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Rede Energia Participações BOVESPA:REDE3 Stock Report

Last Price

R$6.29

Market Cap

R$13.5b

7D

-0.9%

1Y

-2.2%

Updated

18 Dec, 2024

Data

Company Financials

Rede Energia Participações S.A.

BOVESPA:REDE3 Stock Report

Market Cap: R$13.5b

REDE3 Stock Overview

Engages in the generation, distribution, and commercialization of electricity in Brazil. More details

REDE3 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends4/6

My Notes

Capture your thoughts, links and company narrative

Rede Energia Participações S.A. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Rede Energia Participações
Historical stock prices
Current Share PriceR$6.29
52 Week HighR$7.93
52 Week LowR$6.12
Beta0.039
1 Month Change-6.26%
3 Month Change-9.50%
1 Year Change-2.18%
3 Year Change-5.98%
5 Year Change-24.22%
Change since IPO98,181.25%

Recent News & Updates

Does Rede Energia Participações (BVMF:REDE3) Have A Healthy Balance Sheet?

Dec 02
Does Rede Energia Participações (BVMF:REDE3) Have A Healthy Balance Sheet?

Rede Energia Participações (BVMF:REDE3) Might Have The Makings Of A Multi-Bagger

Sep 04
Rede Energia Participações (BVMF:REDE3) Might Have The Makings Of A Multi-Bagger

Rede Energia Participações S.A.'s (BVMF:REDE3) Price In Tune With Earnings

Aug 08
Rede Energia Participações S.A.'s (BVMF:REDE3) Price In Tune With Earnings

Recent updates

Does Rede Energia Participações (BVMF:REDE3) Have A Healthy Balance Sheet?

Dec 02
Does Rede Energia Participações (BVMF:REDE3) Have A Healthy Balance Sheet?

Rede Energia Participações (BVMF:REDE3) Might Have The Makings Of A Multi-Bagger

Sep 04
Rede Energia Participações (BVMF:REDE3) Might Have The Makings Of A Multi-Bagger

Rede Energia Participações S.A.'s (BVMF:REDE3) Price In Tune With Earnings

Aug 08
Rede Energia Participações S.A.'s (BVMF:REDE3) Price In Tune With Earnings

Is Rede Energia Participações (BVMF:REDE3) Using Too Much Debt?

Jun 10
Is Rede Energia Participações (BVMF:REDE3) Using Too Much Debt?

Rede Energia Participações S.A.'s (BVMF:REDE3) P/E Still Appears To Be Reasonable

Apr 30
Rede Energia Participações S.A.'s (BVMF:REDE3) P/E Still Appears To Be Reasonable

The Trend Of High Returns At Rede Energia Participações (BVMF:REDE3) Has Us Very Interested

Feb 15
The Trend Of High Returns At Rede Energia Participações (BVMF:REDE3) Has Us Very Interested

Rede Energia Participações S.A. (BVMF:REDE3) Doing What It Can To Lift Shares

Jan 25
Rede Energia Participações S.A. (BVMF:REDE3) Doing What It Can To Lift Shares

Is Rede Energia Participações (BVMF:REDE3) Using Too Much Debt?

Jan 04
Is Rede Energia Participações (BVMF:REDE3) Using Too Much Debt?

Rede Energia Participações (BVMF:REDE3) Shareholders Will Want The ROCE Trajectory To Continue

Nov 11
Rede Energia Participações (BVMF:REDE3) Shareholders Will Want The ROCE Trajectory To Continue

Does Rede Energia Participações (BVMF:REDE3) Have A Healthy Balance Sheet?

Aug 14
Does Rede Energia Participações (BVMF:REDE3) Have A Healthy Balance Sheet?

Rede Energia Participações (BVMF:REDE3) Is Looking To Continue Growing Its Returns On Capital

Jul 18
Rede Energia Participações (BVMF:REDE3) Is Looking To Continue Growing Its Returns On Capital

Is Rede Energia Participações (BVMF:REDE3) A Risky Investment?

May 08
Is Rede Energia Participações (BVMF:REDE3) A Risky Investment?

Returns Are Gaining Momentum At Rede Energia Participações (BVMF:REDE3)

Apr 12
Returns Are Gaining Momentum At Rede Energia Participações (BVMF:REDE3)

Returns On Capital Are Showing Encouraging Signs At Rede Energia Participações (BVMF:REDE3)

Apr 07
Returns On Capital Are Showing Encouraging Signs At Rede Energia Participações (BVMF:REDE3)

Did You Participate In Any Of Rede Energia Participações' (BVMF:REDE3) Incredible 609% Return?

Mar 20
Did You Participate In Any Of Rede Energia Participações' (BVMF:REDE3) Incredible 609% Return?

Is Rede Energia Participações S.A.'s (BVMF:REDE3) ROE Of 18% Impressive?

Mar 02
Is Rede Energia Participações S.A.'s (BVMF:REDE3) ROE Of 18% Impressive?

Read This Before Buying Rede Energia Participações S.A. (BVMF:REDE3) For Its Dividend

Feb 08
Read This Before Buying Rede Energia Participações S.A. (BVMF:REDE3) For Its Dividend

These 4 Measures Indicate That Rede Energia Participações (BVMF:REDE3) Is Using Debt Extensively

Jan 19
These 4 Measures Indicate That Rede Energia Participações (BVMF:REDE3) Is Using Debt Extensively

Does Rede Energia Participações (BVMF:REDE3) Have The Makings Of A Multi-Bagger?

Dec 25
Does Rede Energia Participações (BVMF:REDE3) Have The Makings Of A Multi-Bagger?

Should You Use Rede Energia Participações's (BVMF:REDE3) Statutory Earnings To Analyse It?

Dec 10
Should You Use Rede Energia Participações's (BVMF:REDE3) Statutory Earnings To Analyse It?

Here's Why Rede Energia Participações (BVMF:REDE3) Has A Meaningful Debt Burden

Jul 06
Here's Why Rede Energia Participações (BVMF:REDE3) Has A Meaningful Debt Burden

Shareholder Returns

REDE3BR Electric UtilitiesBR Market
7D-0.9%-4.4%-7.2%
1Y-2.2%-11.5%-11.5%

Return vs Industry: REDE3 exceeded the BR Electric Utilities industry which returned -10% over the past year.

Return vs Market: REDE3 exceeded the BR Market which returned -9.2% over the past year.

Price Volatility

Is REDE3's price volatile compared to industry and market?
REDE3 volatility
REDE3 Average Weekly Movement2.0%
Electric Utilities Industry Average Movement3.6%
Market Average Movement5.0%
10% most volatile stocks in BR Market9.2%
10% least volatile stocks in BR Market2.7%

Stable Share Price: REDE3 has not had significant price volatility in the past 3 months compared to the BR market.

Volatility Over Time: REDE3's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19697,196Ricardo Perez Botelhowww.energisa.com.br

Rede Energia Participações S.A. engages in the generation, distribution, and commercialization of electricity in Brazil. The company is involved in the construction, operation, maintenance, and services related to generation and distribution of electric energy. It offers its electricity to residential, industrial, commercial, rural, government, and public sector customers.

Rede Energia Participações S.A. Fundamentals Summary

How do Rede Energia Participações's earnings and revenue compare to its market cap?
REDE3 fundamental statistics
Market capR$13.46b
Earnings (TTM)R$1.56b
Revenue (TTM)R$17.36b

8.5x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
REDE3 income statement (TTM)
RevenueR$17.36b
Cost of RevenueR$11.67b
Gross ProfitR$5.69b
Other ExpensesR$4.13b
EarningsR$1.56b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.74
Gross Margin32.78%
Net Profit Margin9.00%
Debt/Equity Ratio238.4%

How did REDE3 perform over the long term?

See historical performance and comparison

Dividends

11.9%

Current Dividend Yield

52%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 04:06
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Rede Energia Participações S.A. 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
Roy YackulicBofA Global Research