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Red Star Express PlcNGSE:REDSTAREX Stock Report

Market Cap ₦10.5b
Share Price
₦11.00
My Fair Value
₦2.44
350.8% overvalued intrinsic discount
1Y169.6%
7D0%
Portfolio Value
View

Red Star Express Plc

NGSE:REDSTAREX Stock Report

Market Cap: ₦10.5b

Red Star Express (REDSTAREX) Stock Overview

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

REDSTAREX fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends4/6

REDSTAREX Community Fair Values

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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₦11.00
52 Week High₦14.35
52 Week Low₦4.05
Beta0.11
1 Month Change0%
3 Month Change8.91%
1 Year Change169.61%
3 Year Change418.87%
5 Year Change247.65%
Change since IPO169.84%

Recent News & Updates

Recent updates

User avatar

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
7D0%-1.1%1.0%
1Y169.6%3.0%56.1%

Return vs Industry: REDSTAREX exceeded the NG Logistics industry which returned 3.1% over the past year.

Return vs Market: REDSTAREX exceeded the NG Market which returned 56.2% over the past year.

Price Volatility

Is REDSTAREX's price volatile compared to industry and market?
REDSTAREX volatility
REDSTAREX Average Weekly Movement8.7%
Logistics Industry Average Movement4.5%
Market Average Movement8.2%
10% most volatile stocks in NG Market13.2%
10% least volatile stocks in NG Market4.0%

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
19921,743Auwalu Baburawww.redstarplc.com

Red Star Express Plc, together with its subsidiaries, engages in the provision of courier, mail management, outsourcing, freight services, logistics, warehousing, and general haulage services in Nigeria. The company operates through Courier Service, Freight Services, Logistics, and Support Services. It provides courier services, including the delivery of documents and parcels; mail management services; haulage of domestic heavyweights, trucking, and cargo consolidation; air and sea transportation of heavyweight cargo, container handling, trucking, cargo consolidation, ancillary services; and warehousing services which include the storage of goods in storage facilities.

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₦10.50b
Earnings (TTM)₦649.00m
Revenue (TTM)₦22.38b
16.2x
P/E Ratio
0.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
REDSTAREX income statement (TTM)
Revenue₦22.38b
Cost of Revenue₦17.21b
Gross Profit₦5.16b
Other Expenses₦4.51b
Earnings₦649.00m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.68
Gross Margin23.07%
Net Profit Margin2.90%
Debt/Equity Ratio1.1%

How did REDSTAREX perform over the long term?

See historical performance and comparison

Dividends

3.2%
Current Dividend Yield
51%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/06 15:38
End of Day Share Price 2025/10/03 00:00
Earnings2025/06/30
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