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.
Auction Giant's Rise | RB Global's strategic acquisition of IAA and international expansion efforts position it for substantial growth in the asset management and disposition industry |
Financial Fortitude | Explore RB Global's impressive financial performance, with consistent dividend payments and robust revenue growth, despite challenges in certain sectors |
Market Dynamics | Delve into RB Global's competitive landscape, as it gains market share and narrows the valuation gap with rivals like Copart in the face of industry shifts |
Future Prospects | Analysts maintain positive outlook with price targets ranging from $107 to $116, citing potential for market share gains and successful integration of acquisitions |
Metrics to compare | RBA | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipRBAPeersSector | |
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P/E Ratio | 53.1x | 0.0x | 12.5x | |
PEG Ratio | 2.41 | 0.00 | 0.03 | |
Price/Book | 3.8x | 0.0x | 1.4x | |
Price / LTM Sales | 4.6x | 0.0x | 1.2x | |
Upside (Analyst Target) | 10.9% | 0.0% | 14.9% | |
Fair Value Upside | Unlock | 0.0% | 6.9% | Unlock |