Core Insights - RE/MAX Holdings, Inc. operates through a franchise model, providing real estate brokerage services and is recognized for its extensive network of agents and strong brand presence in the industry [1] - The company demonstrates a Return on Invested Capital (ROIC) of 12.05% and a Weighted Average Cost of Capital (WACC) of 6.34%, resulting in a favorable ROIC to WACC ratio of 1.90, indicating effective capital utilization [2][6] - In comparison, National Bank Holdings Corporation (NBHC) shows an exceptional ROIC of 645.72% and a WACC of 16.29%, leading to a ROIC to WACC ratio of 39.64, highlighting its superior capital efficiency [3][6] - Urban Edge Properties (UE) has a ROIC of 57.67% and a WACC of 7.53%, resulting in a ROIC to WACC ratio of 7.66, indicating effective capital management, though not as high as NBHC [4][6] - Rexford Industrial Realty, Inc. (REXR) presents a ROIC of 4.61% against a WACC of 7.51%, leading to a ROIC to WACC ratio of 0.61, suggesting it is not generating returns above its cost of capital [5][6] - Overall, while RE/MAX shows a healthy ROIC to WACC ratio, it is outperformed by NBHC in terms of capital efficiency [5][6]
RE/MAX Holdings, Inc. (NYSE:RMAX) Financial Performance and Competitive Analysis