RedFlow Limited develops, manufactures, and sells zinc-bromine flowing electrolyte battery modules (ZBMs) worldwide. More Details
Flawless balance sheet with weak fundamentals.
Share Price & News
How has RedFlow's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RFX is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 21% a week.
Volatility Over Time: RFX's weekly volatility has increased from 15% to 21% over the past year.
7 Day Return
1 Year Return
Return vs Industry: RFX exceeded the Australian Electrical industry which returned 62.1% over the past year.
Return vs Market: RFX exceeded the Australian Market which returned 36% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is RedFlow's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StWhat Type Of Returns Would RedFlow's(ASX:RFX) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
5 months ago | Simply Wall StWhat We Learned About RedFlow's (ASX:RFX) CEO Pay
11 months ago | Simply Wall StInvestors Who Bought RedFlow (ASX:RFX) Shares Five Years Ago Are Now Down 88%
Is RedFlow undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate RFX's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate RFX's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: RFX is unprofitable, so we can't compare its PE Ratio to the Global Electrical industry average.
PE vs Market: RFX is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RFX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RFX is overvalued based on its PB Ratio (5.7x) compared to the AU Electrical industry average (1.7x).
How is RedFlow forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as RedFlow has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has RedFlow performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RFX is currently unprofitable.
Growing Profit Margin: RFX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RFX is unprofitable, but has reduced losses over the past 5 years at a rate of 8.1% per year.
Accelerating Growth: Unable to compare RFX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RFX is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (18.2%).
Return on Equity
High ROE: RFX has a negative Return on Equity (-72.65%), as it is currently unprofitable.
How is RedFlow's financial position?
Financial Position Analysis
Short Term Liabilities: RFX's short term assets (A$13.9M) exceed its short term liabilities (A$2.8M).
Long Term Liabilities: RFX's short term assets (A$13.9M) exceed its long term liabilities (A$85.8K).
Debt to Equity History and Analysis
Debt Level: RFX is debt free.
Reducing Debt: RFX has no debt compared to 5 years ago when its debt to equity ratio was 0.04%.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: RFX has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: RFX has sufficient cash runway for 1.7 years if free cash flow continues to grow at historical rates of 6.3% each year.
What is RedFlow current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RFX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RFX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RFX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RFX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RFX's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Timothy Harris, BA, LLB, MBA, also known as Tim, has been the Chief Executive Officer and Managing Director of RedFlow Ltd since March 27, 2018 and July 2, 2018 respectively. He was appointed as Execut...
CEO Compensation Analysis
Compensation vs Market: Tim's total compensation ($USD506.66K) is above average for companies of similar size in the Australian market ($USD290.39K).
Compensation vs Earnings: Tim's compensation has increased whilst the company is unprofitable.
Experienced Management: RFX's management team is considered experienced (2.6 years average tenure).
Experienced Board: RFX's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 31.1%.
RedFlow Limited's company bio, employee growth, exchange listings and data sources
- Name: RedFlow Limited
- Ticker: RFX
- Exchange: ASX
- Founded: 2005
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: AU$66.036m
- Shares outstanding: 1.20b
- Website: https://www.redflow.com
Number of Employees
- RedFlow Limited
- 27 Counihan Road
- Seventeen Mile Rocks
RedFlow Limited develops, manufactures, and sells zinc-bromine flowing electrolyte battery modules (ZBMs) worldwide. The company offers ZBM2, an energy storage system with 10 kilowatt-hours (kWh) capacity;...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/12 08:29|
|End of Day Share Price||2021/05/12 00:00|
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.