Argan SA
PAR:ARG

Watchlist Manager
Argan SA Logo
Argan SA
PAR:ARG
Watchlist
Price: 65.4 EUR -0.3% Market Closed
Market Cap: 1.7B EUR
Section:
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one ARG stock under the Base Case scenario is 141.31 EUR. Compared to the current market price of 65.4 EUR, Argan SA is Undervalued by 54%.

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
141.31 EUR
Undervaluation 54%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

8.1
P/S
P/S
Price to Sales
8.1
vs History
84
vs Industry
20
Median 3Y
9.5
Median 5Y
10
Industry
3.9
Forward
7.9
More Details
5.8
P/E
P/E
Price to Earnings
5.8
vs History
44
vs Industry
30
Median 3Y
5.8
Median 5Y
5.7
Industry
16.4
Forward
10.8
More Details
8.7
P/OCF
P/OCF
Price to OCF
8.7
vs History
85
vs Industry
39
Median 3Y
9.6
Median 5Y
11.9
Industry
11.3
More Details
16.6
P/FCFE
P/FCFE
Price to FCFE
16.6
vs History
30
vs Industry
38
Median 3Y
5.8
Median 5Y
6.5
Industry
12.9
More Details
0.7
P/B
P/B
Price to Book Value
0.7
vs History
73
vs Industry
48
Median 3Y
0.8
Median 5Y
0.9
Industry
0.9
More Details
16.3
EV/S
EV/S
Enterprise Value to Sales
16.3
vs History
87
vs Industry
9
Median 3Y
18.9
Median 5Y
19.9
Industry
6.9
Forward
15.8
More Details
N/A
EV/GP
EV/GP
Enterprise Value to Gross Profit
N/A
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
12.5
More Details
17.5
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
17.5
vs History
87
vs Industry
29
Median 3Y
20.3
Median 5Y
21.8
Industry
15.9
Forward
16.9
More Details
17.5
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
17.5
vs History
87
vs Industry
36
Median 3Y
20.3
Median 5Y
21.9
Industry
19.2
Forward
13.4
More Details
17.6
EV/OCF
EV/OCF
Enterprise Value to OCF
17.6
vs History
88
vs Industry
32
Median 3Y
19.2
Median 5Y
22.1
Industry
18.5
More Details
17.6
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
17.6
vs History
69
vs Industry
31
Median 3Y
19.2
Median 5Y
19.2
Industry
20.5
More Details
0.8
EV/IC
EV/IC
Enterprise Value to IC
0.8
vs History
69
vs Industry
37
Median 3Y
0.8
Median 5Y
0.9
Industry
0.8
More Details

Multiples Across Competitors

ARG Competitors Multiples
Argan SA Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
FR
Argan SA
PAR:ARG
1.7B EUR 8.1 5.8 17.5 17.5
US
Prologis Inc
NYSE:PLD
119.4B USD 13.7 37.3 25.2 44.2
AU
Goodman Group
ASX:GMG
56.7B AUD 24.6 34 79.4 79.4
SG
ESR-REIT
OTC:CGIUF
19.1B USD 60.1 -224.9 100.6 100.6
SG
Ascendas Real Estate Investment Trust
SGX:A17U
12.9B 0 0 0 0
UK
SEGRO PLC
LSE:SGRO
9.7B GBP 13.8 15.6 29.1 30
US
Rexford Industrial Realty Inc
NYSE:REXR
9.7B USD 9.7 29.5 18.3 33.3
US
Eastgroup Properties Inc
NYSE:EGP
9.7B USD 13.8 38.9 22.6 39.6
US
Lineage Inc
NASDAQ:LINE
8.2B USD 1.5 -59.6 13.4 64.9
US
First Industrial Realty Trust Inc
NYSE:FR
7.6B USD 10.6 32 20.3 33
US
STAG Industrial Inc
NYSE:STAG
7.3B USD 8.9 30.5 17.2 34
P/E Multiple
Earnings Growth PEG
FR
Argan SA
PAR:ARG
Average P/E: 27.9
5.8
-14%
N/A
US
Prologis Inc
NYSE:PLD
37.3
-5%
N/A
AU
Goodman Group
ASX:GMG
34
26%
1.3
SG
ESR-REIT
OTC:CGIUF
Negative Multiple: -224.9 N/A N/A
SG
Ascendas Real Estate Investment Trust
SGX:A17U
Not Available
1%
N/A
UK
SEGRO PLC
LSE:SGRO
15.6
-3%
N/A
US
Rexford Industrial Realty Inc
NYSE:REXR
29.5
-4%
N/A
US
Eastgroup Properties Inc
NYSE:EGP
38.9
12%
3.2
US
Lineage Inc
NASDAQ:LINE
Negative Multiple: -59.6 N/A N/A
US
First Industrial Realty Trust Inc
NYSE:FR
32
-3%
N/A
US
STAG Industrial Inc
NYSE:STAG
30.5
3%
10.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
FR
Argan SA
PAR:ARG
Average EV/EBITDA: 34.4
17.5
5%
3.5
US
Prologis Inc
NYSE:PLD
25.2
10%
2.5
AU
Goodman Group
ASX:GMG
79.4
70%
1.1
SG
ESR-REIT
OTC:CGIUF
100.6
12%
8.4
SG
Ascendas Real Estate Investment Trust
SGX:A17U
Not Available
4%
N/A
UK
SEGRO PLC
LSE:SGRO
29.1
15%
1.9
US
Rexford Industrial Realty Inc
NYSE:REXR
18.3
8%
2.3
US
Eastgroup Properties Inc
NYSE:EGP
22.6
11%
2.1
US
Lineage Inc
NASDAQ:LINE
13.4
6%
2.2
US
First Industrial Realty Trust Inc
NYSE:FR
20.3
11%
1.8
US
STAG Industrial Inc
NYSE:STAG
17.2
10%
1.7

See Also

Summary
ARG intrinsic value, competitors valuation, and company profile.
DCF Valuation
ARG stock valuation using Discount Cash Flow valuation method.
Relative Valuation
ARG stock valuation using valuation multiples.
Wall Street Estimates
ARG price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
ARG stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 299,800+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.