Rede Energia Participacoes SA
BOVESPA:REDE3

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Rede Energia Participacoes SA
BOVESPA:REDE3
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Price: 6.5 BRL -0.46% Market Closed
Market Cap: 13.7B BRL

Relative Value

The Relative Value of one REDE3 stock under the Base Case scenario is 11.06 BRL. Compared to the current market price of 6.5 BRL, Rede Energia Participacoes SA is Undervalued by 41%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

REDE3 Relative Value
Base Case
11.06 BRL
Undervaluation 41%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
73
vs Industry
66
Median 3Y
0.8
Median 5Y
0.8
Industry
1.7
vs History
39
vs Industry
56
Median 3Y
8.4
Median 5Y
8.7
Industry
14.9
vs History
58
vs Industry
67
Median 3Y
3.3
Median 5Y
3.6
Industry
6.8
vs History
53
vs Industry
50
Median 3Y
5.1
Median 5Y
5.8
Industry
14
vs History
68
vs Industry
11
Median 3Y
3.2
Median 5Y
3.3
Industry
1.4
vs History
42
vs Industry
67
Median 3Y
1.3
Median 5Y
1.3
Industry
2.8
vs History
33
vs Industry
66
Median 3Y
4.3
Median 5Y
4.6
Industry
7.4
vs History
31
vs Industry
72
Median 3Y
4.3
Median 5Y
4.7
Industry
10.3
vs History
31
vs Industry
72
Median 3Y
5.2
Median 5Y
5.7
Industry
14.9
vs History
53
vs Industry
70
Median 3Y
5.1
Median 5Y
5.9
Industry
10.8
vs History
20
vs Industry
37
Median 3Y
10.6
Median 5Y
10.6
Industry
16.9
vs History
30
vs Industry
46
Median 3Y
0.9
Median 5Y
0.9
Industry
0.9

Multiples Across Competitors

REDE3 Competitors Multiples
Rede Energia Participacoes SA Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
BR
Rede Energia Participacoes SA
BOVESPA:REDE3
13.7B BRL 0.8 9.3 5.3 6.6
US
Nextera Energy Inc
NYSE:NEE
136.1B USD 5.4 24.7 16.2 29.2
ES
Iberdrola SA
MAD:IBE
99.8B EUR 2.2 17.7 7.6 12.5
US
Southern Co
NYSE:SO
100.1B USD 3.6 21.7 12.6 21.9
US
Duke Energy Corp
NYSE:DUK
93.7B USD 3.1 21.3 12.1 21.8
IT
Enel SpA
MIL:ENEL
78.5B EUR 1.1 11.2 6.3 9.8
US
Constellation Energy Corp
NASDAQ:CEG
77.7B USD 3.3 20.7 11.8 19.2
US
American Electric Power Company Inc
NASDAQ:AEP
57.3B USD 2.9 19.3 12.6 22.2
FR
Electricite de France SA
PAR:EDF
46.6B EUR 0.3 -2.5 -5.4 -3.2
US
Exelon Corp
NASDAQ:EXC
46.4B USD 2 17.1 11 19.5
US
Xcel Energy Inc
NASDAQ:XEL
40.9B USD 3 21.2 13.1 29.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
BR
Rede Energia Participacoes SA
BOVESPA:REDE3
Average EV/EBITDA: 10.9
5.3
N/A N/A
US
Nextera Energy Inc
NYSE:NEE
16.2
19%
0.9
ES
Iberdrola SA
MAD:IBE
7.6
0%
N/A
US
Southern Co
NYSE:SO
12.6
7%
1.8
US
Duke Energy Corp
NYSE:DUK
12.1
7%
1.7
IT
Enel SpA
MIL:ENEL
6.3
7%
0.9
US
Constellation Energy Corp
NASDAQ:CEG
11.8
-5%
N/A
US
American Electric Power Company Inc
NASDAQ:AEP
12.6
11%
1.1
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -5.4 N/A N/A
US
Exelon Corp
NASDAQ:EXC
11
9%
1.2
US
Xcel Energy Inc
NASDAQ:XEL
13.1
14%
0.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
BR
Rede Energia Participacoes SA
BOVESPA:REDE3
Average EV/EBIT: 19.2
6.6
N/A N/A
US
Nextera Energy Inc
NYSE:NEE
29.2
23%
1.3
ES
Iberdrola SA
MAD:IBE
12.5
2%
6.3
US
Southern Co
NYSE:SO
21.9
8%
2.7
US
Duke Energy Corp
NYSE:DUK
21.8
10%
2.2
IT
Enel SpA
MIL:ENEL
9.8
7%
1.4
US
Constellation Energy Corp
NASDAQ:CEG
19.2
4%
4.8
US
American Electric Power Company Inc
NASDAQ:AEP
22.2
13%
1.7
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -3.2 N/A N/A
US
Exelon Corp
NASDAQ:EXC
19.5
10%
1.9
US
Xcel Energy Inc
NASDAQ:XEL
29.3
22%
1.3