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Argentinian (MERVAL) Utilities Sector Analysis

UpdatedMar 21, 2026
DataAggregated Company Financials
Companies12
  • 7D0.6%
  • 3M-15.2%
  • 1Y13.7%
  • YTD-11.6%

The Utilities industry is up 1.4% in the last week, with Pampa Energía up 4.2%. Meanwhile, Compañía de Transporte de Energía Eléctrica en Alta Tensión Transener actually underperformed within the industry, shrinking 12% in the last week. This means that the industry has gained 20% over the past year. Looking forward, earnings are forecast to grow by 14% annually.

Sector Valuation and Performance

Has the Argentinian Utilities Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Mar 2026AR$18.1tAR$12.0tAR$1.9t8.5x9.6x1.5x
Mon, 16 Feb 2026AR$18.0tAR$9.9tAR$1.5t12.7x12.1x1.8x
Wed, 14 Jan 2026AR$19.0tAR$10.0tAR$1.5t12.9x12.5x1.9x
Fri, 12 Dec 2025AR$20.3tAR$10.0tAR$1.5t13.4x13.5x2x
Sun, 09 Nov 2025AR$18.4tAR$9.7tAR$1.7t10.9x11.1x1.9x
Tue, 07 Oct 2025AR$11.6tAR$9.8tAR$1.7t7x7x1.2x
Thu, 04 Sep 2025AR$12.5tAR$9.6tAR$1.6t7x7.7x1.3x
Sat, 02 Aug 2025AR$15.1tAR$9.2tAR$1.6t8.7x9.7x1.6x
Mon, 30 Jun 2025AR$13.0tAR$9.2tAR$1.6t7.7x8.3x1.4x
Wed, 28 May 2025AR$15.3tAR$8.9tAR$1.5t9.5x10x1.7x
Fri, 25 Apr 2025AR$13.6tAR$8.4tAR$1.6t12.9x8.5x1.6x
Sun, 23 Mar 2025AR$15.6tAR$7.9tAR$1.4t13.9x10.8x2x
Tue, 18 Feb 2025AR$16.3tAR$5.9tAR$1.3t15.3x12.7x2.8x
Thu, 16 Jan 2025AR$16.4tAR$5.4tAR$1.2t16.6x13.5x3.1x
Sat, 14 Dec 2024AR$15.7tAR$5.4tAR$1.2t19.7x12.9x2.9x
Mon, 11 Nov 2024AR$12.1tAR$4.4tAR$888.8b14.2x13.6x2.8x
Wed, 09 Oct 2024AR$10.2tAR$4.4tAR$941.3b21.7x10.9x2.3x
Fri, 06 Sep 2024AR$10.2tAR$4.4tAR$941.3b22x10.8x2.3x
Sun, 04 Aug 2024AR$8.4tAR$3.7tAR$836.7b28.4x10.1x2.3x
Tue, 02 Jul 2024AR$9.1tAR$3.6tAR$832.3b10.7x10.9x2.5x
Thu, 30 May 2024AR$9.1tAR$3.5tAR$750.8b10.8x12.2x2.6x
Sat, 27 Apr 2024AR$7.4tAR$2.4tAR$283.8b22.1x26.2x3.1x
Mon, 25 Mar 2024AR$7.7tAR$2.4tAR$330.9b23.8x23.2x3.2x
Wed, 21 Feb 2024AR$7.4tAR$1.5tAR$342.0b13x21.7x4.8x
Fri, 19 Jan 2024AR$9.0tAR$1.5tAR$342.0b17.6x26.3x5.8x
Sun, 17 Dec 2023AR$7.3tAR$1.5tAR$351.7b11.2x20.9x4.9x
Tue, 14 Nov 2023AR$3.9tAR$1.3tAR$329.9b39.1x11.8x3x
Thu, 12 Oct 2023AR$4.5tAR$1.2tAR$206.9b51.7x21.9x3.9x
Sat, 09 Sep 2023AR$3.6tAR$1.2tAR$177.1b29.9x20.5x3.1x
Mon, 07 Aug 2023AR$2.9tAR$1.0tAR$121.9b28x24x2.8x
Wed, 05 Jul 2023AR$2.9tAR$1.0tAR$121.9b31x23.7x2.8x
Fri, 02 Jun 2023AR$2.4tAR$1.0tAR$121.7b26.9x19.9x2.3x
Sun, 30 Apr 2023AR$2.0tAR$1.0tAR$123.7b21.8x16.1x1.9x
Tue, 28 Mar 2023AR$1.5tAR$962.7bAR$116.3b14.5x13.3x1.6x
Price to Earnings Ratio

13.3x


Total Market Cap: AR$1.5tTotal Earnings: AR$116.3bTotal Revenue: AR$962.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Argentinian Utilities Sector Price to Earnings3Y Average 14.6x202420252026
Current Industry PE
  • Investors are pessimistic on the Argentinean Utilities industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 9.4x which is lower than its 3-year average PE of 14.6x.
  • The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 153% per year over the last three years.
  • Revenues for these companies have grown 131% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Argentinian Utilities sector?

AR Market2.64%
Utilities0.61%
Electric Utilities1.44%
Renewable Energy0.79%
Gas Utilities-1.65%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings decline of 6.9%, which is lower than the prior year's growth of 223.4% per year.
  • Investors are most pessimistic about the Gas Utilities industry, which is trading below its 3-year average of 18.6x.
Forecasted Growth
  • Analysts are most optimistic on the Electric Utilities industry, expecting annual earnings growth of 24% over the next 5 years.
  • This is better than its past earnings decline of 33% per year.
  • In contrast, the Renewable Energy industry is expected to see its earnings decline by 6.9% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
PAMP Pampa EnergíaAR$4.95k4.2%
+AR$265.4b
16.3%PE12.7x
EDN Empresa Distribuidora y Comercializadora Norte Sociedad AnónimaAR$2.05k6.2%
+AR$105.1b
-4.5%PE7.5x
CECO2 Central CostaneraAR$411.007.7%
+AR$20.7b
-23.6%PE29.4x
CEPU Central PuertoAR$2.24k0.3%
+AR$9.0b
37.7%PE9.7x
METR MetroGASAR$1.98k0.5%
+AR$5.1b
-8.3%PE8.6x

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