RTMVF - Rightmove: Wide Moat Company At A Fair Price
2024-01-24 13:11:09 ET
Summary
- Rightmove is the UK's leading property advertising portal with a strong competitive advantage based on the network effect.
- The company's main business is selling advertising services to real estate agencies, but it also offers additional services based on its extensive data on the real estate market.
- Rightmove has shown exceptional financial performance, with high profitability and return on investment, and has a strong balance sheet.
Introduction
In this article I am going to introduce you to a company that probably many people already know about, but which is worth analyzing because of its important competitive advantage. Rightmove's ( RTMVF ) business model is very simple to understand and the competitive advantage based on the network effect makes the company a well-fortified stronghold to face the competition....
Rightmove: Wide Moat Company At A Fair Price