Argan Future Growth

Future criteria checks 3/6

Argan's revenue is forecast to decline at 0.6% per annum while its annual earnings are expected to grow at 78% per year. EPS is expected to grow by 72.5% per annum. Return on equity is forecast to be 6.6% in 3 years.

Key information

78.0%

Earnings growth rate

72.5%

EPS growth rate

Industrial REITs earnings growth	54.5%
Revenue growth rate	-0.6%
Future return on equity	6.6%
Analyst coverage	Low
Last updated	15 Apr 2024

Recent future growth updates

Recent updates

What Kind Of Shareholders Hold The Majority In Argan SA's (EPA:ARG) Shares?

Jan 06

A Note On Argan SA's (EPA:ARG) ROE and Debt To Equity

Dec 03

Earnings and Revenue Growth Forecasts

ENXTPA:ARG - Analysts future estimates and past financials data (EUR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	215	180	199	198	3
12/31/2025	209	195	196	192	4
12/31/2024	198	135	177	185	4
12/31/2023	221	-263	186	186	N/A
9/30/2023	216	-379	184	185	N/A
6/30/2023	211	-494	183	183	N/A
3/31/2023	205	-199	159	159	N/A
12/31/2022	198	95	136	136	N/A
9/30/2022	194	373	135	135	N/A
6/30/2022	190	652	134	134	N/A
3/31/2022	188	660	153	153	N/A
12/31/2021	186	668	172	172	N/A
9/30/2021	195	618	170	170	N/A
6/30/2021	205	568	168	168	N/A
3/31/2021	188	423	150	150	N/A
12/31/2020	171	279	132	132	N/A
9/30/2020	148	193	68	96	N/A
6/30/2020	125	107	4	61	N/A
3/31/2020	114	161	-49	37	N/A
12/31/2019	102	215	-102	14	N/A
9/30/2019	95	222	-82	35	N/A
6/30/2019	88	228	-63	57	N/A
3/31/2019	87	186	-86	69	N/A
12/31/2018	85	145	-109	81	N/A
9/30/2018	84	128	-135	86	N/A
6/30/2018	83	112	-160	91	N/A
3/31/2018	79	102	-119	89	N/A
12/31/2017	76	92	-79	88	N/A
9/30/2017	73	99	N/A	77	N/A
6/30/2017	70	107	N/A	66	N/A
3/31/2017	69	101	N/A	58	N/A
12/31/2016	67	95	N/A	50	N/A
9/30/2016	67	78	N/A	57	N/A
6/30/2016	67	61	N/A	64	N/A
3/31/2016	67	55	N/A	64	N/A
12/31/2015	67	50	N/A	64	N/A
9/30/2015	67	52	N/A	63	N/A
6/30/2015	67	55	N/A	61	N/A
3/31/2015	67	48	N/A	64	N/A
12/31/2014	66	41	N/A	67	N/A
9/30/2014	65	35	N/A	61	N/A
6/30/2014	64	29	N/A	55	N/A
3/31/2014	63	29	N/A	55	N/A
12/31/2013	62	28	N/A	54	N/A
9/30/2013	60	30	N/A	54	N/A
6/30/2013	58	31	N/A	54	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ARG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1%).

Earnings vs Market: ARG is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ARG is expected to become profitable in the next 3 years.

Revenue vs Market: ARG's revenue is expected to decline over the next 3 years (-0.6% per year).

High Growth Revenue: ARG's revenue is forecast to decline over the next 3 years (-0.6% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ARG's Return on Equity is forecast to be low in 3 years time (6.6%).

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Argan Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 42%

Price target decreased by 10% to €84.50

Consensus EPS estimates upgraded to €0.63 loss

Consensus EPS estimates fall by 259%

Price target decreased to €104

Price target decreased to €112

Recent updates

Argan Launches A New 18,000 Sq.M Aut0nom®? Stalled Project in Chartres

Argan SA Announces Board Changes

Upcoming dividend of €3.15 per share

Dividend increased to €3.15

Third quarter 2023 earnings released

Argan SA to Report Fiscal Year 2024 Results on Jan 16, 2025

Now 21% undervalued after recent price drop

Consensus EPS estimates fall by 42%

Argan SA to Report Fiscal Year 2023 Results on Jan 18, 2024

First half 2023 earnings released: €11.61 loss per share (vs €14.16 profit in 1H 2022)

Price target decreased by 10% to €84.50

Argan Announces Launching the Construction of A Fulfillment Centre in Rouen

Argan Announces Launching the Construction of A Fulfillment Centre in Rouen

Consensus EPS estimates upgraded to €0.63 loss

Consensus EPS estimates fall by 259%

Now 22% undervalued

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Argan SA, Annual General Meeting, Mar 23, 2023

ARGAN Appoints Christophe DELACHAIR as Sales Director

Now 20% undervalued after recent price drop

Price target decreased to €104

Argan SA to Report Fiscal Year 2022 Results on Jan 19, 2023

First half 2022 earnings released: EPS: €14.16 (vs €15.10 in 1H 2021)

Argan SA Revises Dividend Guidance for the Full Year 2022

Argan SA to Report First Half, 2022 Results on Jul 20, 2022

Price target decreased to €112

Consensus forecasts updated

Consensus EPS estimates increase by 46%

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target increased to €123

First half 2021 earnings released: EPS €15.10 (vs €2.23 in 1H 2020)

Upcoming dividend of €2.10 per share

Argan SA to Report First Half, 2021 Results on Jul 15, 2021

New 90-day high: €88.40

Argan SA (ENXTPA:ARG) acquired two logistics platforms in France.

What Kind Of Shareholders Hold The Majority In Argan SA's (EPA:ARG) Shares?

New 90-day low: €77.00

A Note On Argan SA's (EPA:ARG) ROE and Debt To Equity

OPPCI Groupama Gan Logistics agreed to acquire Portfolio Of 3 Logistics Platforms from Argan SA (ENXTPA:ARG).

New 90-day low: €81.60

New 90-day high - €89.00

Argan SA to Report Fiscal Year 2020 Results on Jan 20, 2021

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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