Overview Dividends

(PAM) Pampa Energia - Ratings and Ratios

Exchange: NYSE • Country: Argentina • Currency: USD • Type: Common Stock • ISIN: US6976602077

Electricity, Oil, Gas, Petrochemicals, Transmission

Electric Utilities
Market Cap in USD: 5,076m
IPO / Inception: 2009-10-09
Return 12m vs S&P 500: -12.4%

EPS (Earnings per Share)

EPS (Earnings per Share) of PAM over the last years for every Quarter: "2020-12": 0.2589, "2021-03": -8.29, "2021-06": 1.23, "2021-09": 2.38, "2021-12": 0.78, "2022-03": 1.79, "2022-06": 1.2, "2022-09": 3.2, "2022-12": 2.05, "2023-03": 2.5, "2023-06": 3.34, "2023-09": 2.8, "2023-12": -2.85, "2024-03": 0.2, "2024-06": 0.1, "2024-09": 2.7, "2024-12": 1.9351, "2025-03": 2.6487, "2025-06": 0.7, "2025-09": 0.4,
EPS CAGR: -16.31%
EPS Trend: -18.4%
Last SUE: -0.61
Qual. Beats: 0

Revenue

Revenue of PAM over the last years for every Quarter: 2020-12: 285, 2021-03: 285, 2021-06: 340.69857641, 2021-09: 435, 2021-12: 406, 2022-03: 406, 2022-06: 462, 2022-09: 470.710102, 2022-12: 448, 2023-03: 431, 2023-06: 464, 2023-09: 474, 2023-12: 166770, 2024-03: 401, 2024-06: 500, 2024-09: 527.316457, 2024-12: 535.418913, 2025-03: 414, 2025-06: 486, 2025-09: 598.711344,
Rev. CAGR: 10.91%
Rev. Trend: 9.2%
Last SUE: -1.15
Qual. Beats: 0

Dividends

Currently no dividends paid
Risk via 5d forecast
Volatility 39.0%
Value at Risk 5%th 59.9%
Relative Tail Risk -6.55%
Reward TTM
Sharpe Ratio 0.27
Alpha -17.65
CAGR/Max DD 1.06
Character TTM
Hurst Exponent 0.452
Beta 1.209
Beta Downside 1.257
Drawdowns 3y
Max DD 40.40%
Mean DD 11.43%
Median DD 8.94%

Description: PAM Pampa Energia November 07, 2025

Pampa Energía S.A. (NYSE: PAM) is Argentina’s largest integrated power and energy group, operating across four segments: Oil & Gas (exploration-production in Neuquén and Río Negro), Generation (thermal, hydro and wind assets totaling 5,472 MW), Petrochemicals (styrene, synthetic rubber, polystyrene) and a utilities arm that runs a 22,396 km high-voltage transmission grid plus 9,248 km of natural-gas pipelines. The company also processes and sells natural-gas liquids in Bahía Blanca and provides related advisory services.

Key recent metrics: 2023 EBITDA of US$ 1.1 bn, a net-debt-to-EBITDA ratio of ~2.0×, and renewable generation (hydro + wind) representing roughly 30 % of total capacity-an increasing share as Argentina expands its renewable-energy targets. The firm’s earnings are highly sensitive to Argentine macro-factors such as CPI-driven electricity tariffs, sovereign-risk premiums on local debt, and the regulatory framework governing gas transportation concessions.

For a deeper quantitative assessment, you might explore ValueRay’s detailed financial models for PAM.

Piotroski VR‑10 (Strict, 0-10) 5.0

Net Income (373.5m TTM) > 0 and > 6% of Revenue (6% = 122.0m TTM)
FCFTA -0.03 (>2.0%) and ΔFCFTA 257.6pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 60.44% (prev 0.72%; Δ 59.72pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.10 (>3.0%) and CFO 654.7m > Net Income 373.5m (YES >=105%, WARN >=100%)
Net Debt (1.39b) to EBITDA (1.18b) ratio: 1.18 <= 3.0 (WARN <= 3.5)
Current Ratio 2.68 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (54.4m) change vs 12m ago -0.03% (target <= -2.0% for YES)
Gross Margin 31.39% (prev 34.88%; Δ -3.49pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 33.44% (prev 2854 %; Δ -2820 pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 4.90 (EBITDA TTM 1.18b / Interest Expense TTM 156.9m) >= 6 (WARN >= 3)

Altman Z'' 3.52

(A) 0.20 = (Total Current Assets 1.96b - Total Current Liabilities 732.8m) / Total Assets 6.27b
(B) 0.03 = Retained Earnings (Balance) 182.6m / Total Assets 6.27b
(C) 0.13 = EBIT TTM 769.0m / Avg Total Assets 6.08b
(D) 1.23 = Book Value of Equity 3.45b / Total Liabilities 2.81b
Total Rating: 3.52 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 44.02

1. Piotroski 5.0pt
2. FCF Yield -2.88%
3. FCF Margin -8.49%
4. Debt/Equity 0.52
5. Debt/Ebitda 1.18
6. ROIC - WACC (= -4.72)%
7. RoE 10.91%
8. Rev. Trend 9.17%
9. EPS Trend -18.40%

What is the price of PAM shares?

As of December 24, 2025, the stock is trading at USD 88.91 with a total of 103,435 shares traded.
Over the past week, the price has changed by +0.58%, over one month by +3.04%, over three months by +37.23% and over the past year by +2.58%.

Is PAM a buy, sell or hold?

Pampa Energia has received a consensus analysts rating of 3.88. Therefore, it is recommended to buy PAM.
  • Strong Buy: 3
  • Buy: 1
  • Hold: 4
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the PAM price?

Issuer Target Up/Down from current
Wallstreet Target Price 105.6 18.8%
Analysts Target Price 105.6 18.8%
ValueRay Target Price 118.3 33.1%

PAM Fundamental Data Overview December 24, 2025

Market Cap USD = 5.08b (5.08b USD * 1.0 USD.USD)
P/E Trailing = 15.4199
P/E Forward = 8.8968
P/S = 2.6355
P/B = 1.4575
P/EG = 0.84
Beta = 0.012
Revenue TTM = 2.03b USD
EBIT TTM = 769.0m USD
EBITDA TTM = 1.18b USD
Long Term Debt = 1.47b USD (from longTermDebt, last quarter)
Short Term Debt = 306.8m USD (from shortTermDebt, last quarter)
Debt = 1.81b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.39b USD (from netDebt column, last quarter)
Enterprise Value = 6.00b USD (5.08b + Debt 1.81b - CCE 886.0m)
Interest Coverage Ratio = 4.90 (Ebit TTM 769.0m / Interest Expense TTM 156.9m)
FCF Yield = -2.88% (FCF TTM -172.7m / Enterprise Value 6.00b)
FCF Margin = -8.49% (FCF TTM -172.7m / Revenue TTM 2.03b)
Net Margin = 18.36% (Net Income TTM 373.5m / Revenue TTM 2.03b)
Gross Margin = 31.39% ((Revenue TTM 2.03b - Cost of Revenue TTM 1.40b) / Revenue TTM)
Gross Margin QoQ = 41.05% (prev 30.04%)
Tobins Q-Ratio = 0.96 (Enterprise Value 6.00b / Total Assets 6.27b)
Interest Expense / Debt = 1.80% (Interest Expense 32.6m / Debt 1.81b)
Taxrate = 79.07% (114.3m / 144.6m)
NOPAT = 161.0m (EBIT 769.0m * (1 - 79.07%))
Current Ratio = 2.68 (Total Current Assets 1.96b / Total Current Liabilities 732.8m)
Debt / Equity = 0.52 (Debt 1.81b / totalStockholderEquity, last quarter 3.45b)
Debt / EBITDA = 1.18 (Net Debt 1.39b / EBITDA 1.18b)
Debt / FCF = -8.06 (negative FCF - burning cash) (Net Debt 1.39b / FCF TTM -172.7m)
Total Stockholder Equity = 3.42b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.95% (Net Income 373.5m / Total Assets 6.27b)
RoE = 10.91% (Net Income TTM 373.5m / Total Stockholder Equity 3.42b)
RoCE = 15.70% (EBIT 769.0m / Capital Employed (Equity 3.42b + L.T.Debt 1.47b))
RoIC = 3.10% (NOPAT 161.0m / Invested Capital 5.20b)
WACC = 7.82% (E(5.08b)/V(6.88b) * Re(10.47%) + D(1.81b)/V(6.88b) * Rd(1.80%) * (1-Tc(0.79)))
Discount Rate = 10.47% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -80.00%
Fair Price DCF = unknown (Cash Flow -172.7m)
EPS Correlation: -18.40 | EPS CAGR: -16.31% | SUE: -0.61 | # QB: 0
Revenue Correlation: 9.17 | Revenue CAGR: 10.91% | SUE: -1.15 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.16 | Chg30d=-0.080 | Revisions Net=-1 | Analysts=1
EPS next Year (2026-12-31): EPS=10.42 | Chg30d=+0.409 | Revisions Net=+0 | Growth EPS=+75.4% | Growth Revenue=+16.7%

Additional Sources for PAM Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle