Argentinian (MERVAL) Utilities Sector Analysis
UpdatedNov 28, 2022
DataAggregated Company Financials
Companies11
- 7D4.7%
- 3M19.3%
- 1Y150.9%
- YTD126.4%
In the last week, the Utilities industry is up 2.2%, with Central Puerto up 10%. This means that the industry has gained 145% over the past year. Looking forward, earnings are forecast to grow by 27% annually.
Sector Valuation and Performance
Has the Argentinian Utilities Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 28 Nov 2022 | AR$1.1t | AR$607.1b | AR$80.0b | 12.2x | 14.3x | 1.9x |
| Wed, 26 Oct 2022 | AR$938.5b | AR$560.9b | AR$60.6b | 8.7x | 15.5x | 1.7x |
| Fri, 23 Sep 2022 | AR$1.1t | AR$614.9b | AR$63.3b | 11.5x | 17.2x | 1.8x |
| Sun, 21 Aug 2022 | AR$984.7b | AR$605.5b | AR$43.7b | 13.1x | 22.5x | 1.6x |
| Tue, 19 Jul 2022 | AR$764.0b | AR$558.8b | AR$22.8b | 12.5x | 33.6x | 1.4x |
| Thu, 16 Jun 2022 | AR$618.8b | AR$537.1b | AR$17.9b | 11.6x | 34.5x | 1.2x |
| Sat, 14 May 2022 | AR$608.4b | AR$542.3b | AR$19.8b | 13.1x | 30.7x | 1.1x |
| Mon, 11 Apr 2022 | AR$618.4b | AR$509.5b | -AR$9,050,143,706.00 | 8x | -68.3x | 1.2x |
| Wed, 09 Mar 2022 | AR$608.0b | AR$407.2b | -AR$15,079,317,460.00 | 9.5x | -40.3x | 1.5x |
| Fri, 04 Feb 2022 | AR$550.8b | AR$407.2b | -AR$15,079,317,460.00 | 7.5x | -36.5x | 1.4x |
| Sun, 02 Jan 2022 | AR$512.8b | AR$407.2b | -AR$15,079,317,460.00 | 6.6x | -34x | 1.3x |
| Tue, 30 Nov 2021 | AR$474.2b | AR$436.1b | -AR$8,120,874,146.00 | 27x | -58.4x | 1.1x |
| Thu, 28 Oct 2021 | AR$544.1b | AR$419.2b | -AR$12,227,008,146.00 | 27.8x | -44.5x | 1.3x |
| Sat, 25 Sep 2021 | AR$429.7b | AR$419.2b | -AR$12,227,008,146.00 | 25.5x | -35.1x | 1x |
| Mon, 23 Aug 2021 | AR$349.1b | AR$423.0b | -AR$13,557,372,086.00 | 16.1x | -25.8x | 0.8x |
| Sat, 10 Jul 2021 | AR$324.0b | AR$423.0b | -AR$13,557,372,086.00 | 15.9x | -23.9x | 0.8x |
| Fri, 02 Apr 2021 | AR$254.3b | AR$403.4b | -AR$9,686,802,741.00 | 5.2x | -26.3x | 0.6x |
| Mon, 04 Jan 2021 | AR$263.0b | AR$404.3b | -AR$4,822,884,946.00 | 6.5x | -54.5x | 0.7x |
| Thu, 08 Oct 2020 | AR$221.1b | AR$451.0b | AR$24.5b | 4.3x | 9x | 0.5x |
| Wed, 01 Jul 2020 | AR$187.9b | AR$482.1b | AR$29.5b | 3.1x | 6.4x | 0.4x |
| Sat, 04 Apr 2020 | AR$144.9b | AR$506.6b | AR$68.7b | 2x | 2.1x | 0.3x |
| Tue, 07 Jan 2020 | AR$229.2b | AR$504.3b | AR$75.1b | 2.9x | 3.1x | 0.5x |
Price to Earnings Ratio
1.9x
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 13.9x which is higher than its 3-year average PE of -7.8x.
- The 3-year average PS ratio of 0.87x is lower than the industry's current PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Utilities industry have declined 7.9% per year over the last three years.
- Meanwhile revenues for these companies have grown 4.0% 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?
| AR Market | 3.96% | |
| Utilities | 4.70% | |
| Gas Utilities | 13.44% | |
| Renewable Energy | 8.46% | |
| Electric Utilities | 1.01% | |
| Other Utilities | 0% | |
| Water Utilities | 0% | |
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 35.3% and investors are willing to pay a premium for that growth.
- Investors are most pessimistic about the Gas Utilities industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 35% over the next 5 years.
- In contrast, the Electric Utilities industry is expected to see its earnings grow by 24% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CEPU Central Puerto | AR$175.00 | 10.1% +AR$24.1b | 167.2% | PE16.4x | |
| CGPA2 Camuzzi Gas Pampeana | AR$151.50 | 27.8% +AR$11.0b | 323.8% | PE12.2x | |
| PAMP Pampa Energía | AR$356.75 | 1.7% +AR$8.3b | 151.2% | PE7.7x | |
| METR MetroGAS | AR$86.00 | 13.9% +AR$6.0b | 156.7% | PE8.6x | |
| DGCU2 Distribuidora de Gas Cuyana | AR$113.50 | 9.1% +AR$1.9b | 206.8% | PE57x |