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RDX logo

Redox ASX:RDX Stock Report

Last Price

AU$4.18

Market Cap

AU$2.2b

7D

0.2%

1Y

81.0%

Updated

21 Jan, 2025

Data

Company Financials +

Redox Limited

ASX:RDX Stock Report

Market Cap: AU$2.2b

RDX Stock Overview

Supplies and distributes chemicals, ingredients, and raw materials in Australia, New Zealand, the United States, and internationally. More details

RDX fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance4/6
Financial Health6/6
Dividends3/6

Rewards

Price-To-Earnings ratio (24.3x) is below the Trade Distributors industry average (24.5x)

Earnings are forecast to grow 11.11% per year

Earnings grew by 11.8% over the past year

Risk Analysis

No risks detected for RDX from our risk checks.

My Notes

Capture your thoughts, links and company narrative

Redox Limited Competitors

Emeco Holdings

ASX:EHL

AU$447.5m

Reece

ASX:REH

AU$15.0b

IPD Group

ASX:IPG

AU$389.9m

Acrow

ASX:ACF

AU$334.6m

Price History & Performance

Summary of share price highs, lows and changes for Redox
Historical stock prices
Current Share PriceAU$4.18
52 Week HighAU$4.64
52 Week LowAU$2.25
Beta0
1 Month Change5.82%
3 Month Change10.88%
1 Year Change80.95%
3 Year Changen/a
5 Year Changen/a
Change since IPO72.73%

Recent News & Updates

Calculating The Fair Value Of Redox Limited (ASX:RDX)

Jan 08
Calculating The Fair Value Of Redox Limited (ASX:RDX)

Redox (ASX:RDX) May Have Issues Allocating Its Capital

Nov 14
Redox (ASX:RDX) May Have Issues Allocating Its Capital

Recent updates

Calculating The Fair Value Of Redox Limited (ASX:RDX)

Jan 08
Calculating The Fair Value Of Redox Limited (ASX:RDX)

Redox (ASX:RDX) May Have Issues Allocating Its Capital

Nov 14
Redox (ASX:RDX) May Have Issues Allocating Its Capital

Redox Limited Recorded A 5.9% Miss On Revenue: Analysts Are Revisiting Their Models

Aug 23
Redox Limited Recorded A 5.9% Miss On Revenue: Analysts Are Revisiting Their Models

Be Wary Of Redox (ASX:RDX) And Its Returns On Capital

Jul 15
Be Wary Of Redox (ASX:RDX) And Its Returns On Capital

Is Redox Limited (ASX:RDX) Expensive For A Reason? A Look At Its Intrinsic Value

Jun 10
Is Redox Limited (ASX:RDX) Expensive For A Reason? A Look At Its Intrinsic Value

Calculating The Fair Value Of Redox Limited (ASX:RDX)

Feb 14
Calculating The Fair Value Of Redox Limited (ASX:RDX)

Shareholder Returns

RDXAU Trade DistributorsAU Market
7D0.2%3.3%1.9%
1Y81.0%19.8%9.7%

Return vs Industry: RDX exceeded the Australian Trade Distributors industry which returned 19.8% over the past year.

Return vs Market: RDX exceeded the Australian Market which returned 9.7% over the past year.

Price Volatility

Is RDX's price volatile compared to industry and market?
RDX volatility
RDX Average Weekly Movement5.0%
Trade Distributors Industry Average Movement4.4%
Market Average Movement7.9%
10% most volatile stocks in AU Market16.5%
10% least volatile stocks in AU Market2.9%

Stable Share Price: RDX has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: RDX's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1965n/aRaimond Conelianoredox.com

Redox Limited supplies and distributes chemicals, ingredients, and raw materials in Australia, New Zealand, the United States, and internationally. It offers antioxidants, proteins and fibres, leaving agents, acidity regulator, sweeteners, thickeners, stabilisers and gums, vitamins, amino acids, mineral salts, preservatives, phosphates, humectants, essential and vegetable oils, herb and spice extracts, natural colours, emulsifier, dairy products, wine and brewing, cleaning and sanitation, specialities, additives, emollients, emulsifiers, hair care, solvents, sunscreens, surfactants, thickeners, vegetable oils, processing aids and fining, cleaning and sanitation, waxes and fatty acids, and functional products. The company also offers feed trace elements and minerals, fats and oils, fertilisers, fertiliser trace elements, herbicides, fungicides, pool chlorination and bromination, water softeners, water hardeners, PH adjusters, UV stabilisers, flocculants and coagulants, filter vessels, manganese remover, dechlorination, bore anti-fouling agents, anti-foams, odour control, boiler treatments, oxygen scavengers, corrosion inhibitors, organophosphonate sequestering agents, tannins, biocides, slimacides, algaecides and bactericides, polymeric dispersants homopolmers, polymeric dispersants copolymers, activated carbon, ion exchange resins, esters, polyalphaolefins, and polybutene.

Redox Limited Fundamentals Summary

How do Redox's earnings and revenue compare to its market cap?
RDX fundamental statistics
Market capAU$2.19b
Earnings (TTM)AU$90.24m
Revenue (TTM)AU$1.14b

24.3x

P/E Ratio

1.9x

P/S Ratio

Is RDX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RDX income statement (TTM)
RevenueAU$1.14b
Cost of RevenueAU$871.40m
Gross ProfitAU$265.93m
Other ExpensesAU$175.69m
EarningsAU$90.24m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.17
Gross Margin23.38%
Net Profit Margin7.93%
Debt/Equity Ratio2.6%

How did RDX perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

73%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/21 07:34
End of Day Share Price 2025/01/21 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Redox Limited is covered by 3 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chenny WangMorgan Stanley
Esther HollowayMorningstar Inc.
Rushil PaivaOrd Minnett Limited