REN - Redes Energéticas Nacionais SGPS S.A (RENE) - Net Assets

Latest as of September 2025: €1.51 Billion EUR ≈ $1.76 Billion USD

Based on the latest financial reports, REN - Redes Energéticas Nacionais SGPS S.A (RENE) has net assets worth €1.51 Billion EUR (≈ $1.76 Billion USD) 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 ≈ $6.13 Billion USD) and total liabilities (€3.74 Billion ≈ $4.37 Billion USD). 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. Check how resilient are REN - Redes Energéticas Nacionais SGPS S's assets to evaluate the company's liquid asset resilience ratio.

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. Also explore RENE total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see REN - Redes Energéticas Nacionais SGPS S (RENE) market capitalisation.

Year	Net Assets	Change
2024-12-31	€1.55 Billion ≈ $1.81 Billion	+2.63%
2023-12-31	€1.51 Billion ≈ $1.77 Billion	-0.36%
2022-12-31	€1.52 Billion ≈ $1.77 Billion	+7.64%
2021-12-31	€1.41 Billion ≈ $1.65 Billion	+0.15%
2020-12-31	€1.41 Billion ≈ $1.65 Billion	-2.66%
2019-12-31	€1.45 Billion ≈ $1.69 Billion	-1.21%
2018-12-31	€1.46 Billion ≈ $1.71 Billion	+2.42%
2017-12-31	€1.43 Billion ≈ $1.67 Billion	+23.29%
2016-12-31	€1.16 Billion ≈ $1.36 Billion	-0.18%
2015-12-31	€1.16 Billion ≈ $1.36 Billion	+2.27%
2014-12-31	€1.14 Billion ≈ $1.33 Billion	+5.19%
2013-12-31	€1.08 Billion ≈ $1.26 Billion	+5.06%
2012-12-31	€1.03 Billion ≈ $1.20 Billion	-0.95%
2011-12-31	€1.04 Billion ≈ $1.21 Billion	+1.52%
2010-12-31	€1.02 Billion ≈ $1.19 Billion	+2.54%
2009-12-31	€996.60 Million ≈ $1.17 Billion	-1.49%
2008-12-31	€1.01 Billion ≈ $1.18 Billion	+0.53%
2007-12-31	€1.01 Billion ≈ $1.18 Billion	-3.20%
2006-12-31	€1.04 Billion ≈ $1.22 Billion	+12.43%
2005-12-31	€924.69 Million ≈ $1.08 Billion	+7.23%
2004-12-31	€862.33 Million ≈ $1.01 Billion	+1.76%
2003-12-31	€847.41 Million ≈ $990.71 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
AstraZeneca PLC LSE:AZN	$2.55 Billion
Test Research Inc TW:3030	$2.55 Billion
Wanbangde Pharmaceutical Holding Group Co Ltd SHE:002082	$2.55 Billion
Jiayou International Logistics Co Ltd SHG:603871	$2.55 Billion
Wankai New Materials Co. Ltd. SHE:301216	$2.55 Billion
Fibra Danhos MX:DANHOS13	$2.55 Billion
Cetc Potevio Science&Technology Co Ltd SHE:002544	$2.54 Billion
Hugo Boss AG XETRA:BOSS	$2.54 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: 1.61x
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 1.75x to 1.61x 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	€3.78	x
2018-12-31	€2.21	€3.78	x
2019-12-31	€2.18	€3.78	x
2020-12-31	€2.12	€3.78	x
2021-12-31	€2.13	€3.78	x
2022-12-31	€2.29	€3.78	x
2023-12-31	€2.28	€3.78	x
2024-12-31	€2.34	€3.78	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.

Industry Context

Industry: Utilities - Diversified
Average net assets among peers: $13,977,565,000
Average return on equity (ROE) among peers: 4.70%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
REN - Redes Energéticas Nacionais SGPS S.A (RENE)	€1.51 Billion	11.03%	2.48x	$2.55 Billion
EDP - Energias de Portugal S.A. (EDP)	$13.98 Billion	4.70%	2.65x	$18.30 Billion

About REN - Redes Energéticas Nacionais SGPS S.A

LS:RENE Portugal Utilities - Diversified

Market Cap

$2.93 Billion

€2.50 Billion EUR

Market Cap Rank

#5432 Global

#8 in Portugal

Share Price

€3.78

Change (1 day)

+1.62%

52-Week Range

€2.67 - €3.93

All Time High

€3.93