REDOX Ltd (RDX) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of REDOX Ltd stock A$2.53, price A$3.33, that is 24.0% below the price, quality 61 out of 100. Rating: overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 5, 2026.
How to read this chart
40‑month range A$1.90 – A$4.20 · fair‑value band A$1.77 – A$3.61 · the A$3.33 price screens above the A$2.53 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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Redox Limited supplies and distributes chemicals, ingredients, and raw materials in Australia, New Zealand, the United States, and internationally.
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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, chemicals, emollients, emulsifiers, hair care, humectants, 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, colours, fertilisers and trace elements, herbicides, fungicides, pool chlorination and bromination, water softeners, water hardeners, PH adjusters, UV stabilisers, spa shock, 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, and activated carbon.
In addition, it offers glass and glass insulation, wood preservatives, gypsum, plasterboard and drywall, concrete and admixtures, insulation, and ceramic and brick, transformers, esters, polyalphaolefins, polybutene, amines, oil soluble dyes, fatty acids, petroleum sulphonate, modifiers, deactivators, tackifier, antifoam, grease.
The company serves detergents, plastics and foam, rubber, Mining, Oil and Gas, metals, textile and leather industries. Redox Limited was founded in 1965 and is headquartered in Minto, Australia.
Stock analysis
REDOX Ltd (RDX) currently trades at A$3.33, while our model-based Fair Value estimate is A$2.53, 24% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of A$3.18 per share, and 6 of the 26 models we run sit above the A$3.33 price.
Bear case: the Asset-Based group reads lowest at A$0.9300, and 20 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: A$1.77 (bear) to A$3.61 (bull), the price of A$3.33 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 61/100 (solid quality), in the Basic Materials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
REDOX Ltd reported revenue of A$1.3B in FY2026 versus A$1.1B in FY2022, a compound +5.3%/yr. Reported net income was A$91.9M in FY2026, compounding +1.1%/yr from FY2022.
Key figures
Market cap A$1.7B (≈ $1.2B) Small · P/E ratio 19.6 · P/S ratio 1.31 · EPS (TTM) A$0.1700 · Dividend yield 3.9% · Net margin 6.9% · Return on equity 16.6% · Return on assets (EBIT) 18.9% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 55 out of 100 (low confidence).
What moves the price
The share trades about 17% below its 52-week high and 32% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −24% fair-value upside, at −24%, RDX screens richer than that median.
Fair Value models
BearA$1.77Fair Value A$2.53BullA$3.61
Price A$3.33 · Downside -24.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 4 months old). Earnings retained since then (A$0.0145 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.83/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+6.9%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+1.9%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+10.8%
Start year 2021 (pandemic)
Revenue growth 7 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+9.5%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−57.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year−61.4%
Dividend (yield on the price)3.9%
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.9% → 12%
⚠ Revenue per share shrinking 62.3%/yr over ~5Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Growth Forecast
A lot of optimism in the price
The price assumes about as much growth as the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+12.2%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+7.8%
Yearly sales growth analysts expect, extended to five years.
After inflation (Australia: IMF forecast 3.0% a year to 2030, 2.9% from 2016 to 2025) that is about +9.0% a year for the price and +4.7% for the forecasts.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Chemicals · 337 stocks
Beats the industry median on 6/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score61 · Above median
Fair Value upside−24.0% · Below median
Profitability
Return on equity (12 months)16.6% · Top 25%
Return on assets12.1% · Top 25%
Net margin (12 months)6.9% · Above median
Operating margin (12 months)9.4% · Above median
Growth and dividend
Revenue growth (quarter YoY)7.3% · Below median
Dividend yield (12 months)3.9% · Top 25%
Valuation Multiplesvs Chemicals median · lower = cheaper
P/E (12 months)19.6× · Pricier than median
P/B3.11× · Priciest 25%
P/S (12 months)1.31× · Pricier than median
Price / free cash flow (fiscal year)20.7× · Pricier than median
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "REDOX Ltd Fair Value". https://www.fairvalue-calculator.com/stock/RDX
Frequently asked questions
Is REDOX Ltd (RDX) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of A$2.53 versus a price of A$3.33, about 24% lower (overvalued).
What is the fair value of RDX?
Our model-based fair value for REDOX Ltd is A$2.53 (as of Nov 5, 2026), built from audited fundamentals. The current price: A$3.33.
What is the quality score of RDX?
REDOX Ltd has a Quality Score of 61/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for REDOX Ltd (RDX)?
Our model-based price target is the fair value of A$2.53 (as of Nov 5, 2026) from 26 valuation models. Cautious scenario A$1.77, optimistic scenario A$3.61. It is a calculation from audited fundamentals, not an analyst target.
What is the REDOX Ltd stock forecast for 2026?
Our models put fair value at A$2.53, about 24% lower versus a price of A$3.33 (overvalued). Cautious scenario A$1.77, optimistic scenario A$3.61. The calculation is refreshed regularly with new filings.
What is the revenue of REDOX Ltd (RDX)?
REDOX Ltd reported trailing-twelve-month revenue of about A$1.3B (latest available figure, as of Nov 5, 2026).
Does REDOX Ltd pay a dividend?
REDOX Ltd currently shows a dividend yield of 3.90% relative to its recent price (as of Nov 5, 2026).
How much is the dividend of REDOX Ltd (RDX) and when is the ex-dividend date?
REDOX Ltd pays a dividend of A$0.13 per share a year, a dividend yield of 3.9%. The last ex-dividend date was Aug 25, 2026. The payout ratio is 76.5% of earnings. Free cash flow covers the dividend 1.24 times. Our assessment: Sustainable. Payout and cash coverage both look sustainable.
What growth is priced into REDOX Ltd (RDX)?
For today's price to be fair in a discounted-cash-flow model, REDOX Ltd would have to grow free cash flow by +12.2 % per year for five years (discount rate 11.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +10.8 % per year. As of Nov 5, 2026.
What discount rate (WACC) does the fair value of RDX use?
Our models discount REDOX Ltd at 11.0 %: a base by market capitalisation (small), country premium for Australia. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For REDOX Ltd that is +12.2 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.0 %) and the same formula as our fair value.
How much growth has REDOX Ltd (RDX) delivered so far?
Over the past 5 years revenue at REDOX Ltd grew +10.8 % a year. The price currently implies free-cash-flow growth of +12.2 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of REDOX Ltd (RDX) growing?
The median revenue growth in the sector is +9.8 % a year. That is the yardstick for the growth priced into REDOX Ltd (+12.2 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of REDOX Ltd (RDX)?
The free-cash-flow yield on the price is 4.83 %: that much free cash flow REDOX Ltd produces per unit of market value. When it exceeds the discount rate of our models (11.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of REDOX Ltd (RDX)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For REDOX Ltd it is A$2.53 per share (as of Nov 5, 2026), against a price of A$3.33. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is REDOX Ltd stock overvalued or undervalued in 2026?
As of Nov 5, 2026, RDX trades above its calculated fair value: price A$3.33, fair value A$2.53, a gap of about −24% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of RDX?
No. The price is what the market pays today (A$3.33); the fair value is what the company's own numbers justify (A$2.53). For REDOX Ltd the two are A$0.8000 per share apart. That gap is exactly why we show both numbers side by side.
How much is REDOX Ltd worth?
The market values REDOX Ltd at about A$1.7B (market capitalisation, as of Nov 5, 2026). Per share that is A$3.33; our models calculate a fair value of A$2.53 per share.
What do the bullish and bearish scenarios say about RDX?
Our models span a range for REDOX Ltd: cautious scenario A$1.77, base A$2.53, optimistic A$3.61 per share (as of Nov 5, 2026, price A$3.33). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of RDX?
REDOX Ltd trades at a price-to-earnings ratio of 19.6 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of A$2.53 is built from several models across several years. Other multiples: P/B 3.1, P/S 1.3, EV/EBITDA 13.7.
How solid is the balance sheet of REDOX Ltd (RDX)?
Balance-sheet figures for REDOX Ltd (as of Nov 5, 2026): return on equity 16.6%. They feed the Quality Score of 61/100, which measures business quality independently of the share price.
How far is RDX from its 52-week high?
REDOX Ltd trades at A$3.33, about 17% below its 52-week high of A$3.99 and 32% above the low of A$2.53 (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of A$2.53 is for.
Which stocks are comparable to REDOX Ltd?
From the same area (Basic Materials) we also value BASF SE, Saudi Basic Industries Corporation, Dow Inc, Ningxia Baofeng Energy Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is REDOX Ltd stock attractive at the current price?
The data as of Nov 5, 2026: price A$3.33, calculated fair value A$2.53 (−24%), Quality Score 61/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of RDX calculated?
We run REDOX Ltd through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of A$2.53 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. REDOX Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of REDOX Ltd (RDX)?
The closing price on Nov 9, 2026 was A$3.33. Our model-based fair value is A$2.53, about 24% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with REDOX Ltd right now?
Solid but not exceptional quality (61/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (A$1.77 to A$3.61) leaves room in how you read the outcome.
Key figures of REDOX Ltd
How large is the market capitalisation of REDOX Ltd (RDX)?
The market capitalisation of REDOX Ltd is A$1.7B (≈ $1.2B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of REDOX Ltd (RDX)?
The price-to-sales ratio of REDOX Ltd is 1.31 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of REDOX Ltd (RDX)?
Earnings per share at REDOX Ltd are A$0.1700 (price ÷ EPS = P/E 19.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of REDOX Ltd (RDX)?
The dividend yield of REDOX Ltd is 3.9% (payout 76.5%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of REDOX Ltd (RDX)?
The net margin of REDOX Ltd is 6.9% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of REDOX Ltd (RDX)?
The return on equity (ROE) of REDOX Ltd is 16.6% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of REDOX Ltd (RDX)?
On an EBIT basis the return on assets of REDOX Ltd is 18.9% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of REDOX Ltd (RDX)?
The operating margin of REDOX Ltd is 9.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at REDOX Ltd (RDX)?
Revenue at REDOX Ltd is growing +7.3% versus a year earlier (3y avg +1.9%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at REDOX Ltd (RDX)?
Earnings per share at REDOX Ltd are growing +30.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does REDOX Ltd (RDX) hold?
REDOX Ltd holds more cash than debt, A$7.0M net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
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Broad data
Nov 5, 2026