OTCMRDEIY
Market cap9.26bUSD
Dec 20, Last price
8.51USD
1D
0.77%
1Q
-9.29%
Jan 2017
-8.79%
Name
Red Electrica Corporacion SA
Chart & Performance
Profile
Red Eléctrica Corporación, S.A. engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally. Its transmission network comprises approximately 44,687 kilometers; and has 93,871 MVA of transformation capacity. The company also provides advisory, engineering, and construction services; telecommunications infrastructure services to telecommunications operators comprising leasing of dark fiber; and line and sub-station maintenance services. In addition, it manages and constructs energy storage facilities and the water cycle; operates satellite communications system and offers space segment services for the geostationary orbital slots; sells and leases satellites and spatial capacity; and offers technical consultancy and satellite telecommunications services. The company was incorporated in 1985 and is based in Alcobendas, Spain.
IPO date
Jul 07, 1999
Employees
2,456
Domiciled in
ES
Incorporated in
ES
Valuation
Title EUR in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 2,064,071 2.43% | 2,015,036 3.18% | 1,952,958 -1.65% | |||||||
Cost of revenue | (12,461) | (17,022) | (25,681) | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 2,076,532 | 2,032,058 | 1,978,639 | |||||||
NOPBT Margin | 100.60% | 100.84% | 101.31% | |||||||
Operating Taxes | 190,453 | 188,330 | 201,793 | |||||||
Tax Rate | 9.17% | 9.27% | 10.20% | |||||||
NOPAT | 1,886,079 | 1,843,728 | 1,776,846 | |||||||
Net income | 689,640 3.75% | 664,731 -2.34% | 680,627 9.57% | |||||||
Dividends | (569,314) | (543,881) | (538,995) | |||||||
Dividend yield | 7.08% | 6.20% | 5.26% | |||||||
Proceeds from repurchase of equity | 516,499 | 989,218 | 6,075 | |||||||
BB yield | -6.42% | -11.28% | -0.06% | |||||||
Debt | ||||||||||
Debt current | 589,626 | 729,382 | 1,399,790 | |||||||
Long-term debt | 5,266,940 | 5,535,347 | 5,943,968 | |||||||
Deferred revenue | 112,082 | 746,498 | 501,836 | |||||||
Other long-term liabilities | 211,146 | 310,587 | 510,254 | |||||||
Net debt | 3,779,032 | 4,302,695 | 5,066,659 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 491,905 | 1,566,829 | 1,605,176 | |||||||
CAPEX | (956,254) | (536,185) | (555,905) | |||||||
Cash from investing activities | (66,466) | (1,641,325) | (537,638) | |||||||
Cash from financing activities | (547,198) | (708,187) | 22,323 | |||||||
FCF | 1,515,431 | 1,792,771 | 1,901,103 | |||||||
Balance | ||||||||||
Cash | 714,660 | 1,547,329 | 1,599,828 | |||||||
Long term investments | 1,362,874 | 414,705 | 677,271 | |||||||
Excess cash | 1,974,330 | 1,861,282 | 2,179,451 | |||||||
Stockholders' equity | 5,548,553 | 5,585,303 | 4,397,376 | |||||||
Invested Capital | 10,618,706 | 10,315,608 | 9,822,708 | |||||||
ROIC | 18.02% | 18.31% | 17.80% | |||||||
ROCE | 16.01% | 16.13% | 15.96% | |||||||
EV | ||||||||||
Common stock shares outstanding | 539,630 | 539,308 | 539,029 | |||||||
Price | 14.91 -8.30% | 16.26 -14.53% | 19.03 13.41% | |||||||
Market cap | 8,045,884 -8.25% | 8,769,151 -14.49% | 10,255,030 13.45% | |||||||
EV | 11,945,213 | 13,176,587 | 15,375,738 | |||||||
EBITDA | 2,614,074 | 2,577,050 | 2,500,753 | |||||||
EV/EBITDA | 4.57 | 5.11 | 6.15 | |||||||
Interest | 133,071 | 118,772 | 115,453 | |||||||
Interest/NOPBT | 6.41% | 5.84% | 5.83% |