Pampa Energia (STU:9PAA) Cyclically Adjusted FCF per Share: €-1.21 (As of Jun. 2026)

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STU:9PAA Pampa Energia SA STU:9PAA
83 GF Score
Price €68.00
GF Value €117.84
Valuation Possible Value Trap
! 8 Warning Signs
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What is Pampa Energia Cyclically Adjusted FCF per Share?

Pampa Energia STU:9PAA 83 Cyclically Adjusted FCF per Share is €-1.21 as of Jun. 2026. GuruFocus rates STU:9PAA with a GF Score™ of 83/100 and a GF Value™ of €117.84 (Possible Value Trap). The stock has 8 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 Jun. 2026 was €-0.632. 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 €-1.21 for the trailing ten years ended in Jun. 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 (2026-08-23), Pampa Energia's current stock price is €68.00. Pampa Energia's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was €-1.21. 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 133.39.


Pampa Energia  (STU:9PAA) 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 133.39.


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 0.51 0.48 0.04 0.03 -0.25

Pampa Energia Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -0.52 -0.33 -0.25 -1.18 -1.21

STU:9PAA 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.


STU:9PAA
83GF Score
Pampa Energia SA STU:9PAA
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 Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-0.632/333.9520*333.9520
=-0.632

Current CPI (Jun. 2026) = 333.9520.

Pampa Energia Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -0.940 241.428 -1.300
201612 0.136 241.432 0.188
201703 -1.831 243.801 -2.508
201706 -0.627 244.955 -0.855
201709 0.908 246.819 1.229
201712 0.899 246.524 1.218
201803 1.322 249.554 1.769
201806 -1.263 251.989 -1.674
201809 -0.467 252.439 -0.618
201812 2.077 251.233 2.761
201903 0.327 254.202 0.430
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 2.094 264.877 2.640
202106 1.911 271.696 2.349
202109 2.388 274.310 2.907
202112 1.415 278.802 1.695
202203 0.710 287.504 0.825
202206 -0.435 296.311 -0.490
202209 0.844 296.808 0.950
202212 1.848 296.797 2.079
202303 -0.204 301.836 -0.226
202306 0.246 305.109 0.269
202309 -0.140 307.789 -0.152
202312 -2.990 306.746 -3.255
202403 -2.774 312.332 -2.966
202406 -0.820 314.175 -0.872
202409 2.240 315.301 2.373
202412 0.913 315.605 0.966
202503 -1.241 319.799 -1.296
202506 -3.586 322.561 -3.713
202509 0.667 324.800 0.686
202512 0.722 324.054 0.744
202603 -7.919 330.213 -8.009
202606 -0.632 333.952 -0.632

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 €-1.21 mean?
Pampa Energia (STU:9PAA) has a Cyclically Adjusted FCF per Share of €-1.21 as of Jun. 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 €-1.21. Overall, Pampa Energia has a GF Score™ of 83/100 and is considered Possible Value Trap, 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 €-1.21 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 €-1.21. 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 (STU:9PAA) is currently considered Possible Value Trap. The stock's GF Value™ is €117.84, compared to a current price of €68.00 — trading 42.3% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €-1.21. Pampa Energia's overall GF Score™ is 83/100 with 8 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 (STU:9PAA), the current Cyclically Adjusted FCF per Share is €-1.21 as of Jun. 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 (STU:9PAA) Overvalued in 2026?

Based on GuruFocus' analysis, Pampa Energia stock appears to be undervalued. The current stock price of €68.00 is trading 42.3% below its estimated GF Value™ of €117.84. GuruFocus considers Pampa Energia to be Possible Value Trap.

Key valuation signals for STU:9PAA:

  • Cyclically Adjusted FCF per Share: €-1.21
  • GF Value™: €117.84 vs. price of €68.00 (42.3% below fair value)
  • GF Score™: 83/100 with 8 warning signs

No single metric tells the full story. See the STU:9PAA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pampa Energia Business Description

Other Exchanges PAM:USAPAMP:Argentina
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.
83GF Score

Get the complete analysis for STU:9PAA

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

€68.00
Price
€117.84
GF Value