Redox Limited (RDX) AI Stock Analysis

• Market Cap: AU$1.28B
• Dividend Yield: 5.12%
• Average Volume (3M): 764.26K
• Price to Earnings (P/E): 16.6
• Beta (1Y): 0.80
• Revenue Growth: 9.36%
• EPS Growth: -14.60%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 72
• Industry: Chemicals
• EPS (TTM): 0.07
• Shares Outstanding: 525,081,400
• 10 Day Avg. Volume: 1,474,449
• 30 Day Avg. Volume: 764,264
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$3.14
• Price Target Upside: 28.69% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4

• Rating: 75 Outperform
• Price Target: AU$2.50 ▲(2.46% Upside)

Redox Limited's strong financial performance and reasonable valuation are the primary drivers of its stock score. The mixed technical indicators slightly detract from the overall score but do not overshadow the company's solid financial foundation and attractive dividend yield.

Redox Limited Business Overview & Revenue Model

Company Description

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. In addition, it offers chemical products for roading, glass and glass insulation, wood preservatives, gypsum, plasterboard and drywall, concrete and admixtures, insulation, and ceramic and brick. The company serves food and beverages, human health, crop production and protection, detergents, animal health and nutrition, personal care, surface coatings, metals, building construction, textile and leather, lubricants, mining, oil and gas, and water treatment, as well as rubber, and plastics and foam industry sectors. Redox Limited was founded in 1965 and is headquartered in Minto, Australia.

How the Company Makes Money

Redox Limited (RDX) generates revenue primarily through the sale and distribution of chemical products. The company's revenue streams include direct sales to industrial clients, bulk supply contracts, and specialized chemical solutions for niche markets. Additionally, Redox Limited partners with chemical manufacturers and suppliers to expand its product offerings and ensure a steady supply chain. The company may also engage in strategic partnerships to enhance its market reach and leverage economies of scale, contributing to its profitability.

Redox Limited Financial Statement Overview

Summary

Redox Limited shows strong financial health with solid revenue growth, robust profitability margins, and a strong balance sheet characterized by low leverage and high equity. The cash flow position remains healthy, supporting the company's operations and potential investments.

Income Statement

Redox Limited has demonstrated solid growth in revenue over the years, with a positive revenue growth rate of 5.1% from 2022 to 2023, despite a slight decline in 2024. The gross profit margin remains robust at approximately 23.4% in 2024, indicating efficient cost management. The net profit margin has improved to 7.9% in 2024, showing enhanced profitability. EBIT and EBITDA margins are stable, reflecting strong operating performance.

Balance Sheet

The company's balance sheet is strong, with a decreasing debt-to-equity ratio from 2023 to 2024, now at 0.09, indicating low leverage. ROE is impressive at 17% in 2024, showing effective use of equity. The equity ratio of 75.6% suggests financial stability and a strong equity base. The company has managed to significantly reduce its net debt position.

Cash Flow

Redox Limited has shown a strong cash flow position with a high free cash flow to net income ratio, indicating effective cash generation relative to earnings. However, operating cash flow has decreased slightly from 2023 to 2024, which requires monitoring. The company's free cash flow growth rate is positive, reflecting good cash management practices.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	1.19B	1.14B	1.26B	1.08B	796.34M	718.47M
Gross Profit	268.16M	265.93M	262.03M	243.79M	164.92M	149.92M
EBITDA	132.20M	139.68M	137.07M	138.31M	81.97M	60.72M
Net Income	90.88M	90.24M	80.73M	88.02M	47.58M	33.16M
Balance Sheet
Total Assets	736.47M	702.38M	579.86M	639.56M	428.72M	394.39M
Cash, Cash Equivalents and Short-Term Investments	139.75M	179.29M	35.03M	40.60M	23.24M	19.17M
Total Debt	56.69M	47.04M	217.86M	261.82M	154.28M	169.18M
Total Liabilities	198.12M	171.11M	344.90M	405.74M	246.60M	251.54M
Stockholders Equity	538.35M	531.27M	234.96M	233.82M	182.13M	142.85M
Cash Flow
Free Cash Flow	42.99M	112.06M	131.63M	-50.56M	29.88M	6.11M
Operating Cash Flow	47.59M	115.89M	134.74M	-48.98M	32.24M	8.25M
Investing Cash Flow	-19.22M	-125.25M	-2.81M	-1.22M	-2.09M	-2.14M
Financing Cash Flow	-65.48M	30.88M	-137.05M	67.75M	-25.48M	-10.11M

Redox Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.44
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:RDX, the sentiment is Positive. The current price of 2.44 is above the 20-day moving average (MA) of 2.32, above the 50-day MA of 2.22, and below the 200-day MA of 2.98, indicating a neutral trend. The MACD of 0.06 indicates Negative momentum. The RSI at 55.06 is Neutral, neither overbought nor oversold. The STOCH value of 48.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:RDX.

Redox Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RDX	75 Outperform	AU$1.28B	16.62	14.34%	5.12%	9.36%	-14.60%
ANO	62 Neutral	AU$69.54M	56.06	3.53%	―	24.88%	―
Sector *	61 Neutral	$10.26B	6.13	0.71%	2.87%	3.45%	-36.02%
HZR	54 Neutral	AU$91.62M	―	-55.86%	―	―	64.63%
VUL	―	AU$970.54M	―	-13.59%	―	―	―
A4N	49 Neutral	AU$1.10B	―	-13.97%	―	620.73%	-21.19%
ATC	48 Neutral	AU$66.09M	―	-52.53%	―	―	76.88%

Redox Limited Corporate Events

Redox Limited to Release Over 276 Million Shares from Escrow

Redox Limited announced the release of 276,563,815 fully paid ordinary shares from escrow, effective on 21 August 2025, in accordance with ASX Listing Rule 3.10A. This release marks a significant step for the company, potentially impacting its market positioning and providing increased liquidity for stakeholders, as these shares were initially restricted when Redox was admitted to the ASX Official List.

The most recent analyst rating on (AU:RDX) stock is a Buy with a A$4.50 price target. To see the full list of analyst forecasts on Redox Limited stock, see the AU:RDX Stock Forecast page.

Redox Limited to Announce FY25 Financial Results and Host Investor Call

Redox Limited announced that it will release its FY25 Financial Results and Investor Presentation on 21 August 2025. Following the release, the company will host an investor conference call and webcast, including a Q&A session, to discuss the results. This announcement highlights Redox’s commitment to transparency and engagement with its investors, potentially impacting its market positioning and stakeholder relations positively.

The most recent analyst rating on (AU:RDX) stock is a Buy with a A$4.50 price target. To see the full list of analyst forecasts on Redox Limited stock, see the AU:RDX Stock Forecast page.

Redox Limited Announces 2025 AGM Details and Director Nomination Deadline

Redox Limited announced that its 2025 Annual General Meeting (AGM) will be held on October 8, 2025, at Swissotel Sydney as a hybrid meeting, allowing both in-person and online participation. The deadline for director nominations is set for August 5, 2025. This meeting is crucial for stakeholders as it will outline the company’s strategic direction and governance, impacting its future operations and industry positioning.

The most recent analyst rating on (AU:RDX) stock is a Buy with a A$4.50 price target. To see the full list of analyst forecasts on Redox Limited stock, see the AU:RDX Stock Forecast page.

Redox Limited Addresses ASX Price Query Amid Market Fluctuations

Redox Limited, a company listed on the ASX, has responded to a price query from ASX Compliance regarding recent trading activity in its securities. The company stated it is not aware of any undisclosed information that could explain the trading fluctuations. Redox attributes the trading activity to external macro-economic factors, a revision of earnings forecasts by Morgan Stanley, and low liquidity in its securities. The company confirmed its compliance with ASX Listing Rules and that its responses have been authorized by its Board.

The most recent analyst rating on (AU:RDX) stock is a Buy with a A$3.08 price target. To see the full list of analyst forecasts on Redox Limited stock, see the AU:RDX Stock Forecast page.