CENTRAL PUERTO S.A.
CEPU · Electric Services · EDGAR filings ↗
Grade
C66Argentine power generator with top-decile operating and cash-flow margins but weak returns and acute country/currency risk.
Strengths
- Strong operating and cash generation: operating margin 90.7th pct, OCF margin 86.7th, FCF margin 82.9th pct
- Clean balance sheet (tangible book ratio 1.0) and healthy liquidity (current ratio 1.48, 82nd pct)
Risks
- Low returns: ROE 3.3% (23rd pct) and net income down 81% YoY (10th pct)
- All revenue in hyperinflationary Argentina with FX, exchange-control and CAMMESA collection exposure
- Regulated tariffs and reliance on government-set compensation cap upside
Key metrics
Gross margin
39.5%
Operating margin
26.7%
Net margin
8.3%
Return on equity
3.3%
Return on assets
2.3%
Revenue growth (QoQ)
8.1%
Net-income growth
-80.7%
Interest coverage
1.1×
Current ratio
1.5×
Free cash flow
$94M
Tangible book value
$1.5B
Cash & investments
$3M
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-04-22 | 2025-12-31 | 0001292814-26-002446 ↗ |
| 20-F | 2025-04-25 | 2024-12-31 | 0001292814-25-001645 ↗ |
| 20-F | 2024-04-29 | 2023-12-31 | 0001654954-24-005154 ↗ |
| 20-F | 2023-04-26 | 2022-12-31 | 0001654954-23-005229 ↗ |
| 20-F | 2022-04-28 | 2021-12-31 | 0001654954-22-005521 ↗ |
| 20-F | 2021-04-26 | 2020-12-31 | 0001654954-21-004609 ↗ |
| 20-F | 2020-04-28 | 2019-12-31 | 0001654954-20-004492 ↗ |
| 20-F | 2019-04-30 | 2018-12-31 | 0001654954-19-004986 ↗ |
| 20-F | 2018-04-27 | 2017-12-31 | 0001654954-18-004419 ↗ |