Financials Pampa Energía S.A.

Equities

PAMP

ARP432631215

Electric Utilities

End-of-day quote Buenos Aires S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
1,913 ARS +0.65% Intraday chart for Pampa Energía S.A. +4.27% -0.94%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 84,892 119,953 229,776 608,646 2,632,231 2,601,470 - -
Enterprise Value (EV) 1 166,132 222,219 318,725 608,646 2,632,231 3,768,147 4,038,029 3,753,472
P/E ratio 2.71 x -3.81 x 8.58 x 9.37 x 76.5 x 19.4 x 7.95 x 7.18 x
Yield - - - - - - - -
Capitalization / Revenue 0.55 x 1.57 x 1.59 x 2.51 x 5.12 x 1.52 x 1.36 x 1.17 x
EV / Revenue 1.07 x 2.9 x 2.2 x 2.51 x 5.12 x 2.2 x 2.12 x 1.68 x
EV / EBITDA 2.9 x 3.26 x 3.24 x 3.35 x 4.04 x 4.49 x 4.23 x 3.34 x
EV / FCF 18.7 x 5.14 x 5.56 x - - 39.4 x 11.1 x 7.31 x
FCF Yield 5.36% 19.5% 18% - - 2.54% 9% 13.7%
Price to Book 0.78 x - 1.27 x - - 0.67 x 0.58 x 0.5 x
Nbr of stocks (in thousands) 1,704,650 1,544,786 1,382,527 1,383,600 1,362,720 1,359,641 - -
Reference price 2 49.80 77.65 166.2 439.9 1,932 1,913 1,913 1,913
Announcement Date 3/10/20 3/11/21 3/10/22 3/9/23 3/6/24 - - -
1ARS in Million2ARS
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 154,642 76,639 144,641 242,182 513,727 1,711,839 1,907,544 2,228,126
EBITDA 1 57,266 68,089 98,443 181,937 651,228 839,191 953,704 1,122,859
EBIT 1 23,535 28,549 56,426 88,451 117,754 564,712 675,380 804,114
Operating Margin 15.22% 37.25% 39.01% 36.52% 22.92% 32.99% 35.41% 36.09%
Earnings before Tax (EBT) 1 45,431 12,487 38,216 84,289 169,248 387,699 461,145 532,114
Net income 1 33,012 -31,447 27,097 64,859 34,488 273,264 346,695 368,848
Net margin 21.35% -41.03% 18.73% 26.78% 6.71% 15.96% 18.17% 16.55%
EPS 2 18.35 -20.40 19.38 46.97 25.25 98.61 240.7 266.6
Free Cash Flow 1 8,898 43,230 57,333 - - 95,725 363,395 513,810
FCF margin 5.75% 56.41% 39.64% - - 5.59% 19.05% 23.06%
FCF Conversion (EBITDA) 15.54% 63.49% 58.24% - - 11.41% 38.1% 45.76%
FCF Conversion (Net income) 26.95% - 211.59% - - 35.03% 104.82% 139.3%
Dividend per Share 2 - - - - - - - -
Announcement Date 3/10/20 3/11/21 3/10/22 3/9/23 3/6/24 - - -
1ARS in Million2ARS
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 42,529 40,901 44,011 55,512 69,225 73,434 83,915 110,341 152,701 166,770 368,883 381,446 495,067 454,814
EBITDA 1 26,238 21,647 26,380 33,964 39,200 36,668 47,085 63,315 85,400 115,022 171,225 170,262 215,254 169,300
EBIT 1 20,510 11,470 14,481 - - 27,043 26,160 35,344 53,105 3,145 103,629 101,389 144,822 106,527
Operating Margin 48.23% 28.04% 32.9% - - 36.83% 31.17% 32.03% 34.78% 1.89% 28.09% 26.58% 29.25% 23.42%
Earnings before Tax (EBT) 1 - - - - - - 26,285 - 64,082 28,851 87,142 74,876 40,419 5,129
Net income 1 - 4,520 - 8,165 23,979 22,411 26,918 42,179 50,611 -85,220 62,226 61,934 66,078 34,265
Net margin - 11.05% - 14.71% 34.64% 30.52% 32.08% 38.23% 33.14% -51.1% 16.87% 16.24% 13.35% 7.53%
EPS 2 9.060 3.260 - - - - - - 37.21 -62.66 36.08 36.51 21.27 4.750
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 11/10/21 3/10/22 5/12/22 8/11/22 11/7/22 3/9/23 5/10/23 8/9/23 11/8/23 3/6/24 - - - -
1ARS in Million2ARS
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 81,240 102,266 88,949 - - 1,166,677 1,436,559 1,152,002
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.419 x 1.502 x 0.9036 x - - 1.39 x 1.506 x 1.026 x
Free Cash Flow 1 8,898 43,230 57,333 - - 95,725 363,395 513,810
ROE (net income / shareholders' equity) 39.7% 15.1% 17.8% - - 13.1% 11.8% 73.6%
ROA (Net income/ Total Assets) 11.9% - 6.71% - - 2.34% 3.93% 3.8%
Assets 1 277,132 - 404,071 - - 11,687,928 8,812,776 9,706,526
Book Value Per Share 2 63.80 - 131.0 - - 2,853 3,325 3,857
Cash Flow per Share - 32.80 51.30 - - - - -
Capex 1 28,813 11,292 22,583 - - 565,446 439,707 470,373
Capex / Sales 18.63% 14.73% 15.61% - - 33.03% 23.05% 21.11%
Announcement Date 3/10/20 3/11/21 3/10/22 3/9/23 3/6/24 - - -
1ARS in Million2ARS
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
3
Last Close Price
1,913 ARS
Average target price
3,089 ARS
Spread / Average Target
+61.44%
Consensus
  1. Stock Market
  2. Equities
  3. PAMP Stock
  4. Financials Pampa Energía S.A.