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ART logo

Argent Industrial JSE:ART Stock Report

Last Price

R27.47

Market Cap

R1.5b

7D

0.2%

1Y

86.2%

Updated

22 Dec, 2024

Data

Company Financials

ART Stock Overview

Manufactures and trades in steel and steel-related products in South Africa, Asia, the Middle East, Australia, New Zealand, North America, South America, rest of Africa, rest of Europe, the United Kingdom, and internationally. More details

ART fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends4/6

My Notes

Capture your thoughts, links and company narrative

Argent Industrial Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Argent Industrial
Historical stock prices
Current Share PriceR27.47
52 Week HighR29.13
52 Week LowR14.71
Beta0.63
1 Month Change1.55%
3 Month Change4.21%
1 Year Change86.24%
3 Year Change101.25%
5 Year Change378.57%
Change since IPO180.20%

Recent News & Updates

Shareholders Will Probably Hold Off On Increasing Argent Industrial Limited's (JSE:ART) CEO Compensation For The Time Being

Aug 15
Shareholders Will Probably Hold Off On Increasing Argent Industrial Limited's (JSE:ART) CEO Compensation For The Time Being

Argent Industrial's (JSE:ART) Dividend Will Be Increased To ZAR0.60

Jul 05
Argent Industrial's (JSE:ART) Dividend Will Be Increased To ZAR0.60

Recent updates

Shareholders Will Probably Hold Off On Increasing Argent Industrial Limited's (JSE:ART) CEO Compensation For The Time Being

Aug 15
Shareholders Will Probably Hold Off On Increasing Argent Industrial Limited's (JSE:ART) CEO Compensation For The Time Being

Argent Industrial's (JSE:ART) Dividend Will Be Increased To ZAR0.60

Jul 05
Argent Industrial's (JSE:ART) Dividend Will Be Increased To ZAR0.60

Argent Industrial (JSE:ART) Is Looking To Continue Growing Its Returns On Capital

Nov 19
Argent Industrial (JSE:ART) Is Looking To Continue Growing Its Returns On Capital

Does Argent Industrial (JSE:ART) Have A Healthy Balance Sheet?

Aug 18
Does Argent Industrial (JSE:ART) Have A Healthy Balance Sheet?

Sentiment Still Eluding Argent Industrial Limited (JSE:ART)

Dec 16
Sentiment Still Eluding Argent Industrial Limited (JSE:ART)

Argent Industrial (JSE:ART) Is Doing The Right Things To Multiply Its Share Price

Oct 26
Argent Industrial (JSE:ART) Is Doing The Right Things To Multiply Its Share Price

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Argent Industrial Limited's (JSE:ART) CEO For Now

Aug 14
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Argent Industrial Limited's (JSE:ART) CEO For Now

Argent Industrial's (JSE:ART) Robust Earnings Are Supported By Other Strong Factors

Jul 06
Argent Industrial's (JSE:ART) Robust Earnings Are Supported By Other Strong Factors

Shareholder Returns

ARTZA BuildingZA Market
7D0.2%0.9%-2.7%
1Y86.2%24.3%11.4%

Return vs Industry: ART exceeded the ZA Building industry which returned 24.3% over the past year.

Return vs Market: ART exceeded the ZA Market which returned 11.4% over the past year.

Price Volatility

Is ART's price volatile compared to industry and market?
ART volatility
ART Average Weekly Movement3.5%
Building Industry Average Movement3.8%
Market Average Movement4.2%
10% most volatile stocks in ZA Market9.0%
10% least volatile stocks in ZA Market2.5%

Stable Share Price: ART has not had significant price volatility in the past 3 months compared to the ZA market.

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

About the Company

FoundedEmployeesCEOWebsite
1993n/aTreve Hendrywww.argent.co.za

Argent Industrial Limited manufactures and trades in steel and steel-related products in South Africa, Asia, the Middle East, Australia, New Zealand, North America, South America, rest of Africa, rest of Europe, the United Kingdom, and internationally. The company manufactures security gates, burglar bars, roller shutter, sectional doors, and expanding barriers; custom-made adjustable louvre shutter; aircraft refueling vehicles and systems; braai stands and fireplaces; overhead cranes, hoists and lifting equipment; fuel storage tanks; speed control retarder systems; underground scrapers and wear parts, grizzly frames and segments, and other allied mining equipment; steel furniture; metal gates, metal fencing and railings, timber gates and metal decking fence panels; handcrafted wooden gates and garden products; materials handling equipment; roll-over protection bars; and burglar guards, gates, balustrades, steel palisade fencing, clear view fencing, mezzanine floors, and light structural steel work. It is involved in manufacturing ladders, fibreglass ladders, trolleys, as well as distributes castors and accessories; supplying of commercial grades of stainless steel and aluminum in sheet, plate, coil, flats, angles, tubes, and pipe; supplying of ready-mix concrete and mortars, pumping of concrete, and crushed stone products; manufacturing and trading of industrial doors; supplying raw materials use for construction; operating of steel service center; and property business.

Argent Industrial Limited Fundamentals Summary

How do Argent Industrial's earnings and revenue compare to its market cap?
ART fundamental statistics
Market capR1.50b
Earnings (TTM)R246.47m
Revenue (TTM)R2.50b

6.1x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ART income statement (TTM)
RevenueR2.50b
Cost of RevenueR1.78b
Gross ProfitR723.65m
Other ExpensesR477.18m
EarningsR246.47m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)4.53
Gross Margin28.93%
Net Profit Margin9.85%
Debt/Equity Ratio2.6%

How did ART perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

27%

Payout Ratio

Does ART pay a reliable dividends?

See ART dividend history and benchmarks
When do you need to buy ART by to receive an upcoming dividend?
Argent Industrial dividend dates
Ex Dividend DateJan 22 2025
Dividend Pay DateJan 27 2025
Days until Ex dividend31 days
Days until Dividend pay date36 days

Does ART pay a reliable dividends?

See ART dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 00:35
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Argent Industrial Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Giuseppe JermanInvestec Bank Limited (SA)
null nullMerchantec (Proprietary) Limited