XNASNMRK
Market cap2.04bUSD
Jan 10, Last price
11.95USD
1D
-3.63%
1Q
-18.54%
IPO
-18.21%
Name
Newmark Group Inc
Chart & Performance
Profile
Newmark Group, Inc. provides commercial real estate services in the United States and internationally. The company's investor/owner services and products include capital markets, such as investment, debt and structured finance, and loan sales; agency leasing, property management, and valuation and advisory; and commercial real estate due diligence consulting and advisory services, as well as government sponsored enterprise lending, loan servicing, mortgage broking, and equity-raising services. Its occupier services and products comprise tenant representation; real estate management technology systems; workplace and occupancy strategy; global corporate consulting; project management; account and transaction management; and lease administration and facilities management services. The company provides its services to commercial real estate tenants, investors, owners, occupiers, and developers, as well as lenders and multi-national corporations. As of December 31, 2021, it operated approximately 160 offices on four continents. The company was formerly known as Newmark Knight Frank and changed its name to Newmark Group, Inc. in October 2017. Newmark Group, Inc. was founded in 1929 and is based in New York, New York.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | |||||||||
Revenues | 2,470,368 -8.69% | 2,705,527 -6.91% | |||||||
Cost of revenue | 2,188,086 | 2,255,910 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 282,282 | 449,617 | |||||||
NOPBT Margin | 11.43% | 16.62% | |||||||
Operating Taxes | 41,103 | 41,412 | |||||||
Tax Rate | 14.56% | 9.21% | |||||||
NOPAT | 241,179 | 408,205 | |||||||
Net income | 42,575 -63.24% | 115,818 -84.57% | |||||||
Dividends | (20,905) | (17,933) | |||||||
Dividend yield | 1.08% | 0.92% | |||||||
Proceeds from repurchase of equity | (37,428) | (294,802) | |||||||
BB yield | 1.94% | 15.09% | |||||||
Debt | |||||||||
Debt current | 605,715 | 137,406 | |||||||
Long-term debt | 1,850,432 | 1,801,960 | |||||||
Deferred revenue | 6,381 | 5,040 | |||||||
Other long-term liabilities | 251,604 | 111,504 | |||||||
Net debt | 2,286,252 | 1,605,594 | |||||||
Cash flow | |||||||||
Cash from operating activities | (265,961) | 1,196,343 | |||||||
CAPEX | (55,361) | (62,189) | |||||||
Cash from investing activities | (49,745) | 308,629 | |||||||
Cash from financing activities | 261,460 | (1,458,520) | |||||||
FCF | (314,307) | 1,183,086 | |||||||
Balance | |||||||||
Cash | 164,993 | 233,804 | |||||||
Long term investments | 4,902 | 99,968 | |||||||
Excess cash | 46,377 | 198,496 | |||||||
Stockholders' equity | 1,490,181 | 1,495,318 | |||||||
Invested Capital | 3,531,446 | 2,659,900 | |||||||
ROIC | 7.79% | 13.60% | |||||||
ROCE | 7.87% | 15.32% | |||||||
EV | |||||||||
Common stock shares outstanding | 176,382 | 245,177 | |||||||
Price | 10.96 37.52% | 7.97 -57.38% | |||||||
Market cap | 1,933,147 -1.07% | 1,954,061 -46.64% | |||||||
EV | 4,545,153 | 3,919,733 | |||||||
EBITDA | 448,503 | 615,433 | |||||||
EV/EBITDA | 10.13 | 6.37 | |||||||
Interest | 21,737 | 30,970 | |||||||
Interest/NOPBT | 7.70% | 6.89% |