Rightmove plc
Rightmove plc, together with its subsidiaries, operates digital property advertising and information portal in the United Kingdom and internationally. The company operates through Agency, New Homes, and Other segments. The Agency segment provides resale and lettings property advertising services, and rental operators advertising and rental services on its platforms. The segment also offers tenant… Read more
Rightmove plc (RTMVF) - Net Assets
Latest net assets as of June 2025: $81.73 Million USD
Based on the latest financial reports, Rightmove plc (RTMVF) has net assets worth $81.73 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($124.94 Million) and total liabilities ($43.22 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $81.73 Million |
| % of Total Assets | 65.41% |
| Annual Growth Rate | 14.3% |
| 5-Year Change | -34.34% |
| 10-Year Change | 1118.35% |
| Growth Volatility | 198.29 |
Rightmove plc - Net Assets Trend (2004–2024)
This chart illustrates how Rightmove plc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Rightmove plc (2004–2024)
The table below shows the annual net assets of Rightmove plc from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $80.86 Million | +16.59% |
| 2023-12-31 | $69.36 Million | +1.75% |
| 2022-12-31 | $68.16 Million | -3.36% |
| 2021-12-31 | $70.53 Million | -42.72% |
| 2020-12-31 | $123.14 Million | +197.88% |
| 2019-12-31 | $41.34 Million | +228.51% |
| 2018-12-31 | $12.58 Million | -26.76% |
| 2017-12-31 | $17.18 Million | +113.67% |
| 2016-12-31 | $8.04 Million | +21.17% |
| 2015-12-31 | $6.64 Million | +171.12% |
| 2014-12-31 | $2.45 Million | -72.54% |
| 2013-12-31 | $8.91 Million | +18.66% |
| 2012-12-31 | $7.51 Million | -69.53% |
| 2011-12-31 | $24.65 Million | -11.52% |
| 2010-12-31 | $27.86 Million | +772.66% |
| 2009-12-31 | $3.19 Million | +120.59% |
| 2008-12-31 | $-15.51 Million | -225.15% |
| 2007-12-31 | $12.39 Million | -22.59% |
| 2006-12-31 | $16.01 Million | +184.76% |
| 2005-12-31 | $5.62 Million | +0.79% |
| 2004-12-31 | $5.58 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rightmove plc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1682.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $99.39 Million | 122.92% |
| Common Stock | $795.00K | 0.98% |
| Other Comprehensive Income | $-14.03 Million | -17.35% |
| Total Equity | $80.86 Million | 100.00% |
Rightmove plc Competitors by Market Cap
The table below lists competitors of Rightmove plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GPT Group
PINK:GPTGF
|
$5.40 Billion |
|
DaVita HealthCare Partners Inc
NYSE:DVA
|
$5.40 Billion |
|
China Minmetals Rare Earth Co Ltd
SHE:000831
|
$5.40 Billion |
|
MinebeaMitsumi Inc
F:MEA
|
$5.41 Billion |
|
China Merchants Energy Shipping Co Ltd
SHG:601872
|
$5.39 Billion |
|
Shanghai Fudan Microelectronics Group Co Ltd
SHG:688385
|
$5.38 Billion |
|
Paycom Soft
F:0PY
|
$5.38 Billion |
|
BERKELEY GR.HL LS-054141
F:42BB
|
$5.38 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rightmove plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 69,356,000 to 80,862,000, a change of 11,506,000 (16.6%).
- Net income of 192,713,000 contributed positively to equity growth.
- Dividend payments of 74,308,000 reduced retained earnings.
- Share repurchases of 114,766,000 reduced equity.
- New share issuances of 735,000 increased equity.
- Other comprehensive income decreased equity by 6,463,000.
- Other factors increased equity by 13,595,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $192.71 Million | +238.32% |
| Dividends Paid | $74.31 Million | -91.89% |
| Share Repurchases | $114.77 Million | -141.93% |
| Share Issuances | $735.00K | +0.91% |
| Other Comprehensive Income | $-6.46 Million | -7.99% |
| Other Changes | $13.60 Million | +16.81% |
| Total Change | $- | 16.59% |
Book Value vs Market Value Analysis
This analysis compares Rightmove plc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 87.71x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 2022.56x to 87.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | $0.00 | $8.90 | x |
| 2005-12-31 | $0.00 | $8.90 | x |
| 2006-12-31 | $0.01 | $8.90 | x |
| 2007-12-31 | $0.01 | $8.90 | x |
| 2008-12-31 | $-0.01 | $8.90 | x |
| 2009-12-31 | $0.00 | $8.90 | x |
| 2010-12-31 | $0.03 | $8.90 | x |
| 2011-12-31 | $0.02 | $8.90 | x |
| 2012-12-31 | $0.01 | $8.90 | x |
| 2013-12-31 | $0.01 | $8.90 | x |
| 2014-12-31 | $0.00 | $8.90 | x |
| 2015-12-31 | $0.01 | $8.90 | x |
| 2016-12-31 | $0.01 | $8.90 | x |
| 2017-12-31 | $0.02 | $8.90 | x |
| 2018-12-31 | $0.01 | $8.90 | x |
| 2019-12-31 | $0.05 | $8.90 | x |
| 2020-12-31 | $0.14 | $8.90 | x |
| 2021-12-31 | $0.08 | $8.90 | x |
| 2022-12-31 | $0.08 | $8.90 | x |
| 2023-12-31 | $0.09 | $8.90 | x |
| 2024-12-31 | $0.10 | $8.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rightmove plc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 238.32%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 49.43%
- • Asset Turnover: 3.29x
- • Equity Multiplier: 1.47x
- Recent ROE (238.32%) is below the historical average (674.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 32.65% | 19.83% | 1.22x | 1.35x | $1.26 Million |
| 2005 | 60.09% | 18.56% | 1.39x | 2.32x | $2.82 Million |
| 2006 | 27.13% | 12.92% | 1.52x | 1.38x | $2.74 Million |
| 2007 | 150.48% | 32.88% | 1.66x | 2.75x | $17.41 Million |
| 2008 | 0.00% | 34.44% | 1.52x | 0.00x | $27.05 Million |
| 2009 | 940.40% | 46.54% | 1.20x | 16.83x | $29.71 Million |
| 2010 | 208.16% | 71.12% | 1.61x | 1.82x | $55.22 Million |
| 2011 | 188.63% | 47.93% | 1.88x | 2.09x | $44.04 Million |
| 2012 | 832.57% | 52.40% | 2.96x | 5.36x | $61.80 Million |
| 2013 | 833.82% | 53.12% | 3.63x | 4.32x | $73.44 Million |
| 2014 | 3928.96% | 57.59% | 3.87x | 17.63x | $95.94 Million |
| 2015 | 1649.36% | 56.98% | 3.82x | 7.59x | $108.80 Million |
| 2016 | 1610.82% | 58.88% | 3.64x | 7.52x | $128.74 Million |
| 2017 | 838.60% | 59.23% | 3.39x | 4.18x | $142.38 Million |
| 2018 | 1275.07% | 59.91% | 4.20x | 5.06x | $159.20 Million |
| 2019 | 418.70% | 59.83% | 2.95x | 2.37x | $168.96 Million |
| 2020 | 89.14% | 53.36% | 1.28x | 1.30x | $97.46 Million |
| 2021 | 259.59% | 60.05% | 2.83x | 1.53x | $176.04 Million |
| 2022 | 287.08% | 58.83% | 3.27x | 1.49x | $188.86 Million |
| 2023 | 287.14% | 54.66% | 3.47x | 1.51x | $192.22 Million |
| 2024 | 238.32% | 49.43% | 3.29x | 1.47x | $184.63 Million |
Industry Comparison
This section compares Rightmove plc's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $3,961,320,935
- Average return on equity (ROE) among peers: -43.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rightmove plc (RTMVF) | $81.73 Million | 32.65% | 0.53x | $5.39 Billion |
| ADWYF (ADWYF) | $13.89 Billion | -3.41% | 0.65x | $40.28 Million |
| Allied Energy Inc (AGGI) | $459.19K | -2.50% | 0.26x | $122.37 Million |
| Calibre (ALWIN) | $14.84 Million | -32.00% | 2.03x | $6.06 Million |
| ANGI Homeservices Inc (ANGI) | $176.39 Million | -4.45% | 0.68x | $215.55 Million |
| ApartmentLove Inc (APMLF) | $-156.62K | 0.00% | 0.00x | $1.11K |
| Arena Group Holdings Inc (AREN) | $7.33 Million | -355.75% | 4.07x | $26.45 Million |
| Autohome Inc (ATHM) | $8.95 Billion | 13.71% | 0.05x | $2.50 Billion |
| Bebuzee Inc. (BBUZ) | $237.99 Million | -0.19% | 0.00x | $626.79 |
| BDCTF (BDCTF) | $11.32 Million | -91.21% | 2.48x | $12.72 Million |
| Baidu Inc (BIDU) | $16.33 Billion | 40.66% | 0.43x | $41.50 Billion |