Descripción de la empresa
YPF Sociedad Anónima operates as an integrated oil and gas entity focused on upstream exploration, exploitation, production of crude oil and natural gas, as well as downstream petrochemical activities within Argentina. The company is classified within the Energy sector and the Oil & Gas Integrated industry, positioning it as a comprehensive player in the hydrocarbon value chain that manages resources from extraction to processing. Its current market capitalization stands at $18.60B, while its trailing twelve-month revenue is reported at $23.24T, though the provided employee count is listed as N/A. These financial metrics suggest a massive operational scale regarding revenue generation, yet the discrepancy between the reported revenue figure and standard market expectations for a company of this market cap warrants close scrutiny of the underlying financial reporting or data presentation.
Salud financiera
The company reported a net income of $-1,087,720,980,480 for the trailing twelve months, creating a stark contrast with its revenue of $23.24T and EBITDA of $6.07T. This significant divergence between high revenue, massive EBITDA, and a deeply negative net income reveals a cost structure where non-operating expenses, interest charges, or other deductions far exceed the operating profits generated from core business activities. Free cash flow is recorded at $-3,300,128,980,992, indicating that the company is currently consuming cash rather than generating it, which limits immediate financial flexibility for internal reinvestment or shareholder returns without external financing. The gross margin sits at 27.8%, while the operating margin is 10.1%, but the profit margin is -4.7%, highlighting that while operational efficiency exists, the bottom line is being eroded by substantial non-operational factors. On the balance sheet, the company holds $1.73T in cash against $16.18T in debt, resulting in a debt-to-equity ratio of 100.98, which signifies a highly leveraged position where debt obligations vastly outweigh equity capitalization. The current ratio of 0.87 suggests that current assets are insufficient to cover current liabilities, pointing to potential short-term liquidity pressures. Furthermore, the Return on Equity is -7.4% and the Return on Assets is 4.2%, indicating that while assets are generating a positive return, the specific allocation of shareholder equity is currently being diluted by losses, reflecting a complex picture of management effectiveness amidst high leverage.
Evaluación de valoración
The forward P/E ratio is 8.49, whereas the trailing P/E ratio is listed as N/A, implying that analysts are pricing the stock based on anticipated future earnings rather than historical performance due to the current lack of positive net income. The price-to-book ratio stands at 1.55, suggesting that the market values the company at a moderate premium over its book value, likely reflecting the intrinsic worth of its resource reserves despite current earnings deficits. The price-to-sales ratio is 0.00, a metric that becomes mathematically undefined when net income is negative, forcing reliance on alternative metrics like the EV/EBITDA of 2.44, which appears very low and suggests the stock may be undervalued relative to its cash flow generation potential. The stock's 52-week high is $46.99 and its 52-week low is $22.82, providing a trading range within which the current valuation must be contextualized relative to historical price action. The beta value is 0.29, indicating that the stock price exhibits significantly lower volatility than the broader market, behaving as a defensive asset that moves less sharply in response to general market fluctuations.
Growth & Income
Revenue growth year-over-year is 36.6%, demonstrating a substantial expansion in top-line sales, while earnings growth is listed as N/A due to the negative net income, meaning earnings are not growing in the traditional sense but rather recovering from a deep deficit. Since the company is not a dividend payer with a dividend yield of N/A and a payout ratio of 0.0%, it does not distribute cash to shareholders, implying that retained earnings are either being used to service its massive debt load of $16.18T or are being offset by the reported losses. The overall growth and income profile is characterized by robust top-line expansion and strong EBITDA generation that is being consumed by high financial costs and lack of dividend distribution, resulting in a capital-intensive reinvestment strategy rather than a yield-focused approach.