Edenor SA Class B (EDN)
NYSE:EDN
Want to see EDN full AI Analyst Report?
Top Page
Edenor SA
(NYSE:EDN)
Select Model
Select Model
Rating:62Neutral
Price Target:
$25.00
â–Ľ(-11.94% Downside)
Action:Reiterated
Date:04/01/26
The score is held back primarily by financial performance risks—especially deteriorating free cash flow, higher leverage, and weaker 2025 operating profit—despite strong recent revenue growth. Technicals are supportive (price above major moving averages with positive momentum), and valuation is favorable given the low P/E.
Positive Factors
Regulatory tariff normalization
The five-year electricity rate review and automatic monthly adjustments create a structural revenue mechanism that reduces regulatory cash-flow volatility. Restored tariffs improve predictability for distribution margins, enable sustained network investment and reduce the risk of recurrent regulatory shortfalls over the medium term.
Negative Factors
Deteriorating free cash flow
Persistently negative free cash flow increases dependence on external financing to fund capex and working capital. Even with accounting profits, weak cash conversion elevates liquidity and refinancing risk in a volatile macro environment and may constrain discretionary investment or require costly borrowing.
Read all positive and negative factors
Positive Factors
Negative Factors
Regulatory tariff normalization
The five-year electricity rate review and automatic monthly adjustments create a structural revenue mechanism that reduces regulatory cash-flow volatility. Restored tariffs improve predictability for distribution margins, enable sustained network investment and reduce the risk of recurrent regulatory shortfalls over the medium term.
Read all positive factors
Edenor SA (EDN) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.17B
Dividend YieldN/A
Average Volume (3M)230.89K
Price to Earnings (P/E)7.9
Beta (1Y)0.46
Revenue Growth13.04%
EPS Growth-31.49%
CountryUS
Employees4,642
SectorUtilities
Sector Strength65
IndustryRegulated Electric
Share Statistics
EPS (TTM)6369.80
Shares Outstanding22,128,317
10 Day Avg. Volume287,991
30 Day Avg. Volume230,886
Financial Highlights & Ratios
PEG Ratio-0.77
Price to Book (P/B)0.86
Price to Sales (P/S)0.55
P/FCF Ratio-6.08
Enterprise Value/Market Cap2.19K
Enterprise Value/Revenue0.86
Enterprise Value/Gross Profit3.77
Enterprise Value/Ebitda3.18
Forecast
1Y Price Target
$40.00Price Target Upside40.89% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.25
Revenue Forecast (FY)$2.31B
Edenor SA Business Overview & Revenue Model
Company Description
Empresa Distribuidora y Comercializadora Norte Sociedad AnĂłnima engages in the distribution and sale of electricity in Argentina. The company was incorporated in 1992 and is based in Buenos Aires, Argentina. Empresa Distribuidora y Comercializador...
How the Company Makes Money
Edenor primarily makes money by providing regulated electricity distribution services and charging customers tariffs for delivering electricity over its network. Its main revenue stream is distribution billing to end-users, which is generally comp...
Edenor SA Financial Statement Overview
Summary
Income Statement
56
Neutral
Balance Sheet
62
Positive
Cash Flow
34
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 2.99T | 2.69T | 2.01T | 1.40T | 688.50B |
| Gross Profit | 680.58B | 519.09B | 79.42B | 50.82B | 88.49B |
| EBITDA | 807.60B | 910.92B | 1.68T | 706.74B | 186.67B |
| Net Income | 239.24B | 357.98B | 251.77B | -44.01B | -129.47B |
Balance Sheet | |||||
| Total Assets | 5.80T | 3.98T | 3.29T | 3.26T | 463.27B |
| Cash, Cash Equivalents and Short-Term Investments | 796.08B | 397.47B | 199.81B | 205.69B | 36.75B |
| Total Debt | 1.17T | 476.36B | 213.23B | 101.38B | 20.66B |
| Total Liabilities | 3.57T | 2.47T | 2.05T | 2.21T | 319.72B |
| Stockholders Equity | 2.22T | 1.51T | 1.23T | 1.04T | 143.55B |
Cash Flow | |||||
| Free Cash Flow | -312.84B | -114.05B | -48.31B | 3.70B | 6.62B |
| Operating Cash Flow | 116.44B | 245.92B | 71.47B | 35.43B | 21.35B |
| Investing Cash Flow | -537.73B | -567.25B | -79.06B | -37.36B | -25.54B |
| Financing Cash Flow | 614.18B | 265.18B | 7.34B | -4.76B | -1.44B |
Edenor SA Technical Analysis
Negative
28.39
Price Trends
26.74
Negative
27.63
Negative
26.47
Negative
Market Momentum
-0.94
Negative
46.82
Neutral
50.80
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EDN, the sentiment is Negative. The current price of 28.39 is above the 20-day moving average (MA) of 24.33, above the 50-day MA of 26.74, and above the 200-day MA of 26.47, indicating a neutral trend. The MACD of -0.94 indicates Negative momentum. The RSI at 46.82 is Neutral, neither overbought nor oversold. The STOCH value of 50.80 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for EDN.
Edenor SA Risk Analysis
Edenor SA disclosed 53 risk factors in its most recent earnings report. Edenor SA reported the most risks in the "Macro & Political" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Edenor SA Peers Comparison
UnderperformOutperform
Sector (66)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | $5.91B | 8.41 | 0.04% | 5.63% | 8.85% | 191.04% | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
62 Neutral | $1.17B | 7.88 | 11.90% | ― | 13.04% | -31.49% | |
61 Neutral | $2.25B | 1.99 | 28.37% | 2.00% | 13.93% | 231.87% | |
60 Neutral | $5.75B | 32.39 | 6.25% | 4.38% | 4.28% | -21.65% | |
58 Neutral | $359.04M | 33.15 | 7.64% | 2.16% | 14.67% | 12.34% |
* Utilities Sector Average
EDN
Edenor SA
24.35
-11.57
-32.21%
GNE
Genie Energy Commo
13.60
-5.35
-28.22%
POR
Portland GE
49.71
9.86
24.75%
ENIC
Enel Chile SA
4.33
0.81
22.94%
CEPU
Central Puerto SA
13.96
0.32
2.35%
Edenor SA Corporate Events
Edenor Gains Fitch Ratings Upgrade on Issuer and Note Credit Scores
May 14, 2026
On May 14, 2026, Edenor reported that Fitch Ratings upgraded its Long-Term Local Currency Issuer Default Rating to ‘B’ and its Long-Term Foreign Currency Issuer Default Rating to ‘B-’ from ‘CCC+’. Fitch also rai...
Edenor Board Approves First-Quarter 2026 Financial Statements
May 12, 2026
On May 8, 2026, Edenor’s board of directors held a remotely conducted meeting in Buenos Aires under provisions that allow virtual sessions, with directors and members of the supervisory committee participating via Microsoft Teams. The meetin...
Edenor Files March 31, 2026 Interim Financial Statements
May 12, 2026
Edenor has filed its condensed interim consolidated financial statements for the three-month period ended March 31, 2026, reporting results in inflation-adjusted pesos and under International Financial Reporting Standards. The company’s dist...
Edenor Posts Strong First-Quarter 2026 Profit and Details Capital Structure
May 12, 2026
On May 8, 2026, Edenor’s board in Buenos Aires approved its condensed interim financial statements for the quarter ended March 31, 2026, reporting profit attributable to shareholders of ARS 117,854 million and total comprehensive income of t...
Edenor Posts Strong 1Q26 Profit and EBITDA as Tariff Review Fuels Investment and Efficiency Gains
May 12, 2026
On May 8, 2026, Edenor’s board approved financial statements for the quarter ended March 31, 2026, showing a profit of ARS 117,854 million and an EBITDA of ARS 190,579 million, largely supported by restored electricity tariffs and ongoing ap...
Edenor Posts Strong First-Quarter 2026 Profit on Tariff Normalization and Cost Controls
May 8, 2026
Edenor reported its first-quarter 2026 results on May 8, 2026, showing the normalization of tariffs under the new regulatory framework feeding through to its financials, with revenues reaching ARS 846.7 billion and EBITDA more than doubling year o...
Edenor Revamps Audit Committee and Names New Financial Expert
Apr 30, 2026
On April 30, 2026, Buenos Aires-based power distributor Edenor reported a change in the composition of its Audit Committee following a board meeting held the previous day. The board appointed Esteban Macek, Federico Zin and Maximiliano Zuddio as m...
Edenor Raises Tender Cap After Oversubscribed Offer for 2030 Notes
Apr 29, 2026
On April 28, 2026, Edenor reported early tender results for its cash tender offer targeting its 9.75% Senior Notes due 2030, originally capped at US$150 million out of US$475 million outstanding. Strong demand led the company to raise the tender c...
Edenor Launches Voluntary Tender Offer for Up to US$150 Million of 2030 Notes
Apr 16, 2026
On April 15, 2026, Edenor announced it has launched a voluntary cash tender offer to repurchase up to US$150 million of its outstanding Class 7 notes, which bear a fixed 9.75% coupon and mature on October 24, 2030, out of a total of US$475 million...
Edenor Secures Upgrade to A+ Long-Term Credit Rating
Mar 25, 2026
On March 25, 2026, Edenor announced that local rating agency Fix SCR S.A. upgraded its long-term issuer rating from A to A+ with a stable outlook, while also lifting its short-term issue rating from A1 to A1+. The improved credit ratings signal st...
Edenor Files 2025 Consolidated Financial Results and Confirms Year-End Capital Structure
Mar 11, 2026
Edenor has filed its consolidated financial statements for the year ended December 31, 2025, presenting results in constant Argentine pesos and in comparative form with prior years. The filing details its comprehensive income, financial position, ...
Edenor Reports Strong 2025 Profit and Solid Equity Position as Board Approves Annual Results
Mar 11, 2026
On March 6, 2026, Edenor’s board approved the annual report, financial statements, sustainability and corporate governance reports for the fiscal year ended December 31, 2025. The filings confirm a profit attributable to shareholders of ARS ...
Edenor Posts Strong 2025 Profit and Record Service Quality on Back of Tariff Restorations
Mar 11, 2026
On March 6, 2026, Edenor’s board approved financial statements for the year ended December 31, 2025, showing a profit of ARS 239,236 million and EBITDA of ARS 571,975 million, supported by electricity rate adjustments and cost optimization. ...
Edenor Board Approves 2025 Financial Statements and Annual Report
Mar 11, 2026
On March 6, 2026, Edenor’s board of directors and supervisory committee held a duly constituted remote meeting in Buenos Aires, enabled under the company’s bylaws. The session was conducted via Microsoft Teams, ensuring simultaneous au...
Edenor Posts Strong 4Q25 Turnaround as Tariff Normalization Boosts Earnings
Mar 6, 2026
In its fourth-quarter 2025 results released on March 6, 2026, Edenor reported that Argentina’s five-year tariff review for 2025–2030 and ongoing automatic monthly rate adjustments have markedly improved the utility’s financial pe...
Edenor Calls Remote Ordinary General Shareholders’ Meeting for April 29, 2026
Mar 6, 2026
On March 6, 2026, Edenor’s board resolved to convene an Ordinary General Shareholders’ Meeting for April 29, 2026, with a first call at 10:00 a.m. and a second call at 11:00 a.m. The meeting is scheduled to be held remotely via Microso...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.