Rightmove plc

LSE:RMV Stock Report

Market Cap: UK£4.6b

Rightmove Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • 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 RMV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: RMV (£5.88) is trading below our estimate of fair value (£6.34)

Significantly Below Fair Value: RMV 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 RMV?

Other financial metrics that can be useful for relative valuation.

RMV 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/Revenue12.2x
Enterprise Value/EBITDA17.5x
PEG Ratio3x

Price to Earnings Ratio vs Peers

How does RMV's PE Ratio compare to its peers?

The above table shows the PE ratio for RMV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average43.8x
AUTO Auto Trader Group
24.9x8.2%UK£7.0b
BCG Baltic Classifieds Group
57.5x19.8%UK£1.5b
TRST Trustpilot Group
80.1x-2.1%UK£1.1b
MONY MONY Group
12.9x9.6%UK£982.9m
RMV Rightmove
23.2x7.7%UK£4.6b

Price-To-Earnings vs Peers: RMV is good value based on its Price-To-Earnings Ratio (23.2x) compared to the peer average (43.8x).

Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a8.9%
 n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a8.9%
 n/an/an/a
No more companies

Price-To-Earnings vs Industry: RMV is expensive based on its Price-To-Earnings Ratio (23.2x) compared to the European Interactive Media and Services industry average (14.9x).

Price to Earnings Ratio vs Fair Ratio

What is RMV'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.

RMV PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio23.2x
Fair PE Ratio23.1x

Price-To-Earnings vs Fair Ratio: RMV is expensive based on its Price-To-Earnings Ratio (23.2x) compared to the estimated Fair Price-To-Earnings Ratio (23.1x).

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 RMV forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUK£5.88
UK£6.62
+12.6%
14.3%UK£8.15UK£5.10n/a19
Nov ’25UK£6.01
UK£6.63
+10.4%
14.7%UK£8.15UK£5.10n/a18
Oct ’25UK£6.30
UK£6.46
+2.5%
13.4%UK£8.15UK£5.10n/a18
Sep ’25UK£5.56
UK£6.19
+11.4%
13.6%UK£7.70UK£4.50n/a19
Aug ’25UK£5.73
UK£6.18
+7.9%
14.9%UK£7.82UK£4.50n/a19
Jul ’25UK£5.32
UK£6.15
+15.6%
14.5%UK£7.45UK£4.50n/a19
Jun ’25UK£5.33
UK£6.20
+16.2%
14.3%UK£7.45UK£4.50n/a19
May ’25UK£5.19
UK£6.18
+19.0%
14.3%UK£7.64UK£4.50n/a19
Apr ’25UK£5.50
UK£6.17
+12.3%
13.7%UK£7.64UK£4.50n/a19
Mar ’25UK£5.66
UK£6.09
+7.6%
15.3%UK£7.64UK£3.75n/a19
Feb ’25UK£5.68
UK£6.05
+6.5%
14.2%UK£7.35UK£3.75n/a19
Jan ’25UK£5.76
UK£6.00
+4.2%
12.5%UK£7.10UK£3.75n/a19
Dec ’24UK£5.52
UK£5.93
+7.3%
12.6%UK£7.10UK£3.75n/a19
Nov ’24UK£4.68
UK£5.91
+26.3%
12.6%UK£6.85UK£3.75UK£6.0118
Oct ’24UK£5.62
UK£5.98
+6.3%
11.6%UK£6.85UK£3.75UK£6.3020
Sep ’24UK£5.59
UK£6.04
+8.1%
10.9%UK£7.00UK£3.85UK£5.5623
Aug ’24UK£5.81
UK£6.01
+3.4%
11.2%UK£7.00UK£3.85UK£5.7323
Jul ’24UK£5.23
UK£5.95
+13.8%
11.9%UK£7.00UK£3.85UK£5.3223
Jun ’24UK£5.31
UK£5.97
+12.4%
13.5%UK£7.99UK£3.85UK£5.3322
May ’24UK£5.74
UK£5.82
+1.4%
11.9%UK£6.75UK£3.85UK£5.1921
Apr ’24UK£5.63
UK£5.85
+3.9%
11.6%UK£6.70UK£3.85UK£5.5021
Mar ’24UK£5.60
UK£5.94
+6.1%
15.3%UK£8.20UK£3.85UK£5.6619
Feb ’24UK£5.81
UK£5.91
+1.7%
16.7%UK£8.20UK£3.85UK£5.6819
Jan ’24UK£5.11
UK£5.94
+16.2%
20.2%UK£8.20UK£3.40UK£5.7620
Dec ’23UK£5.62
UK£5.87
+4.4%
20.3%UK£8.20UK£3.40UK£5.5221
Nov ’23UK£4.99
UK£5.89
+18.1%
20.4%UK£8.20UK£3.40UK£4.6821

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

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