PINX: RDEIF
- Last Close 17.31
- Sector Utilities
- Industry Utilities - Regulated Electric
- Investment Style Mid Value
- Day Range 17.31 – 17.31
- Year Range 15.06 – 20.00
- Market Cap 9.3401 Bil
- Volume / Avg 100.0 / 1,441.7
- Price / Sales 4.31
- Price / Book 1.81
- Forward Div Yield 6.14%
- Trailing Div Yield 5.78%
Morningstar‘s Stock Analysis RDEIF
1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings 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. Click here for more on how to use these ratings.
Company Profile RDEIF
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.
Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of RDEIF’s competitive advantage.
Red Electrica Corporacion SA
PINX: RDEIF
| SSE PLC
XLON: SSE
| National Grid PLC
XLON: NG.
| |
Price
| 17.31 | 1,833.50 | 1,089.50 |
Currency
| USD | GBX | GBX |
Change
| −$1.03 (5.62%) | −$24.00 (1.29%) | +$6.00 (0.55%) |
Market Cap
| 9.34 Bil | 2.00 Tril | 4.01 Tril |
Industry
| Utilities - Regulated Electric | Utilities - Diversified | Utilities - Regulated Electric |
Sector
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Utilities
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Utilities
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* Trading data in this section is delayed by at least 15 minutes.
FAQs for Red Electrica Corporacion SA Stock
Yes. RDEIF has a forward dividend yield of 6.08%.
See
RDEIF’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
RDEIF’s market cap is 9.34 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
RDEIF’s stock style is Mid Value.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
RDEIF’s price/sales is 4.41.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
RDEIF’s price/forward earnings is 13.39.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
RDEIF’s price/book is 1.82.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See RDEIF’s valuation ratios compared to the Market Index.
RDEIF’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare RDEIF’s historical performance against its industry peers and the overall market.