` Comparison: RE2, IBE - Alpha Spread

RE2
vs
IBE

Over the past 12 months, RE2 has underperformed IBE, delivering a return of 0% compared to the IBE's +26% growth.

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RE2
IBE
One-click summary across all key metrics.
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One-click summary across all key metrics.
Ranked results with clear takeaways.
No spreadsheets, no guesswork.
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Valuation
Growth
Profitability
Solvency
Comparing Valuation
Running a multi-layered valuation analysis to compare how attractive each stock is.
Comparing Growth
Financial growth, forecasts, volatility, and historical drawdowns.
Comparing Profitability
Margins, returns on capital, and the consistency of profitability.
Comparing Solvency
Debt levels, liquidity, interest coverage, and bankruptcy risk.
Summarizing...
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Valuation Comparison

RE2 Intrinsic Value
99.053 EUR
Undervaluation 20%
Intrinsic Value
Price
IBE Intrinsic Value
16.631 EUR
Undervaluation 8%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Red Electrica Corporacion SA
F:RE2
79.265 EUR
Iberdrola SA
MAD:IBE
15.355 EUR
Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
RE2, IBE

RE2
IBE
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Revenue
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Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
Red Electrica Corporacion SA
Revenue
Iberdrola SA
Revenue

All metrics are calculated based on data from the last 10 years.

Profitability Comparison

Free Cash Flow
RE2, IBE

RE2
IBE
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Free Cash Flow
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
Red Electrica Corporacion SA
F:RE2
Iberdrola SA
MAD:IBE
What is Free Cash Flow?

Gross Margin

RE2
103.1%
IBE
47.2%

Operating Margin

RE2
46.2%
IBE
18.6%

Net Margin

RE2
24.2%
IBE
11.2%

FCF Margin

RE2
47.4%
IBE
7.9%

ROE

RE2
6.9%
IBE
10.8%

ROA

RE2
2.5%
IBE
3.2%

ROIC

RE2
3.9%
IBE
4.5%

ROCE

RE2
5.7%
IBE
6.6%

Solvency Comparison

Balance Sheet Comparison

Stocks Performance

Stocks Performance
RE2, IBE

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Performance Gap
RE2, IBE

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RE2
IBE
Difference
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Performance By Year
RE2, IBE

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RE2
IBE
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