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Rightmove

LSE:RMV
Snowflake Description

Adequate balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RMV
LSE
£5B
Market Cap
  1. Home
  2. GB
  3. Media
Company description

Rightmove plc operates property portal in the United Kingdom. The last earnings update was 83 days ago. More info.


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RMV Share Price and Events
7 Day Returns
-1.7%
LSE:RMV
1.7%
GB Interactive Media and Services
0.5%
GB Market
1 Year Returns
15.2%
LSE:RMV
-3.8%
GB Interactive Media and Services
-5.4%
GB Market
RMV Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Rightmove (RMV) -1.7% 2.6% 17.9% 15.2% 33.5% 147.1%
GB Interactive Media and Services 1.7% -0.6% 1.7% -3.8% 23.6% 3.1%
GB Market 0.5% -1.7% 2.1% -5.4% 13.8% 1.8%
1 Year Return vs Industry and Market
  • RMV outperformed the Interactive Media and Services industry which returned -3.8% over the past year.
  • RMV outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -5.4% over the past year.
Price Volatility
RMV
Industry
5yr Volatility vs Market
Related Companies

RMV Value

 Is Rightmove undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Rightmove to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Rightmove.

LSE:RMV Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 14 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for LSE:RMV
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6.7%
Interactive Media and Services Unlevered Beta Simply Wall St/ S&P Global 1.02
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.02 (1 + (1- 19%) (0.26%))
1.015
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.01
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (1.015 * 6.65%)
7.98%

Discounted Cash Flow Calculation for LSE:RMV using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Rightmove is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

LSE:RMV DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 7.98%)
2019 179.68 Analyst x8 166.41
2020 196.39 Analyst x8 168.44
2021 209.05 Analyst x4 166.06
2022 218.00 Analyst x1 160.38
2023 233.00 Analyst x1 158.75
2024 242.91 Est @ 4.25% 153.28
2025 251.04 Est @ 3.35% 146.70
2026 257.85 Est @ 2.71% 139.55
2027 263.69 Est @ 2.27% 132.17
2028 268.84 Est @ 1.95% 124.80
Present value of next 10 years cash flows £1,516.53
LSE:RMV DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= £268.84 × (1 + 1.23%) ÷ (7.98% – 1.23%)
£4,032.02
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £4,032.02 ÷ (1 + 7.98%)10
£1,871.69
LSE:RMV Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £1,516.53 + £1,871.69
£3,388.22
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £3,388.22 / 886.77
£3.82
LSE:RMV Discount to Share Price
Calculation Result
Value per share (GBP) From above. £3.82
Current discount Discount to share price of £5.64
= -1 x (£5.64 - £3.82) / £3.82
-47.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Rightmove is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Rightmove's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Rightmove's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
LSE:RMV PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in GBP £0.18
LSE:RMV Share Price ** LSE (2019-05-23) in GBP £5.64
Europe Interactive Media and Services Industry PE Ratio Median Figure of 18 Publicly-Listed Interactive Media and Services Companies 21.36x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 789 Publicly-Listed Companies 16.47x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Rightmove.

LSE:RMV PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= LSE:RMV Share Price ÷ EPS (both in GBP)

= 5.64 ÷ 0.18

31.65x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Rightmove is overvalued based on earnings compared to the Europe Interactive Media and Services industry average.
  • Rightmove is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Rightmove's expected growth come at a high price?
Raw Data
LSE:RMV PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 31.65x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 14 Analysts
8%per year
Europe Interactive Media and Services Industry PEG Ratio Median Figure of 8 Publicly-Listed Interactive Media and Services Companies 1.46x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 574 Publicly-Listed Companies 1.46x

*Line of best fit is calculated by linear regression .

LSE:RMV PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 31.65x ÷ 8%

3.98x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Rightmove is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Rightmove's assets?
Raw Data
LSE:RMV PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in GBP £0.01
LSE:RMV Share Price * LSE (2019-05-23) in GBP £5.64
United Kingdom of Great Britain and Northern Ireland Interactive Media and Services Industry PB Ratio Median Figure of 9 Publicly-Listed Interactive Media and Services Companies 1.9x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,369 Publicly-Listed Companies 1.5x
LSE:RMV PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= LSE:RMV Share Price ÷ Book Value per Share (both in GBP)

= 5.64 ÷ 0.01

398.46x

* Primary Listing of Rightmove.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Rightmove is overvalued based on assets compared to the GB Interactive Media and Services industry average.
X
Value checks
We assess Rightmove's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Interactive Media and Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Interactive Media and Services industry average (and greater than 0)? (1 check)
  5. Rightmove has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

RMV Future Performance

 How is Rightmove expected to perform in the next 1 to 3 years based on estimates from 14 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Rightmove expected to grow at an attractive rate?
  • Rightmove's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Rightmove's earnings growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
  • Rightmove's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
LSE:RMV Future Growth Rates Data Sources
Data Point Source Value (per year)
LSE:RMV Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 14 Analysts 8%
LSE:RMV Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 14 Analysts 6.8%
United Kingdom of Great Britain and Northern Ireland Interactive Media and Services Industry Earnings Growth Rate Market Cap Weighted Average 24.1%
United Kingdom of Great Britain and Northern Ireland Interactive Media and Services Industry Revenue Growth Rate Market Cap Weighted Average 11.1%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 10.9%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
LSE:RMV Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 14 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
LSE:RMV Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 380 1
2022-12-31 357 1
2021-12-31 333 218 204 11
2020-12-31 311 204 189 14
2019-12-31 289 188 174 14
LSE:RMV Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-12-31 268 167 160
2018-09-30 261 163 157
2018-06-30 255 159 153
2018-03-31 249 155 148
2017-12-31 243 150 144
2017-09-30 237 147 140
2017-06-30 232 144 136
2017-03-31 226 143 133
2016-12-31 220 141 130
2016-09-30 213 137 125
2016-06-30 207 132 121
2016-03-31 200 124 115

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Rightmove's earnings are expected to grow by 8% yearly, however this is not considered high growth (20% yearly).
  • Rightmove's revenue is expected to grow by 6.8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
LSE:RMV Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 14 Analyst Estimates (S&P Global) See Below

All data from Rightmove Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:RMV Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.25 0.26 0.23 6.00
2020-12-31 0.22 0.23 0.21 7.00
2019-12-31 0.20 0.20 0.19 7.00
LSE:RMV Past Financials Data
Date (Data in GBP Millions) EPS *
2018-12-31 0.18
2018-09-30 0.17
2018-06-30 0.17
2018-03-31 0.16
2017-12-31 0.16
2017-09-30 0.15
2017-06-30 0.15
2017-03-31 0.14
2016-12-31 0.14
2016-09-30 0.13
2016-06-30 0.13
2016-03-31 0.12

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Rightmove is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).
X
Future performance checks
We assess Rightmove's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Rightmove has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

RMV Past Performance

  How has Rightmove performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Rightmove's growth in the last year to its industry (Interactive Media and Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Rightmove's year on year earnings growth rate has been positive over the past 5 years.
  • Rightmove's 1-year earnings growth is less than its 5-year average (11.4% vs 14%)
  • Rightmove's earnings growth has not exceeded the Europe Interactive Media and Services industry average in the past year (11.4% vs 18.5%).
Earnings and Revenue History
Rightmove's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Rightmove Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:RMV Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 267.82 160.46 69.23
2018-09-30 261.34 156.53 67.57
2018-06-30 254.85 152.61 65.90
2018-03-31 249.06 148.35 65.44
2017-12-31 243.27 144.10 64.97
2017-09-30 237.46 139.89 63.97
2017-06-30 231.65 135.68 62.97
2017-03-31 225.82 132.61 60.64
2016-12-31 219.99 129.54 58.30
2016-09-30 213.45 125.21 57.05
2016-06-30 206.90 120.88 55.79
2016-03-31 199.51 115.17 55.37
2015-12-31 192.13 109.47 54.95
2015-09-30 185.93 106.26 52.41
2015-06-30 179.73 103.06 49.87
2015-03-31 173.37 99.62 47.41
2014-12-31 167.01 96.18 44.95
2014-09-30 160.08 91.37 43.45
2014-06-30 153.16 86.56 41.94
2014-03-31 146.55 80.45 42.43
2013-12-31 139.94 74.34 42.92
2013-09-30 134.30 70.84 41.34
2013-06-30 128.66 67.34 39.76
2013-03-31 124.01 64.94 38.02
2012-12-31 119.37 62.55 36.28
2012-09-30 113.65 58.19 35.73
2012-06-30 107.94 53.83 35.17

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Whilst Rightmove made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%), this is metric is skewed due to its high level of debt.
  • Rightmove used its assets more efficiently than the Europe Interactive Media and Services industry average last year based on Return on Assets.
  • Rightmove's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Rightmove's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Interactive Media and Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Rightmove has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

RMV Health

 How is Rightmove's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Rightmove's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Rightmove is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Rightmove's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Rightmove's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Rightmove Company Filings, last reported 4 months ago.

LSE:RMV Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 12.58 13.06 19.94
2018-09-30 12.58 13.06 19.94
2018-06-30 21.74 13.60 28.06
2018-03-31 21.74 13.60 28.06
2017-12-31 17.18 0.00 24.98
2017-09-30 17.18 0.00 24.98
2017-06-30 9.74 0.00 17.64
2017-03-31 9.74 0.00 17.64
2016-12-31 8.04 0.00 17.78
2016-09-30 8.04 0.00 17.78
2016-06-30 6.73 0.00 13.29
2016-03-31 6.73 0.00 13.29
2015-12-31 6.64 0.00 12.42
2015-09-30 6.64 0.00 12.42
2015-06-30 5.63 0.00 11.68
2015-03-31 5.63 0.00 11.68
2014-12-31 2.45 0.00 11.21
2014-09-30 2.45 0.00 11.21
2014-06-30 -0.51 0.00 6.10
2014-03-31 -0.51 0.00 6.10
2013-12-31 8.92 0.00 6.80
2013-09-30 8.92 0.00 6.80
2013-06-30 11.02 0.00 6.47
2013-03-31 11.02 0.00 6.47
2012-12-31 7.51 0.00 7.08
2012-09-30 7.51 0.00 7.08
2012-06-30 15.53 0.00 14.64
  • Rightmove's level of debt (103.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 103.8% today).
  • Debt is well covered by operating cash flow (1282.3%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 620.6x coverage).
X
Financial health checks
We assess Rightmove's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Rightmove has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

RMV Dividends

 What is Rightmove's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.15%
Current annual income from Rightmove dividends. Estimated to be 1.37% next year.
If you bought £2,000 of Rightmove shares you are expected to receive £23 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Rightmove's pays a lower dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (1.98%).
  • Rightmove's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.3%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
LSE:RMV Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 14 Analyst Estimates (S&P Global) See Below
Europe Interactive Media and Services Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 1.3%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 706 Stocks 4.3%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

LSE:RMV Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.09 12.00
2020-12-31 0.08 16.00
2019-12-31 0.07 14.00
LSE:RMV Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2019-04-05 0.065 1.191
2018-02-23 0.058 1.239
2017-02-24 0.051 1.222
2016-04-04 0.043 1.084
2016-02-26 0.043 1.075
2015-04-01 0.035 0.978
2015-02-27 0.035 1.179
2014-03-31 0.028 1.234
2014-02-28 0.028 1.052
2013-07-31 0.025 0.995
2013-03-01 0.023 1.165
2012-02-24 0.018 1.168
2011-08-03 0.016 1.274
2011-02-25 0.014 1.319
2010-08-27 0.012 1.544
2010-02-26 0.010 1.525

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Rightmove has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Rightmove only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of Rightmove's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.7x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.9x coverage).
X
Income/ dividend checks
We assess Rightmove's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Rightmove afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Rightmove has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

RMV Management

 What is the CEO of Rightmove's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Peter Brooks-Johnson
COMPENSATION £1,490,178
TENURE AS CEO 2 years
CEO Bio

Mr. Peter Brooks-Johnson has been Chief Executive Officer of Rightmove plc since May 9, 2017. Mr. Brooks-Johnson served as Managing Director of rightmove.co.uk since January 10, 2011 and served as its Agency Director. Mr. Brooks-Johnson served as Chief Operating Officer at Rightmove plc since April 30, 2013 until May 9, 2017 and Head of the Estate Agency Business since 2008. He served as Product Director of Rightmove plc, since 2006. He serves as Director at Adevinta ASA since February 25, 2019. He joined Rightmove in 2006 and focuses on the development of its proposition to customers including the development of its Choice and AboutMyPlace services and the recent complete redesign of the website. He was a Management Consultant with Accenture and The Berkeley Partnership working with clients such as BP, Marks & Spencer and Woolwich. Mr. Brooks-Johnson has been an Executive Director of Rightmove plc since January 10, 2011.

CEO Compensation
  • Peter's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Peter's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure of the Rightmove management team in years:

4.3
Average Tenure
  • The tenure for the Rightmove management team is about average.
Management Team

Peter Brooks-Johnson

TITLE
CEO & Executive Director
COMPENSATION
£1M
TENURE
2 yrs

Robyn Perriss

TITLE
Finance Director & Executive Director
COMPENSATION
£1M
TENURE
6.1 yrs

Sandra Odell

TITLE
Company Secretary
AGE
51
TENURE
2.5 yrs

Thomas Shipside

TITLE
Commercial Director
COMPENSATION
£20K
AGE
58
TENURE
18.3 yrs

Peter Armstrong

TITLE
Commercial Property Director
Board of Directors Tenure

Average tenure and age of the Rightmove board of directors in years:

5.5
Average Tenure
55
Average Age
  • The tenure for the Rightmove board of directors is about average.
Board of Directors

Scott Forbes

TITLE
Chairman
COMPENSATION
£170K
AGE
60
TENURE
13.8 yrs

Peter Brooks-Johnson

TITLE
CEO & Executive Director
COMPENSATION
£1M
TENURE
8.3 yrs

Robyn Perriss

TITLE
Finance Director & Executive Director
COMPENSATION
£1M
TENURE
6.1 yrs

Andy Findlay

TITLE
Non-Executive Director
COMPENSATION
£57K
AGE
49
TENURE
1.9 yrs

Jacqueline de Rojas

TITLE
Senior Independent Director
COMPENSATION
£50K
AGE
55

Parekh Goss-Custard

TITLE
Non-Executive Director
COMPENSATION
£50K
AGE
44
TENURE
4.8 yrs

Lorna Tilbian

TITLE
Non-Executive Director
COMPENSATION
£46K
AGE
61
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
16. Aug 18 Sell Robyn Perriss Individual 16. Aug 18 16. Aug 18 -147,980 £4.95 £-732,212
X
Management checks
We assess Rightmove's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Rightmove has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

RMV News

Simply Wall St News

With EPS Growth And More, Rightmove (LON:RMV) Is Interesting

I like to take a look at earnings before interest and (EBIT) tax margins, as well as revenue growth, to get another take on the quality of the company's growth. … Rightmove maintained stable EBIT margins over the last year, all while growing revenue 10% to UK£268m. … In the chart below, you can see how the company has grown earnings, and revenue, over time

Simply Wall St -

Rightmove plc (LON:RMV): Immense Growth Potential?

Since Rightmove plc (LON:RMV) released its earnings in December 2018,. … with profits predicted to rise by 8.3% next year … the higher past 5-year average growth rate of 14%

Simply Wall St -

Who Has Been Selling Rightmove plc (LON:RMV) Shares?

So before you buy or sell Rightmove plc (LON:RMV), you may well want to know whether insiders have been buying or selling. … As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.'. … Robyn Perriss was the only individual insider to sell shares in the last twelve months

Simply Wall St -

Why We Think Rightmove plc (LON:RMV) Could Be Worth Looking At

Looking at the company as a whole, as a potential stock investment, I believe RMV has a lot to offer. … that has been able to sustain great financial health over the past … If you're interested in understanding beyond my broad commentary,

Simply Wall St -

Does Rightmove plc's (LON:RMV) PE Ratio Signal A Buying Opportunity?

Although some investors may jump to the conclusion that this is a great buying opportunity, understanding the assumptions behind the P/E ratio might change your mind. … I will deconstruct the P/E ratio and highlight what you need to be careful of when using the P/E ratio … Breaking down the P/E ratio

Simply Wall St -

Is Analysts' Sentiment For Rightmove plc's (LON:RMV) Justified?

Rightmove plc (LON:RMV) continues to post impressive revenue growth and its prospects have never been brighter. … Rightmove plc operates property portal in the United Kingdom. … Founded in 2000, it currently operates in United Kingdom at a market cap of UK£4.61b.

Simply Wall St -

When Should You Buy Rightmove plc (LON:RMV)?

As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock? … However, what if the stock is still a bargain. … Today I will analyse the most recent data on Rightmove’s outlook and valuation to see if the opportunity still exists

Simply Wall St -

These Factors Make Rightmove plc (LON:RMV) A Great Investment

Rightmove plc (LON:RMV) is a stock with outstanding fundamental characteristics. … When we build an investment case, we need to look at the stock with a holistic perspective. … that has been able to sustain great financial health over the past

Simply Wall St -

Rightmove plc (LON:RMV): Secrets For Long Term Investors

When stock prices are falling, the best mindset to have is a long term one. … High quality stocks such as Rightmove plc has fared well over time in a fickle stock market, which is why I want to bring it into light amongst all the chaos. … Below I take a look at three key features of what makes a robust defensive stock investment: its size, financial health and track record.

Simply Wall St -

What Do Analysts Think About Rightmove plc's (LON:RMV) Future Margins?

To get some insight, this article will interpret Rightmove's margin performance so investors can evaluate the revenue and cost drivers behind future earnings projections and understand how they may impact on returns compared to the industry. … Margin Calculation for RMV Profit Margin = Net Income ÷ Revenue ∴ Profit Margin = 144.10 Million ÷ 243.27 Million = 59.23% Rightmove's margin has expanded in the past five years, with 18.02% in average net income growth surpassing 15.08% in average revenue growth, which means that the previous increase in revenue has coincided with a larger portion falling to the bottom line. … Based on future expectations, RMV's profit margin will shift towards greater stability, with annual revenue growth tipped at 8.10% and a forecasted 7.87% in annual net income growth.

Simply Wall St -

RMV Company Info

Description

Rightmove plc operates property portal in the United Kingdom. The company operates through Agency, New Homes, and Other segments. The Agency segment offers resale and lettings property advertising services on its platforms. 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, which include third party and consumer services, as well as data services. The company serves estate agents, lettings agents, and new homes developers. Rightmove plc was founded in 2000 and is based in Milton Keynes, the United Kingdom.

Details
Name: Rightmove plc
RMV
Exchange: LSE
Founded: 2000
£4,996,923,998
886,765,572
Website: http://www.rightmove.co.uk
Address: Rightmove plc
2 Caldecotte Lake Business Park,
Caldecotte Lake Drive,
Milton Keynes,
Buckinghamshire, MK7 8LE,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE RMV Ordinary Shares London Stock Exchange GB GBP 10. Mar 2006
OTCPK RTMV.F Ordinary Shares Pink Sheets LLC US USD 10. Mar 2006
DB 3JDA Ordinary Shares Deutsche Boerse AG DE EUR 10. Mar 2006
BATS-CHIXE RMVL Ordinary Shares BATS 'Chi-X Europe' GB GBP 10. Mar 2006
OTCPK RTMV.Y UNSPONSORED ADR Pink Sheets LLC US USD 14. Apr 2011
Number of employees
Current staff
Staff numbers
565
Rightmove employees.
Industry
Interactive Media and Services
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/23 21:27
End of day share price update: 2019/05/23 00:00
Last estimates confirmation: 2019/05/17
Last earnings filing: 2019/03/01
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.