REN - Redes Energéticas Nacionais SGPS S.A
REN - Redes Energéticas Nacionais, SGPS, S.A., together with its subsidiaries, engages in the transmission of electricity and natural gas in Portugal. It operates in two segments, Electricity and Gas; and Telecommunications. The company operates as a national electricity transmission network; purchases, sells, imports, and exports electricity and natural gas; manages a concession to operate a pil… Read more
REN - Redes Energéticas Nacionais SGPS S.A (RENE) - Net Assets
Latest net assets as of September 2025: €1.51 Billion EUR
Based on the latest financial reports, REN - Redes Energéticas Nacionais SGPS S.A (RENE) has net assets worth €1.51 Billion EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€5.24 Billion) and total liabilities (€3.74 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.51 Billion |
| % of Total Assets | 28.72% |
| Annual Growth Rate | 2.92% |
| 5-Year Change | 10.24% |
| 10-Year Change | 33.64% |
| Growth Volatility | 5.83 |
REN - Redes Energéticas Nacionais SGPS S.A - Net Assets Trend (2003–2024)
This chart illustrates how REN - Redes Energéticas Nacionais SGPS S.A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for REN - Redes Energéticas Nacionais SGPS S.A (2003–2024)
The table below shows the annual net assets of REN - Redes Energéticas Nacionais SGPS S.A from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €1.55 Billion | +2.63% |
| 2023-12-31 | €1.51 Billion | -0.36% |
| 2022-12-31 | €1.52 Billion | +7.64% |
| 2021-12-31 | €1.41 Billion | +0.15% |
| 2020-12-31 | €1.41 Billion | -2.66% |
| 2019-12-31 | €1.45 Billion | -1.21% |
| 2018-12-31 | €1.46 Billion | +2.42% |
| 2017-12-31 | €1.43 Billion | +23.29% |
| 2016-12-31 | €1.16 Billion | -0.18% |
| 2015-12-31 | €1.16 Billion | +2.27% |
| 2014-12-31 | €1.14 Billion | +5.19% |
| 2013-12-31 | €1.08 Billion | +5.06% |
| 2012-12-31 | €1.03 Billion | -0.95% |
| 2011-12-31 | €1.04 Billion | +1.52% |
| 2010-12-31 | €1.02 Billion | +2.54% |
| 2009-12-31 | €996.60 Million | -1.49% |
| 2008-12-31 | €1.01 Billion | +0.53% |
| 2007-12-31 | €1.01 Billion | -3.20% |
| 2006-12-31 | €1.04 Billion | +12.43% |
| 2005-12-31 | €924.69 Million | +7.23% |
| 2004-12-31 | €862.33 Million | +1.76% |
| 2003-12-31 | €847.41 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to REN - Redes Energéticas Nacionais SGPS S.A's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 40.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €440.21 Million | 28.37% |
| Other Components | €1.11 Billion | 71.63% |
| Total Equity | €1.55 Billion | 100.00% |
REN - Redes Energéticas Nacionais SGPS S.A Competitors by Market Cap
The table below lists competitors of REN - Redes Energéticas Nacionais SGPS S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Newell Brands Inc.
LSE:0K7J
|
$1.52 Billion |
|
Jeudan
CO:JDAN
|
$1.52 Billion |
|
Hangjin Technology Co Ltd
SHE:000818
|
$1.52 Billion |
|
Hunan TV & Broadcast Intermediary Co Ltd
SHE:000917
|
$1.52 Billion |
|
Sanbo Hospital Management Group Ltd. A
SHE:301293
|
$1.52 Billion |
|
Heilongjiang Agriculture Co Ltd
SHG:600598
|
$1.52 Billion |
|
FOCI Fiber Optic Communications
TWO:3363
|
$1.52 Billion |
|
China Power International Development Limited
F:HPD
|
$1.52 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in REN - Redes Energéticas Nacionais SGPS S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,512,116,000 to 1,551,891,000, a change of 39,775,000 (2.6%).
- Net income of 152,512,000 contributed positively to equity growth.
- Dividend payments of 102,150,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €152.51 Million | +9.83% |
| Dividends Paid | €102.15 Million | -6.58% |
| Other Changes | €-10.59 Million | -0.68% |
| Total Change | €- | 2.63% |
Book Value vs Market Value Analysis
This analysis compares REN - Redes Energéticas Nacionais SGPS S.A's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.65x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.79x to 1.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €2.15 | €3.87 | x |
| 2018-12-31 | €2.21 | €3.87 | x |
| 2019-12-31 | €2.18 | €3.87 | x |
| 2020-12-31 | €2.12 | €3.87 | x |
| 2021-12-31 | €2.13 | €3.87 | x |
| 2022-12-31 | €2.29 | €3.87 | x |
| 2023-12-31 | €2.28 | €3.87 | x |
| 2024-12-31 | €2.34 | €3.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently REN - Redes Energéticas Nacionais SGPS S.A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.83%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.52%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 3.45x
- Recent ROE (9.83%) is below the historical average (12.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 11.03% | 3.96% | 1.01x | 2.76x | €8.75 Million |
| 2004 | 8.04% | 2.81% | 0.93x | 3.06x | €-16.93 Million |
| 2005 | 11.97% | 3.83% | 0.97x | 3.22x | €18.19 Million |
| 2006 | 53.35% | 17.32% | 0.80x | 3.85x | €446.94 Million |
| 2007 | 14.43% | 26.17% | 0.14x | 3.95x | €44.57 Million |
| 2008 | 12.60% | 25.77% | 0.13x | 3.78x | €26.29 Million |
| 2009 | 13.46% | 24.32% | 0.13x | 4.31x | €34.50 Million |
| 2010 | 10.86% | 9.35% | 0.26x | 4.39x | €8.71 Million |
| 2011 | 11.62% | 13.70% | 0.20x | 4.31x | €16.83 Million |
| 2012 | 12.06% | 15.69% | 0.17x | 4.56x | €21.13 Million |
| 2013 | 11.24% | 15.89% | 0.15x | 4.69x | €13.35 Million |
| 2014 | 9.93% | 15.36% | 0.15x | 4.34x | €-779.70K |
| 2015 | 10.00% | 14.91% | 0.17x | 3.95x | €-13.90K |
| 2016 | 8.64% | 14.30% | 0.15x | 3.92x | €-15.74 Million |
| 2017 | 8.81% | 18.04% | 0.13x | 3.75x | €-16.99 Million |
| 2018 | 7.90% | 17.28% | 0.13x | 3.55x | €-30.67 Million |
| 2019 | 8.22% | 16.28% | 0.14x | 3.67x | €-25.72 Million |
| 2020 | 7.76% | 15.49% | 0.13x | 3.73x | €-31.52 Million |
| 2021 | 6.89% | 12.44% | 0.14x | 3.96x | €-43.83 Million |
| 2022 | 7.37% | 14.64% | 0.12x | 4.25x | €-39.98 Million |
| 2023 | 9.87% | 15.74% | 0.16x | 3.82x | €-1.98 Million |
| 2024 | 9.83% | 15.52% | 0.18x | 3.45x | €-2.68 Million |
Industry Comparison
This section compares REN - Redes Energéticas Nacionais SGPS S.A's net assets metrics with peer companies in the Utilities - Diversified industry.
No peer company data available for comparison.