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Market Cap

UK£141.5m

Last Updated

2021/05/12 19:38 UTC

Data Sources

Company Financials +

Executive Summary

Argentex Group PLC provides foreign exchange services for businesses worldwide. More Details


Snowflake Analysis

Solid track record with excellent balance sheet.


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Share Price & News

How has Argentex Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AGFX is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: AGFX's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

-2.7%

AGFX

-2.1%

GB Capital Markets

-0.7%

GB Market


1 Year Return

-7.9%

AGFX

15.2%

GB Capital Markets

28.0%

GB Market

Return vs Industry: AGFX underperformed the UK Capital Markets industry which returned 14.3% over the past year.

Return vs Market: AGFX underperformed the UK Market which returned 24.2% over the past year.


Shareholder returns

AGFXIndustryMarket
7 Day-2.7%-2.1%-0.7%
30 Day-3.5%-3.9%1.8%
90 Day4.0%-8.7%6.4%
1 Year-6.8%-7.9%18.5%15.2%33.4%28.0%
3 Yearn/a27.5%13.5%10.6%-2.0%
5 Yearn/a97.4%63.3%49.8%21.6%

Long-Term Price Volatility Vs. Market

How volatile is Argentex Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Argentex Group undervalued compared to its fair value and its price relative to the market?

6.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: AGFX (£1.25) is trading below our estimate of fair value (£1.33)

Significantly Below Fair Value: AGFX is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: AGFX is good value based on its PE Ratio (18.6x) compared to the UK Capital Markets industry average (20.5x).

PE vs Market: AGFX is good value based on its PE Ratio (18.6x) compared to the UK market (26x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate AGFX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AGFX is overvalued based on its PB Ratio (5.5x) compared to the GB Capital Markets industry average (1.9x).


Future Growth

How is Argentex Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

29.0%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if AGFX's forecast earnings growth is above the savings rate (0.9%).

Earnings vs Market: Insufficient data to determine if AGFX's earnings are forecast to grow faster than the UK market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: AGFX's revenue (29% per year) is forecast to grow faster than the UK market (5.2% per year).

High Growth Revenue: AGFX's revenue (29% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AGFX's Return on Equity is forecast to be very high in 3 years time (41.4%).


Past Performance

How has Argentex Group performed over the past 5 years?

12.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AGFX has a large one-off gain of £2.2M impacting its September 30 2020 financial results.

Growing Profit Margin: AGFX's current net profit margins (28.2%) are higher than last year (20.1%).


Past Earnings Growth Analysis

Earnings Trend: AGFX's earnings have grown by 12.6% per year over the past 5 years.

Accelerating Growth: AGFX's earnings growth over the past year (47.9%) exceeds its 5-year average (12.6% per year).

Earnings vs Industry: AGFX earnings growth over the past year (47.9%) exceeded the Capital Markets industry 3.9%.


Return on Equity

High ROE: AGFX's Return on Equity (29.8%) is considered high.


Financial Health

How is Argentex Group's financial position?


Financial Position Analysis

Short Term Liabilities: AGFX's short term assets (£53.4M) exceed its short term liabilities (£34.6M).

Long Term Liabilities: AGFX's short term assets (£53.4M) exceed its long term liabilities (£6.8M).


Debt to Equity History and Analysis

Debt Level: AGFX's debt to equity ratio (18.4%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if AGFX's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: AGFX's debt is well covered by operating cash flow (264.7%).

Interest Coverage: AGFX's interest payments on its debt are well covered by EBIT (105.1x coverage).


Balance Sheet


Dividend

What is Argentex Group current dividend yield, its reliability and sustainability?

1.60%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: AGFX's dividend (1.6%) is higher than the bottom 25% of dividend payers in the UK market (1.37%).

High Dividend: AGFX's dividend (1.6%) is low compared to the top 25% of dividend payers in the UK market (4.08%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether AGFX's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if AGFX's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (29.8%), AGFX's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: AGFX's dividends in 3 years are forecast to be well covered by earnings (30% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.3yrs

Average management tenure


CEO

Harry Adams (39 yo)

0.33

Tenure

UK£1,026,951

Compensation

Mr. Harry Alexander Adams serves as Chief Executive Officer at Argentex Group Plc since January 20, 2021. Mr. Adams served as Co-Chief Executive Officer and is Co-Founder of Argentex Group Plc and has been...


CEO Compensation Analysis

Compensation vs Market: Harry's total compensation ($USD1.45M) is above average for companies of similar size in the UK market ($USD560.56K).

Compensation vs Earnings: Harry's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: AGFX's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: AGFX's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Argentex Group Plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Argentex Group Plc
  • Ticker: AGFX
  • Exchange: AIM
  • Founded: 2011
  • Industry: Investment Banking and Brokerage
  • Sector: Diversified Financials
  • Market Cap: UK£141.509m
  • Shares outstanding: 113.21m
  • Website: https://www.argentex.com

Number of Employees


Location

  • Argentex Group Plc
  • 25 Argyll Street
  • London
  • Greater London
  • W1F 7TU
  • United Kingdom

Listings


Biography

Argentex Group PLC provides foreign exchange services for businesses worldwide. Its product offering includes spot, forward, and options FX capabilities provided primarily through voice broking channels. T...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/12 19:38
End of Day Share Price2021/05/12 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.