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Upturn stock ratingUpturn stock rating
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RB Global Inc. (RBA)

Upturn stock ratingUpturn stock rating
$98.87
Delayed price
Profit since last BUY3.08%
upturn advisory
Consider higher Upturn Star rating
BUY since 25 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

03/20/2025: RBA (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit -15.22%
Avg. Invested days 38
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 03/20/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 18.70B USD
Price to earnings Ratio 49.94
1Y Target Price 114.44
Price to earnings Ratio 49.94
1Y Target Price 114.44
Volume (30-day avg) 1245931
Beta 0.94
52 Weeks Range 69.35 - 106.90
Updated Date 04/1/2025
52 Weeks Range 69.35 - 106.90
Updated Date 04/1/2025
Dividends yield (FY) 1.16%
Basic EPS (TTM) 2.01

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 9.64%
Operating Margin (TTM) 18.61%

Management Effectiveness

Return on Assets (TTM) 4.12%
Return on Equity (TTM) 7.35%

Valuation

Trailing PE 49.94
Forward PE 25.32
Enterprise Value 23052410880
Price to Sales(TTM) 4.33
Enterprise Value 23052410880
Price to Sales(TTM) 4.33
Enterprise Value to Revenue 5.22
Enterprise Value to EBITDA 16.18
Shares Outstanding 185123008
Shares Floating 184351651
Shares Outstanding 185123008
Shares Floating 184351651
Percent Insiders 0.3
Percent Institutions 95.54

Analyst Ratings

Rating 3.9
Target Price 100.85
Buy 5
Strong Buy 3
Buy 5
Strong Buy 3
Hold 1
Sell -
Strong Sell 1
Strong Sell 1

ai summary icon Upturn AI SWOT

RB Global Inc.

stock logo

Company Overview

overview logo History and Background

RB Global, Inc. (formerly Ritchie Bros. Auctioneers) was founded in 1958. It initially focused on live equipment auctions. Over time, it expanded its services to include online marketplaces and asset management solutions.

business area logo Core Business Areas

  • Ritchie Bros. Auctioneers: This segment conducts live on-site and online auctions of used heavy equipment and other assets.
  • IronPlanet: This segment operates online marketplaces for buying and selling used equipment.
  • Rouse Services: This segment provides data-driven intelligence and technology solutions for the equipment industry.

leadership logo Leadership and Structure

Ann Fandoe serves as the Chief Executive Officer. The company has a board of directors and operates through various business units.

Top Products and Market Share

overview logo Key Offerings

  • Live Auctions: Ritchie Bros. conducts live auctions globally, selling a wide range of heavy equipment. Market share data is difficult to pinpoint exactly due to the fragmented nature of the used equipment market. Competitors include Euro Auctions, Machinery Pete, and other regional auction houses.
  • Online Marketplaces (IronPlanet): IronPlanet's online platform allows buyers and sellers to transact globally. Similar to live auctions, market share is spread across multiple online platforms. Competitors include Equipment Trader, Machinery Trader, and various OEM-backed online marketplaces.
  • Data Solutions (Rouse Services): Rouse Services provides data and insights to equipment owners and dealers. Competitors include EquipmentWatch and other data providers.

Market Dynamics

industry overview logo Industry Overview

The used equipment market is driven by factors such as construction activity, commodity prices, and economic growth. The industry is evolving with increasing adoption of online platforms and data analytics.

Positioning

RB Global is a leading player in the used equipment market, leveraging its brand recognition, global reach, and diverse service offerings. Its competitive advantages include its established auction network, online platforms, and data capabilities.

Total Addressable Market (TAM)

The global used equipment market is estimated to be in the hundreds of billions of dollars. RB Global is positioned to capture a significant share of this TAM through its various platforms and services.

Upturn SWOT Analysis

Strengths

  • Global brand recognition
  • Extensive auction network
  • Online marketplace presence
  • Data-driven insights
  • Diversified revenue streams

Weaknesses

  • Dependence on economic cycles
  • Integration complexities (acquisitions)
  • Potential for fraud or misrepresentation in auctions
  • Exposure to currency fluctuations

Opportunities

  • Expansion into new geographies
  • Increased adoption of online platforms
  • Growth in data analytics demand
  • Strategic acquisitions
  • Increased demand for equipment due to infrastructure projects

Threats

  • Economic downturns
  • Increased competition
  • Disruptive technologies
  • Changes in government regulations
  • Cybersecurity risks

Competitors and Market Share

competitor logo Key Competitors

  • Copart (CPRT)
  • IAA, Inc. (IAA)

Competitive Landscape

RB Global's competitive advantage lies in its hybrid approach, combining live auctions with online marketplaces. This offers customers greater flexibility and reach compared to pure-play online or offline competitors.

Major Acquisitions

Rouse Services

  • Year: 2020
  • Acquisition Price (USD millions): 275
  • Strategic Rationale: To expand its data and analytics capabilities, providing valuable insights to customers.

Growth Trajectory and Initiatives

Historical Growth: Historical growth requires access to real-time financial data.

Future Projections: Future projections require access to real-time analyst data.

Recent Initiatives: Recent initiatives include focusing on growing the online marketplace and integrating acquisitions.

Summary

RB Global is a major player in the industrial auction and asset management space. Its hybrid auction model gives it a competitive edge, but it faces risks from economic downturns and increased competition. The company's strategic acquisitions are strengthening its data capabilities. RB Global must focus on managing integration challenges and navigating economic cycles to maintain its growth trajectory.

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Sources and Disclaimers

Data Sources:

  • Company filings
  • Industry reports
  • Analyst estimates

Disclaimers:

This analysis is for informational purposes only and does not constitute investment advice. Market data is subject to change. Investment decisions should be based on thorough research and consultation with a qualified financial advisor.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About RB Global Inc.

Exchange NYSE
Headquaters Westchester, IL, United States
IPO Launch date 1998-03-09
CEO & Director Mr. James F. Kessler
Sector Industrials
Industry Specialty Business Services
Full time employees 7800
Full time employees 7800

RB Global, Inc. operates a marketplace that provides insights, services, and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. The company's marketplace brands include Ritchie Bros., an auctioneer of commercial assets and vehicles; IAA, a digital marketplace that connects vehicle buyers and sellers; Rouse, 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. It offers transaction, financial, appraisal, inspection, listing, refurbishing, transportation, data, parts, catastrophe response, and title services. The company serves customers across various asset classes, including automotive, commercial transportation, construction, government surplus, lifting and material handling, energy, mining, and agriculture. The company was founded in 1958 and is headquartered in Westchester, Illinois.

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