Rent.com.au (ASX:RNT) - Share price, News & Analysis

RNT fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	2/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

RNT Stock Overview

Rent.com.au Limited operates a rental property website that offers services for renters and all marketers of rental properties in Australia.

Rewards

Revenue is forecast to grow 37.93% per year

Risk Analysis

Currently unprofitable and not forecast to become profitable over the next 3 years

Shareholders have been diluted in the past year

Does not have meaningful revenue (A$3M)

Does not have a meaningful market cap (A$17M)

Rent.com.au Competitors

AD1 Holdings

ASX:AD1

AU$14.2m

Aeeris

ASX:AER

AU$8.1m

Tinybeans Group

ASX:TNY

AU$14.0m

IOUpay

ASX:IOU

AU$53.2m

Price History & Performance

Summary of all time highs, changes and price drops for Rent.com.au
Historical stock prices
Current Share Price	AU$0.038
52 Week High	AU$0.12
52 Week Low	AU$0.025
Beta	2.36
1 Month Change	2.70%
3 Month Change	0%
1 Year Change	-62.00%
3 Year Change	0%
5 Year Change	-24.00%
Change since IPO	-81.00%

Shareholder Returns

	RNT	AU Interactive Media and Services	AU Market
7D	8.6%	1.6%	1.0%
1Y	-62.0%	-19.8%	-7.9%

Return vs Industry: RNT underperformed the Australian Interactive Media and Services industry which returned -19.8% over the past year.

Return vs Market: RNT underperformed the Australian Market which returned -7.9% over the past year.

Price Volatility

Is RNT's price volatile compared to industry and market?
RNT volatility
RNT Average Weekly Movement	12.5%
Interactive Media and Services Industry Average Movement	9.0%
Market Average Movement	10.6%
10% most volatile stocks in AU Market	17.5%
10% least volatile stocks in AU Market	4.7%

Stable Share Price: RNT is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: RNT's weekly volatility (13%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1994	n/a	Greg Bader	https://www.rent.com.au

Rent.com.au Limited operates a rental property website that offers services for renters and all marketers of rental properties in Australia. The company accepts rental property listings from agents, landlords, renters, and advertisers. It has a strategic partnership agreement with Origin Energy Limited.

Rent.com.au Fundamentals Summary

How do Rent.com.au's earnings and revenue compare to its market cap?
RNT fundamental statistics
Market Cap	AU$16.74m
Earnings (TTM)	-AU$2.22m
Revenue (TTM)	AU$3.24m

5.2x

P/S Ratio

-7.6x

P/E Ratio

Is RNT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
RNT income statement (TTM)
Revenue	AU$3.24m
Cost of Revenue	AU$2.10m
Gross Profit	AU$1.15m
Other Expenses	AU$3.36m
Earnings	-AU$2.22m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

Aug 26, 2022

Earnings per share (EPS)	-0.005
Gross Margin	35.41%
Net Profit Margin	-68.27%
Debt/Equity Ratio	0%

How did RNT perform over the long term?

See historical performance and comparison

We’ve recently updated our valuation analysis.

Valuation

Is RNT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for RNT?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for RNT. This is calculated by dividing RNT's market cap by their current preferred multiple.
What is RNT's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	AU$16.74m

RNT key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	4.8x
Enterprise Value/EBITDA	-7x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does RNT's PS Ratio compare to its peers?

RNT PS Ratio vs Peers

The above table shows the PS ratio for RNT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	PS	Estimated Growth	Market Cap
Peer Average	3.5x
AD1 AD1 Holdings	2.2x	n/a	AU$14.2m
AER Aeeris	4.3x	n/a	AU$8.1m
TNY Tinybeans Group	0.9x	n/a	AU$14.0m
IOU IOUpay	6.6x	n/a	AU$53.2m
RNT Rent.com.au	5.2x	37.9%	AU$16.7m

Price-To-Sales vs Peers: RNT is expensive based on its Price-To-Sales Ratio (5.2x) compared to the peer average (3.5x).

Price to Earnings Ratio vs Industry

How does RNT's PE Ratio compare vs other companies in the Global Interactive Media and Services Industry?

Price-To-Sales vs Industry: RNT is expensive based on its Price-To-Sales Ratio (5.2x) compared to the Global Interactive Media and Services industry average (2.4x)

Price to Sales Ratio vs Fair Ratio

What is RNT's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

RNT PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	5.2x
Fair PS Ratio	2.8x

Price-To-Sales vs Fair Ratio: RNT is expensive based on its Price-To-Sales Ratio (5.2x) compared to the estimated Fair Price-To-Sales Ratio (2.8x).

Share Price vs Fair Value

What is the Fair Price of RNT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate RNT's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate RNT's fair value for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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Future Growth

How is Rent.com.au forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

2/6

Future Growth Score 2/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

58.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: RNT is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: RNT is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: RNT is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: RNT's revenue (37.9% per year) is forecast to grow faster than the Australian market (5.7% per year).

High Growth Revenue: RNT's revenue (37.9% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if RNT's Return on Equity is forecast to be high in 3 years time

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Past Performance

How has Rent.com.au performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

47.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: RNT is currently unprofitable.

Growing Profit Margin: RNT is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: RNT is unprofitable, but has reduced losses over the past 5 years at a rate of 47.1% per year.

Accelerating Growth: Unable to compare RNT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: RNT is unprofitable, making it difficult to compare its past year earnings growth to the Interactive Media and Services industry (22.2%).

Return on Equity

High ROE: RNT has a negative Return on Equity (-61.73%), as it is currently unprofitable.

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Financial Health

How is Rent.com.au's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: RNT's short term assets (A$2.1M) exceed its short term liabilities (A$869.2K).

Long Term Liabilities: RNT's short term assets (A$2.1M) exceed its long term liabilities (A$245.3K).

Debt to Equity History and Analysis

Debt Level: RNT is debt free.

Reducing Debt: RNT has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: RNT has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: RNT has sufficient cash runway for 2.4 years if free cash flow continues to grow at historical rates of 30.3% each year.

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Dividend

What is Rent.com.au current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate RNT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate RNT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if RNT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if RNT's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as RNT has not reported any payouts.

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Management

How experienced are the management team and are they aligned to shareholders interests?

6.0yrs

Average management tenure

CEO

Greg Bader (57 yo)

6yrs

Tenure

AU$286,072

Compensation

Mr. Greg Bader, M.Sc TM, MBA, has been the Chief Executive Officer of Rent.com.au Limited since August 23, 2016 and served as its Interim Chief Executive Officer since July 25, 2016 until August 23, 2016....

CEO Compensation Analysis

Compensation vs Market: Greg's total compensation ($USD197.21K) is about average for companies of similar size in the Australian market ($USD279.73K).

Compensation vs Earnings: Greg's compensation has increased whilst the company is unprofitable.

Leadership Team

Experienced Management: RNT's management team is seasoned and experienced (6 years average tenure).

Board Members

Experienced Board: RNT's board of directors are considered experienced (7.2 years average tenure).

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: RNT insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.7%.

Data	Last Updated (UTC time)
Company Analysis	2022/08/07 00:00
End of Day Share Price	2022/08/05 00:00
Earnings	2021/12/31
Annual Earnings	2021/06/30