company background image
RE21 logo

Redeia Corporación DB:RE21 Stock Report

Last Price

€15.85

Market Cap

€8.6b

7D

1.3%

1Y

-2.8%

Updated

03 May, 2024

Data

Company Financials +

RE21 Stock Overview

Redeia Corporación, S.A. engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally.

RE21 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance1/6
Financial Health5/6
Dividends5/6

Redeia Corporación, S.A. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Redeia Corporación
Historical stock prices
Current Share Price€15.85
52 Week High€16.66
52 Week Low€14.32
Beta0.43
1 Month Change1.80%
3 Month Change4.31%
1 Year Change-2.79%
3 Year Change0.41%
5 Year Change-14.30%
Change since IPO956.67%

Recent News & Updates

Recent updates

Shareholder Returns

RE21DE Electric UtilitiesDE Market
7D1.3%1.9%-1.0%
1Y-2.8%-10.8%2.0%

Return vs Industry: RE21 exceeded the German Electric Utilities industry which returned -10.7% over the past year.

Return vs Market: RE21 underperformed the German Market which returned 2.5% over the past year.

Price Volatility

Is RE21's price volatile compared to industry and market?
RE21 volatility
RE21 Average Weekly Movement3.0%
Electric Utilities Industry Average Movement3.6%
Market Average Movement4.9%
10% most volatile stocks in DE Market10.3%
10% least volatile stocks in DE Market2.4%

Stable Share Price: RE21 has not had significant price volatility in the past 3 months.

Volatility Over Time: RE21's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19852,445Roberto García Merinowww.ree.es

Redeia Corporación, S.A. engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally. The company operates through three segments: Management and Operation of National Electricity Infrastructure; Management and Operation of International Electricity Infrastructure; and Telecommunications (Satellites and Fibre Optic). Its transmission network comprises approximately 45,141 kilometres; and has 94,981 MVA of transformation capacity.

Redeia Corporación, S.A. Fundamentals Summary

How do Redeia Corporación's earnings and revenue compare to its market cap?
RE21 fundamental statistics
Market cap€8.59b
Earnings (TTM)€641.54m
Revenue (TTM)€2.06b

13.4x

P/E Ratio

4.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RE21 income statement (TTM)
Revenue€2.06b
Cost of Revenue€52.49m
Gross Profit€2.01b
Other Expenses€1.37b
Earnings€641.54m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Jul 31, 2024

Earnings per share (EPS)1.19
Gross Margin97.46%
Net Profit Margin31.10%
Debt/Equity Ratio0%

How did RE21 perform over the long term?

See historical performance and comparison

Dividends

6.3%

Current Dividend Yield

78%

Payout Ratio

Does RE21 pay a reliable dividends?

See RE21 dividend history and benchmarks
When do you need to buy RE21 by to receive an upcoming dividend?
Redeia Corporación dividend dates
Ex Dividend DateJun 27 2024
Dividend Pay DateJul 01 2024
Days until Ex dividend53 days
Days until Dividend pay date57 days

Does RE21 pay a reliable dividends?

See RE21 dividend history and benchmarks
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.