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Redeia Corporación BME:RED Stock Report

Last Price

€16.38

Market Cap

€8.8b

7D

-1.4%

1Y

9.6%

Updated

19 Dec, 2024

Data

Company Financials +

RED Stock Overview

Engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally. More details

RED fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance1/6
Financial Health3/6
Dividends5/6

My Notes

Capture your thoughts, links and company narrative

Redeia Corporación, S.A. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Redeia Corporación
Historical stock prices
Current Share Price€16.38
52 Week High€17.70
52 Week Low€14.36
Beta0.50
1 Month Change-2.27%
3 Month Change-3.13%
1 Year Change9.60%
3 Year Change-12.36%
5 Year Change-9.00%
Change since IPO760.97%

Recent News & Updates

Recent updates

The Redeia Corporación, S.A. (BME:RED) Third-Quarter Results Are Out And Analysts Have Published New Forecasts

Nov 02
The Redeia Corporación, S.A. (BME:RED) Third-Quarter Results Are Out And Analysts Have Published New Forecasts

Redeia Corporación, S.A. (BME:RED) Looks Inexpensive But Perhaps Not Attractive Enough

Nov 01
Redeia Corporación, S.A. (BME:RED) Looks Inexpensive But Perhaps Not Attractive Enough

We Think Redeia Corporación (BME:RED) Is Taking Some Risk With Its Debt

Oct 14
We Think Redeia Corporación (BME:RED) Is Taking Some Risk With Its Debt

Redeia Corporación, S.A.'s (BME:RED) Intrinsic Value Is Potentially 37% Above Its Share Price

Sep 26
Redeia Corporación, S.A.'s (BME:RED) Intrinsic Value Is Potentially 37% Above Its Share Price

Redeia Corporación, S.A. (BME:RED) Just Released Its Interim Results And Analysts Are Updating Their Estimates

Aug 03
Redeia Corporación, S.A. (BME:RED) Just Released Its Interim Results And Analysts Are Updating Their Estimates

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

Jun 19
Is Redeia Corporación (BME:RED) A Risky Investment?

Shareholders Will Probably Not Have Any Issues With Redeia Corporación, S.A.'s (BME:RED) CEO Compensation

May 28
Shareholders Will Probably Not Have Any Issues With Redeia Corporación, S.A.'s (BME:RED) CEO Compensation

Redeia Corporación, S.A. (BME:RED) Just Released Its First-Quarter Results And Analysts Are Updating Their Estimates

May 03
Redeia Corporación, S.A. (BME:RED) Just Released Its First-Quarter Results And Analysts Are Updating Their Estimates

Redeia Corporación, S.A.'s (BME:RED) Earnings Are Not Doing Enough For Some Investors

Apr 06
Redeia Corporación, S.A.'s (BME:RED) Earnings Are Not Doing Enough For Some Investors

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

Shareholder Returns

REDES Electric UtilitiesES Market
7D-1.4%-1.7%-1.2%
1Y9.6%-3.7%12.3%

Return vs Industry: RED exceeded the Spanish Electric Utilities industry which returned -3.7% over the past year.

Return vs Market: RED underperformed the Spanish Market which returned 12.3% 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 Market6.0%
10% least volatile stocks in ES Market0.7%

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

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

About the Company

FoundedEmployeesCEOWebsite
19852,482Roberto 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?
RED fundamental statistics
Market cap€8.84b
Earnings (TTM)€563.14m
Revenue (TTM)€1.94b

15.7x

P/E Ratio

4.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RED income statement (TTM)
Revenue€1.94b
Cost of Revenue€55.69m
Gross Profit€1.89b
Other Expenses€1.32b
Earnings€563.14m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.04
Gross Margin97.13%
Net Profit Margin28.99%
Debt/Equity Ratio122.8%

How did RED perform over the long term?

See historical performance and comparison

Dividends

5.7%

Current Dividend Yield

83%

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 DateJan 03 2025
Dividend Pay DateJan 07 2025
Days until Ex dividend14 days
Days until Dividend pay date18 days

Does RED pay a reliable dividends?

See RED dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 02:09
End of Day Share Price 2024/12/19 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

Redeia Corporación, S.A. is covered by 48 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Flora Mericia TrindadeBanco BPI, S.A.
Alejandro Miranda FournierBanco de Madrid S.A.U.
null nullBanco de Sabadell. S.A.