Douglas Elliman's Profit Margins Remain Flat, Low Price-To-Sales Ratio Attracts Value Investors

Douglas Elliman has seen losses accelerate at a 54.2% per year rate over the past five years, with no sign of improving profit margins or high-quality earnings. The company's ultra-low price-to-sales ratio of 0.2x, far below the peer average, attracts value investors' scrutiny. However, with revenue and earnings not expected to grow, the low valuation multiple may reflect skepticism about a recovery rather than an overlooked bargain.