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Redeia Corporación BME:RED Stock Report

Last Price

€15.98

Market Cap

€8.6b

7D

1.4%

1Y

-0.4%

Updated

28 Mar, 2024

Data

Company Financials +

RED 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.

RED fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance3/6
Financial Health3/6
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€15.98
52 Week High€16.78
52 Week Low€14.36
Beta0.41
1 Month Change7.86%
3 Month Change7.18%
1 Year Change-0.44%
3 Year Change6.57%
5 Year Change-16.25%
Change since IPO739.95%

Recent News & Updates

Is There An Opportunity With Redeia Corporación, S.A.'s (BME:RED) 25% Undervaluation?

Feb 02
Is There An Opportunity With Redeia Corporación, S.A.'s (BME:RED) 25% Undervaluation?

Redeia Corporación's (BME:RED) Returns On Capital Not Reflecting Well On The Business

Jan 12
Redeia Corporación's (BME:RED) Returns On Capital Not Reflecting Well On The Business

Recent updates

Is There An Opportunity With Redeia Corporación, S.A.'s (BME:RED) 25% Undervaluation?

Feb 02
Is There An Opportunity With Redeia Corporación, S.A.'s (BME:RED) 25% Undervaluation?

Redeia Corporación's (BME:RED) Returns On Capital Not Reflecting Well On The Business

Jan 12
Redeia Corporación's (BME:RED) Returns On Capital Not Reflecting Well On The Business

Some Investors May Be Worried About Redeia Corporación's (BME:RED) Returns On Capital

Oct 10
Some Investors May Be Worried About Redeia Corporación's (BME:RED) Returns On Capital

A Look At The Intrinsic Value Of Redeia Corporación, S.A. (BME:RED)

Sep 24
A Look At The Intrinsic Value Of Redeia Corporación, S.A. (BME:RED)

Is Redeia Corporación (BME:RED) A Risky Investment?

Aug 16
Is Redeia Corporación (BME:RED) A Risky Investment?

Red Eléctrica Corporación (BME:RED) Is Reinvesting At Lower Rates Of Return

Jun 12
Red Eléctrica Corporación (BME:RED) Is Reinvesting At Lower Rates Of Return

Are Red Eléctrica Corporación, S.A. (BME:RED) Investors Paying Above The Intrinsic Value?

May 25
Are Red Eléctrica Corporación, S.A. (BME:RED) Investors Paying Above The Intrinsic Value?

Does Red Eléctrica Corporación (BME:RED) Have A Healthy Balance Sheet?

May 07
Does Red Eléctrica Corporación (BME:RED) Have A Healthy Balance Sheet?

Red Eléctrica Corporación's (BME:RED) Returns On Capital Not Reflecting Well On The Business

Mar 01
Red Eléctrica Corporación's (BME:RED) Returns On Capital Not Reflecting Well On The Business

Are Red Eléctrica Corporación, S.A. (BME:RED) Investors Paying Above The Intrinsic Value?

Feb 11
Are Red Eléctrica Corporación, S.A. (BME:RED) Investors Paying Above The Intrinsic Value?

We Think Red Eléctrica Corporación (BME:RED) Can Stay On Top Of Its Debt

Jan 23
We Think Red Eléctrica Corporación (BME:RED) Can Stay On Top Of Its Debt

There Are Reasons To Feel Uneasy About Red Eléctrica Corporación's (BME:RED) Returns On Capital

Oct 31
There Are Reasons To Feel Uneasy About Red Eléctrica Corporación's (BME:RED) Returns On Capital

Here's Why Red Eléctrica Corporación (BME:RED) Can Manage Its Debt Responsibly

Oct 16
Here's Why Red Eléctrica Corporación (BME:RED) Can Manage Its Debt Responsibly

Is Red Eléctrica Corporación, S.A. (BME:RED) Trading At A 31% Discount?

Sep 30
Is Red Eléctrica Corporación, S.A. (BME:RED) Trading At A 31% Discount?

We Think Red Eléctrica Corporación (BME:REE) Can Stay On Top Of Its Debt

Jun 02
We Think Red Eléctrica Corporación (BME:REE) Can Stay On Top Of Its Debt

Capital Allocation Trends At Red Eléctrica Corporación (BME:REE) Aren't Ideal

May 12
Capital Allocation Trends At Red Eléctrica Corporación (BME:REE) Aren't Ideal

Estimating The Intrinsic Value Of Red Eléctrica Corporación, S.A. (BME:REE)

Apr 24
Estimating The Intrinsic Value Of Red Eléctrica Corporación, S.A. (BME:REE)

These 4 Measures Indicate That Red Eléctrica Corporación (BME:REE) Is Using Debt Reasonably Well

Feb 21
These 4 Measures Indicate That Red Eléctrica Corporación (BME:REE) Is Using Debt Reasonably Well

Return Trends At Red Eléctrica Corporación (BME:REE) Aren't Appealing

Feb 04
Return Trends At Red Eléctrica Corporación (BME:REE) Aren't Appealing

Estimating The Intrinsic Value Of Red Eléctrica Corporación, S.A. (BME:REE)

Jan 17
Estimating The Intrinsic Value Of Red Eléctrica Corporación, S.A. (BME:REE)

These 4 Measures Indicate That Red Eléctrica Corporación (BME:REE) Is Using Debt Reasonably Well

Nov 08
These 4 Measures Indicate That Red Eléctrica Corporación (BME:REE) Is Using Debt Reasonably Well

Investors Met With Slowing Returns on Capital At Red Eléctrica Corporación (BME:REE)

Oct 22
Investors Met With Slowing Returns on Capital At Red Eléctrica Corporación (BME:REE)

Estimating The Intrinsic Value Of Red Eléctrica Corporación, S.A. (BME:REE)

Oct 05
Estimating The Intrinsic Value Of Red Eléctrica Corporación, S.A. (BME:REE)

Red Eléctrica Corporación (BME:REE) Seems To Use Debt Quite Sensibly

Jul 30
Red Eléctrica Corporación (BME:REE) Seems To Use Debt Quite Sensibly

Returns At Red Eléctrica Corporación (BME:REE) Appear To Be Weighed Down

Jul 13
Returns At Red Eléctrica Corporación (BME:REE) Appear To Be Weighed Down

Estimating The Intrinsic Value Of Red Eléctrica Corporación, S.A. (BME:REE)

Jun 24
Estimating The Intrinsic Value Of Red Eléctrica Corporación, S.A. (BME:REE)

Red Eléctrica Corporación (BME:REE) Takes On Some Risk With Its Use Of Debt

Apr 16
Red Eléctrica Corporación (BME:REE) Takes On Some Risk With Its Use Of Debt

Investors Could Be Concerned With Red Eléctrica Corporación's (BME:REE) Returns On Capital

Apr 02
Investors Could Be Concerned With Red Eléctrica Corporación's (BME:REE) Returns On Capital

Estimating The Intrinsic Value Of Red Eléctrica Corporación, S.A. (BME:REE)

Mar 19
Estimating The Intrinsic Value Of Red Eléctrica Corporación, S.A. (BME:REE)

Red Eléctrica Corporación's (BME:REE) Soft Earnings Are Actually Better Than They Appear

Mar 03
Red Eléctrica Corporación's (BME:REE) Soft Earnings Are Actually Better Than They Appear

Do Institutions Own Red Eléctrica Corporación, S.A. (BME:REE) Shares?

Mar 01
Do Institutions Own Red Eléctrica Corporación, S.A. (BME:REE) Shares?

Should Red Eléctrica Corporación, S.A. (BME:REE) Be Part Of Your Dividend Portfolio?

Feb 16
Should Red Eléctrica Corporación, S.A. (BME:REE) Be Part Of Your Dividend Portfolio?

Red Eléctrica Corporación's (BME:REE) Shareholders Are Down 13% On Their Shares

Feb 01
Red Eléctrica Corporación's (BME:REE) Shareholders Are Down 13% On Their Shares

We Think Red Eléctrica Corporación (BME:REE) Is Taking Some Risk With Its Debt

Jan 14
We Think Red Eléctrica Corporación (BME:REE) Is Taking Some Risk With Its Debt

Here's Why We're Wary Of Buying Red Eléctrica Corporación's (BME:REE) For Its Upcoming Dividend

Dec 30
Here's Why We're Wary Of Buying Red Eléctrica Corporación's (BME:REE) For Its Upcoming Dividend

Should We Be Delighted With Red Eléctrica Corporación, S.A.'s (BME:REE) ROE Of 20%?

Dec 16
Should We Be Delighted With Red Eléctrica Corporación, S.A.'s (BME:REE) ROE Of 20%?

Red Eléctrica Corporación, S.A.'s (BME:REE) Intrinsic Value Is Potentially 18% Below Its Share Price

Dec 01
Red Eléctrica Corporación, S.A.'s (BME:REE) Intrinsic Value Is Potentially 18% Below Its Share Price

Shareholder Returns

REDES Electric UtilitiesES Market
7D1.4%4.4%3.0%
1Y-0.4%-3.9%18.7%

Return vs Industry: RED exceeded the Spanish Electric Utilities industry which returned -3.9% over the past year.

Return vs Market: RED underperformed the Spanish Market which returned 18.7% over the past year.

Price Volatility

Is RED's price volatile compared to industry and market?
RED volatility
RED Average Weekly Movement2.5%
Electric Utilities Industry Average Movement3.5%
Market Average Movement3.2%
10% most volatile stocks in ES Market6.6%
10% least volatile stocks in ES Market0.7%

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

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

About the Company

FoundedEmployeesCEOWebsite
19852,445Roberto García Merinohttps://www.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?
RED fundamental statistics
Market cap€8.63b
Earnings (TTM)€689.64m
Revenue (TTM)€2.12b

12.5x

P/E Ratio

4.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RED income statement (TTM)
Revenue€2.12b
Cost of Revenue€45.79m
Gross Profit€2.08b
Other Expenses€1.39b
Earnings€689.64m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 30, 2024

Earnings per share (EPS)1.28
Gross Margin97.84%
Net Profit Margin32.49%
Debt/Equity Ratio103.8%

How did RED perform over the long term?

See historical performance and comparison

Dividends

6.3%

Current Dividend Yield

78%

Payout Ratio

Does RED pay a reliable dividends?

See RED dividend history and benchmarks
When do you need to buy RED by to receive an upcoming dividend?
Redeia Corporación dividend dates
Ex Dividend DateJun 27 2024
Dividend Pay DateJul 01 2024
Days until Ex dividend90 days
Days until Dividend pay date94 days

Does RED pay a reliable dividends?

See RED dividend history and benchmarks
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