NYSE:REX

Stock Analysis Report

REX American Resources

Executive Summary

REX American Resources Corporation, together with its subsidiaries, produces and sells ethanol.


Snowflake Analysis

Flawless balance sheet with poor track record.


Similar Companies

Share Price & News

How has REX American Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: REX has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

5.4%

REX

-0.7%

US Oil and Gas

-1.1%

US Market


1 Year Return

-0.3%

REX

-18.9%

US Oil and Gas

17.8%

US Market

Return vs Industry: REX exceeded the US Oil and Gas industry which returned -18.9% over the past year.

Return vs Market: REX underperformed the US Market which returned 17.8% over the past year.


Shareholder returns

REXIndustryMarket
7 Day5.4%-0.7%-1.1%
30 Day7.0%-5.7%1.5%
90 Day-13.0%-6.9%6.6%
1 Year-0.3%-0.3%-15.7%-18.9%20.2%17.8%
3 Year-2.7%-2.7%-12.6%-20.8%47.5%38.1%
5 Year45.4%45.4%-20.8%-32.5%71.2%52.4%

Price Volatility Vs. Market

How volatile is REX American Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is REX American Resources undervalued compared to its fair value and its price relative to the market?

123.81x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: REX ($79.92) is trading above our estimate of fair value ($1.45)

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


Price To Earnings Ratio

PE vs Industry: REX is poor value based on its PE Ratio (123.8x) compared to the Oil and Gas industry average (10x).

PE vs Market: REX is poor value based on its PE Ratio (123.8x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate REX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: REX is overvalued based on its PB Ratio (1.3x) compared to the US Oil and Gas industry average (0.8x).


Next Steps

Future Growth

How is REX American Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.1%

Forecasted Energy 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 REX American Resources 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

Past Performance

How has REX American Resources performed over the past 5 years?

-22.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: REX has high quality earnings.

Growing Profit Margin: REX's current net profit margins (1%) are lower than last year (10.3%).


Past Earnings Growth Analysis

Earnings Trend: REX's earnings have declined by -22.5% per year over the past 5 years.

Accelerating Growth: REX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: REX had negative earnings growth (-91.8%) over the past year, making it difficult to compare to the Oil and Gas industry average (-13.3%).


Return on Equity

High ROE: REX's Return on Equity (1.8%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is REX American Resources's financial position?


Financial Position Analysis

Short Term Liabilities: REX's short term assets ($260.5M) exceed its short term liabilities ($24.4M).

Long Term Liabilities: REX's short term assets ($260.5M) exceed its long term liabilities ($20.2M).


Debt to Equity History and Analysis

Debt Level: REX is debt free.

Reducing Debt: REX has no debt compared to 5 years ago when its debt to equity ratio was 8.6%.

Debt Coverage: REX has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: REX has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: REX has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if REX's debt is covered by short term assets.


Next Steps

Dividend

What is REX American Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage4.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate REX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate REX's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if REX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if REX'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 REX's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

11.1yrs

Average management tenure


CEO

Zafar Rizvi (69yo)

4.7yrs

Tenure

US$879,261

Compensation

Mr. Zafar A. Rizvi has been the Chief Executive Officer of REX American Resources Corporation since June 2, 2015 and has been its President since June 2010. Mr. Rizvi has been the President of Farmers Ener ...


CEO Compensation Analysis

Compensation vs Market: Zafar's total compensation ($USD879.26K) is below average for companies of similar size in the US market ($USD1.67M).

Compensation vs Earnings: Zafar's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Stuart Rose
Executive Chairman & Head of Corporate Development36.1yrsUS$634.15k9.2% $46.3m
Zafar Rizvi
CEO, President & Director4.7yrsUS$879.26k0.96% $4.8m
Douglas Bruggeman
VP of Finance17.1yrsUS$602.93k0.50% $2.5m
Edward Kress
Secretary & Director35.1yrsUS$25.00k0.54% $2.7m

11.1yrs

Average Tenure

66.5yo

Average Age

Experienced Management: REX's management team is seasoned and experienced (11.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Stuart Rose
Executive Chairman & Head of Corporate Development36.1yrsUS$634.15k9.2% $46.3m
Zafar Rizvi
CEO, President & Director4.7yrsUS$879.26k0.96% $4.8m
Edward Kress
Secretary & Director35.1yrsUS$25.00k0.54% $2.7m
Lee Fisher
Independent Director9.1yrsUS$75.00k0.028% $141.4k
David Harris
Lead Director5.1yrsUS$125.00k0.056% $282.7k
Charles Elcan
Independent Director17.1yrsUS$72.50k0.27% $1.3m
Mervyn Alphonso
Independent Director13.1yrsUS$75.00k0.016% $80.3k
Anne MacMillan
Independent Director0.7yrsno data0.0057% $28.5k

11.1yrs

Average Tenure

65.5yo

Average Age

Experienced Board: REX's board of directors are seasoned and experienced ( 11.1 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

REX American Resources Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: REX American Resources Corporation
  • Ticker: REX
  • Exchange: NYSE
  • Founded: 1980
  • Industry: Oil and Gas Refining and Marketing
  • Sector: Energy
  • Market Cap: US$502.962m
  • Shares outstanding: 6.29m
  • Website: https://www.rexamerican.com

Number of Employees


Location

  • REX American Resources Corporation
  • 7720 Paragon Road
  • Dayton
  • Ohio
  • 45459
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
REXNYSE (New York Stock Exchange)YesCommon SharesUSUSDJul 1984
RX3DB (Deutsche Boerse AG)YesCommon SharesDEEURJul 1984

Biography

REX American Resources Corporation, together with its subsidiaries, produces and sells ethanol. It operates through two segments, Ethanol and By-Products, and Refined Coal. The company also offers dried distillers grains, modified distillers grains, non-food grade corn oil, and others. In addition, it provides dry distillers grains with solubles, which is used as a protein in animal feed; and produces, processes, and sells refined coal. The company was formerly known as REX Stores Corporation and changed its name to REX American Resources Corporation in 2010. REX American Resources Corporation was founded in 1980 and is headquartered in Dayton, Ohio. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/24 01:36
End of Day Share Price2020/02/21 00:00
Earnings2019/10/31
Annual Earnings2019/01/31


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.