REDEIA CORP SA (RE21.DE) Stock Fundamental Analysis
FRA:RE21 - Deutsche Boerse Ag - ES0173093024 - Common Stock - Currency: EUR
RE21 gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 17 industry peers in the Electric Utilities industry. RE21 has a medium profitability rating, but doesn't score so well on its financial health evaluation. RE21 has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
RE21 had positive earnings in the past year.
RE21 had a positive operating cash flow in the past year.
Each year in the past 5 years RE21 has been profitable.
In the past 5 years RE21 always reported a positive cash flow from operatings.
1.2 Ratios
RE21 has a Return On Assets of 2.44%. This is comparable to the rest of the industry: RE21 outperforms 41.18% of its industry peers.
RE21 has a Return On Equity of 7.15%. This is in the lower half of the industry: RE21 underperforms 76.47% of its industry peers.
RE21 has a Return On Invested Capital of 4.57%. This is comparable to the rest of the industry: RE21 outperforms 41.18% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for RE21 is below the industry average of 8.47%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.44% | ||
| ROE | 7.15% | ||
| ROIC | 4.57% |
ROA(3y)3.9%
ROA(5y)4.28%
ROE(3y)11.26%
ROE(5y)14.12%
ROIC(3y)5.4%
ROIC(5y)6%
1.3 Margins
RE21 has a better Profit Margin (23.11%) than 94.12% of its industry peers.
RE21's Profit Margin has declined in the last couple of years.
RE21 has a Operating Margin of 44.44%. This is amongst the best in the industry. RE21 outperforms 94.12% of its industry peers.
In the last couple of years the Operating Margin of RE21 has declined.
Looking at the Gross Margin, with a value of 102.40%, RE21 belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Gross Margin of RE21 has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 44.44% | ||
| PM (TTM) | 23.11% | ||
| GM | 102.4% |
OM growth 3Y-3.37%
OM growth 5Y-3.68%
PM growth 3Y-12.8%
PM growth 5Y-8.28%
GM growth 3Y0.16%
GM growth 5Y0.22%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), RE21 is destroying value.
Compared to 1 year ago, RE21 has about the same amount of shares outstanding.
The number of shares outstanding for RE21 has been increased compared to 5 years ago.
Compared to 1 year ago, RE21 has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.32, we must say that RE21 is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of RE21 (1.32) is comparable to the rest of the industry.
A Debt/Equity ratio of 1.00 indicates that RE21 is somewhat dependend on debt financing.
RE21 has a better Debt to Equity ratio (1.00) than 70.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.32 |
ROIC/WACC0.84
WACC5.46%
2.3 Liquidity
A Current Ratio of 1.18 indicates that RE21 should not have too much problems paying its short term obligations.
RE21's Current ratio of 1.18 is amongst the best of the industry. RE21 outperforms 82.35% of its industry peers.
A Quick Ratio of 1.14 indicates that RE21 should not have too much problems paying its short term obligations.
RE21's Quick ratio of 1.14 is amongst the best of the industry. RE21 outperforms 82.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.18 | ||
| Quick Ratio | 1.14 |
3. Growth
3.1 Past
The earnings per share for RE21 have decreased strongly by -42.00% in the last year.
The earnings per share for RE21 have been decreasing by -14.24% on average. This is quite bad
RE21 shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -22.96%.
RE21 shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -4.50% yearly.
EPS 1Y (TTM)-42%
EPS 3Y-21.18%
EPS 5Y-14.24%
EPS Q2Q%23.81%
Revenue 1Y (TTM)-22.96%
Revenue growth 3Y-6.54%
Revenue growth 5Y-4.5%
Sales Q2Q%-11.24%
3.2 Future
Based on estimates for the next years, RE21 will show a quite strong growth in Earnings Per Share. The EPS will grow by 16.80% on average per year.
Based on estimates for the next years, RE21 will show a small growth in Revenue. The Revenue will grow by 2.60% on average per year.
EPS Next Y54.79%
EPS Next 2Y35.97%
EPS Next 3Y24.74%
EPS Next 5Y16.8%
Revenue Next Year-5.5%
Revenue Next 2Y1.78%
Revenue Next 3Y3.01%
Revenue Next 5Y2.6%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
RE21 is valuated quite expensively with a Price/Earnings ratio of 27.07.
Based on the Price/Earnings ratio, RE21 is valued a bit more expensive than the industry average as 76.47% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Earnings ratio of 26.17, RE21 is valued at the same level.
The Price/Forward Earnings ratio is 15.90, which indicates a correct valuation of RE21.
Based on the Price/Forward Earnings ratio, RE21 is valued a bit cheaper than the industry average as 70.59% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of RE21 to the average of the S&P500 Index (22.10), we can say RE21 is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.07 | ||
| Fwd PE | 15.9 |
4.2 Price Multiples
64.71% of the companies in the same industry are cheaper than RE21, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 13.05 |
4.3 Compensation for Growth
RE21's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as RE21's earnings are expected to grow with 24.74% in the coming years.
PEG (NY)0.49
PEG (5Y)N/A
EPS Next 2Y35.97%
EPS Next 3Y24.74%
5. Dividend
5.1 Amount
RE21 has a Yearly Dividend Yield of 3.47%.
RE21's Dividend Yield is comparable with the industry average which is at 4.27.
Compared to an average S&P500 Dividend Yield of 2.40, RE21 pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.47% |
5.2 History
The dividend of RE21 has a limited annual growth rate of 1.50%.
Dividend Growth(5Y)1.5%
Div Incr Years1
Div Non Decr Years2
5.3 Sustainability
RE21 pays out 155.39% of its income as dividend. This is not a sustainable payout ratio.
RE21's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP155.39%
EPS Next 2Y35.97%
EPS Next 3Y24.74%
FRA:RE21 (5/28/2025, 7:00:00 PM)
18.14
-0.4 (-2.16%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners32.54%
Inst Owner ChangeN/A
Ins Owners5%
Ins Owner ChangeN/A
Market Cap9.82B
Analysts73.91
Price Target19.49 (7.44%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.47% |
Yearly Dividend1.06
Dividend Growth(5Y)1.5%
DP155.39%
Div Incr Years1
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-76.82%
Min EPS beat(2)-147.36%
Max EPS beat(2)-6.28%
EPS beat(4)0
Avg EPS beat(4)-48.85%
Min EPS beat(4)-147.36%
Max EPS beat(4)-6.28%
EPS beat(8)2
Avg EPS beat(8)-22.4%
EPS beat(12)5
Avg EPS beat(12)-15.43%
EPS beat(16)8
Avg EPS beat(16)-11.7%
Revenue beat(2)0
Avg Revenue beat(2)-24.23%
Min Revenue beat(2)-45.83%
Max Revenue beat(2)-2.63%
Revenue beat(4)0
Avg Revenue beat(4)-14.78%
Min Revenue beat(4)-45.83%
Max Revenue beat(4)-2.63%
Revenue beat(8)1
Avg Revenue beat(8)-5.1%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)1.14%
PT rev (3m)2.41%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0.77%
Revenue NQ rev (1m)-8.5%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.41%
Revenue NY rev (3m)-7.91%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.07 | ||
| Fwd PE | 15.9 | ||
| P/S | 6.16 | ||
| P/FCF | N/A | ||
| P/OCF | 10.27 | ||
| P/B | 1.9 | ||
| P/tB | 2.11 | ||
| EV/EBITDA | 13.05 |
EPS(TTM)0.67
EY3.69%
EPS(NY)1.14
Fwd EY6.29%
FCF(TTM)-0.23
FCFYN/A
OCF(TTM)1.77
OCFY9.74%
SpS2.95
BVpS9.53
TBVpS8.62
PEG (NY)0.49
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.44% | ||
| ROE | 7.15% | ||
| ROCE | 5.86% | ||
| ROIC | 4.57% | ||
| ROICexc | 4.95% | ||
| ROICexgc | 5.18% | ||
| OM | 44.44% | ||
| PM (TTM) | 23.11% | ||
| GM | 102.4% | ||
| FCFM | N/A |
ROA(3y)3.9%
ROA(5y)4.28%
ROE(3y)11.26%
ROE(5y)14.12%
ROIC(3y)5.4%
ROIC(5y)6%
ROICexc(3y)5.94%
ROICexc(5y)6.62%
ROICexgc(3y)6.37%
ROICexgc(5y)7.12%
ROCE(3y)6.92%
ROCE(5y)7.7%
ROICexcg growth 3Y-15.65%
ROICexcg growth 5Y-10.59%
ROICexc growth 3Y-14.67%
ROICexc growth 5Y-10.02%
OM growth 3Y-3.37%
OM growth 5Y-3.68%
PM growth 3Y-12.8%
PM growth 5Y-8.28%
GM growth 3Y0.16%
GM growth 5Y0.22%
F-Score6
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.39 | ||
| Cap/Depr | 233.63% | ||
| Cap/Sales | 67.66% | ||
| Interest Coverage | 5.71 | ||
| Cash Conversion | 81.66% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.18 | ||
| Quick Ratio | 1.14 | ||
| Altman-Z | 1.32 |
F-Score6
WACC5.46%
ROIC/WACC0.84
Cap/Depr(3y)169.97%
Cap/Depr(5y)143.18%
Cap/Sales(3y)48.95%
Cap/Sales(5y)40.55%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-42%
EPS 3Y-21.18%
EPS 5Y-14.24%
EPS Q2Q%23.81%
EPS Next Y54.79%
EPS Next 2Y35.97%
EPS Next 3Y24.74%
EPS Next 5Y16.8%
Revenue 1Y (TTM)-22.96%
Revenue growth 3Y-6.54%
Revenue growth 5Y-4.5%
Sales Q2Q%-11.24%
Revenue Next Year-5.5%
Revenue Next 2Y1.78%
Revenue Next 3Y3.01%
Revenue Next 5Y2.6%
EBIT growth 1Y-23.31%
EBIT growth 3Y-9.69%
EBIT growth 5Y-8.02%
EBIT Next Year64.03%
EBIT Next 3Y25.42%
EBIT Next 5Y16.81%
FCF growth 1Y73.51%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y94.27%
OCF growth 3Y-15.88%
OCF growth 5Y-1.78%