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Argentinian (MERVAL) Market Analysis & Valuation

UpdatedJan 04, 2025
DataAggregated Company Financials
Companies67
  • 7D4.9%
  • 3M56.2%
  • 1Y131.7%
  • YTD1.9%

Over the last 7 days, the market has risen 4.9%, driven by gains of 8.5% in the Financials sector. As for the past 12 months, the market is up 132%. Looking forward, earnings are forecast to grow by 2.0% annually.

Trending IndustriesOil and Gas

Market Valuation and Performance

Has the Argentinian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 05 Jan 2025AR$107.2tAR$47.6tAR$4.3t24.5x25.1x2.3x
Tue, 03 Dec 2024AR$91.9tAR$49.5tAR$4.3t20x21.3x1.9x
Thu, 31 Oct 2024AR$72.6tAR$45.8tAR$3.0t23.3x24x1.6x
Sat, 28 Sep 2024AR$68.2tAR$45.0tAR$3.0t20.1x22.5x1.5x
Mon, 26 Aug 2024AR$65.1tAR$43.4tAR$2.8t19.2x22.9x1.5x
Wed, 24 Jul 2024AR$65.7tAR$36.6tAR$2.4t20.3x27.7x1.8x
Fri, 21 Jun 2024AR$66.1tAR$36.6tAR$2.4t17.6x27.7x1.8x
Sun, 19 May 2024AR$61.6tAR$39.9tAR$1.8t16.9x34.5x1.5x
Tue, 16 Apr 2024AR$49.6tAR$37.4tAR$619.0b15.8x80.1x1.3x
Thu, 14 Mar 2024AR$43.9tAR$35.1tAR$790.1b24.9x55.6x1.3x
Sat, 10 Feb 2024AR$51.2tAR$14.1tAR$1.8t43.4x28.9x3.6x
Mon, 08 Jan 2024AR$46.6tAR$13.9tAR$1.7t35x27.3x3.3x
Wed, 06 Dec 2023AR$38.1tAR$15.2tAR$1.8t24x21.4x2.5x
Fri, 03 Nov 2023AR$27.0tAR$12.5tAR$854.9b22.9x31.6x2.2x
Sun, 01 Oct 2023AR$24.7tAR$12.3tAR$841.1b22.7x29.4x2x
Tue, 29 Aug 2023AR$26.9tAR$11.8tAR$725.1b24.8x37.1x2.3x
Thu, 27 Jul 2023AR$20.2tAR$10.5tAR$550.6b21.2x36.7x1.9x
Sat, 24 Jun 2023AR$18.1tAR$10.4tAR$530.0b21.7x34.1x1.7x
Mon, 22 May 2023AR$14.7tAR$10.3tAR$525.7b18.2x28x1.4x
Wed, 19 Apr 2023AR$12.4tAR$9.8tAR$430.1b15x28.9x1.3x
Fri, 17 Mar 2023AR$9.7tAR$9.4tAR$372.7b14.6x26.1x1x
Sun, 12 Feb 2023AR$11.1tAR$6.8tAR$425.9b16.5x26x1.6x
Tue, 10 Jan 2023AR$9.7tAR$6.8tAR$430.1b15.7x22.6x1.4x
Thu, 08 Dec 2022AR$7.6tAR$6.8tAR$437.5b12.7x17.4x1.1x
Sat, 05 Nov 2022AR$6.8tAR$6.2tAR$658.8b10.9x10.4x1.1x
Mon, 03 Oct 2022AR$6.3tAR$6.2tAR$616.7b10.6x10.3x1x
Wed, 31 Aug 2022AR$6.5tAR$6.1tAR$556.4b12.7x11.7x1.1x
Fri, 29 Jul 2022AR$5.8tAR$5.6tAR$320.4b13.2x18.2x1.1x
Sun, 26 Jun 2022AR$4.0tAR$5.5tAR$314.0b10.3x12.6x0.7x
Tue, 24 May 2022AR$5.4tAR$5.5tAR$316.0b13.4x17.1x1x
Thu, 21 Apr 2022AR$5.6tAR$5.3tAR$256.8b13.7x21.8x1.1x
Sat, 19 Mar 2022AR$5.5tAR$5.1tAR$760.7b15.7x7.2x1.1x
Mon, 14 Feb 2022AR$4.4tAR$4.1tAR$86.2b16.1x51x1.1x
Wed, 12 Jan 2022AR$4.1tAR$4.1tAR$88.3b16.5x46.9x1x
Price to Earnings Ratio

46.9x


Total Market Cap: AR$4.1tTotal Earnings: AR$88.3bTotal Revenue: AR$4.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Argentinian Market Price to Earnings3Y Average 28.8x202320242025
Current Market PE
  • Investors are pessimistic on the Argentinean market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 25.1x which is lower than its 3-year average PE of 28.8x.
Past Earnings Growth
  • The earnings for Argentinean listed companies have grown 264% 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.

Sector Trends

Which sectors have driven the changes within the Argentinian Market?

AR Market4.88%
Financials8.52%
Telecom7.70%
Energy5.01%
Utilities2.53%
Healthcare1.72%
Consumer Discretionary0.83%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Real Estate-0.14%
Materials-0.16%
Tech-0.62%
Consumer Staples-1.57%
Industrials-1.97%
Sector PE
  • Investors favour the Consumer Staples sector the most for future growth, which is trading above its 3-year average PE ratio of 29.2x.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 16% over the next 5 years.
  • This is better than its past earnings decline of 17% per year.
  • In contrast, the Telecom sector is expected to see its earnings decline by 81% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
GGAL Grupo Financiero GaliciaAR$8.23k8.1%
+AR$914.3b
335.6%PB2.7xFinancials
YPFD YPF Sociedad AnónimaAR$52.50k4.1%
+AR$806.3b
176.1%PE27.2xEnergy
BMA Banco MacroAR$13.00k8.6%
+AR$655.4b
335.4%PB20.8xFinancials
BBAR Banco BBVA ArgentinaAR$8.70k11.4%
+AR$545.3b
356.6%PB2.3xFinancials
TECO2 Telecom ArgentinaAR$3.39k8.0%
+AR$538.4b
105.5%PE17xTelecom
See more
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Market Insights

First, let us say, Happy New Year! 2024 was a jam packed year, which no doubt kept a lot of us on our toes. So what does 2025 have in store for us...

Latest News

PAMP

AR$4,445.00

Pampa Energía

7D

6.1%

1Y

101.3%

CGPA2

AR$3,710.00

Camuzzi Gas Pampeana

7D

-7.5%

1Y

244.3%

MOLA

AR$32,900.00

Molinos Agro

7D

-4.3%

1Y

70.9%

BBAR

AR$8,700.00

Banco BBVA Argentina

7D

11.4%

1Y

356.6%

YPFD

AR$52,500.00

YPF Sociedad Anónima

7D

4.1%

1Y

176.1%

BMA

AR$13,000.00

Banco Macro

7D

8.6%

1Y

335.4%

GGAL

AR$8,230.00

Grupo Financiero Galicia

7D

8.1%

1Y

335.6%

TXAR

AR$882.00

Ternium Argentina

7D

-1.6%

1Y

-12.8%

METR

AR$2,820.00

MetroGAS

7D

-2.6%

1Y

240.2%

CEPU

AR$1,895.00

Central Puerto

7D

10.2%

1Y

82.2%

DGCU2

AR$1,875.00

Distribuidora de Gas Cuyana

7D

-6.0%

1Y

88.7%

CTIO

AR$2,495.00

Consultatio

7D

-3.5%

1Y

72.2%

TECO2

AR$3,385.00

Telecom Argentina

7D

8.0%

1Y

105.5%

TGSU2

AR$7,760.00

Transportadora de Gas del Sur

7D

9.6%

1Y

139.6%