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Updated 1d ago
REDSTAREX logo

Red Star Express PlcNGSE:REDSTAREX Stock Report

Market Cap ₦12.9b
Updated 1d ago
Share Price
n/a
1Y22.7%
7D-12.9%
1D0%
Portfolio Value
​
View

Red Star Express Plc

NGSE:REDSTAREX Stock Report

Market Cap: ₦12.9b

  • Company Overview
  • Valuation
  • Future Growth
  • Past Performance
  • Financial Health
  • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Red Star Express (REDSTAREX) Stock Overview

Provides logistics solutions in Nigeria. More details

REDSTAREX fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends4/6

Rewards

Trading at 4.6% below our estimate of its fair value

Risk Analysis

Does not have a meaningful market cap (NGN13B)

Unstable dividend track record

Volatile share price over the past 3 months compared to the NG market


REDSTAREX Community Fair Values

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₦
Current Price
₦13.5050.8% overvalued intrinsic discount
%/yr
Decrease
Increase
PastFuture054b2016201920222025202620282031Revenue ₦54.3bEarnings ₦1.3b
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Red Star Express Plc Competitors

ABC Transport

Symbol: NGSE:ABCTRANS
Market cap: ₦11.4b

Ashapura Logistics

Symbol: NSEI:ASHALOG
Market cap: ₹820.1m

Patel Integrated Logistics

Symbol: BSE:526381
Market cap: ₹919.9m

Flomic Global Logistics

Symbol: BSE:504380
Market cap: ₹781.6m

Price History & Performance

Summary of share price highs, lows and changes for Red Star Express
Historical stock prices
Current Share Price₦13.50
52 Week High₦34.95
52 Week Low₦8.70
Beta1.11
1 Month Change-25.00%
3 Month Change-55.95%
1 Year Change22.73%
3 Year Change350.00%
5 Year Change335.48%
Change since IPO231.17%

Recent News & Updates

Recent updates

User avatar
New Narrative • Jun 27

Red Star Express Forecasts Positive Q2 Cash Flow Despite Capital Investments and Loan Repayments

Robust Operating Cash Flow:Cash receipts from customers are estimated at ₦4.29 billion, while payments to suppliers and employees are projected at ₦3.66 billion.After accounting for ₦195.15 million in

Shareholder Returns

REDSTAREXNG LogisticsNG Market
7D-12.9%2.5%-2.4%
1Y22.7%52.0%58.5%

Return vs Industry: REDSTAREX underperformed the NG Logistics industry which returned 52.7% over the past year.

Return vs Market: REDSTAREX underperformed the NG Market which returned 61.4% over the past year.

Price Volatility

Is REDSTAREX's price volatile compared to industry and market?
REDSTAREX volatility
REDSTAREX Average Weekly Movement8.9%
Logistics Industry Average Movement4.9%
Market Average Movement6.5%
10% most volatile stocks in NG Market10.0%
10% least volatile stocks in NG Market3.2%

Stable Share Price: REDSTAREX's share price has been volatile over the past 3 months compared to the NG market.

Volatility Over Time: REDSTAREX's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of NG stocks.

About the Company

FoundedEmployeesCEOWebsite
19921,697Auwalu Baburaredstarplc.com

Red Star Express Plc, together with its subsidiaries, provides logistics solutions in Nigeria. The company operates through four segments: Courier Service, Freight Services, Logistics, and Support Services. It offers international and domestic express delivery of documents and parcels; air and sea freight services, including dangerous goods handling, clearing and forwarding, general cargo agent services, dedicated or part aircraft charters, warehousing and distribution, and cargo handling and documentation; and information and document management solutions.

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₦12.88b
Earnings (TTM)₦599.73m
Revenue (TTM)₦24.65b
21.5x
P/E Ratio
0.5x
P/S Ratio

Is REDSTAREX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
REDSTAREX income statement (TTM)
Revenue₦24.65b
Cost of Revenue₦18.52b
Gross Profit₦6.13b
Other Expenses₦5.53b
Earnings₦599.73m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.63
Gross Margin24.87%
Net Profit Margin2.43%
Debt/Equity Ratio0%

How did REDSTAREX perform over the long term?

See historical performance and comparison

Dividends

3.3%
Current Dividend Yield
72%
Payout Ratio

Does REDSTAREX pay a reliable dividends?

See REDSTAREX dividend history and benchmarks
When do you need to buy REDSTAREX by to receive an upcoming dividend?
Red Star Express dividend dates
Ex Dividend DateSep 02 2026
Dividend Pay DateSep 18 2026
Days until Ex dividend8 days
Days until Dividend pay date8 days

Does REDSTAREX pay a reliable dividends?

See REDSTAREX dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/09 02:05
End of Day Share Price 2026/09/09 00:00
Earnings2026/06/30
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Red Star Express Plc is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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