Valuation Argan

Stocks

Market Closed - Euronext Paris 16:55:00 21/08/2026 BST			5-day change	1st Jan Change
72.40 ^EUR	-0.28%		-0.69%	+9.70%

08-19	Carnegie Nordic Real Estate Fund rose 2.14 percent in July, invested in JM after sharp share-price drop	FW
08-07	PriorNilsson Fastighet rose 2.96 percent in July, interest-rate levels still attractive	FW

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	2,629	1,739	1,965	1,536	1,698	1,870	-	-
Change	-	-33.86%	12.99%	-21.81%	10.5%	10.13%	-	-
Enterprise Value (EV) ¹	4,325	3,616	3,922	3,236	3,391	3,724	3,736	3,752
Change	-	-16.39%	8.45%	-17.48%	4.77%	9.82%	0.33%	0.42%
P/E	3.92x	18x	-7.47x	6.05x	6.88x	11.5x	11x	10x
PBR	-	-	1.04x	0.69x	0.71x	0.77x	0.75x	0.72x
PEG	-	-0.2x	0x	-0x	-1.72x	-0.3x	2.72x	1x
Capitalization / Revenue	14.2x	8.79x	8.9x	6.43x	8.01x	8.45x	8.07x	7.81x
EV / Revenue	23.3x	18.3x	17.8x	13.5x	16x	16.8x	16.1x	15.7x
EV / EBITDA	29.4x	24x	22.8x	17.4x	17x	17.8x	17.1x	16.6x
EV / EBIT	29.4x	31x	-19.5x	10.7x	11.7x	17.4x	16.3x	15.5x
EV / FCF	41.9x	-32.8x	156x	23.3x	-	50.3x	18x	17.7x
FCF Yield	2.39%	-3.05%	0.64%	4.29%	-	1.99%	5.57%	5.65%
Dividend per Share ²	2.6	3	3.15	3.3	3.45	3.644	3.685	3.793
Rate of return	2.23%	3.96%	3.7%	5.45%	5.23%	5.03%	5.09%	5.24%
EPS ²	29.7	4.2	-11.4	10	9.6	6.303	6.558	7.223
Distribution rate	8.75%	71.4%	-27.6%	33%	35.9%	57.8%	56.2%	52.5%
Net sales ¹	185.6	197.9	220.7	239	212	221.3	231.7	239.5
EBITDA ¹	147.1	150.5	172.1	185.7	199.9	208.7	219.1	226.6
EBIT ¹	147	116.8	-201.2	302.2	290.9	214.5	229.6	242.8
Net income ¹	668	95.1	-263.5	245.7	245.2	172.4	183.2	201
Net Debt ¹	1,696	1,877	1,957	1,700	1,693	1,854	1,866	1,882
Reference price ²	116.40	75.80	85.20	60.50	66.00	72.40	72.40	72.40
Nbr of stocks (in thousands)	22,587	22,940	23,059	25,392	25,721	25,751	-	-
Announcement Date	19/01/22	19/01/23	18/01/24	16/01/25	22/01/26	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
ARGAN	11.52x	16.82x	17.84x	5.02%	2.18B
PROLOGIS, INC.	42.25x	19.58x	25.01x	3.04%	134B
GOODMAN GROUP	18.23x	16.8x	18.97x	1.05%	41.9B
EASTGROUP PROPERTIES, INC.	34.05x	15.9x	22.5x	3.16%	10.8B
REXFORD INDUSTRIAL REALTY, INC.	615.65x	9.31x	13.12x	4.73%	8.24B
FIRST INDUSTRIAL REALTY TRUST, INC.	24.29x	13.76x	20.09x	3.18%	8.3B
TERRENO REALTY CORPORATION	32.42x	16.69x	25.33x	3.19%	7.45B
FIBRA PROLOGIS	21.41x	13.12x	18.2x	4.52%	7.33B
STAG INDUSTRIAL, INC.	33.14x	11.43x	15.58x	4.25%	7.01B
TRITAX BIG BOX REIT PLC	8.67x	19.55x	22.22x	5.33%	6.31B
Average	84.16x	15.30x	19.89x	3.75%	23.32B
Weighted average by Cap.	54.73x	17.77x	22.58x	2.92%