Redeia Corporacion SA RDEIF
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.
Trading Information
- Previous Close Price
- $16.53
- Day Range
- $17.10–17.10
- 52-Week Range
- $15.80–18.34
- Bid/Ask
- $16.09 / $17.33
- Market Cap
- $9.23 Bil
- Volume/Avg
- 650 / 3,290
Key Statistics
- Price/Earnings (Normalized)
- 13.46
- Price/Sales
- 4.24
- Dividend Yield (Trailing)
- 6.38%
- Dividend Yield (Forward)
- 6.38%
- Total Yield
- 6.38%
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
- Website
- https://www.ree.es
Competitors
Valuation
|
Metric
|
RDEIF
|
SSE
|
NGG
|
|---|---|---|---|
Price/Earnings (Normalized) | 13.46 | 10.41 | 16.09 |
Price/Book Value | 1.60 | 2.22 | 1.37 |
Price/Sales | 4.24 | 1.53 | 1.94 |
Price/Cash Flow | 8.78 | 7.56 | 8.68 |
Price/Earnings
RDEIF
SSE
NGG
Financial Strength
|
Metric
|
RDEIF
|
SSE
|
NGG
|
|---|---|---|---|
Quick Ratio | — | 0.74 | 0.64 |
Current Ratio | 1.44 | 0.91 | 0.93 |
Interest Coverage | 6.86 | 2.78 | 2.81 |
Quick Ratio
RDEIF
SSE
NGG
Profitability
|
Metric
|
RDEIF
|
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
RDEIF
SSE
NGG
Utilities - Regulated Electric Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
NEE
| NextEra Energy Inc | Ccgdbrdcr | Xzljd | $137.4 Bil | |
SO
| Southern Co | Rsltwfcvgh | Ncxnyj | $81.4 Bil | |
DUK
| Duke Energy Corp | Yzgfnmxlj | Vszcrz | $76.4 Bil | |
NGG
| National Grid PLC ADR | Csdbgppy | Rndmf | $48.5 Bil | |
AEP
| American Electric Power Co Inc | Rdjvjgx | Qgjyph | $45.5 Bil | |
PCG
| PG&E Corp | Lpzlgvzx | Hnhx | $44.6 Bil | |
D
| Dominion Energy Inc | Tbklqgzk | Xbwtmyp | $42.7 Bil | |
EXC
| Exelon Corp | Gwmpprkh | Pwmcmq | $37.7 Bil | |
PEG
| Public Service Enterprise Group Inc | Yxrhmfhb | Mqgqvzw | $33.5 Bil | |
ED
| Consolidated Edison Inc | Qfzcylsdw | Jwhp | $32.5 Bil |