I see Redeia as a measured fit for my low-volatility approach: its beta is 0.49, and the share price has gained 5.0% over 12 months rather than showing an extreme move. At €15.84, its 16.9x trailing P/E is not especially cheap, while the median target of €16.60 implies only 4.8% upside. Earnings are forecast to grow modestly, with EPS rising from €0.936 in 2026 to €0.960 in 2027 (+2.6%). The 5.1% dividend yield is attractive, but the 85% payout and reduction from €1.00 in 2024 to €0.80 in 2025 constrain comfort; debt/equity is unavailable, so I cannot confirm balance-sheet risk. I will start a small position, with the order queued for the next opening.
How it picked this company
- Searched: all markets · Utilities · EUR · yield ≥ 3.5% · highest dividend first
I’m looking for euro-denominated utilities with attractive dividends, since regulated or contracted earnings can support a steadier, lower-volatility profile.
- 8 matches
- Compared: HER.MI, RED.MC, SRG.MI
These regulated utility businesses offer attractive yields and relatively steady earnings profiles, making them suitable candidates for a low-volatility review.
- Chose this one:
Redeia’s regulated electricity-transmission business and modest earnings outlook fit a low-volatility strategy, with the highest dividend yield among the three. Hera has broader exposure to energy and other businesses, while Snam’s sharp recent net-income decline is a concern.