RERMAX

時価総額

$1.6億

PER

不動産フランチャイズの世界最大手、創業約50年。フランチャイズ本部、住宅ローン仲介・ローン処理サービス、エージェント支援ツールを展開。2023年にモーゲージ事業ののれんを1,860万米ドルで減損。110カ国以上で展開（2024年時点）。

	2013年 12月31日	2014年 12月31日	2015年 12月31日	2016年 12月31日	2017年 12月31日	2018年 12月31日	2019年 12月31日	2020年 12月31日	2021年 12月31日	2022年 12月31日	2023年 12月31日	2024年 12月31日
Net income (loss)	28	44	51	48	35	50	47	20	-25	11	-98	8
Depreciation and amortization	15	-	-	-	21	21	22	27	31	36	32	30
Equity-based compensation expense	3	2	1	2	3	9	11	16	34	22	20	19
Bad debt expense	1	1	0	1	1	2	5	3	-1	3	7	1
Deferred income tax expense (benefit)	0	2	3	3	46	10	2	2	-3	-0	49	-2
Fair value adjustments to contingent consideration	-	-	-	-	0	-1	0	1	0	-0	-1	-0
Settlement charge	-	-	-	-	-	-	-	-	-	-	55	5
Goodwill, Impairment Loss	-	-	-	-	-	-	-	-	5	7	19	-
Operating Lease, Impairment Loss	-	-	-	-	-	-	-	8	-	6	-	-
Loss on sale or disposition of assets, net	-0	0	3	-0	-4	0	-0	-	-	-1	-0	-0
Non-cash lease benefit	-	-	-	-	-	-	-	-1	-1	-	-3	-3
Non-cash loss on lease termination	-	-	-	-	-	-	-	-	-	-1	-	-
Non-cash debt charges	-	-	-	-	-	-	-	-	-	1	1	1
Payment of contingent consideration in excess of acquisition date fair value	-	-	-	-	-	-	-	-	-	-	-	0
Change in estimated tax receivable agreement liability	-	-	-	-	-	-	-	-	-	-	-	1
Other, net	-	-	-	-	-1	-1	-1	-1	-1	-0	-0	0
Accounts and notes receivable, current portion	1	1	1	4	3	3	6	3	-3	-3	8	-8
Other current and noncurrent assets	1	-0	-1	-0	2	-2	6	11	2	-5	-6	-1
Other current and noncurrent liabilities	2	1	7	-3	2	-3	7	9	12	-18	-20	2
Payments pursuant to tax receivable agreements	-	-	-	-	-	-	-	-4	-3	-3	-0	-1
Income taxes receivable/payable	-	-	-	-0	-1	1	0	2	-10	-1	0	-7
Increase (Decrease) in Deferred Revenue	-0	1	1	-0	3	-	-	0	0	0	-5	-3
Net cash provided by operating activities	50	-	-	-	63	76	79	71	42	71	28	60
Purchases of property, equipment and capitalization of software	-	-	4	4	2	8	13	7	15	10	6	7
Other	-	-	-	-	-	-	1	-	-0	2	-1	-1
Net cash used in investing activities	-29	-	-	-	-38	-34	-1	-18	-195	-11	-6	-6
Payments on debt	235	17	9	203	2	-	-	3	227	5	5	5
Distributions paid to non-controlling unitholders	-	-	-	18	17	15	15	14	14	14	9	-
Dividends and dividend equivalents paid to Class A common stockholders	-	3	24	11	13	14	15	16	18	18	14	1
Payments related to tax withholding for share-based compensation	-	2	0	1	1	1	1	3	5	7	4	3
Common shares repurchased	-	-	-	-	-	-	-	-	-	34	3	-
Payment of contingent consideration	-	-	-	-	-	0	0	0	1	1	1	-
Other financing	-	-	-	-	-	-	-	-	-	-	-	0
Net cash used in financing activities	-2	-	-	-	-33	-33	-35	-36	189	-78	-36	-8
Effect of exchange rate changes on cash	-	-	-	-	-	-0	0	0	0	-2	1	-2
Net increase (decrease) in cash, cash equivalents and restricted cash	-	-	-	-	-	9	44	18	37	-20	-12	44
Cash paid for interest	-	-	-	-	10	12	12	9	11	20	35	36
Income Taxes Paid, Net	-	9	-	-	-	-	-	5	15	7	7	7
Payments For Lease Termination	-	-	-	-	-	-	-	-	-	1	-	0