RE/MAX Holdings (FRA:2RM) Earnings Yield (Joel Greenblatt) %: 41.15% (As of Jun. 2026) — 208% Above Median

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FRA:2RM RE/MAX Holdings Inc FRA:2RM
67 GF Score
Price €9.76
GF Value €6.05
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is RE/MAX Holdings Earnings Yield (Joel Greenblatt) %?

RE/MAX Holdings FRA:2RM +0.62% 67 Earnings Yield (Joel Greenblatt) % is 41.15% as of Jun. 2026, which is 208% above its 10-year median of 13.35. GuruFocus rates FRA:2RM with a GF Score™ of 67/100 and a GF Value™ of €6.05 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,828 Real Estate companies, RE/MAX Holdings ranks better than 92.18% on this metric.

RE/MAX Holdings's Enterprise Value for the quarter that ended in Jun. 2026 was €54.3 Mil. RE/MAX Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €21.2 Mil. RE/MAX Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 41.15%.

The historical rank and industry rank for RE/MAX Holdings's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

FRA:2RM' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -29498.85   Med: 13.35   Max: 1357.78
Current: 22.94

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of RE/MAX Holdings was 1357.78%. The lowest was -29498.85%. And the median was 13.35%.

FRA:2RM's Earnings Yield (Joel Greenblatt) % is ranked better than
92.18% of 1828 companies
in the Real Estate industry
Industry Median: 4.865 vs FRA:2RM: 22.94

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. RE/MAX Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 32.41%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


RE/MAX Holdings  (FRA:2RM) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


RE/MAX Holdings Earnings Yield (Joel Greenblatt) % Related Terms


RE/MAX Holdings Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for RE/MAX Holdings's Earnings Yield (Joel Greenblatt) % 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.

RE/MAX Holdings Earnings Yield (Joel Greenblatt) % Chart

RE/MAX Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.11 14.53 -3.68 47.17 434.78

RE/MAX Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Earnings Yield (Joel Greenblatt) % 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 84.03 72.99 434.78 -238.10 41.15

FRA:2RM vs NEN, ARL, DOUG: Earnings Yield (Joel Greenblatt) % Comparison

For the Real Estate Services subindustry, RE/MAX Holdings's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, RE/MAX Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where RE/MAX Holdings's Earnings Yield (Joel Greenblatt) % falls into.


FRA:2RM
67GF Score
RE/MAX Holdings Inc FRA:2RM
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RE/MAX Holdings Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

RE/MAX Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=43.834/7.48325
=585.76 %

RE/MAX Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €21.2 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 41.15% mean?
RE/MAX Holdings (FRA:2RM) has a Earnings Yield (Joel Greenblatt) % of 41.15% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on RE/MAX Holdings and its competitors. This is 208% above median its historical median of 13.35. According to the industry distribution chart, RE/MAX Holdings ranks #143 out of 1828 companies in the Real Estate industry, placing it in the top 7.8%.
Is RE/MAX Holdings' Earnings Yield (Joel Greenblatt) % too high?
RE/MAX Holdings' current Earnings Yield (Joel Greenblatt) % of 41.15% is 208% above median its 10-year median of 13.35. The Real Estate industry median Earnings Yield (Joel Greenblatt) % is 4.87. RE/MAX Holdings' value of 41.15% is 745.8% above this industry median. Based on the distribution chart, RE/MAX Holdings ranks #143 out of 1828 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, RE/MAX Holdings has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does RE/MAX Holdings' Earnings Yield (Joel Greenblatt) % compare to NEN and ARL?
According to the Real Estate industry distribution chart, RE/MAX Holdings ranks #143 out of 1828 companies for Earnings Yield (Joel Greenblatt) %. This places RE/MAX Holdings in the top 8% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 4.87. RE/MAX Holdings' value of 41.15% is 745.8% above this benchmark. While the company's 10-year median is 13.35 vs. the industry median of 4.87, RE/MAX Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Real Estate company?
The median Earnings Yield (Joel Greenblatt) % among Real Estate companies is 4.87, based on 1,828 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. RE/MAX Holdings's current Earnings Yield (Joel Greenblatt) % of 41.15% is 745.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on RE/MAX Holdings and its competitors. For the Real Estate industry, the median Earnings Yield (Joel Greenblatt) % is 4.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RE/MAX Holdings's current Earnings Yield (Joel Greenblatt) % is 41.15%, which is 208% above median its own 10-year median of 13.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RE/MAX Holdings stock overvalued right now?
Based on GuruFocus' analysis, RE/MAX Holdings (FRA:2RM) is currently considered Significantly Overvalued. The stock's GF Value™ is €6.05, compared to a current price of €9.76 — trading 61.3% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 41.15%, which is 208% above median its 10-year median of 13.35 and 745.8% above the Real Estate industry median of 4.87. RE/MAX Holdings' overall GF Score™ is 67/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For RE/MAX Holdings (FRA:2RM), the current Earnings Yield (Joel Greenblatt) % is 41.15% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is RE/MAX Holdings (FRA:2RM) Overvalued in 2026?

Based on GuruFocus' analysis, RE/MAX Holdings stock appears to be overvalued. The current stock price of €9.76 is trading 61.3% above its estimated GF Value™ of €6.05. GuruFocus considers RE/MAX Holdings to be Significantly Overvalued.

Key valuation signals for FRA:2RM:

  • Earnings Yield (Joel Greenblatt) %: 41.15% (208% above median its 10-year median of 13.35)
  • GF Value™: €6.05 vs. price of €9.76 (61.3% above fair value)
  • GF Score™: 67/100 with 6 warning signs
  • Industry Position: 745.8% above the Real Estate median (#143 of 1828)

No single metric tells the full story. See the FRA:2RM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RE/MAX Holdings Business Description

Other Exchanges RMAX:USA
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 Others. It generates maximum revenue from the Real Estate segment.
67GF Score

Get the complete analysis for FRA:2RM

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€9.76
Price
€6.05
GF Value