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REN - Redes Energéticas Nacionais, SGPS, S.A. (RENE.LS)

EUR3.67 -0.02 (-0.41%)
PT LIS Utilities Diversified Utilities
Address Avenida Estados Unidos da América, 55 1749-061
Lisbon, PT
CEO Rodrigo Jorge de Araújo Costa
Website ren.pt
IPO 2007-07-10
ISIN PTREL0AM0008

Explore sections of this company profile

Description

REN - Redes Energéticas Nacionais, SGPS, S.A. is a pivotal entity in Portugal's energy landscape, primarily dedicated to the transmission of electricity and natural gas. The company's operations are structured across two main divisions: Electricity and Gas, and Telecommunications. Within its Electricity segment, REN functions as the operator of the national electricity transmission network. Its responsibilities encompass the acquisition, sale, import, and export of electricity. Additionally, it manages a concession for a pilot project focused on generating power from ocean waves. The Gas segment involves the purchase, sale, import, and export of natural gas. REN oversees the maintenance and regasification facilities for liquefied natural gas (LNG) terminals and manages various projects and ventures within the natural gas industry. Furthermore, it offers services for the development, upkeep, and operation of underground gas storage, alongside providing natural gas transport, management, and distribution. Beyond its core energy activities, the company also operates a telecommunications network. REN extends its services to include communication and sustainability consulting, marketing, business management, business development, and IT project solutions. The company engages in investments in diverse assets, shares, companies, and associations. Internationally, REN is active in Chile, participating in the transmission and transformation of electricity, and involved in the financing, collaboration, and management of local businesses. It also handles various back-office functions. As of December 31, 2021, REN's extensive infrastructure included a national electricity transmission system with 8,907 kilometers of lines, 70 transformer substations, and 17 switching and transition stations. Its national natural gas transmission network comprised 1,375 kilometers of high-pressure pipelines, supported by 66 junction stations for branching, 45 block valve stations, 5 T-branch interconnection stations, 85 gas pressure regulating and metering stations, and 2 custody transfer stations. Founded in 1994, REN is headquartered in Lisbon, Portugal.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
EUR3.67 -0.02 (-0.41%)
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Volume Profile
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Liquidity & share structure
Average Volume
668.8K
Beta
0.26
Float Shares
383.05M
Free Float %
57.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.28% -3.34% -8.02% -2.30% +7.27% +12.27% +35.39% +42.32% +56.49% +47.55% +9.55%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
3.67
DCF (Unlevered) 13.17 +259.3%
DCF (Levered) 10.13 +176.3%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 56% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 5 0
Hold 2 0
Sell 1 0
Strong Sell 1 0
Quality scores
Altman Z-Score
0.73
Distress
Piotroski F-Score
6 / 9
Average
MOAT Score
6 / 10
Developing
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
4 / 5
High
ROA Score
4 / 5
High
D/E Score
2 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Diversified Utilities: +5.3%
    +7.0% Q1'26: +1.9% (vs Q1'25)
  • EPS growth Diversified Utilities: +4.4%
    +4.4% Q1'26: +129.4% (vs Q1'25)
  • FCF margin FCF growth · Diversified Utilities: +8.5%
    +29.0% Q1'26: +43.2% (vs Q1'25)
  • EBIT margin Diversified Utilities: +20.5%
    +22.7% Q1'26: +30.9% (vs Q1'25)
  • ROIC Diversified Utilities: +4.5%
    +4.6% Q1'26: +4.4% (vs Q1'25)
  • Share dilution Diversified Utilities: -0.2%
    +0.4% Q1'26: +9.2% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Diversified Utilities: 3.55×
    4.99× Q1'26: 4.33× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.26) × ERP
WACC = 49% × Ke + 51% × Kd (4.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 13.17 Current price: 3.67
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2011
actual
Dec 2012
actual
Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
7 Rev. Ana.
6 EPS Ana.
Dec 2027
8 Rev. Ana.
6 EPS Ana.
Dec 2028
7 Rev. Ana.
7 EPS Ana.
Dec 2029
3 Rev. Ana.
2 EPS Ana.
Dec 2030
6 Rev. Ana.
5 EPS Ana.
Revenue
880.09M
est: 1.01B (-13.0%)
761.86M
est: 897.63M (-15.1%)
738.18M
est: 831.06M (-11.2%)
713.64M
est: 818.19M (-12.8%)
759.70M
est: 771.15M (-1.5%)
700.46M
est: 736.74M (-4.9%)
698.18M
est: 757.67M (-7.9%)
669.84M
est: 734.32M (-8.8%)
730.42M
est: 737.54M (-1.0%)
705.33M
est: 745.58M (-5.4%)
781.09M
est: 783.99M (-0.4%)
763.32M
est: 847.78M (-10.0%)
947.88M
est: 954.52M (-0.7%)
982.87M
est: 988.27M (-0.5%)
1.05B
est: 1.03B (+1.6%)
1.10B
988.53M – 1.15B
+6.3% YoY
1.15B
1.04B – 1.23B
+4.6% YoY
1.19B
1.18B – 1.20B
+3.4% YoY
1.20B
1.09B – 1.27B
+1.0% YoY
1.22B
1.10B – 1.29B
+1.6% YoY
EBITDA
455.09M
est: 130.44M (+248.9%)
510.67M
est: 75.17M (+579.4%)
539.71M
est: 39.44M (+1,268.4%)
487.37M
est: 66.45M (+633.4%)
451.13M
est: 49.62M (+809.1%)
458.08M
est: 56.41M (+712.1%)
465.28M
est: 78.32M (+494.1%)
465.73M
est: 112.06M (+315.6%)
496.14M
est: 115.05M (+331.2%)
479.90M
est: 118.94M (+303.5%)
464.05M
est: 119.01M (+289.9%)
492.55M
est: 120.51M (+308.7%)
539.40M
est: 524.96M (+2.8%)
452.71M
est: 541.13M (-16.3%)
505.44M
est: 569.07M (-11.2%)
605.16M
543.66M – 629.77M
+6.3% YoY
632.86M
574.51M – 675.57M
+4.6% YoY
654.09M
648.93M – 659.25M
+3.4% YoY
660.79M
596.82M – 696.73M
+1.0% YoY
671.24M
606.26M – 707.75M
+1.6% YoY
EBIT
283.65M
est: 397.50M (-28.6%)
322.57M
est: 251.33M (+28.3%)
338.11M
est: 291.27M (+16.1%)
317.66M
est: 315.34M (+0.7%)
289.98M
est: 287.11M (+1.0%)
269.50M
est: 268.43M (+0.4%)
276.72M
est: 269.12M (+2.8%)
265.45M
est: 258.75M (+2.6%)
260.51M
est: 258.14M (+0.9%)
238.73M
est: 254.61M (-6.2%)
222.11M
est: 254.75M (-12.8%)
243.27M
est: 257.96M (-5.7%)
286.20M
est: 254.53M (+12.4%)
198.02M
est: 263.47M (-24.8%)
238.47M
est: 275.93M (-13.6%)
293.42M
263.60M – 305.35M
+6.3% YoY
306.85M
278.56M – 327.56M
+4.6% YoY
317.15M
314.64M – 319.65M
+3.4% YoY
320.40M
289.38M – 337.82M
+1.0% YoY
325.46M
293.96M – 343.17M
+1.6% YoY
Net Income
120.59M
est: 175.03M (-31.1%)
123.89M
est: 107.03M (+15.8%)
121.30M
est: 114.71M (+5.7%)
112.78M
est: 119.42M (-5.6%)
116.12M
est: 106.88M (+8.6%)
100.18M
est: 111.28M (-10.0%)
125.93M
est: 103.01M (+22.3%)
115.72M
est: 122.47M (-5.5%)
118.90M
est: 115.97M (+2.5%)
109.25M
est: 120.91M (-9.6%)
97.15M
est: 120.98M (-19.7%)
111.77M
est: 128.95M (-13.3%)
149.24M
est: 134.80M (+10.7%)
152.51M
est: 122.52M (+24.5%)
159.81M
est: 159.81M (+0.0%)
160.85M
134.43M – 175.64M
+0.6% YoY
160.34M
138.69M – 170.80M
-0.3% YoY
154.57M
119.45M – 172.54M
-3.6% YoY
156.52M
136.82M – 167.58M
+1.3% YoY
162.48M
142.03M – 173.96M
+3.8% YoY
SGA
est: 81.25M (-100.0%)
39.03M
est: 42.86M (-9.0%)
32.16M
est: 103.69M (-69.0%)
28.37M
est: 92.05M (-69.2%)
28.53M
est: 89.65M (-68.2%)
30.91M
est: 91.93M (-66.4%)
40.81M
est: 97.89M (-58.3%)
42.30M
est: 106.78M (-60.4%)
43.62M
est: 116.11M (-62.4%)
48.30M
est: 118.43M (-59.2%)
58.64M
est: 118.49M (-50.5%)
64.74M
est: 119.98M (-46.0%)
6.20M
est: 37.41M (-83.4%)
6.07M
est: 38.56M (-84.3%)
24.55M
est: 40.55M (-39.5%)
43.12M
38.74M – 44.88M
+6.3% YoY
45.10M
40.94M – 48.14M
+4.6% YoY
46.61M
46.24M – 46.98M
+3.4% YoY
47.09M
42.53M – 49.65M
+1.0% YoY
47.83M
43.20M – 50.43M
+1.6% YoY
EPS
0.22
est: 0.24 (-7.3%)
0.22
est: 0.24 (-9.6%)
0.22
est: 0.22 (+0.6%)
0.20
est: 0.20 (-1.4%)
0.21
est: 0.19 (+10.3%)
0.18
est: 0.19 (-2.9%)
0.19
est: 0.21 (-11.4%)
0.17
est: 0.18 (-5.1%)
0.18
est: 0.19 (-4.2%)
0.16
est: 0.16 (-2.2%)
0.15
est: 0.16 (-8.6%)
0.17
est: 0.18 (-6.4%)
0.22
est: 0.20 (+8.3%)
0.23
est: 0.19 (+21.6%)
0.24
est: 0.21 (+12.3%)
0.24
0.20 – 0.26
+10.7% YoY
0.24
0.21 – 0.26
+1.4% YoY
0.23
0.18 – 0.26
-5.7% YoY
0.24
0.21 – 0.25
+3.9% YoY
0.24
0.21 – 0.26
+3.8% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-08 A- 4/5 5/5 4/5 4/5 2/5 3/5 3/5
2026-05-07 A- 4/5 5/5 4/5 4/5 2/5 3/5 3/5
2026-05-06 A- 4/5 5/5 4/5 4/5 2/5 3/5 3/5
2026-05-05 A- 4/5 5/5 4/5 4/5 2/5 3/5 3/5
2026-05-04 A- 4/5 5/5 4/5 4/5 2/5 3/5 3/5
2026-04-30 A- 4/5 5/5 4/5 4/5 2/5 3/5 3/5
2026-04-29 A- 4/5 5/5 4/5 4/5 1/5 3/5 3/5
2026-04-28 A- 4/5 5/5 4/5 4/5 1/5 3/5 3/5
2026-04-27 B+ 3/5 5/5 3/5 4/5 1/5 3/5 3/5
2026-04-24 B+ 3/5 5/5 3/5 4/5 1/5 3/5 3/5
2026-04-23 B+ 3/5 5/5 3/5 4/5 1/5 3/5 3/5
2026-04-22 B+ 3/5 5/5 3/5 4/5 1/5 3/5 3/5
2026-04-21 B+ 3/5 5/5 3/5 4/5 1/5 3/5 3/5
2026-04-20 B+ 3/5 5/5 3/5 4/5 1/5 3/5 3/5
2026-04-17 B+ 3/5 5/5 3/5 4/5 1/5 3/5 3/5
2026-04-16 B+ 3/5 5/5 3/5 4/5 1/5 3/5 3/5
2026-04-15 B+ 3/5 5/5 3/5 4/5 1/5 3/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
295.28M
OE per share TTM
0.44
Owner's Yield
11.29%
Maintenance CapEx ratio
1.71%
Maint CapEx / Avg PPE
15.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
310.1K
Shares Outstanding
663.31M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Rodrigo Jorge de Araújo Costa Chairman of the Board & Chief Executive Officer 664.8K male
João Caetano Carreira Faria Conceição Chief Operating Officer & Executive Director 526.6K male
Gonçalo João Figueira Morais Soares Chief Financial Officer & Executive Director 526.6K male
Marta Almeida Afonso Manager of Legal Services & Company Secretary female
Nuno Ribeiro Manager of Investment
Teresa Barreiros Manager of Human Resources
Ana Margarida Ferreirinha da Silva Baptista Moreira Rato Head of Communications & Sustainability
Zhang Xin Chief Technical Officer
Brígida Palma Manager of Control, Accounting & Tax female
Madalena Garrido Director of Investor Relations female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits