Obermatt

Redox

ASX:RDX · AU0000284895
Trading Companies & DistributorsMedium

360

75
EV / EBIT37
Price / Owner Earnings17
Owner Earnings Yield45
Dividend Yield85
Price/Sales50
EV / Gross Profit22
Price/Book19
Return on Capital94
Cash Return on Capital94
Return on Equity78
EBIT Margin68
Gross Profitability77
Cash Conversion20
Accruals71
Owner Earnings Margin74
Sales growth46
Profit Growth59
Long-Term EPS Growth28
Owner Earnings Growth56
Reinvestment79
Price momentum99
Debt load70
Refinancing46
Debt Payback100
Liquidity81
Analyst ratings42
Opinion Changes50
Price Target Upside12
Market mood89
Value Creation16/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Redox generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryAustralia
IndustryTrading Companies & Distributors
SizeMedium
TypePublic Company
ExchangeASX
Founded1973
Employees299
Websiteredox.com
ISINAU0000284895
Last UpdateApr 2, 2026
Themes
NutraceuticalPackaging ServicesWater PurificationAnimal FeedChemicalConsultingProfessional Services

Description

Redox Limited is an Australian public company primarily engaged in the distribution of chemicals, ingredients, and raw materials across various sectors. Established as a player in chemical distribution, the company has positioned itself within the gl…

Analysis

Quality compounder

Redox Limited earns the quality_compounder label: good underlying economics priced fairly, with no obvious bargain or excess. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is expensive. The owner-earnings multiple stands at 25.9×; owner earnings: the cash an owner could take out each year.

Growth is moderate; the safety picture is sturdy. The company scores 16/20 on our value-creation score: strong value creator.

Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
93
2026

All-time high

93

Jun 2026

All-time low

73

Mar 2026

Average rank

83

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
50
Price/Earnings
42
Price/Book
19
Dividend Yield
85
Value (overall)
43

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →