Overview Dividends

(AGX) Argan - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US04010E1091

Engineering, Procurement, Construction, Maintenance, Commissioning

AGX EPS (Earnings per Share)

EPS Growth (3Y CAGR): -58.61%
EPS Trend (3Y Correlation): 34.7%

AGX Revenue

Revenue Growth (3Y CAGR): 29.06%
Revenue Trend (3Y Correlation): 89.3%

Risk via 10d forecast
Volatility	68.5%
Value at Risk 5%th	99.8%
Relative Tail Risk	-11.71%

Reward TTM
Sharpe Ratio	1.43
Alpha	95.72

Character TTM
Hurst Exponent	0.358
Beta	1.612
Beta Downside	1.286

Drawdowns 3y
Max DD	43.75%
Mean DD	6.68%
Median DD	4.15%

Description: AGX Argan November 09, 2025

Argan, Inc. (NYSE:AGX) delivers end-to-end engineering, procurement, construction, commissioning, and maintenance services to the U.S., Irish, and U.K. power-generation markets. Its Power Industry Services unit builds and operates large-scale renewable assets-including biomass, wind, solar and battery storage-while also providing technical consulting to independent power producers, utilities, and equipment suppliers.

The Industrial Construction Services segment focuses on field support for new plant builds, turnarounds, shutdowns, and the delivery/installation of steel infrastructure such as piping and pressure vessels. Meanwhile, the Telecommunications Infrastructure Services segment offers trenchless boring, aerial cabling, high- and low-voltage line installation, and structured-cabling solutions for utilities, municipal agencies, and federal customers in the U.S. mid-Atlantic region. Recent data shows the company generated $1.2 billion in revenue in FY 2023, with a backlog of roughly $850 million-indicating strong order flow amid a 12 % YoY increase in U.S. renewable-energy capex and a tightening labor market that is driving higher EPC pricing.

For a deeper quantitative view of AGX’s valuation and risk profile, consider exploring the analytics available on ValueRay.

AGX Stock Overview

Market Cap in USD	4,303m
Sub-Industry	Construction & Engineering
IPO / Inception	1995-08-18
Return 12m vs S&P 500	97.3%
Analyst Rating	4.0 of 5

AGX Dividends

Dividend Yield	0.48%
Yield on Cost 5y	3.80%
Yield CAGR 5y	-20.86%
Payout Consistency	91.5%
Payout Ratio	19.5%

AGX Growth Ratios

CAGR 3y	115.03%
CAGR/Max DD Calmar Ratio	2.63
CAGR/Mean DD Pain Ratio	17.23
Current Volume	443.7k
Average Volume	349.8k

Piotroski VR‑10 (Strict, 0-10) 6.0

Net Income (117.2m TTM) > 0 and > 6% of Revenue (6% = 55.3m TTM)

FCFTA 0.16 (>2.0%) and ΔFCFTA -7.38pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 37.41% (prev 36.44%; Δ 0.96pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.17 (>3.0%) and CFO 146.3m > Net Income 117.2m (YES >=105%, WARN >=100%)

Net Debt (-175.5m) to EBITDA (126.1m) ratio: -1.39 <= 3.0 (WARN <= 3.5)

Current Ratio 1.71 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (14.1m) change vs 12m ago 1.81% (target <= -2.0% for YES)

Gross Margin 18.79% (prev 12.76%; Δ 6.04pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 114.4% (prev 98.13%; Δ 16.31pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio -0.74 (EBITDA TTM 126.1m / Interest Expense TTM -81.1m) >= 6 (WARN >= 3)

Altman Z'' 5.05

(A) 0.39 = (Total Current Assets 828.8m - Total Current Liabilities 484.3m) / Total Assets 882.7m

(B) 0.39 = Retained Earnings (Balance) 340.3m / Total Assets 882.7m

(D) 0.70 = Book Value of Equity 341.1m / Total Liabilities 489.5m

Total Rating: 5.05 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 82.91

1. Piotroski 6.0pt = 1.0

2. FCF Yield 3.76% = 1.88

3. FCF Margin 15.24% = 3.81

4. Debt/Equity 0.01 = 2.50

5. Debt/Ebitda -1.39 = 2.50

6. ROIC - WACC (= 8.23)% = 10.29

7. RoE 32.61% = 2.50

8. Rev. Trend 89.35% = 6.70

9. EPS Trend 34.70% = 1.74

What is the price of AGX shares?

As of November 14, 2025, the stock is trading at USD 335.10 with a total of 443,671 shares traded.
Over the past week, the price has changed by +7.62%, over one month by +13.91%, over three months by +46.27% and over the past year by +124.68%.

Is Argan a good stock to buy?

Yes, based on ValueRay´s Fundamental Analyses, Argan (NYSE:AGX) is currently (November 2025) a good stock to buy. It has a ValueRay Fundamental Rating of 82.91 and therefor a positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of AGX is around 409.85 USD . This means that AGX is currently undervalued and has a potential upside of +22.31% (Margin of Safety).

Is AGX a buy, sell or hold?

Argan has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy AGX.

Strong Buy: 1
Buy: 0
Hold: 1
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the AGX price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	262	-21.8%
Analysts Target Price	262	-21.8%
ValueRay Target Price	456.1	36.1%

AGX Fundamental Data Overview November 09, 2025

Market Cap USD = 4.30b (4.30b USD * 1.0 USD.USD)
P/E Trailing = 37.315
P/S = 4.6731
P/B = 9.5317
Beta = 0.615
Revenue TTM = 920.9m USD
EBIT TTM = 60.0m USD
EBITDA TTM = 126.1m USD
Long Term Debt = 2.38m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 4.76m USD (from shortTermDebt, last quarter)
Debt = 2.38m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -175.5m USD (from netDebt column, last quarter)
Enterprise Value = 3.73b USD (4.30b + Debt 2.38m - CCE 572.2m)
Interest Coverage Ratio = -0.74 (Ebit TTM 60.0m / Interest Expense TTM -81.1m)
FCF Yield = 3.76% (FCF TTM 140.3m / Enterprise Value 3.73b)
FCF Margin = 15.24% (FCF TTM 140.3m / Revenue TTM 920.9m)
Net Margin = 12.73% (Net Income TTM 117.2m / Revenue TTM 920.9m)
Gross Margin = 18.79% ((Revenue TTM 920.9m - Cost of Revenue TTM 747.8m) / Revenue TTM)
Gross Margin QoQ = 18.62% (prev 19.03%)
Tobins Q-Ratio = 4.23 (Enterprise Value 3.73b / Total Assets 882.7m)
Interest Expense / Debt = 26.45% (Interest Expense 629.0k / Debt 2.38m)
Taxrate = 1.01% (361.0k / 35.6m)
NOPAT = 59.4m (EBIT 60.0m * (1 - 1.01%))
Current Ratio = 1.71 (Total Current Assets 828.8m / Total Current Liabilities 484.3m)
Debt / Equity = 0.01 (Debt 2.38m / totalStockholderEquity, last quarter 393.2m)
Debt / EBITDA = -1.39 (Net Debt -175.5m / EBITDA 126.1m)
Debt / FCF = -1.25 (Net Debt -175.5m / FCF TTM 140.3m)
Total Stockholder Equity = 359.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 13.28% (Net Income 117.2m / Total Assets 882.7m)
RoE = 32.61% (Net Income TTM 117.2m / Total Stockholder Equity 359.4m)
RoCE = 16.58% (EBIT 60.0m / Capital Employed (Equity 359.4m + L.T.Debt 2.38m))
RoIC = 16.52% (NOPAT 59.4m / Invested Capital 359.4m)
WACC = 8.29% (E(4.30b)/V(4.31b) * Re(8.28%) + D(2.38m)/V(4.31b) * Rd(26.45%) * (1-Tc(0.01)))
Discount Rate = 8.28% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 2.09%
[DCF Debug] Terminal Value 69.41% ; FCFE base≈151.8m ; Y1≈99.7m ; Y5≈45.6m
Fair Price DCF = 62.32 (DCF Value 860.7m / Shares Outstanding 13.8m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 34.70 | EPS CAGR: -58.61% | SUE: -3.25 | # QB: 0
Revenue Correlation: 89.35 | Revenue CAGR: 29.06% | SUE: -0.35 | # QB: 0

Additional Sources for AGX Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle