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RB Global Inc (RBA)

Fair Value
IndustrialsSpecialty Business ServicesUnited States

Fundamental

63

Price

$81.39

Market Cap

$15.05B

Part 1 · What the company is worth

Overview

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 also offers transaction, financial, loan payoff, appraisal, inspection, listing, refurbishing, transportation and logistics, data, parts, catastrophe response, and title services. In addition, it operates as a digital dealer for buying and selling heavy equipment and cars. 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 formerly known as Ritchie Bros. Auctioneers Incorporated and changed its name to RB Global, Inc. in May 2023. The company was founded in 1958 and is headquartered in Westchester, Illinois.

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Direct competitors

Who this company fights with for the same customers

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No competitor list for this company yet.

Balance Sheet & Liquidity

Revenue

$4.85B

Trailing 12 months (through 6/30/2026)

Net Income

$484M

Trailing 12 months (through 6/30/2026)

Free Cash Flow

$719M

Total Equity

$5.57B

Total Liabilities

$6.08B

Current Ratio

1.31

Interest Coverage

4.31

Debt/EBITDA

3.74

Earnings Per Share

Revenue & Net Income

Free Cash Flow

Income Breakdown

Historical statement

Margins over time

Debt over time

How heavy the debt is

Growth grid

Growth — Revenue

Fair Value Estimation

General caseFairly Valued

Fair Value

$100.31

Current Price

$81.39

Margin of Safety

+18.9%

Fair Value Range

$66.34 - $134.27

Spread across the valuation methods used, not a statistically calibrated confidence interval.

Estimation Methods

Analyst price target:$128.64
Discounted cash flow (DCF):$107.24
Earnings multiple (P/E):$40.26
Graham growth formula:$51.04
Earnings power value (EPV):$41.08
Justified P/B:$32.63
Dividend discount (Gordon):$29.84
P/FFO, funds from operations:$78.77
Mid-cycle earnings:$93.11
Revenue multiple:$73.76
Analyst Consensus:Strong Buy (10B / 1H / 0S)
Last Earnings Surprise:-1.86%

Valuation Metrics

P/E Ratio

34.93

ROE

7.7%

P/B Ratio

2.71

P/FCF

24.66

Gross Margin

-

ROIC

5.6%

Profitability Radar

Value Creation (Economic Moat)

ROIC

5.6%

WACC

7.2%

ROIC − WACC

-1.7 pp

ROIC is below the cost of capital — the company is destroying value for every dollar invested.

Fundamental Analysis Criteria

Passed (21)

  • EPS shows upward trend
  • EPS CAGR 7.36%
  • Price CAGR 9.42%
  • ROIC 5.6%
  • P/FCF 24.66
  • P/B Ratio 2.71
  • Debt/Equity ratio
  • Operating Margin 16.0%
  • Positive Free Cash Flow
  • Current Ratio
  • Interest Coverage
  • Debt/EBITDA
  • Return on Tangible Assets
  • ROE 8.0%
  • Revenue Growth 5Y 27.2%
  • Analyst Consensus 91% Buy
  • Earnings Surprise avg 5.3%
  • Earnings Quality (OCF/NI) 1.78
  • Share Dilution 2.2%
  • Net Margin Trend 10.0% vs 9.5%
  • Piotroski F-Score 6/9

Failed (5)

  • CapEx intensity
  • Low reliance on intangibles
  • Price below Graham Number
  • DCF valuation (Overvalued)
  • PEG Ratio 3.82

Unavailable (2)

  • Gross Margin NaN%
  • Dividend Payout NaN%

Piotroski F-Score

6/9

Mixed signals: some areas need attention

score
criteria

Earnings Quality

1.78

High quality: earnings backed by cash

Share Dilution

2.2%

Issuing new shares, diluting ownership

Institutional Holdings

Governance

Executive Team

NameTitleAge
Mr. James F. KesslerCEO & Director52
Mr. Eric J. GuerinChief Financial Officer53
Mr. Steve LewisChief Operations officer50
Mr. Darren J. WattChief Legal Officer53
Ms. Jen SchmitChief People Officer45
Mr. David E. RitchieFounder & Chairman Emeritus-
Mr. Christopher CarlsonSenior VP of Global Controller & Chief Accounting Officer42
Mr. Sameer RathodVice President of Investor Relations & Market Intelligence-
Mr. Curtis C. HinkelmanSenior Vice President of Sales - Eastern USA-
Mr. Karl W. WernerChief Business Development Officer60

Audit Risk

1

Board Risk

2

Compensation Risk

2

Shareholder Rights Risk

9

Part 2 · The price and when to enter

This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.

Documents

  • Annual Report (10-K)

    A yearly overview of the business, its financial results, and the risks it faces.

    Filed on 2026-02-25

    View document
  • Quarterly Report (10-Q)

    A snapshot of financial performance for the most recent three-month period.

    Filed on 2026-08-04

    View document
  • Current Report (8-K)

    An announcement of a major event, such as a leadership change or big news.

    Filed on 2026-09-15

    View document

via SEC EDGAR

Income History

via SEC EDGAR

Latest News

Recent headlines for RBA, sourced from Markets Gazette.

No recent news for RBA.