ARGAN (ARG.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:ARG - FR0010481960 - REIT
67.6 EUR
0 (0%)
We assign a fundamental rating of 5 out of 10 to ARG. ARG was compared to 42 industry peers in the Diversified REITs industry. While ARG has a great profitability rating, there are quite some concerns on its financial health. ARG is valued quite cheap, while showing a decent growth score. This is a good combination! ARG also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year ARG was profitable.
ARG had a positive operating cash flow in the past year.
ARG had positive earnings in 4 of the past 5 years.
In the past 5 years ARG always reported a positive cash flow from operatings.
1.2 Ratios
ARG's Return On Assets of 6.76% is amongst the best of the industry. ARG outperforms 100.00% of its industry peers.
ARG has a Return On Equity of 12.66%. This is amongst the best in the industry. ARG outperforms 97.62% of its industry peers.
The Return On Invested Capital of ARG (3.48%) is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for ARG is in line with the industry average of 3.45%.
The last Return On Invested Capital (3.48%) for ARG is above the 3 year average (3.13%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.76% | ||
| ROE | 12.66% | ||
| ROIC | 3.48% |
ROA(3y)0.48%
ROA(5y)4.9%
ROE(3y)0.46%
ROE(5y)10.33%
ROIC(3y)3.13%
ROIC(5y)3.04%
1.3 Margins
The Profit Margin of ARG (139.56%) is better than 100.00% of its industry peers.
ARG's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 92.83%, ARG belongs to the top of the industry, outperforming 92.86% of the companies in the same industry.
In the last couple of years the Operating Margin of ARG has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 92.83% | ||
| PM (TTM) | 139.56% | ||
| GM | N/A |
OM growth 3Y-0.31%
OM growth 5Y17.53%
PM growth 3Y-33.91%
PM growth 5Y-10.3%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ARG is destroying value.
ARG has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, ARG has more shares outstanding
The debt/assets ratio for ARG has been reduced compared to a year ago.
2.2 Solvency
ARG has an Altman-Z score of 1.31. This is a bad value and indicates that ARG is not financially healthy and even has some risk of bankruptcy.
With an excellent Altman-Z score value of 1.31, ARG belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
ARG has a debt to FCF ratio of 9.50. This is a negative value and a sign of low solvency as ARG would need 9.50 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 9.50, ARG belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
A Debt/Equity ratio of 0.76 indicates that ARG is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.76, ARG is in line with its industry, outperforming 47.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.76 | ||
| Debt/FCF | 9.5 | ||
| Altman-Z | 1.31 |
ROIC/WACC0.6
WACC5.75%
2.3 Liquidity
A Current Ratio of 0.52 indicates that ARG may have some problems paying its short term obligations.
ARG has a Current ratio (0.52) which is in line with its industry peers.
ARG has a Quick Ratio of 0.52. This is a bad value and indicates that ARG is not financially healthy enough and could expect problems in meeting its short term obligations.
ARG has a Quick ratio (0.52) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.52 | ||
| Quick Ratio | 0.52 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 191.42% over the past year.
ARG shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -3.87% yearly.
The Revenue has been growing slightly by 7.89% in the past year.
Measured over the past years, ARG shows a quite strong growth in Revenue. The Revenue has been growing by 14.50% on average per year.
EPS 1Y (TTM)191.42%
EPS 3Y-30.53%
EPS 5Y-3.87%
EPS Q2Q%39.96%
Revenue 1Y (TTM)7.89%
Revenue growth 3Y8.41%
Revenue growth 5Y14.5%
Sales Q2Q%7.59%
3.2 Future
The Earnings Per Share is expected to grow by 4.37% on average over the next years.
The Revenue is expected to grow by 4.73% on average over the next years.
EPS Next Y7.68%
EPS Next 2Y4.22%
EPS Next 3Y2.88%
EPS Next 5Y4.37%
Revenue Next Year6.57%
Revenue Next 2Y5.1%
Revenue Next 3Y4.73%
Revenue Next 5Y4.73%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
ARG is valuated cheaply with a Price/Earnings ratio of 5.87.
100.00% of the companies in the same industry are more expensive than ARG, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of ARG to the average of the S&P500 Index (27.25), we can say ARG is valued rather cheaply.
A Price/Forward Earnings ratio of 11.08 indicates a reasonable valuation of ARG.
The rest of the industry has a similar Price/Forward Earnings ratio as ARG.
The average S&P500 Price/Forward Earnings ratio is at 23.98. ARG is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.87 | ||
| Fwd PE | 11.08 |
4.2 Price Multiples
ARG's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ARG indicates a somewhat cheap valuation: ARG is cheaper than 76.19% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.03 | ||
| EV/EBITDA | 18.26 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of ARG may justify a higher PE ratio.
PEG (NY)0.76
PEG (5Y)N/A
EPS Next 2Y4.22%
EPS Next 3Y2.88%
5. Dividend
5.1 Amount
ARG has a Yearly Dividend Yield of 4.91%, which is a nice return.
Compared to an average industry Dividend Yield of 4.99, ARG has a dividend in line with its industry peers.
ARG's Dividend Yield is rather good when compared to the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.91% |
5.2 History
The dividend of ARG is nicely growing with an annual growth rate of 32.61%!
Dividend Growth(5Y)32.61%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
ARG pays out 22.47% of its income as dividend. This is a sustainable payout ratio.
The dividend of ARG is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP22.47%
EPS Next 2Y4.22%
EPS Next 3Y2.88%
EPA:ARG (1/12/2026, 7:00:00 PM)
67.6
0 (0%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners37.31%
Inst Owner ChangeN/A
Ins Owners36.53%
Ins Owner ChangeN/A
Market Cap1.74B
Revenue(TTM)208.43M
Net Income(TTM)290.89M
Analysts78.33
Price Target79.05 (16.94%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.91% |
Yearly Dividend2.17
Dividend Growth(5Y)32.61%
DP22.47%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-0.8%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-0.33%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.12%
Revenue NY rev (3m)-0.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.87 | ||
| Fwd PE | 11.08 | ||
| P/S | 8.35 | ||
| P/FCF | 9.03 | ||
| P/OCF | 9.02 | ||
| P/B | 0.76 | ||
| P/tB | 0.78 | ||
| EV/EBITDA | 18.26 |
EPS(TTM)11.52
EY17.04%
EPS(NY)6.1
Fwd EY9.03%
FCF(TTM)7.49
FCFY11.08%
OCF(TTM)7.49
OCFY11.09%
SpS8.1
BVpS89.25
TBVpS87.09
PEG (NY)0.76
PEG (5Y)N/A
Graham Number152.1
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.76% | ||
| ROE | 12.66% | ||
| ROCE | 4.73% | ||
| ROIC | 3.48% | ||
| ROICexc | 3.5% | ||
| ROICexgc | 3.55% | ||
| OM | 92.83% | ||
| PM (TTM) | 139.56% | ||
| GM | N/A | ||
| FCFM | 92.47% |
ROA(3y)0.48%
ROA(5y)4.9%
ROE(3y)0.46%
ROE(5y)10.33%
ROIC(3y)3.13%
ROIC(5y)3.04%
ROICexc(3y)3.21%
ROICexc(5y)3.17%
ROICexgc(3y)3.25%
ROICexgc(5y)3.22%
ROCE(3y)4.26%
ROCE(5y)4.13%
ROICexgc growth 3Y3.68%
ROICexgc growth 5Y17.66%
ROICexc growth 3Y3.74%
ROICexc growth 5Y18.7%
OM growth 3Y-0.31%
OM growth 5Y17.53%
PM growth 3Y-33.91%
PM growth 5Y-10.3%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.76 | ||
| Debt/FCF | 9.5 | ||
| Debt/EBITDA | 8.97 | ||
| Cap/Depr | 68.44% | ||
| Cap/Sales | 0.09% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 99.57% | ||
| Profit Quality | 66.26% | ||
| Current Ratio | 0.52 | ||
| Quick Ratio | 0.52 | ||
| Altman-Z | 1.31 |
F-Score7
WACC5.75%
ROIC/WACC0.6
Cap/Depr(3y)57.59%
Cap/Depr(5y)2471.73%
Cap/Sales(3y)0.08%
Cap/Sales(5y)39.63%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)191.42%
EPS 3Y-30.53%
EPS 5Y-3.87%
EPS Q2Q%39.96%
EPS Next Y7.68%
EPS Next 2Y4.22%
EPS Next 3Y2.88%
EPS Next 5Y4.37%
Revenue 1Y (TTM)7.89%
Revenue growth 3Y8.41%
Revenue growth 5Y14.5%
Sales Q2Q%7.59%
Revenue Next Year6.57%
Revenue Next 2Y5.1%
Revenue Next 3Y4.73%
Revenue Next 5Y4.73%
EBIT growth 1Y7.6%
EBIT growth 3Y8.07%
EBIT growth 5Y34.57%
EBIT Next Year-9.64%
EBIT Next 3Y-0.95%
EBIT Next 5Y0.62%
FCF growth 1Y5.49%
FCF growth 3Y0.28%
FCF growth 5YN/A
OCF growth 1Y5.47%
OCF growth 3Y0.29%
OCF growth 5Y66.22%
ARGAN / ARG.PA FAQ
Can you provide the ChartMill fundamental rating for ARGAN?
ChartMill assigns a fundamental rating of 5 / 10 to ARG.PA.
Can you provide the valuation status for ARGAN?
ChartMill assigns a valuation rating of 7 / 10 to ARGAN (ARG.PA). This can be considered as Undervalued.
Can you provide the profitability details for ARGAN?
ARGAN (ARG.PA) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for ARG stock?
The Price/Earnings (PE) ratio for ARGAN (ARG.PA) is 5.87 and the Price/Book (PB) ratio is 0.76.
Can you provide the dividend sustainability for ARG stock?
The dividend rating of ARGAN (ARG.PA) is 7 / 10 and the dividend payout ratio is 22.47%.