Naturgy vs Redeia (NTGY vs RED)

Naturgy (NTGY) vs Redeia (RED) in plain English: P/E, growth, margins, debt and dividend side by side, key differences and which fits each investor profile.

Naturgy (NTGY) and Redeia (RED) compete in utilities and renewables. Here are Naturgy and Redeia side by side with their real figures as of November 4, 2026: what sets them apart, which fits each kind of investor and the most common questions, without telling you whether to buy Naturgy or Redeia.

Naturgy vs Redeia: the figures

Naturgy and Redeia figures from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026; N/A means that Naturgy or Redeia figure is not available, and we never estimate it.

3 key differences between Naturgy and Redeia

1. Profitability: for every 100 of sales, Redeia keeps 30.0 as net profit and Naturgy keeps 10.4.
2. Dividend: Naturgy yields 8.13% at today's price and Redeia yields 5.23%.
3. Debt: Redeia owes 5.0x its annual operating profit (EBITDA), while Naturgy owes 2.4x its EBITDA.

Naturgy or Redeia: which fits your profile

• If you want growth: Naturgy is growing faster today, so it fits better with investors who put business growth first, usually accepting a higher P/E and a bumpier ride.
• If you want income (dividends): Naturgy pays the higher dividend relative to its price.
• If you prefer caution: Naturgy has less debt relative to its profit, which usually gives more room in a bad year.
• If price is what matters most to you: Naturgy trades on the lower P/E; check first whether that is an opportunity or a sign of a business that grows less.

Neither Naturgy nor Redeia wins on everything, and owning both is also an option: spreading money across several companies or an index fund reduces what rides on each one.

How Naturgy and Redeia make money

Naturgy (NTGY)

Naturgy runs two main areas. One is regulated gas and electricity distribution networks in Spain and several Latin American countries. The other covers power generation from combined-cycle and renewable plants, liquefied natural gas supply, and electricity and gas sales to homes, shops and industry, which account for most of its revenue. Full Naturgy analysis.

Redeia (RED)

Redeia is the parent of Red Eléctrica, which owns Spain's high-voltage transmission grid and operates the power system, a regulated activity that makes up most of its business. It also owns transmission lines in Peru, Chile and Brazil, satellite operator Hispasat, and Reintel, which leases out fiber-optic capacity. Full Redeia analysis.

Frequently asked questions: Naturgy vs Redeia

Is Naturgy or Redeia the better stock?

Choosing between Naturgy and Redeia depends on what you are looking for. Naturgy is growing faster right now, and Naturgy trades on the lower P/E. Fintols does not tell you whether to buy Naturgy or Redeia: it shows you the differences so you can decide.

Which pays a higher dividend, Naturgy or Redeia?

As of November 4, 2026, Naturgy yields 8.13% and Redeia yields 5.23%. Also check how much of their profit Naturgy and Redeia pay out: if it is more than they earn, it cannot last.

Which is more expensive, Naturgy or Redeia?

On P/E, Redeia (16.6x) is more expensive than Naturgy (13.6x) as of November 4, 2026. A higher P/E can be justified if earnings grow faster, so compare it with each company's growth in the table.

Can I own both Naturgy and Redeia?

Yes. Many people spread their money across several companies, such as Naturgy and Redeia, or use index funds so they do not depend on just one. If you are starting out, decide how much you want to invest and for how long before buying Naturgy or Redeia.

More comparisons with Naturgy or Redeia

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• Acciona Energía vs Naturgy
• Iberdrola vs Naturgy
• Enagás vs Redeia

More companies like Naturgy and Redeia: utilities and renewables stocks. Educational content about Naturgy and Redeia, not investment advice.