company background image
ART

Argent Industrial JSE:ART Stock Report

Last Price

R15.24

Market Cap

R844.6m

7D

1.9%

1Y

3.3%

Updated

27 Nov, 2023

Data

Company Financials

ART Stock Overview

Argent Industrial Limited manufactures and trades in steel and steel-related products in South Africa and internationally.

ART fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends4/6

Argent Industrial Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Argent Industrial
Historical stock prices
Current Share PriceR15.24
52 Week HighR16.55
52 Week LowR13.80
Beta0.53
1 Month Change5.83%
3 Month Change-1.99%
1 Year Change3.25%
3 Year Change140.00%
5 Year Change220.84%
Change since IPO55.45%

Recent News & Updates

Recent updates

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
7D1.9%-0.2%2.1%
1Y3.3%165.5%-4.7%

Return vs Industry: ART underperformed the ZA Building industry which returned 165.5% over the past year.

Return vs Market: ART exceeded the ZA Market which returned -4.7% over the past year.

Price Volatility

Is ART's price volatile compared to industry and market?
ART volatility
ART Average Weekly Movement2.3%
Building Industry Average Movement6.8%
Market Average Movement5.0%
10% most volatile stocks in ZA Market10.2%
10% least volatile stocks in ZA Market2.9%

Stable Share Price: ART is less volatile than 75% of ZA stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: ART's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aTreve Hendryhttps://www.argent.co.za

Argent Industrial Limited manufactures and trades in steel and steel-related products in South Africa and internationally. The company trades in sections, sheets, coils, plates, and special steel products; offers slitting, blanking, cutting-to-length, and tube and lipped channel services, as well as flame, plasma, and laser cutting, guillotining, and bending services; and supplies aluminium products. It also manufactures ladders, trolleys, castors, wheels, scaffolding, conveyors, canteen units and folding tables, bookcases, steel wardrobes, storage bins, steel cabinets and cupboards, office desks, tables, furniture, racks, shelves, lockers, and steel beds; underground scrapers and wear parts, grizzly frames and segments, and other mining equipment; speed control retarder systems; cranes, hoists, and lifting equipment; braai stands and fireplaces; aircraft refueling vehicles and systems; and louvre shutters and window blinds, as well as designs and builds fuel storage tanks.

Argent Industrial Limited Fundamentals Summary

How do Argent Industrial's earnings and revenue compare to its market cap?
ART fundamental statistics
Market CapR844.61m
Earnings (TTM)R253.35m
Revenue (TTM)R2.56b

3.3x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ART income statement (TTM)
RevenueR2.56b
Cost of RevenueR1.86b
Gross ProfitR702.73m
Other ExpensesR449.38m
EarningsR253.35m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)4.57
Gross Margin27.41%
Net Profit Margin9.88%
Debt/Equity Ratio7.3%

How did ART perform over the long term?

See historical performance and comparison

Dividends

7.2%

Current Dividend Yield

23%

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 DateDec 12 2023
Dividend Pay DateDec 18 2023
Days until Ex dividend14 days
Days until Dividend pay date20 days

Does ART pay a reliable dividends?

See ART dividend history and benchmarks