REDFIN CORP (RDFN)
US75737F1084 - Common Stock
RDFN gets a fundamental rating of 1 out of 10. The analysis compared the fundamentals against 65 industry peers in the Real Estate Management & Development industry. Both the profitability and financial health of RDFN have multiple concerns. RDFN is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year RDFN has reported negative net income.
In the past year RDFN has reported a negative cash flow from operations.
RDFN had negative earnings in each of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: RDFN reported negative operating cash flow in multiple years.
1.2 Ratios
RDFN has a worse Return On Assets (-13.23%) than 70.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -13.23% | ||
| ROE | N/A | ||
| ROIC | N/A |
ROA(3y)-12.55%
ROA(5y)-10.58%
ROE(3y)-217%
ROE(5y)-135.8%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Gross Margin of RDFN (34.95%) is better than 63.93% of its industry peers.
RDFN's Gross Margin has improved in the last couple of years.
RDFN does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 34.95% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y8.84%
GM growth 5Y6.61%
2. Health
2.1 Basic Checks
RDFN does not have a ROIC to compare to the WACC, probably because it is not profitable.
RDFN has more shares outstanding than it did 1 year ago.
RDFN has more shares outstanding than it did 5 years ago.
The debt/assets ratio for RDFN is higher compared to a year ago.
2.2 Solvency
RDFN has an Altman-Z score of -0.07. This is a bad value and indicates that RDFN is not financially healthy and even has some risk of bankruptcy.
RDFN's Altman-Z score of -0.07 is on the low side compared to the rest of the industry. RDFN is outperformed by 73.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.07 |
ROIC/WACCN/A
WACC5.39%
2.3 Liquidity
A Current Ratio of 1.50 indicates that RDFN should not have too much problems paying its short term obligations.
RDFN has a Current ratio of 1.50. This is comparable to the rest of the industry: RDFN outperforms 49.18% of its industry peers.
A Quick Ratio of 1.50 indicates that RDFN should not have too much problems paying its short term obligations.
The Quick ratio of RDFN (1.50) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.5 | ||
| Quick Ratio | 1.5 |
3. Growth
3.1 Past
RDFN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 47.76%, which is quite impressive.
Looking at the last year, RDFN shows a very negative growth in Revenue. The Revenue has decreased by -17.90% in the last year.
The Revenue has been growing by 14.94% on average over the past years. This is quite good.
EPS 1Y (TTM)47.76%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-64.71%
Revenue 1Y (TTM)-17.9%
Revenue growth 3Y3.3%
Revenue growth 5Y14.94%
Sales Q2Q%3.37%
3.2 Future
RDFN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.19% yearly.
RDFN is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.84% yearly.
EPS Next Y14.44%
EPS Next 2Y-125.2%
EPS Next 3Y14.8%
EPS Next 5Y11.19%
Revenue Next Year-4.07%
Revenue Next 2Y2.68%
Revenue Next 3Y5.15%
Revenue Next 5Y8.84%
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
RDFN reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year RDFN is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
RDFN's earnings are expected to grow with 14.80% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-125.2%
EPS Next 3Y14.8%
5. Dividend
5.1 Amount
RDFN does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
REDFIN CORP
NASDAQ:RDFN (1/3/2025, 8:00:01 PM)
After market: 7.941 +0.01 (+0.14%)7.93
+0.14 (+1.8%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners55.08%
Inst Owner Change14.67%
Ins Owners4.39%
Ins Owner Change2.9%
Market Cap983.16M
Analysts53.64
Price Target9.37 (18.16%)
Short Float %13.42%
Short Ratio3.03
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-10.6%
Min EPS beat(2)-35.52%
Max EPS beat(2)14.32%
EPS beat(4)3
Avg EPS beat(4)-2.64%
Min EPS beat(4)-35.52%
Max EPS beat(4)14.32%
EPS beat(8)7
Avg EPS beat(8)5%
EPS beat(12)9
Avg EPS beat(12)5.19%
EPS beat(16)11
Avg EPS beat(16)12.63%
Revenue beat(2)0
Avg Revenue beat(2)-1.83%
Min Revenue beat(2)-2.91%
Max Revenue beat(2)-0.75%
Revenue beat(4)1
Avg Revenue beat(4)-1.28%
Min Revenue beat(4)-2.96%
Max Revenue beat(4)1.48%
Revenue beat(8)3
Avg Revenue beat(8)-0.3%
Revenue beat(12)4
Avg Revenue beat(12)-12.66%
Revenue beat(16)7
Avg Revenue beat(16)-9.1%
PT rev (1m)0%
PT rev (3m)18.83%
EPS NQ rev (1m)0%
EPS NQ rev (3m)29.23%
EPS NY rev (1m)0%
EPS NY rev (3m)-8.39%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.88%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.97 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | N/A |
EPS(TTM)-1.28
EYN/A
EPS(NY)-7.91
Fwd EYN/A
FCF(TTM)-1.15
FCFYN/A
OCF(TTM)-1.05
OCFYN/A
SpS8.2
BVpS-0.2
TBVpS-4.78
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -13.23% | ||
| ROE | N/A | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 34.95% | ||
| FCFM | N/A |
ROA(3y)-12.55%
ROA(5y)-10.58%
ROE(3y)-217%
ROE(5y)-135.8%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y8.84%
GM growth 5Y6.61%
F-Score4
Asset Turnover0.88
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 24.71% | ||
| Cap/Sales | 1.16% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.5 | ||
| Quick Ratio | 1.5 | ||
| Altman-Z | -0.07 |
F-Score4
WACC5.39%
ROIC/WACCN/A
Cap/Depr(3y)36.98%
Cap/Depr(5y)76.02%
Cap/Sales(3y)1.2%
Cap/Sales(5y)1.45%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)47.76%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-64.71%
EPS Next Y14.44%
EPS Next 2Y-125.2%
EPS Next 3Y14.8%
EPS Next 5Y11.19%
Revenue 1Y (TTM)-17.9%
Revenue growth 3Y3.3%
Revenue growth 5Y14.94%
Sales Q2Q%3.37%
Revenue Next Year-4.07%
Revenue Next 2Y2.68%
Revenue Next 3Y5.15%
Revenue Next 5Y8.84%
EBIT growth 1Y37.78%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year91.25%
EBIT Next 3Y30.77%
EBIT Next 5Y21.82%
FCF growth 1Y-136.15%
FCF growth 3Y-1.36%
FCF growth 5YN/A
OCF growth 1Y-263.71%
OCF growth 3Y-2.52%
OCF growth 5YN/A