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Rightmove

DB:3JDA
Snowflake Description

Flawless balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
3JDA
DB
£4B
Market Cap
  1. Home
  2. DE
  3. Media
Company description

Rightmove plc operates property portal in the United Kingdom. The last earnings update was 11 days ago. More info.


Add to Portfolio Compare Print
  • Rightmove has significant price volatility in the past 3 months.
3JDA Share Price and Events
7 Day Returns
-9.4%
DB:3JDA
-0.1%
DE Interactive Media and Services
-0.6%
DE Market
1 Year Returns
-13.2%
DB:3JDA
-1.2%
DE Interactive Media and Services
-20.9%
DE Market
3JDA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Rightmove (3JDA) -9.4% -24.7% -30.8% -13.2% - -
DE Interactive Media and Services -0.1% -10.3% -16.2% -1.2% 52.5% -53.5%
DE Market -0.6% -16.6% -26% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • 3JDA underperformed the Interactive Media and Services industry which returned -1.2% over the past year.
  • 3JDA outperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
3JDA
Industry
5yr Volatility vs Market
Related Companies

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.

DB:3JDA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 16 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 5.8%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

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 DB:3JDA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 6.1%
Interactive Media and Services Unlevered Beta Simply Wall St/ S&P Global 1.03
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.029 (1 + (1- 19%) (0.3%))
1.021
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.02
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.021 * 6.07%)
5.81%

Discounted Cash Flow Calculation for DB:3JDA 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.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:3JDA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 5.81%)
2020 179.04 Analyst x8 169.21
2021 203.22 Analyst x10 181.53
2022 212.47 Analyst x6 179.37
2023 207.30 Analyst x1 165.41
2024 211.90 Analyst x1 159.80
2025 213.14 Est @ 0.58% 151.91
2026 213.76 Est @ 0.29% 143.99
2027 213.94 Est @ 0.09% 136.21
2028 213.82 Est @ -0.06% 128.66
2029 213.49 Est @ -0.16% 121.41
Present value of next 10 years cash flows £1,537.00
DB:3JDA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= £213.49 × (1 + -0.39%) ÷ (5.81% – -0.39%)
£3,431.83
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £3,431.83 ÷ (1 + 5.81%)10
£1,951.64
DB:3JDA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £1,537.00 + £1,951.64
£3,488.64
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £3,488.64 / 869.97
£4.01
DB:3JDA Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:3JDA represents 1.09125x of LSE:RMV
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.09125x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (GBP) x Listing Adjustment Factor
= £ 4.01 x 1.09125
€4.38
Value per share (EUR) From above. €4.38
Current discount Discount to share price of €5.15
= -1 x (€5.15 - €4.38) / €4.38
-17.8%

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
DB:3JDA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in GBP £0.20
LSE:RMV Share Price ** LSE (2020-04-06) in GBP £4.72
Germany Interactive Media and Services Industry PE Ratio Median Figure of 5 Publicly-Listed Interactive Media and Services Companies 30.8x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.45x

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

** Primary Listing of Rightmove.

DB:3JDA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 4.72 ÷ 0.20

24.13x

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

  • Rightmove is good value based on earnings compared to the DE Interactive Media and Services industry average.
  • Rightmove is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Rightmove's expected growth come at a high price?
Raw Data
DB:3JDA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 24.13x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 16 Analysts
6.1%per year
Europe Interactive Media and Services Industry PEG Ratio Median Figure of 12 Publicly-Listed Interactive Media and Services Companies 2.54x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

DB:3JDA PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 24.13x ÷ 6.1%

3.95x

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
DB:3JDA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in GBP £0.05
LSE:RMV Share Price * LSE (2020-04-06) in GBP £4.72
Germany Interactive Media and Services Industry PB Ratio Median Figure of 5 Publicly-Listed Interactive Media and Services Companies 5.97x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:3JDA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 4.72 ÷ 0.05

99.97x

* 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 DE 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 1/6, 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.

Future Performance

 How is Rightmove expected to perform in the next 1 to 3 years based on estimates from 16 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
6.1%
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 -0.4%.
Growth vs Market Checks
  • Rightmove's earnings growth is positive but not above the Germany market average.
  • Rightmove's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:3JDA Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:3JDA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 16 Analysts 6.1%
DB:3JDA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 16 Analysts 6.4%
Europe Interactive Media and Services Industry Earnings Growth Rate Market Cap Weighted Average 15.7%
Europe Interactive Media and Services Industry Revenue Growth Rate Market Cap Weighted Average 7.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4%

*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
DB:3JDA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 16 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:3JDA Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31 403 1
2023-12-31 379 1
2022-12-31 339 229 201 11
2021-12-31 316 218 188 16
2020-12-31 266 180 162 14
2020-04-07
DB:3JDA Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-12-31 289 184 173
2019-09-30 285 180 171
2019-06-30 281 176 169
2019-03-31 274 172 165
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

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Rightmove's earnings are expected to grow by 6.1% yearly, however this is not considered high growth (20% yearly).
  • Rightmove's revenue is expected to grow by 6.4% 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
DB:3JDA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 16 Analyst Estimates (S&P Global) See Below

All data from Rightmove Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:3JDA Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31 0.24 0.28 0.16 7.00
2021-12-31 0.22 0.24 0.16 11.00
2020-12-31 0.19 0.22 0.13 11.00
2020-04-07
DB:3JDA Past Financials Data
Date (Data in GBP Millions) EPS *
2019-12-31 0.20
2019-09-30 0.19
2019-06-30 0.19
2019-03-31 0.18
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

*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 Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe 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.

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 (7.9% vs 11.8%)
  • Rightmove's earnings growth has not exceeded the DE Interactive Media and Services industry average in the past year (7.9% vs 13.3%).
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 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:3JDA Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 289.32 173.09 71.67
2019-09-30 284.97 170.87 69.94
2019-06-30 280.61 168.65 68.21
2019-03-31 274.22 164.55 66.80
2018-12-31 267.82 160.46 65.38
2018-09-30 261.34 156.53 64.75
2018-06-30 254.85 152.61 64.12
2018-03-31 249.06 148.35 63.65
2017-12-31 243.27 144.10 63.19
2017-09-30 237.46 139.89 63.08
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

*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.
  • Rightmove made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).
  • Rightmove used its assets more efficiently than the DE 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 3/6, 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.

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.
  • Low level of unsold assets.
  • Rightmove has no debt, it does not need to be covered by short term assets.
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 3 months ago.

DB:3JDA Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 41.34 0.00 36.26
2019-09-30 41.34 0.00 36.26
2019-06-30 47.28 0.00 54.14
2019-03-31 47.28 0.00 54.14
2018-12-31 12.58 0.00 19.94
2018-09-30 12.58 0.00 19.94
2018-06-30 21.74 0.00 28.06
2018-03-31 21.74 0.00 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
  • Rightmove has no debt.
  • Rightmove has not taken on any debt in the past 5 years.
  • Rightmove has no debt, it does not need to be covered by operating cash flow.
  • Rightmove has no debt, therefore coverage of interest payments is not a concern.
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 6/6, 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.

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
0%
Current annual income from Rightmove dividends. Estimated to be 1.64% next year.
If you bought €2,000 of Rightmove shares you are expected to receive €0 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?
  • Unable to evaluate Rightmove's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Rightmove's dividend against the top 25% market benchmark as the company has not reported any payouts.
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
DB:3JDA 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 16 Analyst Estimates (S&P Global) See Below
Europe Interactive Media and Services Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 1.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 315 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

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

DB:3JDA Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31 0.09 11.00
2021-12-31 0.08 17.00
2020-12-31 0.07 17.00
2020-04-07
DB:3JDA Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2020-03-27 0.000 0.000
2019-07-26 0.068 1.171
2019-04-05 0.065 1.185
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
2013-02-25 0.018 1.034
2012-02-24 0.018 1.171
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 >

  • Unable to perform a dividend volatility check as Rightmove has not reported any payouts.
  • Unable to verify if Rightmove's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Rightmove's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Rightmove has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.7x coverage).
X
Income/ dividend checks
We assess Rightmove's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - 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 1/6, see the detailed checks below.


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

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 £2,155,759
TENURE AS CEO 2.9 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 increased by more than 20% in the past year whilst earnings grew less than 20%.
  • Peter's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure of the Rightmove management team in years:

5.2
Average Tenure
  • The average tenure for the Rightmove management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Peter Brooks-Johnson

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

Robyn Perriss

TITLE
Finance Director & Executive Director
COMPENSATION
£2M
TENURE
7 yrs

Sandra Odell

TITLE
Company Secretary
AGE
52
TENURE
3.4 yrs

Thomas Shipside

TITLE
Commercial Director
COMPENSATION
£20K
AGE
59
TENURE
19.3 yrs

Peter Armstrong

TITLE
Commercial Property Director
Board of Directors Tenure

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

2.5
Average Tenure
50
Average Age
  • The average tenure for the Rightmove board of directors is less than 3 years, this suggests a new board.
Board of Directors

Andrew Fisher

TITLE
Independent Non-Executive Chairman
AGE
48
TENURE
0.3 yrs

Peter Brooks-Johnson

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

Robyn Perriss

TITLE
Finance Director & Executive Director
COMPENSATION
£2M
TENURE
7 yrs

Andy Findlay

TITLE
Independent Non-Executive Director
COMPENSATION
£70K
AGE
50
TENURE
2.8 yrs

Lorna Tilbian

TITLE
Independent Non-Executive Director
COMPENSATION
£65K
AGE
62
TENURE
2.2 yrs

Jacqueline de Rojas

TITLE
Senior Independent Non-Executive Director
COMPENSATION
£58K
AGE
56
TENURE
0.9 yrs

Parekh Goss-Custard

TITLE
Independent Non-Executive Director
COMPENSATION
£55K
AGE
45
TENURE
5.8 yrs

Amit Tiwari

TITLE
Independent Non-Executive Director
COMPENSATION
£32K
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
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.

News

Simply Wall St News

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 advertising and 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
3JDA
Exchange: DB
Founded: 2000
£4,663,150,658
869,965,059
Website: http://www.plc.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
600
Rightmove employees.
Industry
Interactive Media and Services
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 00:28
End of day share price update: 2020/04/06 00:00
Last estimates confirmation: 2020/04/06
Last earnings filing: 2020/03/27
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


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.