Argentinian (MERVAL) Utilities Sector Analysis
- 7D-5.5%
- 3M21.9%
- 1Y76.0%
- YTD84.4%
Over the last 7 days, the Utilities industry has dropped 8.0%, driven by declines from every company within the industry. This takes the industry's 12 month performance to a gain of 94%.
Sector Valuation and Performance
Has the Argentinian Utilities Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 27 Nov 2021 | AR$472.8b | AR$436.1b | -AR$8,120,874,146.00 | 26.8x |
| Mon, 25 Oct 2021 | AR$556.4b | AR$419.2b | -AR$12,227,008,146.00 | 27.8x |
| Wed, 22 Sep 2021 | AR$423.2b | AR$416.6b | -AR$13,962,692,146.00 | 36.1x |
| Fri, 20 Aug 2021 | AR$344.0b | AR$423.0b | -AR$13,557,372,086.00 | 16x |
| Fri, 04 Jun 2021 | AR$287.9b | AR$410.9b | -AR$6,357,803,741.00 | 5.9x |
| Mon, 08 Mar 2021 | AR$251.2b | AR$401.4b | -AR$8,267,910,946.00 | 6.1x |
| Thu, 10 Dec 2020 | AR$278.2b | AR$448.9b | AR$25.1b | 4.3x |
| Wed, 02 Sep 2020 | AR$227.1b | AR$471.9b | AR$27.1b | 3.7x |
| Sat, 06 Jun 2020 | AR$201.1b | AR$507.5b | AR$65.8b | 3x |
| Tue, 10 Mar 2020 | AR$181.4b | AR$504.2b | AR$75.6b | 2.2x |
| Mon, 02 Dec 2019 | AR$192.1b | AR$540.0b | AR$102.3b | 1.8x |
| Thu, 05 Sep 2019 | AR$146.6b | AR$484.0b | AR$95.0b | 1.5x |
| Sun, 09 Jun 2019 | AR$242.4b | AR$436.0b | AR$53.7b | 3.4x |
| Sat, 02 Mar 2019 | AR$291.2b | AR$346.5b | AR$54.8b | 4.4x |
| Tue, 04 Dec 2018 | AR$185.3b | AR$265.6b | AR$52.5b | 3.7x |
3.7x
Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 26.7x which is higher than its 3-year average PE of 6.1x. It appears they are confident that earnings will grow faster in the future than they have historically.
Past Earnings Growth: Total earnings for the Utilities industry have declined over the last three years, with the industry now making a loss overall. But revenues have grown 18% per year. This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Argentinian Utilities sector?
| Renewable Energy | -4.33% | |
| Gas Utilities | -4.94% | |
| Electric Utilities | -6.14% | |
Industry PE: Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 10.9x. This is likely because analysts are expecting annual earnings growth of 114%, which is higher than its past year's earnings decline of 93% per year. Meanwhile, investors are most pessimistic about the Electric Utilities industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 4.8x.
Forecasted Growth: Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 114% over the next 5 years. This is better than its past earnings decline of 93% per year. Meanwhile, the Electric Utilities industry is expected to see its earnings grow by 6.0% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| EDN Empresa Distribuidora y Comercializadora Norte Sociedad Anónima | 1.5%+AR$787.8m | 117.2% | PS0.7x | |
| CAPX Capex | 1.2%+AR$224.8m | 57.7% | PE17.6x | |
| EMDE Empresa Distribuidora Eléctrica Regional | 1.4%+AR$6.1m | -35.9% | PS0.1x |