Red Electrica Corporacion SA
MAD:RED

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Red Electrica Corporacion SA Logo
Red Electrica Corporacion SA
MAD:RED
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Price: 16.47 EUR 0.37%
Market Cap: 8.9B EUR
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Red Electrica Corporacion SA
Other Assets

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Red Electrica Corporacion SA
Other Assets Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Other Assets CAGR 3Y CAGR 5Y CAGR 10Y
Red Electrica Corporacion SA
MAD:RED
Other Assets
€285.4m
CAGR 3-Years
7%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Acciona SA
MAD:ANA
Other Assets
€1.4B
CAGR 3-Years
75%
CAGR 5-Years
47%
CAGR 10-Years
33%
Iberdrola SA
MAD:IBE
Other Assets
€8.4B
CAGR 3-Years
1%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Endesa SA
MAD:ELE
Other Assets
€462m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Red Electrica Corporacion SA
Glance View

Market Cap
8.9B EUR
Industry
Utilities

Founded in 1985 and headquartered in Madrid, Red Eléctrica Corporación SA is a pivotal player in the energy sector, primarily known for its role as the operator of the Spanish electricity grid. The company functions essentially as the backbone of Spain’s power infrastructure, ensuring the reliable transmission of electricity from producers to distributors. This involves overseeing a vast network of high-voltage power lines, making certain that the electricity supply meets demand efficiently and sustainably. By maintaining and operating infrastructure that spans across the country, Red Eléctrica plays a critical role in stabilizing the Spanish power market, which is particularly challenging given the growing integration of renewable energy resources. The company generates revenue by charging grid usage fees to electricity producers, suppliers, and large-scale consumers who rely on its network for the transmission of power. In addition to its core transmission operations, Red Eléctrica has ventured into other areas such as telecommunications infrastructure and strategic international expansion. This diversification helps to hedge against market volatility and to capitalize on emerging opportunities within the energy sector. Through its efficient management of Spain's electrical grid and its strategic foray into related industries, Red Eléctrica continues to solidify its position as an indispensable component of the national and, increasingly, international energy landscape.

RED Intrinsic Value
20.59 EUR
Undervaluation 20%
Intrinsic Value
Price

See Also

What is Red Electrica Corporacion SA's Other Assets?
Other Assets
285.4m EUR

Based on the financial report for Dec 31, 2023, Red Electrica Corporacion SA's Other Assets amounts to 285.4m EUR.

What is Red Electrica Corporacion SA's Other Assets growth rate?
Other Assets CAGR 3Y
7%

Over the last year, the Other Assets growth was -1%. The average annual Other Assets growth rates for Red Electrica Corporacion SA have been 7% over the past three years .

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