Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Argentinian (MERVAL) Market Analysis & Valuation

UpdatedNov 14, 2025
DataAggregated Company Financials
Companies69
  • 7D-1.5%
  • 3M27.2%
  • 1Y28.3%
  • YTD0.8%

Over the last 7 days, the market has dropped 1.5%, driven by a loss of 7.0% in the Financials sector. As for the longer term, the market has actually risen by 28% in the last year. Earnings are forecast to grow by 44% annually.

Trending IndustriesOil and Gas

Market Valuation and Performance

Has the Argentinian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 14 Nov 2025AR$112.1tAR$72.8tAR$3.9t16.5x28.8x1.5x
Sun, 12 Oct 2025AR$74.0tAR$73.5tAR$5.3t12.8x14.1x1x
Tue, 09 Sep 2025AR$78.9tAR$72.3tAR$5.2t13.2x15.1x1.1x
Thu, 07 Aug 2025AR$103.9tAR$69.4tAR$5.8t17.2x17.8x1.5x
Sat, 05 Jul 2025AR$81.7tAR$69.1tAR$6.0t14.1x13.6x1.2x
Mon, 02 Jun 2025AR$90.0tAR$66.8tAR$5.8t15.6x15.5x1.3x
Wed, 30 Apr 2025AR$86.2tAR$68.8tAR$8.2t13.3x10.5x1.3x
Fri, 28 Mar 2025AR$97.2tAR$68.3tAR$8.1t16.4x12x1.4x
Sun, 23 Feb 2025AR$95.9tAR$49.1tAR$4.3t20x22.1x2x
Tue, 21 Jan 2025AR$100.1tAR$48.8tAR$4.3t24.2x23.4x2x
Thu, 19 Dec 2024AR$103.9tAR$47.7tAR$4.3t23.1x24.3x2.2x
Sat, 16 Nov 2024AR$83.8tAR$48.1tAR$2.5t17.7x33.8x1.7x
Mon, 14 Oct 2024AR$70.3tAR$45.8tAR$3.0t21.1x23x1.5x
Wed, 11 Sep 2024AR$69.8tAR$45.4tAR$3.1t19.9x22.6x1.5x
Fri, 09 Aug 2024AR$60.4tAR$37.9tAR$817.5b19x73.9x1.6x
Sun, 07 Jul 2024AR$67.6tAR$36.2tAR$2.4t18.9x28.7x1.9x
Tue, 04 Jun 2024AR$68.8tAR$43.7tAR$3.3t20.2x20.9x1.6x
Thu, 02 May 2024AR$54.6tAR$38.4tAR$835.5b16.5x65.4x1.4x
Sat, 30 Mar 2024AR$51.2tAR$36.2tAR$582.6b28.8x87.9x1.4x
Mon, 26 Feb 2024AR$49.4tAR$14.1tAR$1.8t36.3x28x3.5x
Wed, 24 Jan 2024AR$54.8tAR$13.9tAR$1.7t39.8x32.1x3.9x
Fri, 22 Dec 2023AR$41.6tAR$14.0tAR$1.7t29x24.1x3x
Sun, 19 Nov 2023AR$26.2tAR$13.6tAR$1.4t20.3x18.5x1.9x
Tue, 17 Oct 2023AR$33.0tAR$12.5tAR$836.2b24.7x39.4x2.6x
Thu, 14 Sep 2023AR$23.9tAR$12.0tAR$797.1b18.5x30x2x
Sat, 12 Aug 2023AR$20.3tAR$11.2tAR$604.9b20.2x33.6x1.8x
Mon, 10 Jul 2023AR$18.3tAR$10.4tAR$530.9b20.6x34.5x1.8x
Wed, 07 Jun 2023AR$16.5tAR$10.4tAR$535.5b18x30.8x1.6x
Fri, 05 May 2023AR$12.4tAR$9.7tAR$429.5b16.3x28.8x1.3x
Sun, 02 Apr 2023AR$10.8tAR$9.6tAR$407.1b14.8x26.4x1.1x
Tue, 28 Feb 2023AR$10.9tAR$6.3tAR$234.6b18.4x46.7x1.7x
Thu, 26 Jan 2023AR$11.5tAR$6.8tAR$430.3b17x26.7x1.7x
Sat, 24 Dec 2022AR$8.2tAR$6.8tAR$436.7b13.9x18.9x1.2x
Mon, 21 Nov 2022AR$7.1tAR$6.6tAR$430.1b11.8x16.4x1.1x
Price to Earnings Ratio

16.4x


Total Market Cap: AR$7.1tTotal Earnings: AR$430.1bTotal Revenue: AR$6.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Argentinian Market Price to Earnings3Y Average 27.6x202320242025
Current Market PE
  • Investors are optimistic on the Argentinean market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 42.0x which is higher than its 3-year average PE of 27.6x.
Past Earnings Growth
  • The earnings for Argentinean listed companies have grown 82% per year over the last three years.
  • Revenues for these companies have grown 121% 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-1.48%
Industrials10.06%
Consumer Staples5.85%
Real Estate4.16%
Consumer Discretionary3.79%
Materials2.05%
Healthcare1.54%
Energy1.06%
Utilities0.097%
Telecom-0.15%
Tech-0.21%
Financials-6.99%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 30.7x.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Telecom sector, expecting annual earnings growth of 108% over the next 5 years.
  • In contrast, the Real Estate sector is expected to see its earnings decline by 67% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
YPFD YPF Sociedad AnónimaAR$54.98k0.6%
+AR$137.3b		48.7%PS1xEnergy
TGSU2 Transportadora de Gas del SurAR$8.89k2.0%
+AR$131.7b		41.8%PE19xEnergy
IRSA IRSA Inversiones y Representaciones Sociedad AnónimaAR$2.17k7.4%
+AR$114.2b		25.1%PE3.4xReal Estate
COME Sociedad Comercial del PlataAR$73.8023.2%
+AR$97.3b		-33.5%PS1xEnergy
INVJ Inversora JuramentoAR$549.0027.7%
+AR$84.2b		29.6%PS2xConsumer Staples
See more

Market Insights

Header cover image
💸 The Return of Share Buybacks in Tech
Richard Bowman avatar
Richard Bowman
|
|
Some of the biggest names in tech are restarting their buyback programs. By the end of this piece, you’ll see: What’s really driving this new buyback cycle, which companies are using it to create genuine value, and when repurchases are smart capital allocation or financial sleight of hand.
Continue reading
⚠️ Default Distress: What Private Credit Troubles Could Mean for Regional Banks
Last Week

⚠️ Default Distress: What Private Credit Troubles Could Mean for Regional Banks

Latest News

COME
AR$73.80
Sociedad Comercial del Plata
7D
23.2%
1Y
-33.5%
CEPU
AR$2,190.00
Central Puerto
7D
-1.2%
1Y
40.4%
TGNO4
AR$4,270.00
Transportadora de Gas del Norte
7D
-3.0%
1Y
14.2%
TRAN
AR$3,215.00
Compañía de Transporte de Energía Eléctrica en Alta Tensión Transener
7D
4.6%
1Y
46.1%
EDN
AR$2,338.00
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima
7D
-3.6%
1Y
18.7%
YPFD
AR$54,975.00
YPF Sociedad Anónima
7D
0.6%
1Y
48.7%
BYMA
AR$284.50
Bolsas y Mercados Argentinos
7D
-8.9%
1Y
66.4%
IRSA
AR$2,170.00
IRSA Inversiones y Representaciones Sociedad Anónima
7D
7.4%
1Y
25.1%
BBAR
AR$7,440.00
Banco BBVA Argentina
7D
-10.3%
1Y
19.8%

BBAR: Shares Will Benefit From Reduced Political Risk After Recent Election

Analysts have raised their price target for Banco BBVA Argentina from ARS 7,817 to ARS 11,606. They cite renewed optimism in the bank's growth prospects following recent election results, which are expected to reduce risk and support a stronger credit cycle.
GGAL
AR$7,815.00
Grupo Financiero Galicia
7D
-9.9%
1Y
23.3%
TGSU2
AR$8,890.00
Transportadora de Gas del Sur
7D
2.0%
1Y
41.8%
BMA
AR$12,210.00
Banco Macro
7D
-6.8%
1Y
33.4%
SUPV
AR$3,260.00
Grupo Supervielle
7D
-10.0%
1Y
35.3%
TXAR
AR$798.00
Ternium Argentina
7D
2.0%
1Y
-1.7%
BPAT
AR$2,515.00
Banco Patagonia
7D
4.8%
1Y
13.5%
INVJ
AR$549.00
Inversora Juramento
7D
27.7%
1Y
29.6%