Pampa Energía S.A. (PAM) is a publicly traded company in the Utilities — Regulated Electric industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Pampa Energía SA engages in the generation, transmission, and distribution of electricity. It operates through the following segments: Electricity Generation, Distribution of Energy, Oil and Gas, Petrochemicals, and Holding and Others. The Electricity Generation segment includes electricity generation activities through the operation of hydro and thermal power plants as well as wind farms.
Is Pampa Energía S.A. stock overvalued or undervalued in 2026?
As of October 3, 2026, Pampa Energía S.A. (PAM) trades at 7.5× earnings (P/E), against a median of 20.3× across the 98 utilities companies above $2bn in Kaplio's universe. Kaplio's verdict: cheap. At its sector median (20.3×) $205 (+169 %).
Kaplio overview: Pampa Energía S.A.
Market cap $4B · 52 weeks $59 – $92 (13 % below the high) · P/E 7.5× · 2027 expected P/E 7.0× · Dividend none · Next earnings November 2, 2026 · expected EPS $2.49 · Price as of Oct 3 · accounts published Aug 4.
- Valuation: P/E 7.5× (cheap).
- Business: ROE 15.6 % (por encima del rango).
- Balance sheet: Net debt/EBITDA 1.0× (solid).
- Earnings: 6 of 8 (on track).
What would it be worth at its usual multiples?
At its sector median (20.3×) $205 (+169 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in utilities: 2 of 4 pass
- Regulated ROE (8-12%) 15.6 %, fails.
- Interest coverage 1.8×, fails.
- Net debt / EBITDA 1.0×, passes.
- Payout Ratio 0.0 %, passes.
Against its peers (reference peers) — Pampa Energía S.A.: P/E 7.5×; EV/EBITDA 5.5×; ROIC 6.2 %; $4.2B. Northwestern Energy Group Inc (P/E 24.8×; EV/EBITDA 13.2×; ROIC 3.9 %; $4.2B), MGE Energy, Inc. (P/E 17.4×; EV/EBITDA 12.4×; ROIC 5.0 %; $2.6B), PG&E Corporation (P/E 9.0×; EV/EBITDA 9.2×; ROIC 3.8 %; $33.0B).
Profitability
| Return on Equity | 15.56% |
| Return on Invested Capital | 6.19% |
| Return on Assets | 7.46% |
| Gross Margin | 34.64% |
| Operating Margin | 21.38% |
| Net Margin | 23.84% |
Financial Health
| Debt / Equity | 0.65 |
| Current Ratio | 3.64 |
| Piotroski F-Score | 6 |
| Altman Z-Score | 1.75 |
Price Performance
| 1 month | -7.28% |
| 3 months | -4.64% |
| Year-to-date | -11.16% |
| 1 year | +29.92% |
| 3 years | +109.46% |
| 5 years | +335.86% |
Dividend History
| Date | Amount |
|---|---|
| 2012-01-12 | $0.0750 |
| 2011-01-11 | $0.0880 |
| 2009-12-29 | $0.0790 |
| 2008-12-29 | $0.0821 |
Amounts adjusted for stock splits.
Related companies: ALE · AVA · CPK · EE · KEN · MGEE · NWE
Explore sector: Utilities · Regulated Electric
More sections of PAM: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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