Central Puerto/$CEPU
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Capital at risk
About Central Puerto
Central Puerto SA is a power generation company. It is mainly engaged in electric power generation and commercialization. The company is also involved in the natural gas distribution public sector service in the Cuyo and Centro regions in Argentina. The Group has four reporting segments which includes electric power generation from conventional sources, electric power generation from renewable sources, natural gas transport and distribution, and forest activity. The company derives maximum revenue from Electric Power Generation from conventional sources segment.
- Ticker
- $CEPU
- Sector
- Energy
- Primary listing
- NYSE
- Employees
- 1,089
- Headquarters
- Buenos Aires, Argentina
- Website
- www.centralpuerto.com
Central Puerto Metrics
BasicAdvanced
$2.1B
62.56
$0.22
-0.19
$0.00
0.00%
Price and volume
Market cap
$2.1B
Beta
-0.19
52-week high
$18.50
52-week low
$7.43
Average daily volume
255K
Dividend rate
$0.00
Financial strength
Current ratio
1.276
Quick ratio
0.839
Long term debt to equity
0.229
Total debt to equity
0.334
Interest coverage (TTM)
6.52%
Profitability
EBITDA (TTM)
0.296
Gross margin (TTM)
34.16%
Net profit margin (TTM)
28.78%
Operating margin (TTM)
27.59%
Effective tax rate (TTM)
14.09%
Revenue per employee (TTM)
$1,030,120
Management effectiveness
Return on assets (TTM)
7.21%
Return on equity (TTM)
19.03%
Valuation
Price to earnings (TTM)
62.559
Price to revenue (TTM)
18.004
Price to book
1.05
Price to tangible book (TTM)
1.1
Price to free cash flow (TTM)
500.06
Free cash flow yield (TTM)
0.20%
Free cash flow per share (TTM)
0.027
Dividend yield (TTM)
0.00%
Growth
Revenue change (TTM)
71.22%
Earnings per share change (TTM)
160.24%
3-year revenue growth (CAGR)
49.33%
10-year revenue growth (CAGR)
81.23%
3-year earnings per share growth (CAGR)
105.38%
10-year earnings per share growth (CAGR)
70.86%
Bulls say / Bears say
Market normalisation is lifting earnings sharply. Q2 adjusted EBITDA rose 136.2% year on year to $145.0 million, helped by higher generation, more contracted sales, seasonal spot pricing and self-procured fuel margins. (EarningsCalls, Central Puerto SEC filing)
The company is adding assets that could broaden future earnings. The 30-year Piedra del Águila hydro concession strengthens its low-marginal-cost portfolio, while its 205 MW battery projects are expected to start commercial operations in Q4 2026 and contribute $25–27 million of adjusted EBITDA in 2027. (EarningsCalls, BNamericas)
Scale is improving its commercial position. Central Puerto generated about 15% of Argentina’s grid output in Q2, held more than 35% of the Resolution 400 term market and had contracted sales representing 55% of volumes. (EarningsCalls, Markets Daily)
Expansion is cash-intensive. Central Puerto spent $421.9 million on capital expenditure in the first half of 2026, while net debt reached $493.4 million and operating cash flow remained modest relative to investment needs. (Central Puerto SEC filing, EarningsCalls)
Fuel access and margins are exposed to winter conditions. The company secured only about 400,000 cubic metres per day of firm gas capacity against a request for 1.6 million, while Q2 adjusted EBITDA margin fell to 32% as fuel-intensive spot sales increased. (Longbridge, Markets Daily)
Cash collection and policy remain uncertain. FONINVEMEM receivables were $104.8 million at the end of Q2, and management has flagged uncertainty over future CAMMESA actions, capacity mechanisms and evolving market rules. (EarningsCalls, Longbridge)
Data summarised monthly by Lightyear AI. Last updated on 18 Sept 2026.
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