Argan, Inc., through its subsidiaries, provides engineering, procurement, construction, commissioning, operations management, maintenance, project development, technical, and consulting services to the power generation and renewable energy markets. More Details
Flawless balance sheet with high growth potential.
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: AGX is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: AGX's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: AGX underperformed the US Construction industry which returned 87.9% over the past year.
Return vs Market: AGX underperformed the US Market which returned 39.1% over the past year.
Long-Term 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 week ago | Simply Wall StShould Income Investors Look At Argan, Inc. (NYSE:AGX) Before Its Ex-Dividend?
1 month ago | Simply Wall StThe CEO Of Argan, Inc. (NYSE:AGX) Might See A Pay Rise On The Horizon
1 month ago | Simply Wall StArgan (NYSE:AGX) Is Reinvesting At Lower Rates Of Return
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: AGX ($43.95) is trading above our estimate of fair value ($37.97)
Significantly Below Fair Value: AGX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AGX is good value based on its PE Ratio (19.5x) compared to the US Construction industry average (23.4x).
PE vs Market: AGX is poor value based on its PE Ratio (19.5x) compared to the US market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: AGX is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: AGX is good value based on its PB Ratio (2.1x) compared to the US Construction industry average (2.4x).
How is Argan forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AGX's forecast earnings growth (42% per year) is above the savings rate (2%).
Earnings vs Market: AGX's earnings (42% per year) are forecast to grow faster than the US market (15% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: AGX's revenue (33.4% per year) is forecast to grow faster than the US market (9.3% per year).
High Growth Revenue: AGX's revenue (33.4% 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 AGX's Return on Equity is forecast to be high in 3 years time
How has Argan performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AGX has high quality earnings.
Growing Profit Margin: AGX became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: AGX's earnings have declined by 37.1% per year over the past 5 years.
Accelerating Growth: AGX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: AGX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Construction industry (26.7%).
Return on Equity
High ROE: AGX's Return on Equity (10.7%) is considered low.
How is Argan's financial position?
Financial Position Analysis
Short Term Liabilities: AGX's short term assets ($559.0M) exceed its short term liabilities ($283.1M).
Long Term Liabilities: AGX's short term assets ($559.0M) exceed its long term liabilities ($4.1M).
Debt to Equity History and Analysis
Debt Level: AGX is debt free.
Reducing Debt: AGX had no debt 5 years ago.
Debt Coverage: AGX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AGX has no debt, therefore coverage of interest payments is not a concern.
What is Argan current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AGX's dividend (2.28%) is higher than the bottom 25% of dividend payers in the US market (1.32%).
High Dividend: AGX's dividend (2.28%) is low compared to the top 25% of dividend payers in the US market (3.56%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, AGX has been paying a dividend for less than 10 years.
Growing Dividend: AGX's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (44.3%), AGX's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Rainer Bosselmann (78 yo)
Mr. Rainer H. Bosselmann has been the Chief Executive Officer and President of Argan, Inc. since October 2003 and has been its Chairman since May 2003. He served as Vice Chairman of the Board of Argan Inc....
CEO Compensation Analysis
Compensation vs Market: Rainer's total compensation ($USD1.03M) is below average for companies of similar size in the US market ($USD2.44M).
Compensation vs Earnings: Rainer's compensation has been consistent with company performance over the past year.
Experienced Board: AGX's board of directors are seasoned and experienced ( 10.8 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Argan, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Argan, Inc.
- Ticker: AGX
- Exchange: NYSE
- Founded: 1961
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: US$693.067m
- Shares outstanding: 15.77m
- Website: https://www.arganinc.com
Number of Employees
- Argan, Inc.
- One Church Street
- Suite 201
- United States
Argan, Inc., through its subsidiaries, provides engineering, procurement, construction, commissioning, operations management, maintenance, project development, technical, and consulting services to the pow...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/27 00:48|
|End of Day Share Price||2021/07/26 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.