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RE/MAX Holdings (RE/MAX Holdings) Cyclically Adjusted Price-to-FCF : 1.96 (As of May. 27, 2024)


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What is RE/MAX Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-05-27), RE/MAX Holdings's current share price is $8.22. RE/MAX Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $4.19. RE/MAX Holdings's Cyclically Adjusted Price-to-FCF for today is 1.96.

The historical rank and industry rank for RE/MAX Holdings's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

RMAX' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.68   Med: 4.27   Max: 7.43
Current: 1.96

During the past years, RE/MAX Holdings's highest Cyclically Adjusted Price-to-FCF was 7.43. The lowest was 1.68. And the median was 4.27.

RMAX's Cyclically Adjusted Price-to-FCF is ranked better than
91.79% of 694 companies
in the Real Estate industry
Industry Median: 12.575 vs RMAX: 1.96

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

RE/MAX Holdings's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.366. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $4.19 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


RE/MAX Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for RE/MAX Holdings's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

RE/MAX Holdings Cyclically Adjusted Price-to-FCF Chart

RE/MAX Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 6.92 4.10 3.17

RE/MAX Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.15 4.40 2.99 3.17 2.09

Competitive Comparison of RE/MAX Holdings's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, RE/MAX Holdings's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


RE/MAX Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, RE/MAX Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where RE/MAX Holdings's Cyclically Adjusted Price-to-FCF falls into.



RE/MAX Holdings Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

RE/MAX Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=8.22/4.19
=1.96

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

RE/MAX Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, RE/MAX Holdings's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.366/131.7762*131.7762
=0.366

Current CPI (Mar. 2024) = 131.7762.

RE/MAX Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.363 100.560 1.786
201409 1.571 100.428 2.061
201412 1.175 99.070 1.563
201503 1.234 99.621 1.632
201506 1.648 100.684 2.157
201509 1.789 100.392 2.348
201512 1.107 99.792 1.462
201603 0.628 100.470 0.824
201606 0.783 101.688 1.015
201609 1.179 101.861 1.525
201612 0.796 101.863 1.030
201703 0.759 102.862 0.972
201706 1.026 103.349 1.308
201709 1.130 104.136 1.430
201712 0.531 104.011 0.673
201803 0.725 105.290 0.907
201806 1.103 106.317 1.367
201809 1.081 106.507 1.337
201812 0.933 105.998 1.160
201903 1.038 107.251 1.275
201906 0.398 108.070 0.485
201909 1.092 108.329 1.328
201912 1.149 108.420 1.397
202003 0.648 108.902 0.784
202006 0.085 108.767 0.103
202009 1.398 109.815 1.678
202012 1.336 109.897 1.602
202103 0.872 111.754 1.028
202106 0.335 114.631 0.385
202109 -0.972 115.734 -1.107
202112 1.203 117.630 1.348
202203 0.665 121.301 0.722
202206 1.044 125.017 1.100
202209 1.095 125.227 1.152
202212 0.429 125.222 0.451
202303 0.088 127.348 0.091
202306 -0.118 128.729 -0.121
202309 0.880 129.860 0.893
202312 0.354 129.419 0.360
202403 0.366 131.776 0.366

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


RE/MAX Holdings  (NYSE:RMAX) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


RE/MAX Holdings Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of RE/MAX Holdings's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


RE/MAX Holdings (RE/MAX Holdings) Business Description

Industry
Traded in Other Exchanges
Address
5075 South Syracuse Street, Denver, CO, USA, 80237
RE/MAX Holdings Inc operates as a franchisor of real estate brokerage services. It recruits and retains agents and sells franchises. The company's operating segments include Real Estate, Mortgage, Marketing Funds, and Other. It generates maximum revenue from the Real Estate segment.
Executives
Magnolia Capital Fund, Lp 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Leah R Jenkins officer: VP, Chief Accounting Officer 5075 S. SYRACUSE ST., DENVER CO 80237
Kathleen J Cunningham director 5075 S. SYRACUSE ST., DENVER CO 80237
Norman K. Jenkins director 9211 GLADYS FARM WAY, GAITHERSBURG MD 20882
Adam W Grosshans officer: VP, Chief Accounting Officer 5075 S SYRACUSE ST, DENVER CO 80218
Katherine Lee Scherping director 6312 SOUTH FIDDLERS GREEN CIRCLE, SUITE 200 NORTH, GREENWOOD VILLAGE CO 80111
Ronald E. Harrison director 5075 S. SYRACUSE ST., DENVER CO 80237
William Grady Ligon officer: Chief Information Officer 5075 S. SYRACUSE ST., DENVER CO 80237
Susan L Winders officer: Vice President General Counsel 5075 S. SYRACUSE ST., DENVER CO 80237
Adam K Peterson 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Magnolia Group, Llc 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Annita M Menogan director 5075 S. SYRACUSE ST., DENVER CO 80237
Brett A Ritchie officer: VP, Chief Accounting Officer 5075 S. SYRACUSE ST., DENVER CO 80237
Daniel J. Predovich director 5075 S. SYRACUSE ST., DENVER CO 80237
Laura G. Kelly director PO BOX 807, 663 HIGHWAY 60, MONETT MO 65708