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Pampa Energía S.A (PAMP) Fair Value & Analysis

Industrials · AR · Market cap 6.9T ARS

PE Pampa Energía S.A PAMP · BA
Price5,155 ARS
Fair Value7,136 ARS
Upside+38.4%
Quality52/100
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Weak Growth
Highly profitable · 20.3% net margin
Moderate debt · negative free cash flow
Ranks above peers (9/13)
Moderate moat 57/100
Evidence: Medium Range 5,356 ARS – 8,916 ARS Share as image

Fair value as of: Jul 27, 2026

From 5 valuation models · updated 14 days ago

Fair value updated Jul 27, 2026, revised from 7,045 ARS to 7,136 ARS (+1.3%) since Jun 26, 2026. Share price +5.4% over the past month.

A solid business, screening 38% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (5,356 ARS). The market is more pessimistic than our downside scenario.
  • Solid quality (52/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

5,610 ARS 78.00 ARS Fair Value 7,136 ARS Feb 2021 Jun 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 27, 2026.

How to read this chart

60‑month range 78.00 ARS – 5,610 ARS · fair‑value band 5,356 ARS – 8,916 ARS · the 5,155 ARS price screens below the 7,136 ARS fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 27, 2026.

Full chart & analysis →

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Analysis

Pampa Energía S.A (PAMP) currently trades at 5,155 ARS, while our model-based Fair Value estimate is 7,136 ARS, implying the stock looks roughly 38.4% undervalued today. The Quality Score stands at 52/100 (solid quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, Pampa Energía S.A generated revenue of 2.2B ARS at a net margin of 20.3%. Revenue grew 38.4% year over year. It earns a return on equity of 12.1%. Net debt stands at 1.2B ARS. Fundamentals as of Jul 27, 2026

Our scenario range runs from 5,356 ARS (bear case) to 8,916 ARS (bull case); at 5,155 ARS, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 10% below its 52-week high and 61% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -14% fair-value upside, at 38%, PAMP screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Residual Income 3,420 ARS 3,900 ARS 7,065 ARS 76
P/E Multiple 5,355 ARS 7,136 ARS 8,916 ARS 63
P/B Multiple 5,059 ARS 6,740 ARS 8,422 ARS 55
All 5 models by family
Earnings-Based
Graham-Dodd 2,699 ARS 3,292 ARS 3,702 ARS 54
Multiples
P/E Multiple 5,355 ARS 7,136 ARS 8,916 ARS 63
P/B Multiple 5,059 ARS 6,740 ARS 8,422 ARS 55
Asset-Based
NCAV (Graham) 1,893 ARS 2,529 ARS 3,787 ARS 50
Economic Profit
Residual Income 3,420 ARS 3,900 ARS 7,065 ARS 76

Widest divergence: Multiples (6,740 ARS) versus Asset-Based (2,529 ARS). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 2.2B ARS
Revenue growth (YoY) +38.4%
Net margin 20.3%
Return on equity 12.1%
Free cash flow −215M ARS FY2025
P/E ratio 10.9
More key figures
Operating margin 19.4%
EPS (TTM) 471.65 ARS
EPS growth (YoY) +39.9%
Net debt 1.2B ARS FY2025

Figures from reported company fundamentals · as of Jul 27, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 52/100

Of which business quality 51 · Market factors (momentum, volatility) 68

Profitability 40
Margins and returns on capital today
Quality Growth 50
Are margins and returns improving?
Cashflow 50
Earnings quality: real cash, not paper profit
Fin. Strength 61
Balance sheet, leverage, solvency risk
Investment 20
Disciplined investing over empire-building
Low Volatility 71
Calm price path (market factor)
Momentum 57
Price trend over the last 3–12 months (market factor)
52W Momentum 83
Distance to the 52-week high (market factor)
Net Issuance 84
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Pampa Energía S.A. operates as an integrated power company in Argentina. The company operates through Oil and Gas; Generation; Petrochemicals; and Holding, Transportation and Others segments. It generates electricity through thermal plants, hydroelectric plants, and wind farms with a 5,472 megawatt (MW) installed capacity.

Full company description

Pampa Energía S.A. operates as an integrated power company in Argentina. The company operates through Oil and Gas; Generation; Petrochemicals; and Holding, Transportation and Others segments. It generates electricity through thermal plants, hydroelectric plants, and wind farms with a 5,472 megawatt (MW) installed capacity. The company also explores for and produces oil and gas in the provinces of Neuquén and Río Negro. In addition, it produces petrochemicals, such as styrene, synthetic rubber, and polystyrene. Further, the company operates and maintains a 22,445 km high-voltage electricity transmission network in Argentina. Additionally, it holds a concession for the transportation of natural gas with 9,248 km of gas pipelines in the center, west, and south of Argentina; and processes and sells natural gas liquids in Bahía Blanca in the Province of Buenos Aires, as well as offers related advisory services. Pampa Energía S.A. was formerly known as Pampa Holding S.A. and changed its name to Pampa Energía S.A. in September 2008. The company was incorporated in 1945 and is based in Buenos Aires, Argentina.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Pampa Energía S.A reported revenue of 2.0B ARS in FY2025 versus 1.5B ARS in FY2021, a compound +7.3%/yr. Reported net income was 377M ARS in FY2025, compounding +8.4%/yr from FY2021.

Growth Quality 24/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
2.0B ARS
Latest YoY
+6.5%
Avg. growth/yr (3Y)
+3.0%
Avg. growth/yr (5Y)
−51.8%
Avg. growth/yr (10Y)
−11.9%
Revenue +7.3%/yr
FY21 1.5B ARS
FY22 1.8B ARS
FY23 1.7B ARS
FY24 1.9B ARS
FY25 2.0B ARS
Net income +8.4%/yr
FY21 273M ARS
FY22 456M ARS
FY23 302M ARS
FY24 619M ARS
FY25 377M ARS

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Cite: Fair Value Calculator (2026). "Pampa Energía S.A Fair Value". https://www.fairvalue-calculator.com/stock/PAMP

Earlier news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Conglomerates · 370 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 52 · Above median
Fair Value upside +38% · Above median
Return on equity (TTM) 12% · Top 25%
Return on assets 3% · Above median
Net margin (TTM) 20% · Top 25%
Operating margin (TTM) 19% · Top 25%
Revenue growth 38% · Top 25%
Debt / equity 0.51× · Higher than median

Valuation Multiples vs Conglomerates median · lower = cheaper

P/E (TTM) 10.9× · Cheaper than median
P/B 1.35× · Pricier than median
P/S (TTM) 2.25× · Pricier than 75% of peers
EV/EBITDA 7.6× · Pricier than median
PEG 0.59× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 85 · sector 21
FUTURE 100 · sector 16
PAST 48 · sector 20
HEALTH 74 · sector 88
DIVIDEND 0 · sector 39

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

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Grupo Carso, S.A. GCARSOA1 127.02 MXN 66.21 MXN -48%
The Siam Cement Public Company SCC 254.00 THB 199.40 THB -21%
SRF Limited SRF ₹2,875 ₹1,053 -63%
Empresas Copec S.A COPEC 6,330 CLP 10,879 CLP +72%
Posco International Corporation 047050 50,900 KRW 61,248 KRW +20%
Tube Investments of India Limited TIINDIA ₹2,940 ₹559.30 -81%

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Frequently asked questions

Is Pampa Energía S.A (PAMP) overvalued or undervalued?
As of Jul 27, 2026, our model estimates a fair value of 7,136 ARS versus a price of 5,155 ARS, about +38% (undervalued).
What is the fair value of PAMP?
Our model-based fair value for Pampa Energía S.A is 7,136 ARS (as of Jul 27, 2026), built from audited fundamentals. The current price is 5,155 ARS.
What is the quality score of PAMP?
Pampa Energía S.A has a Quality Score of 52/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Pampa Energía S.A (PAMP)?
Pampa Energía S.A reported trailing-twelve-month revenue of about 2.2B ARS (latest available figure, as of Jul 27, 2026).
What is the net profit margin of PAMP?
The net profit margin of Pampa Energía S.A is about 20.3%, meaning it keeps roughly 20.3% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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