Analyzing RB Global (RBA) and Its Competitors

RB Global (NYSE:RBA) is one of 354 public companies in the “Commercial Services & Supplies” industry, but how does it contrast to its competitors? We will compare RB Global to similar companies based on the strength of its dividends, analyst recommendations, valuation, earnings, risk, institutional ownership and profitability.

Institutional & Insider Ownership

95.4% of RB Global shares are held by institutional investors. Comparatively, 39.5% of shares of all “Commercial Services & Supplies” companies are held by institutional investors. 0.6% of RB Global shares are held by company insiders. Comparatively, 16.9% of shares of all “Commercial Services & Supplies” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Volatility and Risk

RB Global has a beta of 0.53, indicating that its share price is 47% less volatile than the S&P 500. Comparatively, RB Global’s competitors have a beta of 2.44, indicating that their average share price is 144% more volatile than the S&P 500.

Dividends

RB Global pays an annual dividend of $1.32 per share and has a dividend yield of 1.5%. RB Global pays out 56.7% of its earnings in the form of a dividend. As a group, “Commercial Services & Supplies” companies pay a dividend yield of 2.5% and pay out 67.4% of their earnings in the form of a dividend. RB Global has increased its dividend for 20 consecutive years.

Profitability

This table compares RB Global and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
RB Global	9.99%	12.37%	5.58%
RB Global Competitors	-67.38%	-119.17%	-1.33%

Analyst Recommendations

This is a summary of current ratings and target prices for RB Global and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
RB Global	0	3	6	1	2.80
RB Global Competitors	1895	6231	9003	662	2.47

RB Global currently has a consensus price target of $126.29, indicating a potential upside of 40.85%. As a group, “Commercial Services & Supplies” companies have a potential upside of 10.72%. Given RB Global’s stronger consensus rating and higher possible upside, equities analysts plainly believe RB Global is more favorable than its competitors.

Earnings & Valuation

This table compares RB Global and its competitors gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
RB Global	$4.85 billion	$423.10 million	38.48
RB Global Competitors	$2.47 billion	$140.58 million	13.62

RB Global has higher revenue and earnings than its competitors. RB Global is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Summary

RB Global beats its competitors on 12 of the 15 factors compared.

About RB Global

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; and Veritread, an online marketplace for heavy haul transport solution. The company's brands include GovPlanet, an online marketplace for the sale of government and military assets; RB Auction, an onsite and online marketplace for selling and buying used equipment; IronPlanet, an online marketplace for selling and buying used equipment; Marketplace-E, an online solution that make offers/buy now format; Rouse Appraisals, a certified appraisal service solution; Ritchie List Mascus, an online equipment listing service and B2B dealer portal; CSAToday, an online reporting and analysis tool that gives sellers the ability to manage their vehicle assets and monitor sales performance; and Catastrophe Response Services. In addition, it offers title, data, transportation and logistics, refurbishing, inspection, and financial services. It 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.