(PAM) Pampa Energia - Overview
Sector: Industrials | Industry: Conglomerates | Exchange: NYSE (USA) | Market Cap: 4.336m USD | Total Return: 3.3% in 12m
Avg Turnover: 22.5M
EPS Trend: 8.8%
Qual. Beats: 2
Rev. Trend: -39.2%
Qual. Beats: 0
Warnings
Choppy
Tailwinds
No distinct edge detected
Pampa Energía S.A. (PAM) is a vertically integrated energy provider in Argentina, maintaining a diverse portfolio across power generation, midstream transmission, and upstream resource extraction. The company manages 5,472 MW of installed capacity through a mix of thermal, hydroelectric, and wind assets, while simultaneously operating a high-voltage transmission network spanning over 22,000 km.
The business model leverages integration to mitigate regional supply chain risks, combining natural gas production in the Neuquén and Río Negro provinces with extensive midstream pipeline infrastructure. In the utility sector, integrated models often provide more stable cash flows compared to pure-play explorers, as regulated transmission and distribution segments balance the volatility of commodity prices in the oil and gas segments.
In addition to its core energy operations, Pampa Energía produces downstream petrochemicals, including styrene and synthetic rubber, at facilities in Buenos Aires. Examining the companys historical performance on ValueRay can provide deeper insights into its valuation relative to emerging market peers. The firm remains a central player in Argentinas energy matrix, holding significant concessions for national gas transportation and processing.
- Natural gas production growth in Vaca Muerta shale formation drives upstream revenue
- Argentine government utility tariff adjustments impact power generation and distribution margins
- Local economic volatility and peso devaluation affect debt servicing and capital expenditures
- Expansion of renewable energy capacity diversifies power generation mix and improves ESG profile
- Natural gas pipeline infrastructure development increases midstream transportation and export capacity
| Net Income: 438.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.08 > 0.02 and ΔFCF/TA -7.34 > 1.0 |
| NWC/Revenue: 44.00% < 20% (prev 43.30%; Δ 0.69% < -1%) |
| CFO/TA 0.07 > 3% & CFO 505.2m > Net Income 438.0m |
| Net Debt (1.26b) to EBITDA (1.22b): 1.03 < 3 |
| Current Ratio: 2.04 > 1.5 & < 3 |
| Outstanding Shares: last quarter (54.4m) vs 12m ago 0.0% < -2% |
| Gross Margin: 31.62% > 18% (prev 0.31%; Δ 3.13k% > 0.5%) |
| Asset Turnover: 32.64% > 50% (prev 31.89%; Δ 0.76% > 0%) |
| Interest Coverage Ratio: 4.40 > 6 (EBITDA TTM 1.22b / Interest Expense TTM 175.3m) |
| A: 0.14 (Total Current Assets 1.86b - Total Current Liabilities 912.0m) / Total Assets 7.02b |
| B: 0.09 (Retained Earnings 639.0m / Total Assets 7.02b) |
| C: 0.12 (EBIT TTM 772.0m / Avg Total Assets 6.61b) |
| D: 0.97 (Book Value of Equity 3.12b / Total Liabilities 3.23b) |
| Altman-Z'' = 2.99 = A |
| DSRI: 1.07 (Receivables 531.0m/453.0m, Revenue 2.16b/1.98b) |
| GMI: 0.98 (GM 31.62% / 30.94%) |
| AQI: 0.96 (AQ_t 0.25 / AQ_t-1 0.26) |
| SGI: 1.09 (Revenue 2.16b / 1.98b) |
| TATA: -0.01 (NI 438.0m - CFO 505.2m) / TA 7.02b) |
| Beneish M = -2.95 (Cap -4..+1) = A |
As of May 29, 2026, the stock is trading at USD 84.09 with a total of 307,146 shares traded.
Over the past week, the price has changed by +5.85%,
over one month by +2.35%,
over three months by +8.11% and
over the past year by +3.30%.
Pampa Energia has received a consensus analysts rating of 3.88. Therefore, it is recommended to buy PAM.
- StrongBuy: 3
- Buy: 1
- Hold: 4
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 115.1 | 36.9% |
P/E Trailing = 9.7794
P/E Forward = 6.68
P/S = 2.0102
P/B = 1.1477
P/EG = 0.84
Revenue TTM = 2.16b USD
EBIT TTM = 772.0m USD
EBITDA TTM = 1.22b USD
Long Term Debt = 1.84b USD (from longTermDebt, last quarter)
Short Term Debt = 60.0m USD (from shortTermDebt, last quarter)
Debt = 1.94b USD (from shortLongTermDebtTotal, last quarter) + Leases 31.0m
Net Debt = 1.26b USD (calculated: Debt 1.94b - CCE 677.0m)
Enterprise Value = 5.60b USD (4.34b + Debt 1.94b - CCE 677.0m)
Interest Coverage Ratio = 4.40 (Ebit TTM 772.0m / Interest Expense TTM 175.3m)
EV/FCF = -9.62x (Enterprise Value 5.60b / FCF TTM -582.1m)
FCF Yield = -10.39% (FCF TTM -582.1m / Enterprise Value 5.60b)
FCF Margin = -26.99% (FCF TTM -582.1m / Revenue TTM 2.16b)
Net Margin = 20.31% (Net Income TTM 438.0m / Revenue TTM 2.16b)
Gross Margin = 31.62% ((Revenue TTM 2.16b - Cost of Revenue TTM 1.48b) / Revenue TTM)
Gross Margin QoQ = 33.68% (prev 25.05%)
Tobins Q-Ratio = 0.80 (Enterprise Value 5.60b / Total Assets 7.02b)
Interest Expense / Debt = 9.03% (Interest Expense 175.3m / Debt 1.94b)
Taxrate = 35.05% (204.0m / 582.0m)
NOPAT = 501.4m (EBIT 772.0m * (1 - 35.05%))
Current Ratio = 2.04 (Total Current Assets 1.86b / Total Current Liabilities 912.0m)
Debt / Equity = 0.51 (Debt 1.94b / totalStockholderEquity, last quarter 3.78b)
Debt / EBITDA = 1.03 (Net Debt 1.26b / EBITDA 1.22b)
Debt / FCF = -2.17 (negative FCF - burning cash) (Net Debt 1.26b / FCF TTM -582.1m)
Total Stockholder Equity = 3.58b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.63% (Net Income 438.0m / Total Assets 7.02b)
RoE = 12.24% (Net Income TTM 438.0m / Total Stockholder Equity 3.58b)
RoCE = 14.24% (EBIT 772.0m / Capital Employed (Equity 3.58b + L.T.Debt 1.84b))
RoIC = 8.13% (NOPAT 501.4m / Invested Capital 6.16b)
WACC = 7.31% (E(4.34b)/V(6.28b) * Re(7.96%) + D(1.94b)/V(6.28b) * Rd(9.03%) * (1-Tc(0.35)))
Discount Rate = 7.96% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -59.06 | Cagr: -76.08%
[DCF] Fair Price = unknown (Cash Flow -582.1m)
EPS Correlation: 8.78 | EPS CAGR: 14.89% | SUE: 1.94 | # QB: 2
Revenue Correlation: -39.22 | Revenue CAGR: -61.47% | SUE: -0.78 | # QB: 0
EPS current Quarter (2026-06-30): EPS=2.30 | Chg30d=-33.32% | Revisions=-20% | Analysts=2
EPS next Quarter (2026-09-30): EPS=2.74 | Chg30d=-23.43% | Revisions=-20% | Analysts=2
EPS current Year (2026-12-31): EPS=9.45 | Chg30d=-15.21% | Revisions=+0% | GrowthEPS=+36.9% | GrowthRev=+25.6%
EPS next Year (2027-12-31): EPS=13.10 | Chg30d=+7.16% | Revisions=+14% | GrowthEPS=+38.6% | GrowthRev=+17.4%
[Analyst] Revisions Ratio: -20%