RENE Stock Analysis: REN - Redes Energéticas | LS
Utilities - Diversified | LS, Portugal | Market Cap: 2.328m EUR | 12M Return: 22.9% | PTREL0AM0008 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 2.16M
EPS Trend: 87.7%
Rev. Trend: 92.9%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
REN - Redes Energéticas Nacionais (RENE) is a Portuguese utility company responsible for the high-voltage electricity transmission and high-pressure natural gas transport networks. The company operates under long-term concession agreements, providing a stable, regulated revenue model typical of national infrastructure operators. Beyond its core domestic market, REN manages liquefied natural gas (LNG) regasification terminals, underground storage facilities, and has expanded its transmission footprint into Chile.
The company functions as a natural monopoly within Portugal, where it is tasked with maintaining the balance between energy supply and demand. As the energy transition progresses, REN is increasingly involved in integrating renewable sources, such as offshore wave energy, into the national grid. Investors looking for deeper fundamental insights may find further utility metrics on ValueRay.
REN also operates a telecommunications segment and provides consulting and IT project services related to energy infrastructure. This diversified technical approach allows the firm to manage complex back-office operations and cross-border energy imports and exports while maintaining the physical security of Portugals critical energy assets.
- Regulated asset base growth driven by energy transition grid investments
- Cost of debt fluctuations impact net income under regulated return framework
- Portuguese regulatory weighted average cost of capital adjustments affect margins
- International expansion in Chile diversifies revenue beyond domestic utility markets
| Net Income: 187.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -5.04 > 1.0 |
| NWC/Revenue: -61.41% < 20% (prev -104.0%; Δ 42.61% < -1%) |
| CFO/TA 0.03 > 3% & CFO 187.5m > Net Income 187.5m |
| Net Debt (-12.9m) to EBITDA (531.4m): -0.02 < 3 |
| Current Ratio: 0.32 > 1.5 & < 3 |
| Outstanding Shares: last quarter (663.3m) vs 12m ago 0.0% < -2% |
| Gross Margin: 64.05% > 18% (prev 64.34%; Δ -0.29% > 0.5%) |
| Asset Turnover: 20.58% > 50% (prev 19.88%; Δ 0.69% > 0%) |
| Interest Coverage Ratio: 4.08 > 6 (EBIT TTM 260.3m / Interest Expense TTM 63.9m) |
| A: -0.12 (Total Current Assets 319.3m - Total Current Liabilities 987.9m) / Total Assets 5.40b |
| B: 0.09 (Retained Earnings 484.9m / Total Assets 5.40b) |
| C: 0.05 (EBIT TTM 260.3m / Avg Total Assets 5.29b) |
| D: 0.40 (Book Value of Equity 1.56b / Total Liabilities 3.85b) |
| Altman-Z'' = 0.24 = B |
| DSRI: 1.10 (Receivables 240.4m/205.9m, Revenue 1.09b/1.03b) |
| GMI: 1.00 (GM 64.34% / 64.05%) |
| AQI: 1.00 (AQ_t 0.91 / AQ_t-1 0.91) |
| SGI: 1.06 (Revenue 1.09b / 1.03b) |
| TATA: 0.0 (NI 187.5m - CFO 187.5m) / TA 5.40b) |
| Beneish M = -2.90 (Cap -4..+1) = A |
As of September 01, 2026, the stock is trading at EUR 3.51 with a total of 1,170,056 shares traded. Over the past week, the price has changed by -0.99%, over one month by +1.45%, over three months by -0.14% and over the past year by +22.93%.
Current recommended Stop Loss: 3.40 (which is 3.1% or 2.2 ATR below the current price).
REN - Redes Energéticas has no consensus analysts rating.
P/E Trailing = 11.7
P/E Forward = 17.8253
P/S = 2.0893
P/B = 1.5196
P/EG = 10.0784
Revenue TTM = 1.09b EUR
EBIT TTM = 260.3m EUR
EBITDA TTM = 531.4m EUR
Long Term Debt = 1.89b EUR (from longTermDebt, last quarter)
Short Term Debt = 485.5m EUR (from shortLongTermDebt, last quarter)
Debt = 5.16m EUR (Leases only: 5.16m)
Net Debt = -12.9m EUR (calculated: Debt 5.16m - CCE 18.0m)
Enterprise Value = 2.32b EUR (2.33b + Debt 5.16m - CCE 18.0m)
Interest Coverage Ratio = 4.08 (Ebit TTM 260.3m / Interest Expense TTM 63.9m)
EV/FCF = 20.24x (Enterprise Value 2.32b / FCF TTM 114.4m)
FCF Yield = 4.94% (FCF TTM 114.4m / Enterprise Value 2.32b)
FCF Margin = 10.51% (FCF TTM 114.4m / Revenue TTM 1.09b)
Net Margin = 17.22% (Net Income TTM 187.5m / Revenue TTM 1.09b)
Gross Margin = 64.05% ((Revenue TTM 1.09b - Cost of Revenue TTM 391.4m) / Revenue TTM)
Gross Margin QoQ = 60.62% (prev 83.86%)
Tobins Q-Ratio = 0.43 (Enterprise Value 2.32b / Total Assets 5.40b)
Interest Expense / Debt = 1.24k% (Interest Expense 63.9m / Debt 5.16m)
Taxrate = 12.84% (29.7m / 231.0m)
NOPAT = 226.9m (EBIT 260.3m * (1 - 12.84%))
Current Ratio = 0.32 (Total Current Assets 319.3m / Total Current Liabilities 987.9m)
Debt / Equity = 0.00 (Debt 5.16m / totalStockholderEquity, last quarter 1.56b)
Debt / EBITDA = -0.02 (Net Debt -12.9m / EBITDA 531.4m)
Debt / FCF = -0.11 (Net Debt -12.9m / FCF TTM 114.4m)
Total Stockholder Equity = 1.54b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.54% (Net Income 187.5m / Total Assets 5.40b)
RoE = 12.20% (Net Income TTM 187.5m / Total Stockholder Equity 1.54b)
RoCE = 7.60% (EBIT 260.3m / Capital Employed (Equity 1.54b + L.T.Debt 1.89b))
RoIC = 5.16% (NOPAT 226.9m / Invested Capital 4.40b)
WACC = 5.35% (E(2.33b)/V(2.33b) * Re(5.36%) + (debt cost/tax rate unavailable))
Discount Rate = 5.36% (= CAPM, Blume Beta Adj.)
[DCF] Terminal Value 73.10% ; FCFF base≈216.8m ; Y1≈190.1m ; Y5≈153.6m
[DCF] Fair Price = 3.74 (EV 2.47b - Net Debt -12.9m = Equity 2.48b / Shares 663.3m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 87.66 | EPS CAGR: 19.20% | SUE: N/A | # QB: 0
Revenue Correlation: 92.88 | Revenue CAGR: 6.01% | SUE: 0.45 | # QB: 0
EPS current Year (2026-12-31): EPS=0.25 | Chg30d=+6.39% | Revisions=+40% | GrowthEPS=+3.5% | GrowthRev=+3.0%
EPS next Year (2027-12-31): EPS=0.24 | Chg30d=+0.94% | Revisions=+25% | GrowthEPS=-4.7% | GrowthRev=+3.1%
[Analyst] Revisions Ratio: +50% (up=3, down=0)