REN Redes Energeticas Nacionais SGPS S A
XMUN:RN4
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P/OCF
Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.
Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.
Valuation Scenarios
If P/OCF returns to its 3-Year Average (2.9), the stock would be worth €2.38 (36% downside from current price).
| Scenario | P/OCF Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 4.6 | €3.73 |
0%
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| 3-Year Average | 2.9 | €2.38 |
-36%
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| 5-Year Average | 2.5 | €2.02 |
-46%
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| Industry Average | 3.8 | €3.09 |
-17%
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| Country Average | 5.7 | €4.7 |
+26%
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Forward P/OCF
Today’s price vs future operating cash flow
Peer Comparison
| Market Cap | P/OCF | P/E | ||||
|---|---|---|---|---|---|---|
| PT |
R
|
REN Redes Energeticas Nacionais SGPS S A
XMUN:RN4
|
2.5B EUR | 4.6 | 15.5 | |
| UK |
|
National Grid PLC
LSE:NG
|
63.2B GBP | 8 | 22.1 | |
| FR |
|
Engie SA
PAR:ENGI
|
69.2B EUR | -47.2 | 19.6 | |
| US |
|
Sempra Energy
NYSE:SRE
|
60.3B USD | 13.3 | 33.8 | |
| DE |
|
E.ON SE
XETRA:EOAN
|
49.9B EUR | 7.4 | 29.2 | |
| US |
|
Dominion Energy Inc
NYSE:D
|
53.6B USD | 10.2 | 18.5 | |
| US |
S
|
Sempra
VSE:SREN
|
43.4B EUR | 10.9 | 27.8 | |
| DE |
|
RWE AG
XETRA:RWE
|
42.9B EUR | 8.7 | 13.8 | |
| US |
|
Public Service Enterprise Group Inc
NYSE:PEG
|
39.1B USD | 12 | 18.8 | |
| US |
|
Consolidated Edison Inc
NYSE:ED
|
39B USD | 8.2 | 19.5 | |
| US |
|
WEC Energy Group Inc
NYSE:WEC
|
36.9B USD | 11.1 | 24 |
Market Distribution
| Min | 2.1 |
| 30th Percentile | 3.8 |
| Median | 5.7 |
| 70th Percentile | 6.2 |
| Max | 133.5 |
Other Multiples
REN Redes Energeticas Nacionais SGPS S A
Glance View
In the heart of Portugal's energy infrastructure stands REN - Redes Energéticas Nacionais SGPS S.A., a stalwart orchestrating the symphony of electricity and natural gas throughout the nation. Established with a mandate to ensure seamless energy flow, REN operates the backbone of the Portuguese energy system, managing both the National Electricity Transmission Network and the high-pressure natural gas transport infrastructure. From its headquarters in Lisbon, REN navigates the labyrinthine challenges of energy transmission, ensuring stability and reliability in a sector that demands precision. The company's vigilant oversight guarantees that electricity and gas traverse the arteries of Portugal with minimal interruption, showcasing a deep-rooted commitment to energy security. Monetization, for REN, emerges from a well-calibrated blend of regulated revenues, primarily derived from tariffs set by the Portuguese energy regulator. These tariffs grant REN a stable income while incentivizing efficiency and network improvements. Beyond the traditional realm of energy transmission, REN strategically diversifies into ancillary services and consultancy, ensuring it stays nimble amidst evolving market dynamics. The company also invests in international ventures, seeking growth and exposure outside the Portuguese borders. By combining operational excellence with strategic foresight, REN not only profits from its infrastructure management but also positions itself as a forward-thinking entity in the ever-evolving energy landscape.