REN - Redes Energéticas Nacionais SGPS Past Earnings Performance

Past criteria checks 4/6

REN - Redes Energéticas Nacionais SGPS's earnings have been declining at an average annual rate of -0.4%, while the Integrated Utilities industry saw earnings growing at 8.1% annually. Revenues have been growing at an average rate of 4.2% per year. REN - Redes Energéticas Nacionais SGPS's return on equity is 8.5%, and it has net margins of 14.1%.

Key information

-0.4%

Earnings growth rate

0.4%

EPS growth rate

Integrated Utilities Industry Growth	12.9%
Revenue growth rate	4.2%
Return on equity	8.5%
Net Margin	14.1%
Last Earnings Update	30 Sep 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How REN - Redes Energéticas Nacionais SGPS makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BMV:RENE N Revenue, expenses and earnings (EUR Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 23	897	127	62
30 Jun 23	864	129	62
31 Mar 23	823	119	61
31 Dec 22	787	112	60
30 Sep 22	806	110	59
30 Jun 22	814	103	58
31 Mar 22	805	99	58
31 Dec 21	805	97	57
30 Sep 21	769	102	57
30 Jun 21	743	103	57
31 Mar 21	730	109	57
31 Dec 20	725	109	56
30 Sep 20	732	109	55
30 Jun 20	755	114	55
31 Mar 20	760	110	56
31 Dec 19	753	119	56
30 Sep 19	726	111	57
30 Jun 19	695	114	57
31 Mar 19	688	116	56
31 Dec 18	691	116	56
30 Sep 18	724	128	56
30 Jun 18	731	126	55
31 Mar 18	724	126	54
31 Dec 17	718	126	52
30 Sep 17	729	119	50
30 Jun 17	724	113	50
31 Mar 17	724	108	50
31 Dec 16	718	100	51
30 Sep 16	713	95	52
30 Jun 16	723	81	51
31 Mar 16	785	102	53
31 Dec 15	779	116	53
30 Sep 15	790	126	54
30 Jun 15	783	130	55
31 Mar 15	727	107	54
31 Dec 14	736	113	54
30 Sep 14	721	111	54
30 Jun 14	742	116	54
31 Mar 14	754	119	55
31 Dec 13	765	121	55
30 Sep 13	766	115	55
30 Jun 13	764	117	57
31 Mar 13	782	118	55

Quality Earnings: RENE N has high quality earnings.

Growing Profit Margin: RENE N's current net profit margins (14.1%) are higher than last year (13.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: RENE N's earnings have declined by 0.4% per year over the past 5 years.

Accelerating Growth: RENE N's earnings growth over the past year (14.8%) exceeds its 5-year average (-0.4% per year).

Earnings vs Industry: RENE N earnings growth over the past year (14.8%) exceeded the Integrated Utilities industry 10.5%.

Return on Equity

High ROE: RENE N's Return on Equity (8.5%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/02/13 11:21
End of Day Share Price	2023/11/16 00:00
Earnings	2023/09/30
Annual Earnings	2022/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

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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

REN - Redes Energéticas Nacionais, SGPS, S.A. is covered by 28 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Flora Mericia Trindade	Banco BPI, S.A.
Javier Esteban Lario	Banco de Sabadell. S.A.
Bosco Muguiro Eulate	Banco Santander