RTMVF - Rightmove: High-Quality Business With 4% FCF Yield & 10% Growth
Introduction
Rightmove (OTCPK:RTMVF) (U.K. ticker RMV) shares fell by as much as 6% after 2018 results were released last Friday (Mar 1, 2019), before finishing the day down 2%. At 471.9p, they remain 13% below their 52-week high of 539.6p. This article will examine whether RMV shares represent an attractive investment.
Company Overview
RMV is the #1 platform for U.K. estate agents. It is primarily a listing website for residential properties (for both sale & rental), and is free for potential buyers and tenants to use. Estate agents and developers, on the other