Argo Investments Limited is a publicly owned investment manager.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$9.42|
|52 Week High||AU$7.42|
|52 Week Low||AU$9.85|
|1 Month Change||5.72%|
|3 Month Change||2.28%|
|1 Year Change||23.95%|
|3 Year Change||22.34%|
|5 Year Change||29.75%|
|Change since IPO||323.73%|
Recent News & Updates
Argo Investments Limited's (ASX:ARG) CEO Compensation Looks Acceptable To Us And Here's Why
Performance at Argo Investments Limited ( ASX:ARG ) has been rather uninspiring recently and shareholders may be...
Argo Investments (ASX:ARG) Has Affirmed Its Dividend Of AU$0.14
The board of Argo Investments Limited ( ASX:ARG ) has announced that it will pay a dividend of AU$0.14 per share on the...
Is Argo Investments Limited (ASX:ARG) A Risky Dividend Stock?
Dividend paying stocks like Argo Investments Limited ( ASX:ARG ) tend to be popular with investors, and for good reason...
Why It Might Not Make Sense To Buy Argo Investments Limited (ASX:ARG) For Its Upcoming Dividend
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
|ARG||AU Capital Markets||AU Market|
Return vs Industry: ARG matched the Australian Capital Markets industry which returned 24.9% over the past year.
Return vs Market: ARG exceeded the Australian Market which returned 21.1% over the past year.
Stable Share Price: ARG is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: ARG's weekly volatility (2%) has been stable over the past year.
About the Company
Argo Investments Limited is a publicly owned investment manager. The firm manages separate client focused equity portfolios for its clients. It invests in public equity markets of Australia.
Argo Investments Fundamentals Summary
|ARG fundamental statistics|
Is ARG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ARG income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.24|
|Net Profit Margin||87.03%|
How did ARG perform over the long term?See historical performance and comparison
3.0%Current Dividend Yield
Is Argo Investments undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ARG (A$9.42) is trading above our estimate of fair value (A$3.51)
Significantly Below Fair Value: ARG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ARG is poor value based on its PE Ratio (39.4x) compared to the Australian Capital Markets industry average (17.5x).
PE vs Market: ARG is poor value based on its PE Ratio (39.4x) compared to the Australian market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ARG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ARG is good value based on its PB Ratio (1.2x) compared to the AU Capital Markets industry average (1.4x).
How is Argo Investments forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Argo Investments has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Argo Investments performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ARG has high quality earnings.
Growing Profit Margin: ARG's current net profit margins (87%) are lower than last year (92%).
Past Earnings Growth Analysis
Earnings Trend: ARG's earnings have declined by 2.6% per year over the past 5 years.
Accelerating Growth: ARG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ARG had negative earnings growth (-12.8%) over the past year, making it difficult to compare to the Capital Markets industry average (12.8%).
Return on Equity
High ROE: ARG's Return on Equity (3.1%) is considered low.
How is Argo Investments's financial position?
Financial Position Analysis
Short Term Liabilities: ARG's short term assets (A$216.1M) exceed its short term liabilities (A$45.9M).
Long Term Liabilities: ARG's short term assets (A$216.1M) do not cover its long term liabilities (A$916.9M).
Debt to Equity History and Analysis
Debt Level: ARG is debt free.
Reducing Debt: ARG has not had any debt for past 5 years.
Debt Coverage: ARG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ARG has no debt, therefore coverage of interest payments is not a concern.
What is Argo Investments's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ARG's dividend (2.97%) is higher than the bottom 25% of dividend payers in the Australian market (2.29%).
High Dividend: ARG's dividend (2.97%) is low compared to the top 25% of dividend payers in the Australian market (5.31%).
Stability and Growth of Payments
Stable Dividend: ARG's dividends per share have been stable in the past 10 years.
Growing Dividend: ARG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (116.3%), ARG's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Jason Beddow, BEng, GdipAppFin(SecInst) has been Managing Director and Non-Independent Executive Director of Argo Investments Limited since February 03, 2014. He has been Managing Director of Argo Glob...
CEO Compensation Analysis
Compensation vs Market: Jason's total compensation ($USD797.51K) is below average for companies of similar size in the Australian market ($USD2.18M).
Compensation vs Earnings: Jason's compensation has been consistent with company performance over the past year.
Experienced Management: ARG's management team is seasoned and experienced (8.3 years average tenure).
Experienced Board: ARG's board of directors are considered experienced (7.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Argo Investments Limited's employee growth, exchange listings and data sources
- Name: Argo Investments Limited
- Ticker: ARG
- Exchange: ASX
- Founded: 1946
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: AU$6.850b
- Shares outstanding: 727.16m
- Website: https://www.argoinvestments.com.au
- Argo Investments Limited
- 91 King William Street
- Level 25
- South Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 18:03|
|End of Day Share Price||2021/10/21 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.