` Comparison: RN4, SREN - Alpha Spread

R
RN4
vs
S
SREN

Over the past 12 months, RN4 has significantly outperformed SREN, delivering a return of +41% compared to the SREN's 0% growth.

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RN4
SREN
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Valuation Comparison

RN4 Intrinsic Value
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SREN Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
R
REN Redes Energeticas Nacionais SGPS S A
XMUN:RN4
3.215 EUR
S
Sempra
VSE:SREN
66.5 EUR
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Valuation Scenario:
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Growth Comparison

Growth Over Time
RN4, SREN

RN4
SREN
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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
R
REN Redes Energeticas Nacionais SGPS S A
Revenue
S
Sempra
Revenue

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

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Profitability Comparison

Free Cash Flow
RN4, SREN

RN4
SREN
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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
R
REN Redes Energeticas Nacionais SGPS S A
XMUN:RN4
S
Sempra
VSE:SREN
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What is Free Cash Flow?

Gross Margin

RN4
70%
SREN
0%

Operating Margin

RN4
24%
SREN
22.5%

Net Margin

RN4
14.1%
SREN
15.4%

FCF Margin

RN4
24%
SREN
-42.9%

ROE

RN4
15%
SREN
6.9%

ROA

RN4
4.1%
SREN
2.1%

ROIC

RN4
7%
SREN
1.6%

ROCE

RN4
9.7%
SREN
3.6%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
RN4, SREN

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Performance Gap
RN4, SREN

Performance Gap Between RN4 and SREN
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Performance By Year
RN4, SREN

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RN4
SREN
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