ARGAN INC · Construction - Special Trade Contractors

AGX

Low riskNext report: Around Dec 3 (est.)

View price ↗

The short version

A profitable company with growing sales.

Going well

Sales up 62% in the latest quarter vs a year ago
Profitable
Brings in more cash than it spends

Money moves

No insider buying or selling in the last 30 days
Institutions added 0.9% to their holdings in the quarter ending June 2026 (306 bought, 256 sold)
Held by Philippe Laffont (Coatue), Ray Dalio (Bridgewater)

Facts from SEC filings, not a recommendation.

What the price means

Price as of Oct 26

$329.29-0.5% that day

Company value: $4.6B; Share price times all shares
Price vs profit (P/E): 26.1x; You pay about $26 for each $1 of yearly profit
Price vs sales: 3.9x; Company value is 3.9 times a year of sales
Dividend yield: 0.5%; Yearly dividend as a share of today's price
Cash vs value: 8%; Cash as a share of company value

From AGX's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.

The business over time

Last 12 quarters, from SEC filings

Sales, Jul '26

$384.0M+62% vs a year earlier

Oct '23Tap a barJul '26

Last 12 months: $1.2B, up 29% from the 12 months before. Over 5 years, sales grew about 19% a year.

What the price assumes

Your guesses, our math

Move the sliders to your own view of AGX. Starting points are the company's recent numbers.

Sales growth+29% a yearRecently: +29% a yearProfit margin15%Last 12 months: 15.1%P/E at the end26xToday: 26.1x. Many steady companies trade at 12x to 25xShare count change0% a yearBelow zero means buybacks; above zero means new shares (dilution)

Sales in 5 years$4.2B

Profit in 5 years$637M

Price these guesses point to$1,179.85+258% vs $329.29 todayAbout +29% a year, before dividends

What today's price needs: with a 15% margin and a 26x P/E, sales could shrink about 0.1% a year for 5 years and still match today's price.

Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

4/6Mixed

PassReturn on equity 15%+Earns a lot on the money owners have in the business.33.8%
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.14.6%
MissProfitable every yearSteady profits, not one good year.9 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$410.8M
PassShare count not growingNot diluting owners. Falling means buybacks.-0.2% in 3 years
MissGross margin 40%+Pricing power: sells for well above what it costs to make.20.5%

Revenue: $944.6M; +8.1% vs prior year
5-year growth: +19.2%/yr; revenue, per year
Current ratio: 1.59x; short-term assets / bills due
Free cash flow: $410.8M; 43.5% of revenue

From annual reports filed with the SEC. Not in this company's SEC data, so not scored: debt under half of equity. A checklist is a starting point for research, not a verdict.