RE/MAX Holdings (HAM:2RM) Return-on-Tangible-Asset: -14.97% (As of Mar. 2026)


HAM:2RM RE/MAX Holdings Inc HAM:2RM
47 GF Score
Price €9.68
GF Value €7.21
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is RE/MAX Holdings Return-on-Tangible-Asset?

RE/MAX Holdings HAM:2RM -1.73% 47 Return-on-Tangible-Asset is -14.97% as of Mar. 2026. GuruFocus rates HAM:2RM with a GF Score™ of 47/100 and a GF Value™ of €7.21 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,800 Real Estate companies, RE/MAX Holdings ranks worse than 66.72% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. RE/MAX Holdings's annualized Net Income for the quarter that ended in Mar. 2026 was €-33.7 Mil. RE/MAX Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was €225.1 Mil. Therefore, RE/MAX Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -14.97%.

The historical rank and industry rank for RE/MAX Holdings's Return-on-Tangible-Asset or its related term are showing as below:

HAM:2RM' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -27.28   Med: 3.65   Max: 18.01
Current: 0.14

During the past 13 years, RE/MAX Holdings's highest Return-on-Tangible-Asset was 18.01%. The lowest was -27.28%. And the median was 3.65%.

HAM:2RM's Return-on-Tangible-Asset is ranked worse than
66.72% of 1800 companies
in the Real Estate industry
Industry Median: 1.77 vs HAM:2RM: 0.14

RE/MAX Holdings  (HAM:2RM) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


RE/MAX Holdings Return-on-Tangible-Asset Related Terms


RE/MAX Holdings Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for RE/MAX Holdings's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset Chart

RE/MAX Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.28 2.03 -26.83 3.12 3.00

RE/MAX Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset 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 -3.12 7.37 6.19 2.19 -14.97

HAM:2RM vs NEN, DOUG, CHCI: Return-on-Tangible-Asset Comparison

For the Real Estate Services subindustry, RE/MAX Holdings's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Real Estate Industry

For the Real Estate industry and Real Estate sector, RE/MAX Holdings's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where RE/MAX Holdings's Return-on-Tangible-Asset falls into.


HAM:2RM
47GF Score
RE/MAX Holdings Inc HAM:2RM
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RE/MAX Holdings Return-on-Tangible-Asset Calculation

RE/MAX Holdings's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=6.963/( (238.546+226.352)/ 2 )
=6.963/232.449
=3.00 %

RE/MAX Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-33.704/( (226.352+223.786)/ 2 )
=-33.704/225.069
=-14.97 %

* 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.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of -14.97% mean?
RE/MAX Holdings (HAM:2RM) has a Return-on-Tangible-Asset of -14.97% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on RE/MAX Holdings and its competitors. According to the industry distribution chart, RE/MAX Holdings ranks #1201 out of 1800 companies in the Real Estate industry, placing it in the top 66.7%.
Is RE/MAX Holdings' Return-on-Tangible-Asset too high?
RE/MAX Holdings' current Return-on-Tangible-Asset is -14.97%. Based on the distribution chart, RE/MAX Holdings ranks #1201 out of 1800 companies in the Real Estate industry, which is below the industry midpoint. Overall, RE/MAX Holdings has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does RE/MAX Holdings' Return-on-Tangible-Asset compare to NEN and DOUG?
According to the Real Estate industry distribution chart, RE/MAX Holdings ranks #1201 out of 1800 companies for Return-on-Tangible-Asset. This places RE/MAX Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.77. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.77, based on 1,800 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on RE/MAX Holdings and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RE/MAX Holdings's current Return-on-Tangible-Asset is -14.97%. 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 (HAM:2RM) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.21, compared to a current price of €9.68 — trading 34.3% above its estimated fair value. The current Return-on-Tangible-Asset is -14.97%. RE/MAX Holdings' overall GF Score™ is 47/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For RE/MAX Holdings (HAM:2RM), the current Return-on-Tangible-Asset is -14.97% as of Mar. 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 (HAM:2RM) Overvalued in 2026?

Based on GuruFocus' analysis, RE/MAX Holdings stock appears to be overvalued. The current stock price of €9.68 is trading 34.3% above its estimated GF Value™ of €7.21. GuruFocus considers RE/MAX Holdings to be Significantly Overvalued.

Key valuation signals for HAM:2RM:

  • Return-on-Tangible-Asset: -14.97%
  • GF Value™: €7.21 vs. price of €9.68 (34.3% above fair value)
  • GF Score™: 47/100 with 8 warning signs

No single metric tells the full story. See the HAM: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:USA2RM:Germany
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.
47GF Score

Get the complete analysis for HAM:2RM

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€9.68
Price
€7.21
GF Value