AGX Stock Analysis: Argan | NYSE
Engineering & Construction | NYSE, USA | Market Cap: 8.444m USD | 12M Return: 130.1% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 209M
EPS Trend: 97.1%
Qual. Beats: 2
Rev. Trend: 96.3%
Qual. Beats: 1
Warnings
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Argan, Inc. (NYSE: AGX) is a specialty contractor that provides engineering, procurement, construction (EPC), commissioning, maintenance, and technical consulting services primarily to the power generation industry, with operations in the United States, the Republic of Ireland, and the United Kingdom. The company reports through three operating segments: Power, which delivers EPC services for large-scale energy projects and related technical consulting; Industrial, which provides field services, plant maintenance, turnaround support, and fabricated metal components such as piping systems and pressure vessels; and Teledata, which offers trenchless directional boring, aerial and buried cabling, high- and low-voltage electric line work, structured cabling, and utility construction services to government agencies, cooperatives, municipalities, and technology contractors, mainly in the mid-Atlantic United States. Argan was incorporated in 1961 and is headquartered in Arlington, Virginia.
The company sits within the Construction & Engineering sub-industry of the Industrials sector, where EPC contractors typically play a role in building and maintaining power generation infrastructure, including conventional and renewable energy facilities. Argans geographic exposure is heavily concentrated in the U.S. market, with international operations centered on power projects in Ireland and the United Kingdom, making the company a participant in both domestic grid build-out work and overseas energy infrastructure development.
- Data center demand fuels Power segment backlog growth
- Industrial field services margins pressured by labor cost inflation
- Teledata revenue tracks federal and utility broadband infrastructure spending
| Net Income: 161.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.13 > 0.02 and ΔFCF/TA -0.13 > 1.0 |
| NWC/Revenue: 40.45% < 20% (prev 34.62%; Δ 5.82% < -1%) |
| CFO/TA 0.38 > 3% & CFO 492.8m > Net Income 161.3m |
| Net Debt (-463.9m) to EBITDA (187.7m): -2.47 < 3 |
| Current Ratio: 1.53 > 1.5 & < 3 |
| Outstanding Shares: last quarter (14.2m) vs 12m ago 0.60% < -2% |
| Gross Margin: 20.92% > 18% (prev 17.57%; Δ 3.35% > 0.5%) |
| Asset Turnover: 100.2% > 50% (prev 114.9%; Δ -14.71% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM) |
| A: 0.33 (Total Current Assets 1.22b - Total Current Liabilities 794.7m) / Total Assets 1.29b |
| B: 0.35 (Retained Earnings 445.3m / Total Assets 1.29b) |
| C: 0.18 (EBIT TTM 184.5m / Avg Total Assets 1.04b) |
| D: 0.58 (Book Value of Equity 473.5m / Total Liabilities 812.9m) |
| Altman-Z'' = 5.08 = AAA |
| DSRI: 1.03 (Receivables 203.5m/172.3m, Revenue 1.04b/910.2m) |
| GMI: 0.84 (GM 17.57% / 20.92%) |
| AQI: 1.11 (AQ_t 0.04 / AQ_t-1 0.04) |
| SGI: 1.14 (Revenue 1.04b / 910.2m) |
| TATA: -0.26 (NI 161.3m - CFO 492.8m) / TA 1.29b) |
| Beneish M = -3.01 (Cap -4..+1) = AA |
As of July 28, 2026, the stock is trading at USD 542.52 with a total of 303,635 shares traded. Over the past week, the price has changed by -9.83%, over one month by -31.41%, over three months by -17.84% and over the past year by +130.11%.
Current recommended Stop Loss: 491.80 (which is 9.3% or 1.2 ATR below the current price).
Argan has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy AGX.
- StrongBuy: 1
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 679.8 | 25.3% |
P/E Trailing = 53.7768
P/E Forward = 16.6113
P/S = 8.1042
P/B = 18.0706
Revenue TTM = 1.04b USD
EBIT TTM = 184.5m USD
EBITDA TTM = 187.7m USD
Long Term Debt = unknown (none)
Short Term Debt = 2.52m USD (from shortTermDebt, last fiscal year)
Debt = 16.0m USD (from shortLongTermDebtTotal, last fiscal year) + Leases 9.58m
Net Debt = -463.9m USD (calculated: Debt 16.0m - CCE 479.9m)
Enterprise Value = 7.98b USD (8.44b + Debt 16.0m - CCE 479.9m)
Interest Coverage Ratio = unknown (Ebit TTM 184.5m / Interest Expense TTM 0.0)
EV/FCF = 47.75x (Enterprise Value 7.98b / FCF TTM 167.1m)
FCF Yield = 2.09% (FCF TTM 167.1m / Enterprise Value 7.98b)
FCF Margin = 16.04% (FCF TTM 167.1m / Revenue TTM 1.04b)
Net Margin = 15.48% (Net Income TTM 161.3m / Revenue TTM 1.04b)
Gross Margin = 20.92% ((Revenue TTM 1.04b - Cost of Revenue TTM 824.0m) / Revenue TTM)
Gross Margin QoQ = 21.00% (prev 25.03%)
Tobins Q-Ratio = 6.20 (Enterprise Value 7.98b / Total Assets 1.29b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 16.0m)
Taxrate = 12.58% (23.2m / 184.5m)
NOPAT = 161.3m (EBIT 184.5m * (1 - 12.58%))
Current Ratio = 1.32 (Total Current Assets 1.22b / Total Current Liabilities 918.5m)
Debt / Equity = 0.03 (Debt 16.0m / totalStockholderEquity, last quarter 473.5m)
Debt / EBITDA = -2.47 (Net Debt -463.9m / EBITDA 187.7m)
Debt / FCF = -2.78 (Net Debt -463.9m / FCF TTM 167.1m)
Total Stockholder Equity = 437.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 15.51% (Net Income 161.3m / Total Assets 1.29b)
RoE = 36.89% (Net Income TTM 161.3m / Total Stockholder Equity 437.2m)
RoCE = 37.41% (EBIT 184.5m / Capital Employed (Total Assets 1.29b - Current Liab 794.7m))
RoIC = 36.36% (NOPAT 161.3m / Invested Capital 443.6m)
WACC = 12.04% (E(8.44b)/V(8.46b) * Re(12.06%) + D(16.0m)/V(8.46b) * Rd(0.0%) * (1-Tc(0.13)))
Discount Rate = 12.06% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 87.54 | Cagr: 2.10%
[DCF] Terminal Value 67.00% ; FCFF base≈141.8m ; Y1≈162.6m ; Y5≈239.2m
[DCF] Fair Price = 188.2 (EV 2.17b - Net Debt -463.9m = Equity 2.64b / Shares 14.0m; r=12.04% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 97.08 | EPS CAGR: 88.16% | SUE: 1.83 | # QB: 2
Revenue Correlation: 96.25 | Revenue CAGR: 31.79% | SUE: 1.63 | # QB: 1
EPS current Quarter (2026-07-31): EPS=2.69 | Chg30d=+5.87% | Revisions=+29% | Analysts=4
EPS next Quarter (2026-10-31): EPS=3.02 | Chg30d=+5.30% | Revisions=+29% | Analysts=4
EPS current Year (2027-01-31): EPS=12.24 | Chg30d=+8.84% | Revisions=+29% | GrowthEPS=+25.6% | GrowthRev=+35.7%
EPS next Year (2028-01-31): EPS=16.25 | Chg30d=+8.89% | Revisions=+57% | GrowthEPS=+32.8% | GrowthRev=+25.4%
[Analyst] Revisions Ratio: +53% (up=13, down=3)