Red Eléctrica Corporación, S.A. Logo

Red Eléctrica Corporación, S.A.

RDEIY

(2.0)
Stock Price

8,51 USD

6.53% ROA

14.51% ROE

4.96x PER

Market Cap.

9.115.688.731,87 USD

119.09% DER

6.86% Yield

31.87% NPM

Red Eléctrica Corporación, S.A. Stock Analysis

Red Eléctrica Corporación, S.A. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Red Eléctrica Corporación, S.A. Fundamental Stock Analysis
# Analysis Rating
1 Assets Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

2 ROE

ROE in an average range (12.88%) suggests satisfactory profitability and decent utilization of shareholders' equity.

3 ROA

The stock's ROA (4.54%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

4 PBV

The stock's PBV ratio (1.54x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

5 Graham Number

The company's Graham number suggests that its stock price is underestimated, implying that it may present a compelling investment opportunity.

6 Dividend

Investors can rely on the company's consistent dividend payments over the past three years, offering a steady stream of returns.

7 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (23) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

8 DER

The company has a high debt to equity ratio (115%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

9 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

10 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

11 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

Red Eléctrica Corporación, S.A. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Red Eléctrica Corporación, S.A. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Red Eléctrica Corporación, S.A. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Red Eléctrica Corporación, S.A. Revenue
Year Revenue Growth
2002 695.507.000
2003 907.916.000 23.4%
2004 961.192.000 5.54%
2005 860.163.000 -11.75%
2006 949.262.000 9.39%
2007 1.030.910.000 7.92%
2008 1.125.884.000 8.44%
2009 1.200.115.000 6.19%
2010 1.397.252.000 14.11%
2011 1.637.336.000 14.66%
2012 1.755.256.000 6.72%
2013 1.758.266.000 0.17%
2014 1.846.714.000 4.79%
2015 1.938.939.000 4.76%
2016 1.932.343.000 -0.34%
2017 1.941.165.000 0.45%
2018 1.948.540.000 0.38%
2019 2.007.240.000 2.92%
2020 1.985.751.000 -1.08%
2021 1.952.958.000 -1.68%
2022 2.015.036.000 3.08%
2023 2.048.836.000 1.65%
2023 2.064.071.000 0.74%
2024 3.643.244.000 43.35%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Red Eléctrica Corporación, S.A. Research and Development Expenses
Year Research and Development Expenses Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 9.600.000 100%
2016 8.600.000 -11.63%
2017 9.300.000 7.53%
2018 10.200.000 8.82%
2019 10.600.000 3.77%
2020 17.000.000 37.65%
2021 11.401.000 -49.11%
2022 8.820.000 -29.26%
2023 0 0%
2023 6.510.000 100%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Red Eléctrica Corporación, S.A. General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 62.716.000
2003 1.024.074 -6024.17%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 104.236.000 100%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Red Eléctrica Corporación, S.A. EBITDA
Year EBITDA Growth
2002 266.803.000
2003 638.974 -41654.91%
2004 483.740.000 99.87%
2005 629.446.000 23.15%
2006 632.833.000 0.54%
2007 724.444.000 12.65%
2008 787.473.000 8%
2009 817.020.000 3.62%
2010 988.511.000 17.35%
2011 1.234.251.000 19.91%
2012 1.329.221.000 7.14%
2013 1.330.805.000 0.12%
2014 1.412.769.000 5.8%
2015 1.487.402.000 5.02%
2016 1.516.870.000 1.94%
2017 1.553.484.000 2.36%
2018 1.573.636.000 1.28%
2019 1.621.439.000 2.95%
2020 1.609.363.000 -0.75%
2021 1.524.538.000 -5.56%
2022 1.532.573.000 0.52%
2023 1.649.268.000 7.08%
2023 1.442.685.000 -14.32%
2024 2.574.916.000 43.97%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Red Eléctrica Corporación, S.A. Gross Profit
Year Gross Profit Growth
2002 418.037.000
2003 668.878.000 37.5%
2004 746.265.000 10.37%
2005 833.731.000 10.49%
2006 912.872.000 8.67%
2007 969.959.000 5.89%
2008 1.069.240.000 9.29%
2009 1.152.898.000 7.26%
2010 1.370.274.000 15.86%
2011 1.612.764.000 15.04%
2012 1.704.654.000 5.39%
2013 1.710.888.000 0.36%
2014 1.804.713.000 5.2%
2015 1.911.793.000 5.6%
2016 1.923.519.000 0.61%
2017 1.880.055.000 -2.31%
2018 1.910.815.000 1.61%
2019 1.972.737.000 3.14%
2020 1.958.444.000 -0.73%
2021 1.934.303.000 -1.25%
2022 1.977.975.000 2.21%
2023 1.473.736.000 -34.22%
2023 1.324.547.000 -11.26%
2024 2.102.264.000 36.99%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Red Eléctrica Corporación, S.A. Net Profit
Year Net Profit Growth
2002 99.861.000
2003 115.789 -86143.94%
2004 132.388.000 99.91%
2005 162.433.000 18.5%
2006 200.154.000 18.85%
2007 243.049.000 17.65%
2008 286.119.000 15.05%
2009 330.409.000 13.4%
2010 390.148.000 15.31%
2011 460.254.000 15.23%
2012 492.288.000 6.51%
2013 529.139.000 6.96%
2014 717.821.000 26.29%
2015 606.013.000 -18.45%
2016 636.920.000 4.85%
2017 669.836.000 4.91%
2018 704.558.000 4.93%
2019 714.752.000 1.43%
2020 621.185.000 -15.06%
2021 680.627.000 8.73%
2022 664.731.000 -2.39%
2023 695.756.000 4.46%
2023 689.640.000 -0.89%
2024 1.077.372.000 35.99%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Red Eléctrica Corporación, S.A. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 1 0%
2015 1 0%
2016 1 0%
2017 1 0%
2018 1 0%
2019 1 100%
2020 1 0%
2021 1 0%
2022 1 0%
2023 1 0%
2023 1 100%
2024 2 50%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Red Eléctrica Corporación, S.A. Free Cashflow
Year Free Cashflow Growth
2004 113.125.000
2005 -4.917.000 2400.69%
2006 235.545.000 102.09%
2007 82.939.000 -184%
2008 -93.773.000 188.45%
2009 -84.174.000 -11.4%
2010 -1.482.067.000 94.32%
2011 272.649.000 643.58%
2012 60.557.000 -350.24%
2013 613.242.000 90.13%
2014 -592.935.000 203.42%
2015 867.250.000 168.37%
2016 642.775.000 -34.92%
2017 680.601.000 5.56%
2018 643.806.000 -5.72%
2019 525.894.000 -22.42%
2020 835.093.000 37.03%
2021 1.049.271.000 20.41%
2022 1.030.644.000 -1.81%
2023 -464.349.000 321.95%
2023 215.911.000 315.07%
2024 37.454.000 -476.47%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Red Eléctrica Corporación, S.A. Operating Cashflow
Year Operating Cashflow Growth
2004 356.816.000
2005 289.032.000 -23.45%
2006 601.091.000 51.92%
2007 612.469.000 1.86%
2008 402.322.000 -52.23%
2009 670.563.000 40%
2010 824.678.000 18.69%
2011 1.205.946.000 31.62%
2012 798.771.000 -50.98%
2013 1.191.850.000 32.98%
2014 511.985.000 -132.79%
2015 1.326.140.000 61.39%
2016 1.007.130.000 -31.68%
2017 1.153.255.000 12.67%
2018 1.100.025.000 -4.84%
2019 1.045.157.000 -5.25%
2020 1.380.422.000 24.29%
2021 1.605.176.000 14%
2022 1.566.829.000 -2.45%
2023 491.905.000 -218.52%
2023 215.911.000 -127.83%
2024 463.204.000 53.39%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Red Eléctrica Corporación, S.A. Capital Expenditure
Year Capital Expenditure Growth
2004 243.691.000
2005 293.949.000 17.1%
2006 365.546.000 19.59%
2007 529.530.000 30.97%
2008 496.095.000 -6.74%
2009 754.737.000 34.27%
2010 2.306.745.000 67.28%
2011 933.297.000 -147.16%
2012 738.214.000 -26.43%
2013 578.608.000 -27.58%
2014 1.104.920.000 47.63%
2015 458.890.000 -140.78%
2016 364.355.000 -25.95%
2017 472.654.000 22.91%
2018 456.219.000 -3.6%
2019 519.263.000 12.14%
2020 545.329.000 4.78%
2021 555.905.000 1.9%
2022 536.185.000 -3.68%
2023 956.254.000 43.93%
2023 0 0%
2024 425.750.000 100%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Red Eléctrica Corporación, S.A. Equity
Year Equity Growth
2002 809.300.000
2003 849.099.000 4.69%
2004 895.825.000 5.22%
2005 962.779.000 6.95%
2006 1.022.031.000 5.8%
2007 1.202.828.000 15.03%
2008 1.336.557.000 10.01%
2009 1.439.226.000 7.13%
2010 1.624.554.000 11.41%
2011 1.813.547.000 10.42%
2012 1.991.545.000 8.94%
2013 2.224.648.000 10.48%
2014 2.552.452.000 12.84%
2015 2.760.613.000 7.54%
2016 2.920.549.000 5.48%
2017 3.093.449.000 5.59%
2018 3.361.366.000 7.97%
2019 3.614.434.000 7%
2020 3.491.953.000 -3.51%
2021 3.685.131.000 5.24%
2022 4.894.276.000 24.71%
2023 5.387.623.000 9.16%
2023 5.529.057.000 2.56%
2024 5.362.446.000 -3.11%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Red Eléctrica Corporación, S.A. Assets
Year Assets Growth
2002 2.950.156.000
2003 3.399.935.000 13.23%
2004 3.497.974.000 2.8%
2005 4.657.349.000 24.89%
2006 4.818.400.000 3.34%
2007 5.315.024.000 9.34%
2008 5.813.255.000 8.57%
2009 6.201.633.000 6.26%
2010 8.283.898.000 25.14%
2011 8.765.477.000 5.49%
2012 9.215.191.000 4.88%
2013 9.419.865.000 2.17%
2014 10.557.971.000 10.78%
2015 10.597.944.000 0.38%
2016 10.550.350.000 -0.45%
2017 10.917.883.000 3.37%
2018 11.262.080.000 3.06%
2019 12.661.960.000 11.06%
2020 12.844.089.000 1.42%
2021 13.984.478.000 8.15%
2022 14.781.520.000 5.39%
2023 15.298.261.000 3.38%
2023 14.484.847.000 -5.62%
2024 14.887.281.000 2.7%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Red Eléctrica Corporación, S.A. Liabilities
Year Liabilities Growth
2002 2.140.794.000
2003 2.550.781.000 16.07%
2004 2.602.094.000 1.97%
2005 3.694.496.000 29.57%
2006 3.796.369.000 2.68%
2007 4.112.196.000 7.68%
2008 4.476.698.000 8.14%
2009 4.762.407.000 6%
2010 6.659.344.000 28.49%
2011 6.951.930.000 4.21%
2012 7.223.646.000 3.76%
2013 7.195.217.000 -0.4%
2014 8.005.519.000 10.12%
2015 7.837.331.000 -2.15%
2016 7.629.801.000 -2.72%
2017 7.824.434.000 2.49%
2018 7.900.714.000 0.97%
2019 9.047.526.000 12.68%
2020 9.352.136.000 3.26%
2021 10.299.347.000 9.2%
2022 9.887.244.000 -4.17%
2023 9.910.638.000 0.24%
2023 8.010.693.000 -23.72%
2024 9.524.835.000 15.9%

Red Eléctrica Corporación, S.A. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
5.41
Net Income per Share
1.7
Price to Earning Ratio
4.96x
Price To Sales Ratio
3.12x
POCF Ratio
4.53
PFCF Ratio
21.33
Price to Book Ratio
0.87
EV to Sales
5.18
EV Over EBITDA
7.2
EV to Operating CashFlow
15.06
EV to FreeCashFlow
35.39
Earnings Yield
0.2
FreeCashFlow Yield
0.05
Market Cap
9,12 Bil.
Enterprise Value
15,12 Bil.
Graham Number
19.28
Graham NetNet
-13.76

Income Statement Metrics

Net Income per Share
1.7
Income Quality
0.98
ROE
0.17
Return On Assets
0.05
Return On Capital Employed
0.09
Net Income per EBT
0.79
EBT Per Ebit
0.91
Ebit per Revenue
0.44
Effective Tax Rate
0.2

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.85
Operating Profit Margin
0.44
Pretax Profit Margin
0.41
Net Profit Margin
0.32

Dividends

Dividend Yield
0.07
Dividend Yield %
6.86
Payout Ratio
1.19
Dividend Per Share
0.58

Operating Metrics

Operating Cashflow per Share
1.86
Free CashFlow per Share
0.79
Capex to Operating CashFlow
0.57
Capex to Revenue
0.2
Capex to Depreciation
0.7
Return on Invested Capital
0.09
Return on Tangible Assets
0.07
Days Sales Outstanding
160.37
Days Payables Outstanding
199.23
Days of Inventory on Hand
42.77
Receivables Turnover
2.28
Payables Turnover
1.83
Inventory Turnover
8.53
Capex per Share
1.07

Balance Sheet

Cash per Share
2,03
Book Value per Share
9,94
Tangible Book Value per Share
8.38
Shareholders Equity per Share
9.71
Interest Debt per Share
11.82
Debt to Equity
1.19
Debt to Assets
0.42
Net Debt to EBITDA
2.86
Current Ratio
0.81
Tangible Asset Value
4,52 Bil.
Net Current Asset Value
-7,06 Bil.
Invested Capital
10367800000
Working Capital
-0,59 Bil.
Intangibles to Total Assets
0.06
Average Receivables
0,64 Bil.
Average Payables
0,21 Bil.
Average Inventory
44196000
Debt to Market Cap
0.68

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Red Eléctrica Corporación, S.A. Dividends
Year Dividends Growth
2010 1
2011 1 0%
2012 1 0%
2013 1 0%
2014 1 0%
2015 1 0%
2016 1 0%
2017 0 0%
2018 1 0%
2019 1 0%
2020 1 0%
2021 1 0%
2022 1 0%
2023 1 0%
2024 1 0%

Red Eléctrica Corporación, S.A. Profile

About Red Eléctrica Corporación, S.A.

Red Eléctrica Corporación, S.A. engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally. Its transmission network comprises approximately 44,687 kilometers; and has 93,871 MVA of transformation capacity. The company also provides advisory, engineering, and construction services; telecommunications infrastructure services to telecommunications operators comprising leasing of dark fiber; and line and sub-station maintenance services. In addition, it manages and constructs energy storage facilities and the water cycle; operates satellite communications system and offers space segment services for the geostationary orbital slots; sells and leases satellites and spatial capacity; and offers technical consultancy and satellite telecommunications services. The company was incorporated in 1985 and is based in Alcobendas, Spain.

CEO
Mr. Roberto García Merino
Employee
2.482
Address
Paseo del Conde de los Gaitanes, 177
Alcobendas, 28109

Red Eléctrica Corporación, S.A. Executives & BODs

Red Eléctrica Corporación, S.A. Executives & BODs
# Name Age
1 Luis Velasco Bodega
Head of Facilities' Development & Support
70
2 Mónica Moraleda Saceda
Director of Legal Services
70
3 Tomas Jose Dominguez Autran
Head of System Operation
70
4 Ricardo Bajo y del Pozo
Head of Power Measurement & Settlements
70
5 Eduardo Prieto García
Head of System Operation Services
70
6 Juan Bola Merino
Head of System Operation in Non-peninsular Territories
70
7 Maria Soler Soneira
Head of Transmission's Technology
70
8 Ramon Granadino Goenechea
Head of Facilities' Planning & Development
70
9 Irene Gómez Barrio
Head of Investor Relations
70
10 Mr. Roberto García Merino
Chief Executive Officer & Executive Director
70

Red Eléctrica Corporación, S.A. Competitors