XJSEART
Market cap81mUSD
Dec 23, Last price
2,750.00ZAR
1D
0.11%
1Q
4.36%
Jan 2017
517.98%
Name
Argent Industrial Ltd
Chart & Performance
Profile
Argent Industrial Limited manufactures and trades in steel and steel-related products in South Africa and internationally. The company trades in sections, sheets, coils, plates, and special steel products; offers slitting, blanking, cutting-to-length, and tube and lipped channel services, as well as flame, plasma, and laser cutting, guillotining, and bending services; and supplies aluminum products. It also manufactures ladders, trolleys, castors, wheels, scaffolding, conveyors, canteen units and folding tables, bookcases, steel wardrobes, storage bins, steel cabinets and cupboards, office desks, tables, furniture, racks, shelves, lockers, and steel beds; underground scrapers and wear parts, grizzly frames and segments, and other mining equipment; speed control retarder systems; cranes, hoists, and lifting equipment; pizza ovens, braai stands, and fireplaces; aircraft refueling vehicles and systems; and louvre shutters and window blinds, as well as designs and builds fuel storage tanks. In addition, the company manufactures security and driveway gates, DIY security barriers, roller shutters, window burglar bars, and sectional garage and roll up doors; material handling equipment; aluminium rolled and extrusion, and stainless rolled and long products; wooden and metal gates, railings, accessories, wooden fencings and posts, fixtures and fittings, and garden products; steel cupboards; burglar guards, gates, balustrades, steel palisade fencing, etc.; and industrial doors, including insulated sectional doors, as well as offers steel services, including profiling, plasma cutting, rolling, surface grinding, guillotining and laser cutting, and multiple pressbrakes services. Further, it is involved in supplying supplies infrastructure construction raw materials; ready-mix concrete and mortars, and crushed stone products; the provision of technical back-up and support services; and properties business. The company was founded in 1972 and is based in La Lucia, South Africa.
Valuation
Title ZAR in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2024‑03 | 2023‑03 | 2022‑03 | 2021‑03 | 2020‑03 | 2019‑03 | 2018‑03 | 2017‑03 | 2016‑03 | 2015‑03 | |
Income | ||||||||||
Revenues | 2,544,216 3.45% | 2,459,359 1.10% | 2,432,702 23.74% | |||||||
Cost of revenue | 1,823,339 | 1,813,102 | 1,820,401 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 720,877 | 646,257 | 612,301 | |||||||
NOPBT Margin | 28.33% | 26.28% | 25.17% | |||||||
Operating Taxes | 90,121 | 56,496 | 60,533 | |||||||
Tax Rate | 12.50% | 8.74% | 9.89% | |||||||
NOPAT | 630,756 | 589,761 | 551,768 | |||||||
Net income | 244,924 6.25% | 230,521 21.19% | 190,208 45.91% | |||||||
Dividends | (58,340) | (48,835) | ||||||||
Dividend yield | 5.67% | 5.93% | ||||||||
Proceeds from repurchase of equity | (25,103) | 84,756 | (42,186) | |||||||
BB yield | 2.44% | -10.29% | 5.35% | |||||||
Debt | ||||||||||
Debt current | 41,975 | 46,950 | 74,495 | |||||||
Long-term debt | 142,906 | 143,568 | 190,551 | |||||||
Deferred revenue | 1 | 67,106 | 83,779 | |||||||
Other long-term liabilities | 1,672 | (66,224) | (83,779) | |||||||
Net debt | (271,640) | (867,150) | (703,764) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 352,643 | 163,540 | 112,988 | |||||||
CAPEX | (92,734) | (58,762) | (56,142) | |||||||
Cash from investing activities | (28,307) | (42,408) | (92,714) | |||||||
Cash from financing activities | (146,649) | (59,417) | (90,187) | |||||||
FCF | 606,887 | 966,003 | 263,012 | |||||||
Balance | ||||||||||
Cash | 450,655 | 255,322 | 183,468 | |||||||
Long term investments | 5,866 | 802,346 | 785,342 | |||||||
Excess cash | 329,310 | 934,700 | 847,175 | |||||||
Stockholders' equity | 1,721,909 | 3,020,766 | 2,618,829 | |||||||
Invested Capital | 1,516,728 | 675,629 | 597,895 | |||||||
ROIC | 57.54% | 92.62% | 107.41% | |||||||
ROCE | 37.76% | 38.70% | 40.77% | |||||||
EV | ||||||||||
Common stock shares outstanding | 55,424 | 56,051 | 58,477 | |||||||
Price | 18.57 26.33% | 14.70 9.05% | 13.48 48.13% | |||||||
Market cap | 1,029,224 24.91% | 823,950 4.53% | 788,270 43.51% | |||||||
EV | 783,769 | 1,410,039 | 1,364,596 | |||||||
EBITDA | 772,763 | 701,942 | 667,138 | |||||||
EV/EBITDA | 1.01 | 2.01 | 2.05 | |||||||
Interest | 13,159 | 14,466 | 15,003 | |||||||
Interest/NOPBT | 1.83% | 2.24% | 2.45% |