Argent Industrial Limited
JSE:ART Stock Report
Argent Industrial Past Earnings Performance Argent Industrial has been growing earnings at an average annual rate of 24.9%, while the Building industry saw earnings growing at 21.3% annually. Revenues have been growing at an average rate of 10.3% per year. Argent Industrial's return on equity is 14.7%, and it has net margins of 9.6%.
Key information
24.9%
Earnings growth rate
Building Industry Growth 15.1% Revenue growth rate 10.3% Return on equity 14.7% Net Margin 9.6% Last Earnings Update 31 Mar 2024
Recent past performance updates
Full year 2024 earnings released: EPS: R4.42 (vs R4.13 in FY 2023) Jun 30
First half 2024 earnings released: EPS: R2.24 (vs R1.83 in 1H 2023) Nov 23
Argent Industrial Limited to Report Q2, 2023 Results on Nov 15, 2022 Nov 02
Full year 2022 earnings released: EPS: R3.30 (vs R2.17 in FY 2021) Jul 03
First half 2022 earnings: Revenues and EPS in line with analyst expectations Nov 22
Argent Industrial's (JSE:ART) Robust Earnings Are Supported By Other Strong Factors Jul 06
Show all updates
Shareholders Will Probably Hold Off On Increasing Argent Industrial Limited's (JSE:ART) CEO Compensation For The Time Being Aug 15
Executive Director recently sold R1.1m worth of stock Jul 05
Argent Industrial's (JSE:ART) Dividend Will Be Increased To ZAR0.60 Jul 05
Full year 2024 earnings released: EPS: R4.42 (vs R4.13 in FY 2023) Jun 30
Argent Industrial Limited, Annual General Meeting, Aug 22, 2024 Jun 28
New minor risk - Financial data availability Jun 09
Executive Director recently sold R259k worth of stock Mar 29
Executive Director recently sold R1.5m worth of stock Feb 06
CEO & Executive Director recently sold R432k worth of stock Jan 11
CEO & Executive Director recently sold R1.4m worth of stock Jan 02
CEO & Executive Director recently sold R441k worth of stock Dec 22
Upcoming dividend of R0.55 per share at 7.3% yield Dec 05
First half 2024 earnings released: EPS: R2.24 (vs R1.83 in 1H 2023) Nov 23
Argent Industrial Limited Declares and Approves an Interim Gross Dividend for the Six-Month Period Ended 30 September 2023 from Income Reserves, Payable on 18 December 2023 Nov 22
Argent Industrial Limited Provides Earnings Guidance for the Six Month Period Ended 30 September 2023 Nov 08
CEO & Executive Director recently sold R263k worth of stock Aug 22
Executive Director recently sold R405k worth of stock Aug 14
CEO & Executive Director exercised options to buy R2.2m worth of stock. Aug 07
Argent Industrial Limited Announces Financial Director Changes Aug 04
CEO & Executive Director recently sold R52k worth of stock Jul 28
CEO & Executive Director recently bought R223k worth of stock Jul 18
Upcoming dividend of R0.50 per share at 6.2% yield Jul 12 Argent Industrial Limited, Annual General Meeting, Aug 18, 2023
Argent Industrial Limited Provides Earnings Guidance for the Year Ended 31 March 2023 Jun 08
Executive Director recently sold R374k worth of stock Mar 01
Non Executive Chairman recently bought R750k worth of stock Feb 19
CEO & Executive Director recently sold R190k worth of stock Jan 12
Upcoming dividend of R0.45 per share Jan 11
Executive Director recently sold R121k worth of stock Dec 26
Executive Director exercised options to buy R2.1m worth of stock. Dec 07
Independent Non-Executive Director recently sold R74k worth of stock Dec 07
Investor sentiment improved over the past week Nov 21
Argent Industrial (JSE:ART) Is Looking To Continue Growing Its Returns On Capital Nov 19
Less than half of directors are independent Nov 16
Argent Industrial Limited to Report Q2, 2023 Results on Nov 15, 2022 Nov 02
Investor sentiment deteriorated over the past week Sep 29
Does Argent Industrial (JSE:ART) Have A Healthy Balance Sheet? Aug 18
Upcoming dividend of R0.42 per share Jul 20
Full year 2022 earnings released: EPS: R3.30 (vs R2.17 in FY 2021) Jul 03
Argent Industrial Limited Approves Final Gross Dividend for the Year Ended 31 March 2022, Payable on 1 August 2022 Jul 01
Argent Industrial Limited, Annual General Meeting, Aug 19, 2022 Jun 30
Less than half of directors are independent Apr 27
CEO & Executive Director recently bought R459k worth of stock Mar 04
CEO & Executive Director recently sold R121k worth of stock Jan 13
CEO & Executive Director recently sold R129k worth of stock Jan 05
Sentiment Still Eluding Argent Industrial Limited (JSE:ART) Dec 16
CEO & Executive Director exercised options to buy R6.5m worth of stock. Nov 30
CEO & Executive Director recently sold R2.7m worth of stock Nov 30
CEO & Executive Director recently sold R477k worth of stock Nov 25
First half 2022 earnings: Revenues and EPS in line with analyst expectations Nov 22
Investor sentiment improved over the past week Oct 28
Argent Industrial (JSE:ART) Is Doing The Right Things To Multiply Its Share Price Oct 26
Argent Industrial Limited Provides Financial Guidance for the Six Months Ending September 30, 2021 Sep 21
Executive Director recently sold R225k worth of stock Sep 19
Argent Industrial Limited (JSE:ART) acquired American Shutters Proprietary Limited from S.E. Palmer, D.J. Snyman and K.M. Palmer for ZAR 56.9 million. Sep 04
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Argent Industrial Limited's (JSE:ART) CEO For Now Aug 14
CEO & Executive Director recently sold R1.0m worth of stock Jul 15
Argent Industrial's (JSE:ART) Robust Earnings Are Supported By Other Strong Factors Jul 06
Full year 2021 earnings released: EPS R2.17 (vs R1.31 in FY 2020) Jul 03
Investor sentiment improved over the past week May 12
New 90-day high: R9.00 Mar 01
Non Executive Chairman recently bought R233k worth of stock Feb 18
Investor sentiment improved over the past week Jan 15
New 90-day high: R7.15 Jan 04
New 90-day high: R6.85 Dec 08
Financial Director & Executive Director exercised options to buy R4.1m worth of stock. Dec 03
CEO & Executive Director recently sold R390k worth of stock Nov 27
New 90-day high: R5.95 Nov 17
Non Executive Chairman recently bought R431k worth of stock Nov 10
New 90-day low: R5.01 Oct 22
Argent Industrial Ltd. completed the acquisition of Toolroom Services (Pty) Ltd. for ZAR 54.989 million. Sep 25
Non Executive Chairman recently bought R367k worth of stock Sep 10
Earnings released Aug 07
Revenue & Expenses Breakdown
How Argent Industrial makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History JSE:ART Revenue, expenses and earnings (ZAR Millions) Date Revenue Earnings G+A Expenses R&D Expenses 31 Mar 24 2,544 245 -2 0 31 Dec 23 2,554 249 0 0 30 Sep 23 2,563 253 2 0 30 Jun 23 2,511 242 2 0 31 Mar 23 2,459 231 2 0 31 Dec 22 2,518 220 1 0 30 Sep 22 2,576 210 0 0 30 Jun 22 2,504 200 0 0 31 Mar 22 2,433 190 0 0 31 Dec 21 2,292 179 -75 0 30 Sep 21 2,152 167 -150 0 30 Jun 21 2,059 149 -75 0 31 Mar 21 1,966 130 0 0 31 Dec 20 1,848 117 160 0 30 Sep 20 1,730 104 319 0 30 Jun 20 1,729 100 329 0 31 Mar 20 1,728 96 338 0 31 Dec 19 1,731 88 333 0 30 Sep 19 1,734 80 328 0 30 Jun 19 1,728 82 315 0 31 Mar 19 1,722 84 302 0 31 Dec 18 1,734 103 513 0 30 Sep 18 1,746 122 724 0 30 Jun 18 1,787 -31 652 0 31 Mar 18 1,828 -184 581 0 31 Dec 17 1,839 -212 389 0 30 Sep 17 1,850 -241 196 0 30 Jun 17 1,849 -89 196 0 31 Mar 17 1,849 62 196 0 31 Dec 16 1,824 63 188 0 30 Sep 16 1,799 65 179 0 30 Jun 16 1,753 60 179 0 31 Mar 16 1,707 55 179 0 31 Dec 15 1,704 43 180 0 30 Sep 15 1,701 31 181 1 30 Jun 15 1,746 29 181 1 31 Mar 15 1,791 26 181 1 31 Dec 14 1,793 -79 307 15 30 Sep 14 1,794 -183 433 29 30 Jun 14 1,837 -188 433 29 31 Mar 14 1,880 -194 433 29 31 Dec 13 1,913 -73 426 28
Quality Earnings: ART has high quality earnings .
Growing Profit Margin: ART's current net profit margins (9.6%) are higher than last year (9.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ART's earnings have grown significantly by 24.9% per year over the past 5 years.
Accelerating Growth: ART's earnings growth over the past year (6.2%) is below its 5-year average (24.9% per year).
Earnings vs Industry: ART earnings growth over the past year (6.2%) exceeded the Building industry -1.4%.
Return on Equity
High ROE: ART's Return on Equity (14.7%) is considered low .
Return on Capital Employed
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