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Argos Resources

AIM:ARG
Snowflake Description

Flawless balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ARG
AIM
£7M
Market Cap
  1. Home
  2. GB
  3. Energy
Company description

Argos Resources Ltd, together with its subsidiary, explores for oil and gas in the Falkland Islands. The last earnings update was 50 days ago. More info.


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ARG Share Price and Events
7 Day Returns
6.6%
AIM:ARG
0.4%
GB Oil and Gas
0.6%
GB Market
1 Year Returns
-26.5%
AIM:ARG
17.2%
GB Oil and Gas
1.1%
GB Market
ARG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Argos Resources (ARG) 6.6% 10.9% 7% -26.5% -26.1% -67%
GB Oil and Gas 0.4% 4.4% 7% 17.2% 50.4% -2.9%
GB Market 0.6% 2.6% 6.9% 1.1% 15.6% 6.2%
1 Year Return vs Industry and Market
  • ARG underperformed the Oil and Gas industry which returned 17.2% over the past year.
  • ARG underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 1.1% over the past year.
Price Volatility
ARG
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Argos Resources's competitors could be found in our database.

ARG Value

 Is Argos Resources 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 Argos Resources. This is due to cash flow or dividend data being unavailable. The share price is £0.0305.
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 Argos Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Argos Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:ARG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $0.00
AIM:ARG Share Price ** AIM (2019-04-18) in GBP £0.03
AIM:ARG Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.3 $0.04
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry PE Ratio Median Figure of 32 Publicly-Listed Oil and Gas Companies 9.96x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 797 Publicly-Listed Companies 16.29x

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

** Primary Listing of Argos Resources.

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

= AIM:ARG Share Price ÷ EPS (both in USD)

= 0.04 ÷ 0.00

21.56x

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

  • Argos Resources is overvalued based on earnings compared to the GB Oil and Gas industry average.
  • Argos Resources is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Argos Resources's expected growth come at a high price?
Raw Data
AIM:ARG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 21.56x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
39.2%per year
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry PEG Ratio Median Figure of 19 Publicly-Listed Oil and Gas Companies 0.47x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 564 Publicly-Listed Companies 1.48x

*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 Argos Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Argos Resources's assets?
Raw Data
AIM:ARG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $0.14
AIM:ARG Share Price * AIM (2019-04-18) in GBP £0.03
AIM:ARG Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.3 $0.04
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry PB Ratio Median Figure of 102 Publicly-Listed Oil and Gas Companies 0.85x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,367 Publicly-Listed Companies 1.51x
AIM:ARG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:ARG Share Price ÷ Book Value per Share (both in USD)

= 0.04 ÷ 0.14

0.29x

* Primary Listing of Argos Resources.

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

  • Argos Resources is good value based on assets compared to the GB Oil and Gas industry average.
X
Value checks
We assess Argos Resources'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 Oil and Gas 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 Oil and Gas industry average (and greater than 0)? (1 check)
  5. Argos Resources has a total score of 1/6, 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 Argos Resources expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Argos Resources, 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
39.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Argos Resources expected to grow at an attractive rate?
  • Argos Resources's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Argos Resources's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • Unable to compare Argos Resources's revenue growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
AIM:ARG Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:ARG Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 39.2%
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 14.2%
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 3%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 11%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*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
AIM:ARG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:ARG Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 0
2018-09-30 0 0
2018-06-30 0 0
2018-03-31 0 0
2017-12-31 0 0
2017-09-30 0 0
2017-06-30 0 0
2017-03-31 0 0
2016-12-31 0 0
2016-09-30 0 0
2016-06-30 0 0
2016-03-31 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Argos Resources's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Argos Resources 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
AIM:ARG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Argos Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:ARG Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 0.00
2016-03-31 0.00

*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 Argos Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Argos Resources'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 United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland 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.
Argos Resources has a total score of 3/6, 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 Argos Resources 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 Argos Resources's growth in the last year to its industry (Oil and Gas).
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.
  • Argos Resources has delivered over 20% year on year earnings growth in the past 5 years.
  • Argos Resources's 1-year earnings growth exceeds its 5-year average (244.1% vs 63.9%)
  • Argos Resources's earnings growth has exceeded the GB Oil and Gas industry average in the past year (244.1% vs 179.6%).
Earnings and Revenue History
Argos Resources'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 Argos Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:ARG Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.41 0.33
2018-09-30 0.24 0.34
2018-06-30 0.07 0.34
2018-03-31 0.10 0.34
2017-12-31 0.12 0.33
2017-09-30 0.09 0.32
2017-06-30 0.07 0.30
2017-03-31 0.03 0.36
2016-12-31 -0.02 0.42
2016-09-30 -0.21 0.52
2016-06-30 -0.40 0.62
2016-03-31 -0.78 0.86
2015-12-31 -1.15 1.10
2015-09-30 -1.28 1.16
2015-06-30 -1.40 1.23
2015-03-31 -1.35 1.21
2014-12-31 -1.30 1.20
2014-09-30 -1.31 1.42
2014-06-30 -1.33 1.63
2014-03-31 -1.59 1.73
2013-12-31 -1.84 1.83
2013-09-30 -1.90 1.81
2013-06-30 -1.95 1.80
2013-03-31 -1.77 1.77
2012-12-31 -1.58 1.73
2012-09-30 -1.48 1.66
2012-06-30 -1.38 1.58

*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.
  • Argos Resources has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Argos Resources used its assets less efficiently than the GB Oil and Gas industry average last year based on Return on Assets.
  • It is difficult to establish if Argos Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Argos Resources'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 Oil and Gas 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.
Argos Resources has a total score of 3/6, 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 Argos Resources'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 Argos Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Argos Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Argos Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Argos Resources'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.
  • Low level of unsold assets.
  • Argos Resources has no debt, it does not need to be covered by short term assets.
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 Argos Resources Company Filings, last reported 3 months ago.

AIM:ARG Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 29.87 0.00 0.79
2018-09-30 29.87 0.00 0.79
2018-06-30 29.50 0.00 0.88
2018-03-31 29.50 0.00 0.88
2017-12-31 29.46 0.00 0.76
2017-09-30 29.46 0.00 0.76
2017-06-30 29.40 0.00 0.68
2017-03-31 29.40 0.00 0.68
2016-12-31 29.32 0.00 0.70
2016-09-30 29.32 0.00 0.70
2016-06-30 29.33 0.00 0.53
2016-03-31 29.33 0.00 0.53
2015-12-31 29.33 0.00 0.45
2015-09-30 29.33 0.00 0.45
2015-06-30 29.71 0.00 0.79
2015-03-31 29.71 0.00 0.79
2014-12-31 30.46 0.00 1.36
2014-09-30 30.46 0.00 1.36
2014-06-30 31.06 0.00 2.10
2014-03-31 31.06 0.00 2.10
2013-12-31 31.71 0.00 2.89
2013-09-30 31.71 0.00 2.89
2013-06-30 32.39 0.00 4.26
2013-03-31 32.39 0.00 4.26
2012-12-31 33.55 0.00 5.69
2012-09-30 33.55 0.00 5.69
2012-06-30 34.34 0.00 6.89
  • Argos Resources has no debt.
  • Argos Resources has not taken on any debt in the past 5 years.
  • Argos Resources has no debt, it does not need to be covered by operating cash flow.
  • Argos Resources has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Argos Resources'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. Argos Resources has a total score of 6/6, 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 Argos Resources'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
0%
Current annual income from Argos Resources dividends.
If you bought £2,000 of Argos Resources shares you are expected to receive £0 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?
  • Unable to evaluate Argos Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Argos Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
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
AIM: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
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 4.7%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 705 Stocks 4.2%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.2%

Industry and Market average data is calculated daily.

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

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

  • Unable to perform a dividend volatility check as Argos Resources has not reported any payouts.
  • Unable to verify if Argos Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Argos Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Argos Resources has not reported any payouts.
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 Argos Resources'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 Argos Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Argos Resources has a total score of 0/6, 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 Argos Resources'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.
  • Argos Resources has no CEO, or we have no data on them.
Management Team

Drew McKenzie Irvine

TITLE
Finance Director & Executive Director
COMPENSATION
$21K
AGE
57

John Hogan

TITLE
MD & Executive Director
COMPENSATION
$50K
AGE
65

Ian Thomson

TITLE
Founder & Executive Chairman
AGE
79
TENURE
24.3 yrs

Richard Baker

TITLE
Head of Exploration and Senior Consultant
AGE
72

Kevin Kilmartin

TITLE
Company Secretary
Board of Directors Tenure

Average tenure and age of the Argos Resources board of directors in years:

14.3
Average Tenure
61.5
Average Age
  • The average tenure for the Argos Resources board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Drew McKenzie Irvine

TITLE
Finance Director & Executive Director
COMPENSATION
$21K
AGE
57
TENURE
14.3 yrs

John Hogan

TITLE
MD & Executive Director
COMPENSATION
$50K
AGE
65
TENURE
14.3 yrs

Ian Thomson

TITLE
Founder & Executive Chairman
AGE
79

Dennis Carlton

TITLE
Senior Non-Executive Director
COMPENSATION
$10K
AGE
67
TENURE
14.3 yrs

James Ragg

TITLE
Non-Executive Director
COMPENSATION
$10K
AGE
52
TENURE
11.3 yrs

Chris MacDonald Fleming

TITLE
Non-Executive Director
COMPENSATION
$10K
AGE
58
TENURE
11.3 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 Argos Resources'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. Argos Resources 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

Did Changing Sentiment Drive Argos Resources's (LON:ARG) Share Price Down A Painful 77%?

Imagine if you held Argos Resources Ltd (LON:ARG) for half a decade as the share price tanked 77%. … View our latest analysis for Argos Resources. … Argos Resources hasn't yet reported any revenue yet, so it's as much a business idea as a business.

Simply Wall St -

How Argos Resources Ltd (LON:ARG) Can Impact Your Portfolio Volatility

If you're interested in Argos Resources Ltd (LON:ARG), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

Why Argos Resources Ltd (LON:ARG) Delivered An Inferior ROE Compared To The Industry

and looking to gauge the potential return on investment in Argos Resources Ltd (LON:ARG). … Argos Resources Ltd’s (LON:ARG) most recent return on equity was a substandard 0.40% relative to its industry performance of 6.01% over the past year. … Knowing these components could change your view on ARG’s performance.

Simply Wall St -

Should You Be Concerned About Argos Resources Ltd's (LON:ARG) Shareholders?

Today, I will be analyzing Argos Resources Ltd’s (AIM:ARG) recent ownership structure, an important but not-so-popular subject among individual investors. … Private Company Ownership Another important group of owners for potential investors in ARG are private companies that hold a stake of 7.18% in ARG. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.Next Steps: While ARG has a low level of institutional ownership, active hedge funds still hold a significant stake in the company.

Simply Wall St -

Is Argos Resources Ltd (LON:ARG) A Sell At Its Current PE Ratio?

By comparing a stock’s price per share to its earnings per share, we are able to see how much investors are paying for each pound of the company’s earnings. … Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for ARG Price per share = $0.06 Earnings per share = $0.001 ∴ Price-Earnings Ratio = $0.06 ÷ $0.001 = 105.4x The P/E ratio isn’t a metric you view in isolation and only becomes useful when you compare it against other similar companies. … Since ARG's P/E of 105.4x is higher than its industry peers (19.9x), it means that investors are paying more than they should for each dollar of ARG's earnings.

Simply Wall St -

Should You Be Holding Argos Resources Ltd (LON:ARG) Right Now?

This means that the change in ARG's value, whether it goes up or down, will be of a smaller degree than the change in value of the entire stock market index. … 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. … How ARG's assets could affect its beta An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.

Simply Wall St -

How Did Argos Resources Limited's (LON:ARG) 0.23% ROE Fare Against The Industry?

Check out our latest analysis for Argos Resources Peeling the layers of ROE – trisecting a company’s profitability Firstly, Return on Equity, or ROE, is simply the percentage of last years’ earning against the book value of shareholders’ equity. … For now, let’s just look at the cost of equity number for Argos Resources, which is 8.30%. … 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 AIM:ARG Last Perf Mar 16th 18 Basically, profit margin measures how much of revenue trickles down into earnings which illustrates how efficient the business is with its cost management.

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What Does Argos Resources Limited's (LON:ARG) Ownership Structure Look Like?

With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors. … Private Company Ownership Potential investors in ARG should also look at another important group of investors: private companies, with a stake of 7.15%, who are primarily invested because of strategic and capital gain interests. … Thus, investors should dig deeper into ARG's business relations with these companies and how it can affect shareholder returns in the long-term.Next Steps: While institutional ownership in ARG is low, active hedge funds still have a significant stake in the company.

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Is Argos Resources Limited's (LON:ARG) PE Ratio A Signal To Sell For Investors?

By comparing a stock’s price per share to its earnings per share, we are able to see how much investors are paying for each pound of the company’s earnings. … Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for ARG Price per share = $0.05 Earnings per share = $0 ∴ Price-Earnings Ratio = $0.05 ÷ $0 = 167.9x The P/E ratio isn’t a metric you view in isolation and only becomes useful when you compare it against other similar companies. … ARG’s P/E of 167.9x is higher than its industry peers (24.1x), which implies that each dollar of ARG’s earnings is being overvalued by investors.

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Why Argos Resources Limited (LON:ARG) Delivered An Inferior ROE Compared To The Industry

Argos Resources Limited’s (AIM:ARG) most recent return on equity was a substandard 0.23% relative to its industry performance of 5.74% over the past year. … Check out our latest analysis for Argos Resources Breaking down Return on Equity Return on Equity (ROE) weighs Argos Resources’s profit against the level of its shareholders’ equity. … Argos Resources’s cost of equity is 8.30%.

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ARG Company Info

Description

Argos Resources Ltd, together with its subsidiary, explores for oil and gas in the Falkland Islands. The company holds a royalty interest in the production license PL001 covering an area of approximately 1,126 square kilometers located in the North Falkland Basin. Argos Resources Ltd was founded in 1995 and is based in Stanley, the Falkland Islands.

Details
Name: Argos Resources Ltd
ARG
Exchange: AIM
Founded: 1995
£6,731,752
220,713,205
Website: http://www.argosresources.com
Address: Argos Resources Ltd
Argos House,
H Jones Road,
Stanley,
FIQQ 1ZZ,
Falkland Islands
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM ARG Ordinary Shares London Stock Exchange AIM Market GB GBP 29. Jul 2010
OTCPK AORG.F Ordinary Shares Pink Sheets LLC US USD 29. Jul 2010
BST 00G Ordinary Shares Boerse-Stuttgart DE EUR 29. Jul 2010
Number of employees
Current staff
Staff numbers
6
Argos Resources employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/20 21:20
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2019/03/01
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.