Redes Energéticas Nacionais (RENE) Stock Price, Fundamentals & Analysis

What RENE does

Redes Energéticas Nacionais (RENE) is a Portuguese utility that operates the national electricity transmission network and natural gas infrastructure. It also runs a telecommunications network and provides services such as underground storage, regasification, and IT and consulting support. The company is part of the Euronext Lisbon stocks universe and is a peer of other European utilities like EDP Renováveis (EDPR) and Energias de Portugal (EDP).

Key numbers explained

• The current price is 3.57 EUR, reflecting the latest trade on the Euronext Lisbon market.
• The trailing P/E ratio of 11.9 shows how much investors pay per euro of the last 12 months' earnings; a lower figure can suggest a more conservative valuation relative to current earnings.
• The forward P/E ratio of 14.8 uses expected future earnings, giving a sense of how the market prices growth or margin changes ahead.
• The dividend yield of 4.48% means the annual dividend represents about 4.48% of the current share price, a metric income-focused investors often compare across utilities.
• The beta of 0.25 indicates the stock has historically moved about one-quarter as much as the broader market, a typical trait for regulated utilities.
• The debt-to-equity ratio of 154.4% shows that debt exceeds equity, which is common in capital-intensive utility businesses that rely on stable cash flows to service borrowing.
• The price-to-book ratio of 1.52 compares the market price to the company's book value per share, a basic measure of whether the market values the firm above or below its accounting net assets.
• The return on equity of 12.4% measures how effectively the company generates profit from shareholders' equity, a standard gauge of capital efficiency.

What to watch

Utility stocks like RENE are sensitive to interest rates, regulation, and energy prices. The exDividendDate of May 8, 2026 is the key date for eligibility for the next dividend payment. The upcoming nextEarningsDate of 12 nov. 2026 will provide a fresh look at results and guidance. Investors often compare RENE with peers such as Verbund AG (VER), Tenaga Nasional Berhad (5347), Italgas (IG), and Korea Gas (036460) to contextualise its yield and valuation.