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OnTheMarket

AIM:OTMP
Snowflake Description

High growth potential with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
OTMP
AIM
£52M
Market Cap
  1. Home
  2. GB
  3. Media
Company description

OnTheMarket plc provides property search services for buyers, sellers, landlords, and tenants in the United Kingdom. The last earnings update was 64 days ago. More info.


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OTMP Share Price and Events
7 Day Returns
7.3%
AIM:OTMP
-2.1%
GB Interactive Media and Services
1.7%
GB Market
1 Year Returns
-22.2%
AIM:OTMP
11.5%
GB Interactive Media and Services
8.1%
GB Market
OTMP Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
OnTheMarket (OTMP) 7.3% 18.4% -16.6% -22.2% - -
GB Interactive Media and Services -2.1% 0.4% 1.3% 11.5% 31.3% 81.9%
GB Market 1.7% 0.1% 0.6% 8.1% 4% 8%
1 Year Return vs Industry and Market
  • OTMP underperformed the Interactive Media and Services industry which returned 11.5% over the past year.
  • OTMP underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 8.1% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is OnTheMarket 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 OnTheMarket 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 OnTheMarket.

AIM:OTMP Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.8%
Perpetual Growth Rate 10-Year GB Government Bond Rate 0.5%

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 AIM:OTMP
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 6.1%
Interactive Media and Services Unlevered Beta Simply Wall St/ S&P Global 1.04
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.043 (1 + (1- 19%) (0.72%))
1.033
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.03
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.53% + (1.033 * 6.07%)
6.8%

Discounted Cash Flow Calculation for AIM:OTMP using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for OnTheMarket 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.

AIM:OTMP DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 6.8%)
2020 -10.70 Analyst x1 -10.02
2021 0.40 Analyst x1 0.35
2022 6.90 Analyst x1 5.66
2023 12.66 Est @ 83.44% 9.73
2024 20.07 Est @ 58.57% 14.45
2025 28.33 Est @ 41.16% 19.09
2026 36.54 Est @ 28.97% 23.06
2027 44.01 Est @ 20.44% 26.00
2028 50.37 Est @ 14.47% 27.87
2029 55.55 Est @ 10.28% 28.77
Present value of next 10 years cash flows £144.00
AIM:OTMP DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= £55.55 × (1 + 0.53%) ÷ (6.8% – 0.53%)
£890.74
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £890.74 ÷ (1 + 6.8%)10
£461.36
AIM:OTMP Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £144.00 + £461.36
£605.36
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £605.36 / 64.82
£9.34
AIM:OTMP Discount to Share Price
Calculation Result
Value per share (GBP) From above. £9.34
Current discount Discount to share price of £0.81
= -1 x (£0.81 - £9.34) / £9.34
91.4%

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

Current Discount
Amount off the current price OnTheMarket is available for.
Intrinsic value
>50%
Share price is £0.81 vs Future cash flow value of £9.34
Current Discount Checks
For OnTheMarket to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • OnTheMarket's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • OnTheMarket's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 OnTheMarket's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are OnTheMarket's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:OTMP PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-07-31) in GBP £-0.26
AIM:OTMP Share Price ** AIM (2019-12-13) in GBP £0.81
Europe Interactive Media and Services Industry PE Ratio Median Figure of 22 Publicly-Listed Interactive Media and Services Companies 30.46x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 751 Publicly-Listed Companies 17.26x

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

** Primary Listing of OnTheMarket.

AIM:OTMP PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:OTMP Share Price ÷ EPS (both in GBP)

= 0.81 ÷ -0.26

-3.15x

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

  • OnTheMarket is loss making, we can't compare its value to the Europe Interactive Media and Services industry average.
  • OnTheMarket is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does OnTheMarket's expected growth come at a high price?
Raw Data
AIM:OTMP PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.15x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
95.7%per year
Europe Interactive Media and Services Industry PEG Ratio Median Figure of 13 Publicly-Listed Interactive Media and Services Companies 1.89x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 560 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for OnTheMarket, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on OnTheMarket's assets?
Raw Data
AIM:OTMP PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-07-31) in GBP £0.20
AIM:OTMP Share Price * AIM (2019-12-13) in GBP £0.81
United Kingdom of Great Britain and Northern Ireland Interactive Media and Services Industry PB Ratio Median Figure of 8 Publicly-Listed Interactive Media and Services Companies 2.87x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,311 Publicly-Listed Companies 1.52x
AIM:OTMP PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:OTMP Share Price ÷ Book Value per Share (both in GBP)

= 0.81 ÷ 0.20

3.96x

* Primary Listing of OnTheMarket.

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

  • OnTheMarket is overvalued based on assets compared to the GB Interactive Media and Services industry average.
X
Value checks
We assess OnTheMarket'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. OnTheMarket has a total score of 2/6, 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 OnTheMarket expected to perform in the next 1 to 3 years based on estimates from 2 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
95.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is OnTheMarket expected to grow at an attractive rate?
  • OnTheMarket's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • OnTheMarket's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • OnTheMarket's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
AIM:OTMP Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:OTMP Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 95.7%
AIM:OTMP Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 38.5%
United Kingdom of Great Britain and Northern Ireland Interactive Media and Services Industry Earnings Growth Rate Market Cap Weighted Average 12.1%
United Kingdom of Great Britain and Northern Ireland Interactive Media and Services Industry Revenue Growth Rate Market Cap Weighted Average 8.8%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 12.4%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 3.6%

*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
AIM:OTMP Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:OTMP Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-01-31 38 10 5 2
2021-01-31 28 3 -3 2
2020-01-31 18 -9 -13 2
2019-12-13
AIM:OTMP Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-07-31 15 -12 -16
2019-04-30 15 -12 -15
2019-01-31 14 -12 -15
2018-10-31 14 -8 -17
2018-07-31 14 -4 -20
2018-04-30 14 0 -16
2018-01-31 14 4 -12
2017-10-31 15 3 -7
2017-07-31 16 2 -2
2017-04-30 17 1 -3
2017-01-31 18 0 -4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • OnTheMarket's earnings are expected to grow significantly at over 20% yearly.
  • OnTheMarket's revenue is expected to grow significantly at over 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
AIM:OTMP 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 2 Analyst Estimates (S&P Global) See Below

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

AIM:OTMP Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-01-31 0.04 0.04 0.04 1.00
2021-01-31 -0.03 -0.03 -0.03 1.00
2020-01-31 -0.15 -0.15 -0.15 1.00
2019-12-13
AIM:OTMP Past Financials Data
Date (Data in GBP Millions) EPS *
2019-07-31 -0.26
2019-04-30 -0.25
2019-01-31 -0.24
2018-10-31 -0.32
2018-07-31 -0.41
2018-04-30 -0.38
2018-01-31 -0.34
2017-10-31 -0.19
2017-07-31 -0.05
2017-04-30 -0.08
2017-01-31 -0.11

*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.
  • Unable to establish if OnTheMarket will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess OnTheMarket'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.
OnTheMarket has a total score of 5/6, 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 OnTheMarket 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 OnTheMarket'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.
  • OnTheMarket does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare OnTheMarket's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare OnTheMarket's 1-year growth to the Europe Interactive Media and Services industry average as it is not currently profitable.
Earnings and Revenue History
OnTheMarket'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 OnTheMarket Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:OTMP Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-07-31 15.21 -15.75 27.75
2019-04-30 14.69 -15.12 26.84
2019-01-31 14.17 -14.50 25.92
2018-10-31 13.93 -17.10 21.08
2018-07-31 13.70 -19.71 16.24
2018-04-30 13.62 -15.90 12.22
2018-01-31 13.55 -12.09 8.20
2017-10-31 14.59 -6.89 9.34
2017-07-31 15.63 -1.69 10.47
2017-04-30 16.73 -2.86 12.51
2017-01-31 17.83 -4.02 14.54
2016-01-31 17.85 -3.12 19.58
2015-01-31 1.98 -3.18 4.51

*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.
  • It is difficult to establish if OnTheMarket has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if OnTheMarket has efficiently used its assets last year compared to the Europe Interactive Media and Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if OnTheMarket improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess OnTheMarket'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.
OnTheMarket has a total score of 0/6, 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 OnTheMarket'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 OnTheMarket's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • OnTheMarket is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • OnTheMarket's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of OnTheMarket'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.
  • OnTheMarket 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 OnTheMarket Company Filings, last reported 4 months ago.

AIM:OTMP Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-07-31 12.68 0.00 8.81
2019-04-30 12.68 0.00 8.81
2019-01-31 17.29 0.00 15.67
2018-10-31 17.29 0.00 15.67
2018-07-31 24.86 0.00 24.31
2018-04-30 24.86 0.00 24.31
2018-01-31 -9.67 12.47 3.17
2017-10-31 -9.67 12.47 3.17
2017-07-31 -7.09 12.00 2.45
2017-04-30 -7.09 12.00 2.45
2017-01-31 -9.00 12.64 2.26
2016-01-31 -6.47 10.71 3.56
2015-01-31 -3.34 8.15 2.04
  • OnTheMarket has no debt.
  • OnTheMarket currently has no debt however we can't compare to 5 years ago as we have no data for that period.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • OnTheMarket has less than a year of cash runway based on current free cash flow.
  • OnTheMarket has less than a year of cash runway if free cash flow continues to grow at historical rates of 116.1% each year.
X
Financial health checks
We assess OnTheMarket'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. OnTheMarket 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.

Dividends

 What is OnTheMarket'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 OnTheMarket dividends.
If you bought £2,000 of OnTheMarket 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 OnTheMarket's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate OnTheMarket'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
AIM:OTMP 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 2 Analyst Estimates (S&P Global) See Below
Europe Interactive Media and Services Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 1.2%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 676 Stocks 4.5%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.1%
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 5.2%

Industry and Market average data is calculated daily.

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

AIM:OTMP Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2022-01-31
2021-01-31
2020-01-31
2019-12-13

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

  • Unable to perform a dividend volatility check as OnTheMarket has not reported any payouts.
  • Unable to verify if OnTheMarket's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of OnTheMarket's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as OnTheMarket has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess OnTheMarket's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - 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 OnTheMarket afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. OnTheMarket has a total score of 0/6, 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 OnTheMarket'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
Ian Springett
COMPENSATION £250,000
TENURE AS CEO 6.7 years
CEO Bio

Mr. Ian Springett has been the Founding Chief Executive Officer of On The Market Limited since April 2013 and serves as its Director. After holding a number of senior banking roles over 15 years within NatWest Group, the last five years of which as Managing Director of Lombard Bank, Mr. Springett founded PrimeLocation.com in 2000 and, as Chief Executive, led its growth and ultimate sale to DMGT in 2006. He remained with the business until 2008, when he left to pursue other interests. From 2012, he worked with the agent founders of Agents’ Mutual to develop its strategy and proposition and led the recruitment of the broader group of agents who provided funding for the venture in early 2014. He has driven the successful launch and growth of the OnTheMarket.com business and led its recent demutualisation in preparation for the planned capital raising.

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

Ian Springett

TITLE
CEO & Director
COMPENSATION
£250K
TENURE
6.7 yrs

Clive Beattie

TITLE
CFO & Director
COMPENSATION
£190K

Helen Whiteley

TITLE
Commercial Director & Director
COMPENSATION
£200K

Morgan Ross

TITLE
Chief Technology Officer

R. Almond

TITLE
Company Secretary
TENURE
2 yrs
Board of Directors Tenure

Average tenure of the OnTheMarket board of directors in years:

2.4
Average Tenure
  • The average tenure for the OnTheMarket board of directors is less than 3 years, this suggests a new board.
Board of Directors

Chris Bell

TITLE
Non-Executive Chairman
COMPENSATION
£100K
AGE
61
TENURE
2.2 yrs

Ian Springett

TITLE
CEO & Director
COMPENSATION
£250K
TENURE
2.4 yrs

Clive Beattie

TITLE
CFO & Director
COMPENSATION
£190K
TENURE
2.4 yrs

Helen Whiteley

TITLE
Commercial Director & Director
COMPENSATION
£200K
TENURE
2.4 yrs

Ian Francis

TITLE
Non-Executive Director
COMPENSATION
£53K
AGE
60
TENURE
2.2 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 OnTheMarket'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. OnTheMarket 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

What Kind Of Investor Owns Most Of OnTheMarket plc (LON:OTMP)?

OnTheMarket is a smaller company with a market capitalization of UK£62m, so it may still be flying under the radar of many institutional investors. … General Public Ownership The general public, mostly retail investors, hold a substantial 58% stake in OTMP, suggesting it is a fairly popular stock. … Private Company Ownership Our data indicates that Private Companies hold 12%, of the company's shares.

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Volatility 101: Should OnTheMarket (LON:OTMP) Shares Have Dropped 41%?

View our latest analysis for OnTheMarket OnTheMarket isn't a profitable company, so it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). … Shareholders of unprofitable companies usually expect strong revenue growth. … You could get a better understanding of OnTheMarket's growth by checking out this more detailed historical graph of earnings, revenue and cash flow.

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Why OnTheMarket plc (LON:OTMP) Is An Attractive Investment To Consider

Looking at the company as a whole, as a potential stock investment, I believe OTMP has a lot to offer. … Flawless balance sheet with high growth potential One reason why investors are attracted to OTMP is its notable earnings growth potential in the near future of 91%. … Investors’ risk associated with debt is virtually non-existent and the company has plenty of headroom to grow debt in the future, should the need arise.

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OnTheMarket plc's (LON:OTMP) Shift From Loss To Profit

In this article, I will touch on the expectations for OTMP’s growth and when analysts expect the company to become profitable. … OTMP currently has no debt on its balance sheet, which is rare for a loss-making loss-making, growth company, which usually has a high level of debt relative to its equity. … Next Steps: This article is not intended to be a comprehensive analysis on OTMP, so if you are interested in understanding the company at a deeper level, take a look at OTMP’s company page on Simply Wall St.

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Those Who Purchased OnTheMarket (LON:OTMP) Shares A Year Ago Have A 14% Loss To Show For It

Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. … In the last year OnTheMarket saw its revenue grow by 3.6%. … Given this lacklustre revenue growth, the share price drop of 14% seems pretty appropriate.

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Should OnTheMarket plc (LON:OTMP) Be Your Next Stock Pick?

I've been keeping an eye on OnTheMarket plc (LON:OTMP) because I'm attracted to its fundamentals. … Looking at the company as a whole, as a potential stock investment, I believe OTMP has a lot to offer. … is a company with

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Brief Commentary On OnTheMarket plc's (LON:OTMP) Fundamentals

Building up an investment case requires looking at a stock holistically. … Today I've chosen to put the spotlight on OnTheMarket plc (LON:OTMP) due to its excellent fundamentals in more than one area.

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What does OnTheMarket plc's (LON:OTMP) Balance Sheet Tell Us About Its Future?

OnTheMarket plc (LON:OTMP), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … Is OTMP growing fast enough to value financial flexibility over lower cost of capital. … Debt capital generally has lower cost of capital compared to equity funding

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What Should Investors Know About OnTheMarket plc's (LON:OTMP) Capital Returns?

Your equity share is granted in return for the capital provided to the business to operate, and in order for an investment to be successful the business has to create earnings from the funds that make up this capital. … This is because the actual cash flow generated by the business dictates the potential for income (dividends) and capital appreciation (price increases), which are the two ways to achieve positive returns when buying a stock. … To understand OnTheMarket’s capital returns we will look at a useful metric called return on capital employed.

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OnTheMarket plc (LON:OTMP): When Will It Breakeven?

The UK£100.52m market-cap company announced a latest loss of -UK£12.09m on 31 January 2018 for its most recent financial year result? … I’ve put together a brief outline of industry analyst expectations for OTMP, its year of breakeven and its implied growth rate … Check out our latest analysis for OnTheMarket

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Company Info

Description

OnTheMarket plc provides property search services for buyers, sellers, landlords, and tenants in the United Kingdom. It owns and operates online residential property portal on OnTheMarket.com that offers property for sale and rent, finds agents, student accommodation, farms, estates and land, and property valuation. The company was founded in 2015 and is based in London, the United Kingdom.

Details
Name: OnTheMarket plc
OTMP
Exchange: AIM
Founded: 2015
£52,178,448
64,817,948
Website: http://plc.onthemarket.com
Address: OnTheMarket plc
2-6 Boundary Row,
London,
Greater London, SE1 8HP,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM OTMP Ordinary Shares London Stock Exchange AIM Market GB GBP 09. Feb 2018
Number of employees
Current staff
Staff numbers
103
OnTheMarket employees.
Industry
Interactive Media and Services
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/13 22:33
End of day share price update: 2019/12/13 00:00
Last estimates confirmation: 2019/12/10
Last earnings filing: 2019/10/10
Last earnings reported: 2019/07/31
Last annual earnings reported: 2019/01/31


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.