Yahoo Finance

Redox, a nimble player in the Australian market, has seen its debt to equity ratio plummet from 69.6% to 2.6% over five years, reflecting prudent financial management. Despite a dip in sales to A$1.14 billion from A$1.26 billion, net income rose to A$90.24 million from A$80.73 million, indicating robust profitability with high-quality earnings and sufficient interest coverage. Trading slightly below fair value and forecasting steady growth at 7.63%, Redox seems poised for continued stability and potential upside.

• Dive into the specifics of Redox here with our thorough health report.

• Learn about Redox's historical performance.

Supply Network

Simply Wall St Value Rating: ★★★★★★

Overview: Supply Network Limited operates in the aftermarket parts sector for the commercial vehicle industry across Australia and New Zealand, with a market capitalization of A$1.35 billion.

Operations: Supply Network Limited generates revenue primarily through the provision of aftermarket parts for the commercial vehicle market, amounting to A$302.72 million. The company's financial data highlights a gross profit margin trend worth noting.

Supply Network Limited, a small but promising player in the retail distribution sector, has shown significant growth with earnings increasing by 20.5% over the past year, outpacing its industry peers. The company's net debt to equity ratio is a satisfactory 3.6%, reflecting prudent financial management. Recent financials reveal sales of A$302.6 million and net income of A$33.03 million for the year ending June 2024, alongside a dividend increase to 33 cents per share, highlighting robust shareholder returns and confidence in future growth prospects at an anticipated rate of 14% annually.

• Unlock comprehensive insights into our analysis of Supply Network stock in this health report.

• Examine Supply Network's past performance report to understand how it has performed in the past.

Next Steps

• Click through to start exploring the rest of the 54 ASX Undiscovered Gems With Strong Fundamentals now.

• Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools.

• Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets.

Curious About Other Options?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.

• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.

• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include ASX:GNP ASX:RDX and ASX:SNL.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com