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Ritchie Bros Auctioneers

Industrials CA RBA

96.75CAD
-2.05(2.07%)

Last update at 2024-05-06T20:00:00Z

Day Range

95.4398.81
LowHigh

52 Week Range

67.8493.18
LowHigh

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 405.99M 205.23M 235.89M 190.76M 152.51M
Minority interest -0.10100M 0.01M 5.15M 5.15M 5.07M
Net income 319.66M 151.87M 170.09M 149.04M 121.48M
Selling general administrative 539.93M 464.60M 417.52M 382.39M 382.68M
Selling and marketing expenses - - - 38.25M 36.73M
Gross profit 957.11M 822.19M 761.67M 672.83M 636.63M
Reconciled depreciation 116.53M 100.72M 87.16M 82.78M 66.61M
Ebit 328.08M 240.15M 263.16M 223.20M 197.01M
Ebitda 444.61M 373.75M 364.68M 311.55M 263.63M
Depreciation and amortization 116.53M 133.60M 101.52M 88.35M 66.61M
Non operating income net other - - - - -
Operating income 328.08M 240.15M 263.16M 223.20M 185.19M
Other operating expenses 1413.79M 1147.27M 1108.03M 1098.71M 982.69M
Interest expense 57.88M 36.99M 35.57M 41.28M 44.53M
Tax provision 86.23M 53.38M 65.53M 41.62M 31.01M
Interest income 49.65M 38.24M 35.57M 41.28M 44.53M
Net interest income -50.90900M -36.99300M -35.56800M -41.27700M -44.52700M
Extraordinary items - 0.00000M -7.75500M - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 86.23M 53.38M 65.53M 41.62M 31.01M
Total revenue 1733.81M 1416.97M 1377.26M 1318.64M 1170.03M
Total operating expenses 637.09M 552.49M 492.44M 452.89M 449.29M
Cost of revenue 776.70M 594.78M 615.59M 645.82M 533.40M
Total other income expense net 77.91M -34.91500M -27.27200M -32.43900M -32.67700M
Discontinued operations - - - - -
Net income from continuing ops 319.76M 151.85M 170.36M 149.14M 121.51M
Net income applicable to common shares 319.66M 151.87M 170.09M 149.04M 121.48M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 2863.73M 3592.91M 2351.53M 2229.43M 2052.40M
Intangible assets 322.65M 350.52M 300.95M 233.38M 245.62M
Earning assets - - - - -
Other current assets 48.34M 64.35M 27.27M 50.16M 116.88M
Total liab 1573.65M 2521.85M 1339.13M 1322.44M 1216.69M
Total stockholder equity 1289.61M 1070.67M 1007.25M 901.83M 830.64M
Deferred long term liab 3.91M 5.24M 2.26M 1.40M 2.02M
Other current liab 467.02M 298.47M 231.29M 284.00M 278.43M
Common stock 246.28M 227.50M 200.45M 194.77M 181.78M
Capital stock 246.28M 227.50M 200.45M 194.77M 181.78M
Retained earnings 1043.17M 839.61M 791.92M 714.05M 648.25M
Other liab 74.03M 75.63M 68.34M 66.32M 68.28M
Good will 948.82M 947.72M 840.61M 672.31M 671.59M
Other assets 22.64M 968.96M 44.56M 39.19M 41.03M
Cash 494.32M 326.11M 278.77M 359.67M 237.74M
Cash and equivalents 494.32M 326.11M 278.77M 359.67M 237.74M
Total current liabilities 795.29M 588.42M 514.58M 501.26M 440.09M
Current deferred revenue - - - - -
Net debt 116.29M 1417.47M 387.03M 290.51M 503.60M
Short term debt 33.50M 9.64M 39.51M 22.98M 33.02M
Short long term debt 33.50M 9.64M 39.51M 22.98M 33.02M
Short long term debt total 610.62M 1743.59M 665.79M 650.19M 741.34M
Other stockholder equity 85.26M 59.53M 49.17M 52.11M 56.88M
Property plant equipment 582.07M 558.65M 602.66M 595.85M 481.67M
Total current assets 963.12M 762.22M 556.78M 679.58M 603.54M
Long term investments - - 0.00000M 4.28M 4.01M
Net tangible assets 14.05M -232.40500M -140.28700M -8.70000M -91.50200M
Short term investments - - - - -
Net receivables 185.78M 166.39M 136.33M 144.21M 135.62M
Long term debt 577.11M 1733.94M 626.29M 627.20M 698.17M
Inventory 103.05M 102.49M 86.28M 64.96M 113.29M
Accounts payable 294.76M 280.31M 243.79M 194.28M 93.48M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -85.10400M -55.97300M -34.29500M -59.09900M -56.27700M
Additional paid in capital - - - - -
Common stock total equity - - 200.45M 194.77M 181.78M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 163.38M 1075.97M 147.61M 141.40M 25.39M
Deferred long term asset charges - - - - -
Non current assets total 1900.61M 2830.69M 1794.75M 1549.85M 1448.86M
Capital lease obligations 127.22M 123.86M 129.93M 127.66M 10.15M
Long term debt total 592.46M 1747.92M 643.40M 643.54M 708.32M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments 77.33M -214.06600M -276.72200M -36.05700M -30.95300M
Change to liabilities 157.73M 110.48M -36.03600M 48.09M 48.30M
Total cashflows from investing activities 77.33M -214.06600M -276.72200M -36.05700M -30.95300M
Net borrowings -1140.56300M 1069.05M -1.66800M -98.50500M -81.87600M
Total cash from financing activities -1258.12200M 960.91M -111.46100M -187.21800M -134.10700M
Change to operating activities -7.20600M -27.61300M -6.71200M -12.87300M -8.22300M
Net income 319.76M 151.85M 170.36M 149.14M 121.51M
Change in cash -736.50600M 1055.56M -113.36100M 114.69M -25.54900M
Begin period cash flow 1362.45M 306.89M 420.26M 305.57M 331.12M
End period cash flow 625.95M 1362.45M 306.89M 420.26M 305.57M
Total cash from operating activities 463.06M 317.59M 257.87M 332.79M 144.28M
Issuance of capital stock - - - 41.09M 28.52M
Depreciation 116.53M 100.72M 87.16M 82.78M 66.61M
Other cashflows from investing activities 149.27M -170.57900M -233.58600M -0.98200M -4.67400M
Dividends paid 115.22M 103.80M 91.74M 82.53M 75.68M
Change to inventory -7.20900M -21.88400M -18.14900M 44.63M -77.29200M
Change to account receivables -44.05900M -11.60700M 22.08M -8.61100M -43.34100M
Sale purchase of stock 5.87M 16.25M -53.17000M -42.01200M 28.52M
Other cashflows from financing activities -1.56400M 1081.00M 85.91M 7.91M 14.64M
Change to netincome -128.18400M 37.64M 26.63M 20.29M 16.74M
Capital expenditures 71.94M 43.49M 43.14M 41.00M 43.01M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 151.18M 24.43M -29.13400M 76.60M -65.55000M
Stock based compensation 41.66M 31.34M 16.55M 12.74M 19.51M
Other non cash items -165.82400M 5.38M 3.78M 2.70M -4.03700M
Free cash flow 391.12M 274.10M 214.74M 291.79M 101.27M

Fundamentals

  • Previous Close 98.80
  • Market Cap15664.23M
  • Volume212697
  • P/E Ratio62.71
  • Dividend Yield1.68%
  • EBITDA850.57M
  • Revenue TTM3082.61M
  • Revenue Per Share TTM20.69
  • Gross Profit TTM 957.11M
  • Diluted EPS TTM1.37

Peer Comparison

Sector: Industrials Industry: Specialty Business Services

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
RBA
Ritchie Bros Auctioneers
-2.05 2.07% 96.75 62.71 21.23 5.08 2.37 7.11 29.79
TRI
Thomson Reuters Corp
3.09 1.37% 228.41 31.73 41.49 13.72 6.13 14.08 35.24
GDI
GDI Integrated
-1.12 3.06% 35.50 40.15 24.69 0.37 1.96 0.55 10.23
CGY
Calian Technologies Ltd
0.62 1.16% 54.24 33.65 11.55 0.97 1.95 1.03 11.49
ISV
Information Services Corporation
-0.04 0.15% 25.76 18.09 12.45 2.05 2.49 2.90 9.83

Reports Covered

Stock Research & News

Profile

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; Xcira that provides live simulcast auction technologies; and Veritread, an online marketplace for heavy haul transport solution. The company 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.

Ritchie Bros Auctioneers

9500 Glenlyon Parkway, Burnaby, BC, Canada, V5J 0C6

Key Executives

Name Title Year Born
Ms. Ann M. Fandozzi CEO & Director 1971
Mr. James F. Kessler Pres & COO 1973
Mr. Baron Concors Chief Information Officer 1970
Ms. Sharon R. Driscoll Exec. VP & Advisor to the CEO 1962
Ms. Kari R. Taylor Chief Revenue Officer 1974
Mr. David E. Ritchie Founder and Chairman Emeritus NA
Mr. Eric D. Jacobs Esq. Chief Financial Officer 1967
Mr. Sameer Rathod VP of Investor Relations & Market Intelligence NA
Mr. Darren J. Watt Sr. VP, Gen. Counsel & Corp. Sec. 1972
Ian Malinski Media Relations Mang. NA

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