RBA : Ritchie Bros Auctioneers Stock Profile

Last Updated: 3/12/2024 0:47:16

Ritchie Bros Auctioneers trades with the ticker RBA on the TSX and is in the Specialty Business Services industry.

Overview
RB Global, Inc., an omnichannel marketplace, provides insights, services, and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. Its marketplace brands include Ritchie Bros., an auctioneer of commercial assets and vehicles offering online bidding; IAA, a digital marketplace connecting vehicle buyers and sellers; Rouse Services, which provides asset management, data-driven intelligence, and performance benchmarking system; SmartEquip, a technology platform that supports customers’ management of the equipment lifecycle; and Veritread, an online marketplace for heavy haul transport solution. The company’s brands include GovPlanet, an online marketplace for the sale of government and military assets; RB Auction, an onsite and online marketplace for selling and buying used equipment; IronPlanet, an online marketplace for selling and buying used equipment; Marketplace-E, an online solution that make offers/buy now format; Rouse Appraisals, a certified appraisal service solution; Ritchie List Mascus, an online equipment listing service and B2B dealer portal; CSAToday, an online reporting and analysis tool that gives sellers the ability to manage their vehicle assets and monitor sales performance; and Catastrophe Response Services. In addition, it offers title, data, transportation and logistics, refurbishing, inspection, and financial services. It serves customers across various asset classes, including automotive, commercial transportation, construction, government surplus, lifting and material handling, energy, mining, and agriculture. RB Global, Inc. was founded in 1958 and is headquartered in Westchester, Illinois.
 

Looking to invest in Ritchie Bros Auctioneers? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

RBA.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $18665.902MM

PE Ratio: 72.85

Price: 75.41 (Updated: 3/12/2024 0:47:16)



Ritchie Bros Auctioneers (RBA) vs Competitors in Specialty Business Services

Lets see how RBA.TO stacks up against others in the Specialty Business Services asset management industry. We have identified its main peers as:

Calian Group Ltd, DATA Communications Management Corp, Ritchie Bros. Auctioneers Incorporated, Thomson Reuters Corporation, Thomson Reuters Corp

.

Specialty Business Services Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Calian Group Ltd (CGY) $700.034 35.208 12.183 1.9%
DATA Communications Management Corp (DCM) $199.733 N/A 22.954 N/A%
Ritchie Bros. Auctioneers Incorporated (RBA) $18,665.902 72.85 25.131 1.4%
Thomson Reuters Corporation (TRI) $95,210.512 27.538 33.459 1.4%
Thomson Reuters Corp (TRI) $95,210.512 27.538 33.459 1.4%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Specialty Business Services

  • Ritchie Bros Auctioneers (RBA) vs Calian Group Ltd (CGY)
    • CGY has higher EPS (1.68 vs 1.4). CGY has higher dividend yield (1.9% vs 1.4%). RBA has a higher P/E ratio (72.85 vs 35.208) indicating it’s more expensive.
  • Ritchie Bros Auctioneers (RBA) vs DATA Communications Management Corp (DCM)
    • RBA has higher EPS (1.4 vs -0.11). RBA provides dividends, while DCM does not. DCM has a P/E under 0, indicating RBA (P/E 72.85) is in a better position.
  • Ritchie Bros Auctioneers (RBA) vs Ritchie Bros. Auctioneers Incorporated (RBA)
    • RBA has higher EPS (1.4 vs 1.4). RBA has higher dividend yield (1.4% vs 1.4%). RBA has a higher P/E ratio (72.85 vs 72.85) indicating it’s more expensive.
  • Ritchie Bros Auctioneers (RBA) vs Thomson Reuters Corporation (TRI)
    • TRI has higher EPS (7.66 vs 1.4). TRI has higher dividend yield (1.4% vs 1.4%). RBA has a higher P/E ratio (72.85 vs 27.538) indicating it’s more expensive.
  • Ritchie Bros Auctioneers (RBA) vs Thomson Reuters Corp (TRI)
    • TRI has higher EPS (7.66 vs 1.4). TRI has higher dividend yield (1.4% vs 1.4%). RBA has a higher P/E ratio (72.85 vs 27.538) indicating it’s more expensive.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Features a lower EV/EBITDA ratio (25.13) than the industry average (29.30), indicating attractive valuation.
 

How to Buy RBA stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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