EN DE
Check 35,000+ stocks against 26 valuation models and 37 quality factors
Data-driven stock valuation

Redeia Corporacion S.A. (RED) fair value: what the stock is really worth

We calculate from audited financials what Redeia Corporacion S.A. is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily.

  1. Fair value above price? No
  2. Good quality? No
  3. Add to watchlist

Utilities · ES · ISIN ES0173093024

RC Some data Sep 18, 2026

Redeia Corporacion S.A.

RED · MC

Weakest SetupStrongly overvalued and low quality.

!Fair value €9.16 · Strongly overvalued (−40%)
!Quality 49/100
!Weak Growth (revenue 5y −3.5 %/yr)
✓Highly profitable · 28.9% net margin (TTM)
!Moderate debt · negative free cash flow
·5.26% dividend yield
!Mixed vs. peers (7/14)
✓Wide moat 67/100
!Evidence only medium, so the estimate is less certain
Watch Redeia Corporacion S.A. for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free Pro now: $1 first month

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

€17.71 €11.81 Fair Value €9.16 Jul 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 18, 2026.

How to read this chart

60‑month range €11.81 – €17.71 · fair‑value band €7.39 – €11.46 · the €15.20 price screens above the €9.16 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 18, 2026.

Which stocks are undervalued right now? Check free Discover now →

Company profile

Redeia Corporación, S.A., through with its subsidiaries, engages in the management of the Spanish electricity transport network in Spain and internationally.

Show more

Redeia Corporación, S.A., through with its subsidiaries, engages in the management of the Spanish electricity transport network in Spain and internationally. The company operates through three segments: Management and Operation of Domestic Electricity Infrastructure; Management and Operation of International Electricity Infrastructure; and Telecommunications. The company is involved in electricity transmission; system operation; and management of Spanish electricity transmission grid. It operates through a transmission network of approximately 46,074 kilometers and has 99,071 MVA of transformation capacity. The company also provides advisory, engineering, and construction services; and telecommunications, financing, reinsurance, line and substation maintenance, radio spectrum, telecommunications networks and satellite communication, technical consultancy, and satellite telecommunications services. In addition, it operates and maintains electricity transmission networks; manages the construction of energy storage facilities and the water cycle; acquires, holds, manages, and administers equity securities; operates satellite communications system and provides space segment services for the geostationary orbital slots; develops and sells safety devices for personal and industrial use; and sells and leases satellites and spatial capacity, as well as sells and markets satellite capacity. The company was formerly known as Red Eléctrica Corporación, S.A. and changed its name to Redeia Corporación, S.A. in June 2023. Redeia Corporación, S.A. was incorporated in 1985 and is based in Alcobendas, Spain.

Stock analysis

Redeia Corporacion S.A. (RED) currently trades at €15.20, while our model-based Fair Value estimate is €9.16, implying the stock looks roughly 65.9% overvalued today.

Show more

Valuation

Bull case: the Multiples group reads highest at a median of €13.29 per share, and 2 of the 13 models we run sit above the €15.20 price.

Bear case: the Earnings-Based group reads lowest at €2.00, and 11 of the 13 models stay below the price. Evidence for this calculation is medium.

Scenario range: €7.39 (bear) to €11.46 (bull), the price of €15.20 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 49/100 (below-average quality), in the Utilities sector.

Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.

Redeia Corporacion S.A. reported revenue of €1.7B in FY2025 versus €2.0B in FY2021, a compound −4.0%/yr. Reported net income was €506M in FY2025, compounding −7.2%/yr from FY2021.

Key figures

Market cap €8.2B · P/E ratio 16.1 · P/S ratio 4.92 · EPS (TTM) €0.9400 · Dividend yield 5.3% · Net margin 30.5% · Return on equity 9.8% · Return on assets (EBIT) 4.7%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 47 out of 100 (low confidence).

What moves the price

The share trades about 15% below its 52-week high and 7% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Utilities peers we cover trades at −36% fair-value upside, at −40%, RED screens richer than that median.

Fair Value models

Bear €7.39 Fair Value €9.16 Bull €11.46
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (€0.1016 per share) are deliberately not added. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
Residual Income €8.41 €9.22 €11.72 76
Gordon GGM €7.49 €9.27 €11.08 69
Graham-Dodd €6.37 €10.78 €13.15 67
All 14 models by family
Earnings-Based
Graham-Dodd €6.37 €10.78 €13.15 67
EPV €0.5000 €2.00 €3.29 67
Dividend Discount
Gordon GGM €7.49 €9.27 €11.08 69
DDM Multi-Stage €7.49 €9.92 €12.81 67
Multiples
P/E Multiple €12.64 €16.85 €21.07 63
P/S Multiple €5.76 €7.68 €9.60 58
P/B Multiple €11.94 €15.92 €19.90 55
EV/EBIT €6.20 €11.26 €16.31 63
EV/EBITDA €7.73 €13.29 €18.85 65
EV/Revenue n/a n/a €1.02 50
Asset-Based
NCAV (Graham) €4.86 €6.51 €9.72 54
Economic Profit
Residual Income €8.41 €9.22 €11.72 76
ROIC Compounder €0.5000 €2.00 €3.29 67
Growth Earnings
Growth-Adj P/E €8.98 €12.83 €16.68 67

Open the full fair value analysis →

Notify me when RED reaches fair value

Put RED on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Quality Score breakdown

Overall quality 49/100

Of which business quality 45 · Market factors (momentum, volatility) 59

Profitability 38
Margins and returns on capital today
Quality Growth 28
Are margins and returns improving?
Cashflow 50
Earnings quality: real cash, not paper profit
Fin. Strength 27
Balance sheet, leverage, solvency risk
Investment 59
Disciplined investing over empire-building
Low Volatility 99
Calm price path (market factor)
Momentum 44
Price trend over the last 3–12 months (market factor)
52W Momentum 39
Distance to the 52-week high (market factor)
Net Issuance 80
Share count: buybacks or dilution?

Open the full quality analysis →

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 19/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+4.1%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−6.3%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−3.5%
Revenue growth 23 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+3.9%
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−0.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year−5.8%
Dividend (yield on the price)5.3%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−6% vs −2%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.47% → 44%
⚠ Revenue per share shrinking 1.1%/yr over ~10Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.

RED screens 66% overvalued. Compare with NextEra Energy, Inc →

Compare Redeia Corporacion S.A. with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Utilities - Regulated Electric · 156 stocks

Beats the industry median on 7/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score 49 · Above median
Fair Value upside −28% · Below median
Profitability
Return on equity (TTM) 10% · Above median
Return on assets 3% · Below median
Net margin (TTM) 29% · Top 25%
Operating margin (TTM) 43% · Top 25%
Growth and dividend
Revenue growth 7% · Above median
Dividend yield (TTM) 5.3% · Top 25%
Balance sheet
Debt / equity 1.03× · Above median

Valuation Multiplesvs Utilities - Regulated Electric median · lower = cheaper

P/E (TTM) 16.1× · Cheaper than median
P/B 1.86× · Pricier than median
P/S (TTM) 5.56× · Priciest 25%
EV/EBITDA 13.3× · Priciest 25%
PEG 4.81× · Priciest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)0 · sector 8
FUTURE (revenue growth)35 · sector 32
PAST (return on equity)39 · sector 39
HEALTH (low debt)49 · sector 53
DIVIDEND (yield)100 · sector 68

VALUE 0: the price sits above our fair-value range.

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Utilities - Regulated Electric stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
NextEra Energy, Inc NEE $81.07 $29.88 −63%
The Southern Company SO $85.95 $58.74 −32%
Duke Energy Corporation DUK $117.76 $74.89 −36%
National Grid plc NGG $76.86 $50.23 −35%
American Electric Power Company AEP $120.69 $77.23 −36%
Dominion Energy, Inc D $63.87 $37.67 −41%
Entergy Corporation ETR $102.92 $38.37 −63%
Xcel Energy Inc XEL $72.49 $44.61 −38%
Exelon Corporation EXC $42.44 $36.26 −15%
Consolidated Edison, Inc ED $105.24 $47.92 −54%

Explore undervalued stocks

More undervalued Utilities stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screenerFilter by region, size and sector Compare toolTwo stocks side by side Extrinsic Value Calculator…Calculator with industry benchmark Peter Lynch Fair Value Formula &…Calculator with industry benchmark
Run the numbers yourself: free valuation calculators
DCF CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorFama-French ModelIntrinsic Value
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Redeia Corporacion S.A. · Fair Value
€9.16 −66%Fair Value
Calculator →

Cite: Fair Value Calculator (2026). "Redeia Corporacion S.A. Fair Value". https://www.fairvalue-calculator.com/stock/RED

Frequently asked questions

Is Redeia Corporacion S.A. (RED) overvalued or undervalued?
As of Sep 18, 2026, our model estimates a fair value of €9.16 versus a price of €15.20, about −40% upside (overvalued).
What is the fair value of RED?
Our model-based fair value for Redeia Corporacion S.A. is €9.16 (as of Sep 18, 2026), built from audited fundamentals. The current price: €15.20.
What is the quality score of RED?
Redeia Corporacion S.A. has a Quality Score of 49/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Redeia Corporacion S.A. (RED)?
Our model-based price target is the fair value of €9.16 (as of Sep 18, 2026) from 14 valuation models. Cautious scenario €7.39, optimistic scenario €11.46. It is a calculation from audited fundamentals, not an analyst target.
What is the Redeia Corporacion S.A. stock forecast for 2026?
Our models put fair value at €9.16, about −40% upside versus a price of €15.20 (overvalued). Cautious scenario €7.39, optimistic scenario €11.46. The calculation is refreshed regularly with new filings.
What is the revenue of Redeia Corporacion S.A. (RED)?
Redeia Corporacion S.A. reported trailing-twelve-month revenue of about €1.8B (latest available figure, as of Sep 18, 2026).
Does Redeia Corporacion S.A. pay a dividend?
Redeia Corporacion S.A. currently shows a dividend yield of about 5.26% relative to its recent price (as of Sep 18, 2026).
What is the intrinsic value of Redeia Corporacion S.A. (RED)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Redeia Corporacion S.A. it is €9.16 per share (as of Sep 18, 2026), against a price of €15.20. It is the blended result of 14 valuation models (cash flow, earnings, asset, dividend).
Is Redeia Corporacion S.A. stock overvalued or undervalued in 2026?
As of Sep 18, 2026, RED trades above its calculated fair value: price €15.20, fair value €9.16, a gap of about −40% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of RED?
No. The price is what the market pays today (€15.20); the fair value is what the company's own numbers justify (€9.16). For Redeia Corporacion S.A. the two are €6.04 per share apart. That gap is exactly why we show both numbers side by side.
How much is Redeia Corporacion S.A. worth?
The market values Redeia Corporacion S.A. at about €8.2B (market capitalisation, as of Sep 18, 2026). Per share that is €15.20; our models calculate a fair value of €9.16 per share.
What do the bullish and bearish scenarios say about RED?
Our models span a range for Redeia Corporacion S.A.: cautious scenario €7.39, base €9.16, optimistic €11.46 per share (as of Sep 18, 2026, price €15.20). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of RED?
Redeia Corporacion S.A. trades at a price-to-earnings ratio of 16.1 (as of Sep 18, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of €9.16 is built from several models across several years. Other multiples: PEG 4.8, P/B 1.9, P/S 5.6, EV/EBITDA 13.3.
What is the PEG ratio of RED?
The PEG ratio of Redeia Corporacion S.A. is 4.81 (P/E divided by earnings growth, as of Sep 18, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Redeia Corporacion S.A. (RED)?
Balance-sheet figures for Redeia Corporacion S.A. (as of Sep 18, 2026): return on equity 9.8%, debt of 1.03 per unit of equity. They feed the Quality Score of 49/100, which measures business quality independently of the share price.
How far is RED from its 52-week high?
Redeia Corporacion S.A. trades at €15.20, about 15% below its 52-week high of €17.83 and 7% above the low of €14.15 (as of Sep 18, 2026). Distance from the high says nothing about value: that is what the fair value of €9.16 is for.
Which stocks are comparable to Redeia Corporacion S.A.?
From the same area (Utilities) we also value NextEra Energy, Inc, The Southern Company, Duke Energy Corporation, National Grid plc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Redeia Corporacion S.A. stock attractive at the current price?
The data as of Sep 18, 2026: price €15.20, calculated fair value €9.16 (−40%), Quality Score 49/100, from 14 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of RED calculated?
We run Redeia Corporacion S.A. through 14 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of €9.16, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 16.1 % above its aggregate fair value. Redeia Corporacion S.A. itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Redeia Corporacion S.A. (RED)?
The closing price on Sep 21, 2026 was €15.20. Our model-based fair value is €9.16, about −40% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Redeia Corporacion S.A. right now?
The price sits above even our optimistic bull case (€11.46). The favourable scenario is already priced in. Solid but not exceptional quality (49/100) and above fair value, neither a clear bargain nor a standout compounder.
Where does the earnings growth of Redeia Corporacion S.A. (RED) come from?
Earnings per share at Redeia Corporacion S.A. grew −2.5 % a year from 2014 to 2025. Broken into its drivers: revenue per share −0.8 %, EBIT margin −1.1 %, tax rate −0.3 %, residual (interest, one-offs) −0.3 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.

Key figures of Redeia Corporacion S.A.

How large is the market capitalisation of Redeia Corporacion S.A. (RED)?
The market capitalisation of Redeia Corporacion S.A. is €8.2B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Redeia Corporacion S.A. (RED)?
The price-to-sales ratio of Redeia Corporacion S.A. is 4.92 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Redeia Corporacion S.A. (RED)?
Earnings per share at Redeia Corporacion S.A. are €0.9400 (price ÷ EPS = P/E 16.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Redeia Corporacion S.A. (RED)?
The dividend yield of Redeia Corporacion S.A. is 5.3% (payout 85.1%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Redeia Corporacion S.A. (RED)?
The net margin of Redeia Corporacion S.A. is 30.5% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Redeia Corporacion S.A. (RED)?
The return on equity (ROE) of Redeia Corporacion S.A. is 9.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Redeia Corporacion S.A. (RED)?
On an EBIT basis the return on assets of Redeia Corporacion S.A. is 4.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Redeia Corporacion S.A. (RED)?
The operating margin of Redeia Corporacion S.A. is 43.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Redeia Corporacion S.A. (RED)?
Revenue at Redeia Corporacion S.A. is growing +6.9% versus a year earlier (3y avg −6.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Redeia Corporacion S.A. (RED)?
Earnings per share at Redeia Corporacion S.A. are growing −4.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Redeia Corporacion S.A. (RED) generate?
The free cash flow of Redeia Corporacion S.A. is −€394M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Redeia Corporacion S.A. (RED) carry?
The net debt of Redeia Corporacion S.A. is €6.2B (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed

Watch Redeia Corporacion S.A. in the live analysis

One click puts Redeia Corporacion S.A. on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.