Are Investors Undervaluing RB Global, Inc. (NYSE:RBA) By 38%?
Jun 18
U.S. Diversified Support Services Industry Analysis
UpdatedJun 19, 2024
DataAggregated Company Financials
Companies38
- 7D2.5%
- 3M2.6%
- 1Y28.9%
- YTDn/a
In the last week, the Diversified Support Services industry is up 2.1%, with Cintas up 3.5%. Meanwhile, Matthews International actually underperformed within the industry, shrinking 9.2% in the last week. In the last 12 months, the industry was up 28%. As for the next few years, earnings are expected to grow by 14% per annum.
Industry Valuation and Performance
Has the U.S. Diversified Support Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 19 Jun 2024 | US$154.7b | US$35.5b | US$2.5b | 32x | 61.6x | 4.4x |
| Fri, 17 May 2024 | US$153.5b | US$35.5b | US$2.5b | 29.4x | 62x | 4.3x |
| Sun, 14 Apr 2024 | US$153.6b | US$35.0b | US$2.4b | 28.7x | 63.5x | 4.4x |
| Tue, 12 Mar 2024 | US$147.7b | US$34.8b | US$2.4b | 27.5x | 62.9x | 4.2x |
| Thu, 08 Feb 2024 | US$140.3b | US$34.2b | US$2.3b | 27x | 60.2x | 4.1x |
| Sat, 06 Jan 2024 | US$138.0b | US$36.3b | US$2.6b | 27x | 52.5x | 3.8x |
| Mon, 04 Dec 2023 | US$139.8b | US$36.1b | US$2.6b | 27x | 54.4x | 3.9x |
| Wed, 01 Nov 2023 | US$126.1b | US$35.1b | US$3.1b | 25.7x | 40.7x | 3.6x |
| Fri, 29 Sep 2023 | US$122.0b | US$32.2b | US$3.0b | 26.4x | 41.1x | 3.8x |
| Sun, 27 Aug 2023 | US$123.7b | US$32.0b | US$2.8b | 27.5x | 43.4x | 3.9x |
| Tue, 25 Jul 2023 | US$129.0b | US$30.4b | US$2.7b | 29.8x | 48.1x | 4.2x |
| Thu, 22 Jun 2023 | US$128.0b | US$30.2b | US$780.5m | 30.3x | 164x | 4.2x |
| Sat, 20 May 2023 | US$124.1b | US$30.0b | US$678.0m | 30.3x | 183x | 4.1x |
| Mon, 17 Apr 2023 | US$117.3b | US$29.6b | US$976.6m | 31.7x | 120.1x | 4x |
| Wed, 15 Mar 2023 | US$104.9b | US$29.4b | US$1.3b | 23.4x | 81.2x | 3.6x |
| Fri, 10 Feb 2023 | US$108.6b | US$29.8b | US$1.3b | 23.3x | 85.4x | 3.6x |
| Sun, 08 Jan 2023 | US$103.1b | US$29.5b | US$1.2b | 21.3x | 85.5x | 3.5x |
| Tue, 06 Dec 2022 | US$106.3b | US$29.2b | US$1.2b | 21.7x | 90.2x | 3.6x |
| Thu, 03 Nov 2022 | US$98.6b | US$28.8b | US$1.3b | 24.5x | 75.4x | 3.4x |
| Sat, 01 Oct 2022 | US$92.1b | US$28.5b | US$1.3b | 23.4x | 71x | 3.2x |
| Mon, 29 Aug 2022 | US$102.5b | US$28.1b | US$1.3b | 26.5x | 80.1x | 3.7x |
| Wed, 27 Jul 2022 | US$99.7b | US$27.4b | US$2.3b | 31.9x | 44.2x | 3.6x |
| Fri, 24 Jun 2022 | US$92.0b | US$27.1b | US$2.3b | 24.2x | 40.7x | 3.4x |
| Sun, 22 May 2022 | US$94.6b | US$27.1b | US$2.2b | 24.6x | 42.1x | 3.5x |
| Tue, 19 Apr 2022 | US$102.5b | US$26.2b | US$2.0b | 25.3x | 51.9x | 3.9x |
| Thu, 17 Mar 2022 | US$103.9b | US$25.9b | US$1.9b | 28.1x | 53.5x | 4x |
| Sat, 12 Feb 2022 | US$100.7b | US$25.2b | US$2.1b | 27.4x | 48.8x | 4x |
| Mon, 10 Jan 2022 | US$115.2b | US$25.0b | US$2.1b | 32.5x | 55.7x | 4.6x |
| Wed, 08 Dec 2021 | US$125.8b | US$24.8b | US$2.1b | 34.7x | 60.8x | 5.1x |
| Fri, 05 Nov 2021 | US$116.4b | US$24.3b | US$2.6b | 39.3x | 44.6x | 4.8x |
| Sun, 03 Oct 2021 | US$107.0b | US$24.1b | US$2.6b | 35.4x | 41x | 4.4x |
| Tue, 31 Aug 2021 | US$104.2b | US$22.7b | US$2.6b | 36.7x | 40.6x | 4.6x |
| Wed, 07 Jul 2021 | US$101.9b | US$22.5b | US$2.5b | 35.7x | 41.2x | 4.5x |
Price to Earnings Ratio
41.2x
Current Industry PE
- Investors are pessimistic on the American Diversified Support Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 60.6x which is lower than its 3-year average PE of 65.9x.
- The industry is trading close to its 3-year average PS ratio of 4.0x.
Past Earnings Growth
- The earnings for companies in the Diversified Support Services industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 17% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Comparison
How does U.S. Diversified Support Services compare with similar industries?
| US Market | 1.63% | |
| Industrials | 0.94% | |
| Commercial Services | 2.65% | |
| Diversified Support Services | 2.49% | |
| Office Services and Supplies | 2.95% | |
| Environmental and Facilities Services | 2.89% | |
| Commercial Printing | 0.21% | |
| Security and Alarm Services | -1.69% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CTAS Cintas | US$711.01 | 3.5% +US$2.4b | 46.8% | PE48.2x | |
| CPRT Copart | US$54.86 | 3.0% +US$1.5b | 25.0% | PE38x | |
| RBA RB Global | US$80.07 | 0.6% +US$89.1m | 40.1% | PE47.8x | |
| DRVN Driven Brands Holdings | US$11.55 | 4.1% +US$73.8m | -55.6% | PS0.8x | |
| VVI Viad | US$34.49 | 0.7% +US$4.9m | 41.2% | PE259.7x |
