REDES ENERGETICAS NACIONAIS (RENE.LS) Stock Fundamental Analysis
ELI:RENE - Euronext Lisbon - PTREL0AM0008 - Common Stock - Currency: EUR
RENE gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 13 industry peers in the Multi-Utilities industry. RENE scores excellent on profitability, but there are concerns on its financial health. RENE has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
RENE had positive earnings in the past year.
In the past year RENE had a positive cash flow from operations.
Each year in the past 5 years RENE has been profitable.
Of the past 5 years RENE 4 years had a positive operating cash flow.
1.2 Ratios
RENE's Return On Assets of 3.86% is fine compared to the rest of the industry. RENE outperforms 69.23% of its industry peers.
Looking at the Return On Equity, with a value of 12.94%, RENE is in the better half of the industry, outperforming 61.54% of the companies in the same industry.
With an excellent Return On Invested Capital value of 8.00%, RENE belongs to the best of the industry, outperforming 84.62% of the companies in the same industry.
RENE had an Average Return On Invested Capital over the past 3 years of 5.36%. This is in line with the industry average of 6.44%.
The last Return On Invested Capital (8.00%) for RENE is above the 3 year average (5.36%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.86% | ||
| ROE | 12.94% | ||
| ROIC | 8% |
ROA(3y)2.39%
ROA(5y)2.2%
ROE(3y)9.02%
ROE(5y)8.34%
ROIC(3y)5.36%
ROIC(5y)4.97%
1.3 Margins
The Profit Margin of RENE (13.30%) is better than 92.31% of its industry peers.
RENE's Profit Margin has been stable in the last couple of years.
RENE's Operating Margin of 24.61% is amongst the best of the industry. RENE outperforms 92.31% of its industry peers.
RENE's Operating Margin has declined in the last couple of years.
RENE has a better Gross Margin (70.43%) than 92.31% of its industry peers.
RENE's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.61% | ||
| PM (TTM) | 13.3% | ||
| GM | 70.43% |
OM growth 3Y-3.06%
OM growth 5Y-5.7%
PM growth 3Y8.45%
PM growth 5Y-0.44%
GM growth 3Y-2.57%
GM growth 5Y-2.77%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so RENE is still creating some value.
Compared to 1 year ago, RENE has about the same amount of shares outstanding.
The number of shares outstanding for RENE remains at a similar level compared to 5 years ago.
Compared to 1 year ago, RENE has about the same debt to assets ratio.
2.2 Solvency
RENE has an Altman-Z score of 0.87. This is a bad value and indicates that RENE is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.87, RENE is not doing good in the industry: 69.23% of the companies in the same industry are doing better.
RENE has a debt to FCF ratio of 6.51. This is a slightly negative value and a sign of low solvency as RENE would need 6.51 years to pay back of all of its debts.
RENE's Debt to FCF ratio of 6.51 is amongst the best of the industry. RENE outperforms 100.00% of its industry peers.
RENE has a Debt/Equity ratio of 1.03. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of RENE (1.03) is better than 92.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.03 | ||
| Debt/FCF | 6.51 | ||
| Altman-Z | 0.87 |
ROIC/WACC1.38
WACC5.81%
2.3 Liquidity
A Current Ratio of 0.33 indicates that RENE may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.33, RENE is doing worse than 92.31% of the companies in the same industry.
A Quick Ratio of 0.33 indicates that RENE may have some problems paying its short term obligations.
RENE has a Quick ratio of 0.33. This is amonst the worse of the industry: RENE underperforms 92.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.33 | ||
| Quick Ratio | 0.33 |
3. Growth
3.1 Past
RENE shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.91%.
The Earnings Per Share has been growing slightly by 5.29% on average over the past years.
RENE shows a small growth in Revenue. In the last year, the Revenue has grown by 5.94%.
The Revenue has been growing slightly by 5.57% on average over the past years.
EPS 1Y (TTM)7.91%
EPS 3Y16.26%
EPS 5Y5.29%
EPS Q2Q%N/A
Revenue 1Y (TTM)5.94%
Revenue growth 3Y7.16%
Revenue growth 5Y5.57%
Sales Q2Q%14.01%
3.2 Future
RENE is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -3.05% yearly.
Based on estimates for the next years, RENE will show a small growth in Revenue. The Revenue will grow by 0.06% on average per year.
EPS Next Y2.56%
EPS Next 2Y2.95%
EPS Next 3Y2.5%
EPS Next 5Y-3.05%
Revenue Next Year3.99%
Revenue Next 2Y3.82%
Revenue Next 3Y4.14%
Revenue Next 5Y0.06%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 10.57, which indicates a very decent valuation of RENE.
Based on the Price/Earnings ratio, RENE is valued a bit cheaper than 69.23% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.21, RENE is valued rather cheaply.
RENE is valuated correctly with a Price/Forward Earnings ratio of 14.54.
RENE's Price/Forward Earnings ratio is rather expensive when compared to the industry. RENE is more expensive than 84.62% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of RENE to the average of the S&P500 Index (21.70), we can say RENE is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.57 | ||
| Fwd PE | 14.54 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of RENE indicates a rather cheap valuation: RENE is cheaper than 100.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.67 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of RENE may justify a higher PE ratio.
PEG (NY)4.12
PEG (5Y)2
EPS Next 2Y2.95%
EPS Next 3Y2.5%
5. Dividend
5.1 Amount
RENE has a Yearly Dividend Yield of 5.20%, which is a nice return.
Compared to an average industry Dividend Yield of 5.12, RENE pays a bit more dividend than its industry peers.
RENE's Dividend Yield is rather good when compared to the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.2% |
5.2 History
The dividend of RENE decreases each year by -2.07%.
Dividend Growth(5Y)-2.07%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
50.42% of the earnings are spent on dividend by RENE. This is a bit on the high side, but may be sustainable.
The Dividend Rate of RENE has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP50.42%
EPS Next 2Y2.95%
EPS Next 3Y2.5%
ELI:RENE (7/1/2025, 7:00:00 PM)
3.065
+0.04 (+1.32%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)
Earnings (Next)
Inst Owners26.1%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap2.04B
Analysts76.92
Price Target3.06 (-0.16%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.2% |
Yearly Dividend0.15
Dividend Growth(5Y)-2.07%
DP50.42%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)6.06%
PT rev (3m)6.6%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.57 | ||
| Fwd PE | 14.54 | ||
| P/S | 1.34 | ||
| P/FCF | 5.67 | ||
| P/OCF | 2.88 | ||
| P/B | 1.31 | ||
| P/tB | N/A | ||
| EV/EBITDA | N/A |
EPS(TTM)0.29
EY9.46%
EPS(NY)0.21
Fwd EY6.88%
FCF(TTM)0.54
FCFY17.65%
OCF(TTM)1.06
OCFY34.75%
SpS2.28
BVpS2.35
TBVpS-3.99
PEG (NY)4.12
PEG (5Y)2
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.86% | ||
| ROE | 12.94% | ||
| ROCE | 9.27% | ||
| ROIC | 8% | ||
| ROICexc | 8.1% | ||
| ROICexgc | N/A | ||
| OM | 24.61% | ||
| PM (TTM) | 13.3% | ||
| GM | 70.43% | ||
| FCFM | 23.69% |
ROA(3y)2.39%
ROA(5y)2.2%
ROE(3y)9.02%
ROE(5y)8.34%
ROIC(3y)5.36%
ROIC(5y)4.97%
ROICexc(3y)5.82%
ROICexc(5y)5.45%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)6.21%
ROCE(5y)5.75%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y2.25%
ROICexc growth 5Y0.7%
OM growth 3Y-3.06%
OM growth 5Y-5.7%
PM growth 3Y8.45%
PM growth 5Y-0.44%
GM growth 3Y-2.57%
GM growth 5Y-2.77%
F-Score5
Asset Turnover0.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.03 | ||
| Debt/FCF | 6.51 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 22.95% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 178.17% | ||
| Current Ratio | 0.33 | ||
| Quick Ratio | 0.33 | ||
| Altman-Z | 0.87 |
F-Score5
WACC5.81%
ROIC/WACC1.38
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)26.47%
Cap/Sales(5y)25.19%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)7.91%
EPS 3Y16.26%
EPS 5Y5.29%
EPS Q2Q%N/A
EPS Next Y2.56%
EPS Next 2Y2.95%
EPS Next 3Y2.5%
EPS Next 5Y-3.05%
Revenue 1Y (TTM)5.94%
Revenue growth 3Y7.16%
Revenue growth 5Y5.57%
Sales Q2Q%14.01%
Revenue Next Year3.99%
Revenue Next 2Y3.82%
Revenue Next 3Y4.14%
Revenue Next 5Y0.06%
EBIT growth 1Y-6.65%
EBIT growth 3Y3.89%
EBIT growth 5Y-0.44%
EBIT Next Year106.64%
EBIT Next 3Y31.37%
EBIT Next 5Y17.81%
FCF growth 1Y1089.12%
FCF growth 3Y-13.59%
FCF growth 5Y13.81%
OCF growth 1Y190.98%
OCF growth 3Y-3.92%
OCF growth 5Y12.52%