
TSE:RBA
This summary was created by AI, based on 3 opinions in the last 12 months.
RB Global, Inc. (RBA-T) is seen as a high-quality business with attractive growth prospects, particularly following an 11% year-on-year increase in transaction value, even as revenue percentages declined slightly due to newer acquisitions with lower fees. Analysts are optimistic, citing increasing revenue, growing profits, and an expanding automotive market share, alongside management's raised full-year guidance. The future looks promising with opportunities in the agriculture sector, presenting a projected upside of 54%. While the stock has experienced volatility and is considered cyclical in nature, it is believed to be well-positioned in the current K-shaped economy, where struggling businesses are selling and flourishing ones are buying at attractive valuations. Overall, experts highlight the potential for steady long-term returns for those capable of handling its inherent volatility.
They do a lot of auctions of mining and forestry equipment. Scores high on price momentum and valuation. They beat on their last quarter. The balance sheet is in great shape. A little expensive on a free cash flow basis. The downturns in the industrial sector can actually be good for this company. Dividend yield of 2.4%.
This one has gone sideways for about the past 5 years. Although there are no barriers to entrance into their business, they are the largest auctioneer of industrial equipment globally. Thinks they are larger than the next 50 competitors combined. There is about $200 billion of used equipment that transacts every year but they only have about a 2% market share. This gives them a tremendous run way for growth. Just finished a CapX program to build a lot more permanent auction sites so they can now focus on filling those sites and he can see double digit earnings, cash flow and dividend growth. Yield of 2.47%.
(A Top Pick May 14/15. Down 6. 76 %.) This is still a Buy. Has a free cash flow to enterprise value of over 11%. Very low debt level and a healthy dividend.