Rightmove plc (RMV) fair value: what the stock is really worth
As of Oct 19, 2026: fair value (intrinsic value) of Rightmove plc stock £5.96, price £5.42, upside +10.0%, quality 93 out of 100. Rating: fairly valued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 19, 2026.
How to read this chart
60‑month range £4.00 – £8.00 · fair‑value band £3.82 – £7.75 · the £5.42 price screens below the £5.96 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 19, 2026.
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Rightmove plc, together with its subsidiaries, operates property portal in the United Kingdom and internationally. The company operates through Agency, New Homes, and Other segments.
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The Agency segment provides resale and lettings property advertising services, and rental operators advertising and rental services on its platforms. This segment also offers tenant referencing and rent guarantee insurance services to lettings agents and landlords.
The New Homes segment provides property advertising services to new home developers and housing associations on its platforms.
The Other segment offers commercial and overseas property advertising services; non-property advertising services that include third party advertising and data services; and mortgage services.
The company serves property professionals, such as residential and commercial estate/letting agents, residential developers and operators, surveyors, lenders, mortgage lenders/brokers, home services providers, and other professionals.
Rightmove plc was founded in 2000 and is based in Milton Keynes, the United Kingdom.
Stock analysis
Rightmove plc (RMV) currently trades at £5.42, while our model-based Fair Value estimate is £5.96, implying the stock looks roughly 9.1% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of £6.13 per share, and 11 of the 24 models we run sit above the £5.42 price.
Bear case: the Multiples group reads lowest at £2.06, and 13 of the 24 models stay below the price. Data coverage for this calculation is high.
Scenario range: £3.82 (bear) to £7.75 (bull), the price of £5.42 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 93/100 (high quality), in the Communication Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Rightmove plc reported revenue of £425M in FY2025 versus £305M in FY2021, a compound +8.7%/yr. Reported net income was £217M in FY2025, compounding +4.3%/yr from FY2021.
Key figures
Market cap £4.1B Mid · P/E ratio 18.7 · P/S ratio 9.33 · EPS (TTM) £0.2900 · Dividend yield 2.0% · Net margin 49.7% · Return on equity 282% · Return on assets (EBIT) 226%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 96 out of 100 (medium confidence).
What moves the price
The share trades about 20% below its 52-week high and 35% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at 10% fair-value upside, at 10%, RMV screens cheaper than that median.
Fair Value models
Bear£3.82Fair Value £5.96Bull£7.75
Price £5.42 · Upside +10.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (£0.1461 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+9.0%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+8.5%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+15.6%
Start year 2020 (pandemic). Over 10 years: +8.3% a year
Revenue growth 21 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+20.0%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+9.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year+7.6%
Dividend (yield on the price)2.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.7.6% vs 9.6%, steady
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.66% → 68%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
Price in line with expectations
The price assumes less growth than the company has delivered so far and about what analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+7.7%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+6.7%
Yearly sales growth analysts expect, extended to five years.
After inflation (UK: IMF forecast 2.3% a year to 2030, 3.3% from 2016 to 2025) that is about +5.2% a year for the price and +4.3% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (100 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Negative
Recent news coverage is more negative than average.
Rightmove keeps purchasing its own shares under the buyback programme launched in July while new homes development numbers remain under pressure. The core agency platform continues to deliver strong cash flows that fund these returns and dividends. Will the resilience of its established listings business outweigh the drag from slower new homes activity over the coming quarters?
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Internet Content & Information · 126 stocks
Beats the industry median on 8/15 measures
A mixed picture versus its industry peers.
Valuation
Quality Score93 · Top 25%
Fair Value upside+10.0% · Above median
Profitability
Return on equity (12 months)282.4% · Top 25%
Return on assets169.3% · Top 25%
Net margin (12 months)49.7% · Top 25%
Operating margin (12 months)66.6% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)6.7% · Above median
Dividend yield (12 months)2.0% · Above median
Balance sheet
Debt / equity0.14× · Above median
Valuation Multiplesvs Internet Content & Information median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Rightmove plc Fair Value". https://www.fairvalue-calculator.com/stock/RMV
Frequently asked questions
Is Rightmove plc (RMV) overvalued or undervalued?
As of Oct 19, 2026, our model estimates a fair value of £5.96 versus a price of £5.42, about +10% upside (undervalued).
What is the fair value of RMV?
Our model-based fair value for Rightmove plc is £5.96 (as of Oct 19, 2026), built from audited fundamentals. The current price: £5.42.
What is the quality score of RMV?
Rightmove plc has a Quality Score of 93/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Rightmove plc (RMV)?
Our model-based price target is the fair value of £5.96 (as of Oct 19, 2026) from 24 valuation models. Cautious scenario £3.82, optimistic scenario £7.75. It is a calculation from audited fundamentals, not an analyst target.
What is the Rightmove plc stock forecast for 2026?
Our models put fair value at £5.96, about +10% upside versus a price of £5.42 (undervalued). Cautious scenario £3.82, optimistic scenario £7.75. The calculation is refreshed regularly with new filings.
What is the revenue of Rightmove plc (RMV)?
Rightmove plc reported trailing-twelve-month revenue of about £439M (latest available figure, as of Oct 19, 2026).
Does Rightmove plc pay a dividend?
Rightmove plc currently shows a dividend yield of 1.99% relative to its recent price (as of Oct 19, 2026).
What growth is priced into Rightmove plc (RMV)?
For today's price to be fair in a discounted-cash-flow model, Rightmove plc would have to grow free cash flow by +7.7 % per year for five years (discount rate 10.1 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +15.6 % per year. As of Oct 19, 2026.
What discount rate (WACC) does the fair value of RMV use?
Our models discount Rightmove plc at 10.1 %: a base by market capitalisation (mid), damped by beta 0.94, country premium for United Kingdom. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Rightmove plc that is +7.7 % per year a year over ten years, using the same discount rate (10.1 %) and the same formula as our fair value.
How much growth has Rightmove plc (RMV) delivered so far?
Over the past 5 years revenue at Rightmove plc grew +15.6 % a year. The price currently implies +7.7 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Rightmove plc (RMV) growing?
The median revenue growth in the sector is +3.4 % a year. That is the yardstick for the growth priced into Rightmove plc (+7.7 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Rightmove plc (RMV)?
The free-cash-flow yield on the price is 5.81 %: that much free cash flow Rightmove plc produces per unit of market value. When it exceeds the discount rate of our models (10.1 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Rightmove plc (RMV)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Rightmove plc it is £5.96 per share (as of Oct 19, 2026), against a price of £5.42. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Rightmove plc stock overvalued or undervalued in 2026?
As of Oct 19, 2026, RMV trades below its calculated fair value: price £5.42, fair value £5.96, a gap of about +10% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of RMV?
No. The price is what the market pays today (£5.42); the fair value is what the company's own numbers justify (£5.96). For Rightmove plc the two are £0.5420 per share apart. That gap is exactly why we show both numbers side by side.
How much is Rightmove plc worth?
The market values Rightmove plc at about £4.1B (market capitalisation, as of Oct 19, 2026). Per share that is £5.42; our models calculate a fair value of £5.96 per share.
What do the bullish and bearish scenarios say about RMV?
Our models span a range for Rightmove plc: cautious scenario £3.82, base £5.96, optimistic £7.75 per share (as of Oct 19, 2026, price £5.42). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of RMV?
Rightmove plc trades at a price-to-earnings ratio of 18.7 (as of Oct 19, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of £5.96 is built from several models across several years. Other multiples: PEG 2.0, P/B 49.8, P/S 9.3, EV/EBITDA 13.8.
What is the PEG ratio of RMV?
The PEG ratio of Rightmove plc is 2.00 (P/E divided by earnings growth, as of Oct 19, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Rightmove plc (RMV)?
Balance-sheet figures for Rightmove plc (as of Oct 19, 2026): return on equity 282.4%, debt of 0.14 per unit of equity. They feed the Quality Score of 93/100, which measures business quality independently of the share price.
How far is RMV from its 52-week high?
Rightmove plc trades at £5.42, about 20% below its 52-week high of £6.76 and 35% above the low of £4.00 (as of Oct 19, 2026). Distance from the high says nothing about value: that is what the fair value of £5.96 is for.
Which stocks are comparable to Rightmove plc?
From the same area (Communication Services) we also value Alphabet Inc, Meta Platforms, Inc, Tencent Holdings, Spotify Technology S.A, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Rightmove plc stock attractive at the current price?
The data as of Oct 19, 2026: price £5.42, calculated fair value £5.96 (+10%), Quality Score 93/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of RMV calculated?
We run Rightmove plc through 24 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of £5.96, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.9 % above its aggregate fair value. Rightmove plc currently trades 9 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Rightmove plc (RMV)?
The closing price on Oct 19, 2026 was £5.42. Our model-based fair value is £5.96, about +10% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Rightmove plc right now?
A fairly wide model range (£3.82 to £7.75) leaves room in how you read the outcome. The price sits in the lower half of our model range, the side with the larger margin of safety. The data supports the verdict: every model runs on fully documented inputs.
Where does the earnings growth of Rightmove plc (RMV) come from?
Earnings per share at Rightmove plc grew +9.4 % a year from 2014 to 2025. Broken into its drivers: revenue per share +10.8 %, EBIT margin −0.7 %, tax rate −0.6 %, residual (interest, one-offs) +0.1 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Rightmove plc
How large is the market capitalisation of Rightmove plc (RMV)?
The market capitalisation of Rightmove plc is £4.1B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Rightmove plc (RMV)?
The price-to-sales ratio of Rightmove plc is 9.33 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Rightmove plc (RMV)?
Earnings per share at Rightmove plc are £0.2900 (price ÷ EPS = P/E 18.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Rightmove plc (RMV)?
The dividend yield of Rightmove plc is 2.0% (payout 37.2%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Rightmove plc (RMV)?
The net margin of Rightmove plc is 49.7% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Rightmove plc (RMV)?
The return on equity (ROE) of Rightmove plc is 282% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Rightmove plc (RMV)?
On an EBIT basis the return on assets of Rightmove plc is 226% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Rightmove plc (RMV)?
The operating margin of Rightmove plc is 66.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Rightmove plc (RMV)?
Revenue at Rightmove plc is growing +6.7% versus a year earlier (3y avg +8.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Rightmove plc (RMV)?
Earnings per share at Rightmove plc are growing +4.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Rightmove plc (RMV) hold?
Rightmove plc holds more cash than debt, £35.7M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Broad data
Oct 19, 2026