REDFIN CORPORATION |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 7.145 USD | +1.06% |
|
+15.24% | -30.77% |
| May. 09 | Housing Payments Reach All-Time Record, Redfin Says | MT |
| May. 08 | B. Riley Adjusts Price Target on Redfin to $7.50 From $7, Maintains Neutral Rating | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,950 | 7,024 | 4,049 | 461.1 | 1,189 | 853.6 | - | - |
| Enterprise Value (EV) 1 | 1,743 | 6,091 | 4,929 | 1,391 | 1,189 | 1,562 | 1,561 | 1,422 |
| P/E ratio | -24 x | -298 x | -34.3 x | -1.42 x | -8.9 x | -5.89 x | -8.26 x | -9.88 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 2.5 x | 7.93 x | 2.11 x | 0.2 x | 1.22 x | 0.8 x | 0.72 x | 0.65 x |
| EV / Revenue | 2.23 x | 6.87 x | 2.56 x | 0.61 x | 1.22 x | 1.47 x | 1.31 x | 1.08 x |
| EV / EBITDA | -41.3 x | 116 x | -592 x | -7.25 x | -15.6 x | -105 x | 53.7 x | 31.6 x |
| EV / FCF | -14.2 x | 131 x | -15 x | 73.4 x | - | -31.4 x | 102 x | 62.4 x |
| FCF Yield | -7.07% | 0.76% | -6.68% | 1.36% | - | -3.19% | 0.98% | 1.6% |
| Price to Book | 5.93 x | 10.8 x | 13.1 x | 7.27 x | - | -15.4 x | -10.4 x | - |
| Nbr of stocks (in thousands) | 92,261 | 102,344 | 105,481 | 108,749 | 115,242 | 119,471 | - | - |
| Reference price 2 | 21.14 | 68.63 | 38.39 | 4.240 | 10.32 | 7.145 | 7.145 | 7.145 |
| Announcement Date | 2/12/20 | 2/24/21 | 2/17/22 | 2/16/23 | 2/27/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 779.8 | 886.1 | 1,923 | 2,284 | 976.7 | 1,061 | 1,188 | 1,317 |
| EBITDA 1 | -42.2 | 52.33 | -8.325 | -191.9 | -76.37 | -14.9 | 29.05 | 45.02 |
| EBIT 1 | -79.25 | 0.792 | -110 | -363.3 | -218.1 | -134 | -81.34 | -65.14 |
| Operating Margin | -10.16% | 0.09% | -5.72% | -15.9% | -22.33% | -12.64% | -6.85% | -4.95% |
| Earnings before Tax (EBT) 1 | -80.8 | -18.53 | -121.1 | -322.6 | -130.1 | -146.3 | -98.34 | -88.88 |
| Net income 1 | -80.8 | -22.98 | -116.9 | -322.7 | -131.1 | -145.7 | -104.9 | -89.03 |
| Net margin | -10.36% | -2.59% | -6.08% | -14.13% | -13.42% | -13.74% | -8.83% | -6.76% |
| EPS 2 | -0.8800 | -0.2300 | -1.120 | -2.990 | -1.160 | -1.214 | -0.8649 | -0.7235 |
| Free Cash Flow 1 | -123.1 | 46.58 | -329.1 | 18.96 | - | -49.8 | 15.33 | 22.8 |
| FCF margin | -15.79% | 5.26% | -17.11% | 0.83% | - | -4.69% | 1.29% | 1.73% |
| FCF Conversion (EBITDA) | - | 89.02% | - | - | - | - | 52.79% | 50.64% |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Announcement Date | 2/12/20 | 2/24/21 | 2/17/22 | 2/16/23 | 2/27/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 643.1 | 597.3 | 606.9 | 600.5 | 479.7 | 325.7 | 275.6 | 269 | 218.1 | 225.5 | 290.8 | 294.5 | 251 | 250.6 | 327.1 |
| EBITDA 1 | 4.658 | -48.84 | -28.57 | -51.02 | -63.46 | -66.8 | -6.925 | 7.651 | -10.29 | -27.59 | -0.8379 | 16.03 | -1.251 | -21.56 | 18.11 |
| EBIT 1 | -25.23 | -85.12 | -74.66 | -85.02 | -118.5 | -103.9 | -47.86 | -25.53 | -44.25 | -69.26 | -26.74 | -11.73 | -29.35 | -50.09 | -11 |
| Operating Margin | -3.92% | -14.25% | -12.3% | -14.16% | -24.71% | -31.91% | -17.37% | -9.49% | -20.29% | -30.72% | -9.2% | -3.98% | -11.69% | -19.99% | -3.36% |
| Earnings before Tax (EBT) 1 | -29 | -90.81 | -77.99 | -90.11 | -62.39 | -60.61 | -26.83 | -18.73 | -23.02 | -66.95 | -31.84 | -15.45 | -31.69 | -55.74 | -18.73 |
| Net income 1 | -28.4 | -91.6 | -78.5 | -90.52 | -62.09 | -61.02 | -27.66 | -19.31 | -23.11 | -67.01 | -31.19 | -16.38 | -33.3 | -57.85 | -18.82 |
| Net margin | -4.42% | -15.33% | -12.93% | -15.07% | -12.94% | -18.74% | -10.04% | -7.18% | -10.6% | -29.72% | -10.73% | -5.56% | -13.27% | -23.09% | -5.75% |
| EPS 2 | -0.2700 | -0.8600 | -0.7300 | -0.8300 | -0.5700 | -0.5500 | -0.2500 | -0.1700 | -0.2000 | -0.5700 | -0.2593 | -0.1276 | -0.2742 | -0.4812 | -0.1500 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/17/22 | 5/5/22 | 8/4/22 | 11/9/22 | 2/16/23 | 5/4/23 | 8/3/23 | 11/2/23 | 2/27/24 | 5/7/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 879 | 930 | - | 708 | 707 | 568 |
| Net Cash position 1 | 208 | 933 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | -105.6 x | -4.846 x | - | -47.55 x | 24.35 x | 12.62 x |
| Free Cash Flow 1 | -123 | 46.6 | -329 | 19 | - | -49.8 | 15.3 | 22.8 |
| ROE (net income / shareholders' equity) | -23% | -4.99% | -26% | -173% | - | - | - | - |
| ROA (Net income/ Total Assets) | - | -2.35% | - | - | - | -5.28% | -2.69% | - |
| Assets 1 | - | 978.4 | - | - | - | 2,762 | 3,898 | - |
| Book Value Per Share 2 | 3.560 | 6.350 | 2.930 | 0.5800 | - | -0.4600 | -0.6800 | - |
| Cash Flow per Share 2 | -1.170 | 0.6200 | -2.880 | 0.3800 | - | 0.1400 | -0.0900 | - |
| Capex 1 | 15.5 | 14.7 | 27.5 | 21.5 | - | 14.8 | 14.4 | 13.8 |
| Capex / Sales | 1.99% | 1.66% | 1.43% | 0.94% | - | 1.4% | 1.21% | 1.04% |
| Announcement Date | 2/12/20 | 2/24/21 | 2/17/22 | 2/16/23 | 2/27/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C-
Sell
Buy
Mean consensus
HOLD
Number of Analysts
17
Last Close Price
7.145
USD
Average target price
6.692
USD
Spread / Average Target
-6.34%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -30.77% | 854M | |
| +5.57% | 8.59B | |
| -3.41% | 3.62B | |
| -11.11% | 2.57B | |
| +17.01% | 2.37B | |
| +40.55% | 1.66B | |
| -0.91% | 1.65B | |
| -48.21% | 1.6B | |
| -13.89% | 943M | |
| -2.22% | 717M |
- Stock Market
- Equities
- RDFN Stock
- Financials Redfin Corporation
