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Argan

ENXTPA:ARG
Snowflake Description

Proven track record average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ARG
ENXTPA
€924M
Market Cap
  1. Home
  2. FR
  3. Real Estate
Company description

Argan SA engages in designing, building, developing, owning, leasing, and managing logistical platforms in France. The last earnings update was 24 days ago. More info.


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ARG Share Price and Events
7 Day Returns
4.9%
ENXTPA:ARG
-0.5%
FR REITs
-2.3%
FR Market
1 Year Returns
45.6%
ENXTPA:ARG
-1.2%
FR REITs
3.4%
FR Market
ARG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Argan (ARG) 4.9% 9.8% 32.9% 45.6% 149.7% 251.3%
FR REITs -0.5% 3% 13% -1.2% 2.8% 23.2%
FR Market -2.3% 1.5% 12.9% 3.4% 27.2% 27%
1 Year Return vs Industry and Market
  • ARG outperformed the REITs industry which returned -1.2% over the past year.
  • ARG outperformed the Market in France which returned 3.4% over the past year.
Price Volatility
ARG
Industry
5yr Volatility vs Market
Related Companies

ARG Value

 Is Argan undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Argan. This is due to cash flow or dividend data being unavailable. The share price is €56.2.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Argan's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Argan's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ENXTPA:ARG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €8.86
ENXTPA:ARG Share Price ** ENXTPA (2019-03-22) in EUR €56.2
France REITs Industry PE Ratio Median Figure of 22 Publicly-Listed REITs Companies 10.55x
France Market PE Ratio Median Figure of 422 Publicly-Listed Companies 15.49x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Argan.

ENXTPA:ARG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTPA:ARG Share Price ÷ EPS (both in EUR)

= 56.2 ÷ 8.86

6.34x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Argan is good value based on earnings compared to the FR REITs industry average.
  • Argan is good value based on earnings compared to the France market.
Price based on expected Growth
Does Argan's expected growth come at a high price?
Raw Data
ENXTPA:ARG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 6.34x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
-8.1%per year
France REITs Industry PEG Ratio Median Figure of 11 Publicly-Listed REITs Companies 0.57x
France Market PEG Ratio Median Figure of 274 Publicly-Listed Companies 1.33x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Argan, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Argan's assets?
Raw Data
ENXTPA:ARG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €39.92
ENXTPA:ARG Share Price * ENXTPA (2019-03-22) in EUR €56.2
France REITs Industry PB Ratio Median Figure of 27 Publicly-Listed REITs Companies 0.88x
France Market PB Ratio Median Figure of 621 Publicly-Listed Companies 1.46x
ENXTPA:ARG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTPA:ARG Share Price ÷ Book Value per Share (both in EUR)

= 56.2 ÷ 39.92

1.41x

* Primary Listing of Argan.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Argan is overvalued based on assets compared to the FR REITs industry average.
X
Value checks
We assess Argan's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the REITs industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the REITs industry average (and greater than 0)? (1 check)
  5. Argan has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ARG Future Performance

 How is Argan expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Argan, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-8.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Argan expected to grow at an attractive rate?
  • Argan's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 0.7%.
Growth vs Market Checks
  • Argan's earnings are expected to decrease over the next 1-3 years, this is below the France market average.
  • Unable to compare Argan's revenue growth to the France market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ENXTPA:ARG Future Growth Rates Data Sources
Data Point Source Value (per year)
ENXTPA:ARG Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts -8.1%
France REITs Industry Earnings Growth Rate Market Cap Weighted Average -8.5%
France REITs Industry Revenue Growth Rate Market Cap Weighted Average 2.7%
France Market Earnings Growth Rate Market Cap Weighted Average 13.1%
France Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ENXTPA:ARG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ENXTPA:ARG Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
ENXTPA:ARG Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 85 81 145
2018-09-30 84 85 128
2018-06-30 83 90 112
2018-03-31 79 89 102
2017-12-31 76 88 92
2017-09-30 73 77 99
2017-06-30 70 66 107
2017-03-31 69 58 101
2016-12-31 67 50 95
2016-09-30 67 57 78
2016-06-30 67 64 61
2016-03-31 67 64 55

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Argan's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Unable to determine if Argan is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ENXTPA:ARG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Argan Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTPA:ARG Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
ENXTPA:ARG Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 8.86
2018-09-30 8.05
2018-06-30 7.21
2018-03-31 6.72
2017-12-31 6.21
2017-09-30 6.76
2017-06-30 7.33
2017-03-31 6.98
2016-12-31 6.62
2016-09-30 5.44
2016-06-30 4.25
2016-03-31 3.88

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Argan will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Argan's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the France market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the France market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Argan has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ARG Past Performance

  How has Argan performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Argan's growth in the last year to its industry (REITs).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Argan has delivered over 20% year on year earnings growth in the past 5 years.
  • Argan's 1-year earnings growth exceeds its 5-year average (57.6% vs 30%)
  • Argan's earnings growth has exceeded the FR REITs industry average in the past year (57.6% vs -19.5%).
Earnings and Revenue History
Argan's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Argan Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTPA:ARG Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 85.39 144.53 4.00
2018-09-30 84.17 128.49 3.97
2018-06-30 82.94 112.45 3.93
2018-03-31 79.29 102.06 3.56
2017-12-31 75.64 91.68 3.18
2017-09-30 73.05 99.14 2.96
2017-06-30 70.45 106.59 2.73
2017-03-31 68.77 100.92 2.70
2016-12-31 67.10 95.25 2.66
2016-09-30 67.00 77.88 2.49
2016-06-30 66.91 60.50 2.32
2016-03-31 67.17 55.10 2.30
2015-12-31 67.44 49.71 2.28
2015-09-30 67.19 52.11 2.25
2015-06-30 66.94 54.51 2.23
2015-03-31 66.59 47.66 2.18
2014-12-31 66.23 40.81 2.14
2014-09-30 65.25 34.81 2.18
2014-06-30 64.26 28.82 2.21
2014-03-31 63.09 28.56 2.24
2013-12-31 61.92 28.30 2.28
2013-09-30 59.96 29.83 2.30
2013-06-30 57.99 31.35 2.33
2013-03-31 54.98 28.70 2.26
2012-12-31 51.97 26.04 2.18
2012-09-30 49.21 22.84 2.24
2012-06-30 46.45 19.63 2.29
2012-03-31 44.98 19.70 2.27

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Whilst Argan has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.
  • Argan used its assets more efficiently than the FR REITs industry average last year based on Return on Assets.
  • Argan's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Argan's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the REITs industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Argan has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

ARG Health

 How is Argan's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Argan's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Argan's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Argan's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Argan's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Argan Company Filings, last reported 2 months ago.

ENXTPA:ARG Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 653.48 803.39 25.67
2018-09-30 653.48 803.39 25.67
2018-06-30 582.08 874.29 114.54
2018-03-31 582.08 874.29 114.54
2017-12-31 517.68 847.29 102.44
2017-09-30 517.68 847.29 102.44
2017-06-30 437.52 716.13 44.14
2017-03-31 437.52 716.13 44.14
2016-12-31 386.20 676.44 35.14
2016-09-30 386.20 676.44 35.14
2016-06-30 325.51 654.45 53.12
2016-03-31 325.51 654.45 53.12
2015-12-31 292.42 677.92 23.84
2015-09-30 292.42 677.92 23.84
2015-06-30 272.94 688.91 25.63
2015-03-31 272.94 688.91 25.63
2014-12-31 249.92 681.74 28.69
2014-09-30 249.92 681.74 28.69
2014-06-30 227.10 676.53 30.90
2014-03-31 227.10 676.53 30.90
2013-12-31 226.46 691.69 72.70
2013-09-30 226.46 691.69 72.70
2013-06-30 213.39 635.60 18.64
2013-03-31 213.39 635.60 18.64
2012-12-31 202.72 598.29 21.18
2012-09-30 202.72 598.29 21.18
2012-06-30 191.90 536.59 35.08
2012-03-31 191.90 536.59 35.08
  • Argan's level of debt (122.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (305.4% vs 122.9% today).
  • Debt is not well covered by operating cash flow (10.1%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4x coverage).
X
Financial health checks
We assess Argan's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Argan has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ARG Dividends

 What is Argan's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.81%
Current annual income from Argan dividends.
If you bought €2,000 of Argan shares you are expected to receive €36 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Argan's pays a higher dividend yield than the bottom 25% of dividend payers in France (1.67%).
  • Argan's dividend is below the markets top 25% of dividend payers in France (4.62%).
Upcoming dividend payment

Purchase Argan on or before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ENXTPA:ARG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
France REITs Industry Average Dividend Yield Market Cap Weighted Average of 23 Stocks 5.4%
France Market Average Dividend Yield Market Cap Weighted Average of 321 Stocks 3.1%
France Minimum Threshold Dividend Yield 10th Percentile 1%
France Bottom 25% Dividend Yield 25th Percentile 1.7%
France Top 25% Dividend Yield 75th Percentile 4.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ENXTPA:ARG Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
ENXTPA:ARG Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2018-04-26 1.020 2.264
2018-03-01 1.020 2.550
2017-04-07 0.920 2.521
2017-03-02 0.920 3.309
2016-04-25 0.880 3.678
2016-03-02 0.880 3.883
2015-04-08 0.850 4.109
2015-01-21 0.850 3.937
2014-04-28 0.820 4.778
2014-01-23 0.820 5.192
2013-04-30 0.800 5.941
2013-01-24 0.800 6.309
2012-04-27 0.800 7.128
2012-02-01 0.800 6.630
2011-03-16 0.750 6.020
2010-02-10 0.660 5.177
2009-04-14 0.600 6.242
2009-03-25 0.600 7.802

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Argan's earnings are paid to the shareholders as a dividend.
  • Dividends paid are thoroughly covered by earnings (8.5x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Argan's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Argan afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Argan has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ARG Management

 What is the CEO of Argan's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Argan has no CEO, or we have no data on them.
Management Team

Jean-Claude Le Lan

TITLE
Founding President & Chairman of the Supervisory Board
COMPENSATION
€70K

Ronan Le Lan

TITLE
Chairman of the Executive Board
COMPENSATION
€163K

Francis Albertinelli

TITLE
Administrative & Financial Director and Member of the Executive Board
COMPENSATION
€163K

Jean-Claude Le Lan

TITLE
Treasurer
COMPENSATION
€75K
TENURE
9.3 yrs

Frédéric Larroumets

TITLE
Chief Development Officer & Member of the Executive Board
COMPENSATION
€163K
TENURE
4.5 yrs
Board of Directors

Jean-Claude Le Lan

TITLE
Founding President & Chairman of the Supervisory Board
COMPENSATION
€70K
TENURE
15.9 yrs

Florence de Lafont

TITLE
Independent Member of the Supervisory Board
COMPENSATION
€8K
AGE
56

Bernard Thévenin

TITLE
Independent Member of the Supervisory Board
COMPENSATION
€11K

François-Régis Causans

TITLE
Independent Member of the Supervisory Board
COMPENSATION
€17K
TENURE
3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Argan's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Argan has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ARG News

Simply Wall St News

What Kind Of Investor Owns Most Of Argan SA (EPA:ARG)?

If you want to know who really controls Argan SA (EPA:ARG), then you'll have to look at the makeup of its share registry. … Argan has a market capitalization of €835m, so we would expect some institutional investors to have noticed the stock. … Taking a look at our data on the ownership groups (below), it's seems that.

Simply Wall St -

Do Institutions Own Argan SA (EPA:ARG) Shares?

Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … Our analysis of the ownership of the company, below, shows that. … institutions own shares in the company

Simply Wall St -

Why Argan SA (EPA:ARG) Looks Like A Quality Company

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … That means that for every €1 worth of shareholders' equity, it generated €0.19 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Who Are Argan SA's (EPA:ARG) Major Shareholders?

Today, I will be analyzing Argan SA’s (EPA:ARG) recent ownership structure, an important but not-so-popular subject among individual investors. … A company's ownership structure is often linked to its share performance in both the long- and short-term. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment.

Simply Wall St -

Should You Expect Argan SA (EPA:ARG) To Continue Delivering An ROE Of 17.71%?

and want a simplistic look at the return on Argan SA (EPA:ARG) stock. … If ARG borrows debt to invest in its business, its profits will be higher. … But ROE does not capture any debt, so we only see high profits and low equity, which is great on the surface

Simply Wall St -

How Argan SA (EPA:ARG) Can Impact Your Portfolio Volatility

ARG's beta implies it may be a stock that investors with high-beta portfolios might find relevant if they wanted to reduce their exposure to market risk, especially during times of downturns. … An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive. … However, this is the opposite to what ARG’s actual beta value suggests, which is lower stock volatility relative to the market.

Simply Wall St -

Breaking Down Argan SA's (EPA:ARG) Ownership Structure

Insider Ownership Another important group of shareholders are company insiders. … Private Company Ownership Potential investors in ARG should also look at another important group of investors: private companies, with a stake of 1.00%, who are primarily invested because of strategic and capital gain interests. … Thus, investors not need worry too much about the consequences of these holdings.Next Steps: The company's high institutional ownership makes margin of safety a very important consideration to existing investors since long bull and bear trends often emerge when these big-ticket investors see a change in long-term potential of the company.

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What Should Investors Know About Argan SA's (EPA:ARG) Long Term Outlook?

Below, I've laid out key numbers on how market analysts predict Argan's earnings growth trajectory over the next couple of years and whether the future looks brighter. … Check out our latest analysis for Argan Market analysts' consensus outlook for this coming year seems pessimistic, with earnings declining by a double-digit -36.30%. … ENXTPA:ARG Future Profit Mar 30th 18 While it’s useful to be aware of the growth rate each year relative to today’s figure, it may be more insightful to gauge the rate at which the earnings are rising or falling every year, on average.

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Should You Invest In Argan SA (EPA:ARG)?

View our latest analysis for Argan REIT investors should be familiar with the term Fund from Operations (FFO) – a REIT’s main source of cash flow from its day-to-day business activities. … This tells us how long it will take ARG to pay off its debt using its income from its main business activities, and gives us an insight into ARG’s ability to service its borrowings. … However, before you decide on whether or not to invest in ARG, I highly recommend taking a look at other aspects of the stock to consider: Future Outlook: What are well-informed industry analysts predicting for ARG’s future growth?

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Should You Expect Argan SA (EPA:ARG) To Continue Delivering An ROE Of 17.71%?

See our latest analysis for Argan What you must know about ROE Return on Equity (ROE) weighs Argan’s profit against the level of its shareholders’ equity. … ROE can be split up into three useful ratios: net profit margin, asset turnover, and financial leverage. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity ENXTPA:ARG Last Perf Mar 13th 18 The first component is profit margin, which measures how much of sales is retained after the company pays for all its expenses.

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ARG Company Info

Description

Argan SA engages in designing, building, developing, owning, leasing, and managing logistical platforms in France. It is also involved in the development and management of land. The company’s real estate property consists of a total area of 806,000 square meters. It serves shippers and logistics companies. The company was founded in 1993 and is based in Neuilly sur Seine, France.

Details
Name: Argan SA
ARG
Exchange: ENXTPA
Founded: 1993
€923,605,666
16,375,987
Website: http://www.argan.fr
Address: Argan SA
21, rue Beffroy,
Neuilly sur Seine,
Ile-de-France, 92200,
France
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTPA ARG Common Shares Euronext Paris FR EUR 25. Jun 2007
LSE 0GN6 Common Shares London Stock Exchange GB EUR 25. Jun 2007
BATS-CHIXE ARGP Common Shares BATS 'Chi-X Europe' GB EUR 25. Jun 2007
Number of employees
Current staff
Staff numbers
22
Argan employees.
Industry
Specialized REITs
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/24 21:07
End of day share price update: 2019/03/22 00:00
Last estimates confirmation: 2018/01/17
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.