REDES ENERGETICAS NACIONAIS (RENE.LS) Stock Fundamental Analysis
ELI:RENE - Euronext Lisbon - PTREL0AM0008 - Common Stock - Currency: EUR
Taking everything into account, RENE scores 4 out of 10 in our fundamental rating. RENE was compared to 14 industry peers in the Multi-Utilities industry. RENE scores excellent on profitability, but 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
RENE had positive earnings in the past year.
In the past year RENE had a positive cash flow from operations.
RENE had positive earnings in each of the past 5 years.
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 line with its industry, outperforming 57.14% of the companies in the same industry.
RENE has a Return On Equity of 12.36%. This is comparable to the rest of the industry: RENE outperforms 57.14% of its industry peers.
RENE has a better Return On Invested Capital (8.22%) than 85.71% of its industry peers.
The Average Return On Invested Capital over the past 3 years for RENE is in line with the industry average of 6.51%.
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
RENE's Profit Margin of 12.84% is amongst the best of the industry. RENE outperforms 92.86% of its industry peers.
RENE's Profit Margin has been stable in the last couple of years.
With an excellent Operating Margin value of 25.28%, 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 Operating Margin of RENE has declined.
The Gross Margin of RENE (71.16%) is better than 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so RENE is still creating some value.
Compared to 1 year ago, RENE has about the same amount of shares outstanding.
Compared to 5 years ago, RENE has about the same amount of shares outstanding.
Compared to 1 year ago, RENE has about the same debt to assets ratio.
2.2 Solvency
RENE has an Altman-Z score of 0.83. This is a bad value and indicates that RENE is not financially healthy and even has some risk of bankruptcy.
RENE's Altman-Z score of 0.83 is on the low side compared to the rest of the industry. RENE is outperformed by 92.86% of its industry peers.
The Debt to FCF ratio of RENE is 7.80, which is on the high side as it means it would take RENE, 7.80 years of fcf income to pay off all of its debts.
RENE has a Debt to FCF ratio of 7.80. This is amongst the best in the industry. RENE outperforms 100.00% 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.
With an excellent Debt to Equity ratio value of 1.04, RENE belongs to the best of the industry, outperforming 92.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 7.8 | ||
| Altman-Z | 0.83 |
ROIC/WACC1.39
WACC5.9%
2.3 Liquidity
A Current Ratio of 0.38 indicates that RENE may have some problems paying 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.
A Quick Ratio of 0.38 indicates that RENE may have some problems paying its short term obligations.
The Quick ratio of RENE (0.38) is worse than 92.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.38 | ||
| Quick Ratio | 0.38 |
3. Growth
3.1 Past
RENE shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -3.07%.
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.
RENE shows a small growth in Revenue. In the last year, the Revenue has grown by 3.53%.
The Revenue has been growing slightly by 5.57% on average over the past years.
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
The Earnings Per Share is expected to decrease by -2.71% on average over the next years.
The Revenue is expected to grow by 0.42% on average over the next years.
EPS Next Y2.56%
EPS Next 2Y2.95%
EPS Next 3Y2.5%
EPS Next 5Y-2.71%
Revenue Next Year3.99%
Revenue Next 2Y3.82%
Revenue Next 3Y4.14%
Revenue Next 5Y0.42%
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 11.28, the valuation of RENE can be described as very reasonable.
Based on the Price/Earnings ratio, RENE is valued a bit cheaper than 71.43% of the companies in the same industry.
RENE is valuated cheaply when we compare the Price/Earnings ratio to 26.34, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 14.93, RENE is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of RENE indicates a rather expensive valuation: RENE more expensive than 92.86% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.19, RENE is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.28 | ||
| Fwd PE | 14.93 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, RENE is valued cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.32 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
RENE has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)4.4
PEG (5Y)2.13
EPS Next 2Y2.95%
EPS Next 3Y2.5%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.18%, RENE is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.96, RENE pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.40, RENE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.18% |
5.2 History
The dividend of RENE decreases each year by -2.07%.
Dividend Growth(5Y)-2.07%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
53.25% of the earnings are spent on dividend by RENE. This is a bit on the high side, but may be sustainable.
RENE's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP53.25%
EPS Next 2Y2.95%
EPS Next 3Y2.5%
ELI:RENE (6/19/2025, 7:00:00 PM)
3.045
0 (-0.16%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)
Earnings (Next)
Inst Owners26.1%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap2.03B
Analysts76.92
Price Target3.05 (0.16%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.18% |
Yearly Dividend0.15
Dividend Growth(5Y)-2.07%
DP53.25%
Div Incr Years0
Div Non Decr Years1
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)5.55%
PT rev (3m)7.45%
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)2.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.28 | ||
| Fwd PE | 14.93 | ||
| P/S | 1.36 | ||
| P/FCF | 6.32 | ||
| P/OCF | 3.27 | ||
| P/B | 1.31 | ||
| P/tB | N/A | ||
| EV/EBITDA | N/A |
EPS(TTM)0.27
EY8.87%
EPS(NY)0.2
Fwd EY6.7%
FCF(TTM)0.48
FCFY15.83%
OCF(TTM)0.93
OCFY30.56%
SpS2.24
BVpS2.33
TBVpS-4
PEG (NY)4.4
PEG (5Y)2.13
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 | 0.83 |
F-Score6
WACC5.9%
ROIC/WACC1.39
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-2.71%
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 5Y0.42%
EBIT growth 1Y-7.05%
EBIT growth 3Y3.89%
EBIT growth 5Y-0.44%
EBIT Next Year106.64%
EBIT Next 3Y31.37%
EBIT Next 5Y18.23%
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%