Redeia Corporación, S.A.

BME:RED Stock Report

Market Cap: €8.9b

Redeia Corporación Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Roberto García Merino

Chief executive officer

€890.0k

Total compensation

CEO salary percentage54.0%
CEO tenure5.6yrs
CEO ownershipn/a
Management average tenureless than a year
Board average tenure4.4yrs

Recent management updates

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

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

CEO Compensation Analysis

How has Roberto García Merino's remuneration changed compared to Redeia Corporación's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

€563m

Jun 30 2024n/an/a

€605m

Mar 31 2024n/an/a

€642m

Dec 31 2023€890k€481k

€690m

Sep 30 2023n/an/a

€649m

Jun 30 2023n/an/a

€656m

Mar 31 2023n/an/a

€663m

Dec 31 2022€890k€481k

€665m

Sep 30 2022n/an/a

€681m

Jun 30 2022n/an/a

€685m

Mar 31 2022n/an/a

€682m

Dec 31 2021€890k€481k

€681m

Sep 30 2021n/an/a

€665m

Jun 30 2021n/an/a

€648m

Mar 31 2021n/an/a

€630m

Dec 31 2020€890k€481k

€621m

Sep 30 2020n/an/a

€693m

Jun 30 2020n/an/a

€684m

Mar 31 2020n/an/a

€700m

Dec 31 2019€951k€287k

€715m

Compensation vs Market: Roberto's total compensation ($USD924.77K) is about average for companies of similar size in the Spanish market ($USD1.18M).

Compensation vs Earnings: Roberto's compensation has been consistent with company performance over the past year.

CEO

Roberto García Merino

5.6yrs

Tenure

€890,000

Compensation

Mr. Roberto García Merino serves as Chief Executive Officer and Executive Director of Red Eléctrica Corporación, S.A. since May 27, 2019. Mr. Merino served as Executive Director of Telecommunications and I...

Leadership Team

NamePositionTenureCompensationOwnership
Roberto García Merino
CEO & Executive Director5.6yrs€890.00kno data
Irene Gómez Barrio
Head of Investor Relationsno datano datano data
Mónica Saceda
Director of Legal Servicesless than a yearno datano data
Tomas Dominguez Autran
Head of System Operationless than a yearno datano data
Luis Bodega
Head of Facilities’ Development & Supportless than a yearno datano data
Maria Soneira
Head of Transmission’s Technologyless than a yearno datano data
Ramon Goenechea
Head of Facilities’ Planning & Developmentless than a yearno datano data
Ricardo y del Pozo
Head of Power Measurement & Settlementsless than a yearno datano data
Eduardo García
Head of System Operation Servicesless than a yearno datano data
Juan Merino
Head of System Operation in Non-peninsular Territoriesless than a yearno datano data
Manuel Cormenzana
Head of Maintenance & Construction’s Facilitiesless than a yearno datano data
Miguel de la Torre Rodríguez
Head of System Developmentless than a yearno datano data

0.9yrs

Average Tenure

Experienced Management: RED's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Roberto García Merino
CEO & Executive Director5.6yrs€890.00kno data
Esther Maria Martinez
Proprietary Director2.6yrs€175.00kno data
Antonio Gomez Ciria
External Independent Director10.6yrs€190.00kno data
Mercedes Real Rodrigalvarez
Proprietary Director7.2yrs€175.00kno data
Socorro Fernández Larrea
External Independent Director10.6yrs€190.00kno data
José Ruiz Gómez
External Independent Director5.8yrs€175.00kno data
Beatriz Sierra
Independent Non-Executive Chairwoman4.8yrs€546.00kno data
Ricardo Herrera
Proprietary Director4yrs€175.00kno data
Marcos Vaquer Caballeria
External Independent Director3.5yrs€175.00kno data
Elisenda Malaret Garcia
External Independent Director3.5yrs€175.00kno data
Jose Abad Hernandez
External Independent Director3.5yrs€175.00kno data
Guadalupe de la Munoz
External Independent Directorless than a yearno datano data

4.4yrs

Average Tenure

66yo

Average Age

Experienced Board: RED's board of directors are considered experienced (4.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 07:24
End of Day Share Price 2024/12/24 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 47 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.