-0.25%
-2.93%
-4.69%
-3.56%
7.48%
-10.18%
-9.78%
AI Spotlight on RED
Company Description
Redeia 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 45,019 kilometers; and has 94,221 MVA of transformation capacity.The company also provides advisory, engineering, and construction services; and telecommunications, financing, reinsurance, line and substation maintenance, technical consultancy, and satellite telecommunications services.
In addition, it manages and constructs energy storage facilities and the water cycle; acquires, holds, manages, and administers equity securities; operates satellite communications system and renders space segment services for the geostationary orbital slots; and sells and leases satellites and spatial capacity.The company was incorporated in 1985 and is based in Alcobendas, Spain.
Market Data
| Last Price | 16.24 |
| Change Percentage | -0.25% |
| Open | 16.29 |
| Previous Close | 16.28 |
| Market Cap ( Millions) | 8769 |
| Volume | 670033 |
| Year High | 17.7 |
| Year Low | 14.36 |
| M A 50 | 16.49 |
| M A 200 | 16.66 |
Financial Ratios
| FCF Yield | 4.76% |
| Dividend Yield | 5.48% |
| ROE | 13.83% |
| Debt / Equity | 0.00% |
| Net Debt / EBIDTA | 0.00% |
| Price To Book | 1.65 |
| Price Earnings Ratio | 11.78 |
| Price To FCF | 21.02 |
| Price To sales | 3.65 |
| EV / EBITDA | 6.7 |
News
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Management and Operation of Electricity Infrastructure
Expected Growth : 2.5 %
What the company do ?
Redeia Corporación, S.A. manages and operates electricity infrastructure, ensuring reliable transmission and distribution of electricity, maintaining grid stability and efficiency.
Why we expect these perspectives ?
Redeia Corporación, S.A.'s 2.5% growth in Management and Operation of Electricity Infrastructure is driven by increasing demand for reliable energy, investments in grid modernization, and strategic acquisitions. Additionally, the company's focus on operational efficiency, cost reduction, and customer satisfaction also contribute to its growth.
Segment n°2 -> Telecommunications - Satellites
Expected Growth : 2.8 %
What the company do ?
Telecommunications - Satellites from Redeia Corporación, S.A. provides satellite-based communication services, enabling data transmission and connectivity for various industries and applications.
Why we expect these perspectives ?
Redeia Corporación's satellite telecommunications segment growth of 2.8% is driven by increasing demand for high-speed internet and data services, government investments in satellite infrastructure, and growing adoption of IoT and 5G technologies. Additionally, the company's strategic partnerships and expansion into new markets have contributed to its growth.
Segment n°3 -> Telecommunications - Fibre Optics
Expected Growth : 3.2 %
What the company do ?
Redeia Corporación, S.A.'s Telecommunications - Fibre Optics segment provides fibre optic infrastructure and services for telecommunications operators in Spain.
Why we expect these perspectives ?
Redeia Corporación, S.A.'s fibre optics segment growth of 3.2% is driven by increasing demand for high-speed internet and data services, government initiatives for digital infrastructure development, and strategic expansion into underserved regions. Additionally, the company's focus on network densification and upgrade to 5G-ready infrastructure also contributes to the growth.
Segment n°4 -> Other, Corporate and Adjustments
Expected Growth : 1.8 %
What the company do ?
Other includes non-operating income, Corporate represents the holding company's expenses, and Adjustments are accounting entries to conform to IFRS, all from Redeia Corporación, S.A.
Why we expect these perspectives ?
Redeia Corporación, S.A.'s 1.8% growth is driven by Other segment's increased investments in renewable energy, Corporate segment's cost savings initiatives, and Adjustments segment's favorable regulatory changes, leading to improved operational efficiency and enhanced profitability.
Redeia Corporación, S.A. Products
| Product Range | What is it ? |
|---|---|
| Transmission Grid | Redeia Corporación, S.A. operates and manages the high-voltage transmission grid, ensuring the reliable and efficient transmission of electricity across Spain. |
| Grid Management | Redeia Corporación, S.A. provides grid management services, including monitoring, control, and maintenance of the transmission grid. |
| System Operation | Redeia Corporación, S.A. operates the Spanish electricity system, ensuring the balance between electricity generation and demand. |
| Market Operation | Redeia Corporación, S.A. operates the Spanish electricity market, facilitating the buying and selling of electricity between generators, distributors, and consumers. |
| International Connections | Redeia Corporación, S.A. manages international electricity connections, enabling the exchange of electricity between Spain and neighboring countries. |
Redeia Corporación, S.A.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Redeia Corporación, S.A. is medium due to the availability of alternative energy sources and the increasing adoption of renewable energy.
Bargaining Power Of Customers
The bargaining power of customers for Redeia Corporación, S.A. is low due to the lack of switching costs and the company's strong brand reputation.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Redeia Corporación, S.A. is medium due to the presence of multiple suppliers and the company's moderate dependence on them.
Threat Of New Entrants
The threat of new entrants for Redeia Corporación, S.A. is high due to the low barriers to entry and the increasing competition in the energy sector.
Intensity Of Rivalry
The intensity of rivalry for Redeia Corporación, S.A. is high due to the high competition in the energy sector and the company's moderate market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 51.56% |
| Debt Cost | 3.95% |
| Equity Weight | 48.44% |
| Equity Cost | 6.08% |
| WACC | 4.98% |
| Leverage | 106.43% |
Redeia Corporación, S.A. : Quality Control
Redeia Corporación, S.A. passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| ELI.BR | Elia Group SA/NV operates a transmission system operator for the electricity network in Belgium and internationally. It provides electricity transmission services; transmits electricity from generators; imports and exports electricity; and … |
| TRN.MI | Terna - Rete Elettrica Nazionale Società per Azioni, together with its subsidiaries, engages in the electricity transmission and dispatching activities in Italy, Euro-area countries, and internationally. The company operates through … |
| EVN.VI | EVN AG provides energy and environmental services for private and business customers, as well as municipalities in Austria, Bulgaria, Croatia, Germany, and Albania. The company operates through Energy, Generation, Networks, … |
| ETR | Entergy Corporation, together with its subsidiaries, engages in the production and retail distribution of electricity in the United States. The company operates in two segments, Utility and Entergy Wholesale Commodities. … |
| CNA.L | Centrica plc operates as an integrated energy company in the United Kingdom, Ireland, Norway, North America, and internationally. The company operates through British Gas Services & Solutions, British Gas Energy, … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Entergy
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Redeia
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Terna RETE
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4
Centrica
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5
EVN
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1-Year Total Return ->
6
