| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 5/6 |
RBA Stock Overview
Ritchie Bros. Auctioneers Incorporated, an asset management and disposition company, sells industrial equipment and other durable assets through its unreserved live on site auctions, online marketplaces, listing services, and private brokerage services.
Ritchie Bros. Auctioneers Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$60.89 |
| 52 Week High | US$76.18 |
| 52 Week Low | US$50.61 |
| Beta | 1.13 |
| 1 Month Change | 0.30% |
| 3 Month Change | -9.85% |
| 1 Year Change | -3.41% |
| 3 Year Change | 68.07% |
| 5 Year Change | 86.78% |
| Change since IPO | 1,629.50% |
Recent News & Updates
At US$61.86, Is It Time To Put Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) On Your Watch List?
Ritchie Bros. Auctioneers Incorporated ( NYSE:RBA ), might not be a large cap stock, but it received a lot of attention...
Is Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) Trading At A 25% Discount?
How far off is Ritchie Bros. Auctioneers Incorporated ( NYSE:RBA ) from its intrinsic value? Using the most recent...
Is Ritchie Bros. Auctioneers (NYSE:RBA) A Risky Investment?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Shareholder Returns
| RBA | US Commercial Services | US Market | |
|---|---|---|---|
| 7D | -1.6% | -4.7% | -6.1% |
| 1Y | -3.4% | 10.1% | 4.2% |
Return vs Industry: RBA underperformed the US Commercial Services industry which returned 11.2% over the past year.
Return vs Market: RBA underperformed the US Market which returned 6.6% over the past year.
Price Volatility
| RBA volatility | |
|---|---|
| RBA Average Weekly Movement | 4.2% |
| Commercial Services Industry Average Movement | 6.0% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in US Market | 15.6% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: RBA is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: RBA's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1958 | 2,600 | Ann Fandozzi | https://www.ritchiebros.com |
Ritchie Bros. Auctioneers Incorporated, an asset management and disposition company, sells industrial equipment and other durable assets through its unreserved live on site auctions, online marketplaces, listing services, and private brokerage services. It sells a range of used and unused commercial assets, including earthmoving equipment, truck tractors and trailers, government surplus, oil and gas equipment, and other industrial assets, as well as construction and heavy machinery. The company also offers live auction events with online bidding.
Ritchie Bros. Auctioneers Fundamentals Summary
| RBA fundamental statistics | |
|---|---|
| Market Cap | US$6.73b |
| Earnings (TTM) | US$170.13m |
| Revenue (TTM) | US$1.44b |
39.6x
P/E Ratio4.7x
P/S RatioIs RBA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RBA income statement (TTM) | |
|---|---|
| Revenue | US$1.44b |
| Cost of Revenue | US$629.46m |
| Gross Profit | US$811.55m |
| Expenses | US$641.42m |
| Earnings | US$170.13m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Feb 17, 2022
| Earnings per share (EPS) | 1.54 |
| Gross Margin | 56.32% |
| Net Profit Margin | 11.81% |
| Debt/Equity Ratio | 61.4% |
How did RBA perform over the long term?
See historical performance and comparisonDividends
1.6%
Current Dividend Yield61%
Payout RatioDoes RBA pay a reliable dividends?
See RBA dividend history and benchmarks| Ritchie Bros. Auctioneers dividend dates | |
|---|---|
| Ex Dividend Date | Feb 10 2022 |
| Dividend Pay Date | Mar 04 2022 |
| Days until Ex dividend | 18 days |
| Days until Dividend pay date | 40 days |
Does RBA pay a reliable dividends?
See RBA dividend history and benchmarksValuation
Is Ritchie Bros. Auctioneers undervalued compared to its fair value and its price relative to the market?
25.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RBA ($60.89) is trading below our estimate of fair value ($82)
Significantly Below Fair Value: RBA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RBA is poor value based on its PE Ratio (39.6x) compared to the US Commercial Services industry average (25.6x).
PE vs Market: RBA is poor value based on its PE Ratio (39.6x) compared to the US market (16.7x).
Price to Earnings Growth Ratio
PEG Ratio: RBA is poor value based on its PEG Ratio (2.3x)
Price to Book Ratio
PB vs Industry: RBA is overvalued based on its PB Ratio (6.3x) compared to the US Commercial Services industry average (2.1x).
Future Growth
How is Ritchie Bros. Auctioneers forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
17.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RBA's forecast earnings growth (17% per year) is above the savings rate (2%).
Earnings vs Market: RBA's earnings (17% per year) are forecast to grow faster than the US market (13.1% per year).
High Growth Earnings: RBA's earnings are forecast to grow, but not significantly.
Revenue vs Market: RBA's revenue (14.5% per year) is forecast to grow faster than the US market (9.2% per year).
High Growth Revenue: RBA's revenue (14.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if RBA's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Ritchie Bros. Auctioneers performed over the past 5 years?
18.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RBA has high quality earnings.
Growing Profit Margin: RBA's current net profit margins (11.8%) are lower than last year (13%).
Past Earnings Growth Analysis
Earnings Trend: RBA's earnings have grown by 18.9% per year over the past 5 years.
Accelerating Growth: RBA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RBA had negative earnings growth (-1.6%) over the past year, making it difficult to compare to the Commercial Services industry average (35.3%).
Return on Equity
High ROE: RBA's Return on Equity (16%) is considered low.
Financial Health
How is Ritchie Bros. Auctioneers's financial position?
Financial Position Analysis
Short Term Liabilities: RBA's short term assets ($825.4M) exceed its short term liabilities ($682.2M).
Long Term Liabilities: RBA's short term assets ($825.4M) do not cover its long term liabilities ($831.8M).
Debt to Equity History and Analysis
Debt Level: RBA's net debt to equity ratio (27.3%) is considered satisfactory.
Reducing Debt: RBA's debt to equity ratio has increased from 21% to 61.4% over the past 5 years.
Debt Coverage: RBA's debt is well covered by operating cash flow (45.5%).
Interest Coverage: RBA's interest payments on its debt are well covered by EBIT (8x coverage).
Balance Sheet
Dividend
What is Ritchie Bros. Auctioneers's current dividend yield, its reliability and sustainability?
1.64%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: RBA's dividend (1.64%) is higher than the bottom 25% of dividend payers in the US market (1.36%).
High Dividend: RBA's dividend (1.64%) is low compared to the top 25% of dividend payers in the US market (3.55%).
Stability and Growth of Payments
Stable Dividend: RBA's dividends per share have been stable in the past 10 years.
Growing Dividend: RBA's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (60.8%), RBA's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: RBA's dividends in 3 years are forecast to be well covered by earnings (41% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.2yrs
Average management tenure
CEO
Ann Fandozzi (50 yo)
2yrs
Tenure
US$7,193,425
Compensation
Ms. Ann M. Fandozzi has been Independent Director of Trimble Inc. since August 16, 2021. She serves as Chief Executive Officer & Director at Ritchie Bros. Auctioneers Incorporated since January 6, 2020.Sh...
CEO Compensation Analysis
Compensation vs Market: Ann's total compensation ($USD7.19M) is about average for companies of similar size in the US market ($USD6.45M).
Compensation vs Earnings: Insufficient data to compare Ann's compensation with company performance.
Leadership Team
Experienced Management: RBA's management team is considered experienced (2.2 years average tenure).
Board Members
Experienced Board: RBA's board of directors are considered experienced (5.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: RBA insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Ritchie Bros. Auctioneers Incorporated's employee growth, exchange listings and data sources
Key Information
- Name: Ritchie Bros. Auctioneers Incorporated
- Ticker: RBA
- Exchange: NYSE
- Founded: 1958
- Industry: Diversified Support Services
- Sector: Commercial Services
- Implied Market Cap: US$6.735b
- Shares outstanding: 110.60m
- Website: https://www.ritchiebros.com
Number of Employees
Location
- Ritchie Bros. Auctioneers Incorporated
- 9500 Glenlyon Parkway
- Burnaby
- British Columbia
- V5J 0C6
- Canada
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/21 23:38 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.