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REDSTAREX logo

Red Star Express NGSE:REDSTAREX Stock Report

Last Price

₦3.38

Market Cap

₦3.2b

7D

0%

1Y

40.2%

Updated

05 May, 2024

Data

Company Financials

Red Star Express Plc

NGSE:REDSTAREX Stock Report

Market Cap: ₦3.2b

REDSTAREX Stock Overview

Red Star Express Plc, together with its subsidiaries, engages in the provision of courier, mailroom management, outsourcing, freight services, logistics, warehousing, and general haulage services in Nigeria.

REDSTAREX fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health5/6
Dividends3/6

Red Star Express Plc Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Red Star Express
Historical stock prices
Current Share Price₦3.38
52 Week High₦4.54
52 Week Low₦2.63
Beta0.23
1 Month Change0%
3 Month Change-6.11%
1 Year Change40.25%
3 Year Change11.98%
5 Year Change-36.68%
Change since IPO-17.09%

Recent News & Updates

Recent updates

Shareholder Returns

REDSTAREXNG LogisticsNG Market
7D0%-1.6%1.4%
1Y40.2%2.3%122.0%

Return vs Industry: REDSTAREX exceeded the NG Logistics industry which returned 2.3% over the past year.

Return vs Market: REDSTAREX underperformed the NG Market which returned 122% over the past year.

Price Volatility

Is REDSTAREX's price volatile compared to industry and market?
REDSTAREX volatility
REDSTAREX Average Weekly Movement5.3%
Logistics Industry Average Movement5.2%
Market Average Movement7.8%
10% most volatile stocks in NG Market11.3%
10% least volatile stocks in NG Market3.3%

Stable Share Price: REDSTAREX has not had significant price volatility in the past 3 months.

Volatility Over Time: REDSTAREX's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19921,934Auwalu Baburawww.redstarplc.com

Red Star Express Plc, together with its subsidiaries, engages in the provision of courier, mailroom management, outsourcing, freight services, logistics, warehousing, and general haulage services in Nigeria. The company operates in four segments: Courier Service, Freight Services, Logistics, and Support Services. Its services include air and sea freight of heavyweight cargo, container handling, packing, movement and removal of personal effects, clearing and forwarding, and door-to-door pickup and delivery; and agro trade services and last-mile delivery for agro produce, as well as delivery of documents and parcels, and acting as cargo sales agents for airlines.

Red Star Express Plc Fundamentals Summary

How do Red Star Express's earnings and revenue compare to its market cap?
REDSTAREX fundamental statistics
Market cap₦3.23b
Earnings (TTM)₦266.48m
Revenue (TTM)₦16.14b

12.1x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
REDSTAREX income statement (TTM)
Revenue₦16.14b
Cost of Revenue₦12.89b
Gross Profit₦3.25b
Other Expenses₦2.99b
Earnings₦266.48m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.28
Gross Margin20.16%
Net Profit Margin1.65%
Debt/Equity Ratio9.2%

How did REDSTAREX perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

58%

Payout Ratio
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