Argan, Inc. (AGX)
Total Valuation
Argan has a market cap or net worth of $623.61 million. The enterprise value is $226.10 million.
| Market Cap | 623.61M |
| Enterprise Value | 226.10M |
Important Dates
The last earnings date was Wednesday, December 6, 2023, after market close.
| Earnings Date | Dec 6, 2023 |
| Ex-Dividend Date | Jan 22, 2024 |
Share Statistics
Argan has 13.33 million shares outstanding. The number of shares has decreased by -1.83% in one year.
| Shares Outstanding | 13.33M |
| Shares Change (YoY) | -1.83% |
| Shares Change (QoQ) | +0.13% |
| Owned by Insiders (%) | 5.86% |
| Owned by Institutions (%) | 83.69% |
| Float | 12.53M |
Valuation Ratios
The trailing PE ratio is 18.94 and the forward PE ratio is 12.16.
| PE Ratio | 18.94 |
| Forward PE | 12.16 |
| PS Ratio | 1.18 |
| Forward PS | 0.92 |
| PB Ratio | 2.19 |
| P/FCF Ratio | 4.72 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 4.81, with an EV/FCF ratio of 1.71.
| EV / Earnings | 6.66 |
| EV / Sales | 0.43 |
| EV / EBITDA | 4.81 |
| EV / EBIT | 5.34 |
| EV / FCF | 1.71 |
Financial Position
The company has a current ratio of 1.88, with zero debt.
| Current Ratio | 1.88 |
| Quick Ratio | 1.63 |
| Debt / Equity | n/a |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 12.00% and return on invested capital (ROIC) is 9.65%.
| Return on Equity (ROE) | 12.00% |
| Return on Assets (ROA) | 6.70% |
| Return on Capital (ROIC) | 9.65% |
| Revenue Per Employee | $535,591 |
| Profits Per Employee | $34,490 |
| Employee Count | 985 |
| Asset Turnover | 1.04 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Argan has paid $8.40 million in taxes.
| Income Tax | 8.40M |
| Effective Tax Rate | 19.83% |
Stock Price Statistics
The stock price has increased by +26.97% in the last 52 weeks. The beta is 0.55, so Argan's price volatility has been lower than the market average.
| Beta (1Y) | 0.55 |
| 52-Week Price Change | +26.97% |
| 50-Day Moving Average | 45.43 |
| 200-Day Moving Average | 42.32 |
| Relative Strength Index (RSI) | 54.75 |
| Average Volume (30 Days) | 98,646 |
Short Selling Information
The latest short interest is 127,547, so 0.96% of the outstanding shares have been sold short.
| Short Interest | 127,547 |
| Short Previous Month | 71,591 |
| Short % of Shares Out | 0.96% |
| Short % of Float | 1.02% |
| Short Ratio (days to cover) | 1.06 |
Income Statement
In the last 12 months, Argan had revenue of $527.56 million and earned $33.97 million in profits. Earnings per share was $2.47.
| Revenue | 527.56M |
| Gross Profit | 77.23M |
| Operating Income | 34.30M |
| Pretax Income | 42.38M |
| Net Income | 33.97M |
| EBITDA | 47.02M |
| EBIT | 42.38M |
| Earnings Per Share (EPS) | $2.47 |
Balance Sheet
The company has $397.52 million in cash and no debt, giving a net cash position of $397.52 million or $29.83 per share.
| Cash & Cash Equivalents | 397.52M |
| Total Debt | n/a |
| Net Cash | 397.52M |
| Net Cash Per Share | $29.83 |
| Equity / Book Value | 284.83M |
| Book Value Per Share | 21.37 |
| Working Capital | 240.18M |
Cash Flow
In the last 12 months, operating cash flow was $135.19 million and capital expenditures -$2.93 million, giving a free cash flow of $132.26 million.
| Operating Cash Flow | 135.19M |
| Capital Expenditures | -2.93M |
| Free Cash Flow | 132.26M |
| FCF Per Share | $9.92 |
Margins
Gross margin is 14.64%, with operating and profit margins of 6.50% and 6.44%.
| Gross Margin | 14.64% |
| Operating Margin | 6.50% |
| Pretax Margin | 8.03% |
| Profit Margin | 6.44% |
| EBITDA Margin | 8.91% |
| EBIT Margin | 8.03% |
| FCF Margin | 25.07% |
Dividends & Yields
This stock pays an annual dividend of $1.20, which amounts to a dividend yield of 2.57%.
| Dividend Per Share | $1.20 |
| Dividend Yield | 2.57% |
| Earnings Yield | 5.45% |
| FCF Yield | 21.21% |
| Dividend Growth (YoY) | 10.00% |
| Payout Ratio | 48.58% |
| Buyback Yield | 1.83% |
| Shareholder Yield | 4.40% |
Analyst Forecast
| Price Target | n/a |
| Price Target Difference | n/a |
| Analyst Consensus | n/a |
| Analyst Count | n/a |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on October 9, 2001. It was a reverse split with a ratio of 1:15.
| Last Split Date | Oct 9, 2001 |
| Split Type | Reverse |
| Split Ratio | 1:15 |
Scores
Argan has an Altman Z-Score of 3.58 and a Piotroski F-Score of 6.
| Altman Z-Score | 3.58 |
| Piotroski F-Score | 6 |