AGX Share Price | Argan, Inc. Stock Analysis & Recommendation

Q: What does Argan, Inc. do?

Overview:Argan, Inc. is a holding company operating in the construction industry, focusing on power generation, telecommunications infrastructure, and industrial fabrication services.Financial Snapshot:- Most recent Net Sales: 194 Million (Quarterly Results - Apr 2025)- Most recent Net Profit: 23 Million (Quarterly Results - Apr 2025)- Market-cap: USD 2,903.04 Million (Micro Cap)Key Metrics:- P/E: 33.00- Dividend Yield: 0.66%- Debt Equity: -1.49- Return on Equity: 27.69%- Price to Book: 7.98Contact Details:- Address: 1 Church St Ste 201, ROCKVILLE MD: 20850-4181- Tel: 1 301 3150027- Website: http://www.arganinc.com

Q: Who are in the management team of Argan, Inc.?

As of March 2022, the management team of Argan, Inc. includes Mr. Rainer Bosselmann, who serves as the Chairman of the Board and Chief Executive Officer. Additionally, the board comprises several independent directors: Ms. Cynthia Flanders, Mr. Peter Getsinger, Mr. John Jeffrey, Ms. Mano Koilpillai, and Mr. William Leimkuhler. In summary, as of March 2022, Argan, Inc.'s management team features a mix of executive leadership and independent directors, highlighting a governance structure that includes both operational and independent oversight.

Q: Is Argan, Inc. technically bullish or bearish?

As of 11 September 2025, the technical trend for Argan, Inc. has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view, particularly in the monthly time frame where both MACD and KST are bullish, alongside Dow Theory confirming a bullish trend. The daily moving averages also reflect a bullish sentiment. However, the weekly MACD and KST are mildly bearish, indicating some short-term caution. Argan, Inc. has significantly outperformed the S&P 500 across multiple periods, with a year-to-date return of 89.42% compared to the S&P 500's 12.22%, and a one-year return of 193.68% versus 17.14%.

Q: Is Argan, Inc. overvalued or undervalued?

As of 21 November 2025, Argan, Inc. has moved from expensive to fair in its valuation grade. The company appears to be fairly valued based on its current metrics. Key ratios include a P/E ratio of 33, a Price to Book Value of 9.11, and an EV to EBITDA of 25.15. In comparison to peers, IES Holdings, Inc. has a P/E of 27.82, while Primoris Services Corp. shows a P/E of 25.49, indicating that Argan, Inc. is competitively positioned within its industry.The company's recent stock performance has significantly outpaced the S&P 500, with a year-to-date return of 171.42% compared to the index's 12.26%. This strong performance reinforces the notion that Argan, Inc. is fairly valued, reflecting investor confidence despite its relatively high valuation ratios.

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

2.58 M

Shareholding (Oct 2025)

FII

11.12%

Held by 125 FIIs

DII

46.59%

Held by 44 DIIs

Promoter

0.60%

How big is Argan, Inc.?

22-Jun-2025

As of Jun 18, Argan, Inc. has a market capitalization of 2,903.04 million, with net sales of 910.15 million and a net profit of 100.13 million over the latest four quarters. The balance sheet shows shareholder's funds of 351.86 million and total assets of 862.37 million.

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What does Argan, Inc. do?

22-Jun-2025

Argan, Inc. is a holding company in the construction industry, specializing in power generation, telecommunications infrastructure, and industrial fabrication services. As of April 2025, it reported net sales of $194 million and a net profit of $23 million, with a market cap of approximately $2.9 billion.

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Who are in the management team of Argan, Inc.?

22-Jun-2025

As of March 2022, Argan, Inc.'s management team is led by Mr. Rainer Bosselmann as Chairman and CEO, alongside independent directors Ms. Cynthia Flanders, Mr. Peter Getsinger, Mr. John Jeffrey, Ms. Mano Koilpillai, and Mr. William Leimkuhler.

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Is Argan, Inc. technically bullish or bearish?

20-Sep-2025

As of September 11, 2025, Argan, Inc. shows a bullish trend supported by strong monthly indicators, despite some short-term caution from weekly metrics, and has significantly outperformed the S&P 500 with a year-to-date return of 89.42% compared to 12.22%.

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Is Argan, Inc. overvalued or undervalued?

25-Nov-2025

As of November 21, 2025, Argan, Inc. is fairly valued with a P/E ratio of 33, a Price to Book Value of 9.11, and an EV to EBITDA of 25.15, outperforming the S&P 500 with a year-to-date return of 171.42%, indicating strong investor confidence.

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Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

Low Debt Company with Strong Long Term Fundamental Strength

Company has a low Debt to Equity ratio (avg) at times

The company has declared Positive results for the last 8 consecutive quarters

High Institutional Holdings at 98.05%

Consistent Returns over the last 3 years

Mojo Parameters

Stock DNA

Industry

Construction

Market cap

USD 6,472 Million (Small Cap)

P/E

54.00

Industry P/E

Dividend Yield

0.37%

Debt Equity

-1.73

Return on Equity

28.73%

Price to Book

15.42

Revenue and Profits:

Net Sales:

251 Million

(Quarterly Results - Oct 2025)

Net Profit:

31 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

50.96%

6 Months

82.54%

1 Year

303.31%

2 Years

858.43%

3 Years

1094.48%

4 Years

1070.58%

5 Years

814.94%

Argan, Inc. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

No Recent News for the Company

Announcements

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

21.69%

EBIT Growth (5y)

97.21%

EBIT to Interest (avg)

55.17

Debt to EBITDA (avg)

Net Debt to Equity (avg)

-1.49

Sales to Capital Employed (avg)

2.18

Tax Ratio

22.79%

Dividend Payout Ratio

21.97%

Pledged Shares

Institutional Holding

100.00%

ROCE (avg)

ROE (avg)

15.19%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

15.42

EV to EBIT

47.70

EV to EBITDA

45.99

EV to Capital Employed

-18.88

EV to Sales

6.28

PEG Ratio

0.70

Dividend Yield

0.37%

ROCE (Latest)

Negative Capital Employed

ROE (Latest)

28.73%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

No Signal

Bollinger Bands

Bullish

Moving Averages

Bullish (Daily)

KST

Bullish

Dow Theory

Bullish

OBV

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Oct 2025

Shareholding Compare (%holding)

Majority shareholders

Domestic Funds

Held in 90 Schemes (41.68%)

Foreign Institutions

Held by 125 Foreign Institutions (11.12%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

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Quarterly Results Snapshot (Consolidated) - Oct'25 - QoQ

Oct'25

Jul'25

Change(%)

Net Sales

251.20

237.70

5.68%

Operating Profit (PBDIT) excl Other Income

33.20

31.60

5.06%

Interest

0.00

Exceptional Items

0.00

Consolidate Net Profit

30.70

35.30

-13.03%

Operating Profit Margin (Excl OI)

129.90%

126.40%

0.35%

USD in Million.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Oct 2025 is 5.68% vs 22.72% in Jul 2025

Consolidated Net Profit

QoQ Growth in quarter ended Oct 2025 is -13.03% vs 56.89% in Jul 2025

All Quarterly Results

Annual Results Snapshot (Consolidated) - Jan'25

Jan'25

Jan'24

Change(%)

Net Sales

874.20

573.30

52.49%

Operating Profit (PBDIT) excl Other Income

97.60

38.90

150.90%

Interest

0.00

Exceptional Items

-3.40

0.00

Consolidate Net Profit

85.50

32.40

163.89%

Operating Profit Margin (Excl OI)

104.80%

63.60%

4.12%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Jan 2025 is 52.49% vs 26.00% in Jan 2024

Consolidated Net Profit

YoY Growth in year ended Jan 2025 is 163.89% vs -6.63% in Jan 2024

All Annual Results

Company CV

About Argan, Inc.

Argan, Inc.

Construction

Argan, Inc. is a holding company. The Company conducts operations through its subsidiaries, Gemma Power Systems, LLC and affiliates (GPS), Atlantic Projects Company Limited (APC), Southern Maryland Cable, Inc. (SMC) and The Roberts Company (Roberts). Through GPS and APC, the Company's power industry services segment provides engineering, procurement, construction, commissioning, operations management, maintenance, development, technical and consulting services to the power generation and renewable energy markets. Through SMC, the telecommunications infrastructure services segment of the Company provides project management, construction, installation and maintenance services to commercial, local government and federal government customers. Through Roberts, the Company's industrial fabrication and field services segment produces, delivers and installs fabricated steel components specializing in pressure vessels and heat exchangers for industrial plants.

Company Coordinates

Company Details

1 Church St Ste 201 , ROCKVILLE MD : 20850-4181

Tel: 1 301 3150027

http://www.arganinc.com

Registrar Details