Added to YB: 2026-03-13
Pitch date: 2026-03-11
RMV.L [bullish]
Rightmove plc
-0.33%
current return
Author Info
No bio for this author
Company Info
Rightmove plc, together with its subsidiaries, operates digital property advertising and information portal in the United Kingdom and internationally.
Market Cap
GBP 3.5B
Pitch Price
GBP 4.55
Price Target
N/A
Dividend
2.33%
EV/EBITDA
11.69
P/E
16.28
EV/Sales
8.04
Sector
Interactive Media and Services
Category
value
An Update on Rightmove
RMV.L (holding update): UK property portal down 45% since May '25, now 14x fwd P/E (lowest ex-GFC vs 25x 20yr avg). Q4 rev +9% YoY, guiding 8-10% '26 rev growth, 5%+ EPS. AI fears overblown: 90% proprietary data, 85% organic traffic, £137M total opex vs ChatGPT disruption risk. Repurchasing ~5% annually. Base case 12-17% IRR to 20x P/E.
Read full article (7 min)