NYSE: REX · Chemicals
REX American Resources (REX) fair value: undervalued or overvalued?
As of 26 Sep 2026, Faircurve's model values REX American Resources (REX) at $44.69 a share. The stock last closed at $43.37, which puts the model's fair value 3.0% above the price. On the model's bands that reads as Fairly valued.
Revalued . Price is the close of 2 Oct 2026. REX American Resources Corporation.
Faircurve Insights · 26 Sep 2026
REX American Resources Corporation manufactures and distributes ethanol across the United States.
On 26 Sep 2026, Faircurve's model found a fair value of $44.69 a share, the midpoint of 2,000 simulations. This was a move of +11.4% from the previous run on 19 Sep 2026 which gave $40.11. The model's calibrated range over 63 trading days was $37.49 to $54.49, built from the fair value and calibrated weekly against realised prices, and ranges built this way held the price 60% of the time at this horizon. The model graded the evidence as Medium.
The overall quality score for the business was 72 out of 100 against comparable companies. The model compared it with DuPont de Nemours, Inc. The stock moved -0.9% around its earnings report on 2 Sep 2026, -4.9% on 28 May 2026, +15.3% on 26 Mar 2026, +0.5% on 4 Dec 2025, +5.1% on 27 Aug 2025, +29.8% on 28 May 2025, +7.6% on 26 Mar 2025, and -4.1% on 3 Dec 2024.
Written from the figures on this page for the 26 Sep 2026 valuation and checked by rule before publishing: every number is one printed here, no forecast, no instruction. The price, the gap and the verdict are the page's own and change daily. Not a recommendation.
What price range does the model give REX?
The calibrated range for REX over 63 trading days is $37.49 to $54.49. There is no live options data for this stock, so the range is built from the fair value and calibrated weekly against realised prices (n = 4,327 past valuations, refreshed 26 Sep 2026). Ranges built this way held the price 60% of the time at this horizon.
The model's own simulated range, from the 20th to the 80th percentile of its runs, is $36.66 to $53.78. In 57% of the simulations the fair value came out above the price the model ran on.
How does REX score on business quality?
REX American Resources's overall quality score is 72 out of 100. Each factor below is a score against comparable companies, not a percentile of the metric beside it.
| Factor | Score (0 to 100) | Headline measure | Peer median |
|---|---|---|---|
| ProfitabilityReturn on invested capital against the peer group, with a bonus for an improving trend. | 91 | 14.6%ROIC | -4.2% |
| Earnings qualityHow much of reported profit is cash: free cash flow to net income, and the accrual ratio (the share of earnings that is not cash). | 46 | 0.57xFCF / net income | |
| Growth qualityTrailing revenue growth, forward growth from consensus, and the direction of analyst estimate revisions. | 70 | 1.2%Revenue growth, trailing | -8.1% |
| Capital disciplineReinvestment efficiency (capital spending per unit of revenue) and net buybacks. | 62 | 2.3%Net buybacks / market value | 0.0% |
| Balance sheetNet debt to EBITDA and interest coverage. | 90 | -0.48xNet debt / EBITDA | 10.42x |
| StabilityDownside volatility of the EBITDA margin over the last five years. | 57 | 2.6 ptsEBITDA margin downside volatility, 5y | 10.1 pts |
How does REX compare with similar companies?
The companies in chemicals closest to REX American Resources in market value, each on the same model and the same date.
| Company | Last close | Model fair value | Gap | Model verdict |
|---|---|---|---|---|
| OLN Olin Corporation | $15.90 | $13.69 | -13.9% | Low evidence grade |
| CE Celanese Corporation | $44.19 | $45.53 | +3.0% | Low evidence grade |
| DD DuPont de Nemours, Inc. | $129.98 | $138.57 | +6.6% | Fairly valued |
| DOW Dow Inc. | $27.97 | $26.87 | -3.9% | Low evidence grade |
When does REX report earnings, and how has the stock reacted?
REX American Resources's next earnings report is scheduled for 3 Dec 2026. Companies can move their dates.
How REX moved around its last 8 earnings reports
Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across these 8 reports, ignoring direction, was 5.0%.
| Report date | Two session move |
|---|---|
| 2 Sep 2026 | -0.9% |
| 28 May 2026 | -4.9% |
| 26 Mar 2026 | +15.3% |
| 4 Dec 2025 | +0.5% |
| 27 Aug 2025 | +5.1% |
| 28 May 2025 | +29.8% |
| 26 Mar 2025 | +7.6% |
| 3 Dec 2024 | -4.1% |
REX American Resources at a glance
REX American Resources Corporation, along with its various subsidiaries, manufactures and distributes ethanol across the United States.
- Market value
- $1.4B
- Sector
- Basic Materials
- Industry
- Chemicals
- Consensus revenue growth, next fiscal year
- +18.3%
- Analysts with estimates
- 1
- Beta to the US market
- 0.22
- First valued by Faircurve
- 11 Jul 2026
How the fair value is worked out: the model prices REX American Resources on the value of the whole business, debt included, against the revenue analysts expect next year (forward EV/Sales), runs 2,000 simulations across its inputs and takes the midpoint. The full method is documented here.
What changed in the latest valuation?
On 19 Sep 2026 the model's fair value for REX was $40.11. As of 26 Sep 2026 it is $44.69, a change of +11.4%. The model revalues every stock it covers each week, and again after an earnings report.
Questions about REX American Resources's valuation
Is REX American Resources stock undervalued or overvalued?
On Faircurve's model, REX reads as Fairly valued as of 26 Sep 2026. The model's fair value is $44.69 a share against a last close of $43.37, a gap of +3.0%.
What is REX's fair value?
$44.69 a share as of 26 Sep 2026, the midpoint of 2,000 simulations. The model's own 20th to 80th percentile range is $36.66 to $53.78.
What price range does the model give REX?
$37.49 to $54.49 over 63 trading days. Ranges built this way held the price 60% of the time across 4,327 past valuations, refreshed 26 Sep 2026.
When does REX American Resources report earnings next?
The next report is scheduled for 3 Dec 2026. Companies can move their dates.
How much has REX moved on past earnings reports?
Across its last 8 reports the median two session move was 5.0%, ignoring direction. The largest was +29.8% around the report of 28 May 2025.
How confident is the model in this valuation?
The model's evidence grade for REX is medium. The grade looks at how complete the inputs are, how many comparable companies there are and how closely they agree, and how wide the range of outcomes is. It is not a probability that the fair value is right, or that the price reaches it.