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REX American Resources Corporation (REX)



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Upturn Advisory Summary
09/16/2025: REX (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type Stock | Historic Profit -21.32% | Avg. Invested days 46 | Today’s Advisory WEAK BUY |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Small-Cap Stock | Market Capitalization 812.08M USD | Price to earnings Ratio 15.27 | 1Y Target Price 50 |
Price to earnings Ratio 15.27 | 1Y Target Price 50 | ||
Volume (30-day avg) - | Beta 0.53 | 52 Weeks Range 33.45 - 52.00 | Updated Date 06/29/2025 |
52 Weeks Range 33.45 - 52.00 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 3.23 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 8.86% | Operating Margin (TTM) 5.3% |
Management Effectiveness
Return on Assets (TTM) 5.9% | Return on Equity (TTM) 11.48% |
Valuation
Trailing PE 15.27 | Forward PE - | Enterprise Value 522380437 | Price to Sales(TTM) 1.27 |
Enterprise Value 522380437 | Price to Sales(TTM) 1.27 | ||
Enterprise Value to Revenue 0.82 | Enterprise Value to EBITDA 6.13 | Shares Outstanding 16468900 | Shares Floating 14453565 |
Shares Outstanding 16468900 | Shares Floating 14453565 | ||
Percent Insiders 14.07 | Percent Institutions 88.52 |
Upturn AI SWOT
REX American Resources Corporation

Company Overview
History and Background
REX American Resources Corporation, founded in 1984, initially focused on retailing coal. It shifted its focus to ethanol production through acquisitions and organic growth and also invests in carbon capture and storage. Significant milestones include the acquisition of ethanol plants and expansion into carbon capture projects.
Core Business Areas
- Ethanol Production: Production and sale of ethanol fuel. Includes corn-based ethanol.
- By-Product Sales: Sale of distillers grains, a co-product of ethanol production, used as animal feed. Includes modified distillers grains and dried distillers grains with solubles (DDGS).
- Carbon Capture and Storage: Investment in carbon capture projects. Partners with companies to develop CCS facilities.
Leadership and Structure
Zafar Rizvi is the CEO. Organizational structure involves plant operations, sales and marketing, finance, and corporate development departments. Board of Directors provides oversight.
Top Products and Market Share
Key Offerings
- Ethanol: Ethanol produced from corn, used as a fuel additive and biofuel. REX's market share fluctuates based on production capacity and regional demand. Competitors include POET, Valero Energy (VLO), Green Plains (GPRE), and ADM (ADM). REX American Resources does not publicly share the exact revenue breakdown of this product.
- Distillers Grains: Animal feed co-product from ethanol production. Market share depends on livestock feed demand and ethanol production volumes. Competitors include other ethanol producers who sell DDGS. REX American Resources does not publicly share the exact revenue breakdown of this product.
Market Dynamics
Industry Overview
The ethanol industry is influenced by government regulations (Renewable Fuel Standard), corn prices, gasoline demand, and environmental concerns. The market fluctuates with agricultural output and energy policy shifts. Carbon capture is an emerging sector with growth driven by climate change mitigation efforts and government incentives.
Positioning
REX American Resources is a mid-sized ethanol producer with a focus on operational efficiency. Its competitive advantage lies in its strategic plant locations and investments in carbon capture technology. Its participation in CCS is positioning it to benefit from low-carbon fuel incentives.
Total Addressable Market (TAM)
The global ethanol market is expected to reach hundreds of billions of dollars. The carbon capture and storage market is expected to grow significantly in the coming years, potentially reaching tens of billions. REX American Resources is positioned to capture a portion of both markets.
Upturn SWOT Analysis
Strengths
- Efficient Ethanol Production
- Strategic Plant Locations
- Investments in Carbon Capture
- Strong Balance Sheet
- Experienced Management Team
Weaknesses
- Dependence on Corn Prices
- Vulnerability to Regulatory Changes
- Concentration in Ethanol Market
- Limited Geographic Diversification
Opportunities
- Expansion of Carbon Capture Projects
- Increased Demand for Low-Carbon Fuels
- Government Incentives for Ethanol Production
- Growth in Export Markets for Ethanol
- Potential Acquisitions of Smaller Ethanol Plants
Threats
- Fluctuations in Corn Prices
- Changes in Renewable Fuel Standards
- Competition from Other Ethanol Producers
- Decline in Gasoline Demand
- Technological Advancements in Alternative Fuels
Competitors and Market Share
Key Competitors
- VLO
- ADM
- GPRE
Competitive Landscape
REX American Resources faces competition from larger, more diversified companies like Valero and ADM. Its advantage lies in its focus on efficiency and its growing presence in carbon capture. These competitors are much bigger and are more diversified.
Growth Trajectory and Initiatives
Historical Growth: REX American Resources' growth has been driven by acquisitions, expansions, and efficiency improvements in its ethanol plants. Performance fluctuates due to industry cycles.
Future Projections: Future growth is expected to be driven by investments in carbon capture projects and potential increases in demand for low-carbon fuels. Analyst estimates vary based on market conditions and regulatory changes.
Recent Initiatives: Recent initiatives include partnerships for carbon capture and storage, efficiency improvements at ethanol plants, and evaluation of alternative feedstocks for ethanol production.
Summary
REX American Resources is a mid-sized ethanol producer navigating a volatile market. Its strength lies in efficient operations and investments in carbon capture. Dependence on corn prices and regulatory uncertainty pose risks. Carbon capture initiatives and the growing demand for low-carbon fuels offer growth opportunities, however, it's quite small compared to its major competitors.
Peer Comparison
Sources and Disclaimers
Data Sources:
- REX American Resources Corporation SEC Filings
- Industry Reports
- Analyst Estimates
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Market conditions can change rapidly, and investors should conduct their own due diligence.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About REX American Resources Corporation
Exchange NYSE | Headquaters Dayton, OH, United States | ||
IPO Launch date 1987-11-05 | CEO, President & Director Mr. Zafar A. Rizvi | ||
Sector Basic Materials | Industry Chemicals | Full time employees 122 | Website https://www.rexamerican.com |
Full time employees 122 | Website https://www.rexamerican.com |
REX American Resources Corporation, together with its subsidiaries, produces and sells ethanol in the United States. The company provides corn, distillers grains, ethanol, distillers corn oil, gasoline, and natural gas. It also offers dry distillers grains with soluble, which is used as a protein in animal feed. The company was formerly known as REX Stores Corporation and changed its name to REX American Resources Corporation in 2010. REX American Resources Corporation was founded in 1980 and is headquartered in Dayton, Ohio.

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