REDEIA CORP SA (RE21.DE) Stock Fundamental Analysis
FRA:RE21 - ES0173093024 - Common Stock
16.61 EUR
+0.01 (+0.06%)
We assign a fundamental rating of 4 out of 10 to RE21. RE21 was compared to 16 industry peers in the Electric Utilities industry. While RE21 is still in line with the averages on profitability rating, there are concerns on its financial health. RE21 has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year RE21 was profitable.
In the past year RE21 had a positive cash flow from operations.
In the past 5 years RE21 has always 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 2.40%. This is in the lower half of the industry: RE21 underperforms 62.50% of its industry peers.
RE21 has a worse Return On Equity (7.22%) than 68.75% of its industry peers.
RE21's Return On Invested Capital of 4.68% is on the low side compared to the rest of the industry. RE21 is outperformed by 62.50% of its industry peers.
The Average Return On Invested Capital over the past 3 years for RE21 is below the industry average of 8.55%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.4% | ||
| ROE | 7.22% | ||
| ROIC | 4.68% |
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 (24.65%) than 93.75% of its industry peers.
RE21's Profit Margin has declined in the last couple of years.
The Operating Margin of RE21 (47.96%) is better than 100.00% of its industry peers.
RE21's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 103.82%, 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 | 47.96% | ||
| PM (TTM) | 24.65% | ||
| GM | 103.82% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so RE21 is still creating some value.
Compared to 1 year ago, RE21 has about the same amount of shares outstanding.
Compared to 5 years ago, RE21 has more shares outstanding
Compared to 1 year ago, RE21 has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.19, we must say that RE21 is in the distress zone and has some risk of bankruptcy.
RE21's Altman-Z score of 1.19 is on the low side compared to the rest of the industry. RE21 is outperformed by 68.75% of its industry peers.
The Debt to FCF ratio of RE21 is 7.46, which is on the high side as it means it would take RE21, 7.46 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 7.46, RE21 is in the better half of the industry, outperforming 68.75% of the companies in the same industry.
RE21 has a Debt/Equity ratio of 0.93. This is a neutral value indicating RE21 is somewhat dependend on debt financing.
RE21 has a better Debt to Equity ratio (0.93) than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | 7.46 | ||
| Altman-Z | 1.19 |
ROIC/WACC0.88
WACC5.33%
2.3 Liquidity
RE21 has a Current Ratio of 1.03. This is a normal value and indicates that RE21 is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Current ratio value of 1.03, RE21 is doing good in the industry, outperforming 62.50% of the companies in the same industry.
A Quick Ratio of 0.99 indicates that RE21 may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.99, RE21 is in the better half of the industry, outperforming 62.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.99 |
3. Growth
3.1 Past
RE21 shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -51.42%.
RE21 shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -14.24% yearly.
Looking at the last year, RE21 shows a very negative growth in Revenue. The Revenue has decreased by -23.15% in the last year.
The Revenue has been decreasing by -4.50% on average over the past years.
EPS 1Y (TTM)-51.42%
EPS 3Y-21.18%
EPS 5Y-14.24%
EPS Q2Q%-4.33%
Revenue 1Y (TTM)-23.15%
Revenue growth 3Y-6.54%
Revenue growth 5Y-4.5%
Sales Q2Q%-10.48%
3.2 Future
The Earnings Per Share is expected to grow by 16.77% on average over the next years. This is quite good.
Based on estimates for the next years, RE21 will show a small growth in Revenue. The Revenue will grow by 3.79% on average per year.
EPS Next Y53.19%
EPS Next 2Y31.98%
EPS Next 3Y22.59%
EPS Next 5Y16.77%
Revenue Next Year-6.92%
Revenue Next 2Y0.62%
Revenue Next 3Y2.39%
Revenue Next 5Y3.79%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
RE21 is valuated quite expensively with a Price/Earnings ratio of 26.79.
Based on the Price/Earnings ratio, RE21 is valued a bit more expensive than the industry average as 75.00% of the companies are valued more cheaply.
RE21's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.08.
RE21 is valuated correctly with a Price/Forward Earnings ratio of 15.45.
RE21's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. RE21 is cheaper than 68.75% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of RE21 to the average of the S&P500 Index (22.72), we can say RE21 is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.79 | ||
| Fwd PE | 15.45 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, RE21 is valued a bit more expensive than the industry average as 62.50% of the companies are valued more cheaply.
Based on the Price/Free Cash Flow ratio, RE21 is valued a bit cheaper than 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.83 | ||
| EV/EBITDA | 12.3 |
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.
RE21's earnings are expected to grow with 22.59% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.5
PEG (5Y)N/A
EPS Next 2Y31.98%
EPS Next 3Y22.59%
5. Dividend
5.1 Amount
RE21 has a Yearly Dividend Yield of 3.89%.
RE21's Dividend Yield is comparable with the industry average which is at 4.32.
Compared to an average S&P500 Dividend Yield of 2.35, RE21 pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.89% |
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 Years3
5.3 Sustainability
144.14% of the earnings are spent on dividend by RE21. This is not a sustainable payout ratio.
The dividend of RE21 is growing, but earnings are growing more, so the dividend growth is sustainable.
DP144.14%
EPS Next 2Y31.98%
EPS Next 3Y22.59%
FRA:RE21 (8/29/2025, 7:00:00 PM)
16.61
+0.01 (+0.06%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners31.96%
Inst Owner ChangeN/A
Ins Owners5%
Ins Owner ChangeN/A
Market Cap8.99B
Analysts73.85
Price Target18.96 (14.15%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.89% |
Yearly Dividend1.06
Dividend Growth(5Y)1.5%
DP144.14%
Div Incr Years1
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-7.34%
Min Revenue beat(2)-7.76%
Max Revenue beat(2)-6.92%
Revenue beat(4)0
Avg Revenue beat(4)-15.79%
Min Revenue beat(4)-45.83%
Max Revenue beat(4)-2.63%
Revenue beat(8)0
Avg Revenue beat(8)-10.65%
Revenue beat(12)3
Avg Revenue beat(12)-4.52%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-3.83%
PT rev (3m)-2.71%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)-1.03%
EPS NY rev (3m)-1.03%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.5%
Revenue NY rev (3m)-1.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.79 | ||
| Fwd PE | 15.45 | ||
| P/S | 6.01 | ||
| P/FCF | 10.83 | ||
| P/OCF | 8.64 | ||
| P/B | 1.76 | ||
| P/tB | 1.93 | ||
| EV/EBITDA | 12.3 |
EPS(TTM)0.62
EY3.73%
EPS(NY)1.07
Fwd EY6.47%
FCF(TTM)1.53
FCFY9.24%
OCF(TTM)1.92
OCFY11.58%
SpS2.76
BVpS9.43
TBVpS8.6
PEG (NY)0.5
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.4% | ||
| ROE | 7.22% | ||
| ROCE | 6% | ||
| ROIC | 4.68% | ||
| ROICexc | 4.93% | ||
| ROICexgc | 5.14% | ||
| OM | 47.96% | ||
| PM (TTM) | 24.65% | ||
| GM | 103.82% | ||
| FCFM | 55.51% |
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 Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | 7.46 | ||
| Debt/EBITDA | 4.03 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 88.26% | ||
| Profit Quality | 225.22% | ||
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.99 | ||
| Altman-Z | 1.19 |
F-Score6
WACC5.33%
ROIC/WACC0.88
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)-51.42%
EPS 3Y-21.18%
EPS 5Y-14.24%
EPS Q2Q%-4.33%
EPS Next Y53.19%
EPS Next 2Y31.98%
EPS Next 3Y22.59%
EPS Next 5Y16.77%
Revenue 1Y (TTM)-23.15%
Revenue growth 3Y-6.54%
Revenue growth 5Y-4.5%
Sales Q2Q%-10.48%
Revenue Next Year-6.92%
Revenue Next 2Y0.62%
Revenue Next 3Y2.39%
Revenue Next 5Y3.79%
EBIT growth 1Y-11.17%
EBIT growth 3Y-9.69%
EBIT growth 5Y-8.02%
EBIT Next Year64.03%
EBIT Next 3Y25.42%
EBIT Next 5Y17.37%
FCF growth 1Y-13.39%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-4.49%
OCF growth 3Y-15.88%
OCF growth 5Y-1.78%