BME:REDElectric Utilities
Redeia (BME:RED) Margin Slide Challenges Bullish Narratives Despite Forecasted Growth Outpacing Spanish Market
Redeia Corporación (BME:RED) is forecasting earnings growth of 5.23% per year and expects revenue to rise 4.8% annually, which is ahead of the broader Spanish market's 4.2% growth outlook. Despite these positive projections, the company's net profit margin has slipped from 33.6% to 30%, and reported earnings have decreased at a rate of 5.5% per year over the last five years. Although the stock is trading at a premium, with a Price-to-Earnings Ratio of 16.6x that surpasses both its peers...