Company Valuation: Argan

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,629 1,739 1,965 1,536 1,698 1,718 - -
Change - -33.86% 12.99% -21.81% 10.5% 1.18% - -
Enterprise Value (EV) 1 4,325 3,616 3,922 3,236 3,391 3,602 3,601 3,632
Change - -16.39% 8.45% -17.48% 4.77% 6.24% -0.03% 0.87%
P/E 3.92x 18x -7.47x 6.05x 6.88x 9.43x 9.6x 8.96x
PBR - - 1.04x 0.69x 0.71x 0.73x 0.69x 0.67x
PEG - -0.2x 0x -0x -1.72x -0.4x -5.7x 1.27x
Capitalization / Revenue 14.2x 8.79x 8.9x 6.43x 8.01x 7.76x 7.37x 7.09x
EV / Revenue 23.3x 18.3x 17.8x 13.5x 16x 16.3x 15.5x 15x
EV / EBITDA 29.4x 24x 22.8x 17.4x 17x 17.3x 16.3x 15.7x
EV / EBIT 29.4x 31x -19.5x 10.7x 11.7x 15.4x 14.7x 14.3x
EV / FCF 41.9x -32.8x 156x 23.3x 27.3x -243x 22.2x 27.7x
FCF Yield 2.39% -3.05% 0.64% 4.29% 3.66% -0.41% 4.5% 3.61%
Dividend per Share 2 2.6 3 3.15 3.3 3.45 3.574 3.687 3.788
Rate of return 2.23% 3.96% 3.7% 5.45% 5.23% 5.36% 5.53% 5.68%
EPS 2 29.7 4.2 -11.4 10 9.6 7.07 6.951 7.441
Distribution rate 8.75% 71.4% -27.6% 33% 35.9% 50.6% 53% 50.9%
Net sales 1 185.6 197.9 220.7 239 212 221.4 233 242.2
EBITDA 1 147.1 150.5 172.1 185.7 199.9 208.3 221.4 230.9
EBIT 1 147 116.8 -201.2 302.2 290.9 233.3 245.2 254.5
Net income 1 668 95.1 -263.5 245.7 245.2 188.8 185.5 190
Net Debt 1 1,696 1,877 1,957 1,700 1,693 1,885 1,884 1,915
Reference price 2 116.40 75.80 85.20 60.50 66.00 66.70 66.70 66.70
Nbr of stocks (in thousands) 22,587 22,940 23,059 25,392 25,721 25,751 - -
Announcement Date 19/01/22 19/01/23 18/01/24 16/01/25 22/01/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.43x16.27x17.29x5.36% 191.44Cr
33.33x17.89x22.45x3.42% 12TCr
32.25x14.38x18.47x4.26% 6.83TCr
37.3x14.78x15.28x5.8% 5.3TCr
18.28x15.47x17.6x1.13% 3.84TCr
13.83x24.64x26.98x3.63% 1.62TCr
27.23x10.84x14.91x4.59% 1.57TCr
8.29x11.87x14.53x6.02% 1.48TCr
18.05x16.15x23.47x5.33% 1.41TCr
29.36x11.19x16.38x4.15% 1.34TCr
Average 22.74x 15.35x 18.74x 4.37% 3.55TCr
Weighted average by Cap. 29.00x 15.90x 19.42x 3.97%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Argan

Historical PBR trend

Valuation ratios - PBR - Argan

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Argan

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Argan


Year-on-year evolution of the Yield

Valuation ratios - Yield - Argan