Argentinian (MERVAL) Utilities Sector Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies10
- 7D2.7%
- 3M12.1%
- 1Y267.2%
- YTD21.2%
The Utilities industry is up 2.7% in the last week, with Pampa Energía up 4.2%. This means that the industry has gained 268% over the past year. As for the next few years, earnings are forecast to decline by 1.6% per annum.
Sector Valuation and Performance
Has the Argentinian Utilities Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | AR$8.4t | AR$3.5t | AR$743.3b | 10.2x | 11.3x | 2.4x |
| Tue, 16 Apr 2024 | AR$7.6t | AR$2.4t | AR$283.8b | 21.6x | 26.8x | 3.1x |
| Thu, 14 Mar 2024 | AR$6.6t | AR$2.3t | AR$336.2b | 20.1x | 19.6x | 2.9x |
| Sat, 10 Feb 2024 | AR$8.1t | AR$1.5t | AR$342.0b | 13.7x | 23.7x | 5.3x |
| Mon, 08 Jan 2024 | AR$7.7t | AR$1.5t | AR$341.7b | 12.7x | 22.4x | 5x |
| Wed, 06 Dec 2023 | AR$5.7t | AR$1.5t | AR$351.7b | 10.4x | 16.2x | 3.8x |
| Fri, 03 Nov 2023 | AR$4.0t | AR$1.2t | AR$206.9b | 51.6x | 19.4x | 3.4x |
| Sun, 01 Oct 2023 | AR$3.7t | AR$1.2t | AR$206.9b | 43.7x | 17.7x | 3.1x |
| Tue, 29 Aug 2023 | AR$4.2t | AR$1.2t | AR$179.7b | 33.8x | 23.3x | 3.5x |
| Thu, 27 Jul 2023 | AR$3.0t | AR$1.0t | AR$121.9b | 29.2x | 24.8x | 2.9x |
| Sat, 24 Jun 2023 | AR$2.8t | AR$1.0t | AR$121.9b | 27.6x | 22.7x | 2.7x |
| Mon, 22 May 2023 | AR$2.3t | AR$1.1t | AR$128.3b | 23.4x | 17.8x | 2.2x |
| Wed, 19 Apr 2023 | AR$1.9t | AR$1.0t | AR$121.0b | 20.6x | 16x | 1.9x |
| Fri, 17 Mar 2023 | AR$1.5t | AR$926.9b | AR$98.7b | 15.6x | 14.8x | 1.6x |
| Sun, 12 Feb 2023 | AR$1.6t | AR$594.6b | AR$79.4b | 21.6x | 20.8x | 2.8x |
| Tue, 10 Jan 2023 | AR$1.5t | AR$594.6b | AR$79.4b | 20.1x | 19.1x | 2.6x |
| Thu, 08 Dec 2022 | AR$1.2t | AR$614.5b | AR$80.7b | 12.2x | 14.8x | 1.9x |
| Sat, 05 Nov 2022 | AR$1.0t | AR$560.9b | AR$60.6b | 9.1x | 16.5x | 1.8x |
| Mon, 03 Oct 2022 | AR$1.1t | AR$610.9b | AR$69.2b | 8.7x | 15.2x | 1.7x |
| Wed, 31 Aug 2022 | AR$1.0t | AR$618.6b | AR$60.3b | 14x | 17.3x | 1.7x |
| Fri, 29 Jul 2022 | AR$903.8b | AR$558.4b | AR$23.2b | 14.6x | 39x | 1.6x |
| Sun, 26 Jun 2022 | AR$599.6b | AR$534.1b | AR$18.4b | 10.9x | 32.7x | 1.1x |
| Tue, 24 May 2022 | AR$609.6b | AR$537.3b | AR$16.8b | 12.3x | 36.2x | 1.1x |
| Thu, 21 Apr 2022 | AR$612.4b | AR$527.2b | AR$8.2b | 8.9x | 74.9x | 1.2x |
| Sat, 19 Mar 2022 | AR$571.7b | AR$485.0b | -AR$11,301,727,460.00 | 10.4x | -50.6x | 1.2x |
| Mon, 14 Feb 2022 | AR$559.1b | AR$407.2b | -AR$15,079,317,460.00 | 8.1x | -37.1x | 1.4x |
| Wed, 12 Jan 2022 | AR$497.9b | AR$407.2b | -AR$15,079,317,460.00 | 7x | -33x | 1.2x |
| Fri, 10 Dec 2021 | AR$521.8b | AR$406.3b | -AR$16,116,492,460.00 | 18.3x | -32.4x | 1.3x |
| Sun, 07 Nov 2021 | AR$555.0b | AR$419.2b | -AR$12,227,008,146.00 | 28.2x | -45.4x | 1.3x |
| Tue, 05 Oct 2021 | AR$458.3b | AR$419.2b | -AR$12,227,008,146.00 | 26.4x | -37.5x | 1.1x |
| Thu, 02 Sep 2021 | AR$405.4b | AR$423.0b | -AR$13,557,372,086.00 | 20.6x | -29.9x | 1x |
| Sat, 31 Jul 2021 | AR$346.4b | AR$423.0b | -AR$13,557,372,086.00 | 16.1x | -25.5x | 0.8x |
Price to Earnings Ratio
-45.3x
Current Industry PE
- Investors are optimistic on the Argentinean Utilities industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 11.5x which is higher than its 3-year average PE of 5.2x.
- The 3-year average PS ratio of 2.2x is lower than the industry's current PS ratio of 2.4x.
Past Earnings Growth
- Total earnings for the Utilities industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 104% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Argentinian Utilities sector?
| AR Market | 4.81% | |
| Utilities | 2.68% | |
| Renewable Energy | 3.60% | |
| Electric Utilities | 3.24% | |
| Gas Utilities | 0.42% | |
| Other Utilities | 0% | |
| Water Utilities | 0% | |
Industry PE
- Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Electric Utilities industry, which is trading below its 3-year average of 20.0x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Electric Utilities industry since they expect its earnings to decline by only 1.6% per year over the next 5 years, which isn't as bad as the other industries.
- In contrast, the Electric Utilities industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PAMP Pampa Energía | AR$2.12k | 4.2% +AR$116.5b | 195.9% | PE7.6x | |
| TRAN Compañía de Transporte de Energía Eléctrica en Alta Tensión Transener | AR$1.53k | 10.3% +AR$63.1b | 401.1% | PE2991.2x | |
| CEPU Central Puerto | AR$1.16k | 3.7% +AR$61.8b | 274.3% | PE10.2x | |
| METR MetroGAS | AR$1.14k | 6.1% +AR$37.0b | 494.5% | PE5.7x | |
| CECO2 Central Costanera | AR$399.50 | 3.2% +AR$8.8b | 148.1% | PS6x |