REDEIA CORP SA (RE21.DE) Stock Fundamental Analysis
Europe - FRA:RE21 - ES0173093024 - Common Stock
16.27 EUR
-0.17 (-1.03%)
Taking everything into account, RE21 scores 4 out of 10 in our fundamental rating. RE21 was compared to 17 industry peers in the Electric Utilities industry. RE21 has an average financial health and profitability rating. RE21 has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
RE21 had positive earnings in the past year.
In the past year RE21 had a positive cash flow from operations.
In the past 5 years RE21 has always been profitable.
Each year in the past 5 years RE21 had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 2.40%, RE21 is not doing good in the industry: 64.71% of the companies in the same industry are doing better.
RE21 has a Return On Equity of 7.22%. This is in the lower half of the industry: RE21 underperforms 64.71% of its industry peers.
RE21 has a Return On Invested Capital of 4.68%. 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 8.14%.
| 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 94.12% of its industry peers.
RE21's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 47.96%, RE21 belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
RE21's Operating Margin has declined in the last couple of years.
RE21 has a better Gross Margin (103.82%) than 100.00% of its industry peers.
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), RE21 is creating some value.
The number of shares outstanding for RE21 remains at a similar level compared to 1 year ago.
RE21 has more shares outstanding than it did 5 years ago.
RE21 has a worse debt/assets ratio than last year.
2.2 Solvency
RE21 has an Altman-Z score of 1.18. This is a bad value and indicates that RE21 is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of RE21 (1.18) is comparable to the rest of the industry.
RE21 has a debt to FCF ratio of 7.46. This is a slightly negative value and a sign of low solvency as RE21 would need 7.46 years to pay back of all of its debts.
RE21's Debt to FCF ratio of 7.46 is fine compared to the rest of the industry. RE21 outperforms 70.59% of its industry peers.
A Debt/Equity ratio of 0.93 indicates that RE21 is somewhat dependend on debt financing.
RE21 has a Debt to Equity ratio of 0.93. This is in the better half of the industry: RE21 outperforms 76.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | 7.46 | ||
| Altman-Z | 1.18 |
ROIC/WACC0.88
WACC5.31%
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.
RE21's Current ratio of 1.03 is fine compared to the rest of the industry. RE21 outperforms 64.71% of its industry peers.
RE21 has a Quick Ratio of 1.03. This is a bad value and indicates that RE21 is not financially healthy enough and could expect problems in meeting its short term obligations.
RE21 has a Quick ratio of 0.99. This is in the better half of the industry: RE21 outperforms 64.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.99 |
3. Growth
3.1 Past
The earnings per share for RE21 have decreased strongly by -51.42% 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 -23.15%.
Measured over the past years, RE21 shows a decrease in Revenue. The Revenue has been decreasing by -4.50% on average per year.
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
RE21 is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.80% yearly.
Based on estimates for the next years, RE21 will show a small growth in Revenue. The Revenue will grow by 3.81% on average per year.
EPS Next Y53.19%
EPS Next 2Y31.98%
EPS Next 3Y22.59%
EPS Next 5Y16.8%
Revenue Next Year-6.98%
Revenue Next 2Y0.6%
Revenue Next 3Y2.34%
Revenue Next 5Y3.81%
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 26.24.
Based on the Price/Earnings ratio, RE21 is valued a bit more expensive than the industry average as 70.59% of the companies are valued more cheaply.
RE21's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.38.
With a Price/Forward Earnings ratio of 15.14, RE21 is valued correctly.
Based on the Price/Forward Earnings ratio, RE21 is valued a bit cheaper than 70.59% of the companies in the same industry.
RE21 is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.86, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.24 | ||
| Fwd PE | 15.14 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of RE21 indicates a slightly more expensive valuation: RE21 is more expensive than 64.71% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, RE21 is valued a bit cheaper than 76.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.61 | ||
| EV/EBITDA | 12.15 |
4.3 Compensation for Growth
The 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 22.59% in the coming years.
PEG (NY)0.49
PEG (5Y)N/A
EPS Next 2Y31.98%
EPS Next 3Y22.59%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.95%, RE21 has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.35, RE21 has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, RE21 pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.95% |
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 (9/19/2025, 7:00:00 PM)
16.27
-0.17 (-1.03%)
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 Cap8.80B
Analysts71.54
Price Target19.21 (18.07%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.95% |
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)-0.96%
PT rev (3m)-2.55%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-1.03%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.06%
Revenue NY rev (3m)-1.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.24 | ||
| Fwd PE | 15.14 | ||
| P/S | 5.89 | ||
| P/FCF | 10.61 | ||
| P/OCF | 8.46 | ||
| P/B | 1.72 | ||
| P/tB | 1.89 | ||
| EV/EBITDA | 12.15 |
EPS(TTM)0.62
EY3.81%
EPS(NY)1.07
Fwd EY6.61%
FCF(TTM)1.53
FCFY9.43%
OCF(TTM)1.92
OCFY11.82%
SpS2.76
BVpS9.43
TBVpS8.6
PEG (NY)0.49
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 | 1.18 |
F-Score6
WACC5.31%
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 5Y16.8%
Revenue 1Y (TTM)-23.15%
Revenue growth 3Y-6.54%
Revenue growth 5Y-4.5%
Sales Q2Q%-10.48%
Revenue Next Year-6.98%
Revenue Next 2Y0.6%
Revenue Next 3Y2.34%
Revenue Next 5Y3.81%
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 5Y17.4%
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%