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Ritchie Bros. Auctioneers Inc Stock Research

RBA

64.51USD+0.11(+0.17%)Market Closed
Watchlist

Market Summary

USD64.51+0.11
Market Closed
0.17%

RBA Alerts

RBA Stock Price

RBA RSI Chart

RBA Valuation

Market Cap

11.7B

Price/Earnings (Trailing)

79.81

Price/Sales (Trailing)

4.74

EV/EBITDA

22.71

Price/Free Cashflow

60.08

RBA Price/Sales (Trailing)

RBA Profitability

EBT Margin

8.32%

Return on Equity

2.33%

Return on Assets

0.96%

Free Cashflow Yield

1.66%

RBA Fundamentals

RBA Revenue

Revenue (TTM)

2.5B

Revenue Y/Y

128.38%

Revenue Q/Q

115.94%

RBA Earnings

Earnings (TTM)

147.0M

Earnings Y/Y

62.73%

Earnings Q/Q

409.25%

Price Action

52 Week Range

48.4966.99
(Low)(High)

Last 7 days

-0.4%

Last 30 days

13.3%

Last 90 days

13.5%

Trailing 12 Months

0.3%

RBA Financial Health

Current Ratio

1.3

RBA Investor Care

Shares Dilution (1Y)

64.19%

Diluted EPS (TTM)

0.93

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for RBA

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-14
O'Day Timothy J.
bought
98,280
65.52
1,500
-
2023-09-13
CONCORS BARON
sold
-442,748
65.11
-6,800
chief product & tech. officer
2023-09-01
Watt Darren Jeffrey
sold
-16,351
62.41
-262
chief legal officer
2023-08-31
Cash Megan Anne
acquired
506,052
37.2207
13,596
principal fin. & acctg officer
2023-08-31
Cash Megan Anne
sold
-839,961
61.78
-13,596
principal fin. & acctg officer
2023-08-28
Olsson Erik
bought
119,780
59.89
2,000
-
2023-08-17
KESSLER JAMES FRANCIS
bought
112,600
56.3
2,000
chief executive officer
2023-08-15
KESSLER JAMES FRANCIS
bought
18,453
56.78
325
chief executive officer
2023-08-10
Sieger Michael D
bought
58,080
58.08
1,000
-
2023-08-09
DeWitt Adam
bought
116,600
58.3
2,000
-

1–10 of 50

Which funds bought or sold RBA recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-08-28
DT Investment Partners, LLC
sold off
-100
-115
-
-%
2023-08-24
Alberta Investment Management Corp
sold off
-100
-7,152,540
-
-%
2023-08-23
Stonebridge Capital Advisors LLC
sold off
-100
-1,182
-
-%
2023-08-23
Rehmann Capital Advisory Group
sold off
-100
-226,183
-
-%
2023-08-22
Asset Dedication, LLC
sold off
-100
-14,000
-
-%
2023-08-21
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
sold off
-100
-610,000
-
-%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
sold off
-100
-4,967,930
-
-%
2023-08-21
ADVISOR GROUP HOLDINGS, INC.
sold off
-100
-3,065,080
-
-%
2023-08-17
Orion Portfolio Solutions, LLC
sold off
-100
-823,941
-
-%
2023-08-16
Nuveen Asset Management, LLC
sold off
-100
-11,634,000
-
-%

1–10 of 46

Latest Funds Activity

Are funds buying RBA calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own RBA
No. of Funds

Schedule 13G FIlings of Ritchie Bros Auctioneers

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Apr 10, 2023
starboard value lp
3.7%
7,026,415
SC 13D/A
Mar 06, 2023
starboard value lp
5.9%
6,894,981
SC 13D
Feb 09, 2023
janus henderson group plc
3.4%
3,797,138
SC 13G/A
Feb 08, 2023
massachusetts financial services co /ma/
7.0%
7,725,132
SC 13G/A
Jan 09, 2023
beutel, goodman & co ltd.
5.20%
5,767,291
SC 13G
Feb 10, 2022
janus henderson group plc
5.2%
5,780,220
SC 13G/A
Feb 02, 2022
massachusetts financial services co /ma/
9.6%
10,578,495
SC 13G/A
Feb 16, 2021
caisse de depot et placement du quebec
0%
0
SC 13G/A
Feb 11, 2021
massachusetts financial services co /ma/
9.8%
10,746,364
SC 13G/A
Feb 11, 2021
janus henderson group plc
5.7%
6,257,925
SC 13G/A

Recent SEC filings of Ritchie Bros Auctioneers

View All Filings
Date Filed Form Type Document
Sep 15, 2023
3
Insider Trading
Sep 15, 2023
4
Insider Trading
Sep 15, 2023
4
Insider Trading
Sep 15, 2023
4
Insider Trading
Sep 15, 2023
4
Insider Trading
Sep 15, 2023
4
Insider Trading
Sep 15, 2023
4
Insider Trading
Sep 15, 2023
4
Insider Trading
Sep 15, 2023
4
Insider Trading
Sep 15, 2023
4
Insider Trading

RBA Fair Value

Loading...

Peers (Alternatives to Ritchie Bros Auctioneers)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
64.8B
20.0B
0.74% -5.69%
28.35
3.24
5.20% 6.62%
52.3B
8.8B
5.87% 27.06%
38.83
5.94
12.24% 9.08%
42.0B
3.8B
1.22% 59.94%
36.41
11.19
11.56% 6.59%
32.9B
2.3B
3.32% 14.62%
85.59
14.17
12.74% 16.46%
19.1B
2.9B
-2.96% 8.50%
48.35
6.64
12.31% 15.80%
MID-CAP
2.7B
8.0B
-10.19% 1.14%
11.19
0.33
6.99% 9.91%
11.7B
2.5B
13.31% 0.25%
79.81
4.74
54.22% -44.48%
5.3B
2.1B
-7.80% 0.87%
18.25
2.54
14.23% -0.68%
3.2B
2.2B
-0.09% -2.71%
31.02
1.46
11.69% -8.60%
2.5B
778.2M
3.00% 18.38%
14.42
3.19
23.99% 78.46%
SMALL-CAP
685.5M
1.2B
-3.51% -23.91%
30.5
0.57
32.63% 235.07%
172.2M
107.6M
-5.00% 15.74%
-17.41
1.6
-4.69% -7.85%
25.9M
-
-17.37% -40.32%
-0.28
-
- -175.74%
9.1M
-
9.36% -62.14%
-2.21
-
- 72.18%

Ritchie Bros Auctioneers News

The Harvard Law School Forum on Corporate Governance
Wildest Campaigns of 2023.
The Harvard Law School Forum on Corporate Governance,
21 hours ago
Benzinga
Investor's Business Daily
Yahoo Finance

Returns for RBA

Cumulative Returns on RBA

14.3%


10-Year Cumulative Returns

10.9%


7-Year Cumulative Returns

13.6%


5-Year Cumulative Returns

4.9%


3-Year Cumulative Returns

Risks for RBA

What is the probability of a big loss on RBA?

68.8%


Probability that Ritchie Bros Auctioneers stock will be more than 20% underwater in next one year

33.5%


Probability that Ritchie Bros Auctioneers stock will be more than 30% underwater in next one year.

0%


Probability that Ritchie Bros Auctioneers stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does RBA drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Ritchie Bros Auctioneers was unfortunately bought at previous high price.

Drawdowns

Financials for Ritchie Bros Auctioneers

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q22018Q1
Revenue33.6%2,4741,8521,7341,6691,6041,5401,4751,4101,4131,4031,3261,2841,2881,3191,3421,2981,2131,1701,1061,0881,032
  S&GA Expenses8.9%612562540530503469456431435426405389386382382377380383380377350
EBITDA-100.0%-321561543528523330349361356346318307303-------
EBITDA Margin-100.0%-0.17*0.32*0.33*0.34*0.35*0.23*0.24*0.25*0.25*0.26*0.25*0.24*0.23*-------
Interest Expenses80.0%10558.0058.0059.0058.0049.0037.0035.0035.0035.0037.0038.0040.0041.0043.0043.0044.0045.0044.0044.0041.00
Earnings Before Taxes28.8%19915440638837638320523024524423520619419117417015515313611582.00
EBT Margin-100.0%-0.08*0.23*0.23*0.24*0.26*0.14*0.16*0.17*0.17*0.18*0.16*0.15*0.14*-------
Net Income29.5%14711332027526527212216217916917315315414913313112312112311082.00
Net Income Margin-100.0%-0.06*0.18*0.16*0.19*0.20*0.11*0.12*0.13*0.12*0.13*0.12*0.12*0.11*-------
Free Cashflow-100.0%-167431248295312308285258422273356251319-------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets0.4%11,91111,8682,8642,8232,8943,8673,5932,5762,6072,6272,3522,5382,4792,2282,2292,3582,3752,2202,0522,1692,118
  Current Assets0.1%1,8321,8309639549971,0287628258348445571,013962709680809827694604686624
    Cash Equivalents-23.8%4335684944395321,5301,363468443442279590538356420451339323306304329
  Inventory-13.2%18020710310112579.0010264.0086.0072.0086.0062.0063.0062.0065.0053.0079.0076.0011385.0064.00
  Net PPE-0.6%1,1381,145459445443446449466483484492481476477484477473469487505513
  Goodwill26.6%4,7053,717949947946948948838839841841673671670672671673672672673673
Liabilities-0.2%6,4996,5131,5741,5831,6502,6422,5221,5141,5461,6161,3391,5731,5741,3831,3221,5151,5381,3861,2161,3481,313
  Current Liabilities-1.5%1,3841,405795752793849588682717785515753768584501660665532440535495
  Short Term Borrowings-27.1%17.0024.0029.002.009.0022.006.0018.0035.0026.0029.0020.0022.0033.005.006.008.009.0020.0011.004.00
    LT Debt, Current-80.6%19.0096.004.004.005.004.003.001.0011.0011.0010.0010.0018.0017.0018.0018.0018.0016.0013.0012.009.00
    LT Debt, Non Current-0.6%3,1053,1255776336401,5781,734633626626626623614614627671687688698740741
Shareholder's Equity1.2%4,9204,8641,2901,2391,2441,2251,0711,0621,0611,0111,012965904845907843836833836821791
  Retained Earnings3.4%8878581,0431,0281,015990840837832796792767746715714684681647648632628
  Additional Paid-In Capital1.0%90.0089.0085.0082.0073.0061.0060.0058.0052.0044.0049.0048.0048.0046.0052.0059.0055.0050.0057.0054.0041.00
Shares Outstanding0.0%182182111111111111111110110110110109108109109108109109109108108
Minority Interest0%2.002.001.000.000.000.000.000.005.005.005.005.005.005.005.005.005.005.005.005.005.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations42.7%315221463277304322318296271434258289371265333356197149144146139
  Share Based Compensation-2.4%45.0046.0042.0039.0037.0032.0031.0026.0025.0021.0017.0018.0015.0012.0013.00------
Cashflow From Investing-1.9%-2,955-2,90077.00-73.35-50.46-49.13-214-298-299-279-276-25.57-18.99-35.17-36.06-22.83-27.05-25.91-30.95-38.16-46.04
Cashflow From Financing42.6%2,6821,881-1,258-129-144814961-123-84.51-96.24-111-134-153-190-187-185-161-133-134-114-134
  Dividend Payments9.0%25923811511311110710410097.0094.0092.0089.0087.0085.0083.0080.0078.0077.0076.0074.0073.00
  Buy Backs-----------53.0053.0053.0095.0042.0084.00168----

RBA Income Statement

2023-06-30
Condensed Consolidated Income Statements - USD ($)
$ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenue:    
Total revenue$ 1,106.5$ 484.5$ 1,618.9$ 878.5
Operating expenses:    
Selling, general and administrative194.5144.3342.7270.9
Acquisition-related and integration costs46.33.4172.513.0
Depreciation and amortization109.624.3145.848.5
Total operating expenses929.6393.21,468.1724.3
Gain on disposition of property, plant and equipment2.70.33.9170.2
Operating income179.691.6154.7324.4
Interest expense(65.0)(18.5)(85.9)(39.1)
Interest income5.00.911.31.4
Change in fair value of derivatives, net   1.3
Other income, net0.20.82.61.1
Foreign exchange (loss) gain(0.4)0.2(0.7)0.3
Income before income taxes119.475.082.0289.4
Income tax expense32.621.623.457.9
Net income86.853.458.6231.5
Net income attributable to:    
Controlling interests86.953.458.8231.5
Redeemable non-controlling interests(0.1) (0.2) 
Net income86.853.458.6231.5
Net income attributable to controlling interests86.953.458.8231.5
Cumulative dividends on Series A Senior Preferred Shares(6.7) (10.9) 
Allocated earnings to Series A Senior Preferred Shares(2.8) (3.7) 
Net income available to common stockholders$ 77.4$ 53.4$ 44.2$ 231.5
Earnings per share available to common stockholders:    
Basic$ 0.43$ 0.48$ 0.29$ 2.09
Diluted$ 0.42$ 0.48$ 0.29$ 2.07
Weighted average number of shares outstanding:    
Basic181,860,026110,760,339151,343,397110,705,182
Diluted182,810,399111,705,102152,404,830111,681,644
Service revenue    
Revenue:    
Total revenue$ 806.1$ 286.5$ 1,149.6$ 531.4
Operating expenses:    
Direct expenses287.345.0363.784.1
Inventory sales revenue    
Revenue:    
Total revenue300.4198.0469.3347.1
Operating expenses:    
Direct expenses$ 291.9$ 176.2$ 443.4$ 307.8

RBA Balance Sheet

2023-06-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Assets  
Cash and cash equivalents$ 432.9$ 494.3
Restricted cash140.4131.6
Trade and other receivables899.2186.5
Less: allowance for credit losses(4.5)(3.3)
Prepaid consigned vehicle charges56.0 
Inventory179.9103.1
Other current assets84.348.3
Income taxes receivable44.12.6
Total current assets1,832.3963.1
Property, plant and equipment1,137.9459.1
Operating lease right-of-use assets1,411.3123.0
Other non-current assets81.240.4
Intangible assets2,734.6322.7
Goodwill4,705.2948.8
Deferred tax assets8.96.6
Total assets11,911.42,863.7
Liabilities, Temporary Equity and Equity  
Auction proceeds payable633.7449.0
Trade and other liabilities609.1258.7
Current operating lease liabilities98.812.7
Income taxes payable6.541.3
Short-term debt17.229.1
Current portion of long-term debt18.64.4
Total current liabilities1,383.9795.2
Long-term operating lease liabilities1,285.0111.9
Long-term debt3,104.8577.1
Other non-current liabilities56.335.4
Deferred tax liabilities668.654.0
Total liabilities6,498.61,573.6
Temporary equity:  
Series A Senior Preferred Shares; no par value, shares authorized, issued and outstanding: 485,000,000 (December 31, 2022: nil)482.0 
Redeemable non-controlling interest8.7 
Share capital:  
Common stock; no par value, unlimited shares authorized, issued and outstanding shares: 181,983,976 (December 31, 2022: 110,881,363)3,995.1246.3
Additional paid-in capital89.785.3
Retained earnings887.11,043.2
Accumulated other comprehensive loss(52.1)(85.1)
Stockholders' equity4,919.81,289.6
Non-controlling interests2.30.5
Total stockholders' equity4,922.11,290.1
Total liabilities, temporary equity and equity$ 11,911.4$ 2,863.7
Ann M. Fandozzi
4370
Ritchie Bros. Auctioneers Incorporated, an asset management and disposition company, sells industrial equipment and other durable assets through its unreserved 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. It sells used equipment to its customers through live unreserved auctions at 40 auction sites worldwide. The company serves construction, transportation, agriculture, energy, oil and gas, mining, and forestry sectors. It operates in the United States, Canada, Australia, the United Arab Emirates, the Netherlands, Europe, the Middle East, Asia, and internationally. Ritchie Bros. Auctioneers Incorporated was founded in 1958 and is headquartered in Burnaby, Canada.