Seattle, Wash.-based Residential real estate brokerage company Redfin Corporation’s (RDFN) total revenue increased 163% year-over-year to $643.06 million in its fourth quarter, ended December 31, 2021. However, its net loss came in at $27 million, compared to $14.04 million in net income in the year-ago period. Its loss per share was $0.27, compared to an EPS of $0.11 in the prior-year quarter. Furthermore, analysts expect its EPS to remain negative in 2022 and 2023. Also, its trailing-twelve-month EBITDA and net income margins are currently negative, compared to the 54.84% and 17.77% respective industry averages.
The stock has declined 73.5% in price over the past year to close the last trading session at $22.86. Also, in terms of forward Price/Book, RDFN’s 8.83x is 352.9% higher than the 1.95x industry average. In addition, its 85.52x forward P/CF is higher than the 15.73x industry average. So, it looks overvalued.
