Buy Or Sell Opportunity • Jun 05
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.2% to AR$1,595. The fair value is estimated to be AR$2,001, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 40% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • May 18
First quarter 2026 earnings released: EPS: AR$69.29 (vs AR$46.81 in 1Q 2025) First quarter 2026 results: EPS: AR$69.29 (up from AR$46.81 in 1Q 2025). Revenue: AR$74.8b (up 47% from 1Q 2025). Net income: AR$14.0b (up 48% from 1Q 2025). Profit margin: 19% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 75% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 16
Full year 2025 earnings released: EPS: AR$261 (vs AR$87.90 in FY 2024) Full year 2025 results: EPS: AR$261 (up from AR$87.90 in FY 2024). Revenue: AR$326.1b (up 42% from FY 2024). Net income: AR$52.9b (up 197% from FY 2024). Profit margin: 16% (up from 7.7% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has increased by 112% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 17
Third quarter 2025 earnings released: EPS: AR$64.45 (vs AR$47.66 in 3Q 2024) Third quarter 2025 results: EPS: AR$64.45 (up from AR$47.66 in 3Q 2024). Revenue: AR$100.2b (up 20% from 3Q 2024). Net income: AR$13.0b (up 35% from 3Q 2024). Profit margin: 13% (up from 12% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has increased by 169% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Nov 11
Distribuidora de Gas Cuyana S.A. announces Annual dividend, payable on November 20, 2025 Distribuidora de Gas Cuyana S.A. announced Annual dividend of ARS 197.6760 per share payable on November 20, 2025, ex-date on November 13, 2025 and record date on November 13, 2025. Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to AR$1,690, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 7x in the Gas Utilities industry in Argentina. Total returns to shareholders of 2,123% over the past three years. Valuation Update With 7 Day Price Move • Oct 09
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to AR$1,525, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 6x in the Gas Utilities industry in Argentina. Total returns to shareholders of 1,902% over the past three years. Valuation Update With 7 Day Price Move • Sep 18
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to AR$1,010, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 5x in the Gas Utilities industry in Argentina. Total returns to shareholders of 1,209% over the past three years. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to AR$1,660, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 8x in the Gas Utilities industry in Argentina. Total returns to shareholders of 2,473% over the past three years. Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to AR$1,640, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 9x in the Gas Utilities industry in Argentina. Total returns to shareholders of 3,396% over the past three years. Reported Earnings • May 12
First quarter 2025 earnings released: EPS: AR$44.15 (vs AR$42.74 loss in 1Q 2024) First quarter 2025 results: EPS: AR$44.15 (up from AR$42.74 loss in 1Q 2024). Revenue: AR$47.9b (up 333% from 1Q 2024). Net income: AR$8.93b (up AR$17.6b from 1Q 2024). Profit margin: 19% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has increased by 204% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Apr 16
Distribuidora de Gas Cuyana S.A. announces Annual dividend, payable on April 25, 2025 Distribuidora de Gas Cuyana S.A. announced Annual dividend of ARS 90.6635 per share payable on April 25, 2025, ex-date on April 16, 2025 and record date on April 16, 2025. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to AR$1,355, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 12x in the Gas Utilities industry in Argentina. Total returns to shareholders of 2,478% over the past three years. New Risk • Mar 24
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Argentinean stocks, typically moving 9.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.2% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Annuncio • Mar 18
Distribuidora de Gas Cuyana S.A., Annual General Meeting, Apr 14, 2025 Distribuidora de Gas Cuyana S.A., Annual General Meeting, Apr 14, 2025. Location: av leandro n alem n 855, 25th floor c a b a, buenos aires Argentina Reported Earnings • Mar 12
Full year 2024 earnings released: EPS: AR$87.90 (vs AR$32.64 in FY 2023) Full year 2024 results: EPS: AR$87.90 (up from AR$32.64 in FY 2023). Revenue: AR$230.0b (up 241% from FY 2023). Net income: AR$17.8b (up 169% from FY 2023). Profit margin: 7.7% (down from 9.8% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has increased by 207% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Feb 26
Distribuidora de Gas Cuyana S.A. announces Annual dividend, payable on March 07, 2025 Distribuidora de Gas Cuyana S.A. announced Annual dividend of ARS 115.8502 per share payable on March 07, 2025, ex-date on February 26, 2025 and record date on February 26, 2025. New Risk • Feb 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Argentinean stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.7% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to AR$1,650, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 17x in the Gas Utilities industry in Argentina. Total returns to shareholders of 3,194% over the past three years. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to AR$2,040, the stock trades at a trailing P/E ratio of 20.4x. Average trailing P/E is 18x in the Gas Utilities industry in Argentina. Total returns to shareholders of 5,145% over the past three years. Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to AR$2,175, the stock trades at a trailing P/E ratio of 21.7x. Average trailing P/E is 18x in the Gas Utilities industry in Argentina. Total returns to shareholders of 5,048% over the past three years. Buy Or Sell Opportunity • Nov 12
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 23% to AR$1,720. The fair value is estimated to be AR$1,406, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: AR$47.66 (vs AR$2.32 in 3Q 2023) Third quarter 2024 results: EPS: AR$47.66 (up from AR$2.32 in 3Q 2023). Revenue: AR$83.4b (up 428% from 3Q 2023). Net income: AR$9.64b (up AR$9.18b from 3Q 2023). Profit margin: 12% (up from 3.0% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has increased by 235% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to AR$1,635, the stock trades at a trailing P/E ratio of 28.8x. Average trailing P/E is 28x in the Gas Utilities industry in Argentina. Total returns to shareholders of 3,725% over the past three years. Valuation Update With 7 Day Price Move • Oct 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to AR$1,505, the stock trades at a trailing P/E ratio of 26.6x. Average trailing P/E is 24x in the Gas Utilities industry in Argentina. Total returns to shareholders of 3,794% over the past three years. Reported Earnings • Aug 13
Second quarter 2024 earnings released: EPS: AR$44.55 (vs AR$0.011 loss in 2Q 2023) Second quarter 2024 results: EPS: AR$44.55 (up from AR$0.011 loss in 2Q 2023). Revenue: AR$64.2b (up 286% from 2Q 2023). Net income: AR$9.01b (up AR$9.02b from 2Q 2023). Profit margin: 14% (up from 0% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has increased by 270% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to AR$1,454, the stock trades at a trailing P/E ratio of 66.5x. Average trailing P/E is 8x in the Gas Utilities industry in South America. Total returns to shareholders of 4,930% over the past three years. Reported Earnings • May 13
First quarter 2024 earnings released First quarter 2024 results: Revenue: AR$9.34b (up 76% from 1Q 2023). Net loss: AR$7.29b (loss widened 347% from 1Q 2023). Valuation Update With 7 Day Price Move • May 06
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to AR$1,246, the stock trades at a trailing P/E ratio of 38.2x. Average trailing P/E is 10x in the Gas Utilities industry in South America. Total returns to shareholders of 6,239% over the past three years. New Risk • Nov 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Argentinean stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AR$4.8b free cash flow). Earnings have declined by 58% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). New Risk • Sep 24
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AR$4.7b This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AR$4.7b free cash flow). Earnings have declined by 58% per year over the past 5 years. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to AR$169, the stock trades at a trailing P/E ratio of 48.5x. Average trailing P/E is 11x in the Gas Utilities industry in South America. Total returns to shareholders of 1,270% over the past three years. Valuation Update With 7 Day Price Move • Jan 26
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to AR$225, the stock trades at a trailing P/E ratio of 64.6x. Average trailing P/E is 11x in the Gas Utilities industry in South America. Total returns to shareholders of 920% over the past three years. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improved over the past week After last week's 17% share price gain to AR$104, the stock trades at a trailing P/E ratio of 52.3x. Average trailing P/E is 9x in the Gas Utilities industry in South America. Total returns to shareholders of 445% over the past three years. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. No independent directors (10 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. No independent directors (10 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Is New 90 Day High Low • Feb 27
New 90-day low: AR$18.70 The company is down 9.0% from its price of AR$20.65 on 27 November 2020. The Argentinean market is down 13% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Gas Utilities industry, which is up 10.0% over the same period. Is New 90 Day High Low • Dec 03
New 90-day high: AR$22.40 The company is up 12% from its price of AR$20.00 on 04 September 2020. The Argentinean market is up 26% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Gas Utilities industry, which is up 8.0% over the same period. Reported Earnings • Nov 15
Third quarter 2020 earnings released: AR$0.82 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: AR$4.35b (down 2.5% from 3Q 2019). Net loss: AR$165.3m (down 129% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Oct 21
Market bids up stock over the past week After last week's 17% share price gain to AR$21.85, the stock is trading at a trailing P/E ratio of 7.9x, up from the previous P/E ratio of 6.8x. This compares to an average P/E of 11x in the Gas Utilities industry in South America. Total return to shareholders over the past three years is a loss of 33%. 
