Ypf Sa

YPF SA maintains a capital structure characterized by significant leverage, with long-term debt of ARS 16.18 trillion against total equity of ARS 15.69 trillion, resulting in a debt-to-equity ratio of 1.03. The company holds ARS 476.06 billion in cash and equivalents, which is insufficient to cover total liabilities of ARS 27.02 trillion, leading to a negative net cash position. Liquidity is assessed as medium risk, supported by a current ratio of 0.87, indicating that current assets do not fully cover current liabilities. Operating cash flow stands at ARS 6.48 trillion, providing a substantial buffer against debt obligations, although free cash flow is negative at ARS -3.21 trillion due to heavy capital expenditures.

Profitability metrics reflect a challenging operating environment, with a return on equity of -6.93% and a return on assets of -2.55%. The company reported a net income loss of ARS -1.09 billion, despite generating an operating income of ARS 2.28 billion on revenues of ARS 23.24 trillion. This divergence between operating income and net income suggests significant non-operating expenses, likely interest costs associated with the high debt load. Without cohort median data for direct comparison, the negative returns indicate underperformance relative to typical industry benchmarks for integrated oil and gas firms.

Revenue concentration and segment details are not explicitly provided in the available data, limiting the analysis of geographic or product-specific exposure. The company operates as an integrated entity, implying a mix of upstream exploration and production activities alongside downstream refining and marketing operations. The absence of detailed segment breakdowns prevents a granular assessment of revenue drivers, but the scale of operations suggests a dominant position in the domestic Argentine market with potential international exposure.

Growth trajectory analysis is constrained by the lack of historical period data in the input. The current financial snapshot shows a revenue base of ARS 23.24 trillion, but without year-over-year or quarterly trend data, it is not possible to determine the direction or velocity of revenue growth. The negative free cash flow and high capital expenditure of ARS -6.39 trillion suggest the company is in an investment phase, potentially aiming to expand production capacity or maintain existing reserves.

Risk factors include medium liquidity risk and low dilution risk. The key flag of negative net cash after subtracting total debt highlights the company's reliance on operating cash flows to service debt. The high debt-to-equity ratio of 1.03 exposes the company to interest rate fluctuations and refinancing risks. The low dilution risk indicates that the share count is stable, with basic and diluted shares outstanding both at 393.26 million, suggesting no immediate pressure from equity issuance.

Recent events and analyst sentiment indicate a mixed outlook. The mean analyst recommendation is 2.00, leaning towards a buy, with a mean price target of ARS 94,552.00. The price target range spans from ARS 71,650.00 to ARS 127,958.00, reflecting uncertainty in valuation. Competitor context includes major global players such as Chevron, Shell, and BP, but specific comparative metrics are not provided. The company's performance is likely influenced by broader energy market dynamics and local regulatory environments.

Revenue surged 29.9% year-over-year to 23.2 trillion ARS, demonstrating strong top-line growth momentum.

Operating income jumped 96.9% to 2.28 trillion ARS, indicating significant improvement in core operational profitability.

Analysts maintain a buy recommendation with a mean price target of 94,552 ARS, signaling positive market sentiment.

Return on invested capital stands at 7.15%, suggesting the company generates positive returns on its capital base.

Long-term debt ballooned to 16.18 trillion ARS, creating a high credit risk flag for the issuer.

Net margin of -4.68% places the company in the bottom quartile of its peer cohort.

Return on equity of -6.93% ranks in the bottom quartile, showing poor efficiency in generating shareholder value.

Revenue ARS 6.62T, +36,5% YoY; Operating income +255,0% YoY.

• ▍Revenue ARS 6.62T, +36,5% YoY
• ▍Operating income +255,0% YoY
• ▍Net income −181,6% YoY
• ▍Free cash flow −111,0% YoY
• ▍Net margin -13.2%

Revenue ARS 6.34T, +25,3% YoY; Operating income +9,1% YoY.

• ▍Revenue ARS 6.34T, +25,3% YoY
• ▍Operating income +9,1% YoY
• ▍Net income −118,5% YoY
• ▍Free cash flow −189,0% YoY
• ▍Net margin -4.1%

Revenue ARS 5.41T, +23,3% YoY; Operating income −10,3% YoY.

• ▍Revenue ARS 5.41T, +23,3% YoY
• ▍Operating income −10,3% YoY
• ▍Net income −86,0% YoY
• ▍Net margin 1.2%

Revenue ARS 4.85T; Operating income -ARS 568.76B.

• ▍Revenue ARS 4.85T
• ▍Operating income -ARS 568.76B
• ▍Net margin -6.4%

Revenue ARS 5.06T; Operating income ARS 693.57B.

• ▍Revenue ARS 5.06T
• ▍Operating income ARS 693.57B
• ▍Net margin 27.5%

Revenue ARS 4.39T; Operating income ARS 500.21B.

• ▍Revenue ARS 4.39T
• ▍Operating income ARS 500.21B
• ▍Net margin 10.4%

Revenue ARS 3.60T; Operating income ARS 532.21B.

• ▍Revenue ARS 3.60T
• ▍Operating income ARS 532.21B
• ▍Net margin 14.9%

Revenue ARS 23.24T, +29,9% YoY; Operating income +97,0% YoY.

• ▍Revenue ARS 23.24T, +29,9% YoY
• ▍Operating income +97,0% YoY
• ▍Net income −152,4% YoY
• ▍Free cash flow −2 404,4% YoY
• ▍Net margin -4.7%

Revenue ARS 17.90T, +226,3% YoY; Operating income +178,8% YoY.

• ▍Revenue ARS 17.90T, +226,3% YoY
• ▍Operating income +178,8% YoY
• ▍Net income +233,1% YoY
• ▍Free cash flow +93,8% YoY
• ▍Net margin 11.6%

Revenue ARS 5.48T, +117,1% YoY; Operating income −593,7% YoY.

• ▍Revenue ARS 5.48T, +117,1% YoY
• ▍Operating income −593,7% YoY
• ▍Net income −640,1% YoY
• ▍Free cash flow −1 387,3% YoY
• ▍Net margin -28.5%

Revenue ARS 2.53T, +98,7% YoY; Operating income +411,6% YoY.

• ▍Revenue ARS 2.53T, +98,7% YoY
• ▍Operating income +411,6% YoY
• ▍Net income +112 373,5% YoY
• ▍Free cash flow +96,8% YoY
• ▍Net margin 11.4%

Revenue ARS 1.27T; Operating income ARS 58.17B.

• ▍Revenue ARS 1.27T
• ▍Operating income ARS 58.17B
• ▍Net margin 0.0%