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Real Estate Services Stocks Q1 Recap: Benchmarking Newmark (NASDAQ:NMRK)
Wed 21 May 25, 03:33 AM1 Hated Stock that Deserves a Second Chance and 2 to Brush Off
Wed 14 May 25, 04:33 AMMarcus & Millichap Earnings: What To Look For From MMI
Tue 06 May 25, 08:44 AM1 Unprofitable Stock with Promising Prospects and 2 to Approach with Caution
Fri 25 Apr 25, 01:06 PM3 Volatile Stocks with Red Flags
Mon 21 Apr 25, 01:02 PM3 Hated Stocks with Mounting Challenges
Thu 10 Apr 25, 03:35 PMWinners And Losers Of Q4: CBRE (NYSE:CBRE) Vs The Rest Of The Real Estate Services Stocks
Wed 02 Apr 25, 09:05 AMReal Estate Services Stocks Q4 Teardown: Marcus & Millichap (NYSE:MMI) Vs The Rest
Tue 25 Mar 25, 09:08 AMQ4 Earnings Highlights: Opendoor (NASDAQ:OPEN) Vs The Rest Of The Real Estate Services Stocks
Mon 17 Mar 25, 09:03 AMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | 142.03M | 193.30M | 59.36M | 107.51M | 117.22M |
Minority interest | - | - | - | - | - |
Net income | 104.22M | 142.47M | 42.84M | 76.93M | 87.26M |
Selling general administrative | 300.01M | 255.15M | 204.51M | 203.11M | 193.35M |
Selling and marketing expenses | - | - | - | - | - |
Gross profit | 450.82M | 456.23M | 269.03M | 307.55M | 311.93M |
Reconciled depreciation | 13.41M | 11.72M | 33.72M | 29.22M | 6.30M |
Ebit | 137.40M | 189.36M | 53.61M | 96.42M | 118.62M |
Ebitda | 156.14M | 205.60M | 71.16M | 116.92M | 124.92M |
Depreciation and amortization | 18.74M | 16.25M | 17.55M | 20.49M | 6.30M |
Non operating income net other | - | 4.53M | 6.65M | 12.48M | 6.33M |
Operating income | 137.40M | 189.36M | 53.61M | 96.42M | 112.29M |
Other operating expenses | 1164.31M | 1107.08M | 663.29M | 710.00M | 702.53M |
Interest expense | 0.71M | 0.58M | 0.90M | 1.39M | 1.40M |
Tax provision | 37.80M | 50.83M | 16.53M | 30.58M | 29.96M |
Interest income | 0.71M | 0.58M | 0.90M | 1.39M | 1.40M |
Net interest income | -0.70800M | -0.58000M | -0.90000M | -1.38800M | -1.40000M |
Extraordinary items | - | - | - | 0.00000M | 0.00000M |
Non recurring | - | - | - | - | - |
Other items | - | - | - | - | - |
Income tax expense | 37.80M | 50.83M | 16.53M | 30.58M | 29.96M |
Total revenue | 1301.71M | 1296.44M | 716.91M | 806.43M | 814.82M |
Total operating expenses | 313.42M | 266.88M | 215.41M | 211.13M | 199.65M |
Cost of revenue | 850.89M | 840.21M | 447.88M | 498.88M | 502.88M |
Total other income expense net | 4.63M | 3.95M | 5.75M | 11.09M | 6.33M |
Discontinued operations | - | - | - | - | - |
Net income from continuing ops | 104.22M | 142.47M | 42.84M | 76.93M | 87.26M |
Net income applicable to common shares | 104.22M | 142.47M | 42.84M | 76.93M | 87.26M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Total assets | 1003.71M | 1045.20M | 779.12M | 709.03M | 566.38M |
Intangible assets | 17.78M | 15.89M | 20.57M | 9.24M | 6.13M |
Earning assets | - | - | - | - | - |
Other current assets | 7.28M | 5.27M | 4.71M | 6.07M | 6.37M |
Total liab | 290.20M | 348.89M | 232.29M | 214.13M | 156.81M |
Total stockholder equity | 713.51M | 696.30M | 546.84M | 494.91M | 409.57M |
Deferred long term liab | - | 53.54M | 38.74M | 45.63M | 49.89M |
Other current liab | 123.58M | 182.39M | 82.84M | 66.69M | 80.73M |
Common stock | 0.00400M | 0.00400M | 0.00400M | 0.00400M | 0.00400M |
Capital stock | 0.00400M | 0.00400M | 0.00400M | 0.00400M | 0.00400M |
Retained earnings | 585.58M | 573.55M | 431.08M | 388.27M | 311.34M |
Other liab | 73.08M | 64.93M | 52.56M | 49.17M | 57.39M |
Good will | 37.91M | 34.07M | 33.38M | 15.07M | 11.46M |
Other assets | 227.13M | 171.63M | 116.30M | 100.57M | 74.69M |
Cash | 235.86M | 382.14M | 243.15M | 232.67M | 214.68M |
Cash and equivalents | 235.87M | 382.14M | 243.15M | 232.67M | 214.68M |
Total current liabilities | 152.01M | 225.63M | 120.32M | 101.81M | 92.86M |
Current deferred revenue | - | - | - | - | - |
Net debt | -153.76400M | -304.83300M | -164.55400M | -145.18900M | -207.03200M |
Short term debt | 16.98M | 18.97M | 19.19M | 24.33M | 1.09M |
Short long term debt | - | - | - | 6.56M | 1.09M |
Short long term debt total | 82.09M | 77.31M | 78.60M | 87.48M | 7.65M |
Other stockholder equity | 131.54M | 121.84M | 113.18M | 104.65M | 97.23M |
Property plant equipment | 115.59M | 104.72M | 23.44M | 22.64M | 19.55M |
Total current assets | 527.14M | 608.13M | 429.08M | 410.17M | 371.34M |
Long term investments | 68.59M | 112.61M | 47.77M | 60.81M | 83.21M |
Net tangible assets | 657.81M | 648.20M | 546.84M | 472.60M | 394.19M |
Short term investments | 253.43M | 183.87M | 158.26M | 150.75M | 137.44M |
Net receivables | 21.91M | 17.23M | 10.39M | 10.00M | 4.95M |
Long term debt | - | - | - | 0.00000M | 6.56M |
Inventory | 8.65M | 19.62M | 12.57M | 10.68M | 7.90M |
Accounts payable | 11.45M | 24.27M | 18.29M | 10.79M | 11.04M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | - | - | - | - | - |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | -3.61700M | 0.91M | 2.57M | 1.98M | 0.78M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | - | 0.00400M | 0.00400M | 0.00400M | 0.00400M |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | - | 573.55M | 431.08M | 388.27M | 311.34M |
Treasury stock | - | - | - | - | - |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | 185.87M | 137.90M | 121.38M | 80.45M | 53.94M |
Deferred long term asset charges | - | - | - | 22.12M | 22.96M |
Non current assets total | 476.57M | 437.07M | 350.04M | 298.87M | 195.04M |
Capital lease obligations | 82.09M | 77.31M | 78.60M | 80.92M | - |
Long term debt total | 0.00000M | 0.00000M | 0.00000M | 0.00000M | 6.56M |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Investments | -53.97500M | -101.72800M | 6.01M | 11.45M | -94.98200M |
Change to liabilities | -4.07100M | 36.48M | -1.09600M | -6.37500M | 4.90M |
Total cashflows from investing activities | -53.97500M | -108.35600M | -17.22800M | -3.42200M | -117.98000M |
Net borrowings | - | - | -6.56400M | -1.08700M | -1.03500M |
Total cash from financing activities | -105.55500M | -5.91900M | -10.33000M | -3.87800M | -5.43700M |
Change to operating activities | -115.61600M | 61.58M | -56.12900M | -80.19600M | 1.03M |
Net income | 104.22M | 142.47M | 42.84M | 76.93M | 87.26M |
Change in cash | -146.26700M | 138.99M | 10.48M | 17.99M | -6.10300M |
Begin period cash flow | 382.14M | 243.15M | 232.67M | 214.68M | 220.79M |
End period cash flow | 235.87M | 382.14M | 243.15M | 232.67M | 214.68M |
Total cash from operating activities | 13.63M | 255.90M | 38.09M | 25.29M | 117.31M |
Issuance of capital stock | - | - | - | - | 0.62M |
Depreciation | 13.41M | 11.72M | 10.90M | 8.02M | 6.30M |
Other cashflows from investing activities | -42.30900M | 0.23M | -16.29800M | -6.06200M | -14.92600M |
Dividends paid | -60.35800M | 20.23M | 20.23M | 20.23M | - |
Change to inventory | - | -1.08100M | -22.77700M | -70.90700M | 6.48M |
Change to account receivables | 8.45M | -10.83200M | -3.29000M | -0.05500M | 4.78M |
Sale purchase of stock | -29.05300M | 0.65M | 0.64M | 0.66M | 0.62M |
Other cashflows from financing activities | -16.85300M | -6.57200M | -4.40800M | -3.44800M | -5.02300M |
Change to netincome | 10.66M | 2.76M | 10.78M | 9.36M | 11.93M |
Capital expenditures | 11.67M | 6.86M | 6.95M | 8.81M | 8.07M |
Change receivables | - | - | - | - | - |
Cash flows other operating | - | 62.47M | -25.33500M | -62.64000M | 6.93M |
Exchange rate changes | - | -2.64000M | -0.04800M | - | - |
Cash and cash equivalents changes | - | 138.99M | 10.48M | 17.99M | -6.10300M |
Change in working capital | -137.77700M | 75.06M | -49.44400M | -90.22200M | 11.83M |
Stock based compensation | 17.31M | 10.36M | 9.90M | 9.28M | 11.98M |
Other non cash items | 22.54M | 28.14M | 23.42M | 21.06M | 0.09M |
Free cash flow | 1.96M | 249.05M | 31.14M | 16.48M | 109.24M |
Sector: Real Estate Industry: Real Estate Services
Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|---|
MMI Marcus & Millichap Inc |
-0.41 1.30% | 31.02 | - | - | 2.14 | 2.45 | 1.80 | -312.199 |
MSGNF Man Sang International Limited |
- -% | 0.21 | - | - | 844.75 | 3.95 | 3.76 | -1.3608 |
CBRE CBRE Group Inc Class A |
0.87 0.63% | 139.64 | 44.43 | 25.91 | 1.22 | 4.85 | 1.40 | 24.55 |
CSGP CoStar Group Inc |
-0.34 0.40% | 84.61 | 115.64 | 227.27 | 15.03 | 5.03 | 13.36 | 84.12 |
CLNXF Cellnex Telecom S.A |
- -% | 38.30 | - | 208.33 | 6.31 | 1.67 | 10.46 | 15.58 |
Marcus & Millichap, Inc., an investment brokerage company, provides real estate investment brokerage and financing services to sellers and buyers of commercial real estate in the United States and Canada. The company offers commercial real estate investment sales, financing, research, and advisory services for multifamily, retail, office, industrial, single-tenant net lease, seniors housing, self-storage, hospitality, medical office, and manufactured housing, as well as capital markets. It also operates as a financial intermediary that provides commercial real estate capital markets solutions, including senior debt, mezzanine debt, joint venture, and preferred equity, as well as loan sales and consultative/due diligence services to commercial real estate owners, developers, investors, and capital providers. In addition, the company provides various ancillary services, which includes opinions of value, operating and financial performance benchmarking analysis, specific asset buy-sell strategies, market and submarket analysis and ranking, portfolio strategies by property type, market strategy, development and redevelopment feasibility studies, and other services for developers, lenders, owners, real estate investment trusts, high-net-worth individuals, pension fund advisors, and other institutions. Marcus & Millichap, Inc. was founded in 1971 and is headquartered in Calabasas, California.
23975 Park Sorrento, Calabasas, CA, United States, 91302
Name | Title | Year Born |
---|---|---|
Mr. George M. Marcus | Founder & Chairman | 1941 |
Mr. Hessam Nadji | Pres, CEO & Director | 1965 |
Mr. Steven F. DeGennaro | Exec. VP & CFO | 1963 |
Mr. Gregory A. LaBerge | Sr. VP & Chief Admin. Officer | 1971 |
Mr. Richard D. Matricaria | Exec. VP & COO of Western Division | 1979 |
Mr. John David Parker | Exec. VP & COO of Western Division | 1981 |
Mr. Kurt Henry Schwarz | First VP of Fin. & Chief Accounting Officer | 1959 |
Mr. Ken Sayward | Sr. VP & Chief Information Officer | NA |
Mr. Mark Cortell | Sr. VP & Chief Legal Officer | NA |
Mr. Andrew Strockis | Sr. VP & Chief Marketing Officer | NA |
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