Redox Limited
RDX.AXBasic MaterialsASXChemicals · Last scanned May 30, 2026
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Daily timeframeHeadquartered within the basic materials sector, Redox Limited focuses on Chemicals services and products. Redox Limited supplies and distributes chemicals, ingredients, and raw materials in Australia, New Zealand, the United States, and internationally. With a market capitalization of $1.71B, it sits in small-cap territory. 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.
Market Cap
$1.71B
Beta
-0.37
P/E (TTM)
21.67
P/E (Fwd)
17.80
EPS (TTM)
$0.15
EPS (Fwd)
$0.18
ROE
14.8%
ROA
10.0%
Cash
$145.6M
Total Debt
$45.8M
Free CF
$92.4M
52W Change
17.3%
Annual Financials
Cash vs Debt
The balance sheet looks solid with $145.6M in cash comfortably exceeding the $45.8M debt load. A net cash position generally provides financial flexibility during uncertain economic periods. Annual free cash flow of $92.4M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. ROE of 14.8% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 10.0% suggests reasonable efficiency in deploying the company's asset base. Revenue has been uneven over recent years, ranging from $1.08B to $1.24B.
The relatively low beta of -0.37 suggests RDX.AX is a less volatile holding compared to the broader index. The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing RDX.AX.