Ritchie Bros Auctioneers Stock Fundamentals
| RBA Stock | CAD 100.05 0.15 0.15% |
Ritchie Bros Auctioneers fundamentals help investors to digest information that contributes to Ritchie Bros' financial success or failures. It also enables traders to predict the movement of Ritchie Stock. The fundamental analysis module provides a way to measure Ritchie Bros' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ritchie Bros stock.
At this time, Ritchie Bros' Operating Income is very stable compared to the past year. As of the 24th of April 2024, EBIT is likely to grow to about 396.2 M, while Income Before Tax is likely to drop about 128.5 M. Ritchie | Select Account or Indicator |
Ritchie Bros Auctioneers Company Return On Equity Analysis
Ritchie Bros' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Ritchie Bros Return On Equity | 0.0606 |
Most of Ritchie Bros' fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ritchie Bros Auctioneers is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Ritchie Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Ritchie Bros is extremely important. It helps to project a fair market value of Ritchie Stock properly, considering its historical fundamentals such as Return On Equity. Since Ritchie Bros' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ritchie Bros' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ritchie Bros' interrelated accounts and indicators.
Click cells to compare fundamentals
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Ritchie Total Stockholder Equity
Total Stockholder Equity |
|
Based on the latest financial disclosure, Ritchie Bros Auctioneers has a Return On Equity of 0.0606. This is 86.23% lower than that of the Commercial Services & Supplies sector and significantly higher than that of the Industrials industry. The return on equity for all Canada stocks is 119.55% lower than that of the firm.
Ritchie Bros Auctioneers Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ritchie Bros's current stock value. Our valuation model uses many indicators to compare Ritchie Bros value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ritchie Bros competition to find correlations between indicators driving Ritchie Bros's intrinsic value. More Info.Ritchie Bros Auctioneers is currently regarded as top stock in return on equity category among related companies. It is currently regarded as top stock in return on asset category among related companies reporting about 0.95 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Ritchie Bros Auctioneers is roughly 1.06 . At this time, Ritchie Bros' Return On Equity is very stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value Ritchie Bros by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ritchie Bros' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ritchie Bros' earnings, one of the primary drivers of an investment's value.Ritchie Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ritchie Bros' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ritchie Bros could also be used in its relative valuation, which is a method of valuing Ritchie Bros by comparing valuation metrics of similar companies.Ritchie Bros is currently under evaluation in return on equity category among related companies.
Ritchie Bros Current Valuation Drivers
We derive many important indicators used in calculating different scores of Ritchie Bros from analyzing Ritchie Bros' financial statements. These drivers represent accounts that assess Ritchie Bros' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Ritchie Bros' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 4.7B | 7.6B | 6.7B | 6.4B | 11.2B | 11.7B | |
| Enterprise Value | 4.9B | 8.0B | 8.1B | 6.5B | 14.2B | 14.9B |
Ritchie Fundamentals
| Return On Equity | 0.0606 | ||||
| Return On Asset | 0.0573 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.18 % | ||||
| Current Valuation | 22.97 B | ||||
| Shares Outstanding | 183.28 M | ||||
| Shares Owned By Insiders | 0.29 % | ||||
| Shares Owned By Institutions | 95.10 % | ||||
| Number Of Shares Shorted | 373.57 K | ||||
| Price To Earning | 70.73 X | ||||
| Price To Book | 2.69 X | ||||
| Price To Sales | 5.01 X | ||||
| Revenue | 2.77 B | ||||
| Gross Profit | 957.11 M | ||||
| EBITDA | 1.03 B | ||||
| Net Income | 206.5 M | ||||
| Cash And Equivalents | 494.32 M | ||||
| Cash Per Share | 3.59 X | ||||
| Total Debt | 21.03 M | ||||
| Debt To Equity | 0.88 % | ||||
| Current Ratio | 1.25 X | ||||
| Book Value Per Share | 27.44 X | ||||
| Cash Flow From Operations | 405.86 M | ||||
| Short Ratio | 3.38 X | ||||
| Earnings Per Share | 1.44 X | ||||
| Price To Earnings To Growth | 2.68 X | ||||
| Target Price | 110.83 | ||||
| Number Of Employees | 7.9 K | ||||
| Beta | 0.87 | ||||
| Market Capitalization | 18.31 B | ||||
| Total Asset | 9.07 B | ||||
| Retained Earnings | 692.37 M | ||||
| Working Capital | 355.27 M | ||||
| Current Asset | 430.1 M | ||||
| Current Liabilities | 289.97 M | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 2.03 % | ||||
| Net Asset | 9.07 B | ||||
| Last Dividend Paid | 1.08 |
About Ritchie Bros Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ritchie Bros Auctioneers's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ritchie Bros using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ritchie Bros Auctioneers based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Total Revenue | 2.8 B | 2.9 B | |
| Cost Of Revenue | 1.4 B | 1.5 B | |
| Stock Based Compensation To Revenue | 0.02 | 0.01 | |
| Sales General And Administrative To Revenue | 0.19 | 0.18 | |
| Research And Ddevelopement To Revenue | 0.00 | 0.00 | |
| Capex To Revenue | (0.09) | (0.1) | |
| Revenue Per Share | 16.61 | 17.44 | |
| Ebit Per Revenue | 0.13 | 0.12 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ritchie Bros in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ritchie Bros' short interest history, or implied volatility extrapolated from Ritchie Bros options trading.
Currently Active Assets on Macroaxis
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ritchie Bros Auctioneers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Ritchie Bros Auctioneers information on this page should be used as a complementary analysis to other Ritchie Bros' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Ritchie Stock analysis
When running Ritchie Bros' price analysis, check to measure Ritchie Bros' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ritchie Bros is operating at the current time. Most of Ritchie Bros' value examination focuses on studying past and present price action to predict the probability of Ritchie Bros' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ritchie Bros' price. Additionally, you may evaluate how the addition of Ritchie Bros to your portfolios can decrease your overall portfolio volatility.
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |