0.60%
3.24%
11.38%
19.84%
18.31%
0.30%
-0.18%
AI Spotlight on RMV
Company Description
Rightmove plc, together with its subsidiaries, operates property portals in the United Kingdom and internationally.It operates through Agency, New Homes, and Other segments.The Agency segment provides property resale and letting advertising services on its platforms.
It also offers tenant references and rent guarantee insurance services to landlords.The New Homes segment provides property advertising services to new home developers and housing associations on its platforms.The Other segment offers overseas and commercial property advertising services; and non-property advertising services that include third party advertising and data services.
It serves estate agents, lettings agents, and new homes developers.Rightmove plc was founded in 2000 and is based in Milton Keynes, the United Kingdom.
Market Data
| Last Price | 669.4 |
| Change Percentage | 0.60% |
| Open | 659.4 |
| Previous Close | 665.4 |
| Market Cap ( Millions) | 5225 |
| Volume | 2377092 |
| Year High | 710 |
| Year Low | 499.2 |
| M A 50 | 651.81 |
| M A 200 | 600.37 |
Financial Ratios
| FCF Yield | 4.08% |
| Dividend Yield | 1.40% |
| ROE | 293.54% |
| Debt / Equity | 10.15% |
| Net Debt / EBIDTA | -6.05% |
| Price To Book | 80.94 |
| Price Earnings Ratio | 26.89 |
| Price To FCF | 24.49 |
| Price To sales | 13.86 |
| EV / EBITDA | 19.63 |
News
- Jan -31 - The cheapest and most expensive places to rent in Britain
- Jan -28 - Average private rents in Great Britain fall for first time since 2019
- Jan -28 - Average rent surges to £2,695 in London and £1,341 across UK
- Jan -28 - Average asking rent outside London ‘falls for first time since before pandemic’
- Jan -22 - Five castles fit for The Traitors
- Jan -20 - Average UK house price rises by almost £6,000
- Jan -20 - Biggest new year house price bounce since 2020 recorded by Rightmove
- Jan -16 - Sunbury-on-Thames sees biggest house price rise in UK in 2024
- Dec -31 - Buy-to-let landlords brace for £16,000 stamp duty bill under Reeves
- Dec -31 - Stamp duty raid triggers record-breaking Boxing Day listings
- Dec -23 - Average house price hits £267,500 as buyers rush ahead of stamp duty deadline
- Dec -16 - [EMB Mon 16th 00:01] Average UK house price falls by £6,395 in seasonal slowdown
- Dec -16 - £6,395 drop in average price tag on a home in December
- Dec -12 - UK property asking prices set to rise by 4% in 2025
- Dec -12 - House price growth gaining momentum, surveyors report
- Dec -04 - Britain’s ‘happiest places to live’ in 2024 revealed
- Nov -29 - Rightmove's most viewed homes, from £45m mansion to Jürgen Klopp's house
- Nov -29 - House prices and sales across UK expected to rise in early 2025
- Nov -28 - Goldman Switches Sides on Aviva’s £3.3 Billion Direct Line Bid
- Nov -28 - First-time buyers rushing to beat stamp duty deadline
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Agency
Expected Growth : 8 %
What the company do ?
Rightmove plc's Agency is a UK-based online real estate platform that provides property listings and services to estate agents, letting agents, and property developers.
Why we expect these perspectives ?
Rightmove plc's agency segment growth is driven by increasing online property advertising, rising estate agent subscriptions, and growing revenue from additional services such as data analytics and digital marketing. The company's strong brand, expanding market share, and strategic partnerships also contribute to its growth.
Segment n°2 -> New Homes
Expected Growth : 10 %
What the company do ?
New Homes from Rightmove plc offers a comprehensive platform for buyers to discover and purchase new build properties from leading UK developers.
Why we expect these perspectives ?
Rightmove plc's 10% growth in new homes is driven by increasing demand for online property platforms, rising UK housing market activity, and strategic partnerships with property developers and estate agents. Additionally, the company's investment in digital marketing and user experience enhancements have improved customer engagement and conversion rates, contributing to the growth.
Segment n°3 -> Other
Expected Growth : 7 %
What the company do ?
Rightmove plc's 'Other' segment includes revenue from non-property related services, such as commercial property, data services, and online advertising.
Why we expect these perspectives ?
Rightmove plc's 7% growth is driven by increasing online property advertising, rising agent subscription fees, and growing demand for premium listings. Additionally, the company's expanding presence in the UK property market, strategic partnerships, and investments in digital innovation are contributing to its growth momentum.
Rightmove Plc Products
| Product Range | What is it ? |
|---|---|
| Rightmove Plus | A premium listing package for estate agents, providing additional features and visibility on the Rightmove platform |
| Rightmove Essentials | A standard listing package for estate agents, providing a basic presence on the Rightmove platform |
| Rightmove Premium Listings | A paid upgrade for individual property listings, providing additional features and visibility |
| Rightmove Display Advertising | Targeted online advertising solutions for estate agents and property developers |
| Rightmove Email Marketing | Targeted email marketing campaigns for estate agents and property developers |
| Rightmove Data Services | Property data and analytics solutions for estate agents, property developers, and lenders |
| Rightmove Agency Services | A range of services and tools for estate agents, including website design and development |
Rightmove plc's Porter Forces
Threat Of Substitutes
The threat of substitutes for Rightmove plc is medium because while there are alternative property portals, Rightmove's strong brand recognition and large customer base provide a competitive advantage.
Bargaining Power Of Customers
The bargaining power of customers for Rightmove plc is low because individual customers have limited negotiating power, and the company's dominant market position allows it to maintain its pricing power.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Rightmove plc is low because the company has a diverse range of suppliers, and no single supplier has significant bargaining power.
Threat Of New Entrants
The threat of new entrants for Rightmove plc is high because the online property portal market is attractive, and new entrants could potentially disrupt the market with innovative business models or technologies.
Intensity Of Rivalry
The intensity of rivalry for Rightmove plc is high because the online property portal market is highly competitive, with several established players competing for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 9.64% |
| Debt Cost | 3.95% |
| Equity Weight | 90.36% |
| Equity Cost | 8.68% |
| WACC | 8.23% |
| Leverage | 10.67% |
Rightmove plc : Quality Control
Rightmove plc passed 8 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| AUTO.L | Auto Trader Group plc operates in the digital automotive marketplace in the United Kingdom and Ireland. The company provides vehicle advertisement on its websites for private sellers, as well as … |
| HEM.ST | Hemnet Group AB (publ) operates a property platform. Its platform gathers various property buyers, sellers, and real estate agents in one place. The company was founded in 1998 and is … |
| TEL.OL | Telenor ASA, together with its subsidiaries, operates as a telecommunication company worldwide. Its principal products and services include mobile communication, fixed line communication, and broadcasting services. The company's mobile communication … |
| ADE.OL | Adevinta ASA owns and operates online classifieds sites. The company's products and services include generalist classifieds, specialist real estate, motors, and jobs sites. It operates various online classifieds sites under … |
| OPL.WA | Orange Polska S.A., together with its subsidiaries, provides telecommunications services in Poland. It offers mobile and fixed telecommunications services, including calls, messaging, content, and access to the Internet and TV; … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Telenor
A-Score
1-Year Total Return ->
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Auto Trader
A-Score
1-Year Total Return ->
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Orange Polska
A-Score
1-Year Total Return ->
4
Rightmove
A-Score
1-Year Total Return ->
5
Hemnet
A-Score
1-Year Total Return ->
6
