Reported Earnings • 7h
First quarter 2026 earnings released: EPS: AR$38.05 (vs AR$42.69 in 1Q 2025) First quarter 2026 results: EPS: AR$38.05 (down from AR$42.69 in 1Q 2025). Revenue: AR$283.1b (up 30% from 1Q 2025). Net income: AR$21.7b (down 11% from 1Q 2025). Profit margin: 7.6% (down from 11% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 123% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to AR$2,143, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 9x in the Gas Utilities industry in Argentina. Total returns to shareholders of 2,105% over the past three years. Reported Earnings • Nov 10
Third quarter 2025 earnings released: EPS: AR$83.00 (vs AR$77.56 in 3Q 2024) Third quarter 2025 results: EPS: AR$83.00 (up from AR$77.56 in 3Q 2024). Revenue: AR$366.3b (up 13% from 3Q 2024). Net income: AR$47.2b (up 7.0% from 3Q 2024). Profit margin: 13% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 222% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment improves as stock rises 43% After last week's 43% share price gain to AR$2,101, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 7x in the Gas Utilities industry in Argentina. Total returns to shareholders of 2,790% over the past three years. Valuation Update With 7 Day Price Move • Sep 23
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to AR$1,501, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 6x in the Gas Utilities industry in Argentina. Total returns to shareholders of 2,313% over the past three years. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to AR$1,280, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 6x in the Gas Utilities industry in Argentina. Total returns to shareholders of 1,698% over the past three years. Reported Earnings • Aug 11
Second quarter 2025 earnings released: EPS: AR$55.61 (vs AR$107 in 2Q 2024) Second quarter 2025 results: EPS: AR$55.61 (down from AR$107 in 2Q 2024). Revenue: AR$285.9b (up 6.1% from 2Q 2024). Net income: AR$31.6b (down 48% from 2Q 2024). Profit margin: 11% (down from 23% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has increased by 218% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to AR$2,185, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 8x in the Gas Utilities industry in Argentina. Total returns to shareholders of 4,054% over the past three years. Buy Or Sell Opportunity • Jul 23
Now 21% overvalued Over the last 90 days, the stock has fallen 8.0% to AR$1,895. The fair value is estimated to be AR$1,566, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 55% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Jun 25
Now 27% overvalued Over the last 90 days, the stock has fallen 9.1% to AR$1,990. The fair value is estimated to be AR$1,566, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 55% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to AR$2,280, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 9x in the Gas Utilities industry in Argentina. Total returns to shareholders of 5,784% over the past three years. Reported Earnings • May 12
First quarter 2025 earnings released: EPS: AR$40.12 (vs AR$39.84 in 1Q 2024) First quarter 2025 results: EPS: AR$40.12 (up from AR$39.84 in 1Q 2024). Revenue: AR$205.2b (up 167% from 1Q 2024). Net income: AR$22.8b (flat on 1Q 2024). Profit margin: 11% (down from 30% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has increased by 267% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to AR$1,640, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 11x in the Gas Utilities industry in Argentina. Total returns to shareholders of 3,819% over the past three years. Announcement • Mar 21
MetroGAS S.A., Annual General Meeting, Apr 25, 2025 MetroGAS S.A., Annual General Meeting, Apr 25, 2025. Location: gregorio araoz de lamadrid 1360, buenos aires Argentina New Risk • Mar 11
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 17% Last year net profit margin: 29% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.2% average weekly change). Profit margins are more than 30% lower than last year (17% net profit margin). Reported Earnings • Mar 11
Full year 2024 earnings released: EPS: AR$271 (vs AR$168 in FY 2023) Full year 2024 results: EPS: AR$271 (up from AR$168 in FY 2023). Revenue: AR$925.1b (up 182% from FY 2023). Net income: AR$154.4b (up 62% from FY 2023). Profit margin: 17% (down from 29% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has increased by 265% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to AR$2,060, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 15x in the Gas Utilities industry in Argentina. Total returns to shareholders of 4,205% over the past three years. Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to AR$2,430, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 17x in the Gas Utilities industry in Argentina. Total returns to shareholders of 6,843% over the past three years. Valuation Update With 7 Day Price Move • Dec 13
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to AR$2,910, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 22x in the Gas Utilities industry in Argentina. Total returns to shareholders of 7,862% over the past three years. Valuation Update With 7 Day Price Move • Nov 22
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to AR$2,165, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 18x in the Gas Utilities industry in Argentina. Total returns to shareholders of 6,363% over the past three years. Board Change • Nov 21
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Valeria Soifer was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 10
Third quarter 2024 earnings released: EPS: AR$77.56 (vs AR$50.84 in 3Q 2023) Third quarter 2024 results: EPS: AR$77.56 (up from AR$50.84 in 3Q 2023). Revenue: AR$324.1b (up 153% from 3Q 2023). Net income: AR$44.1b (up 53% from 3Q 2023). Profit margin: 14% (down from 23% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has increased by 247% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to AR$1,400, the stock trades at a trailing P/E ratio of 26.4x. Average trailing P/E is 24x in the Gas Utilities industry in Argentina. Total returns to shareholders of 3,186% over the past three years. New Risk • Aug 19
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.2% Last year net profit margin: 29% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 16
Second quarter 2024 earnings released: EPS: AR$90.72 (vs AR$65.34 in 2Q 2023) Second quarter 2024 results: EPS: AR$90.72 (up from AR$65.34 in 2Q 2023). Revenue: AR$232.0b (up 379% from 2Q 2023). Net income: AR$51.6b (up 39% from 2Q 2023). Profit margin: 22% (down from 77% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has increased by 238% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to AR$971, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 9x in the Gas Utilities industry in South America. Total returns to shareholders of 3,550% over the past three years. Reported Earnings • May 11
First quarter 2024 earnings released First quarter 2024 results: Revenue: AR$64.7b (up 176% from 1Q 2023). Net income: AR$19.1b (up AR$18.8b from 1Q 2023). Profit margin: 30% (up from 1.5% in 1Q 2023). Valuation Update With 7 Day Price Move • May 03
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to AR$885, the stock trades at a trailing P/E ratio of 5.3x. Average trailing P/E is 10x in the Gas Utilities industry in South America. Total returns to shareholders of 5,149% over the past three years. Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to AR$768, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 9x in the Gas Utilities industry in South America. Total returns to shareholders of 4,311% over the past three years. Reported Earnings • Mar 11
Second quarter 2023 earnings released: EPS: AR$65.34 (vs AR$9.91 in 2Q 2022) Second quarter 2023 results: EPS: AR$65.34 (up from AR$9.91 in 2Q 2022). Revenue: AR$48.5b (down 4.2% from 2Q 2022). Net income: AR$37.2b (up AR$31.5b from 2Q 2022). Profit margin: 77% (up from 11% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has increased by 229% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to AR$661, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 9x in the Gas Utilities industry in South America. Total returns to shareholders of 3,461% over the past three years. New Risk • Feb 26
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (28% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (14% average weekly change). Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to AR$801, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 7x in the Gas Utilities industry in South America. Total returns to shareholders of 4,138% over the past three years. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to AR$917, the stock trades at a trailing P/E ratio of 13.7x. Average trailing P/E is 7x in the Gas Utilities industry in South America. Total returns to shareholders of 4,726% over the past three years. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to AR$951, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 9x in the Gas Utilities industry in South America. Total returns to shareholders of 4,879% over the past three years. Valuation Update With 7 Day Price Move • Dec 08
Investor sentiment improves as stock rises 78% After last week's 78% share price gain to AR$777, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 8x in the Gas Utilities industry in South America. Total returns to shareholders of 3,892% over the past three years. New Risk • Nov 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Argentinean stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (28% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). Valuation Update With 7 Day Price Move • Oct 24
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to AR$259, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 6x in the Gas Utilities industry in South America. Total returns to shareholders of 1,167% over the past three years. Valuation Update With 7 Day Price Move • Oct 10
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to AR$257, the stock trades at a trailing P/E ratio of 3.8x. Average trailing P/E is 6x in the Gas Utilities industry in South America. Total returns to shareholders of 1,360% over the past three years. Valuation Update With 7 Day Price Move • Sep 25
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to AR$223, the stock trades at a trailing P/E ratio of 3.3x. Average trailing P/E is 6x in the Gas Utilities industry in South America. Total returns to shareholders of 1,173% over the past three years. Board Change • Sep 22
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Ramiro Manzanal was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. New Risk • Sep 12
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 26% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to AR$266, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 17x in the Gas Utilities industry in South America. Total returns to shareholders of 1,404% over the past three years. Valuation Update With 7 Day Price Move • Aug 16
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to AR$255, the stock trades at a trailing P/E ratio of 22.9x. Average trailing P/E is 15x in the Gas Utilities industry in South America. Total returns to shareholders of 1,228% over the past three years. Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to AR$224, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 14x in the Gas Utilities industry in South America. Total returns to shareholders of 1,073% over the past three years. Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to AR$191, the stock trades at a trailing P/E ratio of 19.2x. Average trailing P/E is 12x in the Gas Utilities industry in South America. Total returns to shareholders of 993% over the past three years. Valuation Update With 7 Day Price Move • May 05
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to AR$161, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 9x in the Gas Utilities industry in South America. Total returns to shareholders of 829% over the past three years. Reported Earnings • Mar 14
Full year 2022 earnings released Full year 2022 results: Revenue: AR$107.1b (up 92% from FY 2021). Net income: AR$5.67b (up AR$10.1b from FY 2021). Profit margin: 5.3% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 98% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 26
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to AR$129, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 11x in the Gas Utilities industry in South America. Total returns to shareholders of 620% over the past three years. Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment improved over the past week After last week's 15% share price gain to AR$111, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 10x in the Gas Utilities industry in South America. Total returns to shareholders of 582% over the past three years. Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment improved over the past week After last week's 17% share price gain to AR$92.00, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 10x in the Gas Utilities industry in South America. Total returns to shareholders of 528% over the past three years. Board Change • Nov 16
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Non- Independent Vice Chairman of the Board Patrick Da Re was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment improved over the past week After last week's 19% share price gain to AR$71.80, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 8x in the Gas Utilities industry in South America. Total returns to shareholders of 411% over the past three years. Valuation Update With 7 Day Price Move • Oct 04
Investor sentiment improved over the past week After last week's 22% share price gain to AR$75.90, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 7x in the Gas Utilities industry in South America. Total returns to shareholders of 411% over the past three years. Board Change • Apr 27
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Non- Independent Vice Chairman of the Board Patrick Da Re was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 14
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Non- Independent Vice Chairman of the Board Patrick Da Re was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Is New 90 Day High Low • Mar 10
New 90-day low: AR$17.90 The company is down 7.0% from its price of AR$19.25 on 09 December 2020. The Argentinean market is down 13% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Gas Utilities industry, which is flat over the same period. Is New 90 Day High Low • Jan 21
New 90-day low: AR$18.00 The company is down 15% from its price of AR$21.15 on 23 October 2020. The Argentinean market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is up 3.0% over the same period. Reported Earnings • Nov 13
Third quarter 2020 earnings released: EPS AR$1.20 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: AR$15.7b (down 4.6% from 3Q 2019). Net income: AR$685.5m (up AR$974.9m from 3Q 2019). Profit margin: 4.4% (up from net loss in 3Q 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Oct 21
New 90-day high: AR$21.00 The company is up 9.0% from its price of AR$19.20 on 23 July 2020. The Argentinean market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Gas Utilities industry, which is up 7.0% over the same period.