Is Argan (AGX) overvalued or fairly valued?

MarketChacha shows Argan's valuation in context — a trailing P/E of about 63.5, a forward P/E of about 37.2, a price-to-book of about 17.9 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Argan's reported profit turn into cash?

Over 4 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (2.32×) from reported figures — education, not a rating.

What is Argan's revenue?

Argan reported revenue of $944.6M for FY2026, with net profit of $137.8M, per official filings.

What is the share price of Argan (AGX)?

Argan last traded at $603.67 (-0.3% on the day), as of 7/22/2026 — a delayed quote shown for education, not investment advice.

Argan

AGX · NYSE · Industrials · United States

$603.67-0.3%

Delayed · as reported by Yahoo Finance · as of Jul 22, 2026, 7:33 PM

Snapshot

TickerAGX

ExchangeNYSE

SectorIndustrials

IndustryEngineering & Construction

CountryUnited States

CEOMr. Charles Edwin Collins IV

Employees1,409

HeadquartersArlington, United States

Market cap$8.5B

P/E (TTM)63.5

P/B17.9

Volume212.65K

Websitewww.arganinc.com

Filings tracked6

About Argan

Argan, Inc., through its subsidiaries, provides engineering, procurement, construction, commissioning, maintenance, project development, and technical consulting services to the power generation market in the United States, Republic of Ireland, and the United Kingdom. It operates through three segments: Power, Industrial, and Teledata. Its Power segment offers engineering, procurement, and construction, as well as designing, building, and commissioning of large-scale energy projects; and design, construction, project management, start-up, and operation, as well as provides technical consulting services; and turbine, boiler, and large rotating equipment. This segment serves independent power producers, public utilities, power plant equipment suppliers, and other commercial firms. The company's Industrial segment provides field services that support new plant construction and additions; maintenance turnarounds; shutdowns and emergency mobilizations for industrial plants; and fabricates, delivers, and installation of metal components, such as piping systems and pressure vessels. Its Teledata segment offers trenchless directional boring and excavation for underground communication and power networks; aerial cabling; high and low voltage electric lines; and private area outdoor lighting systems, as well as installs buried cable. It also provides structured cabling, terminations, and connectivity that offers the physical transport for high-speed data, voice, video, and security networks; and utility construction services and comprehensive technology wiring solutions. This segment serves electricity cooperative, state and federal government agencies, counties and municipalities, and technology-oriented government contracting firms, as well as customers in the mid-Atlantic region of the United States. Argan, Inc. was incorporated in 1961 and is headquartered in Arlington, Virginia.

Profile as reported by Yahoo Finance.

Who owns it

Insiders4.2%
Institutions95.8%
Public & other0.0%

668 institutional holders

As reported by Yahoo Finance.

Top holders

Blackrock Inc.15.15%
First Trust Advisors LP5.64%
Renaissance Technologies, LLC4.36%
Vanguard Capital Management LLC4.19%
State Street Corporation3.69%
Vanguard Portfolio Management LLC3.69%
Maverick Capital Ltd.3.32%
Geode Capital Management, LLC3.28%

Largest institutional holders, as reported by Yahoo Finance (as of 3/31/2026).

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion2.32×

Over 4 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend7.3% → 14.6%

Margin has expanded by about 7.3 points — the business is getting more profitable.

Return on equity29.8%

Latest ROE of 29.8% — capital is generating a healthy return.

Growth qualityrev 28% · PAT 61%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $336.6M · EPS 3.02

Est. earnings growth +39.3%

Next fiscal year

Rev $1.6B · EPS 16.25

Est. earnings growth +32.8%

Analyst consensus estimates — not the company's own guidance. As reported by Yahoo Finance.

$197.0052-wk range$805.75

Delayed · as reported by Yahoo Finance

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Market cap

$8.5B

Day change

-0.3%

P/E (TTM)

63.5

Fwd P/E

37.2

P/B

17.9

Div yield

0.33%

Beta

0.56

Revenue (FY2026)

$944.6M

Net margin

14.6%

ROE

29.8%

Revenue CAGR (3y)

+27.6%

Profit CAGR (3y)

+60.9%

EPS (FY2026)

9.74

Net profit (FY2026)

$137.8M

Market figures: Delayed · as reported by Yahoo Finance. Financials as reported in company filings.

Ask MarketChacha about AGX

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2026	$944.6M	$137.8M	9.74	14.6%	29.8%
FY2025	$874.2M	$85.5M	6.15	9.8%	24.3%
FY2024	$573.3M	$32.4M	2.39	5.6%	11.1%
FY2023	$455.0M	$33.1M	2.33	7.3%	11.8%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$291.0M	$46.1M	3.24	15.8%
2025Q4	$251.2M	$30.7M	2.17	12.2%
2025Q3	$237.7M	$35.3M	2.50	14.8%
2025Q2	$193.7M	$22.6M	1.60	11.6%
2024Q4	$257.0M	$28.0M	2.00	10.9%
2024Q3	$227.0M	$18.2M	1.31	8.0%
2024Q2	$157.7M	$7.9M	0.58	5.0%
2023Q4	$163.8M	$5.5M	0.40	3.3%
2023Q3	$141.3M	$12.8M	0.94	9.0%
2023Q2	$103.7M	$2.1M	0.16	2.0%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Shareholder vote results, Other events, Exhibits
SEC6/10/2026material
8-K — Results of operations, Exhibits
SEC6/4/2026material
10-Q filing
SEC6/4/2026
8-K — Other events, Exhibits
SEC4/8/2026material
8-K — Results of operations, Exhibits
SEC3/26/2026material
10-K filing
SEC3/26/2026

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed · as reported by yahoo finance) are delayed and shown for reference only. Verify with the linked sources before acting.