Pampa Energía Valuation

Q: What is the Fair Price of 9PAA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

9PAA (€53) is trading above our estimate of [[fair value]] (€31.02)

Is 9PAA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 9PAA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 9PAA (€53) is trading above our estimate of fair value (€31.02)

Significantly Below Fair Value: 9PAA is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 9PAA?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for 9PAA. This is calculated by dividing 9PAA's market cap by their current preferred multiple.
What is 9PAA's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	AR$3.98t

9PAA key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	2.1x
Enterprise Value/EBITDA	5.7x
PEG Ratio	-2.6x

Price to Earnings Ratio vs Peers

How does 9PAA's PE Ratio compare to its peers?

The above table shows the PE ratio for 9PAA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	60.2x
LEC Lechwerke	25.4x	n/a	€2.4b
EBK EnBW Energie Baden-Württemberg	51.4x	n/a	€18.3b
MNV6 Mainova	16.7x	n/a	€2.0b
ECV Encavis	147.2x	42.6%	€2.8b
9PAA Pampa Energía	7.5x	-2.9%	€4.0t

Price-To-Earnings vs Peers: 9PAA is good value based on its Price-To-Earnings Ratio (7.5x) compared to the peer average (60.2x).

Price to Earnings Ratio vs Industry

How does 9PAA's PE Ratio compare vs other companies in the European Electric Utilities Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	2.3%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	2.3%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: 9PAA is good value based on its Price-To-Earnings Ratio (7.5x) compared to the European Electric Utilities industry average (12.4x).

Price to Earnings Ratio vs Fair Ratio

What is 9PAA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

9PAA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	7.5x
Fair PE Ratio	18.3x

Price-To-Earnings vs Fair Ratio: 9PAA is good value based on its Price-To-Earnings Ratio (7.5x) compared to the estimated Fair Price-To-Earnings Ratio (18.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.