REE Stock Overview
Red Eléctrica 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 Eléctrica Corporación Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||€19.53|
|52 Week High||€19.70|
|52 Week Low||€15.46|
|1 Month Change||5.23%|
|3 Month Change||16.15%|
|1 Year Change||20.23%|
|3 Year Change||-0.91%|
|5 Year Change||-0.89%|
|Change since IPO||926.28%|
Recent News & Updates
Capital Allocation Trends At Red Eléctrica Corporación (BME:REE) Aren't Ideal
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...
Estimating The Intrinsic Value Of Red Eléctrica Corporación, S.A. (BME:REE)
How far off is Red Eléctrica Corporación, S.A. ( BME:REE ) from its intrinsic value? Using the most recent financial...
|REE||ES Electric Utilities||ES Market|
Return vs Industry: REE exceeded the Spanish Electric Utilities industry which returned -1.1% over the past year.
Return vs Market: REE exceeded the Spanish Market which returned -9.1% over the past year.
|REE Average Weekly Movement||3.7%|
|Electric Utilities Industry Average Movement||4.7%|
|Market Average Movement||4.5%|
|10% most volatile stocks in ES Market||8.3%|
|10% least volatile stocks in ES Market||1.1%|
Stable Share Price: REE is not significantly more volatile than the rest of Spanish stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: REE's weekly volatility (4%) has been stable over the past year.
About the Company
|1985||2,143||Roberto García Merino||https://www.ree.es|
Red Eléctrica 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. Its transmission network comprises approximately 44,687 kilometers; and has 93,871 MVA of transformation capacity. The company also provides advisory, engineering, and construction services; telecommunications infrastructure services to telecommunications operators comprising leasing of dark fiber; and line and sub-station maintenance services.
Red Eléctrica Corporación Fundamentals Summary
|REE fundamental statistics|
Is REE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|REE income statement (TTM)|
|Cost of Revenue||€17.53m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||1.26|
|Net Profit Margin||33.60%|
How did REE perform over the long term?See historical performance and comparison
5.1%Current Dividend Yield
Does REE pay a reliable dividends?See REE dividend history and benchmarks
|Red Eléctrica Corporación dividend dates|
|Ex Dividend Date||Jun 29 2022|
|Dividend Pay Date||Jul 01 2022|
|Days until Ex dividend||37 days|
|Days until Dividend pay date||39 days|
Does REE pay a reliable dividends?See REE dividend history and benchmarks
Is Red Eléctrica Corporación undervalued compared to its fair value and its price relative to the market?
Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: REE (€19.53) is trading above our estimate of fair value (€19.45)
Significantly Below Fair Value: REE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: REE is poor value based on its PE Ratio (15.4x) compared to the European Electric Utilities industry average (10.6x).
PE vs Market: REE is good value based on its PE Ratio (15.4x) compared to the Spanish market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: REE's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: REE's PB Ratio (2.7x) is in line with the ES Electric Utilities industry average.
How is Red Eléctrica Corporación forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: REE's earnings are forecast to decline over the next 3 years (-8.9% per year).
Earnings vs Market: REE's earnings are forecast to decline over the next 3 years (-8.9% per year).
High Growth Earnings: REE's earnings are forecast to decline over the next 3 years.
Revenue vs Market: REE's revenue is expected to decline over the next 3 years (-2.6% per year).
High Growth Revenue: REE's revenue is forecast to decline over the next 3 years (-2.6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: REE's Return on Equity is forecast to be low in 3 years time (11.7%).
How has Red Eléctrica Corporación performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: REE has high quality earnings.
Growing Profit Margin: REE's current net profit margins (33.6%) are higher than last year (31.1%).
Past Earnings Growth Analysis
Earnings Trend: REE's earnings have declined by 0.2% per year over the past 5 years.
Accelerating Growth: REE's earnings growth over the past year (8.2%) exceeds its 5-year average (-0.2% per year).
Earnings vs Industry: REE earnings growth over the past year (8.2%) underperformed the Electric Utilities industry 10.4%.
Return on Equity
High ROE: REE's Return on Equity (17.4%) is considered low.
How is Red Eléctrica Corporación's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: REE's short term assets (€2.0B) exceed its short term liabilities (€1.9B).
Long Term Liabilities: REE's short term assets (€2.0B) do not cover its long term liabilities (€7.4B).
Debt to Equity History and Analysis
Debt Level: REE's net debt to equity ratio (144.3%) is considered high.
Reducing Debt: REE's debt to equity ratio has reduced from 189.5% to 159.9% over the past 5 years.
Debt Coverage: REE's debt is well covered by operating cash flow (22.3%).
Interest Coverage: REE's interest payments on its debt are well covered by EBIT (9.2x coverage).
What is Red Eléctrica Corporación current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Future Dividend Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: REE's dividend (5.12%) is higher than the bottom 25% of dividend payers in the Spanish market (1.81%).
High Dividend: REE's dividend (5.12%) is low compared to the top 25% of dividend payers in the Spanish market (5.45%).
Stability and Growth of Payments
Stable Dividend: REE's dividends per share have been stable in the past 10 years.
Growing Dividend: REE's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (79.1%), REE's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (63.3%), REE's dividend payments are covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Roberto García Merino
Mr. Roberto García Merino has been 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 In...
CEO Compensation Analysis
Compensation vs Market: Roberto's total compensation ($USD938.92K) is below average for companies of similar size in the Spanish market ($USD2.61M).
Compensation vs Earnings: Roberto's compensation has been consistent with company performance over the past year.
Experienced Management: REE's management team is considered experienced (2.8 years average tenure).
Experienced Board: REE's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Red Eléctrica Corporación, S.A.'s employee growth, exchange listings and data sources
- Name: Red Eléctrica Corporación, S.A.
- Ticker: REE
- Exchange: BME
- Founded: 1985
- Industry: Electric Utilities
- Sector: Utilities
- Implied Market Cap: €10.529b
- Shares outstanding: 539.28m
- Website: https://www.ree.es
Number of Employees
- Red Eléctrica Corporación, S.A.
- Paseo del Conde de los Gaitanes, 177
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/22 00:00|
|End of Day Share Price||2022/05/21 00:00|
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.