Central Puerto S.A. (CEPU) - Net Assets
Based on the latest financial reports, Central Puerto S.A. (CEPU) has net assets worth AR$2.73 Trillion ARS (≈ $1.97 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AR$3.98 Trillion ≈ $2.88 Billion USD) and total liabilities (AR$1.25 Trillion ≈ $906.13 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Central Puerto S.A. (CEPU) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AR$2.73 Trillion |
| % of Total Assets | 68.53% |
| Annual Growth Rate | 88.68% |
| 5-Year Change | 1963.23% |
| 10-Year Change | 50658.82% |
| Growth Volatility | 98.99 |
Central Puerto S.A. - Net Assets Trend (2015–2025)
This chart illustrates how Central Puerto S.A.'s net assets have evolved over time, based on quarterly financial data. See CEPU defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Central Puerto S.A. (2015–2025)
The table below shows the annual net assets of Central Puerto S.A. from 2015 to 2025. For live valuation and market cap data, see CEPU market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | AR$2.62 Trillion ≈ $1.89 Billion |
+40.42% |
| 2024-12-31 | AR$1.86 Trillion ≈ $1.35 Billion |
+117.51% |
| 2023-12-31 | AR$856.57 Billion ≈ $619.82 Million |
+227.74% |
| 2022-12-31 | AR$261.36 Billion ≈ $189.12 Million |
+106.12% |
| 2021-12-31 | AR$126.80 Billion ≈ $91.75 Million |
+50.04% |
| 2020-12-31 | AR$84.51 Billion ≈ $61.15 Million |
+42.87% |
| 2019-12-31 | AR$59.15 Billion ≈ $42.80 Million |
+79.63% |
| 2018-12-31 | AR$32.93 Billion ≈ $23.83 Million |
+347.34% |
| 2017-12-31 | AR$7.36 Billion ≈ $5.33 Million |
+42.82% |
| 2016-12-31 | AR$5.15 Billion ≈ $3.73 Million |
+12.74% |
| 2015-12-31 | AR$4.57 Billion ≈ $3.31 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Central Puerto S.A.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | AR$2.55 Trillion | 100.00% |
| Total Equity | AR$2.55 Trillion | 100.00% |
Central Puerto S.A. Competitors by Market Cap
The table below lists competitors of Central Puerto S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HEXPOL AB (publ)
ST:HPOL-B
|
$2.58 Billion |
|
ABM Industries Incorporated
NYSE:ABM
|
$2.58 Billion |
|
Vietnam Airlines JSC
VN:HVN
|
$2.58 Billion |
|
MAG Silver Corp
TO:MAG
|
$2.58 Billion |
|
Intuitive Machines Inc.
NASDAQ:LUNR
|
$2.57 Billion |
|
Workiva Inc
NYSE:WK
|
$2.57 Billion |
|
Daetwyl I
SW:DAE
|
$2.57 Billion |
|
BrightGene Bio Medical Technology C
SHG:688166
|
$2.57 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Central Puerto S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,800,050,674,000 to 2,551,318,337,000, a change of 751,267,663,000 (41.7%).
- Net income of 346,353,873,000 contributed positively to equity growth.
- Dividend payments of 1,009,889,000 reduced retained earnings.
- Other factors increased equity by 405,923,679,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AR$346.35 Billion | +13.58% |
| Dividends Paid | AR$1.01 Billion | -0.04% |
| Other Changes | AR$405.92 Billion | +15.91% |
| Total Change | AR$- | 41.74% |
Book Value vs Market Value Analysis
This analysis compares Central Puerto S.A.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.39x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 507.82x to 1.39x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | AR$4.67 | AR$2372.00 | x |
| 2018-12-31 | AR$21.44 | AR$2372.00 | x |
| 2019-12-31 | AR$38.55 | AR$2372.00 | x |
| 2020-12-31 | AR$56.06 | AR$2372.00 | x |
| 2021-12-31 | AR$83.64 | AR$2372.00 | x |
| 2022-12-31 | AR$172.49 | AR$2372.00 | x |
| 2023-12-31 | AR$555.53 | AR$2372.00 | x |
| 2024-12-31 | AR$1197.84 | AR$2372.00 | x |
| 2025-12-31 | AR$1701.03 | AR$2372.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Central Puerto S.A. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.58%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 31.56%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.44x
- Recent ROE (13.58%) is below the historical average (19.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 29.35% | 50.56% | 0.28x | 2.07x | AR$884.83 Million |
| 2016 | 34.36% | 33.25% | 0.42x | 2.47x | AR$1.25 Billion |
| 2017 | 49.60% | 58.89% | 0.35x | 2.42x | AR$2.80 Billion |
| 2018 | 53.97% | 122.81% | 0.25x | 1.76x | AR$14.27 Billion |
| 2019 | 15.09% | 24.50% | 0.30x | 2.04x | AR$2.97 Billion |
| 2020 | 8.17% | 18.09% | 0.24x | 1.88x | AR$-1.55 Billion |
| 2021 | -0.59% | -1.30% | 0.28x | 1.59x | AR$-13.40 Billion |
| 2022 | 7.29% | 18.78% | 0.27x | 1.46x | AR$-7.08 Billion |
| 2023 | 1.77% | 4.72% | 0.22x | 1.68x | AR$-68.68 Billion |
| 2024 | 3.62% | 6.72% | 0.36x | 1.48x | AR$-114.76 Billion |
| 2025 | 13.58% | 31.56% | 0.30x | 1.44x | AR$91.22 Billion |
Industry Comparison
This section compares Central Puerto S.A.'s net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $18,229,424,960
- Average return on equity (ROE) among peers: 3.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Central Puerto S.A. (CEPU) | AR$2.73 Trillion | 29.35% | 0.46x | $2.57 Billion |
| Enel Generacion Costanera SA (CECO2) | $16.63 Billion | -35.94% | 0.85x | $246.87 Million |
| EDESAL Holding SA (EDLH) | $65.81 Billion | -0.06% | 1.37x | $1.22 Million |
| Empresa Distribuidora y Comercializadora Norte S.A. (EDN) | $1.53 Billion | 74.91% | 7.51x | $610.25 Million |
| Edesa Holding SA (EDSH) | $7.77 Billion | 2.88% | 1.22x | $16.56 Million |
| Empresa Distribuidora Electrica Regional SA (EMDE) | $618.65 Million | -45.42% | 4.49x | $352.98K |
| Compania de Transporte de Energia Electrica en Alta Tension Transener SA (TRAN) | $17.02 Billion | 23.41% | 0.78x | $618.45 Million |
About Central Puerto S.A.
Central Puerto S.A. engages in the electric power generation activities in Argentina. It operates in three segments: Electric Power Generation From Conventional Sources, Electric Power Generation From Renewable Sources and Forest Activity, and Management and Operations of Thermal Plants. The company's power generation assets include combined cycle, gas and steam turbine, co-generation, hydroelect… Read more