PPENF (Pampa Energia) ROC (Joel Greenblatt) %: 20.80% (As of Mar. 2026) — 30% Below Median


PPENF Pampa Energia SA PPENF
88 GF Score
Price $1.75
GF Value $2.82
Valuation Significantly Undervalued
! 7 Warning Signs
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What is Pampa Energia ROC (Joel Greenblatt) %?

Pampa Energia PPENF 88 ROC (Joel Greenblatt) % is 20.80% as of Mar. 2026, which is 30% below its 10-year median of 29.79. GuruFocus rates PPENF with a GF Score™ of 88/100 and a GF Value™ of $2.82 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 562 Conglomerates companies, Pampa Energia ranks better than 62.99% on this metric.

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Pampa Energia's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 20.80%.

The historical rank and industry rank for Pampa Energia's ROC (Joel Greenblatt) % or its related term are showing as below:

PPENF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.5   Med: 29.79   Max: 51.47
Current: 23.66

During the past 13 years, Pampa Energia's highest ROC (Joel Greenblatt) % was 51.47%. The lowest was 7.50%. And the median was 29.79%.

PPENF's ROC (Joel Greenblatt) % is ranked better than
62.99% of 562 companies
in the Conglomerates industry
Industry Median: 14.73 vs PPENF: 23.66

Pampa Energia's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 13.40% per year.


Pampa Energia  (OTCPK:PPENF) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Pampa Energia ROC (Joel Greenblatt) % Related Terms


Pampa Energia ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Pampa Energia's ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % Chart

Pampa Energia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.73 37.98 38.74 25.35 24.89

Pampa Energia Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % 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 28.30 26.70 21.96 21.63 20.80

PPENF vs HON, MMM: ROC (Joel Greenblatt) % Comparison

For the Conglomerates subindustry, Pampa Energia's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Pampa Energia's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Pampa Energia's ROC (Joel Greenblatt) % falls into.


PPENF
88GF Score
Pampa Energia SA PPENF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Pampa Energia ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(355 + 222 + 221) - (506 + 0 + 64)
=228

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(410 + 226 + 427) - (636 + 0 + 216)
=211

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Pampa Energia for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=748/( ( (3339 + max(228, 0)) + (3414 + max(211, 0)) )/ 2 )
=748/( ( 3567 + 3625 )/ 2 )
=748/3596
=20.80 %

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

What does a ROC (Joel Greenblatt) % of 20.80% mean?
Pampa Energia (PPENF) has a ROC (Joel Greenblatt) % of 20.80% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Pampa Energia and its competitors. This is 30% below median its historical median of 29.79. Over the past decade, Pampa Energia's ROC (Joel Greenblatt) % has ranged from 7.50 to 51.47. According to the industry distribution chart, Pampa Energia ranks #208 out of 562 companies in the Conglomerates industry, placing it in the top 37%.
Is Pampa Energia's ROC (Joel Greenblatt) % too high?
Pampa Energia's current ROC (Joel Greenblatt) % of 20.80% is 30% below median its 10-year median of 29.79. Over the past 10 years, this metric has ranged from a low of 7.50 to a high of 51.47. The Conglomerates industry median ROC (Joel Greenblatt) % is 14.73. Pampa Energia's value of 20.80% is 41.2% above this industry median. Based on the distribution chart, Pampa Energia ranks #208 out of 562 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Pampa Energia has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pampa Energia's ROC (Joel Greenblatt) % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Pampa Energia ranks #208 out of 562 companies for ROC (Joel Greenblatt) %. This puts Pampa Energia in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 14.73. Pampa Energia's value of 20.80% is 41.2% above this benchmark. Historically, Pampa Energia's own ROC (Joel Greenblatt) % has ranged from 7.50 to 51.47 over the past decade. While the company's 10-year median is 29.79 vs. the industry median of 14.73, Pampa Energia has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Conglomerates company?
The median ROC (Joel Greenblatt) % among Conglomerates companies is 14.73, based on 562 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pampa Energia's current ROC (Joel Greenblatt) % of 20.80% is 41.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Pampa Energia and its competitors. For the Conglomerates industry, the median ROC (Joel Greenblatt) % is 14.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pampa Energia's current ROC (Joel Greenblatt) % is 20.80%, which is 30% below median its own 10-year median of 29.79. 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 (PPENF) is currently considered Significantly Undervalued. The stock's GF Value™ is $2.82, compared to a current price of $1.75 — trading 37.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 20.80%, which is 30% below median its 10-year median of 29.79 and 41.2% above the Conglomerates industry median of 14.73. Pampa Energia's overall GF Score™ is 88/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Pampa Energia (PPENF), the current ROC (Joel Greenblatt) % is 20.80% 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 (PPENF) Overvalued in 2026?

Based on GuruFocus' analysis, Pampa Energia stock appears to be undervalued. The current stock price of $1.75 is trading 37.9% below its estimated GF Value™ of $2.82. GuruFocus considers Pampa Energia to be Significantly Undervalued.

Key valuation signals for PPENF:

  • ROC (Joel Greenblatt) %: 20.80% (30% below median its 10-year median of 29.79)
  • GF Value™: $2.82 vs. price of $1.75 (37.9% below fair value)
  • GF Score™: 88/100 with 7 warning signs
  • Industry Position: 41.2% above the Conglomerates median (#208 of 562)

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


Pampa Energia Business Description

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.
88GF Score

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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.75
Price
$2.82
GF Value