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Argentinian (MERVAL) Utilities Sector Analysis

UpdatedMar 18, 2026
DataAggregated Company Financials
Companies12
  • 7D-0.02%
  • 3M-13.0%
  • 1Y22.4%
  • YTD-11.0%

The Utilities industry is up 2.8% in the last week, with Pampa Energía up 2.0%. During this same period, the Camuzzi Gas Pampeana underperformed, falling 13%. This means that the industry has gained 17% over the past year. Earnings are forecast to grow by 16% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 18 Mar 2026AR$17.3tAR$11.9tAR$1.9t8.8x9.2x1.5x
Fri, 13 Feb 2026AR$18.9tAR$9.9tAR$1.5t12.6x12.7x1.9x
Sun, 11 Jan 2026AR$19.1tAR$10.0tAR$1.5t13.2x12.6x1.9x
Tue, 09 Dec 2025AR$20.6tAR$10.0tAR$1.5t13.6x13.3x2.1x
Thu, 06 Nov 2025AR$19.5tAR$9.8tAR$1.7t11.4x11.7x2x
Sat, 04 Oct 2025AR$11.7tAR$9.7tAR$1.7t6.8x7.1x1.2x
Mon, 01 Sep 2025AR$12.3tAR$9.6tAR$1.6t6.4x7.6x1.3x
Wed, 30 Jul 2025AR$14.5tAR$9.2tAR$1.6t9x9.3x1.6x
Fri, 27 Jun 2025AR$12.8tAR$9.2tAR$1.6t7.8x8.2x1.4x
Sun, 25 May 2025AR$15.2tAR$8.9tAR$1.5t9.5x9.9x1.7x
Tue, 22 Apr 2025AR$13.1tAR$8.2tAR$1.5t12.2x8.5x1.6x
Thu, 20 Mar 2025AR$14.7tAR$7.7tAR$1.4t14x10.2x1.9x
Sat, 15 Feb 2025AR$15.9tAR$5.6tAR$1.2t18x12.9x2.8x
Mon, 13 Jan 2025AR$16.8tAR$5.4tAR$1.2t17.4x13.8x3.1x
Wed, 11 Dec 2024AR$15.4tAR$5.4tAR$1.2t17.8x12.7x2.9x
Fri, 08 Nov 2024AR$12.2tAR$4.1tAR$777.6b30.4x15.7x3x
Sun, 06 Oct 2024AR$10.5tAR$4.4tAR$941.3b21.5x11.2x2.4x
Tue, 03 Sep 2024AR$9.9tAR$4.4tAR$941.3b21.7x10.5x2.2x
Thu, 01 Aug 2024AR$8.7tAR$3.7tAR$836.7b27.5x10.4x2.3x
Sat, 29 Jun 2024AR$9.3tAR$3.6tAR$832.3b10.9x11.2x2.5x
Mon, 27 May 2024AR$8.6tAR$3.5tAR$744.1b10.4x11.5x2.4x
Wed, 24 Apr 2024AR$7.4tAR$2.4tAR$283.8b22.2x26x3.1x
Fri, 22 Mar 2024AR$7.6tAR$2.4tAR$330.9b23.7x23x3.2x
Sun, 18 Feb 2024AR$7.5tAR$1.5tAR$342.0b13.8x22x4.9x
Tue, 16 Jan 2024AR$8.8tAR$1.5tAR$342.0b19.6x25.6x5.7x
Thu, 14 Dec 2023AR$7.4tAR$1.5tAR$351.7b11.9x20.9x4.9x
Sat, 11 Nov 2023AR$3.8tAR$1.4tAR$314.9b40.3x12.1x2.7x
Mon, 09 Oct 2023AR$4.1tAR$1.2tAR$206.9b48x19.6x3.5x
Wed, 06 Sep 2023AR$4.0tAR$1.2tAR$179.7b32.6x22.2x3.3x
Fri, 04 Aug 2023AR$2.9tAR$1.0tAR$121.9b27.6x23.6x2.8x
Sun, 02 Jul 2023AR$2.8tAR$1.0tAR$121.9b30x23.2x2.7x
Tue, 30 May 2023AR$2.3tAR$1.0tAR$121.7b26.6x19.2x2.3x
Thu, 27 Apr 2023AR$2.0tAR$1.0tAR$123.1b22.5x16.4x2x
Sat, 25 Mar 2023AR$1.4tAR$959.5bAR$115.5b14.6x12.4x1.5x
Price to Earnings Ratio

12.4x


Total Market Cap: AR$1.4tTotal Earnings: AR$115.5bTotal Revenue: AR$959.5bTotal 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 9.3x 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 154% 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 Market-1.00%
Utilities-0.022%
Renewable Energy1.61%
Electric Utilities0.50%
Gas Utilities-2.75%
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 growth of 0.3%, which is lower than the prior year's growth of 307.2% per year.
  • Investors are most pessimistic about the Gas Utilities industry, which is trading below its 3-year average of 18.7x.
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 12% per year.
  • In contrast, the Renewable Energy industry is expected to see its earnings growth to stay flat 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$4.94k2.0%
+AR$131.0b
25.2%PE12.6x
CEPU Central PuertoAR$2.30k1.6%
+AR$54.0b
52.1%PE9.9x
ECOG Ecogas InversionesAR$3.13k4.3%
+AR$29.8b
23.0%PE9.6x
DGCU2 Distribuidora de Gas CuyanaAR$1.70k2.4%
+AR$8.1b
6.3%PE6.5x
CECO2 Central CostaneraAR$394.001.8%
+AR$4.9b
-25.5%PE28.2x

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