Rightmove (RTMVY) AI Stock Analysis

• Market Cap: $7.98B
• Dividend Yield: 1.22%
• Average Volume (3M): 15.67K
• Price to Earnings (P/E): 30.6
• Beta (1Y): 0.36
• Revenue Growth: 11.63%
• EPS Growth: 8.12%
• Country: US
• Employees: 900
• Sector: Communication Services
• Sector Strength: 90
• Industry: Internet Content & Information
• EPS (TTM): 0.37
• Shares Outstanding: 386,885,160
• 10 Day Avg. Volume: 11,906
• 30 Day Avg. Volume: 15,672
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.05
• Enterprise Value/Revenue: 23.97
• Enterprise Value/Gross Profit: 24.31
• Enterprise Value/Ebitda: 33.30
• 1Y Price Target: $24.00
• Price Target Upside: 16.96% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 80 Outperform
• Price Target: $24.00 ▲(16.96% Upside)

Rightmove's strong financial performance is the primary driver of the stock score, highlighting its profitability and financial stability. Positive technical indicators also contribute, though caution is advised due to potential overvaluation and overbought signals.

Rightmove Business Overview & Revenue Model

Company Description

Rightmove (RTMVY) is a leading online property portal based in the United Kingdom, primarily serving the residential and commercial real estate sectors. Established in 2000, Rightmove offers a platform for property listings, enabling users to buy, sell, and rent homes. The company connects estate agents, developers, and private sellers with potential buyers and renters, providing tools for property search, market analysis, and advertising. Rightmove's core services include property listings, valuation tools, and marketing solutions for real estate professionals, making it a pivotal player in the UK property market.

How the Company Makes Money

Rightmove generates revenue primarily through subscription fees charged to estate agents and property developers for listing properties on its platform. These subscription packages vary based on the number of listings and additional features such as enhanced visibility or marketing tools. The company also earns revenue from advertising, where local businesses can promote their services to users browsing property listings. In addition, Rightmove has established partnerships with various real estate agencies and financial service providers, which can enhance its offerings and attract more users to the platform. Overall, the company's revenue model is heavily reliant on the volume of property listings and the engagement of its user base, which drives both subscription and advertising revenue.

Rightmove Financial Statement Overview

Summary

Rightmove exhibits strong financial health with robust revenue and profit growth, high profitability margins, and effective cash flow management. The solid balance sheet with low leverage supports financial stability, although the high ROE suggests potential risk from leverage.

Income Statement

Rightmove has demonstrated strong and consistent revenue and profit growth, with a notable revenue growth rate of 7.02% from 2023 to 2024. The company maintains excellent profitability with a gross profit margin of 100%, indicating efficient cost management, and a net profit margin of 49.42% in 2024, which is exceptionally high. The EBIT margin of 65.74% and EBITDA margin of 67.86% further highlight robust operational efficiency.

Balance Sheet

The balance sheet reflects a solid financial position with a low debt-to-equity ratio of 0.08, indicating minimal leverage. The equity ratio stands at 68.24%, showcasing a strong equity base relative to total assets. Return on Equity (ROE) is impressive at 238.20%, driven by high net income relative to equity, although high leverage can pose long-term risk.

Cash Flow

Rightmove demonstrates excellent cash flow management, with a free cash flow growth rate of -0.58% from 2023 to 2024, indicating stable cash generation. The operating cash flow to net income ratio is healthy at 1.10, and the free cash flow to net income ratio is 1.05, reflecting strong cash conversion efficiency.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	349.43M	389.88M	364.32M	332.62M	304.89M	205.72M
Gross Profit	344.54M	389.88M	364.32M	328.04M	304.89M	205.72M
EBITDA	251.53M	264.55M	259.63M	243.06M	230.56M	136.99M
Net Income	196.75M	192.71M	199.15M	195.68M	183.09M	109.78M
Balance Sheet
Total Assets	98.15M	118.50M	104.87M	101.76M	107.58M	160.44M
Cash, Cash Equivalents and Short-Term Investments	35.75M	41.14M	38.77M	40.14M	47.99M	96.69M
Total Debt	12.21M	6.16M	7.40M	9.57M	11.01M	12.31M
Total Liabilities	56.81M	37.64M	35.52M	33.60M	37.05M	37.30M
Stockholders Equity	41.34M	80.86M	69.36M	68.16M	70.53M	123.14M
Cash Flow
Free Cash Flow	198.78M	202.19M	203.37M	195.24M	194.30M	92.81M
Operating Cash Flow	201.25M	211.27M	206.71M	198.09M	195.02M	96.29M
Investing Cash Flow	-2.60M	-17.23M	-1.65M	-2.59M	-5.70M	824.00K
Financing Cash Flow	-199.49M	-191.92M	-206.51M	-203.40M	-243.02M	-32.54M

Rightmove Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 20.52
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RTMVY, the sentiment is Neutral. The current price of 20.52 is below the 20-day moving average (MA) of 21.15, below the 50-day MA of 21.17, and above the 200-day MA of 18.47, indicating a neutral trend. The MACD of -0.15 indicates Positive momentum. The RSI at 37.06 is Neutral, neither overbought nor oversold. The STOCH value of 7.79 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for RTMVY.

Rightmove Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RTMVY	80 Outperform	$7.98B	30.61	269.74%	1.22%	11.63%	8.12%
ZG	75 Outperform	$20.62B	―	-1.34%	―	15.31%	56.19%
Z	73 Outperform	$20.62B	―	-1.34%	―	15.31%	56.19%
CARG	73 Outperform	$3.37B	27.49	29.24%	―	4.80%	―
Sector *	60 Neutral	$43.56B	4.52	-12.81%	4.07%	1.87%	-43.08%
NBIS	59 Neutral	$16.80B	76.68	4.95%	―	-95.06%	1.92%
TRVG	52 Neutral	$224.98M	―	-12.44%	―	8.29%	87.33%