Added to YB: 2025-03-24
Pitch date: 2025-03-21
RDX.AX [neutral]
Redox Limited
-0.32%
current return
Author Info
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Company Info
Redox Limited supplies and distributes chemicals, ingredients, and raw materials in Australia, New Zealand, the United States, and internationally.
Market Cap
AUD 1.1B
Pitch Price
AUD 2.76
Price Target
5.18 (+84%)
Dividend
N/A
EV/EBITDA
N/A
P/E
N/A
EV/Sales
N/A
Sector
Trading Companies and Distributors
Category
growth
$RDX.AX Redox Pty Ltd a potential compounder in a fragmented market.
RDX.AX (overview): Leading Aussie chem distributor, 3% mkt share in fragmented industry. Strong growth potential via M&A. FY24 rev -9%, H125 below expectations. 45% family-owned. PT $5.18 (86% upside). Risks: US expansion, high valuation. Neutral case: 17% upside to $3.26. Prefer less dividend focus, more M&A.
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