REDES ENERGETICAS NACIONAIS (RENE.LS) Stock Fundamental Analysis
ELI:RENE - Euronext Lisbon - PTREL0AM0008 - Common Stock - Currency: EUR
RENE gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 14 industry peers in the Multi-Utilities industry. While RENE belongs to the best of the industry regarding profitability, there are concerns on its financial health. RENE is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year RENE was profitable.
RENE had a positive operating cash flow in the past year.
Each year in the past 5 years RENE has been profitable.
Of the past 5 years RENE 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.58%, RENE is in the better half of the industry, outperforming 64.29% of the companies in the same industry.
RENE's Return On Equity of 12.36% is fine compared to the rest of the industry. RENE outperforms 64.29% of its industry peers.
With an excellent Return On Invested Capital value of 8.22%, RENE belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for RENE is in line with the industry average of 6.38%.
The 3 year average ROIC (5.36%) for RENE is below the current ROIC(8.22%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.58% | ||
| ROE | 12.36% | ||
| ROIC | 8.22% |
ROA(3y)2.39%
ROA(5y)2.2%
ROE(3y)9.02%
ROE(5y)8.34%
ROIC(3y)5.36%
ROIC(5y)4.97%
1.3 Margins
With an excellent Profit Margin value of 12.84%, RENE belongs to the best of the industry, outperforming 92.86% of the companies in the same industry.
In the last couple of years the Profit Margin of RENE has remained more or less at the same level.
RENE has a Operating Margin of 25.28%. This is amongst the best in the industry. RENE outperforms 92.86% of its industry peers.
RENE's Operating Margin has declined in the last couple of years.
RENE has a Gross Margin of 71.16%. This is amongst the best in the industry. RENE outperforms 100.00% of its industry peers.
RENE's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.28% | ||
| PM (TTM) | 12.84% | ||
| GM | 71.16% |
OM growth 3Y-3.06%
OM growth 5Y-5.7%
PM growth 3Y8.45%
PM growth 5Y-0.44%
GM growth 3Y-2.57%
GM growth 5Y-2.77%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), RENE is creating some value.
RENE has about the same amout of shares outstanding than it did 1 year ago.
RENE has about the same amout of shares outstanding than it did 5 years ago.
Compared to 1 year ago, RENE has about the same debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.81, we must say that RENE is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.81, RENE is not doing good in the industry: 92.86% of the companies in the same industry are doing better.
RENE has a debt to FCF ratio of 7.80. This is a slightly negative value and a sign of low solvency as RENE would need 7.80 years to pay back of all of its debts.
The Debt to FCF ratio of RENE (7.80) is better than 92.86% of its industry peers.
A Debt/Equity ratio of 1.04 is on the high side and indicates that RENE has dependencies on debt financing.
RENE's Debt to Equity ratio of 1.04 is amongst the best of the industry. RENE outperforms 92.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 7.8 | ||
| Altman-Z | 0.81 |
ROIC/WACC1.4
WACC5.86%
2.3 Liquidity
RENE has a Current Ratio of 0.38. This is a bad value and indicates that RENE is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.38, RENE is doing worse than 92.86% of the companies in the same industry.
RENE has a Quick Ratio of 0.38. This is a bad value and indicates that RENE is not financially healthy enough and could expect problems in meeting its short term obligations.
RENE has a worse Quick ratio (0.38) than 92.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.38 | ||
| Quick Ratio | 0.38 |
3. Growth
3.1 Past
The earnings per share for RENE have decreased by -3.07% in the last year.
Measured over the past 5 years, RENE shows a small growth in Earnings Per Share. The EPS has been growing by 5.29% on average per year.
The Revenue has been growing slightly by 3.53% in the past year.
Measured over the past years, RENE shows a small growth in Revenue. The Revenue has been growing by 5.57% on average per year.
EPS 1Y (TTM)-3.07%
EPS 3Y16.26%
EPS 5Y5.29%
EPS Q2Q%13.65%
Revenue 1Y (TTM)3.53%
Revenue growth 3Y7.16%
Revenue growth 5Y5.57%
Sales Q2Q%6.91%
3.2 Future
Based on estimates for the next years, RENE will show a decrease in Earnings Per Share. The EPS will decrease by -1.44% on average per year.
The Revenue is expected to grow by 0.32% on average over the next years.
EPS Next Y2.56%
EPS Next 2Y2.95%
EPS Next 3Y2.5%
EPS Next 5Y-1.44%
Revenue Next Year3.99%
Revenue Next 2Y3.82%
Revenue Next 3Y4.14%
Revenue Next 5Y0.32%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 10.79, the valuation of RENE can be described as very reasonable.
71.43% of the companies in the same industry are more expensive than RENE, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of RENE to the average of the S&P500 Index (26.35), we can say RENE is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 14.28, the valuation of RENE can be described as correct.
85.71% of the companies in the same industry are cheaper than RENE, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of RENE to the average of the S&P500 Index (22.20), we can say RENE is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.79 | ||
| Fwd PE | 14.28 |
4.2 Price Multiples
RENE's Price/Free Cash Flow ratio is rather cheap when compared to the industry. RENE is cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.04 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates RENE does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of RENE may justify a higher PE ratio.
PEG (NY)4.21
PEG (5Y)2.04
EPS Next 2Y2.95%
EPS Next 3Y2.5%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.48%, RENE is a good candidate for dividend investing.
RENE's Dividend Yield is a higher than the industry average which is at 5.15.
RENE's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.48% |
5.2 History
The dividend of RENE decreases each year by -2.07%.
Dividend Growth(5Y)-2.07%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
RENE pays out 53.25% of its income as dividend. This is a bit on the high side, but may be sustainable.
The Dividend Rate of RENE has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP53.25%
EPS Next 2Y2.95%
EPS Next 3Y2.5%
ELI:RENE (5/28/2025, 5:29:47 PM)
2.913
+0.01 (+0.28%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)
Earnings (Next)
Inst Owners25.95%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.94B
Analysts78.33
Price Target2.89 (-0.79%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.48% |
Yearly Dividend0.15
Dividend Growth(5Y)-2.07%
DP53.25%
Div Incr Years0
Div Non Decr Years0
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
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)0%
PT rev (3m)1.8%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)12.68%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.79 | ||
| Fwd PE | 14.28 | ||
| P/S | 1.3 | ||
| P/FCF | 6.04 | ||
| P/OCF | 3.13 | ||
| P/B | 1.25 | ||
| P/tB | N/A | ||
| EV/EBITDA | N/A |
EPS(TTM)0.27
EY9.27%
EPS(NY)0.2
Fwd EY7%
FCF(TTM)0.48
FCFY16.55%
OCF(TTM)0.93
OCFY31.95%
SpS2.24
BVpS2.33
TBVpS-4
PEG (NY)4.21
PEG (5Y)2.04
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.58% | ||
| ROE | 12.36% | ||
| ROCE | 9.52% | ||
| ROIC | 8.22% | ||
| ROICexc | 8.31% | ||
| ROICexgc | N/A | ||
| OM | 25.28% | ||
| PM (TTM) | 12.84% | ||
| GM | 71.16% | ||
| FCFM | 21.53% |
ROA(3y)2.39%
ROA(5y)2.2%
ROE(3y)9.02%
ROE(5y)8.34%
ROIC(3y)5.36%
ROIC(5y)4.97%
ROICexc(3y)5.82%
ROICexc(5y)5.45%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)6.21%
ROCE(5y)5.75%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y2.25%
ROICexc growth 5Y0.7%
OM growth 3Y-3.06%
OM growth 5Y-5.7%
PM growth 3Y8.45%
PM growth 5Y-0.44%
GM growth 3Y-2.57%
GM growth 5Y-2.77%
F-Score6
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 7.8 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 20.04% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 167.66% | ||
| Current Ratio | 0.38 | ||
| Quick Ratio | 0.38 | ||
| Altman-Z | 0.81 |
F-Score6
WACC5.86%
ROIC/WACC1.4
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)26.47%
Cap/Sales(5y)25.19%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-3.07%
EPS 3Y16.26%
EPS 5Y5.29%
EPS Q2Q%13.65%
EPS Next Y2.56%
EPS Next 2Y2.95%
EPS Next 3Y2.5%
EPS Next 5Y-1.44%
Revenue 1Y (TTM)3.53%
Revenue growth 3Y7.16%
Revenue growth 5Y5.57%
Sales Q2Q%6.91%
Revenue Next Year3.99%
Revenue Next 2Y3.82%
Revenue Next 3Y4.14%
Revenue Next 5Y0.32%
EBIT growth 1Y-7.05%
EBIT growth 3Y3.89%
EBIT growth 5Y-0.44%
EBIT Next Year106.64%
EBIT Next 3Y31.37%
EBIT Next 5Y17.68%
FCF growth 1Y151.91%
FCF growth 3Y-13.59%
FCF growth 5Y13.81%
OCF growth 1Y267.84%
OCF growth 3Y-3.92%
OCF growth 5Y12.52%