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Rede Energia Participações BOVESPA:REDE3 Stock Report

Last Price

R$6.88

Market Cap

R$14.5b

7D

-1.0%

1Y

28.4%

Updated

01 May, 2024

Data

Company Financials

Rede Energia Participações S.A.

BOVESPA:REDE3 Stock Report

Market Cap: R$14.5b

REDE3 Stock Overview

Rede Energia Participações S.A., through its subsidiaries, engages in the generation, distribution, and commercialization of electricity in Brazil.

REDE3 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health3/6
Dividends3/6

Rede Energia Participações S.A. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Rede Energia Participações
Historical stock prices
Current Share PriceR$6.88
52 Week HighR$9.00
52 Week LowR$5.22
Beta0.050
1 Month Change-1.15%
3 Month Change0.88%
1 Year Change28.36%
3 Year Change-15.69%
5 Year Change-1.71%
Change since IPO107,400.00%

Recent News & Updates

Recent updates

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-1.0%-1.5%0.5%
1Y28.4%12.4%16.7%

Return vs Industry: REDE3 exceeded the BR Electric Utilities industry which returned 12.4% over the past year.

Return vs Market: REDE3 exceeded the BR Market which returned 16.7% over the past year.

Price Volatility

Is REDE3's price volatile compared to industry and market?
REDE3 volatility
REDE3 Average Weekly Movement3.8%
Electric Utilities Industry Average Movement3.2%
Market Average Movement4.7%
10% most volatile stocks in BR Market8.6%
10% least volatile stocks in BR Market2.3%

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

Volatility Over Time: REDE3's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19696,366Ricardo Perez Botelhowww.energisa.com.br

Rede Energia Participações S.A., through its subsidiaries, engages in the generation, distribution, and commercialization of electricity in Brazil. The company is also 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$14.52b
Earnings (TTM)R$1.66b
Revenue (TTM)R$16.13b

8.8x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
REDE3 income statement (TTM)
RevenueR$16.13b
Cost of RevenueR$10.55b
Gross ProfitR$5.58b
Other ExpensesR$3.93b
EarningsR$1.66b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.79
Gross Margin34.61%
Net Profit Margin10.28%
Debt/Equity Ratio219.4%

How did REDE3 perform over the long term?

See historical performance and comparison

Dividends

10.9%

Current Dividend Yield

96%

Payout Ratio
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