Argan Financials

AGX Stock  USD 155.05  5.76  3.58%   
Based on the analysis of Argan's profitability, liquidity, and operating efficiency, Argan Inc is performing exceptionally good at the present time. It has a great likelihood to report excellent financial results in December. At this time, Argan's Liabilities And Stockholders Equity is fairly stable compared to the past year. Inventory is likely to rise to about 10.5 M in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 2.8 M in 2024. Key indicators impacting Argan's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.02270.0239
Notably Down
Slightly volatile
Current Ratio1.831.8103
Fairly Up
Pretty Stable
Investors should never underestimate Argan's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Argan's cash flow, debt, and profitability to make informed and accurate decisions about investing in Argan Inc.

Cash And Equivalents

237.61 Million

  
Understanding current and past Argan Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Argan's financial statements are interrelated, with each one affecting the others. For example, an increase in Argan's assets may result in an increase in income on the income statement.

Argan Earnings Geography

Please note, the imprecision that can be found in Argan's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Argan Inc. Check Argan's Beneish M Score to see the likelihood of Argan's management manipulating its earnings.

Argan Stock Summary

Argan competes with Dycom Industries, Innovate Corp, Energy Services, Wang Lee, and Arcosa. Argan, Inc., through its subsidiaries, provides engineering, procurement, construction, commissioning, operations management, maintenance, project development, technical, and consulting services to the power generation and renewable energy markets. Argan, Inc. was incorporated in 1961 and is headquartered in Rockville, Maryland. Argan operates under Engineering Construction classification in the United States and is traded on New York Stock Exchange. It employs 1358 people.
Specialization
Industrials, Engineering & Construction
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS04010E1091
CUSIP04010E109
LocationMaryland; U.S.A
Business AddressOne Church Street,
SectorConstruction & Engineering
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.arganinc.com
Phone301 315 0027
CurrencyUSD - US Dollar

Argan Key Financial Ratios

Argan Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets487.5M602.6M553.6M489.5M598.2M628.1M
Other Current Liab34.3M45.7M51.9M48.3M79.0M82.9M
Net Debt(165.2M)(364.6M)(346.8M)(172.4M)(191.7M)(182.1M)
Retained Earnings189.3M166.1M188.7M207.8M225.5M236.8M
Cash167.4M366.7M350.5M173.9M197.0M101.4M
Net Receivables70.6M55.3M31.9M74.9M95.5M100.3M
Total Liab146.5M280.2M228.0M208.6M307.3M322.7M
Total Current Assets421.8M546.2M507.3M438.7M547.2M574.5M
Short Term Debt1.6M2.1M1.4M1.6M2.7M1.6M
Other Current Assets23.3M34.1M34.2M26.4M11.0M8.6M
Accounts Payable35.4M53.3M41.8M56.4M39.5M29.8M
Common Stock2.3M2.4M2.4M2.4M2.7M1.7M
Other Assets7.9M249K457K3.7M4.2M4.5M
Good Will34.3M32.8M27.9M28.0M32.2M24.6M
Intangible Assets5.0M4.1M3.3M2.6M2.2M4.0M
Other Liab1.8M4.1M2.7M2.9M3.3M3.5M
Net Tangible Assets306.3M288.6M295.0M250.3M287.8M248.8M
Capital Surpluse148.7M153.3M158.2M162.2M186.5M142.9M

Argan Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Argan Inc. It measures of how well Argan is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Argan brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Argan had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Argan has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash3.0M199.3M(16.2M)(176.5M)23.1M24.2M
Free Cash Flow46.5M173.0M27.0M(33.4M)114.1M119.8M
Depreciation4.6M4.6M4.2M3.7M2.4M2.0M
Other Non Cash Items6.8M2.5M14.1M(195K)(1.7M)(1.6M)
Capital Expenditures7.1M1.7M1.4M3.4M2.8M2.0M
Net Income(40.7M)23.8M35.7M34.7M32.4M34.0M
End Period Cash Flow167.4M366.7M350.5M173.9M197.0M111.1M
Change Receivables(324K)8.5M(480K)(25.0M)(22.5M)(21.4M)
Dividends Paid15.6M47.0M15.7M14.0M14.7M16.9M
Change To Netincome561K11.2M14.0M(288K)(331.2K)(314.6K)
Investments(29M)70M(5.0M)(59.8M)(67.6M)(71.0M)

Argan Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Argan's current stock value. Our valuation model uses many indicators to compare Argan value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Argan competition to find correlations between indicators driving Argan's intrinsic value. More Info.
Argan Inc is rated third in return on equity category among its peers. It also is rated third in return on asset category among its peers reporting about  0.31  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Argan Inc is roughly  3.24 . At this time, Argan's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Argan's earnings, one of the primary drivers of an investment's value.

Argan's Earnings Breakdown by Geography

Argan Inc Systematic Risk

Argan's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Argan volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Argan Inc correlated with the market. If Beta is less than 0 Argan generally moves in the opposite direction as compared to the market. If Argan Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Argan Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Argan is generally in the same direction as the market. If Beta > 1 Argan moves generally in the same direction as, but more than the movement of the benchmark.

Argan Thematic Clasifications

Argan Inc is part of several thematic ideas from Construction to Military Industrial. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Argan Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Argan's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Argan growth as a starting point in their analysis.

Price Earnings To Growth Ratio

6.45

At this time, Argan's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Argan November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Argan help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Argan Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Argan Inc based on widely used predictive technical indicators. In general, we focus on analyzing Argan Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Argan's daily price indicators and compare them against related drivers.

Additional Tools for Argan Stock Analysis

When running Argan's price analysis, check to measure Argan's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Argan is operating at the current time. Most of Argan's value examination focuses on studying past and present price action to predict the probability of Argan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Argan's price. Additionally, you may evaluate how the addition of Argan to your portfolios can decrease your overall portfolio volatility.