Argentinian (MERVAL) Market Analysis & Valuation
UpdatedMay 22, 2022
DataAggregated Company Financials
Companies68
- 7D-1.2%
- 3M-2.5%
- 1Y54.4%
- YTD4.5%
Over the last 7 days, the market has dropped 1.2%, driven by pullbacks in the Communication Services and Materials sectors of 2.6% and 1.8%, respectively. In contrast to the last week, the market is actually up 54% over the past year. Earnings are forecast to grow by 25% annually.
Market Valuation and Performance
Has the Argentinian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Mon, 23 May 2022 | AR$4.4t | AR$5.5t | AR$316.0b | 11.7x |
| Wed, 20 Apr 2022 | AR$5.6t | AR$5.3t | AR$256.7b | 13.7x |
| Fri, 18 Mar 2022 | AR$4.4t | AR$5.1t | AR$760.7b | 15.7x |
| Sun, 13 Feb 2022 | AR$4.4t | AR$4.1t | AR$86.2b | 16.1x |
| Tue, 11 Jan 2022 | AR$5.1t | AR$4.1t | AR$88.3b | 16.5x |
| Thu, 09 Dec 2021 | AR$4.3t | AR$4.1t | AR$89.4b | 15.4x |
| Sat, 06 Nov 2021 | AR$4.4t | AR$3.7t | AR$43.4b | 14.8x |
| Mon, 04 Oct 2021 | AR$3.7t | AR$3.9t | AR$79.8b | 12.1x |
| Wed, 01 Sep 2021 | AR$3.6t | AR$3.8t | AR$116.5b | 10.8x |
| Thu, 08 Jul 2021 | AR$3.1t | AR$3.8t | AR$116.5b | 9x |
| Wed, 31 Mar 2021 | AR$2.4t | AR$3.5t | AR$97.4b | 6.1x |
| Sat, 02 Jan 2021 | AR$2.7t | AR$3.6t | AR$189.5b | 7.9x |
| Tue, 06 Oct 2020 | AR$2.3t | AR$4.0t | AR$187.6b | 7.2x |
| Fri, 10 Jul 2020 | AR$2.1t | AR$4.1t | AR$111.6b | 6.7x |
| Thu, 02 Apr 2020 | AR$1.4t | AR$4.1t | AR$166.0b | 3.7x |
| Sun, 05 Jan 2020 | AR$2.2t | AR$3.9t | AR$148.2b | 5.2x |
| Wed, 09 Oct 2019 | AR$1.6t | AR$3.7t | AR$170.0b | 3.4x |
| Tue, 02 Jul 2019 | AR$2.2t | AR$3.4t | AR$262.1b | 5.1x |
Median PE Ratio
5.1x
Current Market PE
- Investors are relatively neutral on the market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
- The market is trading close to its 3-year average PE ratio of 8.4x.
Past Earnings Growth
- The earnings for Argentinean listed companies have grown 12% per year over the last three years.
- Revenues for these companies have grown 22% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Argentinian Market?
| AR Market | -1.16% | |
| Tech | 1.22% | |
| Healthcare | 1.13% | |
| Energy | 0.17% | |
| Financials | -0.27% | |
| Utilities | -0.91% | |
| Industrials | -1.23% | |
| Real Estate | -1.64% | |
| Consumer Staples | -1.71% | |
| Materials | -1.79% | |
| Telecom | -2.65% | |
| Consumer Discretionary | -4.84% | |
Sector PE
- Investors are most optimistic about the Healthcare sector which is trading above its 3-year average PE ratio of 58.6x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Industrials sector, which is trading below its 3-year average of 7.7x.
Forecasted Growth
- Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 41% over the next 5 years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| IRSA IRSA Inversiones y Representaciones Sociedad Anónima | AR$94.00 | -0.8% AR$13.8b | 52.1% | PB0.6x | Real Estate | |
| ALUA Aluar Aluminio ArgentinoI.C | AR$87.10 | 3.8% +AR$9.0b | 79.8% | PS14.5x | Materials | |
| MTR Matba Rofex | AR$250.00 | 6.4% +AR$1.8b | 25.0% | PS38x | Financials | |
| TGSU2 Transportadora de Gas del Sur | AR$262.00 | 0.9% +AR$1.8b | 74.7% | PS8.6x | Energy | |
| CEPU Central Puerto | AR$76.00 | 1.2% +AR$1.4b | 134.9% | PS37.3x | Utilities |