Rightmove Valuation

Is 3JDA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 3JDA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€9.20
Fair Value
17.4% undervalued intrinsic discount
19
Number of Analysts

Below Fair Value: 3JDA (€7.6) is trading below our estimate of fair value (€9.2)

Significantly Below Fair Value: 3JDA is trading below fair value, but not by a significant amount.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3JDA?

Key metric: As 3JDA is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 3JDA. This is calculated by dividing 3JDA's market cap by their current earnings.
What is 3JDA's PE Ratio?
PE Ratio24.9x
EarningsUK£198.65m
Market CapUK£4.94b

Price to Earnings Ratio vs Peers

How does 3JDA's PE Ratio compare to its peers?

The above table shows the PE ratio for 3JDA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23.1x
G24 Scout24
36.1x15.0%€6.4b
NWO New Work
31.8x42.4%€380.5m
YOC YOC
13.8x20.1%€52.1m
RRTL RTL Group
10.5x-2.2%€4.2b
3JDA Rightmove
24.9x7.7%€4.9b

Price-To-Earnings vs Peers: 3JDA is expensive based on its Price-To-Earnings Ratio (24.9x) compared to the peer average (23.1x).


Price to Earnings Ratio vs Industry

How does 3JDA's PE Ratio compare vs other companies in the European Interactive Media and Services Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
3JDA 24.9xIndustry Avg. 15.1xNo. of Companies5PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 3JDA is expensive based on its Price-To-Earnings Ratio (24.9x) compared to the European Interactive Media and Services industry average (15.4x).


Price to Earnings Ratio vs Fair Ratio

What is 3JDA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

3JDA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio24.9x
Fair PE Ratio18.6x

Price-To-Earnings vs Fair Ratio: 3JDA is expensive based on its Price-To-Earnings Ratio (24.9x) compared to the estimated Fair Price-To-Earnings Ratio (18.6x).


Analyst Price Targets

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

The above table shows the analyst 3JDA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€7.60
€8.16
+7.3%
14.3%€9.89€6.31n/a19
Jan ’26€7.90
€8.16
+3.2%
14.3%€9.89€6.31n/a19
Dec ’25€7.65
€8.01
+4.6%
14.0%€9.78€6.24n/a19
Nov ’25€6.95
€7.94
+14.3%
14.7%€9.76€6.11n/a18
Oct ’25€7.40
€7.75
+4.7%
13.4%€9.78€6.12n/a18
Sep ’25€6.45
€7.24
+12.3%
13.6%€9.01€5.27n/a19
Aug ’25€6.65
€7.35
+10.5%
14.9%€9.29€5.35n/a19
Jul ’25€6.30
€7.24
+14.9%
14.5%€8.77€5.30n/a19
Jun ’25€6.20
€7.28
+17.4%
14.3%€8.75€5.28n/a19
May ’25€5.90
€7.18
+21.7%
14.3%€8.87€5.23n/a19
Apr ’25€6.20
€7.21
+16.3%
13.7%€8.92€5.26n/a19
Mar ’25€6.20
€7.12
+14.8%
15.3%€8.92€4.38n/a19
Feb ’25€6.55
€7.08
+8.1%
14.2%€8.60€4.39n/a19
Jan ’25€6.55
€6.96
+6.3%
12.5%€8.24€4.35€7.9019
Dec ’24€6.25
€6.85
+9.6%
12.6%€8.20€4.33€7.6519
Nov ’24€5.35
€6.78
+26.8%
12.6%€7.87€4.31€6.9518
Oct ’24€6.40
€6.94
+8.4%
11.6%€7.95€4.35€7.4020
Sep ’24€6.40
€7.04
+10.0%
10.9%€8.15€4.49€6.4523
Aug ’24€6.55
€7.01
+7.0%
11.2%€8.17€4.49€6.6523
Jul ’24€6.00
€6.93
+15.5%
11.9%€8.15€4.48€6.3023
Jun ’24€6.05
€6.88
+13.8%
13.5%€9.21€4.44€6.2022
May ’24€6.40
€6.64
+3.7%
11.9%€7.70€4.39€5.9021
Apr ’24€6.25
€6.68
+6.9%
11.6%€7.65€4.39€6.2021
Mar ’24€6.25
€6.76
+8.1%
15.3%€9.32€4.38€6.2019
Feb ’24€6.60
€6.73
+2.0%
16.7%€9.34€4.38€6.5519
Jan ’24€5.75
€6.75
+17.4%
20.2%€9.32€3.86€6.5520
Analyst Price Target
Consensus Narrative from 19 Analysts
€8.12
Fair Value
6.4% undervalued intrinsic discount
19
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/08 06:49
End of Day Share Price 2025/01/08 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Rightmove plc is covered by 42 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Fernando Cordero BarreiraBanco Santander
Andrew RossBarclays
JULIEN ROCHBarclays