Ritchie Bros Auctioneers has the Highest Enterprise Value to Sales Ratio in the Diversified Support Services Industry (RBA, CPRT, MINI, MGRC, CTAS)
Below are the three companies in the Diversified Support Services industry with the highest Enterprise Value (EV) to Sales ratios. EV/Sales gives investors an idea of how much it costs to buy the company's sales and the lower the ratio, the more undervalued the company is believed to be.
Ritchie Bros Auctioneers ranks highest with a EV/Sales of 6.68. Copart is next with a EV/Sales of 5.34. Mobile Mini ranks third highest with a EV/Sales of 4.89.
McGrath RentCorp follows with a EV/Sales of 2.69, and Cintas rounds out the top five with a EV/Sales of 2.49.
SmarTrend recommended that subscribers consider buying shares of Ritchie Bros Auctioneers on February 8th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $23.24. Since that recommendation, shares of Ritchie Bros Auctioneers have risen 46.3%. We continue to monitor Ritchie Bros Auctioneers for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest enterprise value to sales ratio ritchie bros auctioneers copart mobile mini mcgrath rentcorp Cintas