B3 · BRL

REDE3

Rede Energia S.A.

R$5.37+0.75% (R$0.04)
Day's range
R$5.37 – R$5.37
Day's volume
R$1.1k
52-week range
R$5.18 – R$7.29

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REDE3 in numbers

Market cap
R$13.8bn
P/E
13.42
P/B
2.14
Dividend yield (12m)
3.27%
Net debt/EBITDA
6.75

The 12-month dividend yield of REDE3 is 3.27%, below its 5-year average of 10.88%.

REDE3 price history

01/10/202501/10/2026
Compare with

REDE3 risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return-13.03%+15.54%+21.27%
Volatility (annualised)9.56%14.04%14.67%
Largest drawdown-15.47%-16.69%-17.18%
Positive months5/1218/3632/60

How much did investing in REDE3 return?

R$1,000.00 invested on 01/10/2021 would be worth R$1,210.47 today.

Value today in REDE3
R$1,210.47
Return over the period
+21.05%
Return per year
+3.89%
In the Ibovespa
R$1,808.65

With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.

REDE3 fundamentals

Valuation

  • P/E
    13.42
  • P/B
    2.14
  • EV/EBITDA
    9.66
  • EV/EBIT
    12.46
  • EV/Revenue
    2.27
  • P/EBIT
    3.76
  • P/S
    0.68
  • P/OCF
    4.56
  • P/FCF
    17.94
  • Earnings yield
    8.02%
  • PEG ratio
    —
  • Earnings per share
    R$0.40
  • Book value per share
    R$2.51

Debt

  • Net debt
    R$32bn
  • Net debt/EBITDA
    6.75
  • Net debt/Equity
    4.60
  • Debt/Equity
    5.02
  • Current ratio
    1.73
  • Quick ratio
    1.71
  • Cash ratio
    0.54

Efficiency

  • Gross margin
    25.16%
  • EBITDA margin
    23.47%
  • Operating margin
    18.20%
  • Net margin
    6.51%
  • Asset turnover
    0.56

Profitability

  • ROE
    15.96%
  • ROA
    3.68%
  • ROIC
    7.94%
  • Payout
    43.93%

Growth

  • Revenue CAGR (5 years)
    9.24%
  • Earnings CAGR (5 years)
    -6.73%
  • Revenue growth (year)
    8.43%
  • Earnings growth (year)
    -18.48%
  • Revenue growth (quarter)
    7.62%
  • Earnings growth (quarter)
    -26.67%

What is REDE3's fair price?

Two classic value formulas, with today's numbers. The current price is R$5.37.

Graham's fair price
R$4.75
11.50% below the price

√(22.50 × R$0.40 × R$2.51)

Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.

Bazin's ceiling price
R$11.35
111.38% above the price

R$0.68 (5-year average) ÷ 6%

Décio Bazin only bought shares yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years divided by 6%.

Graham ignores growth and debt; Bazin assumes past distributions will repeat. They are reference points for comparison, not a buy recommendation.

REDE3 indicators by year

Multiples at each year's closing price; margins and returns from that year's accounts.

Indicator20252024202320222021202020192018
P/E13.349.018.437.679.0925.8625.1235.62
P/B2.422.052.342.072.614.113.803.27
EV/EBITDA9.587.826.116.036.9813.2412.3912.65
Dividend yield9.77%9.26%10.74%9.67%14.95%0.83%3.25%0.19%
Earnings per shareR$0.47R$0.70R$0.79R$0.70R$0.72R$0.43R$0.34R$0.19
Book value per shareR$2.59R$3.07R$2.83R$2.61R$2.51R$2.72R$2.23R$2.11
ROE18.12%22.76%27.78%26.96%28.71%15.88%15.14%9.18%
ROIC8.57%11.27%14.73%14.57%13.55%9.38%8.63%7.26%
Gross margin25.96%26.44%31.27%28.86%25.39%21.85%20.79%18.26%
EBITDA margin24.37%24.12%29.79%27.38%24.46%21.87%20.46%17.81%
Net margin6.21%8.25%10.28%9.83%9.73%8.05%6.35%3.97%
Net debt/EBITDA6.184.743.203.283.373.714.584.72

REDE3 financial statements

Line202520242023202220212020
Net revenueR$19.4bnR$17.9bnR$16.1bnR$15.1bnR$15.6bnR$11.3bn
Cost of sales-R$14.4bn-R$13.2bn-R$11.1bn-R$10.8bn-R$11.6bn-R$8.8bn
Gross profitR$5bnR$4.7bnR$5bnR$4.4bnR$4bnR$2.5bn
EBITDAR$4.7bnR$4.3bnR$4.8bnR$4.1bnR$3.8bnR$2.5bn
EBITR$3.7bnR$3.4bnR$4bnR$3.5bnR$3.2bnR$1.8bn
Net finance result-R$1.7bn-R$1.2bn-R$1.1bn-R$923.7m-R$542.3m-R$223.3m
Profit before taxR$2bnR$2.3bnR$2.9bnR$2.5bnR$2.6bnR$1.6bn
Income tax-R$359.1m-R$265.9m-R$643.9m-R$491.7m-R$601.5m-R$379.2m
Net incomeR$1.2bnR$1.5bnR$1.7bnR$1.5bnR$1.5bnR$909.9m

Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.

REDE3 against its sector

The same indicators for the company's other shares and the sector's largest stocks.

StockP/EP/BDividend yield (12m)ROEMarket cap
REDE3Rede Energia Participações13.422.143.27%15.96%R$13.8bn
AXIA3AXIA313.251.313.45%9.86%R$157.6bn
AXIA7AXIA7——0.00%—R$157.6bn
SBSP3CIA SANEAMENTO BASICO EST SAO PAULO12.072.1512.67%17.80%R$96.7bn
ENEV3ENEVA S.A56.682.680.00%4.73%R$54.6bn
CPFE3CPFL ENERGIA S.A.8.902.358.05%26.43%R$53.4bn
EQTL3EQUATORIAL S.A.53.271.953.91%3.67%R$51.1bn

Does REDE3 pay dividends?

Dividend yield per year

  • 0.62%2017
  • 0.19%2018
  • 3.25%2019
  • 0.83%2020
  • 14.95%2021
  • 9.67%2022
  • 10.74%2023
  • 9.26%2024
  • 9.77%2025
  • 1.86%2026
Payment history
TypeLast day to ownPaymentPer share
Dividend17/03/202613/04/2026R$0.10
Dividend11/11/202527/11/2025R$0.08
Dividend12/08/202524/09/2025R$0.24
Dividend20/06/202530/06/2025R$0.05
Dividend25/02/202526/03/2025R$0.25
Dividend12/11/202425/11/2024R$0.13
Dividend04/07/202424/07/2024R$0.23
Dividend15/03/202415/04/2024R$0.22
Dividend14/11/202305/12/2023R$0.22
Dividend15/08/202328/08/2023R$0.14
Dividend27/04/202309/05/2023R$0.13
Dividend21/03/202330/03/2023R$0.21
See all 27 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Dividend16/11/202228/11/2022R$0.19
Dividend16/08/202225/08/2022R$0.17
Dividend02/05/202227/06/2022R$0.16
Dividend17/11/202110/12/2021R$0.18
Dividend17/08/202127/08/2021R$0.18
Dividend29/06/202112/07/2021R$0.30
Dividend16/03/202129/03/2021R$0.32
Dividend18/08/202026/08/2020R$0.09
Dividend12/11/201922/11/2019R$0.04
Dividend13/08/201923/08/2019R$0.09
Dividend18/06/201928/06/2019R$0.10
Dividend07/05/201917/05/2019R$0.05
Dividend02/05/201809/05/2018R$0.01
Dividend04/05/201727/06/2017R$0.02
Dividend29/04/201606/06/2016R$0.06
Splits, share consolidations and bonus shares
EventLast day to ownRatio
Split25/07/20065 for 1

About Rede Energia Participações

Sector
Energia
Segment
Energia Elétrica
Listing segment
Traditional
Tag along
80.00%
Free float
0.36%
Shares issued
2.57bn ordinary
Average daily trading
R$7.7k
Listed since
21/06/2006
CNPJ
61.584.140/0001-49

Rede Energia Participações S.A. é uma empresa brasileira que atua como holding de participações em empresas do setor de energia elétrica. A companhia investe em empresas de distribuição e geração de energia elétrica, participando de negócios relacionados ao setor elétrico brasileiro. Rede Energia fornece soluções de energia para diversos clientes, operando através de suas subsidiárias em diferentes regiões do Brasil. A empresa investe em infraestrutura de energia, buscando contribuir para o desenvolvimento e modernização do setor elétrico brasileiro.

Investor website
ShareholdersAs of 31/12/2026, from the Formulário de Referência filed with the CVM.
ShareholderOrdinaryPreferredTotal
Denerge - Desenvolvimento Energético S.A.Controlling99.79%0.00%99.79%
Outros0.21%0.00%0.21%

Questions about REDE3

How much is REDE3 today?

REDE3 is at R$5.37 (0.75% on the day), last traded on 01/10/2026.

How much did REDE3 pay in dividends in 2025?

REDE3 paid R$0.61 per share in 2025, a dividend yield of 9.77%.

What are the P/E and P/B of REDE3?

REDE3 trades at a P/E of 13.42 and a P/B of 2.14.

How much did REDE3 return in 12 months?

REDE3 returned -13.03% in 12 months, with annualised volatility of 9.56% and a largest drawdown of -15.47%.

What sector is REDE3 in?

Rede Energia Participações is in the Energia sector, Energia Elétrica segment.