Argentinian (MERVAL) Market Analysis & Valuation
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies69
- 7D-15.2%
- 3M33.7%
- 1Y285.9%
- YTD177.5%
Over the last 7 days, the market has dropped 15%, driven by declines in every sector, especially the Energy sector. As for the longer term, the market has actually risen by 286% in the last year. Earnings are forecast to grow by 43% annually.
Trending IndustriesOil and Gas
Market Valuation and Performance
Has the Argentinian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Oct 2023 | AR$26.2t | AR$12.5t | AR$854.9b | 20.7x | 30.6x | 2.1x |
| Thu, 28 Sep 2023 | AR$24.2t | AR$12.3t | AR$846.6b | 21.4x | 28.6x | 2x |
| Sat, 26 Aug 2023 | AR$26.9t | AR$11.8t | AR$725.1b | 24.8x | 37.1x | 2.3x |
| Mon, 24 Jul 2023 | AR$20.2t | AR$10.5t | AR$550.6b | 22.1x | 36.6x | 1.9x |
| Wed, 21 Jun 2023 | AR$17.5t | AR$10.4t | AR$524.5b | 20.9x | 33.4x | 1.7x |
| Fri, 19 May 2023 | AR$14.4t | AR$10.3t | AR$525.5b | 17.4x | 27.4x | 1.4x |
| Sun, 16 Apr 2023 | AR$12.1t | AR$9.8t | AR$429.3b | 14.9x | 28.1x | 1.2x |
| Tue, 14 Mar 2023 | AR$9.8t | AR$8.3t | AR$1.3t | 16x | 7.8x | 1.2x |
| Thu, 09 Feb 2023 | AR$11.1t | AR$6.7t | AR$424.1b | 16.7x | 26.2x | 1.6x |
| Sat, 07 Jan 2023 | AR$9.6t | AR$6.8t | AR$430.1b | 15.4x | 22.4x | 1.4x |
| Mon, 05 Dec 2022 | AR$7.7t | AR$6.8t | AR$440.5b | 12.9x | 17.4x | 1.1x |
| Wed, 02 Nov 2022 | AR$6.9t | AR$6.2t | AR$655.7b | 11.2x | 10.5x | 1.1x |
| Fri, 30 Sep 2022 | AR$6.3t | AR$6.2t | AR$615.2b | 10.6x | 10.2x | 1x |
| Sun, 28 Aug 2022 | AR$6.5t | AR$6.0t | AR$551.3b | 13.1x | 11.8x | 1.1x |
| Tue, 26 Jul 2022 | AR$5.3t | AR$5.6t | AR$320.4b | 13.1x | 16.7x | 1x |
| Thu, 23 Jun 2022 | AR$4.1t | AR$5.4t | AR$310.4b | 10.5x | 13.2x | 0.8x |
| Sat, 21 May 2022 | AR$4.4t | AR$5.5t | AR$318.4b | 13.4x | 13.7x | 0.8x |
| Mon, 18 Apr 2022 | AR$4.5t | AR$5.3t | AR$256.8b | 10x | 17.7x | 0.9x |
| Wed, 16 Mar 2022 | AR$5.2t | AR$5.1t | AR$760.7b | 15.2x | 6.9x | 1x |
| Fri, 11 Feb 2022 | AR$5.4t | AR$4.1t | AR$86.2b | 16.9x | 63.1x | 1.3x |
| Sun, 09 Jan 2022 | AR$4.1t | AR$4.1t | AR$88.3b | 12.9x | 46.6x | 1x |
| Tue, 07 Dec 2021 | AR$5.2t | AR$4.2t | AR$100.5b | 16.4x | 51.6x | 1.2x |
| Thu, 04 Nov 2021 | AR$4.3t | AR$3.7t | AR$43.4b | 14.6x | 98.9x | 1.1x |
| Sat, 02 Oct 2021 | AR$3.7t | AR$3.9t | AR$79.8b | 15x | 46.9x | 1x |
| Mon, 30 Aug 2021 | AR$3.7t | AR$3.8t | AR$116.5b | 11x | 31.5x | 1x |
| Tue, 06 Jul 2021 | AR$3.1t | AR$3.8t | AR$116.5b | 9x | 26.5x | 0.8x |
| Fri, 09 Apr 2021 | AR$2.4t | AR$3.5t | AR$97.4b | 6.1x | 25x | 0.7x |
| Thu, 31 Dec 2020 | AR$2.7t | AR$3.6t | AR$189.5b | 7.9x | 14x | 0.7x |
Price to Earnings Ratio
13.2x
Current Market PE
- Investors are optimistic on the Argentinean market, and appear confident in strong long term growth rates.
- The market is trading at a PE ratio of 33.8x which is higher than its 3-year average PE of 27.5x.
Past Earnings Growth
- The earnings for Argentinean listed companies have grown 66% per year over the last three years.
- Revenues for these companies have grown 46% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Argentinian Market?
| AR Market | -15.17% | |
| Tech | -0.92% | |
| Healthcare | -2.24% | |
| Materials | -8.66% | |
| Consumer Staples | -10.47% | |
| Consumer Discretionary | -11.26% | |
| Industrials | -13.24% | |
| Real Estate | -14.10% | |
| Financials | -16.34% | |
| Utilities | -16.51% | |
| Telecom | -19.43% | |
| Energy | -19.84% | |
Sector PE
- Investors favour the Industrials sector the most for future growth, which is trading above its 3-year average PE ratio of 27.0x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Telecom sector, expecting annual earnings growth of 68% over the next 5 years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| ROSE Instituto Rosenbusch | AR$48.00 | 4.3% +AR$85.2m | 336.4% | PS1.6x | Healthcare | |
| POLL Polledo Sociedad Anonima Industrial Constructora y Financiera | AR$85.00 | 10.4% +AR$51.4m | 112.5% | PE6.6x | Industrials | |
| DOME DOMEC Compañía de Artefactos DomésticosI.C.y F | AR$32.00 | 0.6% +AR$20.0m | 100.0% | PS1.3x | Consumer Discretionary |
Market Insights
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