Redox Limited

CHIA:RDX Stock Report

Market Cap: AU$2.2b

Redox Valuation

Is RDX undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of RDX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
AU$3.62
Fair Value
15.4% overvalued intrinsic discount
3
Number of Analysts

Below Fair Value: RDX (A$4.18) is trading above our estimate of fair value (A$3.62)

Significantly Below Fair Value: RDX is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for RDX?

Key metric: As RDX is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for RDX. This is calculated by dividing RDX's market cap by their current earnings.
What is RDX's PE Ratio?
PE Ratio24.3x
EarningsAU$90.24m
Market CapAU$2.19b

Price to Earnings Ratio vs Peers

How does RDX's PE Ratio compare to its peers?

The above table shows the PE ratio for RDX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.6x
EHL Emeco Holdings
8.8x11.2%AU$462.9m
REH Reece
35.1x8.3%AU$14.7b
IPG IPD Group
17.6x13.1%AU$393.0m
ACF Acrow
13.1x12.5%AU$333.1m
RDX Redox
24.3x9.1%AU$2.2b

Price-To-Earnings vs Peers: RDX is expensive based on its Price-To-Earnings Ratio (24.3x) compared to the peer average (18.6x).

Price to Earnings Ratio vs Industry

How does RDX's PE Ratio compare vs other companies in the Global Trade Distributors Industry?

21 CompaniesPrice / EarningsEstimated GrowthMarket Cap
RDX 24.3xIndustry Avg. 14.4xNo. of Companies87PE01224364860+
21 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: RDX is expensive based on its Price-To-Earnings Ratio (24.3x) compared to the Global Trade Distributors industry average (14.4x).

Price to Earnings Ratio vs Fair Ratio

What is RDX's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

RDX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio24.3x
Fair PE Ratio19.7x

Price-To-Earnings vs Fair Ratio: RDX is expensive based on its Price-To-Earnings Ratio (24.3x) compared to the estimated Fair Price-To-Earnings Ratio (19.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst RDX forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$4.18
AU$3.83
-8.3%
14.4%AU$4.50AU$3.15n/a3
Jan ’26AU$4.47
AU$3.83
-14.2%
14.4%AU$4.50AU$3.15n/a3
Dec ’25AU$4.00
AU$3.50
-12.5%
10.0%AU$3.85AU$3.15n/a2
Nov ’25AU$3.71
AU$3.47
-6.6%
11.1%AU$3.85AU$3.08n/a2
Oct ’25AU$3.34
AU$3.24
-3.0%
4.9%AU$3.40AU$3.08n/a2
Sep ’25AU$2.98
AU$3.24
+8.7%
4.9%AU$3.40AU$3.08n/a2
Aug ’25AU$3.28
AU$3.30
+0.5%
4.7%AU$3.45AU$3.14n/a2
Jul ’25AU$3.07
AU$3.15
+2.6%
9.5%AU$3.45AU$2.85n/a2
Jun ’25AU$3.12
AU$2.88
-7.9%
0.9%AU$2.90AU$2.85n/a2
May ’25AU$3.13
AU$2.88
-8.1%
0.9%AU$2.90AU$2.85n/a2
Apr ’25AU$2.97
AU$2.88
-3.2%
0.9%AU$2.90AU$2.85n/a2
Mar ’25AU$2.52
AU$2.88
+14.1%
0.9%AU$2.90AU$2.85n/a2
Feb ’25AU$2.28
AU$2.85
+25.0%
1.8%AU$2.90AU$2.80n/a2
Jan ’25n/a
AU$2.85
0%
1.8%AU$2.90AU$2.80AU$4.472
Dec ’24n/a
AU$2.85
0%
1.8%AU$2.90AU$2.80AU$4.002
Nov ’24n/a
AU$2.85
0%
1.8%AU$2.90AU$2.80AU$3.712
Oct ’24n/a
AU$2.85
0%
1.8%AU$2.90AU$2.80AU$3.342
Sep ’24n/a
AU$2.85
0%
1.8%AU$2.90AU$2.80AU$2.982
Analyst Price Target
Consensus Narrative from 3 Analysts
AU$3.83
Fair Value
9.0% overvalued intrinsic discount
3
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/17 12:58
End of Day Share Price 2025/01/17 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 2 analysts. 3 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
Rushil PaivaOrd Minnett Limited