALUED BY 253%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$25.8M
$16.3M
$10.3M
$6.5M
$4.1M
$2.6M
$1.6M
$1.0M
$655.6K
$414.2K
Maintenance CapEx
-$931.8K
-$588.7K
-$371.9K
-$235.0K
-$148.5K
-$93.8K
-$59.3K
-$37.4K
-$23.7K
-$14.9K
Owner Earnings
$24.9M
$15.7M
$9.9M
$6.3M
$4.0M
$2.5M
$1.6M
$1.0M
$632.0K
$399.3K
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$23.1M
$13.5M
$7.9M
$4.6M
$2.7M
$1.6M
$923.8K
$540.4K
$316.1K
$184.9K
Terminal Value represents 5.4% of Enterprise Value