PAM Stock Analysis: Pampa Energia | NYSE
Conglomerates | NYSE, USA | Market Cap: 4.318m USD | 12M Return: 25.1% | US6976602077 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 12.0M
EPS Trend: 54.7%
Qual. Beats: 0
Rev. Trend: -59.4%
Qual. Beats: -1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Pampa Energía S.A. is an integrated power company headquartered in Buenos Aires, Argentina, operating across electricity generation, oil and gas, petrochemicals, and transmission. The company generates power through thermal, hydroelectric, and wind facilities with a combined installed capacity of 5,472 MW, and operates a 22,445 km high-voltage transmission network. Its vertically integrated model also spans upstream oil and gas exploration in the Neuquén and Río Negro basins, natural gas transportation via 9,248 km of pipelines, and petrochemical production of styrene, synthetic rubber, and polystyrene.
As a domestically oriented utility, Pampas operations sit within an Argentine energy market shaped by regulated tariffs, peso-denominated revenues, and periodic government price controls, which makes currency and regulatory dynamics key swing factors for the business. The company was incorporated in 1945, rebranded from Pampa Holding S.A. in September 2008, and has traded on the NYSE under the ticker PAM since its 2009 listing.
- Argentine peso devaluation pressures dollar-denominated debt and margins
- Electricity demand recovery boosts generation segment capacity utilization
- Vaca Muerta shale development expands oil and gas production volumes
| Net Income: 570.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.05 > 0.02 and ΔFCF/TA -1.64 > 1.0 |
| NWC/Revenue: 75.38% < 20% (prev 56.45%; Δ 18.93% < -1%) |
| CFO/TA 0.09 > 3% & CFO 662.2m > Net Income 570.0m |
| Net Debt (1.38b) to EBITDA (1.25b): 1.10 < 3 |
| Current Ratio: 3.64 > 1.5 & < 3 |
| Outstanding Shares: last quarter (54.4m) vs 12m ago 0.0% < -2% |
| Gross Margin: 33.10% > 18% (prev 28.76%; Δ 4.33% > 0.5%) |
| Asset Turnover: 34.85% > 50% (prev 32.06%; Δ 2.79% > 0%) |
| Interest Coverage Ratio: 4.21 > 6 (EBIT TTM 756.9m / Interest Expense TTM 180.0m) |
| A: 0.24 (Total Current Assets 2.51b - Total Current Liabilities 690.0m) / Total Assets 7.75b |
| B: 0.06 (Retained Earnings 456.0m / Total Assets 7.75b) |
| C: 0.11 (EBIT TTM 756.9m / Avg Total Assets 6.94b) |
| D: 1.09 (Book Value of Equity 4.03b / Total Liabilities 3.71b) |
| Altman-Z'' = 3.61 = AA |
| DSRI: 1.51 (Receivables 912.3m/490.0m, Revenue 2.42b/1.96b) |
| GMI: 0.87 (GM 28.76% / 33.10%) |
| AQI: 0.96 (AQ_t 0.22 / AQ_t-1 0.23) |
| SGI: 1.23 (Revenue 2.42b / 1.96b) |
| TATA: -0.01 (NI 570.0m - CFO 662.2m) / TA 7.75b) |
| Beneish M = -2.58 (Cap -4..+1) = A |
As of October 17, 2026, the stock is trading at USD 81.10 with a total of 147,630 shares traded. Over the past week, the price has changed by +0.95%, over one month by -3.58%, over three months by -0.81% and over the past year by +25.14%.
Current recommended Stop Loss: 77.10 (which is 4.9% or 1.8 ATR below the current price).
Pampa Energia has received a consensus analysts rating of 4.45. Therefore, it is recommended to buy PAM.
- StrongBuy: 7
- Buy: 2
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 121.1 | 49.3% |
P/E Trailing = 7.3036
P/E Forward = 6.68
P/S = 1.7818
P/B = 1.0693
P/EG = 0.84
Revenue TTM = 2.42b USD
EBIT TTM = 756.9m USD
EBITDA TTM = 1.25b USD
Long Term Debt = 2.58b USD (from longTermDebt, last quarter)
Short Term Debt = 42.0m USD (from shortTermDebt, last quarter)
Debt = 2.66b USD (from shortLongTermDebtTotal, last quarter) + Leases 31.0m
Net Debt = 1.38b USD (calculated: Debt 2.66b - CCE 1.28b)
Enterprise Value = 5.69b USD (4.32b + Debt 2.66b - CCE 1.28b)
Interest Coverage Ratio = 4.21 (Ebit TTM 756.9m / Interest Expense TTM 180.0m)
EV/FCF = -14.34x (Enterprise Value 5.69b / FCF TTM -397.1m)
FCF Yield = -6.97% (FCF TTM -397.1m / Enterprise Value 5.69b)
FCF Margin = -16.43% (FCF TTM -397.1m / Revenue TTM 2.42b)
Net Margin = 23.58% (Net Income TTM 570.0m / Revenue TTM 2.42b)
Gross Margin = 33.10% ((Revenue TTM 2.42b - Cost of Revenue TTM 1.62b) / Revenue TTM)
Gross Margin QoQ = 35.39% (prev 33.68%)
Tobins Q-Ratio = 0.73 (Enterprise Value 5.69b / Total Assets 7.75b)
Interest Expense / Debt = 6.77% (Interest Expense 180.0m / Debt 2.66b)
Taxrate = 15.57% (106.0m / 681.0m)
NOPAT = 639.1m (EBIT 756.9m * (1 - 15.57%))
Current Ratio = 3.64 (Total Current Assets 2.51b / Total Current Liabilities 690.0m)
Debt / Equity = 0.66 (Debt 2.66b / totalStockholderEquity, last quarter 4.03b)
Debt / EBITDA = 1.10 (Net Debt 1.38b / EBITDA 1.25b)
Debt / FCF = -3.47 (negative FCF - burning cash) (Net Debt 1.38b / FCF TTM -397.1m)
Total Stockholder Equity = 3.72b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.22% (Net Income 570.0m / Total Assets 7.75b)
RoE = 15.34% (Net Income TTM 570.0m / Total Stockholder Equity 3.72b)
RoCE = 12.03% (EBIT 756.9m / Capital Employed (Equity 3.72b + L.T.Debt 2.58b))
RoIC = 9.16% (NOPAT 639.1m / Invested Capital 6.98b)
WACC = 6.75% (E(4.32b)/V(6.98b) * Re(7.39%) + D(2.66b)/V(6.98b) * Rd(6.77%) * (1-Tc(0.16)))
Discount Rate = 7.39% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -34.82 | Cagr: 0.0%
[DCF] Fair Price = unknown (Cash Flow -397.1m)
EPS Correlation: 54.69 | EPS CAGR: 35.44% | SUE: 0.80 | # QB: 0
Revenue Correlation: -59.43 | Revenue CAGR: -76.16% | SUE: -1.16 | # QB: -1
EPS current Quarter (2026-09-30): EPS=2.50 | Chg30d=+38.81% | Revisions=-40% | Analysts=3
EPS current Year (2026-12-31): EPS=10.62 | Chg30d=+1.92% | Revisions=+29% | GrowthEPS=+53.9% | GrowthRev=+41.6%
EPS next Year (2027-12-31): EPS=11.74 | Chg30d=-1.56% | Revisions=-40% | GrowthEPS=+10.5% | GrowthRev=+14.0%
[Analyst] Revisions Ratio: -18% (up=3, down=5)