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Argan, Inc. AGX R2K

Industrials · Engineering & Construction · United States
https://www.arganinc.com

Argan, Inc., through its subsidiaries, provides engineering, procurement, construction, commissioning, maintenance, project development, and technical consulting services to the power generation market in the United States, Republic of Ireland, and the United Kingdom. It operates through three segments: Power, Industrial, and Teledata. Its Power segment offers engineering, procurement, and construction, as well as designing, building, and commissioning of large-scale energy projects; and design, construction, project management, start-up, and operation, as well as provides technical consulting services; and turbine, boiler, and large rotating equipment. This segment serves independent power producers, public utilities, power plant equipment suppliers, and other commercial firms. The company's Industrial segment provides field services that support new plant construction and additions; maintenance turnarounds; shutdowns and emergency mobilizations for industrial plants; and fabricates, delivers, and installation of metal components, such as piping systems and pressure vessels. Its Teledata segment offers trenchless directional boring and excavation for underground communication and power networks; aerial cabling; high and low voltage electric lines; and private area outdoor lighting systems, as well as installs buried cable. It also provides structured cabling, terminations, and connectivity that offers the physical transport for high-speed data, voice, video, and security networks; and utility construction services and comprehensive technology wiring solutions. This segment serves electricity cooperative, state and federal government agencies, counties and municipalities, and technology-oriented government contracting firms, as well as customers in the mid-Atlantic region of the United States. Argan, Inc. was incorporated in 1961 and is headquartered in Arlington, Virginia.

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$667.02
+219.01% 1Y

Market & Price

Market Cap
$9.31B
Current Price
$667.02
High / Low (52W)
$740.91 / $201.37
Beta
0.61

Valuation

Stock P/E
68.48
Industry PE
28.38
Forward P/E
44.70
PEG Ratio
-
Book Value
$33.13
Price to Book
20.13
P/S
9.86
EV/EBITDA
61.42
Dividend Yield
0.30%

Profitability & Returns

ROCE
28.35%
ROE
33.85%
ROA
8.33%
Profit Margin
14.59%
Op Margin
18.19%
EPS (Latest Qtr)
$3.47
EPS (TTM)
$9.74

Balance Sheet & Liquidity

Debt/Equity
1.38
Quick Ratio
1.56
Current Ratio
1.59
Debt
$6.39M
Total Assets
$1.19B
Current Assets
$1.13B
Working Capital
$421.00M

Ownership

Promoter Holding
4.18%
Chg in Prom Hold
-
FII / Inst Holding
101.79%
Chg in FII Hold
0.09%

Financial Snapshot

Enterprise Value
$8.41B
Total Revenue (TTM)
$944.61M
EBITDA
$136.99M
Free Cash Flow
$340.95M
Operating Cash Flow
$414.72M
Shares Outstanding
13.96M
Gross Margin
20.31%
Payout Ratio
17.97%

Growth (CAGR)

Revenue 5Y
27.57%
Profit 5Y
60.86%
Revenue (YoY)
12.70%
Earnings (YoY)
55.80%

PROS

  • Strong return on equity of 33.8%.
  • Healthy ROCE of 28.4%.
  • Compounding revenue at 27.6% over 5 years.
  • Profit CAGR of 60.9% over 5 years.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Trading at a high P/E of 68.5.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 AGX Argan, Inc. R2K 667.02 68.48 $9.31B 0.30% 28.35% 33.85% 27.57% 60.86%
2 CAT Caterpillar Inc. SPX 875.87 43.66 $403.42B 0.69% 19.42% 51.33% 4.38% 9.83%
3 GE GE Aerospace SPX 323.76 40.17 $338.27B 0.58% 11.89% 45.43% 16.32% 195.89%
4 GEV GE Vernova Inc. SPXAI 968.32 28.33 $260.21B 0.21% 6.30% 75.71% 8.68% 92.84%
5 RTX RTX Corporation SPX 179.66 33.64 $241.95B 1.54% 9.41% 11.57% 9.72% 9.01%
6 UNP Union Pacific Corporation SPX 262.64 21.60 $155.93B 2.10% 16.19% 40.69% -0.49% 0.66%
7 ETN Eaton Corporation plc SPXAI 400.60 39.20 $155.55B 1.10% 16.23% 20.84% 9.77% 18.41%
8 HON Honeywell International Inc. NDXSPX 237.86 38.00 $150.72B 2.00% 13.57% 24.26% 1.82% -1.62%
9 DE Deere & Company SPX 542.18 30.67 $146.45B 1.20% 12.82% 18.35% -4.50% -11.00%
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Quarterly Results

Figures in USD.

Metric Apr 2015Jul 2015Oct 2015Jan 2016Apr 2016Jul 2016Oct 2016Jan 2017Apr 2017Jul 2017Oct 2017Jan 2018Apr 2018Jul 2018Oct 2018Jan 2019Apr 2019Jul 2019Oct 2019Jan 2020Apr 2020Jul 2020Oct 2020Apr 2021Jul 2021Oct 2021Apr 2022Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jul 2025Oct 2025Jan 2026
Revenue --------230.49M259.80M232.94M169.58M141.37M136.67M116.46M87.66M49.54M63.06M58.41M67.99M60.15M87.49M127.33M126.34M133.01M124.45M100.28M118.11M117.88M103.67M141.35M163.75M157.68M227.01M257.01M232.47M193.66M237.74M251.15M262.05M
Cost of Revenue -----------------------------------184.86M156.80M193.48M204.20M196.45M
Gross Profit 21.17M28.49M26.26M23.54M28.30M44.01M36.58M37.82M40.10M51.41M37.72M20.10M15.45M30.71M29.53M6.75M-21.03M2.96M5.99M5.25M4.01M15.63M20.34M23.71M27.65M26.14M19.74M24.39M22.21M14.22M23.74M19.23M17.94M31.11M44.33M47.61M36.86M44.27M46.95M65.60M
Operating Expenses -----------------------------------14.95M12.52M14.21M14.32M17.93M
Operating Income 15.63M23.64M20.67M14.46M21.25M34.50M26.73M29.77M30.61M40.61M27.60M8.16M5.82M20.33M18.39M-4.29M-32.69M-7.07M-6.14M-9.94M-6.33M6.54M10.95M13.82M17.32M14.54M9.16M13.40M9.54M3.63M13.24M7.86M6.52M18.68M30.33M32.67M24.34M30.05M32.63M47.67M
EBITDA -----------------------------------36.66M25.93M30.05M33.14M52.43M
Interest Expense ----------------------------------------
Pretax Income -----------------------------------38.63M29.79M35.64M39.69M55.39M
Tax Provision -----------------------------------7.26M7.24M361.00K8.96M6.18M
Net Income 7.50M11.31M10.81M6.73M12.23M19.67M18.07M20.35M20.62M27.14M17.23M7.02M4.84M16.97M32.43M-2.21M-29.80M1.15M-6.86M-7.19M-763.00K5.61M9.45M10.77M12.87M12.39M7.49M4.22M7.76M2.11M12.77M5.46M7.88M18.20M28.01M31.37M22.55M35.27M30.74M49.21M
Diluted EPS 0.500.750.720.450.811.291.161.291.311.721.090.450.311.082.07-0.14-1.910.07-0.44-0.46-0.050.360.600.670.810.780.500.300.560.160.940.400.581.312.002.221.602.502.173.47

Profit & Loss (Annual)

Figures in USD.

Metric Jan 2011Jan 2012Jan 2013Jan 2014Jan 2015Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Jan 2026
Revenue ------675.05M892.82M482.15M239.00M392.21M-455.04M573.33M874.18M944.61M
Cost of Revenue ------------368.68M492.50M733.19M750.93M
Gross Profit 29.12M23.10M50.13M78.85M83.60M99.47M146.71M149.32M82.44M-6.82M62.07M-86.36M80.83M140.99M193.68M
Operating Expenses ------------44.69M44.38M52.79M58.98M
Operating Income 16.99M11.92M35.38M65.93M64.13M74.41M112.25M106.98M40.24M-55.84M23.03M-41.67M36.46M88.19M134.70M
EBITDA ------------47.21M40.38M93.86M140.87M
Interest Expense ----------------
Pretax Income ------------46.00M48.93M111.20M160.51M
Tax Provision ------------11.30M16.57M25.75M22.73M
Net Income 7.77M9.27M23.27M40.12M30.45M36.34M70.33M72.01M52.04M-42.69M23.85M-33.10M32.36M85.46M137.77M
Diluted EPS 0.570.671.652.782.052.424.504.563.32-2.731.51-2.332.396.159.74

Compounded Sales Growth

5 Years:27.57%
1 Year:12.70%

Compounded Profit Growth

5 Years:60.86%
1 Year:55.80%

Stock Price Performance

1 Year:+219.01%
6 Months:+79.06%
3 Months:+47.94%
1 Month:+5.86%

Balance Sheet (Annual)

Figures in USD.

Metric Jan 2010Jan 2011Jan 2012Jan 2013Jan 2014Jan 2015Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Jan 2026
Total Assets -130.54M205.25M234.72M323.31M391.19M409.79M644.49M542.67M476.65M487.54M602.63M-489.49M598.23M836.23M1.19B
Current Assets -------------438.70M547.18M781.30M1.13B
Cash & Equivalents 66.15M83.29M156.52M175.14M272.21M333.69M160.91M167.20M122.11M164.32M167.36M366.67M-173.95M197.03M145.26M339.48M
Inventory -------------11.90M9.98M320.00K10.98M
Receivables -------------50.13M47.33M175.81M133.68M
Total Liabilities -32.90M104.29M115.56M165.53M216.24M187.94M351.92M184.54M82.28M146.51M280.22M-208.59M307.29M484.37M724.09M
Current Liabilities -32.87M104.28M115.55M165.24M215.43M187.71M350.72M183.26M81.32M144.03M276.09M-202.50M302.26M479.86M711.26M
Long Term Debt -----------------
Total Debt -------------1.57M2.73M2.71M2.52M
Total Equity -97.64M101.26M120.92M156.31M185.47M218.52M291.63M358.08M394.57M339.25M320.67M-280.90M290.94M351.86M462.26M
Shares Outstanding -------------15.83M15.83M15.83M15.83M

Cash Flows (Annual)

Figures in USD.

Metric Jan 2011Jan 2012Jan 2013Jan 2014Jan 2015Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Jan 2026
Operating Cash Flow 19.34M78.72M31.56M98.41M93.33M-33.03M259.04M-72.79M-112.32M53.56M176.01M--30.06M116.86M167.58M414.72M
Investing Cash Flow -483.00K790.00K-7.26M5.33M-3.55M-130.54M-243.81M38.67M170.63M-36.06M66.97M--63.12M-67.61M-193.62M-182.02M
Financing Cash Flow -1.72M-6.27M-5.68M-6.67M-28.30M-8.65M-8.86M-13.62M-15.54M-13.99M-45.41M--82.80M-26.05M-26.06M-42.59M
Capital Expenditure -483.00K-1.74M-7.26M-1.14M-2.94M-3.12M-2.81M-4.83M-8.60M-7.06M-1.70M--3.37M-2.76M-6.58M-3.88M
Free Cash Flow 18.85M76.98M24.30M97.27M90.39M-36.15M256.23M-77.62M-120.92M46.51M174.32M--33.43M114.10M161.00M410.84M
Net Change in Cash -------------175.99M23.20M-52.09M190.11M
Share Buybacks -----------20.37M68.24M12.46M1.52M9.88M
Dividends Paid -6.80M--------------

Ratios (Annual)

Figures in %.

Metric Jan 2011Jan 2012Jan 2013Jan 2014Jan 2015Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Jan 2026
Gross Margin % ------21.7%16.7%17.1%-2.9%15.8%-19.0%14.1%16.1%20.5%
Operating Margin % ------16.6%12.0%8.3%-23.4%5.9%-9.2%6.4%10.1%14.3%
Net Margin % ------10.4%8.1%10.8%-17.9%6.1%-7.3%5.6%9.8%14.6%
ROE % 8.0%9.2%19.2%25.7%16.4%16.6%24.1%20.1%13.2%-12.6%7.4%-11.8%11.1%24.3%29.8%
ROCE % 17.4%11.8%29.7%41.7%36.5%33.5%38.2%29.8%10.2%-16.3%7.1%-14.5%12.3%24.7%28.4%

Shareholding Pattern

Insiders
4.18%
Institutions
101.79%
Public Float
106.23%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 15.23% 2.12M $1.42B
2 First Trust Advisors LP 5.67% 791.35K $527.85M
3 Renaissance Technologies, LLC 4.38% 610.90K $407.48M
4 Vanguard Capital Management LLC 4.21% 587.47K $391.85M
5 State Street Corporation 3.71% 517.66K $345.29M
6 Vanguard Portfolio Management LLC 3.71% 517.62K $345.27M
7 Maverick Capital Ltd. 3.33% 464.76K $310.00M
8 Geode Capital Management, LLC 3.29% 459.30K $306.36M
9 American Century Companies Inc 3.02% 421.65K $281.25M
10 Dimensional Fund Advisors LP 2.85% 397.96K $265.45M

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