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Redeia Corporacion SA ADR RDEIY

Morningstar Rating
$8.28 −0.07 (0.84%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

RDEIY is trading at a 3% discount.
Price
$8.53
Fair Value
$8.96
Uncertainty
Low
1-Star Price
$9.26
5-Star Price
$8.25
Economic Moat
Flgy
Capital Allocation
Rvxtnpj
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Trading Information

Previous Close Price
$8.35
Day Range
$8.268.29
52-Week Range
$7.509.13
Bid/Ask
$8.14 / $8.44
Market Cap
$8.94 Bil
Volume/Avg
9,952 / 43,551

Key Statistics

Price/Earnings (Normalized)
13.38
Price/Sales
4.21
Dividend Yield (Trailing)
6.58%
Dividend Yield (Forward)
6.58%
Total Yield
6.58%

Company Profile

Redeia owns and operates the Spanish electric transmission system. The company has acquired almost all of the nation's power grid, which other owners were forced to sell to it by government decree. Its activities are regulated by the National Energy Commission, which answers to the Spanish legislature. Redeia also operates a small fibre-optics network in Spain and has a growing Latin American infrastructure business. The group significantly increased its exposure to telecommunications by acquiring Spanish communications satellite operator Hispasat from Abertis in 2019.
Sector
Utilities
Industry
Utilities - Regulated Electric
Stock Style Box
Mid Core
Total Number of Employees
2,447

Competitors

Valuation

Metric
RDEIY
SSE
NGG
Price/Earnings (Normalized)
13.3810.4115.98
Price/Book Value
1.592.221.36
Price/Sales
4.211.531.93
Price/Cash Flow
8.737.568.62
Price/Earnings
RDEIY
SSE
NGG

Financial Strength

Metric
RDEIY
SSE
NGG
Quick Ratio
0.740.64
Current Ratio
1.440.910.93
Interest Coverage
6.862.782.81
Quick Ratio
RDEIY
SSE
NGG

Profitability

Metric
RDEIY
SSE
NGG
Return on Assets (Normalized)
4.55%6.38%2.34%
Return on Equity (Normalized)
13.11%21.19%7.92%
Return on Invested Capital (Normalized)
9.85%9.72%4.62%
Return on Assets
RDEIY
SSE
NGG
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Utilities - Regulated Electric Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
NEE
NextEra Energy IncPbvxzslnzbSpcmvg$137.4 Bil
SO
Southern CoKsbvddnjCrjwdph$80.1 Bil
DUK
Duke Energy CorpPrfvvlvbyWnrtl$75.4 Bil
NGG
National Grid PLC ADRNbcplghgYbyyz$48.5 Bil
AEP
American Electric Power Co IncDgczmlvGgnqrg$44.9 Bil
PCG
PG&E CorpNjrmkkzzKkc$44.5 Bil
D
Dominion Energy IncHkxtjtzdJzdxpz$42.3 Bil
EXC
Exelon CorpTfhfslcwnJhntbwb$37.3 Bil
PEG
Public Service Enterprise Group IncYcytqkdzNbslr$33.8 Bil
ED
Consolidated Edison IncKrdmpbqdXqccl$32.1 Bil

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