RB Global Inc vs Thomson-Reuters Corp

RB Global Inc (RBA) is slightly undervalued and Thomson-Reuters Corp (TRI) is overvalued.

Against our estimates of intrinsic value, RBA trades at the wider discount: a margin of safety of +6%, against -56% for TRI.

Values as of the 22 Sept 2026 close.

RB Global Inc (RBA)

Discounting its cash flows at 7.6% (average of 3 methods) values the shares at $88.51; the price of $83.36 is 6% below that value, and 82% of that value comes from beyond year five.

Leak Score 14/100 on 3 of 12 signals

Thomson-Reuters Corp (TRI)

Discounting its cash flows at 8.9% (average of 3 methods) values the shares at $61.26; the price of $95.66 is 56% above that value, and 76% of that value comes from beyond year five.

Leak Score 59/100 on 3 of 12 signals

MetricRBATRI
VerdictSlightly undervaluedOvervalued
Price$83.36$95.66
Intrinsic value$88.51$61.26
Margin of safety+6%-56%
Leak Score14/100 (3/12)59/100 (3/12)
Market cap$15.4B$41.4B
Revenue growth, 5 years27.2%4.5%
Operating margin17.8%26.9%
Net margin9.0%21.2%
Return on equity8.1%14.2%
Debt to equity0.750.29
P/E35.8x25.6x
Forward P/E17.4x18.9x
P/B2.8x3.8x
Dividend yield1.6%2.7%

All stocks in Specialty Business Services