Redeia/€RED
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09:10
12:45
16:25
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About Redeia
Redeia Corporación, S.A., known as Redeia, is a prominent operator in the power sector primarily involved in electric power transmission and system management of transmission networks in Spain and internationally. Established in 1985, the company operates under the ticker symbol RED on the Madrid Stock Exchange. Redeia's primary objective is to ensure efficient and reliable operation and development of the national electricity system, providing critical infrastructure for energy distribution.
Ticker
€RED
Sector
Primary listing
BME
Employees
2,030
Headquarters
Website
Redeia Metrics
BasicAdvanced
€8.8B
24.09
€0.68
0.54
€0.65
3.95%
Price and volume
Market cap
€8.8B
Beta
0.54
52-week high
€19.51
52-week low
€15.66
Average daily volume
2.2K
Dividend rate
€0.65
Financial strength
Current ratio
1.03
Quick ratio
0.641
Long term debt to equity
91.422
Total debt to equity
91.507
Dividend payout ratio (TTM)
145.37%
Interest coverage (TTM)
4.40%
Profitability
EBITDA (TTM)
1,174.747
Gross margin (TTM)
98.42%
Net profit margin (TTM)
21.52%
Operating margin (TTM)
36.30%
Effective tax rate (TTM)
21.96%
Revenue per employee (TTM)
€830,000
Management effectiveness
Return on assets (TTM)
2.53%
Return on equity (TTM)
10.04%
Valuation
Price to earnings (TTM)
24.095
Price to revenue (TTM)
5.28
Price to book
1.73
Price to tangible book (TTM)
1.9
Price to free cash flow (TTM)
-13.532
Free cash flow yield (TTM)
-7.39%
Free cash flow per share (TTM)
-1.211
Dividend yield (TTM)
3.95%
Growth
Revenue change (TTM)
2.26%
Earnings per share change (TTM)
-39.17%
3-year revenue growth (CAGR)
-6.36%
10-year revenue growth (CAGR)
-1.30%
3-year earnings per share growth (CAGR)
-18.75%
10-year earnings per share growth (CAGR)
-3.14%
3-year dividend per share growth (CAGR)
-15.66%
10-year dividend per share growth (CAGR)
-2.40%
What the Analysts think about Redeia
Analyst ratings (Buy, Hold, Sell) for Redeia stock.
Bulls say / Bears say
Redeia’s strategic plan through June 30, 2025 calls for record investments to modernise and expand its transmission network, setting the stage for sustained volume and revenue growth.
Renewables made up nearly half of Spain’s electricity output in 2023, boosting the need for reliable grid transport and supporting Redeia’s core business volumes.
Spain's regulator has proposed raising guaranteed returns on grid investments from 5.58% to 6.46% for 2026–2031, which would significantly improve Redeia's regulated income and cash flow stability.
The large-scale Iberian blackout on April 28, 2025 exposed key weaknesses in Redeia's grid operations, bringing reputational risks and possible compensation liabilities.
Regulators are scrutinising Redeia and the company could face legal action after contesting the Spanish government's findings on blackout miscalculations, increasing the risk of fines and operational hurdles.
Aelec, the industry lobby, argues that the proposed 6.46% return is still lower than rates in other European countries, raising regulatory uncertainty and potentially discouraging new investment as well as lifting Redeia's financing costs.
Data summarised monthly by Lightyear AI. Last updated on 2 Sept 2025.
Redeia Financial Performance
Revenues and expenses
Redeia Earnings Performance
Company profitability
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.
Capital at risk
Upcoming events
No upcoming events
FAQs
What’s the current market cap for Redeia stock?
Redeia (RED) has a market cap of €8.8B as of September 18, 2025.
What is the P/E ratio for Redeia stock?
The price to earnings (P/E) ratio for Redeia (RED) stock is 24.09 as of September 18, 2025.
Does Redeia stock pay dividends?
Yes, the Redeia (RED) stock pays dividends to shareholders. As of September 18, 2025, the dividend rate is €0.648 and the yield is 3.95%. Redeia has a payout ratio of 145.37% on a trailing twelve-month basis.
When is the next Redeia dividend payment date?
The next Redeia (RED) dividend payment date is unconfirmed.
What is the beta indicator for Redeia?
Redeia (RED) has a beta rating of 0.54. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.