# Pampa Energia S.A. (PAM) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Utilities / Electric Utilities. Price $84.80, market value $4.5 billion.

## Valuation
- **P/E (trailing): 7.7×** (5-yr avg 127.4×, 3-yr avg 143.0×). Pampa Energia S.A. trades at 7.7× trailing earnings, well below its own five-year average of 127.4×: cheap by its own standards. The Utilities median in the September 2026 study was 21.2×. Forward P/E is 7.2×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.01**. A PEG of 0.01 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 1.9×**. Each dollar of revenue is priced at 1.9×.
- **Price / book: 1.1×**. The shares trade at 1.1× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 4.9×**. Enterprise value is 4.9× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: -10.0%** (5-yr avg -0.5%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 13.0%**. The inverse of the P/E: 13.0% of the price is earned each year.

## Profitability
- **Gross margin: 33.1%**. Pampa Energia S.A. keeps 33.1% of revenue after the direct cost of what it sells.
- **Operating margin: 19.5%**. 19.5% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 18.9%**. 18.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 10.5%**. 10.5% on shareholders' equity is solid.
- **Return on invested capital: 9.0%**. Return on all capital, debt included, is 9.0%.
- **Return on assets: 8.6%**. Each dollar of assets produces 8.6% of profit.

## Growth
- **Revenue growth (1 yr): 6.5%** (3-yr 3.0%/yr, 5-yr 13.2%/yr). Revenue grew 6.5% over the last year, against 13.2% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 1421.7%** (3-yr 176.8%/yr). Earnings per share rose 1421.7%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.54**. Debt is 0.54 times equity, moderate leverage.
- **Net debt / EBITDA: 0.8×**. It would take 0.8 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 2.6×**. Operating profit covers interest 2.6×, thin but manageable.
- **Current ratio: 3.11** (quick 2.76). Current assets cover the next year's liabilities 3.11 times.
- **Altman Z-score: 2.39**. A Z-score of 2.39 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Pampa Energia S.A. does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 24.7%** (YTD -4.2%, 3-mo 3.5%). The shares are up 24.7% over twelve months including dividends.
- **From 52-week high: -10.3%** (54.3% above the low). Trading 10% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 59**. An RSI of 59 is neutral.
- **Beta (1 yr): 0.75** (volatility 48%). Beta of 0.75 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=PAM · Page: https://foliofundamentals.com/stocks/pam

Not investment advice.