PAM Stock Analysis: Pampa Energia | NYSE
Conglomerates | NYSE, USA | Market Cap: 4.331m USD | 12M Return: 15% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 14.9M
EPS Trend: 8.8%
Qual. Beats: 2
Rev. Trend: -39.2%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 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. (PAM) is an integrated Argentine power company operating across four segments: Oil and Gas, Generation, Petrochemicals, and Holding/Transportation. Its generation business combines thermal, hydroelectric, and wind power with 5,472 MW of installed capacity, while its transmission unit maintains a 22,445 km high-voltage electricity network across Argentina. The company also explores for oil and gas in the Neuquén and Río Negro basins, produces petrochemicals (styrene, synthetic rubber, and polystyrene), and holds a 9,248 km natural gas transportation concession covering central, western, and southern Argentina, plus NGL processing at Bahía Blanca.
Argentinas electricity market operates under a wholesale framework (the MEM) opened to private investment after the 1990s privatization reforms, allowing integrated players like Pampa to combine generation, transmission, and fuel supply under one corporate structure. The Neuquén basin, where the company explores, is home to the Vaca Muerta formation, one of the worlds largest unconventional oil and gas resources. Headquartered in Buenos Aires, Pampa was incorporated in 1945 and adopted its current name in 2008, with its NYSE listing dating to October 2009.
- Argentina electricity tariff hikes boost generation segment margins
- Vaca Muerta shale oil and gas production volumes accelerate
- Argentine peso devaluation pressures dollar-denominated debt service costs
| 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 30.94%; Δ 0.68% > 0.5%) |
| Asset Turnover: 32.64% > 50% (prev 31.89%; Δ 0.76% > 0%) |
| Interest Coverage Ratio: 4.40 > 6 (EBIT TTM 772.0m / 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: 1.17 (Book Value of Equity 3.78b / Total Liabilities 3.23b) |
| Altman-Z'' = 3.20 = A |
| DSRI: 1.07 (Receivables 531.0m/453.0m, Revenue 2.16b/1.98b) |
| GMI: 0.98 (GM 30.94% / 31.62%) |
| 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 July 10, 2026, the stock is trading at USD 81.21 with a total of 96,625 shares traded. Over the past week, the price has changed by +1.58%, over one month by -1.62%, over three months by -6.22% and over the past year by +14.98%.
Current recommended Stop Loss: 76.30 (which is 6% or 1.7 ATR below the current price).
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 | 116.2 | 43.1% |
P/E Trailing = 9.7673
P/E Forward = 6.68
P/S = 2.0077
P/B = 1.1463
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 (4.33b + Debt 1.94b - CCE 677.0m)
Interest Coverage Ratio = 4.40 (Ebit TTM 772.0m / Interest Expense TTM 175.3m)
EV/FCF = -9.61x (Enterprise Value 5.60b / FCF TTM -582.1m)
FCF Yield = -10.40% (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 = 24.40% (142.0m / 582.0m)
NOPAT = 583.6m (EBIT 772.0m * (1 - 24.40%))
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 = 9.64% (NOPAT 583.6m / Invested Capital 6.06b)
WACC = 7.55% (E(4.33b)/V(6.27b) * Re(7.87%) + D(1.94b)/V(6.27b) * Rd(9.03%) * (1-Tc(0.24)))
Discount Rate = 7.87% (= 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=-10.99% | Revisions=-25% | Analysts=2
EPS next Quarter (2026-09-30): EPS=2.74 | Chg30d=-1.74% | Revisions=-25% | Analysts=2
EPS current Year (2026-12-31): EPS=10.88 | Chg30d=+1.83% | Revisions=+0% | GrowthEPS=+57.7% | GrowthRev=+28.0%
EPS next Year (2027-12-31): EPS=14.09 | Chg30d=+8.57% | Revisions=+17% | GrowthEPS=+29.5% | GrowthRev=+18.6%
[Analyst] Revisions Ratio: -10% (up=3, down=4)