Argan SA engages in designing, building, developing, owning, leasing, and managing logistical platforms in France. More Details
Average dividend payer and overvalued.
Share Price & News
How has Argan's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ARG has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ARG exceeded the French REITs industry which returned -35.6% over the past year.
Return vs Market: ARG exceeded the French Market which returned -8% over the past year.
Price Volatility Vs. Market
How volatile is Argan's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StHow Good Is Argan SA (EPA:ARG), When It Comes To ROE?
2 months ago | Simply Wall StShareholders of Argan (EPA:ARG) Must Be Delighted With Their 390% Total Return
3 months ago | Simply Wall StWhat Kind Of Shareholder Owns Most Argan SA (EPA:ARG) Stock?
Is Argan 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 (€83.8) is trading above our estimate of fair value (€34.32)
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 (16.1x) compared to the FR REITs industry average (7.7x).
PE vs Market: ARG is good value based on its PE Ratio (16.1x) compared to the French market (17x).
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 overvalued based on its PB Ratio (1.5x) compared to the FR REITs industry average (0.6x).
How is Argan forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate 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 Argan 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.
- Argan is a dividend payer. Have a look at its current yield, dividend levels over time and whether analysts believe the payout ratio will be sustainable moving forward.
- Argan competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
How has Argan performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ARG has a large one-off gain of €74.9M impacting its June 30 2020 financial results.
Growing Profit Margin: ARG's current net profit margins (85.8%) are lower than last year .
Past Earnings Growth Analysis
Earnings Trend: ARG's earnings have grown significantly by 26% 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 (-52.9%) over the past year, making it difficult to compare to the REITs industry average (13.2%).
Return on Equity
High ROE: ARG's Return on Equity (8.6%) is considered low.
How is Argan's financial position?
Financial Position Analysis
Short Term Liabilities: ARG's short term assets (€113.0M) do not cover its short term liabilities (€228.5M).
Long Term Liabilities: ARG's short term assets (€113.0M) do not cover its long term liabilities (€1.6B).
Debt to Equity History and Analysis
Debt Level: ARG's debt to equity ratio (109.4%) is considered high.
Reducing Debt: ARG's debt to equity ratio has reduced from 123% to 109.4% over the past 5 years.
Debt Coverage: ARG's debt is not well covered by operating cash flow (4.5%).
Interest Coverage: ARG's interest payments on its debt are not well covered by EBIT (2x coverage).
What is Argan current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ARG's dividend (2.27%) is higher than the bottom 25% of dividend payers in the French market (1.54%).
High Dividend: ARG's dividend (2.27%) is low compared to the top 25% of dividend payers in the French market (5.05%).
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 reasonable payout ratio (62.4%), ARG's dividend payments are 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 board tenure
Argan has no CEO, or we have no data on them.
|Founding President & Chairman of the Supervisory Board||17.42yrs||€96.00k||25.93% |
|Independent Director||3.5yrs||€9.00k||no data|
|Independent Member of the Supervisory Board||no data||€12.00k||no data|
|Member of the Supervisory Board||3.5yrs||€12.00k||3.75% |
|Independent Member of the Supervisory Board||no data||€12.00k||no data|
|Independent Member of the Supervisory Board||4.5yrs||€12.00k||no data|
Experienced Board: ARG's board of directors are considered experienced (4 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 been diluted in the past year, with total shares outstanding growing by 34.2%.
Argan SA's company bio, employee growth, exchange listings and data sources
- Name: Argan SA
- Ticker: ARG
- Exchange: ENXTPA
- Founded: 1993
- Industry: Specialized REITs
- Sector: Real Estate
- Market Cap: €1.869b
- Shares outstanding: 22.31m
- Website: https://www.argan.fr
Number of Employees
- Argan SA
- 21, rue Beffroy
- Neuilly sur Seine
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ARG||ENXTPA (Euronext Paris)||Yes||Common Shares||FR||EUR||Jun 2007|
|0GN6||LSE (London Stock Exchange)||Yes||Common Shares||GB||EUR||Jun 2007|
|ARGP||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Shares||GB||EUR||Jun 2007|
|ARLL.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jun 2007|
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 p ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/22 04:08|
|End of Day Share Price||2020/09/21 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.