PAM vs VMI: Pampa Energia SA ADR and Valmont Industries compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Valmont Industries is the larger company, worth $8.6B, about 1.9 times Pampa Energia SA ADR.
- Pampa Energia SA ADR grew revenue faster over the last year (+8.3% vs +6.5%).
- Pampa Energia SA ADR keeps more of each dollar of revenue as operating profit (23.4% vs 13.7%).
- On earnings, Valmont Industries is the cheaper stock (24.7x vs 174.7x).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | PAM | VMI |
|---|---|---|
| Market cap | $4.5B | $8.6B |
| Share price | $80.34 | $464.59 |
| Revenue (last fiscal year) | $1.9B | $4.1B |
| Free cash flow (last fiscal year) | -$12M | $311M |
| Revenue growth, last year | +8.3% | +6.5% |
| Revenue growth per year, last 5 fiscal years | +15.0% | +4.0% |
| Operating margin | 23.4% | 13.7% |
| Net margin | 33.0% | 11.7% |
| Return on equity | 18.8% | 28.7% |
| P/E (trailing) | 174.7x | 24.7x |
| Price / free cash flow | — | 27.7x |
| EV / EBITDA | 4.88x | 14.3x |
| FCF growth the price implies | — | 9.3% |
| Dividend yield | — | 0.62% |
| Debt / equity | 0.93x | 1.00x |
| Fundamental grade | C | C |
| Superinvestors holding it | 0 | 0 |
| Insider purchases, last 12 months | 4 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Pampa Energia SA ADR
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2020 | $1.1B | $569M | 22.6% |
| 2021 | $1.5B | $519M | 38.4% |
| 2022 | $1.8B | $172M | 34.5% |
| 2023 | $1.7B | -$183M | 24.5% |
| 2024 | $1.9B | -$12M | 23.5% |
Valmont Industries
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $3.5B | -$42M | 8.2% |
| 2022 | $4.3B | $233M | 10.0% |
| 2023 | $4.2B | $210M | 7.0% |
| 2024 | $4.1B | $493M | 12.9% |
| 2025 | $4.1B | $311M | 10.1% |
Where the revenue comes from
Pampa Energia SA ADR · by segments, 2021
Generation$656M44%
Petrochemicals$490M32%
Oil And Gas Segment$340M23%
Holding And Others$22M1%
Valmont Industries · by segments, 2025
Infrastructure$3.1B75%
Agriculture$1.0B25%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open PAM in InvestinglyQuestions
Which is bigger, Pampa Energia SA ADR or Valmont Industries?
Valmont Industries (VMI), at $8.6B against $4.5B.
Is PAM or VMI cheaper?
By trailing P/E, Valmont Industries (24.7x) is cheaper than Pampa Energia SA ADR (174.7x). A lower multiple can also mean the market expects less growth.
Which grows faster, PAM or VMI?
Pampa Energia SA ADR: revenue grew +8.3% over the last year, against +6.5%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.