Discounted Cash Flow

Re/Max Holdings, Inc.

RMAX · Based on 10 years of SEC filings

DCF estimate unavailable — loss_in_2023

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $176.3m $22.7m $64.4m 12.9% $1.29
2017 $195.9m (11.1%) $12.8m (-43.6%) $63.3m (-1.7%) 6.5% (-49.3%) $0.72 (-44.2%)
2018 $212.6m (8.5%) $27.0m (111.0%) $76.1m (20.2%) 12.7% (94.5%) $1.52 (111.1%)
2019 $282.3m (32.8%) $25.0m (-7.4%) $79.0m (3.8%) 8.9% (-30.3%) $0.84 (-44.7%)
2020 $266.0m (-5.8%) $11.2m (-55.1%) $70.8m (-10.3%) 4.2% (-52.3%) $0.62 (-26.2%)
2021 $329.7m (23.9%) $-15.6m (-238.8%) $42.4m (-40.1%) -4.7% (-212.0%) $0.92 (48.4%)
2022 $353.4m (7.2%) $6.1m (139.1%) $6.1m (-85.6%) 1.7% (136.5%) $0.92 (0.0%)
2023 $325.7m (-7.8%) $-69.0m (-1229.7%) $21.8m (257.5%) -21.2% (-1325.8%) $0.69 (-25.0%)
2024 $307.7m (-5.5%) $7.1m (110.3%) $53.0m (142.8%) 2.3% (110.9%) $0.38 (-44.9%)
2025 $291.6m (-5.2%) $13.4m (88.6%) $33.5m (-36.8%) 4.6% (99.0%) $0.41 (7.9%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model

loss_in_2023

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.