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    Regulated Electric
Central Puerto S.A.

Central Puerto S.A.

CEPU.BA
Central Puerto S.A.AR flagBuenos Aires Stock Exchange
2,334.00
ARS
+24.00
- -
3.50TMarket Cap
Central Puerto S.A.
CEPU.BA
(Buenos Aires Stock Exchange)

Recent

price

2,334.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
2.68
2.69
3.03
1.54
0.81
1.66
4.68
9.79
19.85
49.1
74.46
230.04
456.81
606.31
646.29
748.34
793.43
Revenue per Share
0.35
0.33
-0.12
0.27
0.2
0.84
0.92
5.38
24.38
12.03
13.47
-2.99
85.78
286.25
43.42
236.18
290.23
Basic EPS, GAAP
-0.09
0.24
0.34
-0.28
0.11
0.08
-0.82
-2.11
-4.53
-7.55
14.31
83.28
235.57
223.87
101.32
78.96
55.64
Free Cash Flow per Basic Share
0.01
0.07
- -
- -
- -
0.21
1.7
1.92
1.97
1.55
0.12
0.47
16.16
42.37
14.58
0.69
0.67
Dividend per Share
0.48
1.32
1.39
1.13
0.97
1.38
2.61
10.01
28.28
26.66
34.14
52.05
204.14
582.74
503.99
382.6
354.89
Book Value per Share
1.06
1.54
3.13
3.45
1.97
2.69
3.27
9.94
31.37
47.11
78.01
156.28
524.63
1,235.58
1,604.3
1,756.36
1,567.07
Tangible Book Value per Share
708
708
336
336
1,598
1,598
1,506
1,514
1,505
1,505
1,505
1,505
1,505
1,482
1,503
1,466
1,502
Basic Weighted Avg Shares
1,898
1,908
1,019
519
1,299
2,654
7,044
14,827
29,876
73,897
112,047
346,244
687,577
898,264
971,053
1,097,422
1,191,481
Sales/Revenue/Turnover
14.97
18.58
-10.87
-21.21
14.17
36.87
17.18
35.13
44.85
39.33
48.09
40.26
40.47
25.34
27.41
19.34
21.96
Operating Margin (%)
32
51
105
100
105
194
1,375
2,485
3,125
6,968
17,509
64,975
131,905
201,150
149,683
162,985
186,035
Depreciation Expense
248
232
-42
90
318
1,342
1,379
8,140
36,691
18,101
20,264
-4,501
129,120
424,094
65,246
346,354
435,829
Net Income, GAAP
34.66
33.62
- -
24.7
24.33
34.07
63.78
19.47
28.09
39.88
42.38
108.5
26.05
10.94
57.08
22.11
6.67
Effective Tax Rate (%)
13.09
12.15
-4.09
17.41
24.45
50.56
19.57
54.9
122.81
24.5
18.09
-1.3
18.78
47.21
6.72
31.56
36.58
Profit Margin (%)
138
285
38
58
1,109
1,237
18
274
3,488
11,494
13,185
57,810
194,755
314,999
236,239
314,888
3,549
Working Capital
- -
70
18
- -
708
861
1,285
3,742
9,524
41,372
45,136
69,817
140,884
623,618
302,579
348,936
326,796
LT Debt
747
1,131
1,092
1,193
3,454
4,572
5,154
17,032
50,655
80,528
127,563
246,993
813,881
1,865,301
2,450,894
2,616,118
2,726,606
Total Equity
24.5
20.92
- -
-6.62
4.68
10.97
5.28
23.18
19.33
16.61
17.9
-4.31
29.59
10.92
3.99
5.28
7.94
Return on Invested Capital (%)
89.98
32.77
- -
21.35
23.44
44.44
29.75
63.13
99.85
29.8
24.42
-5.22
48.19
46.14
5.49
30.85
37.71
Return on Capital (%)
114.66
36.38
-5.94
21.33
32.98
71.39
44.84
85.24
127.11
43.78
44.3
-6.94
66.97
72.46
8.05
52.54
69.27
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
280,088
144,089
418,315
LT Borrowings
337,714
348,936
326,796
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,502
1,500
1,500
Market Capitalization
1,858,071
3,925,723
3,743,689

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
953,142
722,366
685,664
Cash, Cash Equivalents & STI
399,237
337,861
205,133
Accounts Receivable, Net
302,162
295,531
370,234
Inventories
65,369
41,583
48,098
Total Current Liabilities
678,997
407,478
682,115
Payables & Accruals
374,124
236,397
235,367
ST Debt
280,088
144,089
418,315
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
104.84%
98.09%
6.74%
Free Cash Flow
-42.95%
116.11%
-23.93%
Net Income, GAAP
-171.07%
-503.19%
430.85%
Sales/Revenue/Turnover
93.57%
71.87%
13.01%
Total Cash Common Dividend
413.93%
716.47%
-95.39%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
128,713
213,939
236,959
215,138
971,053
2025
210,702
214,516
319,592
313,809
1,097,422
2026
343,564
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
15.77
5.58
33.44
-17.8
43.42
2025
55.06
57
93.03
- -
236.18
2026
125.04
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10.66
0.73
0.68
1.92
14.58
2025
- -
0.59
0.04
- -
0.69
2026
- -
- -
- -
- -
- -
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Business
Central Puerto S.A. (CEPU.BA) is an integrated electric power generation company in Argentina that engages in the generation, commercialization, and distribution of electricity; the production and sale of natural gas; and related engineering, construction, and maintenance services. The company operates a diverse portfolio of power plants including thermal, hydroelectric, wind, and solar facilities, with key assets such as the Central Termica Lujan de Cuyo (648 MW combined cycle), Central Termica Ezeiza (871 MW gas-fired), and multiple hydroelectric plants like El Tigre (156 MW) and Caracoles (105 MW); it also manages natural gas production from the Rincón de Aranda field and provides gas commercialization services. Founded in 2011 and headquartered in Buenos Aires, Argentina, Central Puerto primarily serves the Argentine wholesale electricity market (WEM), industrial clients, and exporters, with operations concentrated in Argentina including provinces like Buenos Aires, Mendoza, and San Juan. In recent developments, Central Puerto expanded its renewable energy capacity with the commissioning of the Aldo Bonzi solar park (100 MW) in 2024 and advanced construction on the Punta del Mate wind farm (120 MW) expected online in late 2025; the company also acquired additional interests in natural gas assets through a strategic partnership with YPF in the Neuquén basin during 2024. It secured a major financing round of approximately ARS 150 billion (USD 150 million equivalent) in green bonds in mid-2025 to fund renewable expansions and operational enhancements. Furthermore, Central Puerto reorganized its subsidiary structure in early 2025, integrating its engineering arm Puerto Construcciones S.A. to streamline project execution for new thermal and hybrid power initiatives amid Argentina's energy transition.