REDEIA CORP SA (RE21.DE) Stock Fundamental Analysis
Europe - FRA:RE21 - ES0173093024 - Common Stock
16.31 EUR
+0.04 (+0.25%)
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. Both the profitability and the financial health of RE21 get a neutral evaluation. Nothing too spectacular is happening here. 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
In the past year RE21 was profitable.
RE21 had a positive operating cash flow in the past year.
Each year in the past 5 years RE21 has 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.
With a Return On Invested Capital value of 4.68%, RE21 perfoms like the industry average, outperforming 41.18% of the companies in the same industry.
RE21 had an Average Return On Invested Capital over the past 3 years of 5.40%. This 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.
In the last couple of years the Profit Margin of RE21 has declined.
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.
RE21's Gross Margin of 103.82% is amongst the best of the industry. RE21 outperforms 100.00% of its industry peers.
RE21's Gross Margin has been stable in the last couple of years.
| 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.
RE21 has about the same amout of shares outstanding than it did 1 year ago.
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 1.18, we must say that RE21 is in the distress zone and has some risk of bankruptcy.
RE21 has a Altman-Z score of 1.18. This is comparable to the rest of the industry: RE21 outperforms 41.18% 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.
The Debt to FCF ratio of RE21 (7.46) is better than 70.59% of its industry peers.
RE21 has a Debt/Equity ratio of 0.93. This is a neutral value indicating RE21 is somewhat dependend on debt financing.
With a decent Debt to Equity ratio value of 0.93, RE21 is doing good in the industry, outperforming 76.47% of the companies in the same industry.
| 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 has a better Current ratio (1.03) than 64.71% of its industry peers.
A Quick Ratio of 0.99 indicates that RE21 may have some problems paying its short term obligations.
The Quick ratio of RE21 (0.99) is better than 64.71% of its industry peers.
| 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%.
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%.
RE21 shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -4.50% yearly.
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.
The Revenue is expected to grow by 3.81% on average over the next years.
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.
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
With a Price/Earnings ratio of 26.31, RE21 can be considered very expensive at the moment.
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.
When comparing the Price/Earnings ratio of RE21 to the average of the S&P500 Index (27.41), we can say RE21 is valued inline with the index average.
A Price/Forward Earnings ratio of 15.18 indicates a correct valuation of RE21.
RE21's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. RE21 is 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 22.87, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.31 | ||
| Fwd PE | 15.18 |
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.
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 | 10.63 | ||
| EV/EBITDA | 12.15 |
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)0.49
PEG (5Y)N/A
EPS Next 2Y31.98%
EPS Next 3Y22.59%
5. Dividend
5.1 Amount
RE21 has a Yearly Dividend Yield of 3.95%. Purely for dividend investing, there may be better candidates out there.
RE21's Dividend Yield is comparable with the industry average which is at 4.35.
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 (9/22/2025, 7:00:00 PM)
16.31
+0.04 (+0.25%)
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 Cap8.83B
Analysts71.54
Price Target19.21 (17.78%)
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 | 26.31 | ||
| Fwd PE | 15.18 | ||
| P/S | 5.9 | ||
| P/FCF | 10.63 | ||
| P/OCF | 8.48 | ||
| P/B | 1.73 | ||
| P/tB | 1.9 | ||
| EV/EBITDA | 12.15 |
EPS(TTM)0.62
EY3.8%
EPS(NY)1.07
Fwd EY6.59%
FCF(TTM)1.53
FCFY9.41%
OCF(TTM)1.92
OCFY11.79%
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%