Executive Summary
Redflex Holdings Limited, together with its subsidiaries, develops and implements intelligent traffic management products and services in the Americas, Australia, Saudi Arabia, United Arab Emirates, Ireland, the United Kingdom, New Zealand, and Asia. More Details
Snowflake Analysis
Excellent balance sheet and overvalued.
Similar Companies
Share Price & News
How has Redflex Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: Insufficient data to determine RDF's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine RDF's volatility change over the past year.
Market Performance
7 Day Return
-2.4%
RDF
2.2%
AU Electronic
-0.3%
AU Market
1 Year Return
-16.7%
RDF
35.9%
AU Electronic
-1.6%
AU Market
Return vs Industry: RDF underperformed the Australian Electronic industry which returned 35.9% over the past year.
Return vs Market: RDF underperformed the Australian Market which returned -1.6% over the past year.
Shareholder returns
| RDF | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.4% | 2.2% | -0.3% |
| 30 Day | 0% | 8.2% | 0.5% |
| 90 Day | 9.6% | 10.5% | 10.1% |
| 1 Year | -16.7%-16.7% | 39.3%35.9% | 1.7%-1.6% |
| 3 Year | -31.0%-31.0% | 132.3%115.9% | 26.2%10.7% |
| 5 Year | 21.8%14.3% | 210.5%184.1% | 68.7%35.5% |
Long-Term Price Volatility Vs. Market
How volatile is Redflex Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
How Much Is Redflex Holdings' (ASX:RDF) CEO Getting Paid?2 months ago | Simply Wall St
Is Redflex Holdings (ASX:RDF) Using Debt In A Risky Way?4 months ago | Simply Wall St
Who Has Been Buying Redflex Holdings Limited (ASX:RDF) Shares?Valuation
Is Redflex Holdings undervalued compared to its fair value and its price relative to the market?
0.96x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate RDF's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate RDF's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: RDF is unprofitable, so we can't compare its PE Ratio to the XO Electronic industry average.
PE vs Market: RDF 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 RDF's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RDF is good value based on its PB Ratio (1x) compared to the AU Electronic industry average (4.2x).
Next Steps
Future Growth
How is Redflex Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
25.0%
Forecasted Tech 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 Redflex Holdings 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.
Next Steps
- Examine Redflex Holdings's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Redflex Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
Past Performance
How has Redflex Holdings performed over the past 5 years?
28.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RDF is currently unprofitable.
Growing Profit Margin: RDF is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RDF is unprofitable, but has reduced losses over the past 5 years at a rate of 28% per year.
Accelerating Growth: Unable to compare RDF's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RDF is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-0.9%).
Return on Equity
High ROE: RDF has a negative Return on Equity (-16.53%), as it is currently unprofitable.
Next Steps
Financial Health
How is Redflex Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: RDF's short term assets (A$56.9M) exceed its short term liabilities (A$31.8M).
Long Term Liabilities: RDF's short term assets (A$56.9M) exceed its long term liabilities (A$34.3M).
Debt to Equity History and Analysis
Debt Level: RDF's debt to equity ratio (30.5%) is considered satisfactory.
Reducing Debt: RDF's debt to equity ratio has increased from 18% to 30.5% over the past 5 years.
Balance Sheet
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: RDF has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: RDF has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 30% each year
Next Steps
Dividend
What is Redflex Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RDF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RDF'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 RDF's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RDF's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: RDF is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RDF's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average management tenure
CEO
Mark Talbot
3.42yrs
Tenure
AU$1,405,327
Compensation
Mr. Mark J. Talbot, B. Science, MBA, has been Group Chief Executive Officer and Managing Director of Redflex Holdings Limited since August 21, 2017 and November 29, 2017 respectively. Mr. Talbot joined to ...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD1.08M) is above average for companies of similar size in the Australian market ($USD294.44K).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO | 3.42yrs | AU$1.41m | 0.70% A$ 425.6k | |
| Senior VP & Group CFO | 2.92yrs | AU$367.32k | 0.0063% A$ 3.8k | |
| Senior VP | 5.92yrs | AU$396.58k | 0.10% A$ 60.9k | |
| Senior Vice President of Global Operations | 3.08yrs | no data | no data | |
| Vice President of Global Sales Operations | 2.42yrs | no data | no data | |
| Senior Vice President of People & Performance | 3.08yrs | no data | no data | |
| Senior Vice President of Engineering & Delivery - Redflex Traffic Systems Pty Ltd | 4.92yrs | no data | no data | |
| Senior Vice President of Global Markets & Solutions | 4.42yrs | no data | no data |
3.3yrs
Average Tenure
Experienced Management: RDF's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO | 3.42yrs | AU$1.41m | 0.70% A$ 425.6k | |
| Independent Non-Executive Director | 8.33yrs | AU$97.15k | 0.12% A$ 71.2k | |
| Independent Non-Executive Director | 7.42yrs | AU$98.57k | 0.042% A$ 25.7k | |
| Non-Executive Director | 1.33yrs | AU$71.48k | no data | |
| Non-Executive Director | 5.83yrs | AU$88.95k | 0.041% A$ 25.0k | |
| Non-Executive Chairman | 6.92yrs | AU$149.06k | no data | |
| Independent Non-Executive Director | 6yrs | AU$103.38k | 0.36% A$ 219.5k |
6.0yrs
Average Tenure
62yo
Average Age
Experienced Board: RDF's board of directors are considered experienced (6 years average tenure).
Ownership
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
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Redflex Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Redflex Holdings Limited
- Ticker: RDF
- Exchange: ASX
- Founded: 1995
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: AU$60.796m
- Shares outstanding: 151.99m
- Website: https://www.redflex.com
Location
- Redflex Holdings Limited
- 31 Market Street
- PO Box 720
- Melbourne
- Victoria
- 3205
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| RDF | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Jan 1997 |
| RDF | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Jan 1997 |
Biography
Redflex Holdings Limited, together with its subsidiaries, develops and implements intelligent traffic management products and services in the Americas, Australia, Saudi Arabia, United Arab Emirates, Irelan...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/17 07:03 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
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.