Ritchie Bros Auctioneers Stock EBITDA

RBA Stock  CAD 102.19  1.32  1.28%   
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.
Last ReportedProjected for Next Year
EBITDA511.3 M536.9 M
As of the 17th of May 2024, EBITDA is likely to grow to about 536.9 M.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Ritchie Bros Auctioneers Company EBITDA Analysis

Ritchie Bros' EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

EBITDA

 = 

Revenue

-

Basic Expenses

More About EBITDA | All Equity Analysis

Current Ritchie Bros EBITDA

    
  1.22 B  
Most of Ritchie Bros' fundamental indicators, such as EBITDA, 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 EBITDA 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 EBITDA. 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.
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Competition

Ritchie Ebitda

Ebitda

536.86 Million

At this time, Ritchie Bros' EBITDA is very stable compared to the past year.
According to the company disclosure, Ritchie Bros Auctioneers reported earnings before interest,tax, depreciation and amortization of 1.22 B. This is 108.63% higher than that of the Commercial Services & Supplies sector and significantly higher than that of the Industrials industry. The ebitda for all Canada stocks is 68.82% higher than that of the company.

Ritchie EBITDA 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 EBITDA 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 ebitda 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.
201920202021202220232024 (projected)
Market Cap4.7B7.6B6.7B6.4B11.2B11.7B
Enterprise Value4.9B8.0B8.1B6.5B14.2B14.9B

Ritchie Fundamentals

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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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.
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
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Please note, there is a significant difference between Ritchie Bros' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ritchie Bros is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ritchie Bros' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.