RE/MAX HOLDINGS-A

BE:2RM Germany Other
Market Cap
$59.80K
€58.25K EUR
Market Cap Rank
#41961 Global
#6445 in Germany
Share Price
€6.35
Change (1 day)
-0.78%
52-Week Range
€6.10 - €8.60
All Time High
€47.29
About

RE/MAX HOLDINGS-A operates in Diversified Metals & Mining.

RE/MAX HOLDINGS-A (2RM) - Total Assets

Latest total assets as of September 2024: €578.65 Million EUR

Based on the latest financial reports, RE/MAX HOLDINGS-A (2RM) holds total assets worth €578.65 Million EUR as of September 2024.

Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

RE/MAX HOLDINGS-A - Total Assets Trend (2016–2023)

This chart illustrates how RE/MAX HOLDINGS-A’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

RE/MAX HOLDINGS-A - Asset Composition Analysis

Current Asset Composition (December 2023)

RE/MAX HOLDINGS-A's total assets of €578.65 Million consist of 30.6% current assets and 69.4% non-current assets.

Asset Category Amount (EUR) % of Total Assets
Cash & Equivalents €0.00 14.3%
Accounts Receivable €33.43 Million 5.8%
Inventory €0.00 0.0%
Property, Plant & Equipment €0.00 0.0%
Intangible Assets €120.69 Million 20.9%
Goodwill €241.16 Million 41.8%

Asset Composition Trend (2016–2023)

This chart illustrates how RE/MAX HOLDINGS-A's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: RE/MAX HOLDINGS-A's current assets represent 30.6% of total assets in 2023, an increase from 18.6% in 2016.
  • Cash Position: Cash and equivalents constituted 14.3% of total assets in 2023, up from 13.2% in 2016.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 61.0% of total assets, an increase from 55.0% in 2016.
  • Asset Diversification: The largest asset category is goodwill at 41.8% of total assets.

RE/MAX HOLDINGS-A Competitors by Total Assets

Key competitors of RE/MAX HOLDINGS-A based on total assets are shown below.

Company Country Total Assets
XIWANG SPECIAL STEE (2XI.SG)
STU:2XI
Germany €15.07 Billion
LINDT & SPRUENGLI N - Dusseldorf Stock Exchang
DU:LSPN
Germany €7.86 Billion
PRICELINE.COM
BE:PCE1
Germany €27.98 Billion
PRICELINE GROUP (PCE1.SG)
STU:PCE1
Germany €27.98 Billion
MURPHY USA
BE:1MU
Germany €4.40 Billion
RESMED (RME.SG)
STU:RME
Germany €7.22 Billion
DIOS EXPLORATIONS
BE:BFM
Germany €7.25 Million
CHINA YUCHAI INTL (CYD.SG)
STU:CYD
Germany €25.76 Billion

RE/MAX HOLDINGS-A - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 0.40 - 0.56

Moderate asset utilization - RE/MAX HOLDINGS-A generates 0.56x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -11.96% - 6.34%

Negative ROA - RE/MAX HOLDINGS-A is currently not profitable relative to its asset base.

RE/MAX HOLDINGS-A - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 1.37 1.14 1.33
Quick Ratio 1.37 1.14 1.33
Cash Ratio 0.00 0.00 0.00
Working Capital €54.19 Million € 21.30 Million € 35.78 Million

RE/MAX HOLDINGS-A - Advanced Valuation Insights

This section examines the relationship between RE/MAX HOLDINGS-A's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio -
Latest Market Cap to Assets Ratio 0.00
Asset Growth Rate (YoY) -17.0%
Total Assets €577.15 Million
Market Capitalization $60.64K USD

Valuation Analysis

Below Book Valuation: The market values RE/MAX HOLDINGS-A's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: RE/MAX HOLDINGS-A's assets decreased by 17.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for RE/MAX HOLDINGS-A (2016–2023)

The table below shows the annual total assets of RE/MAX HOLDINGS-A from 2016 to 2023.

Year Total Assets Change
2023-12-31 €577.15 Million -16.98%
2022-12-31 €695.23 Million -10.42%
2021-12-31 €776.13 Million +42.05%
2020-12-31 €546.37 Million +0.74%
2019-12-31 €542.35 Million +27.06%
2018-12-31 €426.84 Million +4.99%
2017-12-31 €406.56 Million -7.00%
2016-12-31 €437.15 Million --