Value Stocks Episode 16 – Ritchie Bros. Auctioneers

by | Jul 4, 2019 | Value Stocks Podcasts Episodes | 0 comments

Ritchie Bros Stock Analysis

Summary: 

  • Ritchie connects buyers and sellers through their 40 operational auction sites in more than 13 countries

  • Currently Ritchie Bros. is the largest live auction company in the world and claims approximately a 20% market share
  • Over 80% of their business is derived from live auctions and only 17% is derived from online marketplaces

 

In this episode, Alex discusses Ritchie Bros Auctioneers (NYSE: RBA).  Ritchie Bros is an auction service company that primarily focuses on marketing their services to industrial equipment owners and buyers from the oil & gas, mining, agriculture, government and other related industries. 

Current market cap for Ritchie Bros is $3.6 billion with an enterprise value of $4.2 billion and a trailing PE 30. The stock is currently trading at a share price of around $33 on the NYSE down from a 52-week high of $38

Alex currently does not have a position in Ritchie Bros and rates it a 7 out of 10.  I hope you enjoy the episode

 

Ritchie Bros Stock Analysis
Ritchie Bros Stock Analysis
Ritchie Bros Stock Analysis
Ritchie Bros Stock Analysis

Welcome to StockWriteUps.com!

My name is Alex Middleton and I am from Calgary, Alberta.  I believe investing requires one to carefully study publicly available information in an attempt to develop a thesis based on reason and logic.  It also requires one to properly account for the unknown by applying probabilities and margin of safety to their thesis.  I hope you enjoy the content!

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