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REDSTAREX logo

Red Star Express NGSE:REDSTAREX Stock Report

Last Price

₦8.35

Market Cap

₦8.0b

7D

1.2%

1Y

114.1%

Updated

09 Jun, 2025

Data

Company Financials

Red Star Express Plc

NGSE:REDSTAREX Stock Report

Market Cap: ₦8.0b

Red Star Express (REDSTAREX) Stock Overview

Engages in the provision of courier, mailroom management, outsourcing, freight services, logistics, warehousing, and general haulage services in Nigeria. More details

REDSTAREX fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends3/6

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Red Star Express Plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for Red Star Express
Historical stock prices
Current Share Price₦8.35
52 Week High₦8.35
52 Week Low₦3.50
Beta0.25
1 Month Change50.45%
3 Month Change41.53%
1 Year Change114.10%
3 Year Change177.41%
5 Year Change137.00%
Change since IPO104.83%

Recent News & Updates

Recent updates

Shareholder Returns

REDSTAREXNG LogisticsNG Market
7D1.2%-1.4%1.6%
1Y114.1%7.7%13.5%

Return vs Industry: REDSTAREX exceeded the NG Logistics industry which returned 6.9% over the past year.

Return vs Market: REDSTAREX exceeded the NG Market which returned 14.4% over the past year.

Price Volatility

Is REDSTAREX's price volatile compared to industry and market?
REDSTAREX volatility
REDSTAREX Average Weekly Movement8.8%
Logistics Industry Average Movement6.1%
Market Average Movement7.1%
10% most volatile stocks in NG Market10.5%
10% least volatile stocks in NG Market3.0%

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

Volatility Over Time: REDSTAREX's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19921,927Auwalu 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 through Courier Service, Freight Services, Logistics, and Support Services. Its services include air and sea freight of heavyweight cargo, container handling, packing and removal of personal effects, clearing and forwarding, and door-to-door pickup and delivery; and agro trade services and last-mile delivery for pharmaceutical produce, as well as delivery of documents and parcels.

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₦7.97b
Earnings (TTM)₦631.39m
Revenue (TTM)₦21.68b
12.6x
P/E Ratio
0.4x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
REDSTAREX income statement (TTM)
Revenue₦21.68b
Cost of Revenue₦16.96b
Gross Profit₦4.72b
Other Expenses₦4.09b
Earnings₦631.39m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.66
Gross Margin21.76%
Net Profit Margin2.91%
Debt/Equity Ratio2.3%

How did REDSTAREX perform over the long term?

See historical performance and comparison

Dividends

3.2%
Current Dividend Yield
55%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/09 07:56
End of Day Share Price 2025/06/05 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

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
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 world class team 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 1 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.

AnalystInstitution
Oluwatosin OjoCardinalStone Partners Limited