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Redfin (Redfin) Enterprise Value

: $1,532 Mil (As of Today)
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Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Redfin's Enterprise Value is $1,532 Mil. Redfin's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-119 Mil. Therefore, Redfin's EV-to-EBIT ratio for today is -12.83.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Redfin's Enterprise Value is $1,532 Mil. Redfin's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $-57 Mil. Therefore, Redfin's EV-to-EBITDA ratio for today is -27.10.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Redfin's Enterprise Value is $1,532 Mil. Redfin's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $1,088 Mil. Therefore, Redfin's EV-to-Revenue ratio for today is 1.41.


Redfin Enterprise Value Historical Data

The historical data trend for Redfin's Enterprise Value 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.

Redfin Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,878.08 6,647.16 5,036.71 1,498.13 2,069.34

Redfin Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value 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 Premium Member Only Premium Member Only Premium Member Only 1,498.13 1,942.00 2,372.23 1,663.20 2,069.34

Competitive Comparison

For the Real Estate Services subindustry, Redfin's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Redfin Enterprise Value Distribution

For the Real Estate industry and Real Estate sector, Redfin's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Redfin's Enterprise Value falls into.



Redfin Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Redfin's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Redfin's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* 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.


Redfin  (NAS:RDFN) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Redfin's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1531.773/-119.377
=-12.83

Redfin's current Enterprise Value is $1,532 Mil.
Redfin's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-119 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Redfin's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1531.773/-56.526
=-27.10

Redfin's current Enterprise Value is $1,532 Mil.
Redfin's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-57 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Redfin's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1531.773/1088.25
=1.41

Redfin's current Enterprise Value is $1,532 Mil.
Redfin's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,088 Mil.

* 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.


Redfin Enterprise Value Related Terms

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Redfin (Redfin) Business Description

Traded in Other Exchanges
Address
1099 Stewart Street, Suite 600, Seattle, WA, USA, 98101
Redfin Corp is a residential real estate broker. It pairs their own agents with the technology to create a service that is faster and costs less. The company meet customers through listings-search website and mobile application. The company uses same combination of technology and local service to originate mortgage loans and offer title and settlement services. It has four reportable segment which are real estate services, properties, rentals, and mortgage. The company generates majority of the revenue from Real estate services.
Executives
Christopher John Nielsen officer: Chief Financial Officer C/O REDFIN CORPORATION, 1099 STEWART STREET, SUITE 600, SEATTLE WA 98101
Bridget Frey officer: Chief Technology Officer C/O REDFIN CORPORATION, 1099 STEWART STREET, SUITE 600, SEATTLE WA 98101
Anna Stevens officer: Chief Human Resources Officer 3400 CUMBERLAND BOULEVARD, ATLANTA GA 30339
Anthony Ray Kappus officer: Chief Legal Officer C/O REDFIN CORPORATION, 1099 STEWART STREET, SUITE 600, SEATTLE WA 98101
Christian John Taubman officer: Chief Product Officer C/O REDFIN CORPORATION, 1099 STEWART STREET SUITE 600, SEATTLE WA 98101
James Slavet director C/O DFJ VENTURE CAPITAL, 2882 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Glenn Kelman director, officer: See Remarks 500 SANSOME STREET, SAN FRANCISCO CA 94111
David H Lissy director C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 2 WELLS AVENUE, NEWTON MA 02459
Bradley E Singer director ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Mylod Robert J Jr director
Scott Nagel officer: See Remarks C/O REDFIN CORPORATION, 1099 STEWART STREET, SUITE 600, SEATTLE WA 98101
Adam Wiener officer: Chief Growth Officer C/O REDFIN CORPORATION, 1099 STEWART STREET, SUITE 600, SEATTLE WA 98101
Selina Tobaccowala director C/O REDFIN CORPORATION, 1099 STEWART STREET, SUITE 600, SEATTLE WA 98101
Kerry D Chandler director 1020 HULL STREET, BALTIMORE MD 21230
Robert J Bass director C/O GROUPON, INC., 600 WEST CHICAGO AVENUE, SUITE 620, CHICAGO IL 60654