Argan, Inc. provides engineering, procurement, construction, commissioning, operations management, maintenance, project development, technical and consulting services for the power generation and renewable energy markets. The company is headquartered in Rockville, Maryland.
| Revenue (TTM) | $1.04B |
| Gross Profit (TTM) | $216.13M |
| EBITDA | $158.16M |
| Operating Margin | 15.60% |
| Return on Equity | 38.50% |
| Return on Assets | 9.37% |
| Revenue/Share (TTM) | $75.20 |
| Book Value | $33.77 |
| Price-to-Book | 20.91 |
| Price-to-Sales (TTM) | 8.95 |
| EV/Revenue | 8.58 |
| EV/EBITDA | 54.98 |
| Quarterly Earnings Growth (YoY) | 102.50% |
| Quarterly Revenue Growth (YoY) | 50.20% |
| Shares Outstanding | $14.02M |
| Float | $13.56M |
| % Insiders | 4.15% |
| % Institutions | 108.94% |
Volatility is currently expanding
AGX, CIEN, DDS and SMTC stand out as liquid, efficient stocks with growth potential, backed by solid ratios, asset use and recent revenue gains.
Argan, Inc. remains a buy as growth drivers broaden beyond gas-fired power into industrial/data-center opportunities, supported by a robust balance sheet. AGX's backlog is anchored by over 4.1 GW of U.S. gas-fired projects, with industrial/data-center work providing a second growth lever and risk diversification. Despite a premium valuation at ~34x NTM EBITDA, AGX's earnings are positioned to ramp significantly by FY30, potentially justifying the current multiple.
AGX's industrial expansion and new fabrication capacity could diversify growth beyond power EPC as data center and manufacturing demand build.
Argan, Inc. AGX is currently trading at a forward 12-month Price/Earnings ratio (P/E F12M) of 50.57X, a roughly 167.6%, which is premium to the Zacks Building Products - Heavy Construction industry average of 18.9X. The valuation also stands above the broader Construction sector multiple of 21.49X and the Zacks S&P 500 composite level of 21.07X.
AGX's data center push gains traction with a $125M contract, new fabrication capacity and rising AI-driven demand supporting long-term growth.
Argan, Inc. AGX continues to capitalize on the robust U.S. energy infrastructure buildout, but like most engineering, procurement and construction (EPC) contractors, it remains exposed to execution risks associated with large, complex projects. The key question for investors is whether the company's exceptional liquidity profile is sufficient to offset these risks.
Here is how Argan (AGX) and Masco (MAS) have performed compared to their sector so far this year.
The rise in United States energy infrastructure spending is one of the strongest secular themes in the industrial sector, and companies like Argan, Inc. AGX and Primoris Services Corporation PRIM are well-positioned to benefit. The key point is that the US needs not only more electricity generation but also more infrastructure to produce, transport and deliver that power reliably.
Argan (AGX) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Does Argan (AGX) have what it takes to be a top stock pick for momentum investors? Let's find out.
