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Argent Industrial JSE:ART Stock Report

Last Price

R22.30

Market Cap

R1.2b

7D

4.7%

1Y

38.2%

Updated

04 Jul, 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.

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 PriceR22.30
52 Week HighR22.99
52 Week LowR13.80
Beta0.59
11 Month Change9.31%
3 Month Change25.21%
1 Year Change38.17%
33 Year Change85.83%
5 Year Change284.48%
Change since IPO127.47%

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
7D4.7%0.3%2.3%
1Y38.2%9.8%7.3%

Return vs Industry: ART exceeded the ZA Building industry which returned 9.8% over the past year.

Return vs Market: ART exceeded the ZA Market which returned 7.3% over the past year.

Price Volatility

Is ART's price volatile compared to industry and market?
ART volatility
ART Average Weekly Movement3.6%
Building Industry Average Movement5.6%
Market Average Movement5.1%
10% most volatile stocks in ZA Market10.1%
10% least volatile stocks in ZA Market3.4%

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

Volatility Over Time: ART's weekly volatility (4%) 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 also 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 capR1.22b
Earnings (TTM)R244.92m
Revenue (TTM)R2.54b

5.0x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ART income statement (TTM)
RevenueR2.54b
Cost of RevenueR1.82b
Gross ProfitR720.88m
Other ExpensesR475.95m
EarningsR244.92m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)4.50
Gross Margin28.33%
Net Profit Margin9.63%
Debt/Equity Ratio2.8%

How did ART perform over the long term?

See historical performance and comparison

Dividends

5.4%

Current Dividend Yield

26%

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 DateJul 17 2024
Dividend Pay DateJul 22 2024
Days until Ex dividend12 days
Days until Dividend pay date17 days

Does ART pay a reliable dividends?

See ART dividend history and benchmarks
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