Pampa Energia (BUE:PAMP) Cyclically Adjusted FCF per Share: ARS-80.48 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BUE:PAMP Pampa Energia SA BUE:PAMP
84 GF Score
Price ARS5,500.00
GF Value ARS8,631.29
Valuation Significantly Undervalued
! 7 Warning Signs
View Full Analysis

What is Pampa Energia Cyclically Adjusted FCF per Share?

Pampa Energia BUE:PAMP -0.99% 84 Cyclically Adjusted FCF per Share is ARS-80.48 as of Mar. 2026. GuruFocus rates BUE:PAMP with a GF Score™ of 84/100 and a GF Value™ of ARS8,631.29 (Significantly Undervalued). The stock has 7 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Pampa Energia's adjusted free cash flow per share for the three months ended in Mar. 2026 was ARS-512.004. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is ARS-80.48 for the trailing ten years ended in Mar. 2026.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Pampa Energia was 166.80% per year. The lowest was -31.50% per year. And the median was 31.50% per year.

As of today (2026-08-04), Pampa Energia's current stock price is ARS5500.00. Pampa Energia's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ARS-80.48. Pampa Energia's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Pampa Energia was 5645.00. The lowest was 32.50. And the median was 133.87.


Pampa Energia  (BUE:PAMP) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Pampa Energia was 5645.00. The lowest was 32.50. And the median was 133.87.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Pampa Energia Cyclically Adjusted FCF per Share Related Terms


Pampa Energia Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Pampa Energia's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pampa Energia Cyclically Adjusted FCF per Share Chart

Pampa Energia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.75 7.30 1.61 1.53 -18.13

Pampa Energia Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.38 -29.15 -24.16 -18.13 -80.48

BUE:PAMP vs MMM, HON: Cyclically Adjusted FCF per Share Comparison

For the Conglomerates subindustry, Pampa Energia's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pampa Energia Cyclically Adjusted Price-to-FCF vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Pampa Energia's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Pampa Energia's Cyclically Adjusted Price-to-FCF falls into.


BUE:PAMP
84GF Score
Pampa Energia SA BUE:PAMP
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pampa Energia Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Pampa Energia's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-512.004/330.2130*330.2130
=-512.004

Current CPI (Mar. 2026) = 330.2130.

Pampa Energia Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.143 241.018 0.196
201609 -0.629 241.428 -0.860
201612 0.091 241.432 0.124
201703 -1.208 243.801 -1.636
201706 -0.465 244.955 -0.627
201709 0.759 246.819 1.015
201712 0.813 246.524 1.089
201803 1.313 249.554 1.737
201806 -1.471 251.989 -1.928
201809 -0.803 252.439 -1.050
201812 3.564 251.233 4.684
201903 0.577 254.202 0.750
201906 0.000 256.143 0.000
201909 0.000 256.759 0.000
201912 0.000 256.974 0.000
202003 0.000 258.115 0.000
202006 0.000 257.797 0.000
202009 0.000 260.280 0.000
202012 0.000 260.474 0.000
202103 8.983 264.877 11.199
202106 8.725 271.696 10.604
202109 10.987 274.310 13.226
202112 6.457 278.802 7.648
202203 3.359 287.504 3.858
202206 -2.215 296.311 -2.468
202209 4.643 296.808 5.166
202212 13.126 296.797 14.604
202303 -1.728 301.836 -1.890
202306 2.559 305.109 2.770
202309 -2.086 307.789 -2.238
202312 -47.078 306.746 -50.680
202403 -101.596 312.332 -107.412
202406 -31.606 314.175 -33.219
202409 94.529 315.301 99.000
202412 38.618 315.605 40.405
202503 -57.221 319.799 -59.084
202506 -195.544 322.561 -200.183
202509 42.512 324.800 43.220
202512 49.094 324.054 50.027
202603 -512.004 330.213 -512.004

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of ARS-80.48 mean?
Pampa Energia (BUE:PAMP) has a Cyclically Adjusted FCF per Share of ARS-80.48 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Pampa Energia and its competitors.
Is Pampa Energia's Cyclically Adjusted FCF per Share too high?
Pampa Energia's current Cyclically Adjusted FCF per Share is ARS-80.48. Overall, Pampa Energia has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pampa Energia's Cyclically Adjusted FCF per Share compare to MMM and HON?
Pampa Energia's Cyclically Adjusted FCF per Share of ARS-80.48 can be compared against companies in the Conglomerates industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Conglomerates company?
A good Cyclically Adjusted FCF per Share depends on the Conglomerates industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Pampa Energia and its competitors. Pampa Energia's current Cyclically Adjusted FCF per Share is ARS-80.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pampa Energia stock overvalued right now?
Based on GuruFocus' analysis, Pampa Energia (BUE:PAMP) is currently considered Significantly Undervalued. The stock's GF Value™ is ARS8,631.29, compared to a current price of ARS5,500.00 — trading 36.3% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ARS-80.48. Pampa Energia's overall GF Score™ is 84/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Pampa Energia (BUE:PAMP), the current Cyclically Adjusted FCF per Share is ARS-80.48 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Pampa Energia (BUE:PAMP) Overvalued in 2026?

Based on GuruFocus' analysis, Pampa Energia stock appears to be undervalued. The current stock price of ARS5,500.00 is trading 36.3% below its estimated GF Value™ of ARS8,631.29. GuruFocus considers Pampa Energia to be Significantly Undervalued.

Key valuation signals for BUE:PAMP:

  • Cyclically Adjusted FCF per Share: ARS-80.48
  • GF Value™: ARS8,631.29 vs. price of ARS5,500.00 (36.3% below fair value)
  • GF Score™: 84/100 with 7 warning signs

No single metric tells the full story. See the BUE:PAMP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pampa Energia Business Description

Other Exchanges PAM:USA9PAA:Germany
Address Maipu 1, Buenos Aires, ARG, C1084ABA
Pampa Energia SA and its subsidiaries are engaged in the Energy business, mainly in oil and gas production and power generation. The firm's operating business segments are Oil and Gas, Generation, Petrochemicals, Holding, Transportation, and Others. The company derives the maximum revenue from the oil and gas segment.
84GF Score

Get the complete analysis for BUE:PAMP

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ARS5,500.00
Price
ARS8,631.29
GF Value