Distribuidora de Gas Cuyana runs the regulated natural gas distribution network serving Mendoza, San Juan and San Luis in western Argentina, delivering gas to residential, commercial and industrial customers under a concession. The moat is the concession itself: a regulated monopoly over its pipeline footprint, so competition for the customer base is effectively absent and returns are set by the tariff regime rather than by rivals. Revenue grew 25.6% in the latest figures, with a 35.0% gross margin, 19.7% operating margin and a 21.5% return on equity, which is strong for a utility. The stock trades at a trailing P/E of 4.7 with no forward multiple, and the 270.1B ARS market cap sits outside any major index, so coverage is thin. The thesis turns on whether tariff adjustments keep pace with Argentine inflation and whether the regulator's future decisions preserve these margins, both of which need checking before the earnings rate can be trusted.
Plain-English pros, cons, and what to watch. Pro feature.
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| Date | Type | New | Previous | Price |
|---|---|---|---|---|
| 20 Oct 2026, 02:20 CEST | ACCE price target | ARS 1562 | first publication | ARS 1335 |
Answered from Distribuidora de Gas Cuyana SA fundamentals + recent valuations. Every number shows its source and date.
| Company | Price | Fair value | vs fair value | P/E | ROE | Quality | Score |
|---|---|---|---|---|---|---|---|
| DGCU2.BA Distribuidora de Gas Cuyana SA | ARS 1310.00 | - | - | 4.6x | 21.5% | 75 | 61 |
| GASCO.SN Empresas Gasco S.A | CLP 1366.70 | - | - | - | -0.1% | 40 | 36 |
| RGCO RGC Resources Inc. Common Stock | $22.82 | $21 | 9% above | 16.9x | 11.7% | 53 | 48 |
| CGPA2.BA Camuzzi Gas Pampeana SA | ARS 1515.00 | - | - | 16.5x | 14.6% | 48 | 53 |
| GBAN.BA Naturgy BAN SA | ARS 1640.00 | - | - | 4.7x | 42.6% | 76 | 55 |
| METR.BA Metrogas SA | ARS 2429.00 | - | - | 9.2x | 13.4% | 72 | 79 |
| SPB.TO Superior Plus Corp. | C$6.83 | C$12 | 44% below | - | 1.3% | 32 | 38 |
Where DGCU2.BA ranks against its sector peers on each metric.