Relative Value

The Relative Value of one ARG stock under the Base Case scenario is 141 EUR. Compared to the current market price of 66.8 EUR, Argan SA is Undervalued by 53%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ARG Relative Value
Base Case
141 EUR
Undervaluation 53%
Relative Value
Price
Worst Case
Base Case
Best Case

Multiples Across Competitors

ARG Competitors Multiples
Argan SA Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
FR
Argan SA
PAR:ARG
1.7B EUR 8.3 6 17.7 17.7
US
Prologis Inc
NYSE:PLD
123.7B USD 14.2 38.6 25.9 45.4
AU
Goodman Group
ASX:GMG
59.7B AUD 25.8 35.8 83.3 83.3
UK
SEGRO PLC
LSE:SGRO
10B GBP 0.1 0.2 0.1 0.1
SG
Ascendas Real Estate Investment Trust
SGX:A17U
13.2B 0 0 0 0
SG
ESR-REIT
OTC:CGIUF
12.8B USD 39.7 -148.8 89.6 89.6
US
Eastgroup Properties Inc
NYSE:EGP
10B USD 14.4 40.4 23.3 40.9
US
Rexford Industrial Realty Inc
NYSE:REXR
9.5B USD 9.6 29.1 18.1 33
US
Lineage Inc
NASDAQ:LINE
8.3B USD 1.5 -60.5 13.5 65.4
US
First Industrial Realty Trust Inc
NYSE:FR
7.9B USD 11 33.2 20.9 33.9
MX
Prologis Property Mexico SA de CV
BMV:FIBRAPL14
135.9B MXN 10.9 9.9 17.2 17.2
P/E Multiple
Earnings Growth PEG
FR
Argan SA
PAR:ARG
Average P/E: 24.1
6
-14%
N/A
US
Prologis Inc
NYSE:PLD
38.6
-5%
N/A
AU
Goodman Group
ASX:GMG
35.8
26%
1.4
UK
SEGRO PLC
LSE:SGRO
0.2
-2%
N/A
SG
Ascendas Real Estate Investment Trust
SGX:A17U
Not Available
1%
N/A
SG
ESR-REIT
OTC:CGIUF
Negative Multiple: -148.8 N/A N/A
US
Eastgroup Properties Inc
NYSE:EGP
40.4
9%
4.5
US
Rexford Industrial Realty Inc
NYSE:REXR
29.1
0%
N/A
US
Lineage Inc
NASDAQ:LINE
Negative Multiple: -60.5 N/A N/A
US
First Industrial Realty Trust Inc
NYSE:FR
33.2
-3%
N/A
MX
P
Prologis Property Mexico SA de CV
BMV:FIBRAPL14
9.9
-26%
N/A