ARB Stock Overview
Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business worldwide.
Argo Blockchain Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£0.45|
|52 Week High||UK£1.75|
|52 Week Low||UK£0.42|
|1 Month Change||-31.82%|
|3 Month Change||-26.23%|
|1 Year Change||-69.39%|
|3 Year Change||703.57%|
|5 Year Change||n/a|
|Change since IPO||260.00%|
Recent News & Updates
Why We're Not Concerned Yet About Argo Blockchain plc's (LON:ARB) 27% Share Price Plunge
The Argo Blockchain plc ( LON:ARB ) share price has fared very poorly over the last month, falling by a substantial...
Is Now The Time To Put Argo Blockchain (LON:ARB) On Your Watchlist?
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
|ARB||GB Software||GB Market|
Return vs Industry: ARB underperformed the UK Software industry which returned -17.7% over the past year.
Return vs Market: ARB underperformed the UK Market which returned -3% over the past year.
|ARB Average Weekly Movement||13.2%|
|Software Industry Average Movement||6.2%|
|Market Average Movement||6.0%|
|10% most volatile stocks in GB Market||11.6%|
|10% least volatile stocks in GB Market||3.1%|
Stable Share Price: ARB is more volatile than 90% of UK stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: ARB's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of UK stocks.
About the Company
Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business worldwide. It engages in mining purpose-built computers for cryptographic algorithms. The company was formerly known as GoSun Blockchain Limited and changed its name to Argo Blockchain plc in December 2017.
Argo Blockchain Fundamentals Summary
|ARB fundamental statistics|
Is ARB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ARB income statement (TTM)|
|Cost of Revenue||UK£13.55m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.028|
|Net Profit Margin||17.32%|
How did ARB perform over the long term?See historical performance and comparison
Is Argo Blockchain undervalued compared to its fair value and its price relative to the market?
Valuation Score 5/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ARB (£0.45) is trading below our estimate of fair value (£3.91)
Significantly Below Fair Value: ARB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ARB is good value based on its Price-To-Earnings Ratio (16.1x) compared to the UK Software industry average (41.7x).
PE vs Market: ARB is poor value based on its Price-To-Earnings Ratio (16.1x) compared to the UK market (15.3x).
Price to Earnings Growth Ratio
PEG Ratio: ARB is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: ARB is good value based on its Price-To-Book Ratio (1.1x) compared to the GB Software industry average (2.7x).
How is Argo Blockchain forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Future Growth Score5/6
Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ARB's forecast earnings growth (52.6% per year) is above the savings rate (0.9%).
Earnings vs Market: ARB's earnings (52.6% per year) are forecast to grow faster than the UK market (11.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ARB's revenue (51.4% per year) is forecast to grow faster than the UK market (4.1% per year).
High Growth Revenue: ARB's revenue (51.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ARB's Return on Equity is forecast to be high in 3 years time
How has Argo Blockchain performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ARB has high quality earnings.
Growing Profit Margin: ARB's current net profit margins (17.3%) are lower than last year (75.8%).
Past Earnings Growth Analysis
Earnings Trend: ARB's earnings have grown significantly by 103.6% per year over the past 5 years.
Accelerating Growth: ARB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ARB had negative earnings growth (-36.1%) over the past year, making it difficult to compare to the Software industry average (-13.7%).
Return on Equity
High ROE: ARB's Return on Equity (6.6%) is considered low.
How is Argo Blockchain's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: ARB's short term assets (£173.8M) exceed its short term liabilities (£72.7M).
Long Term Liabilities: ARB's short term assets (£173.8M) exceed its long term liabilities (£45.5M).
Debt to Equity History and Analysis
Debt Level: ARB's net debt to equity ratio (40.4%) is considered high.
Reducing Debt: Insufficient data to determine if ARB's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ARB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ARB's interest payments on its debt are well covered by EBIT (5.5x coverage).
What is Argo Blockchain current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ARB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ARB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ARB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ARB's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as ARB has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Peter Wall (45 yo)
Mr. Peter G. Wall serves as Member of Blockchain Advisory Board at Nft Investments Plc since August 2021. He serves as Chief Executive Officer and Director at Argo Blockchain plc since January 01, 2020 and...
CEO Compensation Analysis
Compensation vs Market: Peter's total compensation ($USD5.09M) is above average for companies of similar size in the UK market ($USD679.19K).
Compensation vs Earnings: Peter's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: ARB's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.
Experienced Board: ARB's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 22.6%.
Argo Blockchain plc's employee growth, exchange listings and data sources
- Name: Argo Blockchain plc
- Ticker: ARB
- Exchange: LSE
- Founded: 2017
- Industry: Application Software
- Sector: Software
- Implied Market Cap: UK£212.977m
- Shares outstanding: 468.08m
- Website: https://www.argoblockchain.com
Number of Employees
- Argo Blockchain plc
- 16 Great Queen Street
- 9th Floor
- Greater London
- WC2B 5DG
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/25 00:00|
|End of Day Share Price||2022/05/25 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.