company background image
ART

Argent Industrial JSE:ART Stock Report

Last Price

R15.00

Market Cap

R828.9m

7D

1.9%

1Y

9.6%

Updated

06 Dec, 2022

Data

Company Financials +
ART fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance4/6
Financial Health6/6
Dividends4/6

ART Stock Overview

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

Argent Industrial Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Argent Industrial
Historical stock prices
Current Share PriceR15.00
52 Week HighR15.50
52 Week LowR11.01
Beta0.54
1 Month Change15.47%
3 Month Change1.70%
1 Year Change9.65%
3 Year Change161.32%
5 Year Change282.65%
Change since IPO53.00%

Recent News & 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?

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%1.5%0.02%
1Y9.6%13.9%-0.4%

Return vs Industry: ART underperformed the ZA Building industry which returned 12.1% over the past year.

Return vs Market: ART exceeded the ZA Market which returned 0.4% over the past year.

Price Volatility

Is ART's price volatile compared to industry and market?
ART volatility
ART Average Weekly Movement5.4%
Building Industry Average Movement7.0%
Market Average Movement5.5%
10% most volatile stocks in ZA Market10.2%
10% least volatile stocks in ZA Market3.2%

Stable Share Price: ART is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ART's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1972n/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 aluminum 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; pizza ovens, 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 CapR828.91m
Earnings (TTM)R190.21m
Revenue (TTM)R2.43b

4.4x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ART income statement (TTM)
RevenueR2.43b
Cost of RevenueR1.82b
Gross ProfitR612.34m
Other ExpensesR422.13m
EarningsR190.21m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)3.44
Gross Margin25.17%
Net Profit Margin7.82%
Debt/Equity Ratio10.4%

How did ART perform over the long term?

See historical performance and comparison

Dividends

6.0%

Current Dividend Yield

13%

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 18 2023
Dividend Pay DateJan 23 2023
Days until Ex dividend41 days
Days until Dividend pay date46 days

Does ART pay a reliable dividends?

See ART dividend history and benchmarks