RITCHIE BROS AUCTIONEERS INC. chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 14.17
Dividend & Yield1.42C$ (1.63%)
Beta 1.03
Market capitalization 9.95B
Operating cash flow 304.22M
ESG Scores unknown

Company description

Ritchie Bros. Auctioneers Incorporated, an asset management and disposition company, sells industrial equipment and other durable assets through its unreserved auctions, online marketplaces, listing services, and private brokerage services. It sells a range of used and unused commercial assets, including earthmoving equipment, truck tractors and trailers, government surplus, oil and gas equipment, and other industrial assets, as well as construction and heavy machinery. The company also offers live auction events with online bidding. It sells used equipment to its customers through live unreserved auctions at 40 auction sites worldwide. The company serves construction, transportation, agriculture, energy, oil and gas, mining, and forestry sectors. It operates in the United States, Canada, Australia, the United Arab Emirates, the Netherlands, Europe, the Middle East, Asia, and internationally. Ritchie Bros. Auctioneers Incorporated was founded in 1958 and is headquartered in Burnaby, Canada.

Sector: Industrials - Industry: Specialty Business Services

Financial Ratios
Quick Ratio1.12
Working Capital0.87
Return On Equity0.14
Debt To Equity1.62
Fixed Asset Ratio0.12
Fixed Interest Cover7.29

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 48.3M 48.09M -36.04M 110.48M
Total Cashflows From Investing Activities -30.95M -36.06M -276.72M -214.07M
Net Borrowings -81.88M -98.5M -1.67M 1.07B
Total Cash From Financing Activities -134.11M -187.22M -111.46M 960.91M
Change To Operating Activities -8.22M -12.87M -6.71M -27.61M
Issuance Of Stock 28.52M 41.09M 44.13M 16.25M
Net Income 121.48M 149.04M 170.09M 151.87M
Change In Cash -25.55M 114.69M -113.36M 1.06B
Effect Of Exchange Rate -4.77M 5.17M 16.95M -8.87M
Total Cash From Operating Activities 144.28M 332.79M 257.87M 317.59M
Depreciation 47.12M 54.43M 57.18M 63.99M
Change To Account Receivables -43.34M -8.61M 22.08M -11.61M
Other Cashflows From Financing Activities -1.18M -2.36M -2.36M -11.31M
Change To Netincome 16.74M 20.29M 26.63M 37.64M
Capital Expenditures -16.86M -13.59M -14.26M -9.82M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 152.51M 190.76M 235.89M 205.23M
Net Income 121.48M 149.04M 170.09M 151.87M
Selling General Administrative 382.68M 382.39M 413.22M 464.6M
Gross Profit 636.63M 672.83M 761.67M 822.19M
Ebit 187.34M 219.94M 273.53M 269.7M
Operating Income 187.34M 219.94M 273.53M 269.7M
Interest Expense -44.53M -41.28M -35.57M -36.99M
Income Tax Expense 31.01M 41.62M 65.53M 53.38M
Total Revenue 1.17B 1.32B 1.38B 1.42B
Cost Of Revenue 533.4M 645.82M 615.59M 594.78M
Total Other Income ExpenseNet -34.83M -29.17M -37.64M -64.47M
Net Income From Continuing Ops 121.51M 149.14M 170.36M 151.85M
Net Income Applicable To Common Shares 121.48M 149.04M 170.09M 151.87M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 1.22B 1.32B 1.34B 2.52B
Total Stockholder Equity 830.64M 901.83M 1.01B 1.07B
Other Current Liabilities 13.57M 19.6M 35.41M 17.74M
Total Assets 2.05B 2.23B 2.35B 3.59B
Common Stock 181.78M 194.77M 200.45M 227.5M
Other Current Assets 98.43M 88.56M 34.62M 125.27M
Retained Earnings 648.25M 714.05M 791.92M 839.61M
Treasury Stock -56.28M -59.1M -34.3M -55.97M
Cash 237.74M 359.67M 278.77M 326.11M
Total Current Liabilities 440.09M 501.26M 514.58M 588.42M
Other Stockholder Equity -56.28M -59.1M -34.3M -55.97M
Property, Plant, and Equipment 481.67M 595.85M 602.66M 558.65M
Total Current Assets 603.54M 679.58M 556.78M 762.22M
Net Tangible Assets -91.5M -8.7M -140.29M -232.41M
Net Receivables 135.62M 144.21M 136.33M 166.39M
Accounts Payable 296.99M 349.11M 289.76M 378.53M


Insider Transactions

Here are the insider transactions of stock shares related to RITCHIE BROS AUCTIONEERS INC.:

Filer Name Transaction Text Ownership Date Filer Relation Shares
JETER JAMES JEFFREYSale at price 61.73 per share.D2022-05-13Officer2.1k
WATT DARREN JEFFREYSale at price 61.69 per share.D2022-05-13General Counsel3.5k
WATT DARREN JEFFREYConversion of Exercise of derivative security at price 24.84 per share.D2022-05-13General Counsel3.5k
ACKLEY MATTHEW FARRELLSale at price 58.00 per share.D2022-05-12Officer1.5k
ACKLEY MATTHEW FARRELLConversion of Exercise of derivative security at price 17.76 per share.D2022-05-12Officer1.5k
WATT DARREN JEFFREYSale at price 58.21 per share.D2022-05-12General Counsel400
ACKLEY MATTHEW FARRELLD2022-03-04Officer7.11k
JETER JAMES JEFFREYD2022-03-04Officer8.78k
WATT DARREN JEFFREYD2022-03-04General Counsel5.28k
DRISCOLL SHARON RUTHD2022-03-04Chief Financial Officer15.03k
TAYLOR KARI R.D2022-03-04Officer7.7k
FANDOZZI ANN MARGARETPurchase at price 52.25 per share.D2022-02-28Chief Executive Officer9.56k
JETER JAMES JEFFREYSale at price 60.99 per share.D2021-12-21Officer2k
ACKLEY MATTHEW FARRELLSale at price 70.97 per share.D2021-12-08Officer1.5k
ACKLEY MATTHEW FARRELLConversion of Exercise of derivative security at price 17.76 per share.D2021-12-08Officer1.5k
JETER JAMES JEFFREYSale at price 62.07 per share.D2021-08-24Officer3.4k
DRISCOLL SHARON RUTHSale at price 61.75 per share.D2021-08-18Chief Financial Officer14.79k
DRISCOLL SHARON RUTHConversion of Exercise of derivative security at price 24.07 per share.D2021-08-18Chief Financial Officer14.79k
JETER JAMES JEFFREYSale at price 62.90 per share.D2021-08-16Officer7.25k
JETER JAMES JEFFREYConversion of Exercise of derivative security at price 33.79 per share.D2021-08-16Officer7.25k
WATT DARREN JEFFREYSale at price 62.82 per share.D2021-08-16General Counsel3.3k
WATT DARREN JEFFREYConversion of Exercise of derivative security at price 24.84 per share.D2021-08-16General Counsel3.3k
ACKLEY MATTHEW FARRELLSale at price 60.25 per share.D2021-08-11Officer2k
ACKLEY MATTHEW FARRELLConversion of Exercise of derivative security at price 17.76 per share.D2021-08-11Officer2k
JETER JAMES JEFFREYSale at price 62.34 per share.D2021-05-24Officer3.2k
ACKLEY MATTHEW FARRELLSale at price 60.57 per share.D2021-05-13Officer2k
ACKLEY MATTHEW FARRELLConversion of Exercise of derivative security at price 17.76 per share.D2021-05-13Officer2k
JETER JAMES JEFFREYSale at price 61.42 per share.D2021-05-13Officer20.45k
JETER JAMES JEFFREYConversion of Exercise of derivative security at price 32.16 - 40.64 per share.D2021-05-13Officer20.45k
JETER JAMES JEFFREYSale at price 56.43 per share.D2021-03-19Officer600
WERNER KARL WILLIAMSale at price 57.50 per share.D2021-03-16Officer12.61k
WERNER KARL WILLIAMSale at price 57.50 per share.D2021-03-16Officer2.28k
WERNER KARL WILLIAMSale at price 58.25 per share.D2021-03-15Officer25.82k
WERNER KARL WILLIAMConversion of Exercise of derivative security at price 32.16 - 40.64 per share.D2021-03-15Officer25.82k
WATT DARREN JEFFREYSale at price 57.00 per share.D2021-03-12General Counsel500
JETER JAMES JEFFREYSale at price 54.89 per share.D2021-03-10Officer7.78k
JETER JAMES JEFFREYConversion of Exercise of derivative security at price 14.04 - 32.16 per share.D2021-03-10Officer7.78k
HOLM KIERAN COLQUHOUNSale at price 54.25 per share.D2021-03-10Officer6.78k
HOLM KIERAN COLQUHOUNConversion of Exercise of derivative security at price 33.79 per share.D2021-03-10Officer6.78k
ACKLEY MATTHEW FARRELLStock Award(Grant) at price 0.00 per share.D2021-03-05Officer33
JETER JAMES JEFFREYStock Award(Grant) at price 0.00 per share.D2021-03-05Officer54
WATT DARREN JEFFREYSale at price 54.15 per share.D2021-03-05General Counsel500
WATT DARREN JEFFREYStock Award(Grant) at price 0.00 per share.D2021-03-05General Counsel40
WERNER KARL WILLIAMStock Award(Grant) at price 0.00 per share.D2021-03-05Officer66
HOLM KIERAN COLQUHOUNSale at price 52.00 per share.D2021-03-05Officer6.48k
HOLM KIERAN COLQUHOUNConversion of Exercise of derivative security at price 40.64 per share.D2021-03-05Officer6.48k
HOLM KIERAN COLQUHOUNStock Award(Grant) at price 0.00 per share.D2021-03-05Officer37
DRISCOLL SHARON RUTHStock Award(Grant) at price 0.00 per share.D2021-03-05Chief Financial Officer105
HOLM KIERAN COLQUHOUNSale at price 52.15 per share.D2021-03-04Officer6.78k
HOLM KIERAN COLQUHOUNConversion of Exercise of derivative security at price 33.79 per share.D2021-03-04Officer6.78k
HOLM KIERAN COLQUHOUNSale at price 53.00 per share.D2021-03-02Officer13.65k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to RITCHIE BROS AUCTIONEERS INC.. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on RITCHIE BROS AUCTIONEERS INC.

Here is the result of two systematic investment strategies applied to RITCHIE BROS AUCTIONEERS INC.. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on RITCHIE BROS AUCTIONEERS INC.

The following chart shows the equity curve of the two systematic investment strategies applied to RITCHIE BROS AUCTIONEERS INC.:

RITCHIE BROS AUCTIONEERS INC. automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 18.94% on the backtest period.

Performance at glance

Performance

18.94 %

Latent gain

282.28 C$

Invested capital

1490.33 C$

Annualized return

4.57 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on RITCHIE BROS AUCTIONEERS INC.

This is the result of two momentum investment strategies applied to RITCHIE BROS AUCTIONEERS INC.. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on RITCHIE BROS AUCTIONEERS INC.

The following chart shows all the entries opened by the momentum investment system on RITCHIE BROS AUCTIONEERS INC.:

RITCHIE BROS AUCTIONEERS INC. momentum entries
  • The first momentum investment strategy would give 37.34% of return on RITCHIE BROS AUCTIONEERS INC.. That represents 1969.56C$ of latent gain with 5275.02C$ of employed capital.
  • The second momentum investment strategy would give 34.46% of return on RITCHIE BROS AUCTIONEERS INC.. That represents 1461.71C$ of latent gain with 4241.47C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

37.34 %

Latent gain

1969.56 C$

Invested capital

5275.02 C$

Annualized return

-1.84 %
Performance at glance (2Q Momentum)

Performance

34.46 %

Latent gain

1461.71 C$

Invested capital

4241.47 C$

Annualized return

9.42 %

Momentum equity curve on RITCHIE BROS AUCTIONEERS INC.

The following chart shows the equity curve of the two momentum strategies applied to RITCHIE BROS AUCTIONEERS INC.:

RITCHIE BROS AUCTIONEERS INC. momentum equity

Note: the dividends potentially given by RITCHIE BROS AUCTIONEERS INC. are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on RITCHIE BROS AUCTIONEERS INC.

The following chart shows the employed capital evolution of the two momentum strategies on RITCHIE BROS AUCTIONEERS INC. since the beginning:

RITCHIE BROS AUCTIONEERS INC.

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on RITCHIE BROS AUCTIONEERS INC.

Buy the dip entry openings on RITCHIE BROS AUCTIONEERS INC.

RITCHIE BROS AUCTIONEERS INC.

The performance achieved by the robo-advisor on RITCHIE BROS AUCTIONEERS INC. is -3.94%. That represents -9.48$ of latent gain with 240.69C$ of employed capital. The following chart shows RITCHIE BROS AUCTIONEERS INC. stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of RITCHIE BROS AUCTIONEERS INC., and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-3.94 %

Latent gain

-9.48 C$

Invested capital

240.69 C$

Annualized return

-1.84 %

Equity curve of the strategy applied to RITCHIE BROS AUCTIONEERS INC.

The following chart shows the result of the investment strategy applied to RITCHIE BROS AUCTIONEERS INC.:

RITCHIE BROS AUCTIONEERS INC.

Note: the dividends potentially given by RITCHIE BROS AUCTIONEERS INC. are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on RITCHIE BROS AUCTIONEERS INC.

The following chart shows the employed capital evolution since the beginning of the investment strategy on RITCHIE BROS AUCTIONEERS INC.:

RITCHIE BROS AUCTIONEERS INC.

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on RITCHIE BROS AUCTIONEERS INC.

In this section, I will compare the three previous investment strategies applied to RITCHIE BROS AUCTIONEERS INC..

Equity curve comparison on RITCHIE BROS AUCTIONEERS INC.

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

RITCHIE BROS AUCTIONEERS INC. investment strategy comparison

Employed capital comparison on RITCHIE BROS AUCTIONEERS INC.

RITCHIE BROS AUCTIONEERS INC. investment comparison

Performance comparison on RITCHIE BROS AUCTIONEERS INC.

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 18.94% 282.28C$ 1490.33C$ 4.57%
Momentum 1 quarter 37.34% 1969.56C$ 5275.02C$ 9.57%
Momentum 2 quarters 34.46% 1461.71C$ 4241.47C$ 9.42%
Non-directional -3.94% -9.48C$ 240.69C$ -1.84%
Annualized return comparison

Automatic investment

4.57 %

Momentum 1Q

9.42 %

Momentum 2Q

9.42 %

Non-directional

-1.84 %

Correlated stocks

Here are the most positively and negatively correlated stocks with RITCHIE BROS AUCTIONEERS INC.:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

  • CH DEMETER FIN

  • Note: The algorithm computes the probability of correlation between RITCHIE BROS AUCTIONEERS INC. and the other stocks. There may be false positives or some missing correlated stocks. If the price of RITCHIE BROS AUCTIONEERS INC. does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name RITCHIE BROS AUCTIONEERS INC.
    Country Canada
    City Burnaby
    Address 9500 Glenlyon Parkway
    Phone
    Website www.ritchiebros.com
    FullTime employees 2700
    Industry Specialty Business Services
    Sector Industrials
    Exchange XTSE
    Ticker RBA.XTSE
    Market

    RITCHIE BROS AUCTIONEERS INC. ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown