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. 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 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.
Each year in the past 5 years RE21 has been profitable.
RE21 had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
RE21 has a worse Return On Assets (2.44%) than 64.71% of its industry peers.
RE21 has a worse Return On Equity (7.15%) than 82.35% 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 47.06% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for RE21 is below the industry average of 8.33%.
| 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
Looking at the Profit Margin, with a value of 23.11%, RE21 belongs to the top of the industry, outperforming 94.12% of the companies in the same industry.
In the last couple of years the Profit Margin of RE21 has declined.
RE21 has a better Operating Margin (44.44%) than 94.12% of its industry peers.
In the last couple of years the Operating Margin of RE21 has declined.
The Gross Margin of RE21 (102.40%) is better 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 | 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
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
RE21 has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.30, we must say that RE21 is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.30, RE21 perfoms like the industry average, outperforming 52.94% of the companies in the same industry.
RE21 has a Debt/Equity ratio of 1.00. This is a neutral value indicating RE21 is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.00, RE21 is in the better half of the industry, outperforming 76.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.3 |
ROIC/WACC0.85
WACC5.39%
2.3 Liquidity
RE21 has a Current Ratio of 1.18. This is a normal value and indicates that RE21 is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.18, RE21 belongs to the top of the industry, outperforming 82.35% of the companies in the same industry.
RE21 has a Quick Ratio of 1.14. This is a normal value and indicates that RE21 is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.14, RE21 is in the better half of the industry, outperforming 76.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.18 | ||
| Quick Ratio | 1.14 |
3. Growth
3.1 Past
RE21 shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -42.00%.
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 -22.96% in the last year.
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)-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
The Earnings Per Share is expected to grow by 16.26% 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 3.54% on average per year.
EPS Next Y54.79%
EPS Next 2Y35.97%
EPS Next 3Y24.74%
EPS Next 5Y16.26%
Revenue Next Year-5.5%
Revenue Next 2Y1.78%
Revenue Next 3Y3.01%
Revenue Next 5Y3.54%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
The Price/Earnings ratio is 26.09, which means the current valuation is very expensive for RE21.
76.47% of the companies in the same industry are cheaper than RE21, based on the Price/Earnings ratio.
RE21 is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.41, which is the current average of the S&P500 Index.
RE21 is valuated correctly with a Price/Forward Earnings ratio of 15.32.
Based on the Price/Forward Earnings ratio, RE21 is valued a bit cheaper than the industry average as 64.71% of the companies are valued more expensively.
RE21 is valuated cheaply when we compare the Price/Forward Earnings ratio to 35.19, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.09 | ||
| Fwd PE | 15.32 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, RE21 is valued a bit more expensive than the industry average as 64.71% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 12.75 |
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 24.74% in the coming years.
PEG (NY)0.48
PEG (5Y)N/A
EPS Next 2Y35.97%
EPS Next 3Y24.74%
5. Dividend
5.1 Amount
RE21 has a Yearly Dividend Yield of 3.72%.
Compared to an average industry Dividend Yield of 4.53, RE21 has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.35, RE21 pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.72% |
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
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 (7/10/2025, 7:00:00 PM)
17.48
-0.13 (-0.74%)
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 Cap9.46B
Analysts72
Price Target19.71 (12.76%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.72% |
Yearly Dividend1.06
Dividend Growth(5Y)1.5%
DP155.39%
Div Incr Years1
Div Non Decr Years3
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)1.17%
PT rev (3m)2.33%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0.86%
Revenue NQ rev (1m)-8.5%
Revenue NQ rev (3m)-8.5%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.09 | ||
| Fwd PE | 15.32 | ||
| P/S | 5.93 | ||
| P/FCF | N/A | ||
| P/OCF | 9.9 | ||
| P/B | 1.84 | ||
| P/tB | 2.03 | ||
| EV/EBITDA | 12.75 |
EPS(TTM)0.67
EY3.83%
EPS(NY)1.14
Fwd EY6.53%
FCF(TTM)-0.23
FCFYN/A
OCF(TTM)1.77
OCFY10.1%
SpS2.95
BVpS9.53
TBVpS8.62
PEG (NY)0.48
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 | 1.3 |
F-Score6
WACC5.39%
ROIC/WACC0.85
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 5Y16.26%
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 5Y3.54%
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 5Y16.78%
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%