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

Argentinian (MERVAL) Utilities Sector Analysis

UpdatedApr 22, 2026
DataAggregated Company Financials
Companies12
  • 7D-1.0%
  • 3M-5.3%
  • 1Y35.8%
  • YTD-11.3%

Over the last 7 days, the Utilities industry has dropped 4.0%, driven by Pampa Energía declining 5.7%. In the past year, the industry has gained 43%. Looking forward, earnings are forecast to grow by 18% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 22 Apr 2026AR$17.7tAR$12.0tAR$1.9t8.8x9.4x1.5x
Fri, 20 Mar 2026AR$17.8tAR$11.9tAR$1.9t8.6x9.4x1.5x
Sun, 15 Feb 2026AR$18.0tAR$9.9tAR$1.5t12.7x12.1x1.8x
Tue, 13 Jan 2026AR$19.1tAR$10.0tAR$1.5t13.1x12.6x1.9x
Thu, 11 Dec 2025AR$20.3tAR$10.1tAR$1.5t13.4x13.1x2x
Sat, 08 Nov 2025AR$18.7tAR$9.7tAR$1.7t10.9x11.3x1.9x
Mon, 06 Oct 2025AR$11.6tAR$9.7tAR$1.7t6.8x7x1.2x
Wed, 03 Sep 2025AR$12.4tAR$9.6tAR$1.6t7.2x7.6x1.3x
Fri, 01 Aug 2025AR$15.1tAR$9.2tAR$1.6t8.8x9.7x1.6x
Sun, 29 Jun 2025AR$13.0tAR$9.2tAR$1.6t7.7x8.3x1.4x
Tue, 27 May 2025AR$15.2tAR$8.9tAR$1.5t9.7x9.9x1.7x
Thu, 24 Apr 2025AR$13.1tAR$8.3tAR$1.6t13x8.3x1.6x
Sat, 22 Mar 2025AR$15.1tAR$7.9tAR$1.4t13.9x10.5x1.9x
Mon, 17 Feb 2025AR$16.3tAR$5.6tAR$1.2t18x13.2x2.9x
Wed, 15 Jan 2025AR$16.4tAR$5.4tAR$1.2t16.6x13.5x3.1x
Fri, 13 Dec 2024AR$15.8tAR$5.4tAR$1.2t18.8x13x2.9x
Sun, 10 Nov 2024AR$12.1tAR$4.4tAR$888.8b14.2x13.6x2.8x
Tue, 08 Oct 2024AR$10.5tAR$4.4tAR$941.3b21.7x11.2x2.4x
Thu, 05 Sep 2024AR$9.9tAR$4.4tAR$941.3b21.7x10.5x2.2x
Sat, 03 Aug 2024AR$8.7tAR$3.7tAR$836.7b28.4x10.4x2.3x
Mon, 01 Jul 2024AR$9.1tAR$3.6tAR$832.3b10.9x10.9x2.5x
Wed, 29 May 2024AR$8.9tAR$3.5tAR$745.2b10.9x11.9x2.5x
Fri, 26 Apr 2024AR$7.3tAR$2.4tAR$283.8b21.5x25.8x3x
Sun, 24 Mar 2024AR$7.7tAR$2.4tAR$330.9b23.8x23.2x3.2x
Tue, 20 Feb 2024AR$7.5tAR$1.5tAR$342.0b13.5x21.9x4.9x
Thu, 18 Jan 2024AR$9.0tAR$1.5tAR$342.0b17.6x26.2x5.8x
Sat, 16 Dec 2023AR$7.3tAR$1.5tAR$351.7b11.2x20.9x4.9x
Mon, 13 Nov 2023AR$4.0tAR$1.4tAR$314.9b40.3x12.7x2.9x
Wed, 11 Oct 2023AR$4.5tAR$1.2tAR$206.9b52.5x21.8x3.8x
Fri, 08 Sep 2023AR$3.6tAR$1.2tAR$179.7b33.1x20.2x3x
Sun, 06 Aug 2023AR$2.9tAR$1.0tAR$121.9b28x24x2.8x
Tue, 04 Jul 2023AR$2.8tAR$1.0tAR$121.9b31x23.3x2.7x
Thu, 01 Jun 2023AR$2.3tAR$1.0tAR$121.7b26.4x19.1x2.2x
Sat, 29 Apr 2023AR$2.0tAR$1.0tAR$123.7b21.8x16.1x1.9x
Price to Earnings Ratio

16.1x


Total Market Cap: AR$2.0tTotal Earnings: AR$123.7bTotal Revenue: AR$1.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Argentinian Utilities Sector Price to Earnings3Y Average 14.5x202420252026
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 9.2x which is lower than its 3-year average PE of 14.5x.
  • The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 148% per year over the last three years.
  • Revenues for these companies have grown 127% 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 Market0.056%
Utilities-0.97%
Electric Utilities-0.88%
Gas Utilities-1.09%
Renewable Energy-1.09%
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 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 18.4x.
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 grow 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
EDN Empresa Distribuidora y Comercializadora Norte Sociedad AnónimaAR$2.02k1.7%
+AR$28.9b		7.3%PE7.4x
METR MetroGASAR$2.05k0.7%
+AR$8.5b		0.05%PE8.9x
CECO2 Central CostaneraAR$463.001.3%
+AR$4.2b		7.9%PE33.1x

Latest News

EDN
AR$2,018.00
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima
7D
1.7%
1Y
7.3%
CEPU
AR$2,244.00
Central Puerto
7D
-1.3%
1Y
72.0%

CEPU: Higher Margins And Lower Future P E Multiple Will Support Upside

Analysts have maintained their ARS 2,900 price target for Central Puerto, citing updated assumptions that combine a similar fair value with a higher required return, stronger revenue growth and profit margin projections, and a lower future P/E multiple. Valuation Changes Fair Value: The fair value estimate remains unchanged at ARS 2,900.
PAMP
AR$4,880.00
Pampa Energía
7D
-0.4%
1Y
36.7%

PAMP: Future Upside Will Be Driven By Rincon De Aranda Crude Exposure

Analysts have raised their ARS price target for Pampa Energía, citing a more supportive view on valuation linked to its Rincon de Aranda crude exposure and its disciplined investment approach. Analyst Commentary Bullish Takeaways Bullish analysts point to the move in the target to $97 from $88 as a reflection of stronger conviction in how the current valuation lines up with the quality of Pampa Energía's asset base.
CGPA2
AR$2,290.00
Camuzzi Gas Pampeana
7D
-0.2%
1Y
4.6%
TRAN
AR$3,807.50
Compañía de Transporte de Energía Eléctrica en Alta Tensión Transener
7D
-5.0%
1Y
85.3%
DGCE
AR$1,985.00
Distribuidora de Gas del Centro
7D
-0.5%
1Y
31.5%
DGCU2
AR$1,650.00
Distribuidora de Gas Cuyana
7D
-2.4%
1Y
33.1%
CECO2
AR$463.00
Central Costanera
7D
1.3%
1Y
7.9%
METR
AR$2,051.00
MetroGAS
7D
0.7%
1Y
0.05%
GBAN
AR$2,095.00
Naturgy BAN
7D
-0.5%
1Y
42.0%
ECOG
AR$2,990.00
Ecogas Inversiones
7D
-5.1%
1Y
30.7%