WallStSmart

RB Global Inc. (RBA)vsUL Solutions Inc. (ULS)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

RB Global Inc. generates 50% more annual revenue ($4.59B vs $3.05B). ULS leads profitability with a 10.6% profit margin vs 9.3%. RBA appears more attractively valued with a PEG of 0.98. ULS earns a higher WallStSmart Score of 52/100 (C-).

RBA

Buy

51

out of 100

Grade: C-

Growth: 6.0Profit: 6.0Value: 7.3Quality: 5.0

ULS

Buy

52

out of 100

Grade: C-

Growth: 4.7Profit: 8.0Value: 4.7Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

RBASignificantly Overvalued (-721.0%)

Margin of Safety

-721.0%

Fair Value

$13.87

Current Price

$94.98

$81.11 premium

UndervaluedFair: $13.87Overvalued
ULSSignificantly Overvalued (-566.8%)

Margin of Safety

-566.8%

Fair Value

$10.88

Current Price

$82.70

$71.82 premium

UndervaluedFair: $10.88Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

RBA1 strengths · Avg: 8.0/10
PEG RatioValuation
0.988/10

Growing faster than its price suggests

ULS1 strengths · Avg: 10.0/10
Return on EquityProfitability
31.0%10/10

Every $100 of equity generates 31 in profit

Areas to Watch

RBA3 concerns · Avg: 2.3/10
Return on EquityProfitability
7.3%3/10

ROE of 7.3% — below average capital efficiency

P/E RatioValuation
48.5x2/10

Premium valuation, high expectations priced in

EPS GrowthGrowth
-10.3%2/10

Earnings declined 10.3%

ULS4 concerns · Avg: 3.0/10
PEG RatioValuation
2.314/10

Expensive relative to growth rate

Price/BookValuation
13.2x4/10

Trading at 13.2x book value

P/E RatioValuation
53.2x2/10

Premium valuation, high expectations priced in

EPS GrowthGrowth
-17.5%2/10

Earnings declined 17.5%

Comparative Analysis Report

WallStSmart Research

Bull Case : RBA

The strongest argument for RBA centers on PEG Ratio. PEG of 0.98 suggests the stock is reasonably priced for its growth.

Bull Case : ULS

The strongest argument for ULS centers on Return on Equity.

Bear Case : RBA

The primary concerns for RBA are Return on Equity, P/E Ratio, EPS Growth. A P/E of 48.5x leaves little room for execution misses.

Bear Case : ULS

The primary concerns for ULS are PEG Ratio, Price/Book, P/E Ratio. A P/E of 53.2x leaves little room for execution misses.

Key Dynamics to Monitor

ULS is growing revenue faster at 6.8% — sustainability is the question.

RBA generates stronger free cash flow (194M), providing more financial flexibility.

Monitor SPECIALTY BUSINESS SERVICES industry trends, competitive dynamics, and regulatory changes.

Bottom Line

ULS scores higher overall (52/100 vs 51/100). Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

RB Global Inc.

INDUSTRIALS · SPECIALTY BUSINESS SERVICES · USA

Ritchie Bros. The company is headquartered in Burnaby, Canada.

UL Solutions Inc.

INDUSTRIALS · SPECIALTY BUSINESS SERVICES · USA

UL Solutions Inc. provides safety science services globally. The company is headquartered in Northbrook, Illinois with additional offices in North America, Asia Pacific, Africa, Europe, Latin America, and Middle East.

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